AUTO

October’s Best EV Lease Deals, Starts at Just $159/Month

October 3, 2024

EV lease deals offer lower monthly payments and less commitment than buying.
Many deals include federal tax credits up to $7,500, reducing costs.
Top brands like Tesla, Hyundai, and Ford have competitive lease offers, with some as low as $159/month.

Looking for the best EV lease deals this season? You’re in luck. Leasing an electric vehicle (EV) has never been more appealing, especially with automakers competing to offer some of the most affordable and attractive offers around.

Whether you’re eyeing a luxury SUV or an efficient compact EV, there’s something for everyone. Driving electric not only helps reduce your carbon footprint but also lets you enjoy the latest tech features without the hassle of full ownership.

Plus, with leasing, you’re often looking at lower monthly payments, full warranty coverage, and a new ride every few years. Sound good? Let’s dive into the best EV lease deals out there right now.

Why Lease an EV?

Leasing an EV can be a smart financial move. Not only do you avoid the higher upfront costs of buying, but you also get access to the latest models without a long-term commitment. This means lower monthly payments, fewer maintenance headaches, and no need to worry about reselling the vehicle.

And with the current market trends, EV lease deals are more competitive than ever, thanks to recent price drops from brands like Tesla and Hyundai. That said, some deals also factor in hefty incentives, like the U.S. government’s tax credit of up to $7,500. Keep in mind that while you won’t be eligible for this credit directly, many dealerships roll it into the lease, so always ask before signing on the dotted line.

If you’re looking for the best EV lease deals, CarsDirect is a great resource to help you find the most competitive offers on the market. Below, I’ve put together an alphabetical list of some of the best EV lease deals available, ranging from high-performance sedans to family-friendly SUVs.

Alfa Romeo EV Lease Deals

2024 Alfa Romeo Tonale electric SUV — _{2024 Alfa Romeo Tonale. (Photo courtesy of Alfa Romeo)}

2024 Alfa Romeo TONALE Ti EAWD: $389 per month for 24 months with $6,550 due at signing (includes a $7,250 EV incentive)

Audi EV Lease Deals

2024 Audi Q4 Sportback e-ron 55 Premium AWD SUV: $489 per month for 36 months with $4,683 due at signing.
2024 Audi Q5 e 55 S line Premium Quattro SUV: $549 per month for 36 months with $6,243 due at signing.
2024 Audi Q8 e-tron Premium Quattro SUV: $599 per month for 36 months with $6,493 due at signing.

BMW EV Lease Deals

2024 2025 BMW i7 all electric car test drive at Electrify Expo Long Beach — _{2024 BMW i7 all electric car test drive at Electrify Expo.}

2024 BMW i4 eDrive35 (4 Series): $449 per month for 36 months with $4,869 due at signing.
2024 BMW i4 xDrive40 (4 Series): $529 per month for 36 months with $5,729 due at signing.
2024 BMW i4 M50 (4 Series): $599 per month for 36 months with $6,299 due at signing.
2024 BMW i5 eDrive40 (4 Series): $649 per month for 36 months with $6,499 due at signing.
2025 BMW i5 xDrive40: $699 per month for 36 months with $6,649 due at signing.
2024 BMW i7 eDrive50 Sedan (7 Series): $999 per month for 36 months with $7,919 due at signing.
2024 BMW i7 xDrive60 Sedan: $1,179 per month for 36 months with $9,169 due at signing.
2024 BMW i7 M70 Sedan: $1,699 per month for 36 months with $11,699 due at signing.

Cadillac EV Lease Deals

2024 Cadillac LYRIQ: $3,000 lease credit for current lessees of luxury brands.

Chrysler EV Lease Deals

2024 Chrysler Pacifica Plug-in Hybrid: $479 per month for 39 months with $3,859 due at signing.

Ford EV Lease Deals

Ford Mustang Mach-E and F-150 Lightning test drive at Electrify Expo Long Beach

2024 Ford Mustang Mach-E Premium AWD: $366 per month for 36 months with $5,575 due at signing.
2024 Ford F-150 Lightning XLT Standard Range: $550 per month for 36 months with $7,059 due at signing.

Genesis EV Lease Deals

2024 Genesis G80: $399 per month for 13 months with $5,999 due at signing, and $579 per month for 33 months with $5,999 due at signing.
2024 Genesis GV60: $339 per month for 33 months with $5,999 due at signing, and $379 per month for 13 months with $3,999 due at signing.
2025 Genesis GV70: $499 per month for 24 months with $5,999 due at signing, and $579 per month for 33 months with $5,999 due at signing.
2024 Genesis GV60 N: $899 per month for 36 months with $3,999 due at signing (includes a $7,500 EV Lease Bonus).

