Best Green Car Deals: January 2017

By

Senior Pricing Analyst

Alex Bernstein is the Senior Pricing Analyst for CarsDirect.com. Each month he studies immense volumes of pricing and incentives data in search of trends that are useful to car shoppers. In the process, he often breaks industry news stories -- his analyses and insights have been featured on websites such as Automotive News, The Detroit News, Autoblog, The Truth About Cars and The Car Connection.

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, Senior Pricing Analyst - January 9, 2017

Green car deals on a variety of fuel-efficient cars are starting the year strong in January. Some of the best deals involve 0% financing plus up to $5,500 cash and big lease discounts worth up to $11,757. We’re even seeing deals on new models like the Toyota Prius Prime and Chevy Bolt EV.

In California, things are looking up for shoppers ever since the limit was lifted on the number of green carpool stickers that can be issued for plug-in hybrids. The Clean Vehicle Rebate has also been boosted $500 for low-income applicants to $4,500 on EVs. The income limit for those at the highest end of the spectrum has also been lowered to $150,000 for individuals.

We looked at hundreds of offers and listed the best deals on hybrids, plug-in hybrids, battery-electrics, and fuel-efficient gas cars below. We also have resources for shoppers looking for deals on alternatives to TDI diesel vehicles.

Since most of these cars tend to strongly benefit from lease incentives, we’ve also listed every lease that we track based on effective cost. Just use the links to the right to navigate.

Offers assume a Southern California location unless noted otherwise.

Last updated 5:20 pm Monday, January 9

Best Hybrid Car Deals This Month

Kia Optima Hybrid
  • Best Deal: Lease from $179 for 39 months
  • Due at Signing: $1,999
  • Mileage: 12,000 miles/year
  • MSRP: $26,845
  • Expires: February 28, 2017
  • MPG (City/Hwy/Comb): 35/38/37

The Optima Hybrid continues to be the best deal on a hybrid. The nearly $27,000 car ranks as one of the cheapest leases, with an effective cost that’s $5/month less than a base-level 2016 Toyota Prius c ($230 vs. $235).

If you’d rather buy, Kia is offering 0% APR for 60 months plus $1,500 bonus cash on all versions of the economical cruiser. However, expect the car to become tougher to find in the months ahead now that the 2017 Optima Hybrid has arrived.

Key selling points: Refined cabin, sporty 199 hp combined power output, one of the cheapest leases available right now. Get your custom quote »

Toyota Prius
  • Best Deal: 0% APR/72 months +$500 cash
  • MSRP: From $25,065
  • Expires: January 31, 2017
  • MPG (City/Hwy/Comb): 54/50/52

Time is running out to take advantage of stellar discounts on the 2016 Prius. Based on our analysis, supplies are starting to run thin now that the 2017 Prius has arrived. Toyota has already canceled promotional lease offers on the outgoing car to focus its efforts on purchase and finance deals.

This month’s best deal is 0% APR for 72 months plus a $500 bonus. That’s great, but here in Southern California, dealers are being given big unadvertised incentives to help lower prices. Your success on obtaining the extra savings will vary dealer to dealer, but this is without a doubt the best time to buy if you can find the car you want in stock.

Key selling points: Brand reliability, versatile design, available driver assistance features, 2 years of complimentary routine maintenance, up to 56 mpg in overall driving with the available Eco variant. Get your custom quote »

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Best Plug-in Hybrid Car Deals This Month

Ford C-Max Energi
  • Best Deal: Lease from $199 for 36 months
  • Due at Signing: $1,999
  • Mileage: 10,500 miles/year
  • MSRP: $32,645
  • Expires: April 3, 2017
  • MPGe (Combined): 88
  • Estimated Range: 20 miles (EV), 550 total

*Other Incentives: $4,007 Federal Tax Credit, $1,500 Clean Vehicle Rebate + HOV lane access in CA

Once again, the C-Max Energi ranks as the best deal on a plug-in hybrid. The car may have a high sticker price, but $11,757 in lease discounts give it the same effective lease cost as a Honda Accord LX ($255 vs. $255).

