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 |

Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
- Best Rebates, Incentives, and Lease Deals
- Latest Car Buying Scams and Tricks
- The Best & Worst Time to Buy a Car
- Which Cars You Should Avoid
About The Author

Latest Weekly Car Buying Tips
June 2023
- Top 100 Cheapest New Cars for 2023 Jun 01, 2023
- Best Car Deals Around the Country Jun 01, 2023
- Real Prices of New Compact SUVs Jun 01, 2023
- Cheapest Luxury Lease Deals Jun 01, 2023
May 2023
- Best Memorial Day Car Deals May 25, 2023
- Best Car Deals by Category May 25, 2023
- Worst Cars to Lease Right Now May 25, 2023
- Real Prices of Midsize SUVs May 25, 2023
- Top 100 Cheapest Lease Deals May 18, 2023
- Cars With the Largest Rebates May 18, 2023
- Real Prices of Large SUVs May 18, 2023
- New Cars You Should Wait to Buy May 18, 2023
- Best Bang for Your Buck Lease Deals May 11, 2023
- Best Electric, Hybrid Lease Deals May 11, 2023
- New Cars with the Most Available Inventory May 11, 2023
- Real Prices of Pickup Trucks May 11, 2023
- Best 0% Finance Deals May 2023 May 04, 2023
- Biggest Discounts on New Cars May 04, 2023
- Price Comparison of Subcompact SUVs May 04, 2023
- Lease Deals with Loyalty & Conquest Rebates May 04, 2023