Reviews

UPDATE: Best EV Lease & Financing Deals In February: 0 APR & Low Lease Payments

2020 was a tough year for many people. Automakers shut down production for a time and struggled to catch up. Now, it’s time to get the new year off to a fresh start.

As electric cars increase in popularity, we’ll begin to see more traditional deals on them. In addition, when automakers are struggling to sell these cars, the situation may encourage healthy incentives. Due to the COVID-19 pandemic, times are still tough for many, and automakers are advertising solid deals for the month of January.

Several electric vehicles are available with either excellent lease deals, large discounts, low financing rates, or deferred payment plans. Some cars are available with a combination of these offers. Not all deals are equally appealing, but we’ve included them for comparison.

As usual, Chevrolet Bolt EV and Nissan LEAF deals are superb. BMW is offering good options for the i3. Kia’s deals are outstanding as expected, with lease payments around $200 per month and only a two-year term. Leasing a Tesla Model 3 isn’t cheap, but compared to the Jaguar I-Pace, it looks like a steal. Pay particular attention to all the 0% financing and appealing monthly lease payments. Nearly every deal this month has either more bonus cash, a lower monthly lease payment, or requires less money down than in previous months.

Keep in mind that not all deals are available in all markets, so check with your local dealer for details on what’s available in your area. Perhaps you can secure a better deal.

2021 BMW i3

  • Lease for $289 per month for 36 months with $3,999 due at signing ($7,500 rebate included in payment calculation)
  • 0% APR for 60 months

2020 Chevrolet Bolt EV

  • $8,500 customer cash
  • 0% APR for 84 months plus up to $7,000 bonus cash

2021 Chevrolet Bolt EV

  • Costco members can get $3,000 customer cash toward a Bolt
  • Lease for $312 per month for 39 months with $312 due at signing
  • $5,000 customer cash
  • 0% APR for 72 months plus up to $3,500 bonus cash

2021 Chrysler Pacifica Hybrid

  • Lease for $299 per month for 36 months with $3,538 due at signing
  • 0% APR for 60 months plus $p to 3,750 bonus cash
  • Up to $8,250 cash back

2021 Honda Clarity Plug-In Hybrid

  • 0.9% APR for up to 60 months

2020 Hyundai Kona Electric

  • Lease for $239 per month for 36 months with $3,999 due at signing plus $1,000 bonus cash
  • 0% APR for 60 months plus $1,000 bonus cash

2020 Hyundai Ioniq Electric

  • Lease for $169 per month for 36 months with $169 due at signing plus $1,000 bonus cash
  • 0% APR for 60 months plus $1,000 bonus cash

2020 Hyundai Ioniq Plug-In Hybrid

  • Lease for $219 per month for 36 months with $2,299 due at signing plus $1,000 bonus cash
  • 0% APR for 60 months plus $2,500 bonus cash
  • $3,500 cash back

2021 Hyundai Nexo

  • Lease for $379 per month for 36 months with $2,499 due at signing
  • 0% APR for 60 months

2020 Jaguar I-Pace

  • Lease for $739 per month for 36 months with $5,995 due at signing
  • 0% APR for 72 months

2020 Kia Niro EV

  • Lease for $199 per month for 24 months with $3,499 due at signing
  • 0% APR for 75 months

2020 Kia Niro Plug-In Hybrid

  • Lease for $199 per month for 24 months with $1,999 due at signing
  • 0% APR for 75 months

2021 Mini Cooper SE

  • 1.9% APR for 60 months

2020 Mitsubishi Outlander PHEV

  • Lease for $289 per month for 36 months with $3,788 due at signing
  • 0% APR for up to 60 months plus $1,000 bonus cash

2020 Nissan LEAF

  • Lease for $235 per month for 36 months with $238 due at signing plus $1,000 bonus cash
  • $7,000 customer cash
  • 0% APR for up to 72 months, plus $3,000 bonus cash

2021 Tesla Model 3

  • Lease for $371 per month for 36 months with $4,500 due at signing

2021 Tesla Model Y

  • Lease for $419 per month for 36 months with $4,500 due at signing

Toyota Mirai

  • 0% APR for 60 months plus $10,000 bonus cash

2021 Toyota Prius Prime

  • Lease for $249 per month for 36 months with $1,999 due at signing
  • $3,000 customer cash
  • 0% APR for up to 60 months

There are many more incentives out there. You just have to take the time and do your homework. Some automakers are offering deferred payments for at least three months, even if it’s not noted above or on their individual websites. Also, keep in mind that used EVs are available with outstanding deals as well.

Products You May Like

Articles You May Like

Faraday Future (FFIE) resolves investor dispute, raises up to $100M to launch FF 91
Diving into EV motor and control system measurements (Webinar)
Tesla Employee Struck By Car In Crazy Supercharger Incident
Vocational truck builder Battle Motors raises $150 million, expands EV production
Could offshore wind sites host edible seaweed farms? The Swedes think so

Leave a Reply

Your email address will not be published.