Electric vehicle lease and financing deals have been notably improving since last year. With the influx of new and increasingly affordable EVs and rising inventory, there are plenty of great deals. If you buy or lease an EV (or plug-in hybrid) this summer, you'll likely come across several special Independence Day deals that are valid for the whole month.

Automakers are packaging attractive July 2024 EV lease and finance offers with loyalty bonuses, cashback and even conquest deals, wherein prices are reduced further for converting from a rival brand.

Some BEVs and PHEVs (we mix both in this story for expediency) are available with appealing lease deals, hefty discounts, and/or reasonable financing rates. Some cars are available with a combination of these offers. Not all July 2024 EV lease and finance deals are equally appealing, but we've included them for comparison and we'll update this list monthly. 

Note that the deals may vary substantially by region. Most prices here use a New York City zip code, so you could find cheaper deals elsewhere. If you find a model in the right neighborhood, we recommend checking your local dealer's website for the most accurate pricing.

Tesla Model Y

Some great EV lease deals include those from Hyundai, Kia, Nissan and Polestar. The three-row Kia EV9, for example, is available for $399 per month with $3,959 due at signing. The Hyundai Ioniq 5 is available with 0% APR financing whereas Ioniq 6 leases start as low as $199 per month. Check more details in the list below. Even Ford has some great offers on the Mustang Mach-E and the F-150 Lightning.

When you lease a new car, the tax credit goes to the lender and is often applied against the lease to offer the buyer a discount. The tax credit also applies to all EVs regardless of where the car and its battery materials come from, which isn't true if you buy. That means leasing can be the smart move on cars like the Ioniq 6, which won't get the credit if you buy it outright. Just be sure to go over all the details related to the tax credit before signing any paperwork.

Keep in mind that if you choose to lease instead of buy, you won't have to worry about whether or not your personal tax situation allows you to take advantage of the credit.

2024 Hyundai Ioniq 6

Remember that the best deals also typically apply to individuals with excellent credit ratings. Moreover, the best manufacturer-sponsored incentives are often reserved for returning lessees or people who currently drive competitor products.

Be sure to bookmark this page and check back often as we update deals on a rolling basis. 

2023 Audi Q4 e-tron

2024 Alfa Romeo Tonale Plug-In Hybrid

  • Lease for $389 per month for 24 months with $5,999 due at signing. Available $1,000 Stellantis loyalty bonus lease cash.

2024 Audi e-tron GT

  • 5.99% APR for 60 months.

2024 Audi Q4 e-tron 

  • Lease for $529 per month for 36 months with $3,923 due at signing. 
  • $5,000 Audi Credit, included in lease payment but applicable to purchases.
  • 0.99% APR for up to 60 months.

2024 Audi Q4 e-tron Sportback

  • 0.99% APR for up to 60 months.

2024 Audi Q5 e 

  • 3.99% APR for up to 60 months.
  • $5,000 Audi credit.

2024 Audi Q8 e-tron

  • Lease for $669 per month for 36 months with $5,559 due at signing.
  • 0.99% APR for up to 60 months.
  • $7,500 Audi credit.

2024 Audi Q8 Sportback e-tron

  • Lease for $679 per month for 36 months with $5,569 due at signing.
  • 0.99% APR for up to 60 months.

2024 Audi SQ8 e-tron

  • 0.99% APR for up to 60 months. $7,500 Audi credit.

2024 Audi SQ8 Sportback e-tron

  • 0.99% APR for up to 60 months. 
  • $7,500 Audi credit.

2024 BMW i4

  • Lease for $449 per month for 36 months and $4,869 due at signing.
  • 2.99% APR for up to 60 months.

2024 BMW i5 

  • Lease for $699 per month for 36 months with $6,559 due at signing.
  • 2.99% APR for 60 months.

2024 BMW i7

  • Lease for $999 per month for 36 months with $7,919 due at signing.
  • 3.99% APR for 60 months.

