Pipcecil
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Re: Official Fiat 500e thread

Wed Jul 30, 2014 5:44 am

also those numbers they spout can be dubious. I am sure he is trying to roll R&D cost into the "price" which I think is really unfair. The more you sell, the less the R&D cost factor in (so its never a set number). Add to the fact that the second you use ANY of that R&D into another car (anything from simple stuff for a better ICE or even more complicated things), you automatically defray that cost. They are just playing the pity party. You know their R&D for the car will be used for many other applications so applying it to a set number of vehicles and only to the 500e is pointless.

Some people in the media had inside numbers and had come up with the same fuzzy math, rolling R&D into the cost of the volt saying it would never be profitable until the CEO came back and said that was bogus and the cost of the parts+labor was still below what they were selling the car for and that is all that matters.

Honestly, I bet 10 to 1 that the actual parts and manufacture cost for the 500e are still below what they sell the vehicle at. Chrysler/Fiat is just being whiny babies. I akin those estimations of companies rolling computer electrical usage and other overhead cost into cost estimates and project bids. Its an overhead rate, not a project billing item. I hate when they pretend that is should be in the main budget. I smack that stuff down quickly.
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redLEAF
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Re: Official Fiat 500e thread

Wed Jul 30, 2014 6:43 am

These 'new' posts are actually fairly old news; these started cropping up from the boss of Fiat just before Memorial Day ... bottom line is that the 500e like the Rav4 EV and a number of other EV's are 'compliance' cars for the mfg to meet the CA requirements to sell X% of zero emission cars in order to be able to sell the rest of their ICE car line there as well; as CA is quite a big market for most mfg.'s they would be crazy not to. This can come in the form of simply buying zero-emission credits from others (like Tesla) and/or introducing a limited run EV themselves (or jointly with some help) so while 'they lose money with everyone they sell'; its simply a price to pay to sell cars in CA; how many non-EV's can be sold with the money they've 'lost' on each one? I'm sure someone will post the formula ... many mfg. double or triple or more the average MSRP for instance in China and can easily get away with it (see older article); there has been a recent surge of high-end luxury cars being bought here and then sold and shipped overseas because of how much they cost in China; it should be noted that Tesla isn't following this trend but BMW, VW and MBZ does charge significantly more in China for a quite similar model in the U.S.:

http://online.wsj.com/news/articles/SB10001424127887323585604579011720493890000

Mr. Luo at the CADA said that the price difference is the result of a combination of factors such as China's robust demand for luxury cars, the country's various taxes on imported cars and a stronger position of foreign car makers than local dealers in pricing.
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edatoakrun
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Re: Official Fiat 500e thread

Wed Mar 18, 2015 10:24 am

Nothing down and ~$83 a month?

I think that's close to a new record for the lowest-cost California BEV lease.

Looks like a San San Joaquin Valley resident could get another $3,000 back, and get to drive a 500e for three years for ~free?

http://valleyair.org/grants/driveclean.htm

...As of last Thursday, he's driving a new charcoal grey 2015 Fiat 500e for a total lease payment of $82.75 a month for 36 months.

The deal was made possible by generous discounts on the subcompact Fiat 500e electric car; the suggested retail price of $32,000 was reduced by a $2,100 limited-time promotion offered by Fiat Chrysler Automobiles.

That brought the down payment to $11,000 for that low monthly lease cost. The Fiat 500e is eligible for a Federal income-tax credit of $7,500, which the leasing company applied directly to the down payment.

That left $3,500, which will be offset by a $2,500 purchase rebate from the state of California--which Nuxoll and other buyers will get in the form of a check in the mail several weeks after they apply for it.

In other words, Nuxoll gets to drive a brand-new electric car for three years, and it cost him a net $1,000 down and $82.75 per month. (He's limited to 10,000 miles per year, though.)

Even more remarkable, buyers who could show that they were currently leasing a car from a non-Fiat Chrysler brand received an additional $1,000 incentive.

They got the Fiat 500e, in other words, for no money down at all...


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eloder
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Re: Official Fiat 500e thread

Wed Mar 18, 2015 10:10 pm

edatoakrun wrote:Nothing down and ~$83 a month?

