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Best Electric, Hybrid Lease Deals

Here is the latest compilation of all advertised lease deals on electric vehicles, hybrids, and plug-in hybrids for the month of May 2023. 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 Audi e-tron GT Premium Plus $106,395 $1,091 98
2 2023 Audi e-tron Premium $71,995 $772 95
3 2023 Kia Niro EV Wind $40,875 $439 93
4 2023 Audi Q4 e-tron 40 Premium $50,995 $546 93
5 2023 Hyundai Kona EV EV SE EV Automatic Transmission $34,885 $381 92
6 2023 Volvo C40 Recharge Twin Plus $57,945 $668 87
7 2023 Hyundai Ioniq 5 SE Standard Range Automatic Transmission $42,785 $534 80
8 2023 Volkswagen ID.4 PRO S $48,995 $623 79
9 2023 Kia EV6 Wind () $50,025 $632 79
10 2024 BMW iX iX xDrive50 $90,595 $1,149 79
11 2023 Genesis G80 $80,950 $1,041 78
12 2023 BMW iX iX xDrive50 $87,995 $1,131 78
13 2023 Hyundai Ioniq 6 SE Automatic Transmission $46,615 $605 77
14 2023 Subaru Solterra Base $46,220 $611 76
15 2023 Volvo XC40 Recharge Twin Plus $57,345 $765 75
16 2023 Genesis GV60 Advanced $60,415 $819 74
17 2023 Toyota bZ4X XLE Electric 1SPEED $45,103 $624 72
18 2023 Genesis GV70 Advanced $66,975 $943 71
19 2023 Nissan LEAF S $29,135 $412 71
20 2023 Tesla Model 3 $40,240 $580 69
21 2023 Tesla Model Y $47,240 $683 69
22 2023 Lexus RZ 450E Premium $61,055 $894 68
23 2023 Mazda MX-30 $35,485 $529 67
24 2023 Porsche Taycan $110,950 $1,670 66
25 2023 Ford Mach-E GT $61,795 $932 66
26 2023 Tesla Model X $97,490 $1,604 61
27 2023 Tesla Model S $87,490 $1,450 60
28 2023 Chevrolet Bolt LT $29,670 $514 59

Hybrid Lease Deals

Rank Vehicle MSRP Monthly Payment $0 Down Bang for Buck Local Deals
29 2023 Toyota Highlander LE $41,955 $511 82
30 2023 Toyota Tundra i-FORCE MAX Max LTD 10AT $62,179 $770 81
31 2023 Toyota Venza LE $35,829 $468 77
32 2023 Toyota Sienna LE $38,344 $507 76
33 2023 Lexus RX 350H Premium $55,150 $721 76
34 2024 Lexus NX 350H $46,630 $604 76
35 2023 Toyota Camry LE $29,750 $391 76
36 2023 Lexus UX 250H $38,890 $518 75
37 2023 Toyota Sequoia LTD 10AT $70,288 $955 74
38 2023 Toyota Prius LE -F $30,359 $410 74
39 2023 Honda CR-V Sport $35,745 $485 74
40 2023 Lexus NX 350H Premium $48,920 $663 74
41 2023 Toyota Corolla LE $24,145 $332 73
42 2023 Toyota RAV4 LE $32,560 $466 70
43 2023 Lexus ES 300H $48,220 $688 70
44 2023 Honda Accord Sport $32,990 $479 69
45 2023 Kia Sorento EX $38,015 $552 69
46 2023 Kia Niro LX $27,915 $404 69
47 2023 Toyota Crown XLE -F $41,045 $603 69
48 2023 Hyundai Santa Fe Blue HEV Automatic Transmission $37,545 $554 68
49 2023 Kia Sportage LX $30,615 $455 67
50 2022 Ford Explorer Platinum $53,870 $821 65
51 2023 Hyundai Tucson Blue Automatic Transmission $32,685 $525 62
52 2022 Ford Escape Titanium $36,590 $592 62
53 2023 Ford Explorer Platinum $55,415 $905 61
54 2023 Hyundai Sonata Blue Automatic Transmission $29,365 $496 59
55 2023 Hyundai Elantra Limited Automatic Transmission $30,265 $523 58
56 2023 Ford Escape ST-Line $34,835 $627 55

Plug-In Hybrid Lease Deals

Rank Vehicle MSRP Monthly Payment $0 Down Bang for Buck Local Deals
57 2023 Jeep Wrangler 4xe Willys 4xe $58,920 $547 108
58 2022 Jeep Grand Cherokee 4xe 4xe $61,660 $594 104
59 2023 Jeep Grand Cherokee 4xe 4xe $62,155 $700 88
60 2023 Audi Q5 e 55 S line Premium Plus $64,130 $746 86
61 2023 Toyota Prius Prime SE -F $34,249 $417 83
62 2024 Lexus NX 450H+ $61,960 $770 80
63 2023 Volvo S60 Recharge Ultimate Black $59,045 $764 77
64 2023 BMW 5 Series 530e xDrive $62,345 $832 75
65 2023 Toyota RAV4 Prime SE $43,675 $593 75
66 2023 Kia Sorento SX Prestige $51,315 $712 72
67 2023 Volvo XC60 Recharge Plus Dark $62,545 $879 71
68 2023 BMW 3 Series 330e xDrive $49,495 $722 69
69 2023 Volvo XC90 Recharge Ultimate Dark $80,495 $1,136 69
70 2022 Chrysler Pacifica Touring L $50,595 $737 69
71 2023 Kia Sportage X-Line $40,015 $587 68
72 2023 Volvo V60 Recharge Polestar Engineered $71,645 $1,053 68
73 2023 Kia Niro EX $35,165 $521 67
74 2023 Chrysler Pacifica Limited $56,490 $848 67
75 2023 Hyundai Santa Fe SEL Conv Phev Automatic Transmission $43,745 $678 65
76 2024 BMW X5 xDrive50e $75,995 $1,198 64
77 2023 Volvo S90 Recharge Ultimate $71,595 $1,177 61
78 2023 Hyundai Tucson Phev SEL Automatic Transmission $38,835 $652 60
79 2022 Ford Escape SE $36,950 $629 59
80 2023 Ford Escape Phev $41,995 $790 53






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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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