Mini sends me this email for a special lease for a E-mini.

$850 per month? That has to be a typo!

I can't imagine what sucker would sign up for that?!?!

 

Last thing I read said that 26,000 people are on the wait list.

 

$850 per month will get you nearly any luxury car you want. My guess is that it's a typo, as well.

 

That's my thinking. More luxury and bigger.

 

but you don't pay for gas at all. Yes it's expenisve, but there are only ~500 cars for the whole market. Too expensive for you? Don't worry, I'm sure all the cars will be leased.

Supply and demand.

The lease costs for the Honda hydrogen car is much higher than the cost of the gas varient.

The lease costs for the EV1 were expensive as well.

And when electrics are done in the volume needed to get the price much lower, then the lease costs will be lower too! The Hybrid Technologies electric Mini is what, $60k? Electrics demand a premium now.. Not for everyone for sure, but there are many who want to be on the cutting edge and are willing to pay for it. That's not being a "sucker" that's investing in our future.

Matt

 

 

There are plenty of patrons willing to pay the price to be trendy and "first on the block."

 

I will bet the $850 is right .

If I recall correctly Ford was giving Hydrogen cars to test for free . I signed up but was not selected.

They should be paying me to drive the car , for my feed back. I agree with you what a joke . Yes a whole bunch of people( 26,000) like myself signed up but now that I know the faq's , will not be driving a mini electric .

 

Includes all services every 3k miles

Includes Insurance

No added cost for gas.

I think there is also an allowance for increased electric cost.

 

$850 is correct. You also have to have an enclosed garage for them to install the charging unit. No garage, no car.

 

+1

 

Don't forget the $7500 Tax Credit.... that makes a small difference as it is $625 per month....

 

It's a lot of money, but if you were MINI, would you charge $400/month when you know you'll lease all of them easily at $850/month? That would be throwing money away.

Secondly, charging more for the car lowers the number of applications they have to sift through AND, in general, raises the level of interest that the owner has in the project.

Think about it. If they were the price of a normal car, people would just get them because they make financial sense. If you charge notably more, then people are giving up something nicer/fancier/faster/etc to get something they are really excited about. This leads to more enthusiastic customer involvement and better feedback... exactly what MINI wants from this "field test".

It's pretty expensive, but I think it makes sense on MINI's part.

 

The way I figure it when you take the tax credit and consider gas savings (12k a year) you're at $150 a month plus electric.

Not bad.

 

Should be a collectible at the very least.

 

Collectable alright... when MINI collects it back from you when the 1 year lease is up! I wonder if they go in the crusher after that.

 

 

Should have used this one .

Maybe a person can go into witness protection or something.

 

That is not straight off your taxes. Remember that

 

 

just imagine being 18 and paying 850 semi annually for the cheapest insurance!

 

Try getting a 1 year lease on any new car and see what you pay.

Includes collision insurance only, but that can be the lion's share of your insurance costs.

 

all you naysayers and mockers are forgetting history..... When cars came out, they were unreliable cantacerous devices for the rich. Horses were cheaper, more functional, and more dependable. The technology in the car got better, horses are now doing a very, very small percentage of the function that they used to.

It's like everyone thinks the world never changes and that prices will be what they are forever! That's just BS. No matter how you slice it, the trend is clear, electrics are on the way, and it's early in the curve.

Even with poor grid overall efficiencies, electric cars use about half the energy per mile driven than internal combustion vehicles do. The largest contributor to transportation oil use is the light vehicle fleet. The writing is on the wall, to use less energy per mile is in everyones interest. Electrics do that. Get used to it.

Matt

 

I'm not a CPA and I may be off here but I think a tax credit lowers your taxable income by said amount, it does not lower your taxes owed by that amount. Your taxes would not be reduced by $7500, more like $1000-$2000 depending on your tax bracket.

 

don't you just love the way some people fall into the "tax incentive" programs?! Nothing like this is 100%.