For electric vehicle shoppers, September 2025 may be one of the last great months to lock in attractive lease and finance offers. Several major automakers are dangling aggressive incentives, motivated by slowing EV sales and a looming policy shift: the federal EV lease tax credit worth up to $7,500 is set to expire on September 30, 2025. That deadline adds urgency, particularly for brands that rely on leasing to make EVs affordable.
From Tesla to Hyundai, and luxury names like Mercedes and Audi, here’s a breakdown of the best EV lease and financing deals available this month—and what buyers should know before signing.
Why This Month Matters for EV Deals
The federal government has allowed lessors (typically banks and captive finance arms of automakers) to claim the EV tax credit and pass it on as a discounted lease price. But with the program ending at the close of September, automakers are scrambling to close as many deals as possible.
After September 30, EV leases could become substantially more expensive, unless new incentives are introduced. That urgency has led many brands to roll out attractive lease rates, low monthly payments, and discounted APR financing.
For consumers, this means September may be the best opportunity in 2025 to secure a competitive EV deal.
Tesla Lease and Financing Offers
Tesla remains the volume leader in EVs, but sales growth has slowed, prompting new incentives.
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Tesla Model 3: Lease for $299/month for 36 months with $4,500 due at signing. This remains one of the lowest-cost entry points into a new EV.
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Tesla Model Y: Lease for $379/month for 36 months with $4,500 due at signing.
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Financing: Tesla is offering 0.99% APR for 72 months on certain inventory vehicles.
Tesla’s leases benefit directly from the pass-through of the $7,500 EV lease credit, which is already built into the advertised monthly payments.
Hyundai and Kia: Competitive Lease Rates
Hyundai and Kia continue to expand their EV lineups and are heavily promoting lease offers in September.
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Hyundai Ioniq 5: Lease for $249/month for 36 months with $3,999 due at signing.
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Hyundai Ioniq 6: Lease for $269/month for 36 months with $3,999 due at signing.
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Kia EV6: Lease for $279/month for 36 months with $3,999 due at signing.
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Kia EV9: Lease for $399/month for 36 months with $3,999 due at signing.
These deals are among the cheapest ways to get into a new EV this fall. Hyundai and Kia are also offering 0% APR financing for up to 60 months on select models, an unusual perk at a time of still-elevated interest rates.
Ford EV Incentives
Ford is pushing hard to move inventory of its Mustang Mach-E and F-150 Lightning.
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Mustang Mach-E: Lease for $319/month for 36 months with $4,499 due at signing.
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F-150 Lightning: Lease for $439/month for 36 months with $4,499 due at signing.
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Financing: Up to $7,500 in cash purchase incentives, plus 1.9% APR for 60 months.
Ford is balancing between appealing lease terms and outright purchase incentives, especially for truck buyers who tend to prefer ownership over leasing.
GM EV Lease Specials
General Motors is also tapping into the expiring lease credit to move vehicles.
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Chevrolet Blazer EV: Lease for $329/month for 36 months with $4,499 due at signing.
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Chevrolet Equinox EV: Lease for $289/month for 36 months with $3,999 due at signing.
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Cadillac Lyriq: Lease for $479/month for 39 months with $4,799 due at signing.
Financing deals include 0.9% APR for 60 months on the Equinox EV, making it one of the most affordable EV crossovers in its class.
Luxury Brands: Mercedes, BMW, and Audi
Premium automakers are also in the game, though their offers remain pricier than mainstream rivals.
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Mercedes EQE SUV: Lease for $569/month for 36 months with $5,999 due at signing.
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BMW i4: Lease for $459/month for 36 months with $4,999 due at signing.
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BMW iX: Lease for $729/month for 36 months with $6,299 due at signing.
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Audi Q4 e-tron: Lease for $399/month for 36 months with $4,499 due at signing.
For luxury EVs, the lease tax credit has been especially important. Without it, many of these offers would look far less competitive.
Other Notable Offers
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Nissan Ariya: Lease for $309/month for 36 months with $3,999 due at signing.
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Volkswagen ID.4: Lease for $299/month for 36 months with $3,999 due at signing.
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Toyota bZ4X: Lease for $289/month for 36 months with $3,999 due at signing.
While these models haven’t matched the sales pace of Tesla or Hyundai, the deals remain appealing for shoppers who prioritize value.
Lease vs. Buy: What to Consider
With the federal EV lease credit ending September 30, leasing is currently more attractive than buying for many shoppers. After the deadline, however, the equation may flip.
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Leasing now: Locks in the $7,500 discount, resulting in lower monthly payments.
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Buying later: Could become more appealing if automakers introduce new rebates or if interest rates continue to ease in late 2025.
Buyers should also note that lease deals vary by region, and not all advertised offers may be available nationwide. Checking local dealership inventory and terms is crucial.
The Bottom Line
September 2025 may be the last chance for EV shoppers to take advantage of the $7,500 lease credit. Automakers are aggressively promoting deals to boost sales before the policy ends, and the result is one of the most competitive EV leasing landscapes in years.
Whether you’re considering a budget-friendly Hyundai Ioniq 5, a Tesla Model Y, or a luxury option like the BMW i4, the opportunities this month are unusually strong. Consumers waiting until October may face noticeably higher costs, so moving quickly is key.
Summary of September 2025 EV Lease and Financing Offers
Automaker | Model | Lease Offer | Finance Offer |
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Tesla | Model 3 | $299/mo, 36 mo, $4,500 DAS | 0.99% APR, 72 mo |
Model Y | $379/mo, 36 mo, $4,500 DAS | 0.99% APR, 72 mo | |
Hyundai | Ioniq 5 | $249/mo, 36 mo, $3,999 DAS | 0% APR, 60 mo |
Ioniq 6 | $269/mo, 36 mo, $3,999 DAS | 0% APR, 60 mo | |
Kia | EV6 | $279/mo, 36 mo, $3,999 DAS | 0% APR, 60 mo |
EV9 | $399/mo, 36 mo, $3,999 DAS | 0% APR, 60 mo | |
Ford | Mustang Mach-E | $319/mo, 36 mo, $4,499 DAS | 1.9% APR, 60 mo + $7,500 cash |
F-150 Lightning | $439/mo, 36 mo, $4,499 DAS | 1.9% APR, 60 mo | |
GM | Blazer EV | $329/mo, 36 mo, $4,499 DAS | Standard |
Equinox EV | $289/mo, 36 mo, $3,999 DAS | 0.9% APR, 60 mo | |
Cadillac Lyriq | $479/mo, 39 mo, $4,799 DAS | Standard | |
Mercedes | EQE SUV | $569/mo, 36 mo, $5,999 DAS | Standard |
BMW | i4 | $459/mo, 36 mo, $4,999 DAS | Standard |
iX | $729/mo, 36 mo, $6,299 DAS | Standard | |
Audi | Q4 e-tron | $399/mo, 36 mo, $4,499 DAS | Standard |
Nissan | Ariya | $309/mo, 36 mo, $3,999 DAS | Standard |
VW | ID.4 | $299/mo, 36 mo, $3,999 DAS | Standard |
Toyota | bZ4X | $289/mo, 36 mo, $3,999 DAS | Standard |
Recommend Reading: EV Leasing Deals Hit Record Lows as Automakers Push to Move Inventory
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