Best EV Lease Deals and Financing Offers in February 2026

How the EV Incentive Landscape Has Shifted

Electric vehicle pricing has moved through several distinct phases in recent years. At first, limited model availability meant modest discounts and little room to negotiate. Later, as production scaled and leasing structures allowed lenders to apply the $7,500 federal incentive, monthly payments dropped sharply.

That changed when the federal credit expired at the end of September. Since then, manufacturers have been forced to adjust. Some brands replaced part of the lost incentive with factory-backed discounts or subsidized financing. Others have maintained similar lease structures but without fully offsetting the former government support.

The result is a fragmented market. Incentives now vary widely not only by brand, but also by region, trim level, and dealership participation.

How We Evaluated February’s Offers

This overview includes every automaker currently selling a battery-electric or plug-in hybrid vehicle in the U.S. Incentives were reviewed using a California ZIP code as a baseline, though offers may differ depending on state-level rebates and dealer programs.

Lease pricing typically excludes taxes, registration, documentation charges, and end-of-term fees. Approval depends on credit, and advertised figures assume qualifying customers. As always, shoppers should confirm details directly with local retailers and compare multiple quotes before committing.

Consumers unfamiliar with lease structures may benefit from researching money factors, residual values, and acquisition fees. Independent negotiation forums can also provide benchmarks to determine whether an offer is competitive.

2025 Alfa Romeo Tonale Plug-In Hybrid

Lease for $391 per month for 39 months with $4,999 due at signing.

2026 Audi S E-Tron GT Sedan

No current offers

2026 Audi RS E-Tron GT Sedan

No current offers

2026 Audi A6 E-Tron

No current offers

2026 Audi Q4 E-Tron

No current offers

2026 Audi Q6 E-Tron

No current offers

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2026 BMW i4

Lease starts at $499 per month for 36 months and $4,759 due at signing.
3.99% APR for up to 60 months.
$3,750 purchase credit.
$1,000 loyalty credit.

2026 BMW i5

Lease for $649 per month for 36 months with $5,999 due at signing.
3.99% APR for up to 60 months.
$3,750 purchase credit.
$2,000 loyalty credit.

2026 BMW i7

Lease for $969 per month for 36 months with $8,669 due at signing.
3.99% APR for 60 months.
$7,500 purchase credit.
$5,000 loyalty credit.

2026 BMW iX

Lease for $699 per month for 36 months with $5,259 due at signing.
3.99% APR for up to 60 months.
$7,500 purchase credit.
$2,000 loyalty credit.

2026 bmw ix3

2026 BMW 550e xDrive Plug-In Hybrid

Lease for $759 per month for 36 months with $6,699 due at signing.
3.99% APR for 60 months.
$2,000 loyalty credit.

2026 BMW 750e xDrive Plug-In Hybrid

No current offers

2026 BMW X5 xDrive50e Plug-In Hybrid

Lease for $999 per month for 39 months with $7,199 due at signing.
2.99% APR for up to 60 months.
$2,000 loyalty credit.

2025 Cadillac Optiq

Lease for $349 per month for 24 months with $4,849 due at signing.
2.9% APR for 60 months plus $2,000 cash allowance.
$2,000 conquest discount on lease for buyers coming from rival brands.
$1,000 Costco member discount.

2026 Cadillac Lyriq

Lease for $469 per month for 24 months with $4,879 due at signing.
2.9% APR for 60 months plus $2,000 cash allowance.
$2,000 conquest discount on lease or purchase for buyers coming from rival brands.
Up to $1,250 Costco member discount.

2026 Cadillac Vistiq

Lease for $649 per month for 24 months with $7,309 due at signing.
2.9% APR for 60 months plus $2,000 cash allowance.
$2,000 conquest discount on lease or purchase for buyers coming from rival brands.
$1,000 Costco member discount.

2026 Cadillac Escalade IQ

No current incentives

2026 Cadillac Escalade IQ

2026 Chevrolet Equinox EV

Lease for $259 per month for 39 months with $3,309 due at signing.
$8,000 bonus cash for non-base models
$10,000 cash allowance for RS models

2026 Chevrolet Blazer EV

Lease for $449 per month for 24 months with $3,379 due at signing.
1.9% APR for 36 months plus $750 competitive cash
$1,000 bonus cash.

