Looking to ditch gas and experience the thrill of electric driving without the commitment of buying? Leasing an EV might be the perfect option for you! Here’s a breakdown of some of the hottest electric vehicle lease deals available in July 2024:
Budget-Friendly Options:
Kia Niro EV: This compact SUV offers excellent value with a starting lease price around $247/month (prices may vary by location).
Chevrolet Bolt EV: Another great choice for city commuters, the Bolt EV boasts a spacious interior and a starting lease price under $200/month in some areas.
Feature
Kia Niro EV
Chevrolet Bolt EV
Starting Lease Price (Est.)
$247/month
Under $200/month (in some areas)
Body Style
Compact SUV
Compact hatchback
Passenger Capacity
5
5
Cargo Space (cu ft)
18.5 (rear seats up), 53.5 (rear seats folded)
16.9 (rear seats up), 56.6 (rear seats folded)
Range (Miles)
253
259
Horsepower
201 hp
200 hp
Acceleration (0-60 mph)
7.8 seconds
6.5 seconds (slightly faster)
Standard Features
* Android Auto & Apple CarPlay
* Android Auto & Apple CarPlay
* Heated and ventilated front seats (may vary by trim)
* Heated seats (may vary by trim)
* Driver-assistance features (lane departure warning, blind spot monitoring, etc.)
* Driver-assistance features (lane departure warning, forward collision alert, etc.)
Available Features
* Sunroof
* Sunroof
* Wireless phone charging
* Wireless phone charging (may vary by trim)
* Larger touchscreen display
* Heated steering wheel (may vary by trim)
Here’s a quick breakdown of the key differences:
Price: The Bolt EV might have a slight edge with potentially lower lease prices in some areas.
Cargo Space: Though both offer decent cargo space, the Niro EV provides a bit more room, especially with the seats folded down, making it a more practical option for hauling stuff.
Features: While both offer essential features like Android Auto/Apple CarPlay and driver-assistance tech, the Niro EV might have a slight edge with heated/ventilated seats and a potentially larger touchscreen display (depending on trim level).
Choosing the right car depends on your priorities:
Focus on affordability: Go for the Bolt EV if you prioritize the lowest possible monthly payment.
Need more cargo space: The Niro EV offers more versatility for carrying passengers and cargo.
Looking for extra comfort features: The Niro EV might be a better choice with its heated/ventilated seat options and potentially larger touchscreen.
Range Champions:
Tesla Model 3: The iconic Model 3 isn’t the cheapest lease, but its impressive range and performance make it a compelling option. Look for deals starting around $350/month.
Hyundai IONIQ 5: With a spacious interior and a range exceeding 300 miles, the IONIQ 5 offers excellent value for longer trips. You might find leases starting around $267/month.
Long-Range Electric Vehicle Lease Champions (2024)
This table compares the lease price estimates, range, and some key features of two popular long-range electric vehicles:
Feature
Tesla Model 3
Hyundai IONIQ 5
Starting Lease Price (Est.)
$350/month
$267/month
Range (Miles)
272-358 (depending on model)
303-320 (depending on model)
Body Style
Sedan
Mid-size CUV
Passenger Capacity
5
5 (standard) or 7 (optional)
Cargo Space (cu ft)
15 cu ft
27.2 cu ft (rear seats up), 59.3 cu ft (rear seats folded)
Acceleration (0-60 mph)
3.1-5.8 seconds (depending on model)
5.2 seconds (all models)
Standard Features
* Android Auto & Apple CarPlay
* Android Auto & Apple CarPlay
* Panoramic sunroof
* Panoramic sunroof (available)
* Heated and ventilated front seats
* Heated and ventilated front seats (available)
* Driver-assistance features (lane departure warning, blind spot monitoring, etc.)
* Driver-assistance features (lane departure warning, forward collision alert, etc.)
Key Differences to Consider:
Price: The IONIQ 5 boasts a potentially more affordable lease price.
Body Style & Space: If you need more cargo space and passenger flexibility, the IONIQ 5’s CUV design offers a clear advantage.
Performance: The Tesla Model 3 offers a wider range of acceleration options, with some models achieving impressive performance figures.
Choosing the right car depends on your priorities:
Focus on affordability and practicality: The IONIQ 5 offers more space and potentially lower lease payments.
Prioritize performance and sporty feel: The Tesla Model 3, particularly the higher-performance trims, delivers exhilarating acceleration.
Luxury Leases:
Audi e-tron: This sleek SUV delivers a luxurious electric driving experience. Leases typically start around $500/month.
Tesla Model S: For those seeking the ultimate in electric luxury, the Model S remains a top choice. Expect lease prices to start north of $700/month.
Luxury Electric Vehicle Lease Showcase (2024)
This table provides a comparison of lease price estimates, range, and key features for two popular luxury electric vehicles:
Feature
Audi e-tron
Tesla Model S
Starting Lease Price (Est.)
$500/month
Over $700/month
Body Style
Mid-size SUV
Full-size Sedan
Passenger Capacity
5
5 (standard) or 7 (optional)
Cargo Space (cu ft)
28.8 cu ft (rear seats up), 57.0 cu ft (rear seats folded)
18.4 cu ft (rear seats up), 88.5 cu ft (rear seats folded)
Range (Miles)
222-248 (depending on model)
405-440 (depending on model)
Horsepower
355-402 hp (depending on model)
348-1,020 hp (depending on model)
Acceleration (0-6.0 mph)
5.5-6.5 seconds (depending on model)
2.1-3.2 seconds (depending on model)
Standard Features
* Panoramic sunroof
* Panoramic sunroof
* Heated and ventilated front seats
* Heated and ventilated front and rear seats
* Premium sound system
* Premium sound system
* Advanced driver-assistance features (adaptive cruise control, lane centering, etc.)
* Advanced driver-assistance features (Autopilot)
Key Differences to Consider:
Price: The Audi e-tron offers a potentially more affordable lease option.
Body Style & Space: If you need more cargo room and passenger flexibility, the Model S provides a significant advantage with its full-size sedan design.
Performance: Tesla takes the lead here, with some Model S trims boasting class-leading acceleration figures.
Choosing the right car depends on your priorities:
Focus on value and practicality: The Audi e-tron might be a better choice with its potentially lower lease price and spacious SUV design.
Prioritize performance and cargo space: The Model S offers exhilarating acceleration and unmatched cargo capacity for a luxury sedan.
Test drive both vehicles to experience their unique features and driving dynamics before making your final decision.
Remember: These are just a few examples, and lease deals can vary depending on location, dealer incentives, and your credit score.
Here are some additional tips for finding the best EV lease deal:
Shop around: Get quotes from multiple dealerships before making a decision.
Consider mileage limitations: Leases often have mileage restrictions, so factor in how much you typically drive.
Factor in hidden costs: Don’t forget to consider any additional fees associated with the lease, such as down payments or excess mileage charges.
Ready to make the switch to electric? With fantastic lease deals available, there’s no better time to experience the excitement and eco-friendliness of electric vehicles!
