Spring is just around the corner and the EV deals are heating up. Right now, several electric models are available to lease for under $300 a month, making it a great time to make the switch (or upgrade). Here are the cheapest EVs you can lease this March.
Cheapest EVs you can lease this March
After a record year with over 1.3 million EVs sold in the US in 2024, the trend is expected to continue in 2025 with around 15 new models arriving.
January marked the tenth straight month with over 100,000 EVs sold in the US. The top five selling models, the Tesla Model Y, Model 3, Volkswagen ID.4, Tesla Cybertruck, and Honda Prologue, accounted for over 50% of total sales in the month.
Outside of the Cybertruck, all of them can also be leased for under $300 a month. With the average monthly lease payment for an electric car $175 less per month than the average loan, it’s no wonder buyers are choosing to lease.
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According to the Xperian’s Q4 market report, the Tesla Model 3, Model Y, Honda Prologue, Hyundai IONIQ 5, and Chevrolet Equinox were among the most leased EVs, all of which are under $300 a month right now.
Hyundai’s new 2025 IONIQ 5 Limited with a Tesla NACS port (Source: Hyundai)
Hyundai, Kia, and Genesis
Lease From
Term (months)
Due at Signing
Effective rate per month (including upfront fees)
2025 Kia Niro EV
$129
24
$3,999
$295
2024 Kia EV6
$179
24
$3,999
$345
2024 Hyundai IONIQ 5
$189
24
$3,999
$355
2025 Hyundai IONIQ 5
$229
24
$3,999
$395
2024 Hyundai IONIQ 6
$149
24
$3,999
$315
2025 Hyundai IONIQ 6
$169
24
$3,999
$335
2025 Genesis GV60
$299
24
$5,999
$548
Kia and Hyundai continue to offer some of the most affordable, efficient electric vehicles on the market. The Niro EV is one of the cheapest EVs you can lease this month at just $129 per month.
Meanwhile, the new 2025 IONIQ 5 (now with more range and a Tesla NACS charging port) and IONIQ 6 are arriving with big discounts. Even the luxury 2025 Genesis GV60 can be leased for under $300 a month this March.
2024 Honda Prologue Elite (Source: Honda)
Honda Prologue and Acura ZDX
Lease From
Term (months)
Due at Signing
Effective rate per month (including upfront fees)
2024 Honda Prologue
$239
36
$1,399
$335
2024 Acura ZDX
$299
24
$2,999
$424
Honda’s electric SUV continues to take the US market by storm. In the second half of 2024, the Prologue was the second best-selling electric SUV behind the Tesla Model Y. With an ultra-low lease rate of just $239 per month, the Prologue is even more affordable than a Civic this month.
Acura’s luxury electric SUV can be leased for as low as $299 for 24 months. With only $2,999 due at signing, the ZDX is cheaper than the Genesis GV60 thanks to generous discounts. In some states, ZDX discounts reach as high as $28,000, also making it more affordable than a Civic to lease this month.
Chevy Equinox EV LT (Source: GM)
Chevy Blazer and Equinox EVs
Lease From
Term (months)
Due at Signing
Effective rate per month (including upfront fees)
2024 Chevy Equinox EV
$299
24
$3,169
$431
2024 Chevy Blazer EV
$299
24
$3,879
$461
Chevy’s new electric SUVs are quickly rolling out. The electric Equinox was among the top five best-selling EVs in the final three months of 2024. Both can be leased for under $300 a month this March. The Blazer EV is still slightly more expensive with $3,879. The Blazer deal also includes a $1,000 trade-in bonus.
Ford Mustang Mach-E (left) and F-150 Lightning (right) (Source: Ford)
Ford F-150 Lightning and Mustang Mach-E
Lease From
Term (months)
Due at Signing
Effective rate per month (including upfront fees)
2024 Ford Mustang Mach-E
$213
36
$4,462
$337
2024 Ford F-150 Lightning
$233
24
$6,792
$421
Although F-150 Lightning sales are down this year, the Mustang Mach-E remains a top-selling electric SUV behind Tesla’s Model Y, Honda’s Prologue, and the Hyundai IONIQ 5.
Ford is sweetening the deal with a free Level 2 home charger for any EV purchase or lease through its “Power Promise” along with a host of other benefits.
