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The latest new vehicle transaction report from KBB indicates that electric vehicle supply is still high, hovering at around 100 days, despite the average transaction price of an EV declining all summer long to a year-to-date low of $53,469. Legacy automakers continue to react by tweaking their incentives, and now we’re finding some of the best EV lease deals we’ve seen in a while.

Below are some of the best deals we found while updating our Electric Vehicle Price Guide and Electric Vehicle Lease Guide.

Volvo C40 Recharge

Missed out on last month’s Costco member-only incentive on Volvo EVs? Don’t fret, because Volvo sweetened their lease offers yet again.

A C40 Recharge can now be had for $483/month with $3,983 due at signing before tax and license. That’s an average monthly cost of $580/month, which is about $30/month better than it was last month with the expired $2,500 Costco incentive included. Not a bad deal for a five-passenger, all-wheel-drive SUV that blasts from zero to 60mph in 4.2 seconds.

Drawbacks? Well, with an 80 MPGe combined rating, a range of 226 miles, and 15-cubic-foot cargo capacity behind the rear seats, it’s less efficient, doesn’t go as far on a charge, and doesn’t haul as much as similarly priced electric SUVs. But recent Volvo lease terms and dealer offers appear to be helping shoppers look past all that, as availability seems to have dropped to half of what it was last May.

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The C40 Recharge / Source: Volvo Cars

Speaking of dealer offers, we found a few Volvo retailers advertising lease terms that beat the factory offer on a C40 Recharge. Volvo Cars Gilbert in Arizona is advertising a 3-year, 7,500 mi/year lease at $399/month with $4,499 to start, for an effective cost of $513/month before tax and license. Volvo Cars North Haven in Connecticut and Galpin Volvo Cars in the Los Angeles area also have their own C40 Recharge lease deals with an average cost that’s close to $550/month. And there are a number of dealers offering significant C40 Recharge discounts from MSRP before incentives, which should translate into even lower lease payments.

If you need a little more room to carry stuff behind the rear seats or prefer a squareback look over the C40’s fastback styling, Volvo’s lease terms on the XC40 Recharge (MSRP $54,645) are also quite compelling, with an average monthly cost of $580/month. Check for Volvo C40 Recharge and XC40 Recharge deals in your area.

Subaru Solterra

Another relative bargain in the all-wheel-drive electric SUV/crossover category that’s worth a look is the Subaru Solterra (MSRP $46,220). Subaru’s lease offer of $399/month for 36 months with $3899 to start computes to an effective cost of $496/month plus tax and license, which is a significant savings over factory lease deals on the Model Y and C40 Recharge.

Yeah, you’ll have to do without the thrills and frills of the faster, upmarket Tesla and Volvo offerings, but the Solterra does scoot to 60mph from standstill in a very respectable 6.5 seconds and is as nicely equipped as other EVs at its price point. It also has 29 cubic feet of cargo space behind the rear seats – about the same as the Tesla, which is almost twice that of the Volvo.

Oh, and at $496/month, the Solterra lease is about $19/month cheaper than the factory lease deal on its front-wheel-drive version of its platform twin, the Toyota bZ4x. So Toyota fans that are willing to switch their allegiance to Subaru can get two more driven wheels for free.

Solterra

As far as dealer deals, McGovern Subaru in New Hampshire is advertising over $6,000 off on a Solterra, while Brattleboro Subaru in Vermont and Hanlees Subaru in California have Solterra discounts at around $2,000. Find Subaru Solterra deals near you.

Hyundai Ioniq 5

Passing the full $7,500 Federal tax incentive to lessees of the Ioniq 5 has resulted in some compelling lease terms on what is arguably one of the best-looking EVs on the market that rivals the Model Y in performance and utility. In all-wheel-drive form, this five-passenger SUV with 27 cubic feet of cargo space behind the rear seats will hurl you from zero to 60mph in 4.4 seconds – all numbers that fall well within the Model Y’s domain.

Curiously, Hyundai’s website only lists lease deals for rear-wheel-drive configurations, but we can deduce that the average monthly cost of an Ioniq 5 SE AWD (MSRP $50,335) lease should be close to that of the Ioniq 5 SEL RWD (MSRP $48,785). Hyundai’s 3-year lease offer for the SEL RWD is $414/month with $5,001 due at signing, which averages to $541/month before tax and license. Since the SE-trimmed AWD configuration is $1,550 more expensive and has a lower residual value than the SEL RWD, I’m figuring that its average monthly cost is slightly more than that, but not by much.

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Hyundai IONIQ 5 Source: Hyundai

Dealer offers somewhat validate this estimate. Mirak Hyundai in Massachusetts, for example, has a great lease offer with an effective cost of $500/month before tax and license on a discounted Ioniq 5 SE AWD. And Valencia Hyundai in the Los Angeles area has a lease on a discounted SEL AWD that averages to $542/month.

