What are the best electric car lease deals right now

The electric vehicle market offers compelling lease opportunities across various segments, from the efficiency-focused Hyundai Ioniq 6 to the luxurious Audi e-tron GT. Leading deals feature the family-friendly Kia EV9, the tech-savvy Tesla Model Y, the adventure-ready Rivian R1S, and the sporty Ford Mustang Mach-E. The selection includes the bold Chevrolet Blazer EV, premium BMW X5 xDrive50e, sophisticated Mazda CX-70 Plug-In Hybrid, and the budget-friendly Nissan LEAF. Explore our detailed analysis below to compare each model’s range capabilities, feature sets, and lease terms, helping you identify the perfect electric vehicle lease for your lifestyle and budget.

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The Top Electrifying Lease Deals on the Market

1 Hyundai Ioniq 6

The Hyundai Ioniq 6 lease deal is a showstopper regarding value and efficiency. With a streamlined, aerodynamic body, it outpaces its sibling, the Ioniq 5, by nearly 60 miles in range. Under the hood, you’ll find a powerhouse offering 225 horsepower backed by a substantial 77.4-kWh battery, making it sprightly and reliable.

Hyundai Ioniq 6 lease deal: $2500- $5000 down payment. $450 – $515/month estimated.

Top 5 Features:

  • Aerodynamically optimized body with a 0.22 drag coefficient
  • Impressive 361-mile range for RWD variants
  • Single-motor configuration
  • Generous space for passengers and storage
  • Bi-directional charging capability

Benefits:

  • Increased range reduces frequent charging needs
  • High horsepower provides a spirited driving experience
  • A capacious interior ensures comfortable traveling
  • Cutting-edge charging tech for versatile energy use
  • The sleek exterior makes for an eye-catching ride

Cons:

  • Limited range of the base SE Standard Range model
  • Available deals may be subject to end dates and specific conditions

Best For: Consumers seeking a stylish, efficient, and tech-forward electric sedan without breaking the bank. The Ioniq 6 is ideal for daily commuters and tech enthusiasts.

2 Kia EV9

The Kia EV9 lease deals provide a combination of spaciousness, capability, and modernity. This sizeable electric SUV accommodates the entire family with a practical three-row seating configuration and offers an estimated range of 270 miles per charge.

Kia EV9 Lese deal: Approx $5000 down payment. $700-$960/month estimated.

Top 5 Features:

  • Three-row seating configuration for family-focused practicality
  • Estimated 270 miles of range per charge
  • Tech-rich interior with dual 12.3-inch displays
  • Robust driver-assistance features for enhanced safety
  • Fast-charging capability with 10-90% under 37 minutes

Benefits:

  • Ample space accommodates larger families or more cargo
  • Long-range capability for extensive travel without range anxiety
  • Advanced infotainment system for an engaging driving experience
  • The comprehensive suite of safety systems provides peace of mind
  • Quick charge times keep you on the move with minimal delay

Cons:

  • A bulkier size might not be ideal for tight urban environments
  • Can be pricier than smaller electric options

Best for: SUV lovers and growing families who desire an environmentally friendly vehicle with all the modern conveniences and safety needs for a reassuring, comfortable, and connected journey.

3 Tesla Model Y

Tesla Model Y

The Tesla Model Y lease makes it a top choice for EV enthusiasts, combining performance, cutting-edge technology, and environmental friendliness. With full self-driving capability and regular software updates, this electric SUV stands out with its edgy design and dynamic driving experience. It offers up to 291 miles of estimated range on a single charge, a spacious interior with optional third-row seating, and a minimalist yet futuristic cabin design.

Tesla Model Y Lease deal: $2999-$3993 downpayment. $299-$410/month estimated.

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Top 5 Features:

  • Full Self-Driving capability with frequent software updates
  • Up to 291 miles of estimated range on a single charge
  • Spacious interior with optional third-row seating
  • Minimalist yet futuristic cabin design
  • Access to Tesla’s extensive Supercharger network

Benefits:

  • Self-driving tech offers a glimpse into the future of motoring
  • Long-range ensures extensive travel without frequent stops
  • Versatility to fit more passengers or cargo
  • Unique interior styling that provides a serene driving environment
  • Supercharger access for quick and convenient charging on the go

Cons:

  • Premium pricing, even with lease deals
  • Full Self-Driving feature requires a significant additional investment

Best For: Tech enthusiasts and status-seekers who appreciate a luxurious, high-performance, all-electric SUV at the frontier of automotive innovation.