Hyundai EV Lease Deals

Electrify Expo San Francisco test ride demo Hyundai IONIQ 5, Rivian R1T

2024 Hyundai IONIQ 5 SE Standard Range: $159 per month for 24 months with $3,999 due at signing (includes $7,500 EV Lease Bonus).
2024 Hyundai IONIQ 5 SE: $209 per month for 24 months with $3,999 due at signing (includes $7,500 EV Lease Bonus).
2024 Hyundai IONIQ 6 SE Standard Range: $219 per month for 24 months with $3,999 due at signing (includes $7,500 EV Lease Bonus).
2024 Hyundai IONIQ 6 SE: $259 per month for 24 months with $3,999 due at signing (includes $7,500 EV Lease Bonus).
2024 Hyundai Kona Electric SE: $413 per month for 24 months with $2,026 due at signing (includes $7,500 EV Lease Bonus).
2024 Hyundai Kona Electric SEL: $376 per month for 24 months with $2,166 due at signing (includes $7,500 EV Lease Bonus).
2024 Hyundai Tucson Plug-In Hybrid SEL: $299 per month for 36 months with $3,999 due at signing.
2024 Hyundai Tucson Plug-In Hybrid Limited: $414 per month for 36 months with $3,994 due at signing.
2025 Hyundai IONIQ 5 N: $899 per month for 36 months with $3,999 due at signing (includes $7,500 EV Lease Bonus).

Kia EV Lease Deals

Kia will offer NACS adapters for the EV6 and EV9 in 2025, giving access to 16,500+ DC fast chargers and Tesla Superchargers.

2025 Kia Sportage Plug-in Hybrid X-Line AWD: $279 per month for 24 months with $3,999 due at signing, and $289 per month for 36 months with $3,999 due at signing.
2024 Kia Sportage Plug-in Hybrid X-Line AWD: $259 per month for 24 months with $3,999 due at signing, and $269 per month for 36 months with $3,999 due at signing.
2025 Kia Sorento Plug-in Hybrid EX AWD: $359 per month for 24 months with $3,999 due at signing, and $369 per month for 36 months with $3,999 due at signing.
2024 Kia EV6 Light Long Range RWD: $179 per month for 24 months with $3,999 due at signing, and $229 per month for 36 months with $3,999 due at signing.
2024 Kia EV6 Light Long Range AWD: $229 per month for 24 months with $3,999 due at signing, and #279 per month for 36 months with $3,999 due at signing.
2024 Kia Niro Plug-in Hybrid EX FWD: $249 per month for 24 months with $3,499 due at signing, and $259 per month for 36 months with $3,499 due at signing.
2024 Kia Niro EV Wind: $169 per month for 24 months with $3,999 due at signing, and $219 per month for 36 months with $3,999 due at signing.
2024 Kia EV9 Light Long Range RWD: $349 per month for 24 months with $4,999 due at signing, and $399 per month for 36 months with $4,999 due at signing.
2024 Kia EV9 Wind AWD: $399 per month for 24 months with $4,999 due at signing, and $449 per month for 36 months with $4,999 due at signing.

Lexus EV Lease Deals

Electrify Expo Orlando Hankook EV Demo District Lexus RZ 450e TX 500h

2025 Lexus NX 450h+ AWD: $639 per month for 36 months with $3,999 due at signing ($7,500 Lease Cash).
2024 Lexus RZ 300e Premium FWD: $39 9 per month for 36 months with $1,999 due at signing ($16,500 Lease Cash).
2024 Lexus RZ 450e Premium AWD: $429 per month for 36 months with $1,999 due at signing ($18,500 Lease Cash).
2024 Lexus RX 450h+ Luxury Plug-in Hybrid AWD: $799 per month for 36 months with $4,999 due at signing ($7,500 Lease Cash).

Lucid EV Lease Deals

2024 Lucid Air test drive and demo at Electrify Expo Denver

2024 Lucid Air Pure: $549 per month for 36 months with $5,549 due at signing (includes $15,000 Air Credit and EV Credit).
2024 Lucid Air Touring: $649 per month for 36 months with $6,149 due at signing (includes $12,500 Air Credit and EV Credit).
2024 Lucid Air Grand Touring: $849 per month for 36 months with $7,349 due at signing (includes $17,500 Air Credit and EV Credit).

