Why August 2025 Is a Prime Time to Lease or Finance an EV

Policy Momentum: Federal push continues as incentives near expiration mid‑September. Leasing benefits still available via the $7,500 tax credit loophole.

Dealers Push Inventory: Q3 urgency has triggered deeply discounted lease and financing rates across virtually all automakers.

Manufacturers Boost Supply: Increased EV output means more flexibility—lower prices and better nationwide access.

🔝 Top EV Lease Offers (August 2025)

Tesla Lease Specials

  • Model 3 (2025):

    • RWD Long-Range: $349/mo for 24 mo, $349 due at signing

    • AWD Long-Range: $549/mo 24 mo, $549 due at signing

    • Performance: $849/mo 24 mo, $849 due at signing

    • 0.99% APR for 60 mo if $7,500 tax credit is applied at sale 

Tesla Model 3

  • Model Y (2025):

    • RWD Long‑Range: $459/mo for 36 mo, $1,000 down

    • AWD Long‑Range: $499/mo for 36 mo, $1,000 down

    • 2.99% APR up to 72 mo

A Tesla Model Y 2025

  • Model S & X (2025):

    • S AWD: $999/mo | S Plaid: $1,148/mo (36 mo, $7,500 due)

    • X AWD: $1,149/mo | X Plaid: $1,299/mo (36 mo, $7,500 due) 

Tesla model X
  • Cybertruck (2025):

    • RWD LR: $779/mo | AWD: $799/mo | Cyberbeast: $1,078/mo

    • 0% APR available with FSD purchase; tax credit usable toward downpayment 

Tesla cybertruck

Volvo EV & PHEV Offers

  • EX30 (2025): $549/mo (36 mo, $4,119 due)

  • EX90 (2025): $1,109/mo (36 mo, $5,629 due)

  • C40 Recharge (2024): $489/mo (36 mo, $3,939 due)

  • XC40 Recharge (2024): $589/mo (36 mo, $4,239 due)

  • S60 T8 PHEV (2025): $649/mo ($3,615 due)

  • XC90 T8 PHEV (2025): $819/mo ($5,169 due)

  • 4.99% APR up to 72 mo on select PHEVs

Toyota EV & Hybrid Offers

  • bZ4X (2025): $209/mo (36 mo, $3,999 due); 0% APR financing for 72 mo

  • RAV4 PHEV (2025): $329/mo (36 mo, $3,999 due), 4.99% APR for select trims 

Hyundai EV Deals

  • Ioniq 5 (2025):

  • Ioniq 6 (2025): $169/mo (24 mo); 0% APR up to 48 mo

  • Kona Electric (2025): $189/mo (24 mo); 0.99% APR

Hyundai Ioniq 5

Kia EV Offers

  • EV6 (2025): from $319/mo (24–36 mo); $1,000 conquest bonus; 0% APR for 60 mo; $5,000 purchase rebate.

  • Niro EV (2025): $129/mo (24 mo, $3,999 due); 0% APR + $7,500 dealer discount

2026 Kia EV4 Sedan Unveiled For U.S. Market - Up To 330 Miles Of Range And Interesting | EVDANCE

General Motors EV Offers (Chevrolet & GMC)

  • Chevrolet Equinox EV (2025): Lease $289/mo (24 mo, $3,909 due); 0% APR for 60 mo plus $1,250 Costco bonus

  • Chevrolet Blazer EV: 0% APR for 60 mo + Costco bonus

  • GMC Hummer EV & Sierra EV: Lease options from $749/mo (36 mo); 0% APR available 

Ford EV Offers

  • Mustang Mach-E (2025): Lease from $397/mo (36 mo, $397 down); 0% APR on stock inventory

  • F-150 Lightning (2025): Lease from $210/mo (24 mo, $6,764 due); 0% APR on many trims

Green Ford Mustang Mach-E parked on an open road.

Other Notable Brands

  • Lucid Air (2025): From $549/mo (36 mo, $3,639 due); 1.99% APR + up to $5K credits + Tesla owner trade‑in offers

Air Pure - Lucid Motors | EVDANCE

  • Genesis GV60: Lease ~ $389/mo (33 mo, $5,999 due); 5.49% APR available

  • Volkswagen ID.4 (2025): $329/mo (24 mo, $4,499 due); 0% APR 72 mo

Volkswagen ID.4

  • Volkswagen ID. Buzz (2025): $679/mo (36 mo, $5,999 due); 4.9% APR + $2,500 bonus

VW ID.Buzz adds iconic design appeal to electric MPVs | EVDANCE


🔍 What to Know About Lease vs Finance Offers

  • Federal Lease Tax Incentive Ends Sept 30: To maximize savings, time your lease before phase-out.

  • Lease = Lower Mo Payments, Mileage Limits; Finance = Ownership Equity, No End‑of‑Term Fees

  • APR Offers Often Rival Lease Rates: 0%–0.99% deals may make purchasing more appealing if you plan to keep the car.

  • Don’t Overlook Local Rebates: Numerous state and utility-based EV incentives may apply.


📌 Deal Summary Table

Brand & Model Lease Payment Term Due at Signing Finance Offer
Tesla Model 3 LR (RWD) $349/mo 24 mo $349 0.99% APR with credit
Tesla Model Y AWD $499/mo 36 mo $1,000 2.99% APR
Chevy Equinox EV $289/mo 24 mo $3,909 0% APR (60 mo) + $1,250 bonus
Hyundai Ioniq 6 SR $169/mo 24 mo ~$3,999 0% APR (48 mo)
Kia Niro EV $129/mo 24 mo $3,999 0% APR + $7,500 discount
Ford Mach‑E AWD $397/mo 36 mo $397 0% APR available
Lucid Air (2025) $549/mo 36 mo $3,639 1.99% APR + $5K credits
VW ID.4 $329/mo 24 mo $4,499 0% APR (72 mo)

🧠 Final Thoughts

August 2025 remains one of the strongest months yet to lease or finance an EV. Manufacturers are leaning in with aggressive offers, abundant inventory, zero‑percent financing, and record-low lease payments—especially as federal EV incentives near expiration. If you're EV-curious or looking to upgrade soon, act now while major incentives and availability align.

EV News

View all

A man using Chargepoint DC fast charger to charge his Tesla vehicle.

ChargePoint Unveils DC Microgrid Tech for Cheaper EV Charging

ChargePoint, in partnership with Eaton, is launching Express Grid, a DC microgrid charging system that eliminates AC-DC conversion losses, reduces costs, and saves space. The technology integrates solar, storage, and grid power for flexible, resilient EV charging. Deliveries are expected in the second half of 2026, potentially reshaping how fleets and hubs operate.

Read more

A 2026 Model Y

Tesla’s Sales Collapse in Europe as BYD Surges to Record Growth

Tesla’s grip on Europe is slipping fast. From January to July 2025, its sales plunged 43.5%, while BYD soared 251% to over 58,000 units. EV adoption in the EU hit 15.6% of the market, but Tesla struggles with an aging lineup, rising rivals, and political backlash.

Read more

2026 Volvo XC70

The New Volvo XC70: Long-Range PHEV With DC Fast Charging And V2L

The 2025 Volvo XC70 PHEV combines long-range efficiency with modern EV features. With up to 124 miles of electric range, 23-minute DC fast charging, and bidirectional V2L capability, it offers a practical bridge between fuel and electric driving, designed to meet global demand.

Read more