Nissan LEAF Handily Steals KBB 5-Year Cost to Own Award

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【Summary】The Nissan LEAF is the world's best-selling electric car. Recently redesigned for 2018, the brand-new model is already winning accolades, like the Kelley Blue Book 5-Year Cost to Own Award.

Original Mia Bevacqua    Feb 18, 2018 8:30 AM PT
Nissan LEAF Handily Steals KBB 5-Year Cost to Own Award

Think of the money wasted maintaining a gasoline-powered car. Fuel, fluids (oil, coolant, transmission, etc.), belts, hoses – the list goes on and on. And not only do you waste money, but also time sitting around the repair shop. Low cost of ownership is just one of the ways EVs outdo their petrol-burning counterparts. For 2018, the Nissan LEAF proves the thriftiest EV of all, snagging Kelley Blue Book's 5-Year Cost to Own Award in the electric category.

Nissan introduces all-new LEAF

The 2018 Nissan LEAF went on sale in January as a completely redesigned model. An increased driving range and upgraded technology help define the second-generation car. Features like ProPilot Assist and the e-Pedal lend to the its efficiency. These advancements fall under Nissan's new Intelligent Mobility strategy.

"Nissan Intelligent Mobility is about applying the latest technology to set a new benchmark for exciting and safe driving and the all-new Nissan LEAF delivers on that in every way," said Brian Maragno, director, Nissan EV marketing and sales strategy. "In addition to the exhilarating drive, EVs are inherently less expensive to operate than gas-powered cars and the 2018 Nissan LEAF provides more range, content and technology at a lower MSRP than the previous generation, offering customers more value at a lower price."

Taking home the 5-Year Cost to Own Award

The fact that the LEAF won the Kelley Blue Book 5-Year Cost to Own Award, bodes well for the "Intelligent Mobility" tactic. Competition for the KBB prize is fierce, pitting all new EVS against one another. There's also a long list of criteria taken into account. Factors include expected depreciation, fuel costs, finance and insurance fees, maintenance and repair costs, and state fees.

Of course, these are "projected" figures, given the LEAF has been on sale less than a month. In other words – your results may vary. However, the LEAF is the best-selling electric car in the word. And 300,000-plus buyers and KBB can't be completely wrong.

If you want to test KBB's theory, you can pick up a LEAF of your own for under $30,000. 

Sources: Clean Technica and Electric Cars Report 

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