The Nissan Leaf and the Chevy Volt are both going to debut at around the same time on the sales floor. So which one should you choose (if you can find one available)?

Lets start out by pointing out the differences. The Leaf is an entirely electric car with a stated range of 100 miles while the Volt is a plugin hybrid that has a range of 40 miles on battery power and then it can turn on a gas engine to power it for another 300 miles. The Leaf costs about $10 thousand less than the Volt. They both qualify for the $7,500 federal rebate, but the Leaf also qualifies for a $2,500 rebate in California (bringing total price close to $20 thousand) – the Volt does not.

Both can be leased for the same amount, $350 per month. The Volt requires an extra $500 down ($2500 compared to $2000) to get that lease payment and GM is subsidizing the rest.

So which one should you buy? It depends (doesn’t it always?). As an owner of the Leaf you would still need another car to drive for those trips where you travel further than 100 miles. The Leaf would essentially be a commuter car (assuming your round trip commute is less than 100 miles). The Chevy Volt is a car you can use to replace your current car. After those 40 miles are up you are just using gas that you can get at any gas station around.

I suppose it comes down to finances, can you afford to spend $20 thousand on an extra car when another 10 would allow you to replace your car entirely.