2024 BMW iX

  • Lease for $749 per month for 36 months with $6,529 due at signing.
  • 2.99% APR for 60 months.

2024 BMW 330e

  • Lease for $599 per month for 36 months with $4,659 due at signing.

2024 BMW 750e xDrive 

  • Lease for $1,259 per month for 36 months with $8,859 due at signing.
  • 3.99% APR for 60 months.

2024 BMW X5 xDrive50e

  • Lease for $1,059 per month for 36 months with $6,989 due at signing.
2023 Cadillac Lyriq First Drive

2024 Cadillac Lyriq

  • Lease for $514 per month for 36 months with $4,014 due at signing.
  • Additional $3,000 lease credit for competitive brand owners.
  • $1,000 Costco member discount.

2024 Chevrolet Equinox EV

2024 Chevrolet Blazer EV

2024 Chrysler Pacifica Plug-In Hybrid

2024 Dodge Hornet R/T Plug-In Hybrid

  • 0% APR for 84 months.
  • $9,500 bonus cash for current FCA U.S. lessees.

2024 Ford Escape Plug-in Hybrid 

  • 7% APR for up to 72 months. 

2024 Ford F-150 Lightning

  • Lease for $470 per month for 36 months with $6,509 due at signing.
  • 0% APR for 60 months.
  • $2,500 bonus cash and no payment for the first 90 days.
  • $1,500 conquest cash for switching over from Tesla.

2024 Ford Mustang Mach-E

  • Lease for $348 per month for 36 months with $5,189 due at signing.
  • 0% APR for 60 months.
  • $2,250 bonus cash and no payment for the first 90 days. 
  • $1,500 conquest cash for switching over from Tesla.

2024 Genesis G80 Electrified

  • Lease for $779 per month for 36 months with $5,999 due at lease signing.
  • $1,000 retail bonus cash between July 2-7.

2024 Genesis GV60

  • Lease for $339 per month for 33 months with $5,999 due at signing.
  • $1,000 bonus cash between July 2-7.
  • $7,500 retail bonus (On select trims).
  • 5.49% APR for up to 60 months.

2024 Genesis Electrified GV70

  • Lease for $399 per month for 36 months with $3,999 due at signing
  • $7,500 bonus cash
  • 5.49% APR for up to 60 months
  •  $1,000 bonus cash between July 2-7.
Hyundai Ioniq 5 (2021)

2024 Hyundai Ioniq 5

  • Lease for $229 per month for 33 months with $3,999 due at signing, with the $7,500 lease bonus factored in. (SE Standard range)
  • 0% APR for up to 60 months. (SE Standard range)
  • Lease for $259 per month for 33 months with $3,999 due at signing, with the $7,500 lease bonus factored in. (SEL)
  • 0% APR for up to 60 months. (SEL)
  • Separate $7,500 cash offer for non-lease, non-finance buyers. 

2024 Hyundai Ioniq 6

  • Lease for $199 per month for 33 months with $3,999 due at signing, with the $7,500 lease bonus factored in. (SE Standard range)
  • Lease for $299 per month for 33 months with $3,999 due at signing, with the $7,500 lease bonus factored in. (SEL)
  • 2.99% APR for up to 48 months, plus $2,500 cash back. (All variants)

2024 Hyundai Kona Electric

  • Lease starts from $352 per month with $1,999 due at signing, including the $7,500 lease bonus. 
  • 6.49% APR for up to 48 months.

2024 Hyundai Tucson Plug-In Hybrid

  • Lease from $349 per month for 36 months with $3,999 due at signing. 
  • 2.99% APR for up to 60 months.