2025 Chevrolet Silverado EV

Lease for $469 per month for 24 months with $12,759 due at signing.
0% APR for 60 months
$4,000 bonus cash

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2026 Chrysler Pacifica Plug-In Hybrid

No current offers

2025 Dodge Charger Daytona

0% APR for 72 months
$7,750 bonus cash allowance

2026 Dodge Charger 4-Door

No Current offers

2025 Dodge Hornet R/T Plug-In Hybrid

$6,250 bonus cash allowance

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2025 Fiat 500e

No current offers.

2025 Ford F-150 Lightning

Lease options from $462 per month for 24 months with $462 due at signing. (XLT trim)
$6,000 bonus cash.
0% APR for 72 months plus $3,000 bonus cash

2025 Ford Mustang Mach-E

Lease from $358 per month for 36 months with $358 due at signing.
$4,000 bonus cash.
0% APR for 72 months and $2,000 bonus cash.

2025 Ford Escape Plug-In Hybrid

No current offers

Ford F-150

2026 Genesis GV60

Lease for $569 per month for 24 months with $5,999 due at signing.
$5,000 bonus cash

2026 Genesis Electrified GV70

Lease for $719 per month for 24 months with $5,999 due at signing.
$5,000 bonus cash

2025 GMC Hummer EV Pickup

Lease for $999 per month for 36 months with $7,309 due at signing.

2025 GMC Hummer EV SUV

Lease from $1,099 per month for 36 months with $8,049 due at signing.

2026 GMC Sierra EV

Lease for $599 per month for 36 months with $8,919 due at signing.

Man driving GMC Hummer EV

2026 Honda Prologue

0.99% APR for up to 60 months.

2026 Honda CR-V Fuel Cell PHEV

Lease for $299 per month for 36 months with $1,299 due at signing.

2026 Hyundai Ioniq 5

0% APR for up to 60 months.
SE: lease for $259 per month for 24 months with $3,999 due at lease signing.
SEL: lease for $299 per month for 24 months with $3,999 due at lease signing.
$10,000 bonus cash on all trims
0% APR for 72 months plus $5,000 off

2025 Hyundai Ioniq 6

0% APR for up to 60 months.
SE: lease for $199 per month for 24 months with $3,999 due at lease signing.
SEL: lease for $239 per month for 24 months with $3,999 due at lease signing.
$7,500 bonus cash

2026 Hyundai Ioniq 9

S: lease for $369 per month for 36 months with $4,999 due at lease signing.
SE: lease for $399 per month for 36 months with $4,999 due at lease signing.
0% APR for 72 months plus $3,000 off
$10,000 bonus cash

2026 Hyundai Tucson Plug-In Hybrid

SEL: lease for $329 per month for 36 months with $3,999 due at lease signing.
Limited: lease for $439 per month for 36 months with $3,999 due at lease signing.

2025 Hyundai Ioniq 5 N

N: lease for $699 per month for 36 months with $3,999 due at lease signing.
1.99% APR for 60 months

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2025 Jeep Wagoneer S

0% APR for 72 months.
$15,250 bonus cash for returning owners and lessees.

2025 Kia EV6

$10,000 customer cash plus $1,500 on select configurations.
Light: lease for $309 a month for 24 months with $3,999 due at signing.
Light Long Range: lease for $339 a month for 36 months with $3,999 due at signing.
Light Long Range AWD: lease for $359 a month for 24 months with $3,999 due at signing.
Light Long Range AWD: lease for $389 a month for 36 months with $3,999 due at signing.
Finance 0% for 72 months, including $3,500 bonus cash.

2026 Kia EV9

$10,000 customer cash.
Finance: 0% APR for 60 months, plus $3,500 bonus cash.
Light Long Range: lease for $409 a month for 24 months with $3,999 due at signing.
Light Long Range: lease for $439 a month for 36 months with $3,999 due at signing.
Wind AWD: lease for $469 a month for 24 months with $3,999 due at signing.
Wind AWD: lease for $499 a month for 36 months with $3,999 due at signing.

2025 Kia Niro EV

$10,000 customer cash.
Wind: Lease for $159 a month for 24 months with $3,999 due at signing.
Wind: Lease for $209 a month for 36 months with $3,999 due at signing.
Finance for 0% APR for 72 months, including $3,500 bonus cash.

2025 Kia Niro Plug-In Hybrid

$2,000 customer cash.
EX FWD: $259 a month for 24 months with $3,499 due at signing.
Wind: Lease for $209 a month for 36 months with $3,499 due at signing.
Finance for 0% APR for 60 months.

2025 Kia Sportage Plug-In Hybrid

X-Line AWD: lease for $269 a month for 24 months with $3,999 due at signing.
X-Line AWD: lease for $279 a month for 36 months with $3,999 due at signing.
Finance for 0% APR for 60 months.

