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

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.

Recommend Reading: The Impact of Trump’s Big Beautiful Bill on the EV Leasing Market

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