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Best Electric, Hybrid Lease Deals

Here is my latest compilation of all advertised lease deals on electric vehicles, hybrids, and plug-in hybrids for the month of May 2024. I pull all of these deals directly from each manufacturer's web site and clean up the offers so you can easily compare the best "bang for your buck" deals.

Each lease deal is re-calculated with zero down payment so you can compare apples to apples (I also include acquistion fees into the monthly payment). Note that payments don't include tax, title, and other regional fees to keep it a fair comparison. Keep in mind some of these deals may only be available in certain regions.

For those wondering about the Inflation Reduction Act EV tax credit of up to $7,500 - that only applies if you purchase the vehicle. But the good news is there's somewhat of a loophole. In most cases, the manufacturers get the credit when a vehicle is leased, and some are passing the tax rebate into the lease deal, which is why electric vehicles tend to have better "bang for your buck" scores.

The "Bang for your Buck" column is calculated by dividing MSRP by monthly payment. Deals with "bang for bucks above" 80 are excellent.

As always, I recommend you use TrueCar No Haggle and CarsDirect

Electric Vehicle Lease Deals

Rank Vehicle MSRP Monthly Payment $0 Down Bang for Buck Local Deals
1 2023 Toyota bZ4X XLE $44,544 $228 195
2 2024 Toyota bZ4X XLE $45,345 $308 153
3 2023 Subaru Solterra Premium $46,220 $313 150
4 2024 Subaru Solterra Premium $46,340 $337 138
5 2024 Hyundai Ioniq 6 SE Standard Range $38,650 $290 133
6 2023 Kia Niro EV Wind $40,875 $313 131
7 2024 Hyundai Ioniq 5 SE Standard Range $43,175 $341 127
8 2023 Kia EV6 Wind $50,025 $404 124
9 2024 Kia Niro EV Wind $40,975 $341 120
10 2024 Audi Q4 e-tron 50 Premium $56,395 $491 117
11 2024 Kia EV6 Light Long Range $47,325 $417 114
12 2024 Audi e-tron GT Premium Plus $107,995 $980 110
13 2024 Cadillac Lyriq Tech Preferred $59,465 $563 106
14 2023 Nissan Ariya Ariya Engage 63 kWh $45,105 $429 105
15 2024 Genesis GV70 $67,800 $655 104
16 2024 Audi Q8 e-tron Premium Plus $81,840 $793 102
17 2024 Audi Q8 e-tron Sportback S line Premium $78,995 $777 102
18 2024 Kia EV9 Wind $65,395 $643 102
19 2024 BMW iX xDrive50 $90,595 $888 102
20 2024 GMC HUMMER EV Pickup e4WD 2X $99,720 $1,001 100
21 2023 Volvo C40 Recharge Twin Core $56,395 $579 97
22 2024 Tesla Model 3 Standard Range $38,990 $410 95
23 2024 Genesis GV60 Standard $53,350 $564 95
24 2024 Volkswagen ID.4 Pro S $49,995 $535 93
25 2023 Mercedes EQS SUV EQS 580 4MATIC $127,100 $1,380 92
26 2023 Mercedes EQS Sedan EQS 580 4MATIC $127,100 $1,385 92
27 2023 Mercedes EQE Sedan EQE 350+ $76,050 $847 90
28 2024 GMC HUMMER EV SUV e4WD 2X $99,720 $1,124 89
29 2024 BMW i4 xDrive40 $64,445 $728 89
30 2024 Tesla Model Y Long Range $44,990 $513 88
31 2024 Mercedes EQE SUV AMG EQE $110,450 $1,249 88
32 2023 Mercedes EQE SUV EQE 350+ $79,050 $911 87
33 2023 Mercedes EQB EQB 250+ $55,150 $633 87
34 2024 Honda Prologue EX 1 Speed $48,795 $575 85
35 2023 Volvo XC40 Recharge Twin Plus $57,345 $682 84
36 2023 Ford Mach-E GT $54,195 $645 84
37 2024 Genesis G80 $75,625 $904 84
38 2024 BMW i7 eDrive50 $106,695 $1,275 84
39 2024 Mercedes EQS Sedan EQS 580 4MATIC $128,500 $1,555 83
40 2024 BMW i5 eDrive40 $69,795 $862 81
41 2024 Nissan LEAF S $29,810 $373 80
42 2025 BMW i5 xDrive40 $72,925 $913 80
43 2024 Jaguar I-PACE $77,356 $991 78
44 2023 Ford F-150 Lightning Platinum $93,990 $1,436 67
45 2024 Ford F-150 Lightning XLT $65,090 $1,056 62
46 2024 Tesla Model S Plaid $87,990 $1,512 58
47 2024 Tesla Model X Plaid $92,990 $1,666 56
48 2024 Ford Mach-E Mustang Mach-E Rally $61,890 $1,098 56

