Best New Electric Car Lease Deals for June 2021

We found cheap lease deals starting as low as $169 a month for the Kia Niro EV and $199 a month for a Hyundai Kona Electric or Nissan Leaf.

Everyone's talking electric these days, but buying an EV might best be treated like a smartphone. Paying in full is a fool's errand, as in two years' time, the battery will have degraded and a snazzier model will be out for the same price with better features. Phone companies incentivize customers to pay monthly for new phones and trade in older models to partly or fully offset the cost of the new one.

It's the same with EVs. Software updates and battery upgrades during a model's life cycle often occur yearly, as opposed to every three to five years with normal cars. These updates bring more range, power, and value. Consequently, these frequent changes cause resale values on late-model EVs to decline at a greater rate than gas and hybrid cars. That's bad for ownership. Leasing lets an EV customer lock in a lower price while letting the automaker take the hit when the lease expires.

Most of the leases listed here are lower mileage (10,000 miles or less per year), and not every automaker is forthright in the terms about including the $7500 federal tax credit in the price (as the owner of the car, the automaker is eligible for this credit, not you). State incentives can cut the price further, and depending on your home charger and local electricity rates, you stand to save more than you would with a traditional gasoline car. You won't find a Tesla on the list, since there are never deals from Tesla. You also won't find the Ford Mustang Mach-E. Demand on the new electric crossover is so high that Ford doesn't have to discount it, at least not yet.

First, read our guide to learn if leasing a car is right for you. We've covered everything an automaker hopes you gloss over in the showroom—advertising fees, money factors, residuals, legal implications, and all the other fine print that could cost you thousands more than you'd expect. We've sorted the vehicles by monthly price, but when comparing similar cars, be aware that a lower monthly price often demands more money up front. As with any national lease special, enter your ZIP code on an automaker's website to check if these deals apply to your area. Prices may be higher or lower depending on the region.

Finally, read our guide to every new and upcoming electric model, including our instrumented tests that test maximum range. Everyone has a unique situation, so make sure you can actually live with an EV versus a more versatile (and usually cheaper) plug-in gas-electric hybrid or regular hybrid. For many people without the ability to charge at home—like anyone in an apartment or condo building—an EV could be a deal breaker.


2020 Kia Niro EV

$169 per month/$3869 at signing
24 months/20,000 miles

Kia is just bringing the 2021 Niro EV to market, and it's just like the hundreds of 2020 models sitting on lots. This is a solid, if dull-looking, crossover with a unique feature most luxury EVs don't have: an optional heat pump. Instead of using resistive heat, which is like an electric heater in a home, a heat pump extracts heat from the outside air in a more efficient process. This means more range in the cold and less time worrying about pulling over.


2021 Hyundai Kona Electric

$199 per month/$1999 at signing
36 months/30,000 miles

The Kona is the Kia's cousin, but with a better EPA-estimated range (258 miles versus 239) and a lower starting price. It also looks a whole lot better despite being shorter on the outside and tighter inside. Both cars include adaptive cruise that modulates braking regen on the fly, depending on the speed of the vehicle ahead. However, just a dozen states sell these two cars, and there are no plans to make them available nationwide.


2021 Nissan Leaf

$199 per month/$1149 at signing
36 months/30,000 miles

This is the most affordable EV deal. The down payment is low and the total outlay is under $10,000 for three years. For an everyday city car, a Leaf is quiet, pleasant, and furnished with a quality interior. Keep in mind this is the base Leaf S with the smallest battery, so it can only travel an EPA-estimated 149 miles and can't charge above 50 kW. For longer drives you'll need the Leaf Plus, which retails for almost $7000 more.


2021 Chevrolet Bolt EV

$269 per month/$1769 at signing
39 months/32,500 miles

Before the refreshed 2022 Bolt arrives, the 2021 Bolt continues as one of the least expensive, longest-range EVs available. The slick handling and snappy acceleration will draw you in, while the interior will make you want out. It's an uncomfortable car for long drives, which is odd considering its EPA-estimated 259-mile range. On the plus side, this lease includes the Bolt's optional DC fast charging of up to 150 kW.

Michael SimariCar and Driver

2021 BMW i3

$299 per month/$3999 at signing
36 months/30,000 miles

The i3 is one of the ugliest BMWs. Its lightweight carbon-fiber structure is expensive, but it can't offset the low EPA-estimated range (now 153 miles, up from 81 when it came out in 2014). Used examples are cheap for all of these reasons. But if you must lease a new i3 and experience lesser performance than a Bolt, you can be confident the interior will at least be suitable for more than a half-hour.


2021 Audi e-tron Sportback

$519 per month/$7409 at signing
36 months/30,000 miles

Unlike the regular e-tron, which is a basic device, the Sportback is genuinely pretty. That should be the point of buying any luxury car, electric or not. It's almost as quiet as a Rolls-Royce, the interior is a knockout, and the sporty Audi can tow 4000 pounds. But the performance, both in terms of range and speed, is rather mediocre for the price.


2021 Volvo XC40 Recharge

$599 per month/$4099 at signing
36 months/30,000 miles

We really like the XC40, in any form. As an EV, it's alarmingly fast for a little crossover, let alone a Volvo. With 402 horsepower and 486 pound-feet of torque, we measured a 4.3-second sprint to 60 mph. It'll destroy the Audi in a straight line. The interior is remarkable, the exterior immediately recognizable, and the whole car drives with a polish lacking in the cheaper segment (duh, right?). But it's a significant step up in cost, and the 208-mile EPA-estimated range is only adequate.


2020 Jaguar I-Pace

$699 per month/$4401 at signing
36 months/22,500 miles

This is the definition of a low-mileage lease. Keep that in mind, because you'll get addicted to the Jaguar's 512 pound-feet of torque, air suspension, and futuristic interior. The S model doesn't come with the 22-inch wheels, but you'll appreciate the improved ride quality. Make sure to bargain with the local dealer, as the 2022 model can recharge faster and now comes only in the top HSE trim for the same base price as the 2020 S. That's a savings of $11,000.


2021 Porsche Taycan

$999 per month/$9999 at signing
36 months/30,000 miles

Any lease with that many nines should make you walk away, except in Porsche World, this is normal operating procedure. The base rear-wheel-drive Taycan can do 200 miles and hit 60 mph in an estimated 5.1 seconds, plus it's a Porsche you can buy in pink. It's very easy to spend $3000 a month on a Taycan Turbo S, as we'd encourage anyone with AMC stock to do.

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