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 something that suits your taste and lifestyle.
Some of the cherry-on-top offers like the Costco membership discount have now ended. But we're still very much in the honeymoon phase of leasing or financing battery powered cars. August 2024 EV lease and finance offers come with loyalty bonuses, cash back and even conquest deals, wherein prices are reduced further for converting from a rival brand.
Not all August 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.
Some great EV lease deals include those from Hyundai, Kia, Nissan, Toyota, Subaru and Tesla. For this month, the most jaw-dropping deals are on cars like the Kia Niro EV, which you can lease from just $149 per month for 24 months with $3,999 due at signing. If you want something more modern, check out the deals on the Hyundai Ioniq 5 and Ioniq 6.
Both can be leased from about $187 per month for 33 months with roughly $4,000 due at signing. Even the Nissan Ariya is a pretty sweet lease deal at just $170 per month. Teslas continue to be as attractive as ever. For this month, Tesla has lowered the financing rates to $1.99 APR for both the Model 3 and the Model Y, plus there's the addition of the long range rear-wheel-drive version.
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.
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.
2024 Alfa Romeo Tonale Plug-In Hybrid
- Lease for $299 per month for 24 months with $6,150 due at signing. Available $1,000 Stellantis loyalty bonus lease cash. Lease price has $7,250 incentive, provided by Stellantis, factored in.
2024 Audi e-tron GT Sedan
- 0.99% APR for 60 months.
- $10,000 discount (or what's called Audi Credit) on MSRP through participating dealers.
2024 Audi Q4 e-tron
- Lease for $499 per month for 36 months with $3,893 due at signing. (Only for customers in NY, CT and NJ.)
- $5,000 discount (Audi Credit) included in lease payment but applicable to purchases.
2024 Audi Q4 e-tron Sportback
- $5,000 discount (Audi Credit) included in lease payment but applicable to purchases.
2024 Audi Q5 e
- $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 starting at $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.
- 2.99% APR for 60 months.
2024 BMW iX
- Lease for $699 per month for 36 months with $6,419 due at signing.
- 2.99% APR for up to 60 months.
2024 BMW 330e PHEV
- Lease starting at $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.
2024 Cadillac Lyriq
- Lease for $389 per month for 36 months with $4,919 due at signing.
- Additional $3,000 lease credit for competitive brand owners.
2024 Chevrolet Equinox EV
- $1500 discount for converting from a non-GM brand.
2024 Chevrolet Blazer EV
- Lease for $369 per month for 24 months with $3,179 due at signing.
2024 Chevrolet Silverado EV
- Lease for $999 for 36 months with $6,819 due at signing, according to CarsDirect. (Offer not listed on Chevrolet's website as of August 9.)
2024 Chrysler Pacifica Plug-In Hybrid
- Lease for $559 per month for 39 months with $4,709 total due at lease signing. $7,250 federal tax credit factored in.
- $3,000 summer retail bonus cash.
2024 Dodge Hornet R/T Plug-In Hybrid
- 2.9% APR for 84 months.
- $8,500 bonus cash for current FCA U.S. lessees.
2024 Ford F-150 Lightning
- Lease for $299 per month for 24 months with $3,289 due at signing (Standard range).
- 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 $299 per month for 24 months with $2,979 due at signing (Extended range).
- 0% APR for 60 months.
- $750 bonus cash.
2024 Genesis G80 Electrified
- Lease for $399 per month for 13 months with $5,999 due at lease signing.
- $1,000 retail bonus cash.
2024 Genesis GV60
- Lease for $339 per month for 33 months with $5,999 due at signing.
- $1,000 bonus cash.
2024 Genesis Electrified GV70
- Lease for $499 per month for 24 months with $5,999 due at signing.
- 5.49% APR for up to 60 months.
- $1,000 bonus cash.
2024 Hyundai Ioniq 5
- Lease for $187 per month for 33 months with $3,987 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 $189 per month for 24 months with $3,999 due at signing, with the $7,500 lease bonus factored in (SE RWD).