Other dealers with Ioniq 5 discounts that should result in attractive lease terms include Norm Reeves Hyundai in southern California and Ourisman Hyundai Laurel in Maryland.

Current Hyundai owners can qualify for an additional $2,500 off on a new Ioniq 5, which should lower lease payments by about $30 to $40 per month.

By the way, for folks that would rather buy than lease, Hyundai now has a $5,000 incentive on a purchase.  Look for Hyundai Ioniq 5 deals in your locale.

Audi Q4 e-tron

At $58,895, the all-wheel-drive Q4 e-tron 50 in Premium trim seems a bit overpriced since it costs almost $10K more than the cheapest Model Y. However, it can now be leased at $499/month for 36 months, $5,389 due at signing before tax and license. That works out to an effective cost of $635/month, which is over $60/month less than a Model Y lease. Costco members can take another $20/month or so off of a Q4 e-tron lease by applying a limited-time $1,500 incentive that Costco is running on Audi electrics through October 2.

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Audi Q4 50 e-tron (Source: Audi)

Audi dealers are starting to advertise discounts rather than markups on this 5-passenger SUV capable of zero to sixty times in the mid-fives, carries just under 25 cubic feet of cargo space behind the rear seats, and runs for 236 miles on a full charge. Audi Nashville is taking almost $4,000 off on a Q4 e-tron 50, while Audi Appleton in Wisconsin and Audi Bethesda in Maryland have discounts of $3,405 and $2,500 respectively. Discounts of that magnitude should reduce monthly lease payments by $30 to $50.

Still too expensive? Buyers that can get by with rear-wheel-drive can opt for the Q4 e-tron 40, which leases for about $50/month less than a similarly equipped all-wheel-drive Q4 e-tron 50 and goes 29 miles farther on a full charge. Check Audi Q4 e-tron pricing in your area.

Kia EV6

Kia noticeably improved its lease offers on the EV6, now with terms that essentially match current factory offers on its platform sibling, the Hyundai Ioniq 5. An all-wheel-drive EV6 in Wind trim (MSRP $53,925) can be leased for $449/month over 36 months with $4,999 plus tax and license due at start, for an effective monthly cost of $575/month.

We found significant dealer discounts on an all-wheel-drive EV6 Wind at Crowley Kia in Connecticut ($4,005), Courage Kia in North Carolina ($3,101), and Car Pros Kia Glendale in Los Angeles ($4,373) that should drive that lease closer to $500/month.

Like Hyundai with its Ioniq 5, Kia is is offering a $5,000 incentive to consumers that prefer to buy an EV6 rather than lease. Look for EV6 deals at a Kia dealer near you.

As always, check our Electric Vehicle Price Guide and Electric Vehicle Lease Guide for the best deals on EVs in the US.

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Mary Kay goes electric with new Pink Cadillac OPTIQ (cue the music)

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Mary Kay goes electric with new Pink Cadillac OPTIQ (cue the music)

Mark Kay’s iconic Pink Cadillac awards are driving into the future for 2025. The company’s first-ever electric Pink Cadillac OPTIQ made its debut during the Mary Kay annual Seminar in Charlotte this weekend, symbolizing a “recharged vision” for the future of the popular brand.

Pioneers in monetizing friendships female empowerment and entrepreneurship, the Pink Cadillac is considered one the most coveted symbols of achievement for Mary Kay sales reps, signifying not just great sales (GM Authority reported that it took ~$102,000 in annual sales to qualify back in 2001), but also leadership, a history of mentoring others, and a sustained reputation of excellence among their peers.

The women you see behind the wheel of the Pink Cadillac are the real deal, in other words, and the big Caddy really does mean something to people in the know.

The iconic pink Cadillac was born in 1968 when Mary Kay Ash purchased a Cadillac Coupe De Ville from a Dallas dealership and promptly had it painted to match the pale pink Mary Kay lip and eye palette. General Motors later named the color Mary Kay Pink Pearl, and the shade is exclusive to Mary Kay.

MARY KAY

Now, the Pink Cadillac is going to stand for environmental sustainability, too, enabling Mary Kay’s top performers to set yet another positive example for anyone aspiring to their success.

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“For decades, the Mary Kay pink Cadillac has symbolized accomplishment, aspiration, and the power of recognition,” said Ryan Rogers, Chief Executive Officer of Mary Kay. “With the introduction of the all-electric OPTIQ, we’re honoring that iconic legacy while driving into a transformative future—one grounded in our commitment to sustainability and dedication to inspiring and celebrating the achievements of our independent sales force for generations to come.”

Mary Kay announced its new Pink Cadillac with this video, below.

