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Best Electric, Hybrid Lease Deals

November 7, 2019

This week, I compiled all advertised lease deals from manufacturer web sites to find out which electric vehicles, hybrids, and plug-in hybrids offer the best "bang for your buck" deals.

I calculated each lease deal with zero down payment so you can compare apples to apples. Note that payments don't include tax, title, and other fees and the deals may only be available in certain regions.

The "Bang for your Buck" column is calculated by dividing MSRP by monthly payment. Deals with "bang for bucks above" 100 are excellent and those below are ranked from great to terrible. Keep in mind, you may be able to negotiate even better deals - these are just the advertised terms, some brands such as Ford don't include any dealer discounts in the advertised lease deals, which means you could likely end up with lower monthly payments.

Of note this month, Hyundai is still offering incredible deals on the 2019 Ioniq Electric (NY region), but they're hard to find on dealer lots. I confirmed this deal is real, but you need to call a bunch of dealers to find ones in stock.

As always, I recommend you use TrueCar No Haggle and Edmunds Price Promise to quickly see the lowest lease prices you can get on any of these vehicles in your local area.

Electric Vehicle Lease Deals

Rank Vehicle Trim MSRP Monthly Payment $0 Down Bang for Buck
1 2019 Hyundai Ioniq $31,245 $105 299
2 2018 Smart fortwo $24,650 $165 149
3 2019 Smart EQ fortwo $24,650 $175 141
4 2019 BMW i8 $152,195 $1,211 126
5 2019 Fiat 500e $34,705 $288 121
6 2019 BMW i3 $47,595 $408 117
7 2019 Nissan LEAF S $30,885 $274 113
8 2019 Kia Niro EV EX $39,545 $407 97
9 2019 Chevrolet Bolt LT $37,495 $401 93
10 2019 Hyundai Kona $38,045 $428 89
11 2019 Jaguar I-PACE S $69,500 $943 74

Hybrid Lease Deals

Rank Vehicle Trim MSRP Monthly Payment $0 Down Bang for Buck
1 2019 Lexus RX $51,900 $533 97
2 2019 Kia Niro LX $24,945 $261 96
3 2020 Lexus NX $42,143 $438 96
4 2019 Ford Fusion SE $28,550 $304 94
5 2019 Lexus LS $84,015 $905 93
6 2019 Lexus ES $48,370 $518 93
7 2019 Lincoln MKZ Standard $36,990 $405 91
8 2020 Lexus RX $56,265 $617 91
9 2020 Lexus ES $49,095 $553 89
10 2019 Hyundai Sonata $26,680 $307 87
11 2019 Lexus UX $35,453 $409 87
12 2020 Toyota Corolla LE $24,279 $281 86
13 2019 Toyota Camry LE $29,604 $346 86
14 2019 Hyundai Ioniq $23,330 $274 85
15 2020 Kia Optima $30,235 $355 85
16 2019 Toyota Highlander LE $38,334 $460 83
17 2020 Ford Fusion SE $28,995 $348 83
18 2020 Toyota Camry LE $29,205 $365 80
19 2019 Toyota RAV4 LE $29,650 $373 80
20 2019 Toyota Prius L Eco $24,989 $316 79
21 2020 Toyota Avalon XLE $40,759 $596 68

Plug-In Hybrid Lease Deals

Rank Vehicle Trim MSRP Monthly Payment $0 Down Bang for Buck
1 2018 Mitsubishi Outlander PHEV SEL S-AWC $36,015 $331 109
2 2019 Ford Fusion Energi Titanium $35,590 $358 99
3 2019 Mitsubishi Outlander PHEV SEL S-AWC $37,175 $386 96
4 2019 Kia Niro LX $29,545 $312 95
5 2019 Hyundai Sonata $34,330 $364 94
6 2020 Kia Optima $37,015 $393 94
7 2019 Chevrolet Volt LT $34,395 $369 93
8 2020 Ford Fusion Titanium $35,995 $390 92
9 2020 Volvo XC90 T8 Momentum $68,640 $753 91
10 2019 Hyundai Ioniq $26,280 $293 90
11 2020 Mitsubishi Outlander PHEV SEL S-AWC 1AT $37,405 $426 88
12 2020 Volvo XC60 T8 Momentum $54,945 $648 85
13 2019 Audi e-tron Premium Plus $75,795 $937 81
14 2020 Volvo S90 T8 R-Design $64,840 $839 77
15 2019 Chrysler Pacifica Touring Plus $41,740 $566 74
16 2019 Honda Clarity $34,330 $462 74
17 2020 Toyota Prius Prime LE $28,814 $417 69

My Recommendation for Car Shoppers

TrueCar and Edmunds are the quickest way to see the lowest car prices in your area. These sites show you no-haggle prices from dealers closest to you - and the deals are usually really good. This should be the first step you take when negotiating your car price. Follow this up with my checklist to make sure you squeeze out every last bit of savings.
- Gregg Fidan

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Gregg Fidan

About: 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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