Listed here are the most affordable EVs you may lease in Might at beneath $300/mo

Who stated you needed to break the financial institution to drive an EV? Proper now, there are a number of EV offers for beneath $300 a month which are arduous to cross up. Nonetheless, the financial savings could not final lengthy. Listed here are the most affordable EVs you may get your palms on this Might.

Least expensive EVs you may lease this Might

After a document yr with over 1.3 million EVs bought within the US in 2024, the pattern is predicted to proceed in 2025, with round 15 new fashions arriving.

Almost 300,0000 electrical automobiles had been bought in the primary three months of the yr. New Acura, Chevy, Honda, and Porsche EVs helped drive gross sales increased.

Common Motors bought over 30,000 EVs in Q1, surpassing Ford and Hyundai Motors to change into the second-best vendor of EVs behind Tesla. Chevy is now the fastest-growing EV model with the brand new Equinox, Blazer, and Silverado EVs sparking progress.

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Honda and Acura are entering into the sport, promoting over 14,000 EVs within the US within the first quarter, which is up from zero only a yr in the past.

In response to the newest information from S&P World Mobility (by way of Automotive Information), new fashions, together with the Honda Prologue and Chevy Equinox EV, pushed EV registrations up 20% in March. Each can be found to lease for beneath $300 this month.

Hyundai and Kia stay among the many least expensive EVs in Might

Kia and Hyundai proceed to supply a number of the most inexpensive, environment friendly electrical automobiles in the marketplace. The Niro EV is among the least expensive EVs you may lease in Might at simply $129 per 30 days.

The brand new 2025 IONIQ 5now with extra vary and a Tesla NACS charging port, and the IONIQ 6 are arriving with vital reductions.

Final month, Hyundai launched a promo giving those that purchase or lease a brand new 2024 or 2025 mannequin yr IONIQ 5 or IONIQ 6 a free ChargePoint Degree 2 house charger. If you have already got one, you may also go for a $400 public charging credit score.

Honda Prologue and Acura ZDX

Honda’s electrical SUV is on a scorching streak. Within the second half of 2024, the Prologue was the second-best-selling electrical SUV behind the Tesla Mannequin Y. By way of April, Honda’s electrical SUV remained a high vendor with practically 11,500 fashions bought.

With an ultra-low lease charge of simply $239 per 30 days, the Prologue is much more inexpensive than a Civic this month. No marvel gross sales are surging.

Honda launched the 2025 mannequin earlier this month, which now presents extra vary (as much as 308 miles) and energy, however retains the identical low beginning value.

This month, Acura’s luxurious electrical SUV is cheaper to lease than the Honda CR-V. The ZDX might be leased for as little as $299 for twenty-four months. With solely $2,999 due at signing, the efficient value is simply $424 per 30 days. In some states, ZDX reductions attain as excessive as $28,000additionally making it extra inexpensive than a Civic to lease this month.

Chevy Blazer and Equinox EVs

Chevy’s new electrical SUVs are rapidly rolling out. The electrical Equinox was among the many high 5 best-selling EVs within the last three months of 2024. Each might be leased for beneath $300 a month this Might. The Blazer EV remains to be barely costlier, at $3,879. Remember the fact that the Blazer EV deal additionally features a $1,000 trade-in bonus.

The electrical Equinox SUV, or “America’s most inexpensive +315 miles vary EV,” as Chevy calls it, is even cheaper than the gasoline mannequin this month with as much as $8,500 in financial savings.

Chevy’s new 2025 Equinox is much more inexpensive at simply $289 for twenty-four months. With $2,399 due at signing, you’ll pay solely $389 per 30 days.

Ford F-150 Lightning and Mustang Mach-E

Ford’s F-150 Lightning overtook the Tesla Cybertruck to regain its title as America’s best-selling electrical pickup in March. The Mach-E stays one of many top-selling EVs with over 14,500 fashions bought via April.

Ford is sweetening the take care of a free Degree 2 house charger for any EV buy or lease via its “Energy Promise,” together with a number of different advantages.

Toyota BZ4x and Subaru Solterra

Japanese automakers are beginning to discover their rhythm. Toyota bZ4X and Subaru Solterra gross sales are lastly selecting up. With an efficient value of solely $287 per 30 days, the Solterra will be the higher choice this month, particularly with its customary AWD.

After reducing lease costs this month, the 2025 Subaru Solterra is now listed at simply $299 for 36 months. With $299 due at signing, the efficient month-to-month value is barely $307.

Different EVs for lease for beneath $300 a month in Might

In some states, Nissan is providing Ariya lease costs as little as $129 for 36 months. That’s with $4,409 due at signing for an efficient value of $251. For an electrical SUV with an MSRP of practically $42,000, that’s a steal.

A few of these charges could range by area. The $239 per 30 days Honda Prologue lease deal is obtainable in California and different ZEV states. Acura’s $299 ZDX promo is barely accessible in California, New York, Oregon, and different choose states.

In different components of the nation, the Prologue remains to be listed at simply $269 per 30 days for 36 months. With $3,199 due at signing, the efficient month-to-month value remains to be simply $358. Nonetheless, a $1,000 conquest or loyalty supply can decrease month-to-month funds to round $330.

With the Trump administration trying to finish federal EV incentivestogether with the $7,500 tax credit score, many of those financial savings might disappear quickly. Automakers are providing such low lease costs proper now primarily as a result of the tax credit score is factored in.