2024 Subaru Solterra (Source: Subaru)
Toyota bZ4X and Subaru Solterra
Lease From
Term (months)
Due at Signing
Effective rate per month (including upfront fees)
2025 Toyota bZ4X
$259
36
$2,999
$342
2024 Subaru Solterra
$279
36
$279
$287
Toyota bZ4X and Subaru Solterra sales are starting to pick up. With an effective cost of only $287 per month, the Solterra may be the better option this month with standard AWD.
Tesla Model 3 (Source: Tesla)
Tesla Model Y, Model 3 still among cheapest EVs in March
Lease From
Term (months)
Due at Signing
Effective rate per month (including upfront fees)
Tesla Model Y
$299
36
$2,999
$382
Tesla Model 3
$299
36
$2,999
$382
Tesla’s Model Y and Model 3 are still the best-selling EVs in the US and at under $300 a month, some of the cheapest you can lease this March.
Some of these rates may vary by region. The $239 per month Honda Prologue lease deal is offered in California and other ZEV states. Acura’s $299 ZDX promo is only available in CA, NY, OR, and other select states.
In other parts of the country, the Prologue is still listed at just $269 per month for 36 months. With $3,199 due at signing, the effective cost is still just $358 per month. However, a $1,000 conquest or loyalty offer can lower monthly payments to around $330.
With the Trump administration looking to end federal EV incentives, including the $7,500 tax credit, many of these savings could disappear soon. Automakers can offer such low lease prices right now largely because the tax credit is factored in.
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Are you wondering what kind of results you’d get if you added a home solar system to your roof? Homeowners are sharing their results online — and the real-world data might surprise you!
In a recent post to r/Solar, a Reddit user going by DontBuyBitcoin shared a screenshot indicating that their newly-installed ~11.5 kW system produced over 1,700 kWh of electricity in October. “Pretty surprised by the production of the system I got,” writes DontBuyBitcoin. “11.48KW. I cant wait to see what JUNE-AUGUST [2026] going to look like 😍 I wish SolarEdge will make their app better looking with more functionality”
Home solar energy chart
1.7 MWh month; via DontBuyBitcoin.
Other Redditors were quick to share in the enthusiasm. “Congratulations!!! Great numbers,” wrote LegalNet4337. “We got 1.6 MWh with a 14.45 kW system. East and West facing panels in SoCal.”
That 1,700 kWh is nothing to sneeze at. Based on the current national average electricity price of about $0.17/kWh (in AUG2025), DontBuyBitcoin’s admittedly large-ish system translates to ~$290 of potential savings. In a higher rate state like Illinois, with a projected 2026 kWh rate that’s closer to $0.18/kWh, that’s ~$306/mo.
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We expect retail electricity prices to residential customers will average 17 cents per kilowatthour (kWh) nationwide in 2025, a 4% increase over 2024, and then rise to approximately 18 cents/kWh in 2026. This rise continues a trend in which residential electricity prices have increased at an average annual rate of 5% each year since the COVID-19 pandemic. The increase in retail electricity prices this year comes as the cost of natural gas to the electric power sector was up more than 40% in 1H25 compared with a year earlier, with similar year-over-year increases forecast for the remainder of 2025. The average cost of natural gas for power generation in our forecast increases another 17% in 2026.
Those are big numbers, but 11-15 kW rooftop solar systems are big. Significantly bigger, in fact, than the US average, ~6.6 kW in 2024 – but you don’t have to have a big system in order to post big numbers. Superior weather conditions and perfect PV panel placement can also get the job done, as another Redditor found.
“The last 2 days we have had perfect weather here in South Florida and I have been able to get over 30 kWh from a 5 kW system with a 3.8 kW inverter. This is the highest I have seen since getting PTO in September,” wrote Redditor dlewis23, who shared another SolarEdge graph. “I am super happy with seeing over 30 kWh in a single day.”
30 kW/day from home solar
Taken altogether, these real-world snapshots prove that whether it’s a modest 5 kW array or a beefy 10+ kW setup, homeowners out in the real world are seeing meaningful, measurable differences from their home solar installations. And, with retail electricity prices projected to keep on rising through the decade, every kilowatt counts.
Electrek’s Take
From Electrek SEP2025 survey.
When we ran our “Why did you choose to go solar?” survey back in September, only 32.6% of respondents chose, “Lowering my monthly utility bills” as their primary motivation to go solar. That result proved, in my mind, that Electrek readers are just better people than most, and seem to be willing to spend a little more to do something positive for their environment and their community.