- 0% APR for up to 60 months (All trims).
- Separately, up to $7,500 cash offer for on dealer inventory (All trims).
2024 Hyundai Ioniq 6
- Lease for $188 per month for 33 months with $3,988 due at signing, with the $7,500 lease bonus factored in (SE Standard range).
- Lease for $227 per month for 33 months with $3,987 due at signing, with the $7,500 lease bonus factored in (SE RWD).
- 2.99% APR for up to 48 months, plus $2,500 cash back (All trims).
- Separately, up to $7,500 cash offer for on dealer inventory (All trims).
2024 Hyundai Kona Electric
- Lease starts from $386 per month for 24 months with $1,999 due at signing, including the $7,500 lease bonus.
- 6.49% APR for up to 48 months (All trims).
2024 Hyundai Tucson Plug-In Hybrid
- Lease from $331 per month for 36 months with $3,998 due at signing.
- 2.99% APR for up to 60 months.
2024 Kia EV6
- Lease for $229 per month for 24 months with $3,999 due at signing (Long Range RWD).
- 0% APR for up to 48 months.
- $7,500 discount (all trims).
- $500 loyalty bonus.
2024 Kia EV9
- Lease from $389 per month for 24 months with $4,999 due at signing.
- 0% APR for up to 48 months.
- $7,500 discount (all trims).
- $1,000 loyalty bonus.
2024 Kia Niro EV
- Lease from $149 per month for 24 months with $3,999 due at signing.
- 0% APR for up to 60 months.
- Up to $6,500 cash back.
2024 Kia Niro Plug-In Hybrid
- Lease for $259 per month for 24 months with $3,499 due at signing.
- 4.75% APR for up to 48 months.
2024 Kia Sportage Plug-In Hybrid
- Lease from $339 per month for 36 months with $3,499 due at signing.
- 5.25% APR for up to 48 months.
2024 Kia Sorento Plug-In Hybrid
- Lease from $409 per month for 24 months with $3,799 due at signing.
- 4.75% APR for up to 48 months
2024 Jeep Wrangler 4xe Plug-In Hybrid
- Up to $4,000 in cash rebates on leases.
- 0% APR for 36 months.
2024 Jeep Grand Cherokee 4xe Plug-In Hybrid
- $10,000 cash rebate on leases.
- 0% APR for 36 months on select trims.
- $5,000 combined retail and loyalty bonus cash.
2024 Lexus RZ300e
- Lease for $379 per month for 36 months with $4,999 due at signing.
- 0% APR for up to 72 months.
- Separate $7,500 Lexus discount.
2024 Lexus RZ450e
- Lease for $419 per month for 36 months with $4,999 due at signing.
- 0% APR for up to 72 months
- Separate $7,500 Lexus discount.
2025 NX 450h+ Plug-In Hybrid
- Lease for 695 per month for 36 months with $3,999 due at signing.
2024 Lucid Air Pure
- 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 on financing.
2025 Mazda CX-90 Plug-In Hybrid
- 3.9% APR for up to 36 months.
- $500 loyalty bonus.
2025 Mazda CX-70 Plug-In Hybrid
- Lease for $349 per month for 24 months with $6,969 due at signing, including $7,500 customer lease cash offer.
- 2.9% APR for up to 36 months.
- $1,000 loyalty bonus.
- $1,250 conquest discount for converting from non-Mazda brands.
2023 Mercedes-Benz EQB
- Lease for $499 per month for 36 months with $5,073 due at signing, including $7,500 lease bonus cash.
- $2,000 loyalty bonus.
2023 Mercedes-Benz EQE Sedan
- Lease for $649 per month for 36 months with $6,793 due at signing.
- $3,000 loyalty bonus for select existing customers.
2023 Mercedes-Benz EQE SUV
- Lease for $699 per month for 36 months with $7,193 due at signing.
- $3,000 loyalty bonus for select existing customers.