If you’d rather not lease, Ford Credit is offering 0% APR for 72 months plus $5,500 in bonus cash. That’s slightly less than the $6,000 we saw in December, but no longer has the unfortunate caveat of only being available on select cars in stock the longest.

Key selling points: Practical hatchback design, impressive combined electric/gas driving range. Get your custom quote »

Toyota Prius Prime
  • Best Deal: Lease from $329 for 36 months
  • Due at Signing: $1,999
  • Mileage: 12,000 miles/year
  • MSRP: $28,189
  • Expires: January 31, 2017
  • MPGe (Combined): 133

*Other Incentives: $4,502 Federal Tax Credit, $1,500 Clean Vehicle Rebate + HOV lane access in CA

At long last, the new plug-in variant of the Prius has arrived and already features a nice set of deals. Here in Los Angeles, shoppers get a $1,000 rebate or the option to take promotional financing at 0.9% APR for 60 months or 1.9% APR for 72 months.

Toyota’s first lease deal on the Prius Prime Plus starts at $329 for 36 months with $1,999 due at signing. Not the cheapest lease, but a price worth paying for shoppers looking for a supremely efficient car with an estimated 133 MPGe and double the range of its previous generation.

Key selling points: Unique design compared to the standard Prius, a blend of gas-powered practicality and electric efficiency. Get your custom quote »

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Best Electric Car Deals This Month

FIAT 500e
  • Best Deal: Lease from $120 for 36 months
  • Due at Signing: $1,999
  • Mileage: 12,000 miles/year
  • MSRP: $32,795
  • Expires: January 31, 2017
  • MPGe (City/Hwy/Comb): 121/103/112
  • Estimated Range: 84 mi

*Other Incentives: $7,500 Federal Tax Credit, $2,500 Clean Vehicle Rebate + HOV lane access in CA

FIAT has come out of left field with a massive $29/month price cut on the 500e. With an effective lease cost of $176/month, this is now one of the absolute cheapest leases you’re bound to see on any car.

It gets better. As before, there’s a $1,000 bonus for anyone currently leasing a non-Chrysler vehicle. Please note that the 500e continues to only be offered in California and Oregon to meet emissions requirements.

We’ve seen some dealers advertising $49 or $69 payments with “$0 out of pocket,” but shoppers should be aware that most of these offers require you to “front” the $2,500 CA Clean Vehicle Rebate. It can be a bit of a numbers game, so be sure to read any fine print carefully.

Key selling points: Fun-to-drive, a bit more design flavor compared to most competitors, features a 6.6-volt onboard charger (compared to 3.3-kw on the Nissan LEAF S24). Get your custom quote »

Kia Soul
  • Best Deal: Lease from $169 for 39 months
  • Due at Signing: $999
  • Mileage: 12,000 miles/year
  • MSRP: $32,800
  • Expires: February 28, 2017
  • MPGe (City/Hwy/Comb): 120/92/105
  • Estimated Range: 93 mi

*Other Incentives: $7,500 Federal Tax Credit, $2,500 Clean Vehicle Rebate + HOV lane access in CA

The Kia Soul EV has emerged as one of the best EV leases here in California. All versions benefit from a $1,000 bonus this month, which has been applied directly to the amount due at signing. This is the cheapest lease we’ve ever seen on this model.

The cheapest lease is on the EVe model offered only in California, which now starts at $169 for 39 months with just $999 due at signing. With an effective cost of $195/month, this is considerably more affordable than a 2016 Nissan LEAF S24 ($255) and 2016 VW e-Golf SE ($236).

