InfoFork.com

We've all been waiting to hear what exactly Nissan has meant by "competitively priced" when describing the LEAF. Well, now we know. The all-electric sedan will have a sticker price of $32,780, slightly more than expected, but still pretty cheap for an EV.

At that price, the LEAF is a good $10,000 more expensive than gas-fueled sedan models like the Honda Civic, Toyota Camry and Nissan Altima, but cheaper than announced prices for EV models like the Mitsubishi i-MiEV, Coda Automotive's sedan and far below the nearly $60,000 Tesla Model S. Plug In America calls the price a "game changer" and I'd have to agree.

Not convinced? Here's more to consider. The price includes the installation of a home charging station, it will be available for lease for $349 a month (not too shabby when you compare it to the mortgage-sized lease payment for the Tesla Roadster) and once you apply federal tax credits, you're actually looking at a $25,280 car. If you live in a state like California that's offering an additional $5,000 rebate, that price drops to $20,280.

Now you're in the territory of a base model Toyota Prius. The cost of a hybrid, but it's all electric. I have a feeling there are people at GM right now recrunching the numbers for the Chevy Volt.

via Nissan and Earth2Tech