The clock is running out on some of the best EV lease deals of the year. With the 25% tariff on imported EVs already hitting and the federal tax credit set to vanish after September 30, automakers are dangling some serious end-of-the-month offers. If you’ve been waiting to go electric, now’s the time. CarsDirect spotted three August EV price drops worth a look, but you’ll need to move fast, because these deals won’t last past the holiday weekend.
2025 Mercedes EQE SUV: $62 per month price drop
Mercedes is sweetening the pot on its EQE SUV as it works to move inventory. The 2025 Mercedes-Benz EQE 350+ SUV can now be leased for $629 a month for 36 months with $7,923 due at signing. That works out to an effective $849 a month – a $62 drop from previous deals. For a nearly $80,000 luxury EV, that’s not a bad offer.
But timing is key. The federal EV tax credit disappears next month, and Mercedes is set to pause US EV orders on September 1, which could make finding the right model tougher. Current incentives run through September 2, so if you’ve been eyeing an EQE, lock one in now before the market shifts.
Click here for a local dealer with the Mercedes-Benz EQE 350+ SUV in stock.–trusted affiliate link
Click here to find a local dealer with the Mercedes EQE SUV in stock.–trusted affiliate link
2025 Volkswagen ID. Buzz: $90 per month price drop
As of August 22, the 2025 Volkswagen ID. Buzz picked up a hidden $3,000 Dealer Lease Bonus – that is, dealer cash that only shows up if you lease.
That incentive knocks the Pro S trim down to $589 a month for 36 months with $5,999 due at signing. Do the math, and that’s $756 a month effective cost – a $90 drop from the earlier $846 offer. With $10,500 in total savings, this is the best deal yet on the ID. Buzz and one of the standout Labor Day EV lease offers.
Click here for a local dealer with the Volkswagen ID. Buzz in stock.–trusted affiliate link
2025 Hyundai IONIQ 5 N: $150 per month price drop
Hyundai just slashed the price on its most powerful EV yet. The 2025 IONIQ 5 N can now be leased for $549 a month for 36 months with $3,999 due at signing (10,000 miles a year). That works out to an effective $660 a month – a huge $150 drop from July.
For a track-ready performance car, that’s a steal. And unlike most performance machines, the IONIQ 5 N doesn’t guzzle gas – you can just plug it in overnight at home. Current offers run through September 2.
Click here for a local dealer with the IONIQ 5 N in stock.–trusted affiliate link
Read more: From $129 a month: 5 of the best EV lease deals in August
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