Key selling points: Spacious design, uniquely designed cabin, standard DC quick charge, 6.6 kW onboard charger also standard. Get your custom quote »

Chevrolet Volt
  • Best Deal: Lease for $270 for 39 months
  • Due at Signing: $500
  • Mileage: 15,000 miles/year
  • MSRP: $34,095
  • Expires: January 31, 2017
  • MPGe (Combined): 106
  • Estimated Range: 53 mi (EV), 420 (total)

*Other Incentives: $7,500 Federal Tax Credit, $1,500 Clean Vehicle Rebate + HOV lane access in CA

This month, the 2017 Volt LT is subject to a small hike in payment from last month’s $261/month to $270 now in January. All other terms are unchanged. As before, shoppers currently leasing any non-GM vehicle can get a $500 conquest bonus potentially turning this into a zero-down lease.

The best deals continue to be in California, Oregon and the Northeast. Outside those areas, the national lease is $299 for 39 months with $1,929 at signing, or $1,429 with the conquest bonus. These offers include an impressive 15,000 mi/yr allowance— quite a bit more than competitors.

Key selling points: Impressive 53 mi of electric range, flexible design that will satisfy the needs of most drivers. Get your custom quote »

Chevy Bolt EV
  • Best Deal: Lease from $359 for 36 months
  • Due at Signing: $1,539
  • Mileage: 15,000 miles/year
  • MSRP: $37,495
  • Expires: January 31, 2017
  • MPGe (City/Hwy/Comb): 128/110/119
  • Estimated Range: 238 miles

*Other Incentives: $7,500 Federal Tax Credit + HOV lane access in CA

The much-anticipated Bolt EV has finally started arriving at select dealers here in California. Sadly, last month’s lease has already gotten a price hike. The amount due at signing has been increased $440 up from $1,099 in December. As before, the deal includes a generous allowance of 15,000 miles per year.

With an effective lease cost of $402, the Bolt EV is now slightly more expensive to lease than the 2017 BMW i3 Base ($396). However, it’s still quite a bit less than the i3 with Range Extender ($437).

We’re looking forward to seeing future discounts for current GM owners and customers coming from a competing automaker— these are discounts we tend to see on just about every GM vehicle eventually.

If you’d rather finance, GM Financial is offering 2.9% APR for 60 months. That’s not particularly impressive, but we think it’s a matter of time before production ramps up and we see rates as low as 0% just like the Volt.

Key selling points: 200+ miles of range, earlier availability than the Tesla Model 3, a versatile and well-composed design with the latest technology. Get your custom quote»

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Best Fuel-Efficient Gas Car Deals This Month

Honda Civic
  • Best Deal: 0.9% APR/60 months
  • MSRP: From $20,315 w/CVT
  • Expires: February 28, 2017
  • MPG (City/Hwy/Comb): 30/40/34

Honda added 0.9% APR for 60 months on all 2016 Civics in the weeks before Christmas, and this continues through February. Alternatively, the automaker is offering 1.9% APR for 72 months in a particularly rare move for this model since its introduction.

Leasing has also become a bit more attractive thanks to a $10 cut in payment and $200 lower amount due at signing. The Civic LX Sedan now starts at $179 for 36 months with $1,999 due at signing. That’s just $10/month more than the 2017 Toyota Corolla SE.

You may want to act fast. Now that the 2017 Civic has arrived, it’s a matter of time before the outgoing version becomes tough to find. Given how the Civic spent most of 2016 without any APR offers, there’s no guarantee we’ll see a similar deal on the 2017 model.

Key selling points: Huge boost in features and refinement following its 2016 redesign, notable fuel economy, turbo engine options, available in a variety of body types. Get your custom quote »

Toyota Yaris iA
  • Best Deal: 0% APR/72 months
  • MSRP: From $17,915 w/Automatic
  • Expires: January 31, 2017
  • MPG (City/Hwy/Comb): 32/40/35

Offers on the Yaris iA (formerly the Scion iA) have gotten a notable boost. The rebate has been upped to $1,000, while 0% APR has been extended to 72 months (previously 60). We love cashback, but we suspect the financing may make more sense to shoppers looking to buy.

