As electric vehicles (EVs) continue to evolve and gain popularity, leasing deals are becoming increasingly attractive. This month, prospective lessees can secure some of the latest EV models for less than $200 a month, including the 2025 Hyundai IONIQ 5 and Kia EV6.
Despite recent challenges such as potential tariff increases and the Trump administration’s threats to cut federal incentives, the EV market is thriving with new models and competitive pricing. Automakers have reported impressive sales figures in early 2025, with GM maintaining its position as the second-largest EV seller behind Tesla. The arrival of the Equinox, Blazer, and Silverado EVs has positioned Chevy as the fastest-growing EV brand in the U.S., while Ford’s Mustang Mach-E has enjoyed its strongest sales start yet, moving over 11,600 units in Q1.
Competitive EV Lease Deals Available Now
This April, automakers are rolling out new 2025 models and enticing deals to move inventory. The decade-old Nissan LEAF remains a budget-friendly choice at $149 per month. However, new entrants like the 2025 Hyundai IONIQ 5 offer compelling alternatives. Hyundai has introduced a 24-month lease for the IONIQ 5 at $199 monthly, with $3,999 due upon signing.
The IONIQ 5 boasts significant enhancements, including a larger battery that extends its range to 318 miles, a revamped design, and a Tesla-compatible NACS charging port. The SE RWD Standard Range variant, offering a 245-mile range, starts at $199 a month, while the SE RWD model with a 318-mile range and 225 horsepower comes in at $229 monthly for a similar lease term.
Hyundai sweetens the deal by offering a free ChargePoint Home Flex Level 2 EV charger with the lease or purchase of any 2024 or 2025 IONIQ 5. Alternatively, lessees can opt for a $400 public charging credit if they already own a charger.
Meanwhile, Nissan has made its 2025 Ariya more affordable than the LEAF in some areas. In Southern California, the Ariya Evolve AWD is available for $129 per month, featuring a 272-mile range, under a 36-month lease with $4,409 due at signing. Elsewhere, the lease price is around $239.
Kia joins the fray with several sub-$200 lease options. The 2025 Kia Niro EV Wind is listed at $129 for 24 months with $3,999 due at signing, offering a 253-mile range. Additionally, the 2024 Kia EV6 is offered at $179 for a similar term, with the Light Long Range RWD trim delivering up to 310 miles of range.
| Lease Price | Term (months) | Amount Due at Signing | Driving Range | |
| 2025 Hyundai IONIQ 5 SE RWD Standard Range | $199 | 24 | $3,999 | 245 miles |
| 2024 Kia EV6 Light Long Range RWD | $179 | 24 | $3,999 | 310 miles |
| 2024 Kia Niro EV Wind | $129 | 24 | $3,999 | 253 miles |
| 2025 Nissan Ariya Evolve AWD | $129 | 36 | $4,409 | 272 miles |
| 2025 Nissan LEAF S FWD | $149 | 36 | $2,629 | 149 miles |
| 2024 Fiat 500 INSPI(RED) | $199 | 24 | $2,999 | 149 miles |
The 2024 Fiat 500e rounds out the list at $199 per month with a 24-month term and $2,999 due at signing, offering a 149-mile range. Those seeking options beyond this price range can explore further EV lease deals under $300 a month.
These competitive lease offers make now an opportune time to consider an EV lease. Explore local deals to seize these savings.
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Original Story at electrek.co