2026 Kia Sportage Plug-In Hybrid

X-Line AWD: lease for $299 a month for 24 months with $3,999 due at signing.
X-Line AWD: lease for $309 a month for 36 months with $3,999 due at signing.
Finance for 0% APR for 48 months.

2025 Kia Sorento Plug-In Hybrid

$4,000 customer cash.
0% APR for 60 months.
EX AWD: lease for $389 a month for 24 months with $3,999 due at signing.
EX AWD: lease for $399 a month for 36 months with $3,999 due at signing.

2026 Kia Sorento Plug-In Hybrid

$2,000 customer cash.
0% APR for 48 months.
EX AWD: lease for $429 a month for 24 months with $3,999 due at signing.
EX AWD: lease for $439 a month for 36 months with $3,999 due at signing.

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2026 Lexus RZ

Lease from $389 per month for 42 months with $3,999 due at signing.
0% APR for up to 72 months with $5,000 finance cash.
$5,000 bonus cash.

2025 Lucid Air

Lease from $629 per month for 39 months with $6,249 due at signing (for current non-Lucid owners or lessees).
2.99% APR for up to 72 months plus $7,500 bonus cash.
$12,500 Lucid Air credits.
$2,000 loyalty offer for previous Lucid customers.
$3,000 bonus cash for inventory models.

2025 Lucid Gravity

Lease from $799 per month for 39 months with $6,149 due at signing.
1.99% APR for up to 72 months.
$7,500 credit for Grand Touring models.

2026 Mazda CX-70 Plug-In Hybrid

Lease for $346 per month for 36 months with $3,999 due at signing.
0.9% APR for up to 36 months.
$2,000 customer cash
$750 loyalty cash.

2026 Mazda CX-90 Plug-In Hybrid

Lease from $571 per month for 36 months with $3,999 due at signing.
0.9% APR for up to 60 months.
$2,000 customer cash
$750 loyalty cash.

2025 Mercedes-Benz EQB

Lease for $409 per month for 36 months with $5,453 due at signing.
1.99% APR for up to 24 months.

2025 Mercedes-Benz EQE Sedan

Lease for $719 per month for 36 months with $7,313 due at signing.
1.99% APR for up to 24 months.

2025 Mercedes-Benz EQE Sedan

Lease for $859 per month for 36 months with $6,333 due at signing.
1.99% APR for up to 24 months.

2025 Mercedes-Benz EQS Sedan

Lease for $1,019 per month for 36 months with $9,913 due at signing.
1.99% APR for up to 24 months.

2025 Mercedes-Benz EQS SUV

Lease for $949 per month for 36 months with $9,943 due at signing.
1.99% APR for up to 24 months.

2025 Mercedes-AMG C 63e S Plug-In Hybrid

Lease for $899 per month for 36 months with $8,123 due at signing.
1.99% APR for up to 24 months.

2025 Mercedes-AMG E 53 Hybrid Sedan (PHEV)

Lease for $1,099 per month for 36 months with $8,843 due at signing.
1.99% APR for up to 24 months.

2025 Mercedes-Benz GLC 350e Plug-in Hybrid

Lease for $579 per month for 36 months with $5,973 due at signing.
1.99% APR for up to 24 months.

2025 Mercedes-Benz GLE 450e Plug-in Hybrid

Lease for $799 per month for 36 months with $7,253 due at signing.
1.99% APR for up to 24 months.

2025 Mercedes-Benz S 580e Plug-In Hybrid

Lease for $1,449 per month for 36 months with $12,393 due at signing.
1.99% APR for up to 24 months.

2025 Mercedes-Benz G 580 EQ Technology SUV

Lease for $1,949 per month for 36 months with $14,743 due at signing.

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2025 Mini Countryman SE

$269 per month for 39 months with $4,699 due at signing.
0.9% APR for 48 months.

2026 Nissan LEAF

Lease for $469 per month for 48 months with $3,889 due at signing (SV Plus).
4.9% APR for 60 months.

2025 Polestar 3

Lease for $549 per month for 27 months with $5,499 due at signing.
2.99% APR for 60 months and $18,000 bonus cash.
$18,000 bonus cash.
$1,000 loyalty bonus.

2026 Polestar 4

Lease for $599 per month for 39 months with $5,599 due at signing.
2.99% APR for 60 months and $7,500 bonus cash.
$10,000 bonus cash.
$1,000 loyalty bonus.

