Electric vehicle lease and finance deals have come a long way. With an influx of affordable models and rising inventories, there are plenty of great options. If you're in the market for a fully electric model or a plug-in hybrid this winter, chances are you’ll find a deal that fits your taste and budget.
However, this winter could be the final season of jaw-dropping offers on electric vehicles. The incoming Trump administration has threatened to repeal the consumer credits that spurred EV adoption in the U.S. That's why right now is the best time to snatch an existing deal and drive home an EV if you've been on the fence.
December 2024 brings many holiday season discounts, bonuses, cash-back incentives and conquest deals, where switching from a rival brand can mean even bigger savings. But not all December 2024 EV lease and finance deals are equally appealing. We've still included them for comparison anyway and we'll update this list monthly. You will find the original hyperlinks for each brand at the top of every section.
Most importantly, note that the deals 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 your neighborhood, we recommend checking your local dealer's website for the most accurate pricing. Visit multiple dealers to get the best quote in your area.
Notable Changes This Month
Last month, the Ford F-150 Lightning hit a record-low lease price of $339 per month. Now it has dropped even further in the mid $200 range.
Holiday offers are in full swing this month for every major automaker. There's 0% APR financing available on dozens of models and some of the best lease deals from last month are now even more enticing. Again, note that all of the deals below are subject to dealer participation.
The best EV lease and finance deals come from Honda, Hyundai, Kia, Ford and Tesla. You can snatch a Honda Prologue for $229 per month for 36 months, with $2,999 due at signing. The Prologue is, in fact, cheaper to lease than the Chevy Equinox EV, Blazer EV, Subaru Solterra and the Tesla Model Y. The Ford Mustang Mach-E is more attractive for the holiday season, too, with its lease starting at $259 per month for 36 months and $5,569 due at signing.
The Korean and Japanese brands are still offering sub-$200 lease deals. Those are on models like the Hyundai Ioniq 5, Ioniq 6, Kona Electric and the Kia Niro EV. The Toyota bZ4x also continues to be cheap too, and you can drive home a Tesla Model 3 or Model Y with $0 due at signing by financing. The trick here is that the point-of-sale federal tax credit can serve as the downpayment if you qualify.
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 if you lease, which isn't true if you buy. That means leasing can be the smart move on cars like the Ioniq 6, which doesn't get the credit if you buy it outright because it's manufactured in South Korea. Just be sure to go over all the details related to the tax credit before signing any paperwork.
Remember 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. Also, note 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 Acura ZDX
- Lease for $319 per month for 27 months with $4,999 due at signing.
- 0% APR for up to 72 months.
- $750 loyalty/conquest offer on lease or purchase.
2024 Alfa Romeo Tonale Plug-In Hybrid
- Lease for $389 per month for 36 months with $6,550 due at signing. The lease price has a $7,250 incentive, provided by Stellantis, factored in.
2024 Audi e-tron GT Sedan
- 0.99% APR for 60 months.
- 2.99% APR for 60 months for the 2025 model.
- $10,000 bonus on purchase or lease.
2024 Audi Q4 e-tron
- 0.99% APR for 60 months.
- $1,500 bonus on purchase or lease.
- $5,000 discount (Audi Credit) included in lease payment but applicable to purchases.
2024 Audi Q5 e
- $4,000 Audi credit can be applied towards a purchase or lease.
- Additional $1,500 bonus on purchase or lease.
- 0.99% APR for 60 months.
2024 Audi Q8 e-tron
- Lease for $609 per month for 36 months with $5,409 due at signing.
- 0.99% APR for up to 60 months.
- $7,500 Audi credit.
2025 BMW i4
- Lease starts at $459 per month for 36 months and $5,389 due at signing.
- 2.99% APR for up to 60 months.
2024 BMW i5
- Lease for $599 per month for 36 months with $5,859 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.
2025 BMW iX
- Lease for $699 per month for 36 months with $6,419 due at signing.
- 2.99% APR for up to 60 months.
2025 BMW 550e xDrive Plug-In Hybrid
- Lease for $859 per month for 36 months with $6,739 due at signing.
- 2.99% APR for up to 60 months.
2024 BMW 750e xDrive Plug-In Hybrid
- Lease for $1,089 per month for 36 months with $8,599 due at signing.
- 2.99% APR for 60 months.
2025 BMW X5 xDrive50e Plug-In Hybrid
- Lease for $919 per month for 36 months with $7,029 due at signing.
- 2.99% APR for 60 months.
2024 Cadillac Lyriq
- Lease for $339 per month for 24 months with $4,789 due at signing.
- 3.9% APR for 36 months.
- Additional $3,000 lease or purchase credit for rival brand owners.
- Up to $7,500 bonus cash on purchase.
