Since the May 30th changes in the Fit EV’s pricing, when Honda lowered the monthly price from $389 to $259 and removed the down payment, removed the mileage limits on the lease, added collision insurance as part of the lease, and added a 240 volt home charging station as part of the lease, large numbers of customers have leased the Fit EV causing an immediate shortage and temporary sell out of the Fit EV.
Many potential lessees were frustrated as waiting lists were created and people searched out the few existing Fit EVs nationwide. Honda received a flurry of calls on the shortage.
All of this prompted a June 14 letter from Honda’s Vice President of Environmental Business Development Steve Center:
“We expected a strong positive consumer response to our recent announcement that the Fit EV monthly lease price had been reduced from $389 to $259 for new and existing customers alike. It turns out that a “strong” response was gross understatement. Customer interest spiked significantly and demand for the Fit EV has grown considerably. We’ve even heard rumors that the Fit EV may already be sold out.”
“As with any rumor, the truth is somewhat different. While many of our dealers have reported leasing their available inventory of Fit EV’s since our late May announcement of the lower lease price, we are still producing a consistent rate of Fit EVs per month for the U.S. market and shipping them to dealers as quickly as possible. This is a temporary inventory issue, not a question of being “sold out.””
Mr. Center recommends interested customers contact a local dealer and start the lease qualification process. If they qualify and a vehicle is not available, get the dealer to put your name on a wait list – the lists are “not as long as one would think.”
Summing things up, he went on to say “Bottom line: Honda is bringing more Fit EV’s to our U.S. dealers every month, and those future shipments are not sold out.“