4 Ford Mustang Mach-E

The Ford Mustang Mach-E lease offers a compelling choice for enthusiasts seeking a blend of iconic design and electric innovation. With the DNA of the Mustang lineage, this electric SUV combines evocative style with zero emissions.

Ford Mustang Mach-E Lease deal: $5000 downpayment. $450-$750/month estimated.

Top 5 Features:

  • Iconic Mustang-inspired design with modern electric performance
  • Range of up to 265 miles on a single charge
  • Ford Co-Pilot360™ 2.0 – Advanced driver-assist technologies
  • Next-generation SYNC® 4A with a 15.5-inch touchscreen
  • BlueCruise hands-free highway driving technology

Benefits:

  • Muscle car aesthetic with environmental considerations
  • Sufficient range to quell any range anxiety concerns
  • Enhanced safety with comprehensive driver-assist features
  • Cutting-edge infotainment offering a highly connected experience
  • Semi-autonomous driving features for added convenience

Cons:

  • Higher initial cost compared to some rivals
  • Eligibility for specific incentives may vary based on location and trim

Best For: Drivers who yearn for a muscular stance with an electric twist, prioritizing both style and substance in a vehicle equipped for the modern world, the Mustang Mach-E is especially suited for them.

5 Rivian R1S (Gen 2)

The Rivian R1S Gen 2 lease deal is a dream for adventurous spirits, combining eco-friendliness with impressive off-road capability and premium features, making it a strong contender in the upscale electric SUV market. With notable ground clearance and a robust all-wheel-drive system, it effortlessly tackles any terrain.

Rivian R1S (Gen 2) Lease deal: $7000 downpayment. $696/month estimated.

Top 5 Features:

  • Up to 270-410 miles of range with the dual-motor setup
  • Impressive off-road capability and adjustable air suspension
  • Spacious interior with seating for up to seven passengers
  • Luxurious finish and high-tech features within the cabin
  • Rivian’s intuitive infotainment system with over-the-air updates

Benefits:

  • Long-range allows for extended adventures without recharging
  • Off-road prowess makes it ideal for explorers and outdoor enthusiasts
  • A high-end interior ensures comfort even during rugged trips
  • Versatile space configuration to suit various passenger and cargo needs
  • Offers state-of-the-art connectivity and tech comforts

Cons:

  • Higher monthly lease rates compared to other EVs
  • Larger sizes may not be as nimble in urban settings

Best For: Adventurous souls who desire luxury, environmental consciousness, and the capability to conquer untamed trails. The R1S Gen 2 is perfect for families or individuals with a passion for explorative travel in comfort.

6 Chevrolet Blazer EV

The Chevrolet Blazer EV lease deal appeals to those seeking a blend of familiarity and innovation. Chevy’s electric transformation of the Blazer nameplate delivers an SUV that balances daily usability with electric versatility, offering a full Chevy experience alongside a fresh electric powertrain.

Chevrolet Blazer EV Lease deal: $2500-5000 downpayment. $350-$500/month estimated.

Top 5 Features:

  • Estimated 279 miles of range
  • Chevrolet’s latest infotainment and connectivity features
  • Multiple electric motor configurations, including AWD options
  • Regenerative braking system for extended range and efficiency
  • Striking design that maintains the Blazer’s bold aesthetic

Benefits:

  • Extended range eliminates frequent charge worries for daily commutes or road trips
  • Access to modern tech ensures a connected and entertaining drive
  • Versatility in powertrain choices to cater to performance or efficiency needs
  • Regenerative braking enhances sustainability and driving dynamics
  • A signature style statement that defies the typical electric vehicle stereotype

Cons:

  • Initial availability may be limited, leading to potential wait times
  • Could command a premium price segment compared to budget electric options

Best For: Loyal Chevy fans and new adopters alike, looking for a distinguished, spirited electric ride that doesn’t compromise on style or substance, particularly suiting the needs of style-conscious families or individuals.

7 Audi e-tron GT Sedan

The Audi e-tron GT Sedan lease deal offers a captivating blend of German engineering and electric power, delivering thrilling performance in an electrified package. With a low, wide stance that exudes a sports car feel, it also showcases the luxury and refinement expected from Audi.

Audi e-tron GT Sedan

Audi e-tron GT Sedan Lease deal: $5000 downpayment. $800-$1200/month estimated.

