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Volkswagen Raises ID.Buzz Lease Bonus and Monthly Cost Drops
Volkswagen raises the 2025 ID.Buzz lease bonus to $10,500, cutting monthly costs to $589. The deal ends September 30 with limited availability.
EV Leasing Deals Hit Record Lows as Automakers Push to Move Inventory
Electric vehicle leases in the U.S. have hit record lows, with some dropping under $100 a month. Automakers are using deep discounts and federal tax credits to move inventory before incentives expire in September. EVs now lease for less on average than gas cars, fueling a surge in demand.
Tesla Leads Industry Price Cuts as U.S. EV Sales Hit Record Highs
U.S. EV sales surged in July, reaching the second-highest monthly total on record. Tesla led the way with sharp price cuts and expanded incentives, while industrywide discounts hit historic highs. Automakers are racing to boost sales before the $7,500 federal EV tax credit expires on October 1, creating a surge of short-term demand that could reshape the market in the coming quarter.
Used EV Prices Are Falling Fast—Here’s Why That’s Great News for Savvy Buyers