That said, wasn’t it no less a thinker than Albert Einstein who said, “Compound interest is the most powerful force in the universe” (Google it.)? And, with a 5% rate hike compounding every year from now until the AI and data center bubbles burst, the impact energy rates may have on all our pocketbooks may be enough to put “Lowering my monthly utility bills” back on top.
If you’re considering going solar, it’s always a good idea to get quotes from a few installers. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. It has hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use, and you won’t get sales calls until you select an installer and share your phone number with them.
Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here.
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It seems like the writing was already on the wall last week when Volvo moved to make its Luminar-supplied LiDAR system an option – there are now reports that the Swedish car brand is set to ditch LiDAR tech entirely in 2026.
In a recent SEC filing following a missed interest payment on its 2L notes, Luminar confirmed that Volvo’s new ES90 and EX90 flagship models (along with the new Polestar 3) would no longer be offered with LiDAR from Luminar. The move signals a full reversal on the safety tech that had started as standard equipment, then became an option, and is now (according to reports from CarScoops) gone altogether.
In a statement, a Volvo Cars USA spokesperson added the decision was reportedly made, “to limit the company’s supply chain risk exposure, and it is a direct result of Luminar’s failure to meet its contractual obligations to Volvo Cars.”
This is what Luminar had to say about the current, icy state of the two companies’ relationship as of the 31OCT filing:
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The Company’s largest customer, Volvo Cars (“Volvo”), has informed us that, beginning in April 2026, Volvo will no longer make our Iris LiDAR standard on its EX90 and ES90 vehicles (although Iris will remain an option). Volvo also informed the Company that it has deferred the decision as to whether to include LiDAR, including Halo (Luminar’s next generation LiDAR under development), in its next generation of vehicles from 2027 to 2029 at the earliest. As a result of these actions, the Company has made a claim against Volvo for significant damages and has suspended further commitments of Iris LiDAR products for Volvo pending resolution of the dispute. The Company is in discussions with Volvo concerning the dispute; however, there can be no assurance that the dispute will be resolved favorably or at all. Furthermore, there can be no guarantee that any claim or litigation against Volvo will be successful or that the Company will be able to recover damages from Volvo.
As a result of the foregoing, the Company is suspending its guidance for the fiscal year ending December 31, 2025.
On November 14, Luminar confirmed that Volvo had terminated its contract altogether, in a blow that could leave Luminar rethinking its long-term future and planning litigation against its biggest ex-customer.
The news follows a host of significant upgrades to the EX90 that include a new, more dependable electronic control module (ECM) and 800V system architecture for faster charging and upgraded ADAS that improves the automatic emergency steering functions and Park Pilot assistant.
That said, it’ll be interesting to see if ditching the LiDAR has a negative impact there. Or, frankly, whether ditching the LiDAR and its heavy compute loads will actually help mitigate some of the EX90’s niggling software issues. It could go either way, really – and I’m not quite sure which it will be. Let us know which way you think it’ll go in the comments.
SOURCE: Luminar, via SEC filing; featured image by Volvo.
If you’re considering going solar, it’s always a good idea to get quotes from a few installers. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. It has hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use, and you won’t get sales calls until you select an installer and share your phone number with them.
Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here.
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The new John Deere Z370RS Electric ZTrak zero turn electric riding mower promises all the power and performance Deere’s customers have come to expect from its quiet, maintenance-free electric offerings – but with an all new twist: removable batteries.
The latest residential ZT electric mower from John Deere features a 42″ AccelDeep mower deck for broad, capable cuts through up to 1.25 acres of lawn per charge, which is about what you’d expect from the current generation of battery-powered Deeres – but this is where the new Z370RS Electric ZTrak comes into its own.
Flip the lid behind the comfortably padded yellow seat and you’ll be greeted by six (6!) 56V ARC Lithium batteries from electric outdoor brand EGO. Those removable batteries can be swapped out of the Z370RS for fresh ones in seconds, getting you back to work in less time than it takes to gravity pour a tank of gas.
When John Deere launched the first Z370R, Peter Johnson wrote that electrifying lawn equipment needs to be a priority, citing EPA data that showed gas-powered lawnmowers making up five percent of the total air pollution in the US (despite covering far less than 5% of the total miles driven on that gas). “Moreover,” he writes, “it takes about 800 million gallons of gasoline each year (with an additional 17 million gallons spilled) to fuel this equipment.”
If you’re considering going solar, it’s always a good idea to get quotes from a few installers. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. It has hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use, and you won’t get sales calls until you select an installer and share your phone number with them.
Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here.
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