Labor Day 2024 is shaping up to be an excellent time for electric vehicle shoppers. With the latest models arriving and dealers eager to clear out 2024 inventory, now is the perfect time to secure a fantastic deal on a new EV. Whether you’re looking to finance or lease, the offers this Labor Day are some of the best we’ve seen all year.

Let’s take a look at the top Labor Day EV deals worth your time.

👉 Check out our car market update for Labor Day

2024 Hyundai IONIQ 5

Hyundai’s IONIQ 5 has quickly become a favorite in today’s EV market. Its retro-futuristic design, spacious interior, and ultra-fast charging make it one of the best in the electric crossover market. This Labor Day, Hyundai is offering unbeatable zero percent financing and shocking lease deals on the IONIQ 5, from the base SE to the fully-loaded Limited.

Best Deals Available:

• 0% APR for all IONIQ 5 configurations
• Lease the 2024 Hyundai IONIQ 5 SE Rear-Wheel Drive for just $196/month for 33 months with $3,989 due at signing. 

Negotiability Score: Above Average (113 Days of Market Supply, 22% Above Average)

Total For Sale (US nationwide): 12,836

Average Selling Price: $48,698

See Hyundai IONIQ 5 listings with the power of local market data

2024 Chevrolet Blazer EV

Chevrolet’s Blazer EV offers a bold, sporty design and the practicality of an SUV. Powered by GM’s Ultium electric powertrain, the Blazer EV is worlds ahead of the outgoing Bolt EV. With plenty of tech features and up to 324 miles of range, the Blazer EV is an excellent choice for those looking to make the switch to electric. 

Best Deal Available:

• Lease the 2024 Chevrolet Blazer EV LT eAWD for just $369/month for 24 months with $3,179 due at signing. 

Negotiability Score: Average (197 Days of Market Supply, 112% Above Average)

Total For Sale (US nationwide): 15,350

Average Selling Price: $50,341

See Chevrolet Blazer EV listings with the power of local market data

2024 Kia EV9

Fast charging? Check. Long range? Yup. Three-rows? Believe it or not, yes! The 2024 Kia EV9 arrived as the first three-row EV from a legacy automaker. Following the debut of the Rivian R1S in 2022 and the arrival of the very first three-row EV, the Tesla Model X, back in 2015, families looking to go electric had very few options. Kia’s EV9 is a welcome addition to the EV market. 

Best Deals Available:

• $7,500 customer cash
• 0% APR financing for 48 months
• Lease from $439/month for 24 to 36 months with $4,999 due at signing

Negotiability Score: Average (73 Days of Market Supply, 22% Below Average)

Total For Sale (US nationwide): 4,267

Average Selling Price: $65,009

See Kia EV9 listings with the power of local market data

2024 Rivian R1S

Rivian’s R1S is making waves as a three-row electric SUV that doesn’t compromise on performance or off-road capability. The up and coming automaker recently began shipping ‘Gen 2’ R1S modelsl from their production facility in Illinois. This means that Rivian buyers today get the latest and greatest that the brand has to offer. For Labor Day 2024, Rivian is advertising a great financing offer that will save buyers thousands of dollars over a five-year loan term.

Best Deal Available:

• Finance the 2024 Rivian R1S at 2.99% APR for 60 months

Average Selling Price: $89,625

See offer details at Rivian.com

2024 Volkswagen ID.4

Volkswagen’s ID.4 continues to be a popular choice for those seeking an affordable electric crossover. One major selling point: the ID.4 is now produced in Tennessee, so it qualifies for the federal EV tax credit (income limits apply). With a range of financing and lease offers available, the ID.4 is one of the best Labor Day EV deals in 2024.

Best Deals Available:

• Finance the ID.4 S with 0% APR for 72 months, or opt for a $5,000 cash bonus
• Lease the 2024 Volkswagen ID.4 Standard for just $229/month for 36 months with $3,499 due

Negotiability Score: Average (97 Days of Market Supply, 5% Above Average)

Total For Sale (US nationwide): 2,711

Average Selling Price: $44,359

See Volkswagen ID.4 listings with the power of local market data

Labor Day EV Deals Point Towards Year-End Savings

Labor Day weekend is an excellent time to secure favorable lease or financing terms on an electric vehicle. With high inventory levels persisting, those looking to go electric have the advantage in the 2024 market.

However, while these Labor Day EV deals are enticing, they may just be a preview of what’s to come. Patient shoppers should keep an eye on the upcoming year-end sales, which could bring even more significant savings. If the electric model you’ve set your eyes on isn’t a top deal this month, it likely will be come November and December. 

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