2024 Kia EV6

  • Lease for $199 per month for 24 months with $3,646 due at signing ($7,500 lease bonus included). 
  • 0% APR for up to 60 months
  • Up to $9,000 cashback (all trims)

2024 Kia EV9

  • Lease from $399 per month for 24 months with $3,959 due at signing (Includes $7,500 lease bonus).
  • 0% APR for up to 48 months.
  • $9,000 cashback (all trims).
Kia EV9 350 kW DC Fast Charging Test (source: Technically Jeff)

2024 Kia Niro EV

  • Lease from $149 per month for 24 months with $2,499 due at signing.
  • 0% APR for up to 60 months.
  • Up to $6,500 cash back.

2024 Kia Niro Plug-In Hybrid

  • Lease for $269 per month for 24 months with $3,434 due at signing.
  • 4.75% APR for up to 48 months.

2024 Kia Sportage Plug-In Hybrid

  • Lease from $319 per month for 24 months with $3,434 due at signing. 
  • 4.75% APR for up to 48 months.

2024 Kia Sorento Plug-In Hybrid

  • Lease from $459 per month for 24 months with $3,499 due at signing 
  • 4.9% APR for up to 48 months

2024 Jeep Wrangler 4xe Plug-In Hybrid

  • Up to $13,000 in cash rebates on select dealer inventory vehicles for existing Stellantis lessees.
  • No monthly payments for 90 days for qualified buyers with financing. 

2024 Jeep Grand Cherokee 4xe Plug-In Hybrid

  • Up to $13,000 in cash rebates on select dealer inventory vehicles for existing Stellantis lessees.
  • No monthly payments for 90 days for qualified buyers with financing. 
  • 2.9% APR for 72 months on select trims.

2024 Lexus RZ300e

  • Lease for $379 per month for 36 months with $4,999 due at signing.
  • 0% APR for up to 72 months.
  • The lease includes $16,500 cash incentive.

2023 Lexus RZ450e

  • Lease for $399 per month for 27 months with $5,000 due at signing
  • 0% APR for up to 72 months
  • The lease includes $18,500 cash incentive.
2024 Lucid Air Pure RWD

2024 Lucid Air 

  • Lease from $549 per month for 36 months with $5,549 due at signing
  • 4.99% APR for up to 72 months
  • Up to $7,500 cash back

2025 Mazda CX-90 PHEV

  • Lease for $319 per month for 24 months with $6,239 due at signing.
  • 1.9% APR for up to 36 months.
  • $1,250 conquest cash.

2023 Mercedes-Benz EQB

  • Lease for $499 per month for 36 months with $5,663 due at signing.

2023 Mercedes-Benz EQE Sedan

  • Lease for $699 per month for 36 months with $6,843 due at signing.
  • $3,000 loyalty bonus for select existing customers.

2023 Mercedes-Benz EQE SUV

  • Lease for $779 per month for 36 months with $7,273 due at signing
  • $3,000 loyalty bonus for select existing customers. 

2024 Mercedes-Benz EQS Sedan

  • Lease for $1,099 per month for 36 months with $9,513 due at signing.
  • $5,000 cashback (returning customers only).

2023 Mercedes-Benz EQS SUV

  • Lease for $1,099 per month for 36 months with $9,583 due at signing.

2024 Mercedes-Benz GLE 450e Plug-in Hybrid 4MATIC

  • Lease for $859 per month for 36 months with $6,913 due at signing.
  • $3,000 loyalty bonus for select existing customers. 

2023 Mercedes-Benz S 580e

  • Lease for $1,479 per month for 36 months with $10,923 due at signing. Includes $7,500 bonus cash.
MINI Cooper SE in Red

2024 Mini Cooper SE

  • Lease for $239 per month for 36 months with $3,799 due at signing.

2024 Nissan Ariya

  • Lease for $189 per month for 18 months with $4,649 due at signing.
  • $1,000 cashback for returning customers.
  • 4.9% APR for up to 60 months.