On the other hand, leasing is a bit less attractive now following a $10 hike in payment to $159 for 36 months with $1,999 at signing. That’s just $10 less than a brand-new 2017 Corolla SE with standard Toyota Safety Sense.

Key selling points: Truly impressive fuel economy, nice amenities like touchscreen infotainment and alloy wheels, doesn’t necessarily look or feel like a budget car. Get your custom quote »

Mitsubishi Mirage G4
  • Best Deal: $2,000 cash back
  • MSRP: From $16,030 w/CVT
  • Expires: January 31, 2017
  • MPG (City/Hwy/Comb): 35/42/37

The 2017 Mirage G4 continues to feature an impressive $2,000 rebate. Together with dealer discounts, we’re now seeing prices dip close to $12,000 in some regions. If you’re looking for the best deal on a 40+ mpg car, the Mirage G4 should be on your shopping list.

Key selling points: Class-leading fuel economy, updated connectivity tech for 2017. Get your custom quote »

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See this month's top discounts ranked by segment »

All Green Car Lease Deals Ranked By Effective Cost

Leases for many green cars are often heavily subsidized by manufacturers. As a result, shoppers can often find attractive offers.

If you aren't interested in one of our top picks ranked by value for the money, feel free to browse all leases we track for each type of vehicle, ranked by effective lease cost.

Unless specified otherwise, these offers exclude special incentives like college grad, conquest and loyalty discounts sometimes factored in dealer advertisements.

All Hybrid Lease Deals

Effective Lease Cost Year/Make/Model/Trim Pmt Term Mileage Due at Signing More Info
$230 2016 Kia Optima Hybrid LX Automatic $179 39 12k $1,999 Get Details
$235 2016 Toyota Prius c One $179 36 12k $1,999 Get Details
$236 2016 Kia Optima Hybrid LX Automatic $153 24 12k $1,999 Get Details
$255 2016 Ford C-Max Hybrid SE 200A $199 36 10.5k $1,999 Get Details
$285 2017 Ford Fusion Hybrid SE Technology 600A $229 36 10.5k $1,999 Get Details
$285 2017 Toyota Camry Hybrid LE Hybrid $229 36 12k $1,999 Get Details
$290 2017 Kia Optima Hybrid Premium $239 39 12k $1,999 Get Details
$310 2016 Hyundai Sonata Hybrid Base (Conquest) $249 36 12k $2,199 Get Details
$310 2017 Hyundai Sonata Hybrid Base (Conquest) $249 36 12k $2,199 Get Details
$324 2017 Honda Accord Hybrid Base CVT $249 36 12k $2,699 Get Details
$325 2017 Toyota Prius Two $269 36 12k $1,999 Get Details
$325 2017 Toyota Prius v Two $269 36 12k $1,999 Get Details
$338 2016 Hyundai Sonata Hybrid Base $249 36 12k $3,199 Get Details
$338 2017 Hyundai Sonata Hybrid Base $249 36 12k $3,199 Get Details
$343 2017 Lexus CT 200h Base $299 36 10k $1,599 Get Details
$354 2017 Honda Accord Hybrid EX-L CVT $279 36 12k $2,699 Get Details
$355 2017 Toyota RAV4 Hybrid XLE AWD $299 36 12k $1,999 Get Details
$411 2017 Lincoln MKZ Hybrid Reserve w/Moon (Sign & Drive) $329 36 10.5k $2,954 Get Details
$413 2017 Honda Accord Hybrid Touring CVT $319 36 12k $3,399 Get Details
$558 2017 Lexus ES 300h Premium $419 36 10k $4,999 Get Details
$568 2017 Lexus NX 300h Navigation 4x2 $429 36 10k $4,999 Get Details
$640 2017 Lexus RX 450h Base with Navigation $529 36 10k $3,999 Get Details


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All Plug-in Hybrid Lease Deals

