Published on April 3rd, 2014 | by Christopher DeMorro3
Brammo Lease Program Makes Electric Motorcycles Affordable
Electric motorcycle maker Brammo has announced a new lease program that could put you an Empulse or Empulse R for as little as $269 a month. For motorcycle enthusiasts intrigued by electric vehicles, but unwilling to commit to what is still ( in some peoples’ minds) unproven technology, this lease program minimizes the risk.
The Brammo lease program will be offered on the Empulse and Empulse R, which sticker for $16,995 and $18,995 respectively, for either 36 month or 48 month terms. If you’re satisfied with the performance of the Empulse, you’ll have to fork over a 13% down payment ($2,209), plus either $299 or $269 a month, depending on the term. The faster and farther-travelling Empulse R costs $2,469 up front, and either $325 a month or $299 a month, depending on the term.
For the Empulse, that works out to $12,973 over the lease term, and the Empulse R will cost you $14,169. So you’re really not saving that much money over just outright buying a Brammo, though that doesn’t include any local incentives for leasing an EV. Still, some people would rather not take a chance that their battery-powered vehicle won’t pan out, even though the Brammo batteries come with a 5-year warranty.
Any EV fence-sitters thinking about a Brammo all of the sudden?