Mitsubishi i available for just $69 a month in this outrageous lease (100% electric)

AutoBlogGreen ^ | January 22, 2013 | Jon LeSage

[2ndDivisionVet]

O'Brien Mitsubishi, based in Normal, IL, is offering something way outside the norm: an absurdly low lease price – the cheapest we've ever seen – for on an electric vehicle.

AutoblogGreen reader Josh K. could hardly believe what he saw when driving by a rotating banner advertising the a Mitsubishi i-MiEV recently: $69 a month for 24 months. That compares with the official Mitsubishi lease program from last fall, which was $249 a month for three years.

Yes, it sounds too good to be true. So we called the dealership and had the lease offering confirmed.

Salesman Scott Lovett explained that, starting January 1, the dealership began running a 24-month lease promotion for the Mitsubishi i ES that gives customers two options:

$69 per month for two years, after which the car is returned. The customer has to pay tax, title and license up front, which Lovett estimated at about $2,100.

$169 per month with no money down, and tax, title and license is rolled into the monthly payment. It's also a 24-month lease program.

About 90 percent of the i lease takers are having Level 2 charging ports installed at their homes...

[notaliberal]

Between his parents and me he hopefully will not be a lib

[zipper]

"With just 62 miles between no charge and a full charge, the Mitsubishi i is tethered by the shortest range in the electric-car segment. In comparison, the Leaf's range is 73 miles, while the 2013 Ford Focus Electric promises 85-100 miles....This Mitsu goes from no charge to full charge in 7 hours using a 240-volt home charging unit, and while this is competitive with the charge time required of the Nissan Leaf, it falls short relative to the Focus Electric's claimed 3-4 hours."

Definitely a niche car, but what niche? If you live in the city any car costs a lot to keep because of parking fees. If you live just outside the city limits, but not in an apartment (no quick charging 240V station -- recharging the battery when empty takes about 22 hours using a 120-volt household outlet) this car might be barely functional as long as you only live 25 miles from work.

Electric cars are not ready for prime time, despite all the lies the government tells us.

[Gay State Conservative]

About half or less the cost of coal. Cost about 6 cents kWh here. Grand Coulee Dam alone capacity = 7,000 MW. Average coal plant 1/10 that.

Yes,I'm aware of hydroelectric power's existence and that,in the US at least,it's about the cheapest form of power to be found.However,according to wikipedia (yah,I know) coal represents about 42% of the nation's power generation while hydro represents 6.4%.In my statement I said "on a large scale".To me,42% is "large scale",6.4% isn't.

I did some research recently and found that Quebec gets a huge portion of their electricity from hydro.In fact I just looked it up (wikipedia again) and found that 95% of the power generated there is hydro.I've also read that Quebec exports a good portion of the power they generate to other parts of Canada and the Northeastern US and that Quebecers pay something like 5 cents per kWh for power.We pay 20 cents where I live.