I think that's close to a new record for the lowest-cost California BEV lease.

Looks like a San San Joaquin Valley resident could get another $3,000 back, and get to drive a 500e for three years for ~free?

http://valleyair.org/grants/driveclean.htm

...As of last Thursday, he's driving a new charcoal grey 2015 Fiat 500e for a total lease payment of $82.75 a month for 36 months.

The deal was made possible by generous discounts on the subcompact Fiat 500e electric car; the suggested retail price of $32,000 was reduced by a $2,100 limited-time promotion offered by Fiat Chrysler Automobiles.

That brought the down payment to $11,000 for that low monthly lease cost. The Fiat 500e is eligible for a Federal income-tax credit of $7,500, which the leasing company applied directly to the down payment.

That left $3,500, which will be offset by a $2,500 purchase rebate from the state of California--which Nuxoll and other buyers will get in the form of a check in the mail several weeks after they apply for it.

In other words, Nuxoll gets to drive a brand-new electric car for three years, and it cost him a net $1,000 down and $82.75 per month. (He's limited to 10,000 miles per year, though.)

Even more remarkable, buyers who could show that they were currently leasing a car from a non-Fiat Chrysler brand received an additional $1,000 incentive.

They got the Fiat 500e, in other words, for no money down at all...


http://www.greencarreports.com/news/109 ... lus-bought


I've heard of a number of electric smarts going for less in California, and unlike this deal they're open to more than just a small group of buyers.

Even my electric smart lease in the Midwest (zero state incentives) is $430 down ($0 + tax/title/fees/first month), $139 per month before any dealer incentives.
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RonDawg
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Re: Official Fiat 500e thread

Wed Mar 18, 2015 11:25 pm

TomT wrote:He must know the folks at Toyota! :lol:

DaveinOlyWA wrote:"I will sell the (minimum) of what I need to sell and not one more," [Fiat-Chrysler CEO] Marchionne said of the 500e.


I've got a feeling that Serge must have since changed his mind, if supply of the car is such that they have to give them away for $83/month.
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freeewilly
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Re: Official Fiat 500e thread

Thu Mar 19, 2015 10:07 am

After factoring 2500 CA rebate, my monthly cost for SMART is around $67 per month.

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Re: Official Fiat 500e thread

Thu Mar 19, 2015 4:37 pm

10,000 miles? what is the overage rate? I mean 10,000 miles? I only know a handful of drivers that puts that little on their cars annually.
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Re: Official Fiat 500e thread

Thu Mar 19, 2015 9:57 pm

DaveinOlyWA wrote:10,000 miles? what is the overage rate? I mean 10,000 miles? I only know a handful of drivers that puts that little on their cars annually.

10K miles/year is pretty low, but I know a fair # of people who would put that few miles on their car a year.

If I were to jump on this deal (assuming it's still available when I'm back in the market) when my Leaf lease runs out, I'd need 12K miles/year.

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LeftieBiker
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Re: Official Fiat 500e thread

Thu Mar 19, 2015 10:11 pm

As my two year lease nears its end (I plan on extending) I have about 10,800 miles on my Leaf. Total, not per year.
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Re: Official Fiat 500e thread

Thu Mar 19, 2015 10:19 pm

cwerdna wrote:
DaveinOlyWA wrote:10,000 miles? what is the overage rate? I mean 10,000 miles? I only know a handful of drivers that puts that little on their cars annually.

10K miles/year is pretty low, but I know a fair # of people who would put that few miles on their car a year.

If I were to jump on this deal (assuming it's still available when I'm back in the market) when my Leaf lease runs out, I'd need 12K miles/year.


Before I got a Leaf, I was routinely racking up 15k a year or more on my personal vehicles. I signed up for the 12k/year lease plan knowing I could use my ICEV "range extender" if I was starting to rack up too many miles.

26 months later I have less than 22k miles total on my Leaf. And it's not because I'm using my ICEV a lot more either as I only put 2k miles on that in all of 2014. It's because I have started to take fewer trips that would take me outside of the Leaf's range. So I have become more Eco-friendly even if you don't take propulsion method into account.
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