Hybrid Lease Deals

Rank Vehicle MSRP Monthly Payment $0 Down Bang for Buck Local Deals
49 2024 Toyota Tundra i-FORCE MAX Max LTD $66,724 $787 86
50 2024 Lexus NX 450h+ $64,410 $750 86
51 2024 Hyundai Tucson N Line $38,030 $485 79
52 2024 Toyota Crown XLE $41,445 $540 78
53 2024 Toyota Highlander LE $42,365 $551 77
54 2024 Lexus RX 500h F Sport Performance $69,325 $927 76
55 2024 Toyota Grand Highlander XLE $48,373 $637 76
56 2024 Toyota Corolla Cross CUV SE $30,890 $412 75
57 2024 Lexus UX 250h Premium $42,470 $566 75
58 2024 Kia Niro LX $28,315 $377 75
59 2024 Honda CR-V Sport $35,400 $475 75
60 2024 Kia Sorento EX $38,365 $517 74
61 2024 Toyota RAV4 LE $33,075 $458 74
62 2024 Toyota Prius LE $30,444 $413 74
63 2024 Toyota Sienna LE $39,490 $544 73
64 2024 Honda Accord Sport $33,990 $480 71
65 2024 Hyundai Santa Fe SEL $38,345 $539 71
66 2024 Toyota Sequoia SR5 $69,688 $989 70
67 2024 Lexus ES 300h $48,540 $706 70
68 2024 Hyundai Elantra Limited $30,600 $437 70
69 2024 Hyundai Sonata SEL $31,950 $455 70
70 2024 Kia Sportage LX $31,765 $460 69
71 2025 Toyota Camry SE $32,437 $470 69
72 2024 Toyota Venza LE $36,929 $541 68
73 2023 Ford Explorer Platinum $55,865 $842 66
74 2023 Toyota Tundra i-FORCE MAX Max LTD $66,307 $1,003 66
75 2024 Toyota Camry LE $29,950 $457 66
76 2023 Ford Escape ST-Line $34,835 $550 63
77 2024 Toyota Corolla LE $24,595 $401 63
78 2024 Ford Escape ST-Line Elite $41,105 $678 61

Plug-In Hybrid Lease Deals

Rank Vehicle MSRP Monthly Payment $0 Down Bang for Buck Local Deals
79 2024 Jeep Wrangler 4xe 4-door Sahara $59,760 $512 117
80 2023 Jeep Grand Cherokee 4xe $65,505 $597 108
81 2023 Kia Sorento $51,315 $513 100
82 2024 Toyota Prius Prime SE PHV $34,404 $352 98
83 2024 Audi Q5 e 55 S line Premium $60,645 $624 97
84 2023 Mitsubishi Outlander PHEV SE S-AWC $43,975 $460 96
85 2024 Toyota RAV4 Prime SE PHV $47,014 $503 93
86 2023 Kia Sportage X-Line $40,015 $435 92
87 2024 Kia Sorento SX Prestige $51,665 $565 92
88 2024 Jeep Grand Cherokee 4xe $62,285 $678 92
89 2024 Mazda CX-90 Preferred $51,400 $567 91
90 2024 Kia Sportage X-Line $40,965 $452 91
91 2024 Mitsubishi Outlander PHEV SE S-AWC $44,910 $510 88
92 2024 Hyundai Tucson SEL $40,100 $459 87
93 2024 Kia Niro EX $35,765 $413 87
94 2024 Volvo XC60 Recharge T8 Plus Dark $63,695 $762 84
95 2023 Chrysler Pacifica Touring L $53,985 $650 83
96 2024 Volvo XC90 Recharge T8 Core Bright $73,195 $922 79
97 2024 BMW 3 Series 330e xDrive $51,595 $743 69
98 2024 BMW 7 Series 750e xDrive $109,745 $1,615 68
99 2023 Ford Escape Phev $41,995 $664 63
100 2024 Chrysler Pacifica Select $52,360 $834 63
101 2025 BMW X5 xDrive50e $75,825 $1,214 62
102 2024 Ford Escape Phev $41,995 $693 61






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About The Author

Gregg Fidan Gregg Fidan is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.

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