- $1,000 Costco members discount on purchase or lease.
2024 Chevrolet Equinox EV
- Lease for $299 per month for 24 months, with $3,169 due at signing.
- 0% APR for 60 months.
- $750 discount on GM Level 2 home charger that has an original price of $1,699.
2024 Chevrolet Blazer EV
- 0% APR for 60 months.
- $750 discount on GM Level 2 home charger that has an original price of $1,699.
2024 Chevrolet Silverado EV
- 0% APR for 60 months.
- $750 discount on GM Level 2 home charger that has an original price of $1,699.
2025 Chrysler Pacifica Plug-In Hybrid
- $7,000 retail and holiday discount on purchase.
- 1.9% APR for 72 months.
- Lease the 2024 model for $489 per month for 48 months with $4,679 due at signing.
- The 2024 model is also eligible for 0% APR for 72 months.
2024 Dodge Hornet R/T Plug-In Hybrid
- $199 per month for 24 months with $4,069 due at signing.
- 0% APR for 72 months.
- $10,000 cash discount on finance for current Stellantis lessees.
2024 Ford F-150 Lightning
- Lease options from $259 per month for 36 months with $6,389 due at signing.
- $1,000 holiday discount, $5,500 Red Carpet Lease Cash and $2,000 additional bonus is factored in the lease price and downpayment.
- 0% APR for 60 months.
- Complimentary Level 2 home charger and standard installation.
2024 Ford Mustang Mach-E
- Lease options from $259 per month for 36 months with $5,569 due at signing. (Premium Extended Range Battery)
- 0% APR for 72 months.
- Complimentary Level 2 home charger and standard installation.
2024 Genesis Electrified G80
- Lease for $399 per month for 13 months with $5,999 due at lease signing with $22,250 lease bonus factored in.
- $1,000 bonus on lease and finance.
2024 Genesis GV60
- Lease for $339 per month for 13 months with $5,999 due at signing with $13,500 lease bonus factored in.
- 5.49% APR for up to 60 months.
- $7,500 bonus cash on purchase.
- $1,000 bonus on lease and finance.
2024 Genesis Electrified GV70
- Lease for $439 per month for 24 months with $5,999 due at signing with $15,500 lease bonus factored in.
- $1,000 bonus on lease and finance.
2024 Honda Prologue
- Lease for $229 per month for 36 months with $2,999 due at signing.
- 0.9% APR for up to 60 months.
- $1,000 bonus on lease for existing Honda customers or those converting from rival brands.
2024 Hyundai Ioniq 5
- SE Standard Range: Lease for $159 per month for 24 months with $3,999 due at signing.
- SE: Lease for $189 per month for 24 months with $3,999 due at signing.
- SEL: Lease for $199 per month for 24 months with $3,999 due at signing.
- Limited: Lease for $299 per month for 24 months with $3,999 due at signing.
- 0% APR for up to 60 months (All trims).
- Up to $7,500 cash offer when purchased from the dealer inventory (All trims).
2025 Hyundai Ioniq 5 N
- Lease for $899 per month for 36 months with $3,999 due at signing.
- 4.99% APR for up to 60 months
2025 Hyundai Ioniq 6
- SE Standard Range: Lease for $209 per month for 24 months with $3,999 due at signing.
- SE: Lease for $219 per month for 24 months with $3,999 due at signing.
- SEL: Lease for $269 per month for 24 months with $3,999 due at signing.
- Limited: Lease for $369 per month for 24 months with $3,999 due at signing.
- 0% APR for up to 60 months (All trims).
- Up to $7,500 cash offer when purchased from the dealer inventory (All trims).
- 2024 Ioniq 6 leases start at $159 per month for 24 months, with $3,999 due at signing. They are available with 0% APR for up to 48 months.
2025 Hyundai Kona Electric
- Lease starts from $189 per month for 24 months with $3,999 due at signing.
- 0.99% APR for up to 60 months (All trims and both MY2025 and MY2024).
- Up to $7,500 cash offer when purchased from the dealer inventory (All trims).
- 2024 Kona Electric leases start at $179 per month for 24 months with $3,999 due at signing.
2025 Hyundai Tucson Plug-In Hybrid
- Lease from $309 per month for 36 months with $3,999 due at signing.
- 5.49% APR for up to 60 months.
- 2024 Tucson PHEV available to lease for $299 per month for 36 months with $3,999 due at signing.
- $1,000 cash discount for the MY2024 on purchase.
2024 Kia EV6
- Light Long Range RWD: Lease for $159 per month for 24 months with $3,849 due at signing.
- Light Long Range AWD: Lease for $209 per month for 24 months with $3,849 due at signing.
- 0% APR for up to 72 months (all trims).
