Electric vehicle lease deals have reached unprecedented levels this April, with multiple models available below $200 per month as automakers aggressively subsidize leases to move inventory and hit federal EV sales targets.
Top Lease Deals
All deals below are $0 due at signing unless noted, based on 36-month terms with 10,000 miles/year.
- Chevrolet Equinox EV 2LT: $179/month ($0 DAS) — best overall value
- Hyundai Ioniq 5 SE: $189/month ($0 DAS)
- Nissan Ariya Engage: $199/month ($999 DAS)
- Volkswagen ID.4 Standard: $199/month ($0 DAS)
- Chevrolet Blazer EV LT: $219/month ($0 DAS) — mid-size SUV standout
Why Leases Are So Cheap
Automaker subsidies, strong residual values, and the commercial clean vehicle tax credit (which lease companies claim, passing savings to consumers) combine to make EV leasing dramatically cheaper than purchasing. At $179/month with no money down, the Equinox EV is cheaper to lease than many economy sedans.