2024 Nissan LEAF

  • Lease for $179 per month for 36 months with $4,299 due at signing
  • $1,000 cashback.
  • 4.9% APR for up to 60 months

2024 Polestar 2

  • Lease for $299 per month for 27 months with a $3,299 due at signing (Long Range Single Motor)
  • $10,000 cash incentive for long-range single motor included in the above lease.
  • $2,100 cash back for single-motor versions
  • 1.99% APR for up to 72 months
  • $2,000 Costco member discount (includes leases)

2024 Polestar 3

  • Lease for $799 per month for 36 months with $6,799 due at signing
  • 6.99% APR for up to 72 months

2024 Porsche Taycan

  • Lease for $949 per month for 39 months with $9,829 due at signing.

2025 Rivian R1S (Gen 2)

  • Lease for $699 per month for 36 months with $8,494 due at signing.

2024 Rivian R1T

  • Lease for $566 per month for 36 months with $7,476 due at signing.
2024 Polestar 2 First Drive Review

2024 Subaru Solterra

  • Lease for $329 per month for 36 months with $329 due at signing
  • 0% APR financing for 72 months.

2024 Tesla Model 3

  • Standard range RWD: Lease from $299 per month for 36 months with $2,999 due at signing.
  • Long range AWD: Lease from $449 per month for 36 months with $2,999 due at signing.
  • Performance AWD: Lease from $649 per month for 36 months with $2,999 due at signing. 
  • 6.49% APR for up to 72 months.

2024 Tesla Model Y

  • Long range RWD: Lease from $479 per month for 36 months with $2,999 due at signing.
  • Long range AWD: Lease from $499 per month for 36 months with $2,999 due at signing.
  • Performance AWD: Lease from $599 per month for 36 months with $2,999 due at signing. 
  • 6.29% APR for up to 72 months.

2024 Tesla Model S

  • Standard AWD: Lease for $1,099 per month for 36 months with $7,500 due at signing.
  • Plaid: Lease for $1,349 per month for 36 months with $7,500 due at signing.
  • 6.29% APR for up to 72 months.

2024 Tesla Model X

  • Standard AWD: Lease for $1,168 per month for 36 months with $7,500 due at signing.
  • Plaid: Lease for $1,429 per month for 36 months with $7,500 due at signing.
  • 6.29% APR for up to 72 months.

2024 Toyota bZ4x

  • Lease for $219 per month for 36 months with $3,999 due at signing.

2024 Toyota RAV4 Prime

  • Lease for $319 per month for 36 months with $3,999 due at signing
  • 4.99% APR for 60 months.

2024 VinFast VF8

  • Lease for $249 per month for 36 months with $999 due at signing
2024 Volkswagen ID.4

2024 Volkswagen ID.4

  • Lease for $249 per month for 36 months with $3,499 due at signing.
  • 0% APR for up to 72 months.

2024 Volvo C40 Recharge

2024 Volvo S60 Recharge

2024 Volvo S90 Recharge

2024 Volvo V60 Recharge Wagon

2024 Volvo XC40 Recharge

2024 Volvo XC60 Recharge

  • Lease for $605 per month for 36 months with $5,425 due at signing.
  • 4.99% APR for up to 72 months.
  • $3,000 cashback.
  • $2,000 loyalty bonus.
  • $1,000 Costco member incentive.

2024 Volvo XC90 Recharge

  • Lease for $709 per month for 36 months with $6,629 due at signing
  • Up to $4,000 cash back.
  • $2,000 loyalty bonus. 
  • 3.99% APR for up to 72 months.
  • $1,000 Costco member incentive.

There are likely additional incentives out there, specific to certain regions or dealerships (if the brand has dealerships) You just have to take the time and do your homework. Some automakers are still offering deferred payments, even if it's not noted above or on their websites.

Also, keep in mind that used EVs are available with reasonable deals as well, and that the market is finally seeing a notable drop in prices. There's even a new $4,000 point-of-sale federal incentive that your used EV may qualify for.

If there's a solid EV deal we missed, please share it with us in the comment section below. In the meantime, let us know of any recent deal you took advantage of, and how it all worked out.

Got a tip for us? Email: tips@insideevs.com