- $600 holiday discount on leasing.
- $1,000 holiday discount on purchase.
2024 Kia EV9
- Lease from $329 per month for 24 months with $4,849 due at signing.
- 0% APR for up to 72 months.
- $600 holiday discount on leasing.
- $1,000 holiday discount on purchase.
- Additional $7,500 discount on purchase.
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.
- $600 holiday discount on leasing.
- $1,000 holiday discount on purchase.
- Additional $6,500 discount on purchase.
2025 Kia Niro Plug-In Hybrid
- Lease for $249 per month for 24 months with $3,499 due at signing.
- 4.9% APR for up to 48 months.
- $600 holiday discount on leasing.
- $1,000 holiday discount on purchase.
2025 Kia Sportage Plug-In Hybrid
- Lease from $259 per month for 24 months with $3,999 due at signing.
- 4.49% APR for up to 48 months.
- $600 holiday discount on leasing.
- $1,000 holiday discount on purchase.
2024 Kia Sorento Plug-In Hybrid
- Lease from $319 per month for 24 months with $3,999 due at signing.
- 1.9% APR for up to 48 months.
- $600 holiday discount on leasing.
- $1,000 holiday discount on purchase.
2024 Lexus RZ300e
- Lease for $379 per month for 36 months with $4,999 due at signing.
- 0% APR for up to 72 months.
- $7,500 cash discount on purchase.
2024 Lexus RZ450e
- Lease for $439 per month for 36 months with $4,999 due at signing.
- 0% APR for up to 72 months.
- $7,500 cash discount on purchase.
2025 Lexus NX 450h+ Plug-In Hybrid
- Lease for $559 per month for 36 months with $3,999 due at signing.
- Waive up to six final monthly payments with participating dealers.
2024 Lexus RX 450h+ Plus-In Hybrid
- Lease for $659 per month for 36 months with $4,999 due at signing. Includes $11,000 lease cash.
- Waive up to six final monthly payments with participating dealers.
2024 Lexus TX 550h+ Plug-In Hybrid
- Lease for $859 per month for 36 months with $4,999 due at signing.
2025 Lucid Air Pure
- Lease from $579 per month for 36 months with $5,679 due at signing.
- 4.99% APR for up to 72 months.
- Up to $7,500 cashback (Air credits) on financing.
2025 Mazda CX-70 Plug-In Hybrid
- Lease for $379 per month for 24 months with $4,819 due at signing, with $7,500 lease discount factored in.
- 0% APR for up to 36 months.
- Additional $1,000 customer cash on purchase, finance or lease.
- Separate $1,500 incentive cash on purchase (Cannot be stacked with customer cash).
- $1,500 loyalty bonus.
2025 Mazda CX-90 Plug-In Hybrid
- Lease from $329 per month for 24 months with $6,199 due at signing.
- 0% APR for up to 36 months.
- $1,000 loyalty bonus.
2024 Mercedes-Benz EQB
- Lease for $419 per month for 36 months with $4,913 due at signing, including $7,500 lease bonus cash.
- $2,000 loyalty bonus.
2024 Mercedes-Benz EQE Sedan
- Lease for $579 per month for 36 months with $6,723 due at signing.
- $3,000 loyalty bonus for select existing customers.
2024 Mercedes-Benz EQE SUV
- Lease for $699 per month for 36 months with $6,993 due at signing.
- $3,000 loyalty bonus for select existing customers.
2024 Mercedes-Benz EQS Sedan
- Lease for $849 per month for 36 months with $8,963 due at signing.
- $5,000 loyalty bonus.
2024 Mercedes-Benz EQS SUV
- Lease for $949 per month for 36 months with $9,243 due at signing.
- $5,000 loyalty bonus.
2024 Mercedes-AMG C 63e S Plug-In Hybrid
- Lease for $1,099 per month for 36 months with $6,893 due at signing.
- $2,000 loyalty bonus.
2025 Mercedes-Benz GLC 350e Plug-in Hybrid
- Lease for $599 per month for 36 months with $5,587 due at signing.
- $2,000 loyalty bonus.
2024 Mercedes-Benz GLE 450e Plug-in Hybrid
- Lease for $839 per month for 39 months with $6,333 due at signing.
- $3,000 loyalty bonus for select existing customers.
2024 Mercedes-Benz S 580e Plug-in Hybrid
- Lease for $1,399 per month for 39 months, with $8,543 due at signing.
- $5,000 loyalty bonus.
2024 Nissan Ariya
- Lease for $169 per month for 24 months with $6,219 due at signing.
- 0% APR for 36 months.
- $1,000 loyalty cash on lease and purchase.
- $7,500 customer cash on purchase.
