Environment

From $129 a month: 5 of the best EV lease deals in August

From 9 a month: 5 of the best EV lease deals in August

Time’s ticking for snagging a great EV lease deal. With the 25% tariff on imported EVs already in place and the federal tax credit disappearing on September 30, automakers are rolling out serious deals. If you’re thinking about going electric, now’s the moment. Here are some of the best August EV lease deals our friends at CarsDirect found.

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2025 Honda Prologue at a Tesla Supercharger (Source: Honda)

2025 Honda Prologue lease from $159/month

Honda’s throwing down a wild lease deal on the 2025 Prologue if you’re in the right state. For a limited time, you can drive off in the all-electric SUV for the equivalent of just $200/month, but there’s a twist. Instead of monthly payments, Honda’s offering a rare One Pay Lease: you drop $4,800 upfront for a 24-month lease. That’s it. No monthly bills, and you save nearly 2% compared to standard rates.

If paying all at once isn’t in the cards, there’s still an option to pay $159/month for 24 months with $1,099 due at signing. Either way, the Prologue ranks among the cheapest new electric SUVs to lease right now.

There are some strings, though. These ultra-low prices are only available in California and other CARB states, and they include a $3,500 loyalty or conquest bonus, so you’ll need to be coming from a Honda lease or ready to ditch another brand.

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These deals rely on the EV lease loophole to pass through the $7,500 tax credit. Once that disappears on September 30, expect prices to jump. At that point, buying might make more sense than leasing.

Click here to find a local dealer that may have the Honda Prologue in stock. –trusted affiliate link

2025 Volkswagen ID.4 lease from $129/month

Volkswagen just slashed the ID.4 lease – and it’s a big one. Right now, you can lease the 2025 ID.4 Pro RWD for just $129/month for 24 months with 10,000 miles a year. That works out to an effective cost of only $233/month, making it $264 less than it was before.

This isn’t just a good deal – it’s practically interest-free. The previous lease rate hovered around 1%, but now it’s basically 0%. On top of that, VW is stacking up to $9,250 in lease cash depending on which trim you pick. Even the base Pro RWD gets $7,500 in incentives. This deal only runs through August 31.

Click here to find a local dealer that may have the Volkswagen ID.4 in stock. –trusted affiliate link

Hyundai-EV-IONIQ-5

2025 Hyundai IONIQ 5 lease from $149/month

Hyundai just dropped one of the best EV lease deals of the summer. The refreshed 2025 Hyundai IONIQ 5 SE Standard Range is going for $149/month for 36 months (10,000 miles a year) with $3,999 due at signing. That brings the effective monthly cost to just $260 – a nearly $100 drop from July’s offer. This deal is available through September 2.

If you’ve got little wiggle room in your budget, the SE Long Range might be worth the upgrade at $189/month with the same upfront cost – only $40 more a month for a lot more range.

Click here to find a local dealer that may have the Hyundai IONIQ 5 in stock. –trusted affiliate link

Hyundai-free-charger-EVs-IONIQ-6
2025 Hyundai IONIQ 6 Limited (Source: Hyundai)

2025 Hyundai IONIQ 6 lease from $169/month

The 2025 Hyundai IONIQ 6 SE Standard Range is going for $169/month for 24 months (12,000 miles a year) with $3,999 due at signing. That pencils out to an effective cost of $336/month, and with the current lease cash, it’s a solid bargain.

Hyundai is offering up to $11,750 in lease cash on the IONIQ 6, plus an extra $1,000 Inventory Coupon if you lease a car that’s been sitting on the lot for 180+ days. That’s even more than July’s offer.

These offers are good through September 2, so if sleek, efficient, and affordable is your vibe, the IONIQ 6 is a solid choice.

Click here to find a local dealer that may have the Hyundai IONIQ 6 in stock. –trusted affiliate link

2025-Subaru-Solterra
2025 Subaru Solterra (Source: Subaru)

2025 Subaru Solterra lease from $279/month

The 2025 Subaru Solterra just became one of the most affordable EVs to lease. It’s going for $279/month for 36 months with just $279 due at signing. That brings the effective monthly cost to just $287, an incredible deal for an all-electric SUV with an MSRP pushing $40,000.

To put it in perspective: the 2025 Honda CR-V Hybrid has an effective monthly cost of $486. So yeah, the Solterra wins this round. This offer’s available through September 2.

Click here to find a local dealer that may have the Subaru Solterra in stock. –trusted affiliate link


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