2025 Porsche Macan Electric

No current offers.

2026 Rivian R1S

0% APR for 60 months on Dual Performance, Tri, and Quad models.
$5,000 bonus cash.
$1,500 off Dual Standard

2026 Rivian R1T

0% APR for 60 months on Dual Performance, Tri, and Quad models.
$5,000 bonus cash.
$1,500 off Dual Standard

2026 Subaru Solterra

Lease for 299 per month for 36 months with $2,799 due at signing.
0% APR for 75 months.

2026 Tesla Model 3

Standard RWD: Lease from $399 per month for 36 months with $3,000 due at signing.
Premium RWD: Lease from $449 per month for 36 months with $3,000 due at signing.
Long Range AWD: Lease from $549 per month for 36 months with $3,000 due at signing.
Performance AWD: Lease from $699 per month for 36 months with $3,000 due at signing.
2.99% APR for 72 months on Premium and Performance models.

2026 Tesla Model Y

Standard RWD: Lease from $459 per month for 36 months with $3,000 down.
Standard AWD: Lease from $499 per month for 36 months with $3,000 down.
Premium RWD: Lease from $559 per month for 36 months with $3,000 down.
Premium AWD: Lease from $669 per month for 36 months with $3,000 down.
Performance AWD: Lease from $799 per month for 36 months with $3,000 down.
0% APR for up to 72 months on Standard versions.

2026 Tesla Model S

AWD: Lease for $1,549 per month for 36 months with $7,500 due at signing.
Plaid: Lease for $1,749 per month for 36 months with $7,500 due at signing.
Free lifetime Supercharging and FSD included.
3.99% APR for up to 72 months.

2026 Tesla Model X

AWD: Lease for $1,699 per month for 36 months with $7,500 due at signing.
Plaid: Lease for $1,849 per month for 36 months with $7,500 due at signing.
Free lifetime Supercharging and FSD included.
3.99% APR for up to 72 months.

2025 Tesla Cybertruck

AWD: Lease for $849 per month for 36 months with $5,000 down.
Cyberbeast: Lease for $1,729 per month for 36 months with $5,000 down.
3.99% APR for up to 60 months.
Free lifetime Supercharging and FSD included on Cyberbeast.

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2026 Toyota bZ

Lease for $279 per month for 36 months with $3,999 due at signing.
$5,000 bonus cash
0% APR for 72 months.

2025 Toyota RAV4 Plug-In Hybrid

No current offers.

2026 Toyota Prius Plug-In Hybrid

No current offers

2025 VinFast VF8

Lease for $379 per month for 36 months with $2,999 due at signing.
0% APR for up to 84 months with $4,100 bonus cash.

2024 VinFast VF9

0% APR for up to 84 months with $7,500 bonus cash.

2026 Volkswagen ID.4

Lease for $499 per month for 36 months with $5,499 due at signing.
1.9% APR for 60 months.
$3,000 bonus cash.

2025 Volkswagen ID. Buzz

$7,500 bonus cash.

2026 Volvo EX30

Lease for $389 per month for 36 months with $4,169 due at signing.
0.99% APR for up to 36 months and $2,000 Volvo allowance.
$4,000 bonus cash.

2026 Volvo EX40 (Formerly XC40 Recharge)

Lease for $569 per month for 36 months with $5,149 due at signing.
0.99% APR for up to 36 months.
$2,000 bouns cash.

2025 Volvo EX90

Lease for $759 per month for 36 months with $6,799 due at signing.
0% APR for up to 36 months and $2,500 Volvo allowance.
$10,000 bonus cash.

2026 Volvo XC60 T8 AWD Plug-In Hybrid

Lease for $729 per month for 36 months with $6,039 due at signing.
0.99% APR for up to 36 months.
$2,000 bonus cash.

2026 Volvo XC90 T8 AWD Plug-In Hybrid

Lease for $889 per month for 39 months with $5,729 due at signing.
0.99% APR for up to 36 months.
$2,000 bonus cash.

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Practical Advice for Shoppers

Before signing any contract, verify all line items, including acquisition fees and disposition charges. Avoid making decisions under time pressure. If a dealership declines to provide clear lease breakdowns in writing, consider seeking alternatives.

Regional incentives may further reduce effective cost, and certified pre-owned electric vehicles can offer additional value for budget-conscious buyers.

February’s landscape demonstrates that, even without federal support, competitive EV pricing persists across many segments. Careful comparison shopping remains the most reliable way to capture the strongest deal available.

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