More drivers are warming up to the idea of electric vehicles, yet, for many, the high purchase price of EVs is too much. On top of that, EVs depreciate faster than other types of cars, leaving many buyers without equity for years to come. The best electric vehicle leases provide a great way to avoid these two obstacles. By leasing, you experience the cutting-edge technology of EVs without the long-term financial commitment. By the time your lease ends, electric mobility will be miles ahead of today’s car models.
Whether you’re new to the world of EVs or a seasoned enthusiast, these are the best EV lease deals available in October.
👉 Not sure if leasing is for you? Be sure to check out The Consumer’s Guide to Leasing.
The Best EV Lease Deals Today
| Make | Model | Trim | Months | Monthly Payment (Pre-Tax) | Due at Signing |
|---|---|---|---|---|---|
| Kia | Niro EV | Wind | 24 | $189 | $3,999 |
| Kia | EV6 | Light Long Range | 24 | $219 | $3,999 |
| Toyota | bZ4X | XLE | 36 | $359 | $0 |
| Ford | F-150 Lightning | XLT Standard Range | 36 | $550 | $7,059 |
| Ford | Mustang Mach-E | Premium AWD | 36 | $366 | $5,575 |
| Chevrolet | Equinox EV | 2LT | 24 | $299 | $3,169 |
| Hyundai | Ioniq 5 | SE Long Range | 24 | $189 | $3,999 |
| Hyundai | Kona EV | SE | 24 | $189 | $3,999 |
| Tesla | Model 3 | RWD | 36 | $309 | $2,999 |
| Tesla | Model Y | Long Range AWD | 36 | $339 | $2,999 |
Kia and Hyundai are offering massive $7,500-$10,000 lease incentives for their popular EVs, bringing monthly payments down below $300 per month. Following the loss of the federal EV tax credit for these models, the Korean automakers have been leveraging lease deals to ‘sell’ cars.
Toyota’s bZ4X is a VERY rare zero-down EV lease this month. Keep in mind that it’s not the fastest-charging, adding more time to road trips. However, if you mostly stick around town, this is a great deal.
Other notable deals include the Chevrolet Equinox EV, the Ford F-150 Lightning, and the best-selling non-Tesla today, the Ford Mustang Mach-E.
The Easiest Way to Buy a Car
As EV technology advances and becomes more accessible, leasing has emerged as a viable option for many to experience these vehicles without the hefty price tag. Our rundown of the top electric vehicle leases offers insights into deals that provide both value and quality.
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We’d love to know more about your car search. Why are you considering going electric? What car will you be leaving behind when you make the switch? Leave a comment below to let us know what you think, or stop by the free CarEdge Community Forum.
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