Nissan has announced a revised pricing for its flagship electric crossover, the 2024 Nissan Ariya, which is now on sale with a starting price of $39,590. The new price represents a reduction of up to $6,000 across all trim levels, making the Ariya more accessible and competitive in the growing electric vehicle market.
The Ariya is Nissan’s first all-electric crossover, which debuted in 2020 as a concept car and was expected to launch in late 2021. However, due to the global chip shortage and other supply chain issues, the Ariya’s release was delayed until early 2024. Despite the setback, Nissan is confident that the Ariya will appeal to a wider audience of EV buyers with its attractive design, advanced technology, and spacious interior.
What Makes the Ariya Stand Out?
The Nissan Ariya offers two battery sizes, the option of front-wheel drive or Nissan’s advanced, dual-motor e-4ORCE all-wheel drive, and a streamlined lineup consisting of five well-equipped grades: Engage, Engage Plus, Engage Pro, Engage Pro Plus, and Engage Pro Platinum. The Ariya also delivers an EPA-estimated driving range of up to 304 miles and available ProPILOT Assist 2.0 for hands-off highway driving on select trims levels.
Models come equipped with either a 63-kWh standard range battery (exclusive to Ariya Engage) or an 87-kWh long range battery, with output ratings ranging from 214 to 389 horsepower. The available dual-motor e-4ORCE all-wheel drive system enhances driver confidence and stability, delivering a smoother, more comfortable ride. e-4ORCE continually optimizes front and rear torque allocation, and applies independent brake control at each of the four wheels to maximize the cornering force generated by each one. By precisely controlling vehicle momentum and handling, the e-4ORCE system also reduces vehicle pitch and dive.
The Ariya has received numerous accolades from critics and media. It was named to the Wards 10 Best Interiors & UX list for 2023 and was an “Editor’s Pick” in Newsweek magazine’s second annual Newsweek Auto Awards. Its available e-4ORCE technology was named to Wards 10 Best Engines & Propulsion Systems list for 2023, among others. The Nissan Ariya was also recently awarded the Insurance Institute for Highway Safety’s (IIHS) 2024 TOP SAFETY PICK designation.
What is the estimated cost of ownership for the Nissan Ariya?
The estimated cost of ownership for the Nissan Ariya can be calculated using various factors, including the initial purchase price, fuel (or electricity) costs, maintenance, and insurance. However, without specific numbers from the provided sources, I'll outline a general approach to estimating the cost of ownership based on typical expenses for electric vehicles (EVs) like the Nissan Ariya.
Initial Costs
- Purchase Price: The starting price of the 2024 Nissan Ariya is $39,590.
- Down Payment: Typically, a down payment of around 20% of the purchase price is common, which would be about $7,918.
- Loan Terms: Assuming a loan term of 60 months (5 years) with an interest rate of 2.5%, the monthly payment would be approximately $712, with a total loan cost of around $10,422.
Ongoing Costs
- Electricity Costs: Electric vehicles are often cheaper to operate than their gasoline counterparts, but electricity costs can vary widely depending on the local grid rate. Assuming an average rate of $0.15 per kWh, the cost to charge the Ariya's battery from 0% to 100% would be approximately $3,100, which is an annual cost.
- Maintenance: Maintenance costs for EVs can be lower than those for conventional vehicles, but this can vary. Let's estimate an annual maintenance cost of $1,000.
- Insurance: Insurance costs can vary widely, but for the sake of this estimate, let's assume an average of $1,500 per year.
Total Estimated Cost of Ownership
- Initial Costs: $7,918 (down payment) + $10,422 (loan) = $18,340
- Ongoing Costs: $3,100 (electricity) + $1,000 (maintenance) + $1,500 (insurance) = $5,600 per year
- Total: $18,340 (initial) + $5,600 (ongoing) per year = $23,940 per year
