The Associated Press has a very detailed article on these two cars:

http://autos.yahoo.com/articles/autos_content_landing_pages/1485/gm-nissan-compete-for-best-deal-on-electric-car/

The Nissan Leaf is a fully electric car with 100 mile per charge range. The base model will cost ,280 when accounting for the federal tax break (some states have additional tax breaks), and Nissan offers a 9/month lease with ,995 down. It comes with an eight-year,100,000-mile battery warranty. The car goes on sale in select markets in December.

The Chevy Volt is a plug-in hybrid which gets 40 miles on purely electric power, then switches into hybrid mode to extend the range much further if necessary. The Volt will sell for ,500 when including the federal tax break, but they’re offering a similar lease to the Leaf at 0/month with ,500 down. The Volt also has an 8 year, 100,000 mile battery warranty and goes on sale in select markets in November. Both will be available nationwide about a year later.

Which of these cars would you choose to lease or buy?

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