Score a sporty new Fiat 500e at more than 30% off MSRP
It’s no Ferrari, but owning a sporty little Fiat 500e is about as close to putting a cavallino rampante in the garage as most of us will ever get. And if we act soon, we could do just that for 30% less money than before.
Fiat parent company Stellantis is giving dealers the ability to offer buyers up to $3,000 in coupons and incentives to help move its slow-selling 2024 FIAT 500e coupes. When paired with a $7,500 factory lease credit through Stellantis Financial, those coupons lead CarsDirect analysts to call the 500e one of the most affordable new EVs on the market.
The math maths
Between coupons and Stellantis Financial cash, that’s $10,500 in potential discounts before negotiations even begin. With a base MSRP of $34,095 with destination for a 2024 500e, that’s a JC Penney-style 31% off, with an additional 2% (presumably) within easy reach.
According to CarsDirect, the biggest downside of the coupon program is that it’s still unadvertised, which means there’s no way of telling how much of the allowable discount dealers are actually including in prices. But (as GI Joe taught us) knowing is half the battle, so click here to find deals on a new Fiat 500e near you, and make “are you applying those $3,000 in Stellantis coupons” one of your first questions.
Electrek’s Take
Small cars have never sold well in America. Not even great ones like the OG Honda CRX or Suzuki Swift GTi. Americans tend to buy for low use case scenarios, which is a fancy way of saying that, if an American thinks they’ll need a pickup 2-3 days/year, they’ll convince themselves to drive a pickup for the other 362 days. The British want more taxes than Americans wanted to pay in 1775, and today we have more gun shops than McDonald’s … just in case.
The little Fiat, in other words, was never going to be a volume player in the US. And that’s too bad, because the little 117 hp microcar is, by all accounts, fun to drive, zippy, and unquestionably cool. The media at large, though, has complained about the 37 kWh battery and 149 miles of EPA range – calling both “inadequate,” despite the fact that the first-generation Nissan LEAF had objectively inferior specs and sold 200,000 examples before getting its first significant upgrade in 2016. And, frankly, that Nissan had about as much style as a hospital gown.
So, while it may not offer what most car buyers think they need – as a second car, or a fun, urban runabout for lighthearted singles, the little Fiat is tough to beat (especially in red).
Click here to see what it will cost to put one in your garage.
SOURCE | IMAGES: Stellantis, via CarsDirect.
FTC: We use income earning auto affiliate links. More.
This week on Electrek’s Wheel-E podcast, we discuss the most popular news stories from the world of electric bikes and other nontraditional electric vehicles. This time, that includes a visit to electric moped maker NIU’s factory, Tern’s new GSD e-bike, Rad Power Bikes getting a new CEO, a Segway scooter recall, X Games kicking out electric motorcycles, and more.
The Wheel-E podcast returns every two weeks on Electrek’s YouTube channel, Facebook, Linkedin, and Twitter.
As a reminder, we’ll have an accompanying post, like this one, on the site with an embedded link to the live stream. Head to the YouTube channel to get your questions and comments in.
After the show ends, the video will be archived on YouTube and the audio on all your favorite podcast apps:
Apple Podcasts
We also have a Patreon if you want to help us to avoid more ads and invest more in our content. We have some awesome gifts for our Patreons and more coming.
Here are a few of the articles that we will discuss during the Wheel-E podcast today:
Here’s the live stream for today’s episode starting at 8:00 a.m. ET (or the video after 9:00 a.m. ET):
FTC: We use income earning auto affiliate links. More.
The Trump Administration just slapped huge tariffs on imported cars, causing many car buyers to accelerate their purchase plans and snap up a new car now, rather than wait. If that’s you, and you’re one of the thousands looking to distance yourself from Tesla, the time is now to check out this $20,000 Tesla conquest deal from Polestar.
It might seem hard to believe now, but once upon a time there were a bunch of otherwise sane, intelligent people who believed that there was “infinite demand” for Tesla’s cars. That’s not true anymore – it’s an objective fact that the two million reservations for Tesla Cybertruck haven’t turned into sales, and the rest of the brand’s cars are losing value three times faster than the rest of the new car market, making them tough to sell or trade in.
That’s where incentives come in – and, while a number of car brands are offering several thousands of dollars to EV buyers looking to make the switch, this $20,000 Tesla conquest deal from Polestar might be the one that’s most aggressively targeting Tesla buyers.
From the Polestar website:
Calling all Tesla owners. Enjoy up to $20,000 towards the lease of a new Polestar 3 when you combine the $5,000 Polestar Conquest Bonus and the $15,000 Polestar Clean Vehicle Incentive.
Polestar 3 is the SUV that drives like a sports car. Featuring range up to 350 miles, 517 hp, 0-60 mph in 4.5 seconds, and built-in technologies like Google Assistant and Apple CarPlay.
Polestar hasn’t been shy about what it views as an “opportunity” to snatch up car buyers who want to distance themselves from Musk. The company’s CEO, German auto industry stalwart Michael Lohscheller, told Bloomberg, “For Germany, somebody outside of Germany endorsing right-wing political parties is a big thing. You want to know what I think about it? I think it’s totally unacceptable. Totally unacceptable. You just don’t do that. This is pure arrogance, and these things will not work.”
He’s hoping enough people agree to move the needle on Polestar sales in the US – and the first step to that is for consumers to get behind the wheel of this “masterfully tuned and sneaky-fast SUV,” and see if it’s a fit for them.
Electrek’s Take
I spent half the day in a local Volvo dealership I’ve had a great relationship with for years. I know those guys well. They typically average about 2-3 units per day.
Yesterday? I arrived around 1:30PM with a sack of spicy chicken sandwiches (if you want good customer service, be a good customer), and they’d already moved a half dozen units by the time I got there. They were looking at another dozen fresh leads from panicked city-dwellers looking to come in and make a deal over the weekend.
It’s about to get weird out there, kids. You could do far worse than trying to navigate said weirdness in a new Polestar.
SOURCE | IMAGES: Polestar.
FTC: We use income earning auto affiliate links. More.
Environment
Activist investor Elliott takes short position in Shell after building a stake in rival BP
-
Sports2 years ago‘Storybook stuff’: Inside the night Bryce Harper sent the Phillies to the World Series
-
Sports12 months agoStory injured on diving stop, exits Red Sox game
-
Sports1 year agoGame 1 of WS least-watched in recorded history
-
Sports2 years agoMLB Rank 2023: Ranking baseball’s top 100 players
-
Sports4 years ago
Team Europe easily wins 4th straight Laver Cup
-
Environment2 years agoJapan and South Korea have a lot at stake in a free and open South China Sea
-
Environment2 years agoGame-changing Lectric XPedition launched as affordable electric cargo bike
-
Business2 years agoBank of England’s extraordinary response to government policy is almost unthinkable | Ed Conway