Coda Sedan gets price cut

Back in September of 2010, Coda Automotive said the Coda electric Sedan would start at $44,900 US dollars. In 2010, CEO Kevin Czinger said “…there will be strong demand for what we think is the first real usable all-electric car that meets most peoples’ day-to-day driving needs.” Perhaps – if they had beat the Nissan Leaf to market. But at the original price, the Coda Electric Sedan would have been more than $8000 more than the Nissan Leaf.

Coda Automotive has since lowered the price on the Coda Electric Sedan to a more competitive $38,125 – this price includes an $895 destination charge and does not include any federal tax incentives or credits. After a $7500 federal tax credit, the Coda Electric Sedan would be just over $30,000.

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