EV Lease Deals Heat Up Before Incentives Expire
💰 Lowest Price: Hyundai Ioniq 5 for $129/month in ZEV states
🔥 Best SUV Deal: Chevy Equinox EV for $249/month
💎 Luxury EVs: Acura ZDX for $299/month, premium SUV range
⚡ Urgency: Incentives end Sept. 30, savings up to $7,500
📊 Sales Surge: Over 607,000 EVs sold in H1 2025 as buyers rush in
As of this writing in August, automakers are really pushing savings on leasing an electric vehicle because the federal tax incentives of up to $7,500 on a new EV will end on September 30th, 2025. But before that happens, you can still get $7,500 off the price of an EV lease.
In the first half of 2025 over 607,000 electric vehicles were sold here in the U.S. and sales are really picking up right now due to the coming loss of the federal EV tax credits.
The best lease deals with the lowest prices are available in 17 states that have Zero-Emission Vehicles mandates. California leads the way as well as Colorado, Connecticut, Delaware, Maine, Maryland, Massachusetts, Minesota, New Jersey, New Mexico, New York, Oregon, Pennsylvania, Rhode Island, Vermont, Virginia, and Washington.
According to Cox Automotive, EV incentives have hit an all-time high of 14.8 percent with an average transaction price savings of nearly $8,500. Auto brands across the board have announcing record EV sales over the last few months.
General Motors and Honda are leading the pack with the Chevrolet Equinox Crossover EV and Honda’s Prologue EV. The Equinox brought in over 8,500 sales in July alone, setting a new record for non-Tesla EV sales. Its year-to-date total is over 36,000 units.
Meanwhile, the Honda Prologue EV has sold a record 22,635 units in America in the first half of 2025. It sold 6,315 units in July alone. Both cars are family-friendly all-electric crossovers that are available for lease at under $300 per month.
The Equinox offers an estimated driving range of up to 319 miles for the front-wheel drive model and the Prologue will take you up to 308 miles before it needs a charge.
2025 Chevrolet Equinox EV for $249 per Month
In August, Chevrolet has been offering the Equinox EV for leases as low as $249 for 24 months with $6,149 due at signing. You can also find zero percent APR deals for 60 months that includes the up to $7,500 federal EV tax credit.
2025 Honda Prologue EV for $159 per Month
Honda listed the Prologue EV for lease as low as just $159 per month in the state of California and other ZEV states. That low dough lease is a 24-month contract with $1,099 due at signing. In other states, Honda starts EV leases on the Prologue at just $229 per month.
2024 Acura ZDX EV for $299 per Month
The ZDX is a premium luxury all-electric SUV that can be leased for just $299 per month in California and other ZEV states. The single motor rear-wheel drive version gets the best range at an EPA estimated range rating of 313 miles.
Hyundai Lease Deals
Hyundai and Kia are experiencing amazing growth in their EV sales as well. In the first half of 2025, Kia achieved record-breaking sales volume with its EV9, and Hyundai reports increased demand for models such as the Ioniq 5, Ioniq 6, and Ioniq 9. In fact, the Ioniq 5 was the best-selling EV in the U.S. last year with 44,400 units sold.
2025 Hyundai Ioniq 5 for $129 per Month
Hyundai leads the way with incredible lease deals in California and other ZEV states. The 2025 Ioniq 5 can be had for just $129 per month and is available in other states at just $179 per month for 24 months with $3,999 due at signing. The clever crossover has an EPA estimated range of 318 miles.
2025 Hyundai Ioniq 6 for $169 per Month
This sleek and stylish EV sedan offers up to 361 miles or range and can charge from 10 to 80 percent in just 18 minutes according to Kelley Blue Book. Right now, you may lease it for just $169 per month for 24 months with $3,999 due at signing.
2026 Hyundai Ioniq 9 for $299 per Month
Hyundai’s all-new three-row electric SUV offers plenty of room plus an EPA estimated range of 335 miles and ultra-fast charging all for $299 per month for 36 months with $4,999 due at the time of signing.
Kia is also offering incredible lease deals right now. Its 2025 EV6 has leases starting at just $179 in ZEV states and $269 per month everywhere else for 24-month contracts with $3,999 due at signing.
2025 Ford Mustang Mach-E for $269 per Month
The striking Ford Mustang Mach-E can be leased starting at just $269 for a 36-month contract and $4,369 is due at signing. This refined crossover offers great performance and driving dynamics, and an EPA range of up to 320 miles.
2025 Toyota bZ4X for $189 per Month
Toyota’s first mid-sized all-electric SUV, the bZ4X has an EPA estimated range of 252 miles and can charge from 10 to 80 percent in 35 minutes. The bZ may be leased for 36 months at just $189 per month with $3,999 due at signing.
2025 Volkswagen ID.4 for $129 per Month
One of the absolute best EV lease deals right now can be found with the VW ID.4 comfortable crossover SUV. Leases start at just $129 per month for 24 months in California, Arizona, and Nevada. Other states will pay $209 per month with $2,499 due at signing.
Don’t Miss These Limited-Time EV Lease Deals
As federal EV tax incentives wind down on September 30, automakers are offering some of the best lease deals we’ve ever seen. From budget-friendly options like the Hyundai Ioniq 5 and VW ID.4 to premium picks like the Acura ZDX, drivers can get into a new EV for less than $300 a month, but only for a limited time.
If you’re considering making the switch, now’s the moment. Compare your options, check availability in your state, and lock in a lease while incentives are still on the table.
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