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Sunday, April 20, 2025

At simply $9,140, is the Nissan LEAF the perfect deal in Chicago?


The 2025 Chicago Auto Present opened this week, and I’ve been struggling a bit with easy methods to method this story in regards to the decline and fall of what was as soon as the American auto trade’s premier industrial automobile present – however one factor was completely clear: the Nissan LEAF is the perfect new automotive deal in Chicago. ***

Like every wild deal like this, there are asterisks and caveats. And (I promise) I’ll completely get to these. That mentioned, I’ve some musings in regards to the state of the Chicago Auto Present that I’ve shared, under, to kind of “set the stage,” if you’ll. If you wish to skip these, you may can click on right here to skip forward to my math on the 2024/25 Nissan LEAF, or just click on right here to discover a Nissan LEAF deal close to you.

2025 Chicago Auto Present Map

By way of Chicago Auto Present.

When you’ve got fond recollections of the Chicago Auto Present from years previous – and never even that a few years previous; like, pre-COVID years previous – skip the 2025 present.

As soon as upon a time, the Chicago Auto Present occupied each principal halls, with one other corridor housing industrial vehicles and distributors, and drive activations outdoors and within the parking zone. Since that heyday, the present has shrunk considerably. It’s all the way down to a single corridor now. Depressingly, the present can’t even fill that with OEM shows, and has labored a lot of distributors, drive occasions of each the EV and ICE-powered varieties, and even army recruiters into enormous swaths of flooring area. Regardless of the compacted nature of the shows, the present flooring isn’t packed. It is possible for you to to sit down in any automotive you need, for so long as you need, with minimal probability of interruption.

I used to be fortunate sufficient to have the ability to stroll the present with my good buddy and trade legend, Greg Lucia. Greg is finest identified for an iconic, gonzo PR stunt he pulled off whereas he was working at Toyota that concerned the Area Shuttle Endeavour being towed to its closing vacation spot on the California Science Middle in Los Angeles throughout the 405 freeway by a then-new Tundra.

Oddly sufficient, we each honed in on a selected 12 months, 1997, as one which stood out.

“I had a part-time job at Sears whereas I used to be in school,” I advised Greg. “I used to be making $9/hr. plus both 1% or 3% of every little thing I rang up. It labored out to a reasonably regular $12/hr., and that cash was adequate that there have been a bunch of automobiles I may have moderately purchased. I ended up with a ’98 Dodge Dakota pickup. Guide. My cost was $218/mo.”

“These have been neat vehicles,” he mentioned. Including, after a considerate minute, “I don’t assume you could possibly do this, in the present day.”

Greg is clearly appropriate. Auto Exhibits have turned a nook. As a substitute of being someplace that any able-bodied particular person may go and, with an inexpensive quantity of effort and willingness to place within the hours, select a enjoyable, reliable automobile. In such an financial local weather, it’s no marvel that the automotive you drove mentioned one thing about you above and past what you could possibly afford. As we speak, the closest factor to that mid-sized Dakota might be the present Ford Ranger. The mid-sized Ford begins at $32,820 … however the common part-time mall job doesn’t pay any greater than I made again in ’97. If something, it pays much less.

I puzzled what potential worth a standard auto present may supply a school child in 2025, when one thing like a base Ford Mustang that began at about $15,800 in 1997 has greater than doubled to $31,920 and the price of school has risen even increased, over 140% in the identical interim, whereas wages have largely stayed the identical.

Deeply entrenched on this gloomy temper, I plodded alongside between the comparatively subdued Nissan and Volkswagen cubicles in direction of the ComEd presser (see the present map, above), that was already below method.

ComEd $100M industrial EV rebate program

ComEd press convention asserting $100M in EV funding; photograph by the creator.

ComEd selected the Chicago Auto Present to put out the 2025 model of their helpful electrification rebate applications that can supply clients entry to $100 million (up from $90M final 12 months) in funding alternatives designed to take away up-front value as a barrier to widespread adoption of EVs and the growth of charging infrastructure in northern Illinois. $53 million of that finances is earmarked particularly enterprise and public sector clients, with as much as $7500 obtainable for every light-duty (Class 1 or 2) EV bought by a ComEd industrial buyer.

That was when it hit me: this is why native occasions just like the Chicago Auto Present exist — to spotlight offers which are distinctive to the world, that shops like Motor Development and Automotive and Driver and even Electrek (if we’re being sincere) may overlook on account of elements like geography, worldwide audiences, or another normal lack of curiosity.

Permit me then, to elucidate how a parks district, or a police division, or a automotive sharing fleet, or a supply fleet, or another firm, incorporation, or LLC in northern Illinois can rating a completely killer deal on a Nissan LEAF.

Structuring that $9,140 Nissan LEAF deal

2025 Nissan LEAF lease
2025 Nissan LEAF; through Nissan.

For 2025, Nissan’s groundbreaking LEAF S begins at simply $28,140 earlier than incentives. That’s already greater than twenty thousand US American {dollars} much less than the $49,740 common transaction value of a brand new automobile recorded simply final month. $28,140, you’ll discover, is much more than $9,140. Right here’s how we get there:

For that $9,140 you get a easy, succesful EV with 149 miles of vary* whose solely actual shortcomings are its comparatively gradual charging pace* in comparison with one thing like a Hyundai IONIQ 5, after all, the CHAdeMO charging normal* that each different model has deserted and for which treasured few public charging choices exist.

And, admittedly, these are three very actual, very scary asterisks.

For a enterprise, although? For a parks district or metropolis official or lab courier or automotive share service that has some devoted parking area to place their very own charging into? That’s not as a lot of an impediment because it could be to you and me. Heck, a younger, formidable school pupil who realizes they’ll match a number of robotic lawnmowers below the LEAF’s spacious 23.6 cubic foot (668 liters) hatch may simply discover the cash wanted to start out an LLC in Illinois and discover any variety of enjoyable, expressive, sensible information automotive they can really repay with a part-time hustle on the 2025 Chicago Auto Present in spite of everything!

That’s my take, anyway — you will get tickets to the 2025 Chicago Auto Present right here, discover ComEd’s enterprise and public sector EV rebate program right here, then let me know what you consider all these musings (and whether or not or not you assume I may get a number of Automowers into the again of a Fiat 500e) within the feedback.

SOURCES | IMAGES: ComEd, Nissan, the twisted thoughts of Greg Lucia.

FTC: We use revenue incomes auto affiliate hyperlinks. Extra.

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