What are the cheapest electric cars to lease?

What is the best electric car lease deals right now?

Concurrently, if you’re cash strapped, you can typically lease a car with a lower down payment if you can afford a higher monthly rate.

  1. Smart EQ ForTwo.
  2. Fiat 500e. …
  3. Hyundai Ioniq Electric. …
  4. Volkswagen e-Golf. …
  5. Nissan Leaf. …
  6. Chevrolet Bolt EV. Lease for $299 a month for 36 months with $3,879 due at signing. …

Is leasing an electric car cheaper?

If you lease your EV from a dealership, you get even more savings to get you into an electric car without spending a fortune. For instance, if you lease, you only have to wait a short time to get your federal tax credit since that credit is part of the lease’s transaction price.

How much does leasing an electric car cost?

Arash Roghani In California, the best purchase offer on a plug-in is probably going to be the 2019 Ford Fusion Energi. Through April 1, Ford is offering 0% financing for 60 months plus a $3,000 bonus.

All EV Lease Deals.

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Effective Cost $231
Model 2021 Nissan LEAF S
Monthly Payment $199
Term 36
Due at Signing $1,149

Who makes the cheapest electric car?

Here are the 10 cheapest EVs on the market based on starting MSRP before any federal, state, or local incentives.

  • 2021 Hyundai Ioniq Electric — $33,245.
  • 2021 Hyundai Kona Electric — $37,390.
  • 2021 Tesla Model 3 — $38,490.
  • 2021 Kia Niro EV — $39,090.
  • 2021 Tesla Model Y — $39,990.
  • 2021 Volkswagen ID.4 — $39,995.


Is it worth it to lease an electric car?

If you’re considering an electric car, leasing may help protect you from risks involving the faster depreciation that can occur with electric vehicles. But with leasing, you’ll also lose out on certain tax credits that can come with buying a qualifying electric car instead.

How do I get the best deal on a car lease?

7 Steps to Getting a Great Auto Lease Deal

  1. Choose cars that hold their value. When you lease a vehicle you are paying for its depreciation, plus interest, tax and some fees. …
  2. Check leasing specials. …
  3. Price the car. …
  4. Get quotes from dealers. …
  5. Spot your best deal. …
  6. Ask for lease payments. …
  7. Close the deal.


Should I buy or lease an EV?

While buying an EV certainly sounds exciting, most advice says to lease rather than finance an EV. According to Consumer Reports, because leases are for a specific period, leasing an EV can give you access to the latest features and upgrades.

Is it smart to lease a hybrid?

Why Consider Leasing Hybrid Cars? The federal government offers tax credit for electric and plug-in hybrid cars. Those buying these cars take advantage of the credit and those who lease get to have lower monthly payments. Besides, these cars have high resale values and this lowers the lease payments greatly.

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Do you get tax credit for leasing an electric car?

If you are leasing the EV, the tax credit goes to the manufacturer that’s offering the lease, not you. The carmaker will likely factor the credit into the cost of the lease to lower your monthly payment, but it isn’t mandatory. The credits also are based on the electric vehicle’s battery size.

How much is it to lease a Tesla?

To begin, leasing prices for a 2020 Tesla Model 3 Standard Range Plus are $371 monthly for 36 months, at 10,000 miles per year, with $5,566 down (including acquisition fee) offering a total cost of $18,551. That comes out to roughly $515/mo including the down payment and acquisition fee, and $0.62 per mile.

How much is it to lease a Nissan Leaf?

2021 LEAF. As shown 2021 LEAF SL PLUS with Premium Paint (2-Tone), Splash Guards and Floor Mats $373 per month lease, with $1,149 due at signing.

How do you lease an electric car?

  1. You simply make the monthly payment, drive the car within the agreed kilometre range, and return it to us in good condition at maturity of the lease term.
  2. An EV Lease operating lease includes all costs except the electricity required to charge the car.

How long do electric cars last?

Consumer Reports estimates the average EV battery pack’s lifespan to be at around 200,000 miles, which is nearly 17 years of use if driven 12,000 miles per year.

Are electric cars dependable?

Surveys Find High Satisfaction and Reliability Issues

And both Consumer Reports and J.D. Power’s research found that electric vehicle owners typically report great satisfaction with their cars despite reliability issues. Consumer Reports now tracks electric vehicles in a separate category in each price segment.

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How much does it cost to charge an electric car at home?

Home Charging Costs

While electricity costs vary greatly, the average cost of electricity in California is about 16.58¢ per kilowatt hour (kWh). At this price point, charging a 40–kWh battery with a 150–mile range would cost about 4.42¢ per mile (or about $6.63 to fully charge).

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