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These EVs are a steal with lease prices under $300 a month this Black Friday [Updated]
With big discounts and lower-priced models hitting the market, electric vehicles are getting more and more affordable. Here are the EVs you can drive off in this Black Friday with lease prices under $300 a month.
New EVs, like the Honda Prologue, Chevy Blazer, Equinox, and Silverado, are rolling out nationwide, giving buyers more options than ever.
According to Cox Automotive, over 100,000 EVs were sold in the US in September, the sixth straight month topping the 100,000 mark. Electric vehicles account for 9% of the US auto market, the highest percentage to date.
The average transaction price (ATP) for new EVs was $56,328, but drastically higher incentives bring prices on par with or even under many comparable gas cars.
For example, the Honda Prologue electric SUV is available to lease for as low as $259 per month, including the down payment. That’s cheaper than a Honda Civic at $376 per month. Honda recently extended the offer to 17 additional US states after introducing it in California last month.
EVs for lease under $300 a month for Black Friday 2024
The Honda Prologue is one of the best EVs to lease this Black Friday. Here are the other models worth considering this month.
| Lease From | Term (months) |
Due at Signing | Effective rate per month (including upfront fees) |
|
| 2024 Nissan LEAF | $109 | 36 | $2,529 | $179 |
| 2024 Kia Niro EV | $169 | 24 | $3,999 | $336 |
| 2024 Kia EV6 | $179 | 24 | $3,999 | $346 |
| 2024 VinFast VF 8 | $199 | 36 | $894 | $244 |
| 2024 Hyundai IONIQ 5 | $199 | 24 | $3,999 | $366 |
| 2024 Honda Prologue | $229 | 36 | $1,299 | $259 |
| 2024 Chevrolet Equinox EV | $299 | 24 | $3,169 | $431 |
| 2024 Subaru Solterra | $299 | 36 | $0 | $299 |
According to online auto research firm CarsDirect, the Nissan LEAF retained the title of the cheapest EV you can lease in November listed at just $109 per month in Colorado.
With $2,529 due at signing, the effective monthly rate is just $179. However, the deal only includes state incentives, which are not offered elsewhere.
Kia’s Niro EV and EV6 are two of the best EV lease options this month, with monthly rates of $169 and $179.
After a recent price cut, the EV6 is offered at its lowest monthly rate since hitting the market. That’s for the Light Long-Range model with up to 310 miles of range.
The Hyundai IONIQ 5 remains a top lease option in November, with the updated 2025 model set for deliveries later this year. With lease prices starting at just $199 per month, Hyundai is offering its best-selling electric SUV at closeout prices.
Honda factors in a $1,000 conquest or loyalty offer in the lease deal. However, for a $48,000 electric SUV, the Prologue is still a steal.
The Subaru Solterra is worth considering at just $299 for 36 months with no money down. Subaru dropped lease prices from $329 per month on November 21.
With the long-awaited $35,000 Chevy Equinox LT arriving, GM is sweetening the deals on 2024 models with leases starting as low as $299 per month.
Ford is also offering significant discounts on the F-150 Lightning and Mustang Mach-E in a new end-of-year promo. New EV buyers also get a free Level 2 home charger, and Ford is covering the cost of standard installation.
Although not under $300 a month, with up to $21,150 in potential savings, the 2024 Acura ZDX is another steal this Black Friday.
With the incoming Trump administration reportedly planning to end federal incentives, the savings may not last long. Take advantage of them while they are still here.
Ready to find your new EV? We can help you get started. You can use our links below to find the best deals on popular models in your area.
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