Same Legacy, New Energy


“The legacy continues with the new, all-electric (and still very pink) Cadillac Otiq [sic],” reads the official Mary Kay copy on YouTube. “The Optiq remains instantly recognizable with the pink pearl exterior, while modernizing with sleek, cutting-edge features. In addition, this vehicle showcases our commitment and dedication to sustainability by reducing our carbon footprint while continuing to inspire.”

Speaking of inspiration, I can’t hardly hear the words “Pink Cadillac” without thinking of the song. But, since “Bruce Springsteen” has become something of a trigger word for the MAGA snowflakes in the audience, I’ll post a different, but similarly great song about rose-tinted GM flagships from Dope Lemon. You can let me know what you think of it in the comments.

As ever, the Cadillac is not a “gift,” per se – but typically takes the form of a two year lease paid for by Mary Kay. No word yet on what the exact shape and form the OPTIQ deal will take.

Electrek’s Take


Whatever you might think of MLMs or businesses like Amway, Avon, or Mary Kay, they play a big part in the social dramas of hundreds (if not thousands) of neighborhoods and online communities. The people at the top are influential, and the people “below” them genuinely try to emulate them and follow their lead.

Thanks to Mary Kay, that might soon mean a decision to buy an electric vehicle – and that result would be a win for everyone.

SOURCE | IMAGES: Mary Kay.


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First drive – RBW’s electric Roadster is a sporty modern take on British classics

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First drive - RBW's electric Roadster is a sporty modern take on British classics

RBW, a British handcrafted electric car manufacturer, brought its cute little Roadster out to Santa Monica and invited us up for a drive.

RBW has built cars in the UK for a few years now, but is about to set up US manufacturing in Virginia. Along with that comes a version of its Roadster modified for the US market, and we got a sneak peek with a short drive in Santa Monica.

The RBW Roadster is a small, hand-built, retro-style EV, meant as a modern take on British classics. But it’s not an actual classic itself – it’s a newly-built vehicle, with a new body, modern safety features, and even some electronics, like CarPlay and Android Auto (but not much else – there’s no huge, cockpit-defining screen, just a 9″ one, with retro gauges in front of the driver. But it does have a backup camera!).

Our drive was short, just a quick trip up and down the most trafficky part of Pacific Coast Highway in Santa Monica, without much chance to really stretch the vehicle’s legs. So we can’t verify range or tell you how it handles on the limits, but we can tell you about the basic controls and feel of the vehicle.

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On a mostly smooth road, the car offered a comfortable ride dynamic. We didn’t get a sense of chassis noise because the top was down (which I surmised was an intentional effort by the company – I’ve used the same trick when showing off my car before).

The steering is tight and has a good weight to it, and the retro-style steering wheel felt great in my hands.

Of particular interest to me, as a long-time EV driver, is how the throttle pedal is tuned. Lots of EVs add some intentional delay or smoothing to throttle inputs, which ends up making the pedal feel mushy and indirect, reducing the control you have over the vehicle.

For reference, the cars I drive most often are the Tesla Roadster and Model 3, which both have excellent direct pedal feel.

And I’m happy to report that the RBW Roadster’s throttle pedal feels very similar to the cars I love to drive. The car feels quick, and responds exactly to what I want it to do, when I want it to do it. But it’s not excessively “punchy” like some of the more absurdly-powered EVs can be (like the Tesla Model S Plaid or the Macan Turbo S).

It does not, however, have off-throttle regenerative braking, aka one-pedal driving. Pressing the brake pedal engages regen, but letting off the throttle lets you simply coast. I personally prefer one-pedal driving, but one consideration RBW had is that since the car does not have traction control, regenerative braking on the rear axle (where the motor is) could potentially present a safety issue on slippery roads. So, fair enough I guess, but I still do prefer one pedal.

Speaking of pedals, the brake pedal was placed quite far from the accelerator. This is a plus and a minus – a minus because it’s quite different from most vehicles these days, where the pedals are placed closer, for ease of reaching them with your right foot. A plus because higher separation might reduce the chance of “crossing the pedals” and accidentally pressing both with the same foot in an emergency situation, and because it enables left-foot braking, which is generally better for performance driving… in the hands of a trained driver, anyway.

That said, this isn’t exactly a performance car. It’s fun, it’s responsive, but it’s not powerful. The version we tested had a 0-60 time of only around 9 seconds, so it didn’t give you the “throw your head back” feeling that so many EVs on the road these days do. It’s responsive, but not fast.

RBW says the American version will have more motor power than the UK version, but it’s still trying to figure out exactly how to tune it. This should bring 0-60 times down by about a second. But we can’t help but think that it would be nice with even a little more power than that, which we think should be possible given the car’s 50kWh battery and ~2,900lb weight, specs that are similar to my similarly-sized Tesla Roadster (as you can see below – along with the GT version of the RBW, on the right).