Top 5 Features:

  • All-electric sports car performance with a 0-60 mph time in just 2.9 seconds
  • Up to 238 miles of EPA-estimated range on a full charge
  • Premium interior with leather-free options and recycled materials
  • Audi’s Quattro all-wheel-drive system for superior handling and stability
  • Fast-charging capability at public DC fast chargers

Benefits:

  • Exhilarating acceleration provides a sports car-like experience
  • Adequate mileage range for daily driving and spirited weekend getaways
  • Luxurious and eco-friendly interior materials for a sustainable yet opulent cabin
  • Quattro technology ensures confident driving in various conditions
  • Quick charging minimizes downtime and maximizes driving time

Cons:

  • More expensive than some other EV lease options
  • Range may not be suitable for long-distance travel without planning for charging stops

Best For: Performance enthusiasts with an eye for sustainability, who desire a head-turning electric sedan that doesn’t sacrifice the enjoyment factor. Ideal for professionals who want to make a statement and indulge in the finer aspects of motoring.

8 BMW X5 xDrive50e

Experience the perfect blend of luxury and electric efficiency with the BMW X5 xDrive50e lease deals. This plug-in hybrid version of BMW’s popular X5 series strikes an ideal balance between traditional combustion and fully electric vehicles, allowing a smooth transition into the EV world without range anxiety.

BMW X5 xDrive50e Lease deal: $5000 downpayment. $1000-$1200/month estimated.

Top 5 Features:

  • Plug-in hybrid powertrain with a turbocharged engine and electric motor
  • Range of 470 miles in hybrid mode
  • Luxurious interior with ample features and top-notch materials
  • BMW’s xDrive all-wheel-drive system for enhanced driving dynamics
  • E-drive technology with modes for fully electric or hybrid operation

Benefits:

  • Ability to drive on pure electricity for short commutes and errands
  • No compromise on the range for longer trips thanks to the hybrid powertrain
  • Premium comfort and tech luxury that BMW is renowned for
  • Superior handling regardless of weather conditions or road surface
  • Flexibility in how you drive, either eco-friendly or with traditional Sports driving dynamics

Cons:

  • The pure electric range is less than all-electric models
  • Lease pricing can be on the higher side due to the vehicle’s luxury status

Best For: Drivers looking for a versatile and luxurious SUV experience with a taste of electrification. The BMW X5 xDrive50e is ideal for those who frequent both short city trips and longer journeys, not want to depend solely on charging infrastructure.

9 Mazda CX-70 Plug-In Hybrid

The Mazda CX-70 Plug-In Hybrid lease deal stands out for its charming design and efficient, lively powertrain. This two-row SUV embodies Mazda’s commitment to upscale refinement, focusing on overall value through performance and aesthetic appeal rather than just lease savings.

Mazda CX-70 Plug-In Hybrid Lease deal: $5000 downpayment. $375-$500/month estimated.

Top 5 Features:

  • Efficient plug-in-hybrid system for a balanced drive
  • Highway range: 560 miles
  • Premium trim level as standard offering upscale comforts
  • Quick acceleration for zippy city runs and confident highway overtaking
  • High-quality interior materials synonymous with Mazda’s design ethos
  • Intelligent safety features included in the base package

Benefits:

  • Enjoy lower fuel costs and reduced emissions with the hybrid system
  • The luxury feel of the interior and features elevate the driving experience
  • Strong performance ensures that driving pleasure is not compromised
  • Mazda’s commitment to craftsmanship is evident throughout the cabin
  • Advanced safety technology provides peace of mind on the road

Cons:

  • The price savings over a three-row CX-90 may be minimal
  • Fuel efficiency may not be as high as other plug-in hybrids in the segment

Best For: Motorists who appreciate a blend of style, luxury, and eco-consciousness in a more compact form factor. The CX-70 Plug-In Hybrid is well-tailored for those looking for an upscale SUV with an electrified edge and athletic demeanor.

10 Nissan LEAF Deal

The Nissan LEAF lease deal makes headlines with its unbeatable offer, positioning itself as a top choice for budget-conscious EV seekers. Its affordability is further enhanced in regions like Colorado, where additional incentives significantly lower monthly payments. The LEAF delivers a practical solution for daily electric driving, offering dependable range and comfort.

Nissan LEAF Deal

Nissan LEAF Lease deal: $2500 downpayment. $290-$380/month estimated.

