Fiat announced that its 2013 500e electric car will be priced at $32,500 (including the $700 destination charge) when it goes on sale this summer. Included in the price is an innovative “alternative transportation” credit that gives owners limited access to other cars for trips that exceed the 500e’s range.
The 500e’s base price, of course, excludes a number of tax credits, which vary by state. Fiat says California buyers can purchase the 500e for as low as $21,200 once federal credits, state incentives, and factory rebates are applied. While attractive, the price does place it above some competitors including the 2013 Nissan Leaf,which can be had for around $20,000 after similar credits and rebates.
Alternatively, residents of California will have an opportunity to take advantage of a lease deal. The three-year lease special requires $999 at signing and monthly payments of $199, which Fiat says is the same offer currently available on a gas-powered Fiat 500 Pop model.
The electric Cinquecento sports a few cosmetic differences to distinguish itself from its gas-powered siblings. It has an EPA-rated range of 87 miles per charge. Fiat is also including a 500e Pass program for situations when owners need to travel farther than the EV’s range. The program provides owners with alternative gas-powered vehicles from the Chrysler family such as a Fiat 500, Dodge Dart, or Chrysler 200. According to Fiat, owners will have “up to 12 days of alternative transportation each year for the first three years after the date of purchase.” The program will be handled through Enterprise and Alamo Rent-A-Car, which has thousands of offices throughout the nation.