Here’s an issue: all the specs we were given seem extremely fluid. While talking to the company, I got several different numbers for any given specification. It seems to me like the company is still figuring out exactly what changes it will make for its US models.

This is somewhat to be expected of a small, hand-built manufacturer, especially since buyers can ask for certain modifications or personalizations (seat height, for example, which is important in a small car like this). But it does make it tough to write an article about it.

Nevertheless, the car drives well, and RBW seems to have gotten a lot right about the dynamics of the vehicle. It executes well on its goal – a fun, small British-style roadster, a great weekend car for those who have the means.

As for the means, the RBW Roadster will start in the $140-150k range, so it’s not cheap. But if you’re looking for something like this, it’s just about the only game in town, and it’s a good execution of the feel of a nimble roadster for weekend cruising.

RBW is currently taking $1,000 reservations for 2026 builds, and you can have a look at configurations (paint, roof, interior, wheels) over on its website.


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This cool-looking electric motorcycle wants to pretend to be an e-bike

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This cool-looking electric motorcycle wants to pretend to be an e-bike

Canadian startup Beachman has just unveiled its latest electric two-wheeler, the ’64, a vintage-styled electric motorcycle that looks like it rolled straight out of the 1960s. With throwback café racer design and a respectable top speed of 45 mph (72 km/h), it’s a slick little ride with a curious twist: it calls itself an e-bike.

It’s not just a casual reference, but it’s baked into the name. The full model name on Beachman’s website is the ’64 E-Bike.

While I’d generally be inclined to give them the benefit of the doubt, since many motorcyclists refer to electric motorcycles as “e-bikes” and the term has a broad definition in colloquial usage, the company is obviously casting more in the “electric bicycle” end of the spectrum. They even say on their website that it is “rideable as either a Class II E-Bike or a Registered Moped (in most states).”

Despite lacking pedals entirely – and clearly designed more like a lightweight electric motorcycle – the Beachman ’64 comes with a selectable “E-Bike Mode” that limits it to 20 mph (32 km/h). The implication? That riders can use this obvious motorcycle in bike lanes like a Class 2 e-bike. Legally speaking, that’s a stretch, to put it mildly. In fact, I’m not currently aware of any state where that’s explicitly legal, though it could probably pass in many states due to the current state of enforcement we usually see.

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According to Beachman, the ’64 has three ride modes:

  • E-Bike Mode: 20 mph (32 km/h) top speed, which the company says is “perfect for bike lanes.”
  • Moped Mode: 30 mph (48 km/h) top speed, which does match legal definitions for mopeds in some jurisdictions, even without pedals.
  • Off-Road Mode: 45 mph (72 km/h) top speed, no pretense – just a motorcycle.

In practice, I don’t think it’s a stretch of the imagination to assume that most riders will likely keep it in Off-Road Mode, where the bike delivers its full 3,000W performance and offers the most fun. And specced with decently large batteries, it could actually do some modest commuting, even at higher speeds. The ’64 comes with a removable 2.88 kWh battery (or optional 3.6 kWh upgrade), and range is estimated at 55–70 miles, depending on configuration. It charges to 80% in three hours and even features regenerative braking.

The company leans heavily on its “timeless design” messaging, and to their credit, the ’64 nails the aesthetic. It looks great. The frame, tank, and seat all channel classic motorcycle vibes while skipping the modern digital overload – no apps or touchscreens here. Just a clean, simple throttle and some retro charm.

But for all the cool factor, the classification confusion raises eyebrows. Calling a 45 mph, pedal-less motorcycle an “e-bike” in any meaningful legal sense is a misfire. Some states allow low-speed mopeds in bike lanes, but others draw the line at motorized vehicles without pedals. The ’64 might get away with it in limited cases, but most jurisdictions will (rightfully) require it to be registered and insured as a motor vehicle. And it’s unclear if explaining to the officer, “But I had it in 20 mph mode…” will help much on the side of the road.

Still, Beachman is aiming at a particular rider who wants motorcycle style and speed without all the baggage. With a starting price of $4,800, the ’64 could be an appealing step-up for e-bike riders looking to graduate into something faster without committing to a full-sized gas bike.

Just don’t expect to blend in on the bike path.

Electrek’s Take

Look: The bike looks fantastic and probably rides well, but come on, it’s a 230 lb (105 kg) motorcycle.

Let’s stop calling every throttle-only EV an e-bike just because it’s got two wheels, a battery, and a button that neuters it to 20 mph. This has gotten silly. You built a great-looking bike. But it’s a bike in the way a motorcycle rider refers to his “bike.” It’s not a bicycle, and it’s not a bike lane vehicle any more than a Sur Ron is. At least not if you respect your fellow two-wheel riders around you.

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