One of the biggest hurdles for the proliferation of electric cars has been their high relative cost. While that is to be expected with any new technology, electric cars have received a lot of flak for being just too pricey for the market.

That’s starting to change, however, especially now that Chevrolet has priced its new 2014 Spark EV from a very reasonable $27,495, which equates to just $19,995 when the full federal tax credit is included.

Such a price makes the Spark EV a genuine runner for buyers looking for a cheap and economical car for their commute, as long as that commute isn’t more than 82 miles.

Of course, you don’t have to buy a Spark EV outright. Chevy is offering leases from as low as  $199 per month for 36 months, with $999 due at lease signing including security deposit (tax, title, license dealer fees extra).

All Spark EV’s feature a 21 kWh lithium-ion battery pack that includes an eight-year or 100,000-mile warranty (whichever comes first), and they also come with useful features such as MyLink infotainment, a seven-inch touch screen with third-party apps integration as well as Siri Eyes Free, Pandora and BringGo navigation.

The Spark EV will go on sale initially in California and Oregon. It will also be sold in Korea, where all Sparks are built.

For our complete coverage on the car, click here.


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