Top 5 Features:

  • 215 miles of all-electric range, suitable for most daily needs
  • Spacious cabin for passengers and cargo
  • Nissan’s ProPILOT Assist driver assistance technologies
  • Quick charging capabilities to get back on the road swiftly
  • Zero tailpipe emissions for a cleaner environmental footprint

Benefits:

  • Perfect for urban commuters looking to lower their carbon footprint
  • Amenity-rich interior ensures a cozy and enjoyable ride
  • Advanced safety features offer additional confidence behind the wheel
  • Fast charging reduces downtime during longer trips
  • Extremely competitive lease pricing makes EV ownership more accessible

Cons:

  • Range may not be sufficient for long-distance travelers
  • The impending arrival of a new model could make the current LEAF quickly outdated

Best For: Value-oriented customers who prioritize practicality, affordability, and the benefits of electric driving. The LEAF is particularly suited for city dwellers and shorter commutes, as well as those who want to experience EV driving without a hefty price tag.

What are the advantages of leasing an electric vehicle (EV)?

Advantages of Leasing an Electric Vehicle

The advantages of leasing an electric vehicle include:

  • Affordable Monthly Payments: You pay only for the vehicle’s depreciation, making it easier to afford a nicer model.
  • Access to Latest Technology: Leasing allows you to drive a car with the newest features and software updates, keeping you up-to-date with advancements.
  • Flexibility: You can easily switch to a newer model every few years without the hassle of reselling a used vehicle.
  • Environmental Benefits: Leasing an EV contributes to a greener environment due to lower emissions.
  • Carpool Lane Access: Many areas offer free access to carpool lanes for electric vehicles, providing additional benefits.
  • Sustainable Lifestyle: Leasing an EV can be a step towards adopting a more sustainable lifestyle while enjoying modern motoring advantages.

What Are Some Tips for Finding the Perfect Electric Car Lease Deal?

Some tips for finding the perfect electric car lease deal include evaluating your daily commute requirements, examining lease agreement details, calculating long-term value projections, exploring multiple dealership options, investigating available incentive programs, and choosing optimal timing for lease signing. Check out our comprehensive list below for a detailed breakdown of strategies to secure your ideal electric vehicle lease arrangement.

Tips for Finding the Perfect Electric Car Lease Lease Deal
  • Determine Your Driving Needs: Consider your daily mileage, the necessity for all-wheel drive, and the importance of a long electric range.
  • Review the Fine Print: Look for hidden fees and understand the lease terms, including mileage limits and potential overage charges.
  • Understand Residual Value: Familiarize yourself with the car’s estimated worth at the end of the lease, as it affects your monthly payments.
  • Shop Around: Compare deals from various dealerships, as local dealerships may offer better rates than national advertisements.
  • Consider Tax Credits and Rebates: Look for available state or federal tax credits and rebates to help lower your overall costs.
  • Time Your Lease: The best times to lease are often at the end of the month or during year-end sales when dealers are motivated to meet quotas.
  • Be Patient: Take your time to find the right deal; with the right timing and diligence, you can secure favorable lease terms for your electric car.

How Does the Federal EV Tax Credit Affect My Lease Deal?

Federal EV Tax Credit affects lease deals through a unique financial arrangement where leasing companies retain and apply the credit as vehicle owners, then typically pass these incentives to lessees through reduced monthly payments. This credit-to-savings conversion process involves understanding lessor benefits, payment structures, and incentive distributions within lease agreements. Explore our comprehensive guide below to discover how these federal incentives can enhance your electric vehicle leasing experience.

Is it cheaper to lease an EV?

Yes – leasing an EV delivers cost savings through advantageous monthly payments, reduced fuel expenses, and lower maintenance requirements compared to traditional vehicle leases. The financial benefits stem from available incentives, operational efficiencies, and evolving lease structures in the electric vehicle market. Explore our comprehensive cost analysis below to understand how EV leasing can provide better value for your transportation budget.

Do you still get the EV tax credit if you lease?

No – as a lessee, you don’t directly receive the EV tax credit but benefit indirectly through reduced lease costs as leasing companies typically incorporate these tax incentives into payment structures. The financial advantage transfers through adjusted down payments lowered monthly installments, and modified lease terms from the lessor to the lessee. Check our detailed explanation below to understand how tax credits influence your lease terms and what questions to ask your dealer.

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