Effective Lease Cost Year/Make/Model/Trim Pmt Term Mileage Due at Signing More Info
$255 2016 Ford C-Max Energi SEL 300A $199 36 10.5k $1,999 Get Details
$295 2017 Ford Fusion Energi SE Luxury 800A $239 36 10.5k $1,999 Get Details
$336 2016 Hyundai Sonata Plug-In Hybrid Base (Conquest) $289 36 12k $1,699 Get Details
$336 2017 Hyundai Sonata Plug-In Hybrid Base (Conquest) $289 36 12k $1,699 Get Details
$378 2016 Hyundai Sonata Plug-In Hybrid Base $289 36 12k $3,199 Get Details
$378 2017 Hyundai Sonata Plug-In Hybrid Base $289 36 12k $3,199 Get Details
$385 2017 Toyota Prius Prime Plus $329 36 12k $1,999 Get Details
$499 2017 BMW 330e Base Sedan $379 36 10k $4,304 Get Details
$941 2017 Volvo XC90 Hybrid T8 R-Design AWD $815 39 10k $4,915 Get Details
$1,064 2016 Mercedes-Benz S550e Premium Sedan (Sign & Drive) $1,064 36 10k $0 Get Details
$1,085 2016 Mercedes-Benz S550e Premium Sedan $899 36 10k $6,693 Get Details
$1,318 2017 Mercedes-Benz S550e Sedan (Sign & Drive) $1,318 36 10k $0 Get Details
$1,342 2017 Mercedes-Benz S550e Sedan $1,149 36 10k $6,943 Get Details
$1,555 2016 BMW i8 Base $1,339 36 10k $7,764 Get Details


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All Electric Car Lease Deals

Effective Lease Cost Year/Make/Model/Trim Pmt Term Mileage Due at Signing More Info
$176 2017 FIAT 500e Base (CA, OR) $120 36 12k $1,999 Get Details
$195 2016 Kia Soul EV EVe (CA only) $169 39 12k $999 Get Details
$225 2016 Ford Focus Electric Base $169 36 10.5k $1,999 Get Details
$225 2016 Kia Soul EV EV (CA only) $199 39 12k $999 Get Details
$236 2016 Volkswagen e-Golf SE 4dr Automatic $171 36 10k $2,341 Get Details
$245 2016 Kia Soul EV EV+ (CA only) $219 39 12k $999 Get Details
$255 2016 Nissan LEAF S24 (24 kWh) $199 36 12k $1,999 Get Details
$270 2017 Chevrolet Volt LT- CA/OR/Northeast (Current GM lessees) $270 39 15k $0 Get Details
$270 2017 Chevrolet Volt LT- CA/OR/Northeast (Current Non-GM lessees) $270 39 15k $0 Get Details
$283 2017 Chevrolet Volt LT- CA/OR/Northeast $270 39 15k $500 Get Details
$285 2017 Nissan LEAF S (30 kWh) $229 36 12k $1,999 Get Details
$336 2017 Chevrolet Volt LT- National (Current GM lessees) $299 39 15k $1,429 Get Details
$348 2017 Chevrolet Volt LT- National $299 39 15k $1,929 Get Details
$396 2017 BMW i3 Base $279 36 10k $4,204 Get Details
$402 2017 Chevrolet Bolt EV LT (CA/OR) $359 36 15k $1,539 Get Details
$437 2017 BMW i3 Base w/Range Extender $319 36 10k $4,244 Get Details
$464 2017 Mercedes-Benz B250e Base $349 36 10k $4,143 Get Details

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, Senior Pricing Analyst

Alex Bernstein is the Senior Pricing Analyst for CarsDirect.com. Each month he studies immense volumes of pricing and incentives data in search of trends that are useful to car shoppers. In the process, he often breaks industry news stories -- his analyses and insights have been featured on websites such as Automotive News, The Detroit News, Autoblog, The Truth About Cars and The Car Connection.

Follow On: Google+ | Website