2024 Mercedes-Benz EQS Sedan
- Lease for $979 per month for 36 months with $9,393 due at signing.
- $5,000 loyalty bonus.
2023 Mercedes-Benz EQS SUV
- Lease for $899 per month for 36 months with $9,383 due at signing.
- $5,000 loyalty bonus.
2024 Mercedes-Benz GLE 450e Plug-in Hybrid
- Lease for $859 per month for 36 months with $6,903 due at signing.
- $3,000 loyalty bonus for select existing customers.
2023 Mercedes-Benz S 580e
- Lease for $1,499 per month for 36 months. Includes $7,500 bonus cash.
- Cash due at signing includes additional $9,049 capitalized cost reduction, $795 acquisition fee and first month’s lease payment of $1,499. Acquisition fee may vary by dealership.
2025 Mini Cooper SE
- 1.99% APR for up to 48 months on MY2025 Cooper SE.
- Lease for $239 per month for 36 months with $3,799 due at signing, including the $10,900 lease credit.
- 2.99% APR for up to 84 months on the 2024 model.
2024 Nissan Ariya
- Lease for $169 per month for 24 months with $6,069 due at signing.
- $1,000 loyalty cash back.
- 1.9% APR for up to 36 months.
2024 Nissan LEAF
- Lease for $209 per month for 36 months with $4,429 due at signing
- $1,000 cashback.
- 2.19% APR for up to 36 months
2024 Polestar 2
- $10,000 cash incentive on leases for the single motor versions. (Exact lease prices are not updated on the Polestar website yet.)
- $2,100 cash back for single-motor versions.
- 1.99% APR for up to 72 months.
2025 Polestar 3
- Lease for $799 per month for 36 months with $6,799 due at signing. (Dual motor, long range.)
- 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)
- Estimated lease starting from $699 per month for 36 months with $8,594 due at signing.
2025 Rivian R1T (Gen 2)
- Rivian hasn't revealed lease and financing offers for the 2025 models yet on its website.
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 RWD: Lease from $429 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.
- 1.99% APR for up to 72 months.
2024 Tesla Model Y
- Long range RWD: Lease from $489 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.
- 1.99% APR for up to 72 months.
2024 Tesla Model S
- Standard AWD: Lease for $1,031 per month for 36 months with $7,500 due at signing.
- Plaid: Lease for $1,389 per month for 36 months with $7,500 due at signing.
- 5.99% APR for up to 72 months.
2024 Tesla Model X
- AWD: Lease for $1,209 per month for 36 months with $7,500 due at signing.
- Plaid: Lease for $1,469 per month for 36 months with $7,500 due at signing.
- 5.99% APR for up to 72 months.
2024 Toyota bZ4x
- Lease for $219 per month for 36 months with $3,999 due at signing.
- 0% APR for 72 months.
2024 Toyota RAV4 Prime
- Lease for $369 per month for 36 months with $3,999 due at signing.
2024 VinFast VF8
- Lease for $249 per month for 36 months with $999 due at signing.
2024 Volkswagen ID.4
- Lease for $229 per month for 36 months with $3,499 due at signing.
- 0% APR for up to 72 months.
2024 Volvo C40 Recharge
- Lease for $469 per month for 36 months with $4,085 due at signing.
- 0.99% APR for up to 36 months.
2024 Volvo S90 Recharge
- Lease for $649 per month for 36 months with $3,929 due at signing.
- $1,000 loyalty bonus.
2024 Volvo XC40 Recharge
- Lease for $559 per month for 36 months with $5,005 due at signing.
- 0.99% APR for up to 36 months.
2024 Volvo XC60 Recharge
- Lease for $605 per month for 36 months with $5,425 due at signing.
- 0.99% APR for up to 36 months.
- $2,000 loyalty bonus.
2024 Volvo XC90 Recharge
- Lease for $679 per month for 36 months with $6,575 due at signing
- $2,000 loyalty bonus.
- 3.99% APR for up to 72 months.
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.
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