Honda Clarity enters hydrogen competition with $369 lease price

Ok, so we were wrong. When Honda said in January that the monthly lease price for the 2017 Clarity Fuel Cell sedan would be "under $500," we assumed that that meant, oh, maybe $499. After all, that's what the two other hydrogen vehicles available in the US, the Toyota Mirai and the Hyundai Tucson Fuel Cell, cost [ See below]. Given that the Mirai's $57,500 MSRP and the Clarity's then-expected $60k price tag, we figured the lease prices would pretty much match, too. Mea culpa.

Honda just announced that the Clarity will lease for just $369 a month for 36 months, with $2,499 due at signing. That price includes $15,000 of fuel over three years and 20,000 annual miles. As with other advanced technology vehicles, Honda is making traditional vehicles available for times when the hydrogen car's 366-mile range and weak refueling infrastructure isn't enough to get you where you want to go. The fuel cell vehicle will be available in California at some point yet in 2016, but only to people who, "live or work near Honda's network of 12 approved fuel cell vehicle dealerships located in select California markets." There are six such dealerships in Southern California, five in the Bay Area and one in Sacramento, Honda says.

UPDATE: Totally forgot that Toyota dropped Mirai pricing to $349 earlier this year. We've adjusted the headline.

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