Mercedes-Benz EV Lease Deals

2024 Mercedes-Benz EQE 350+ Sedan: $579 per month for 36 months with $6,723 due at signing (includes $7,500 Lease Bonus Cash).
2024 Mercedes-Benz EQE 350 4MATIC Sedan: $619 per month for 36 months with $7,213 due at signing (includes $7,500 Lease Bonus Cash).
2024 Mercedes-Benz EQE 500 4MATIC Sedan: $719 per month for 36 months with $7,933 due at signing (includes $7,500 Lease Bonus Cash).
2024 Mercedes-Benz AMG EQE 4MATIC Sedan: $999 per month for 36 months with $9,693 due at signing (includes $7,500 Lease Bonus Cash).
2024 Mercedes-Benz EQS 450+ Sedan: $849 per month for 36 months with $8,963 due at signing (includes $7,500 Lease Bonus Cash).
2024 Mercedes-Benz EQS 450 4MATIC Sedan: $919 per month for 36 months with $9,313 due at signing (includes $7,500 Lease Bonus Cash).
2024 Mercedes-Benz EQS 580 4MATIC Sedan: $1,019 per month for 36 months with $11,313 due at signing (includes $7,500 Lease Bonus Cash).
2024 Mercedes-Benz AMG EQS 4MATIC Sedan: $1,299 per month for 36 months with $12,723 due at signing (includes $7,500 Lease Bonus Cash).
2024 Mercedes-Benz EQS 450+ SUV: $849 per month for 36 months with $9,143 due at signing (includes $7,500 Lease Bonus Cash).
2024 Mercedes-Benz EQS 450 4MATIC SUV: $869 per month for 36 months with $9,613 due at signing (includes $7,500 Lease Bonus Cash).
2024 Mercedes-Benz EQS 580 4MATIC SUV: $999 per month for 36 months with $11,493 due at signing (includes $7,500 Lease Bonus Cash).

Nissan EV Lease Deals

Electrify Expo San Francisco test ride demo Nissan Ariya

2024 Nissan ARIYA ENGAGE FWD: $289 per month for 24 months with $4,189 due at signing, includes $1,000 Loyalty Cash for current Nissan and Infiniti owners & lessees.
2025 Nissan LEAF S (40 kWh): $279 per month for 36 months with $2,299 due at signing.
2025 Nissan LEAF SV PLUS (60 kWh): $349 per month for 36 months with $2,299 due at signing.

Polestar EV Lease Deals

Polestar 2 and 3 at Electrify Expo Seattle

2025 Polestar 3 Long Range Dual Motor: $699 per month for 36 months with $6,699 due at signing, includes$7,500 Clean Vehicle Noncash Incentive
2024 Polestar 2 Long Range Single Motor: $10,000 Clean Vehicle Incentive applied to the lease

Porsche EV Lease Deals

Electrify Expo San Francisco test ride demo Porsche Taycan

2024 Porsche Taycan: $899 per month for 39 months with $9,709 due at signing, includes a $7,500 Clean Vehicle Lease Tax Credit Pass-Through.
2024 Porsche Macan Electric: $830 per month for 39 months with $10,088 due at signing.

Rivian EV Lease Deals

2025 Rivian R1S Adventure Dual Standard: $649 per month for 24 months with $8,544 due at signing.
2025 Rivian R1T Adventure Dual Standard: $619 per month for 24 months with $8,514 due at signing.

Tesla EV Lease Deals

2024 Tesla Model Y Long Range Rear-Wheel Drive: $439 per month for 36 months with $2,999 due at signing.
2024 Tesla Model Y Long Range All-Wheel Drive: $449 per month for 36 months with $2,999 due at signing.
2024 Tesla Model Y Performance All-Wheel Drive: $599 per month for 36 months with $2,999 due at signing.
2024 Tesla Model 3 Long Range Rear-Wheel Drive: $389 per month for 36 months with $2,999 due at signing.
2024 Tesla Model 3 Long Range All-Wheel Drive: $399 per month for 36 months with $2,999 due at signing.
2024 Tesla Model 3 Performance All-Wheel Drive: $649 per month for 36 months with $2,999 due at signing.
2024 Tesla Model X All-Wheel Drive: $1,209 per month for 36 months with $7,500 due at signing.
2024 Tesla Model X Plaid: $1,469 per month for 36 months with $7,500 due at signing.
2024 Tesla Model S All-Wheel Drive: $1,139 per month for 36 months with $7,500 due at signing.
2024 Tesla Model S Plaid: $1,389 per month for 36 months with $7,500 due at signing.

Toyota EV Lease Deals

2024 Toyota RAV4 Prime SE (Plug-in Hybrid): $439 per month for 36 months with $2,999 due at signing ($6,500 cash incentive applied as a capitalized cost reduction).
2024 Toyota RAV4 Prime XSE (Plug-in Hybrid): $509 per month for 36 months with $2,999 due at signing ($6,500 cash incentive applied as a capitalized cost reduction).

Volvo EV Lease Deals

Electrify Expo Orlando Hankook EV Demo District Volvo XC40 X40

2024 Volvo XC40 Recharge Core: $559 per month for 36 months with $4,005 due at signing, includes $7,500 Lease Allowances.
2024 Volvo C40 Recharge Core: $459 per month for 36 months with $3,949 due at signing, includes $7,500 Lease Allowances.

Lock in Your EV Lease Deal Before October 31

These EV lease deals have something for everyone, whether you’re after a compact city car or a luxurious SUV. With competitive rates and incentives, now’s the perfect time to go electric. But don’t wait! These offers expire on October 31, and inventory is moving fast.

Visit your local dealership or check out CarsDirect to find the best EV lease deals available and secure your perfect vehicle today!

IMAGES: ELECTRIFY EXPO

FTC: We use income-earning auto affiliate links. Learn more.

AUTHOR:

RANDI BENTIA

All Posts From Author