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The Nissan Leaf (first generation) is a compact car that was manufactured by Japanese automaker Nissan Motor Company from 2010 to 2017. A battery electric vehicle , its name, stylised as LEAF , serves as a backronym to " l eading e nvironmentally-friendly a ffordable f amily car."
Rebates, employee pricing, and 0% financing boosted sales but drained the automaker's cash reserves. The subprime mortgage crisis and high oil prices of 2008 caused the popularity of once best-selling trucks and SUVs to plummet. Automakers were forced to continue offering heavy incentives to help clear excess inventory. [90]
Both the Nissan Leaf electric vehicle and the Chevrolet Volt plug-in hybrid, launched in December 2010, are eligible for the maximum $7,500 tax credit. The Toyota Prius Plug-in Hybrid, released in January 2012, is eligible for a $2,500 tax credit due to its smaller battery capacity of 5.2 kWh.
The first generation Nissan Leaf was in production from 2010 to 2017. It was unveiled on 1 August 2009 [3] as the world's first series produced battery electric vehicle. [4] Before it officially commenced production, Nissan developed three prototype battery electric vehicles—dubbed the EV-01, EV-02 and EV-11.
The Nissan 720 is not ideally suited for life at the faster pace of the 21st Century. The 2.4-liter twin-spark inline-four wheezes to keep up with even the most underdeveloped economy car of today.
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The financial mathematics behind the 0% finance scheme is somewhat complex, as the calculation differs with respect to the type of product and the country. [1] These deals are offered by finance companies or banks in conjunction with a manufacturer or dealer network. The schemes offer "zero percent" finance, where a customer pays for the ...
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