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Want a new Nissan Leaf for $23,000? It's no longer California Dreamin'.

The 2011 Nissan Leaf is sold out. Long live the 2012 Nissan Leaf.

Last Thursday, we reported that the UK price of the Nissan Leaf will rise by 6.9 percent starting March 1st. That increase equates to an increase of £2,000 ($3,238 U.S. at the current exchange rate), driving the Leaf's MSRP way up to $50,310 before incentives. Initially, Nissan attributed the bulk of the Leaf's price hike to rising costs of raw materials, but there appears to be more to the story. The automaker now admits that depreciation of the pound is driving some of the Leaf's steep p

Beginning March 1st, the price of the Nissan Leaf in the UK will rise by 6.9 percent, which equates to an increase of £2,000 ($3,238 U.S. at the current exchange rate), driving the Leaf's sticker price up to approximately $50,310 before incentives. According to Nissan, the price increase is mainly due to rising costs of raw materials, which somehow impacts the Leaf's sticker price more than the automaker's other models.

The price wars for the Nissan Leaf are well underway, with one dealer committing to $500 off of the Leaf's MSRP, and another jumping in on the action by offering a $1,000 discount. Of course, this was all followed by yet another dealer claiming to beat both of those deals. Now, North Bay Nissan is ready to trump all of the existing offers out there by offering an astounding five percent off of the Leaf's MSRP.