2024 Nissan LEAF
- Lease for $199 per month for 36 months with $4,379 due at signing.
- $1,000 cash discount on lease and purchase.
- 2.9% APR for up to 60 months.
- $7,500 customer cash on financing.
2024 Polestar 2
- Up to $7,500 discount on purchases.
- 2.99% APR for up to 72 months.
2025 Polestar 3
- Lease for $599 per month for 36 months with $6,059 due at signing. (Dual motor, long range.)
- 0% APR for up to 60 months.
- $2,000 off on lease or finance for Costco members.
- $3,000 loyalty or conquest bonus on lease or purchase. Both cannot be stacked.
2025 Rivian R1S (Gen 2)
- Lease for $680 per month for 36 months with $8,575 due at signing.
- 2.99% APR for up to 60 months. (Only for Max pack with Performance upgrade.)
2025 Rivian R1T (Gen 2)
- Lease for $619 per month for 36 months with $8,539 due at signing.
- 2.99% APR for up to 60 months. (Only for Max pack with Performance upgrade.)
2024 Subaru Solterra
- Lease for $329 per month for 36 months with $329 due at signing.
- 0% APR for 72 months.
2024 Tesla Model 3
- Long-range RWD: Lease from $299 per month for 36 months with $2,999 due at signing.
- Long-range AWD: Lease from $349 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.
- 0% APR for up to 60 months on orders placed by Dec 15 and delivered by Dec 30.
- 1.99% APR for terms up to 72 months and $0 due at signing with point of sale tax credit.
2024 Tesla Model Y
- Long-range RWD: Lease from $299 per month for 36 months with $2,999 due at signing.
- Long-range AWD: Lease from $399 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.
- 0% APR for up to 60 months on orders placed by Dec 15 and delivered by Dec 30.
- 1.99% APR for terms up to 72 months and $0 due at signing with point of sale tax credit.
2024 Tesla Model S
- Standard AWD: Lease for $999 per month for 36 months with $7,500 due at signing.
- Plaid: Lease for $1,148 per month for 36 months with $7,500 due at signing.
2024 Tesla Model X
- AWD: Lease for $999 per month for 36 months with $7,500 due at signing.
- Plaid: Lease for $1,149 per month for 36 months with $7,500 due at signing.
2024 Toyota bZ4x
- Lease for $179 per month for 39 months with $3,999 due at signing.
- 0% APR for 72 months.
2024 Toyota RAV4 Plug-In Hybrid
- $6,500 lease cash on dealer inventory from participating dealers.
2024 Toyota Prius Plug-In Hybrid
- Lease for $229 per month for 36 months with $3,999 due at signing.
2024 VinFast VF9 Plus
- Lease from $529 per month for 24 months with $2,000 due at signing.
- 0% APR for 24 months.
2024 Volvo C40 Recharge
- Lease for $459 per month for 36 months with $3,949 due at signing.
- $1,000 loyalty bonus available on finance.
2024 Volvo XC40 Recharge
- Lease for $559 per month for 36 months with $4,005 due at signing.
- $1,000 loyalty bonus available on finance.
2024 Volvo S60 T8 AWD Plug-In Hybrid
- Lease for $599 per month for 36 months with $3,479 due at signing.
- $1,000 loyalty bonus available on finance.
2024 Volvo S90 T8 AWD Plug-In Hybrid
- Lease for $789 per month for 36 months with $3,515 due at signing.
- $1,000 loyalty bonus available on finance.
2024 Volvo XC60 T8 AWD Plug-In Hybrid
- Lease for $738 per month for 36 months with $0 due at signing.
- Lease for $629 per month for 36 months with $4,215 due at signing. $0 first month payment.
- 3.99% APR for up to 72 months.
- Up to $3,500 allowance on finance.
2024 Volvo XC90 T8 AWD Plug-In Hybrid
- Lease for $916 per month for 36 months with $0 due at signing.
- Lease for $699 per month for 24 months with $5,115 due at signing. $0 first month payment.
- 3.99% APR for up to 72 months.
The honeymoon phase of EV offers may be ending soon. The Trump administration could repeal the $7,500 consumer tax credit that encouraged EV adoption up until now. Even though repealing that isn't straightforward, as an act of Congress would be required, uncertainty looms over the future of the tax credits. That's why right now might be your best shot at snatching away a great deal on an EV before they potentially vanish next year, which could make most of the cars listed here more expensive.
That said, there are likely additional incentives out there, specific to certain regions or dealerships (if the brand has dealerships). You just have to 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 $4,000 point-of-sale federal incentive that your used EV may qualify for. Income restrictions apply.
If there's a solid EV deal we missed, please share it with us in the comments section below. In the meantime, let us know of any recent deal you took advantage of and how it all worked out.
