Indeed, a resident in Colorado with good credit will be able to lease a Fiat 500e for $0 down and priced at $0 per month. It is on the advertisement that this dealership offers jaw-dropping deals on electric hatchbacks, H. Miller Chrysler, Dodge, Ram, and Fiat in Denver. Yes, however, there is no offer that comes without its flaws to being too good-to-be-true.
Thus it requires some upfront taxes and fees of roughly $1,692. Spread over the lease, that is about $62 a month. In some fortunate cases, the upfront payment has been lower still; one person reports contracting this deal for just $1,111 when signing. After that, there will be no other monthly payments, and 10,000 miles a year are built into the lease.
This is clearly a very good deal, but it is not quite as good as it seems. It is available only to Colorado residents, and applicants need to have a credit score of at least 700. Moreover, an upfront cost part of this lease includes a disposition fee.
This dealership is really buzzing with the promotion as they rush to grab it. According to reports, the site of the dealership has 52 units of the Fiat 500e available as of today, all of which are the very basic Inspi(RED) trim. Due to fast-moving inventories, though, interested people must act quickly.
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Why is Fiat practically giving away the 500e?
This kind of aggressive lease deal is likely driven by the failure of Fiat to push units of its 500e at a starting price of $34,794. Currently, the electric hatchback faces fierce competition in the EV race. The likes of the Hyundai Ioniq 5 and Chevrolet Equinox EV make more sense of entry-level pricing with better performance and features.
In comparison to many rivals in this price segment, 149 miles in range and 117 horsepower is quite low on the New 500, thus making it difficult to persuade customers. Throw in the compact size and distinctive, cutesy styling, and the 500e tops out as a niche choice not for everyone.
These clear disadvantages render the automobile quite hard to sell at the manufacturer’s suggested retail price, but unfortunately, all that still cannot diminish inline car leasing’s awesome value. Spend less than $2,000 in total, for which you get to enjoy two years of driving a brand-new EV. This is perfect for second-car buyers or for short-term testing of EV ownership.
If you live in Colorado and are qualifying for it, then this deal shouldn’t even beat it. They are great savings even if you are not fond of the oddities of the 500e. So if you’ve toyed with the idea of switching to electricity, now might be a pretty good time to make the jump before those deals go away.
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