Best Green Car Deals: March 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.

Follow On: Google+ | Website

, Senior Pricing Analyst - March 7, 2017

Green car deals in March benefit from some of the best new car incentives you’re bound to see. We’ve uncovered big payment cuts, discounts worth up to $12,000 and savings equal to as much as 20% off MSRP. We may see new special offers closer to St. Patrick’s Day, so stay tuned for updates.

Plug-in shoppers also get a number of special incentives. In California, there is no longer a limit on the number of green carpool stickers that can be issued. The Clean Vehicle Rebate was also increased $500 for those with low incomes, for as much as $4,500 in savings toward an EV. The income limit for individuals at the upper end of the spectrum was also lowered to $150,000.

We looked at hundreds of offers and listed the best deals on hybrids, plug-in hybrids, battery-electrics, and fuel-efficient gas cars below. Since most of these cars tend to 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 5:00 pm Tuesday, March 7

Best Hybrid Car Deals This Month

Kia Optima Hybrid
  • Best Deal: Lease from $179 for 36 months
  • Due at Signing: $1,999
  • Mileage: 12,000 miles/year
  • MSRP: $26,845
  • Expires: April 3, 2017
  • MPG (City/Hwy/Comb): 35/38/37

The Optima Hybrid LX continues to be the best deal on a hybrid thanks to substantial discounts on an oversupply of 2016 models. With an effective cost of $235/month, it’s actually $10/month cheaper to lease than a regular gas-powered 2017 Optima LX ($245).

Alternatively, well-qualified buyers can finance at 0% APR for 60 months with a $1,500 bonus. Or, you can forgo financing in exchange for a $3,000 bonus. That said, time is running out since the 2017 Optima Hybrid has arrived and is becoming easier to find.

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

Lexus CT 200h
  • Best Deal: Lease from $249 for 36 months
  • Due at signing: $1,499
  • Mileage: 10,000 miles/year
  • MSRP: $32,510
  • Expires: March 31, 2017
  • MPG (City/Hwy/Comb): 43/40/42

This is a big month for Lexus offers. The automaker has brought back cashback incentives and low APR on nearly every model. The CT 200h also benefits from a massive $50/month cut in payment in exchange for a $400 increase in amount due at signing.

As a result, the effective lease cost of the CT has fallen $39 to a mere $291/month. The CT is now $14/month cheaper to lease than a 2017 Toyota Prius Two ($305). This is the first time we’ve seen this phenomenon.

Key selling points: Sportier look and feel than the Prius, versatile hatchback design, wide array of optional equipment, legendary brand reliability. Get your custom quote »

Back to top of page

Best Plug-in Hybrid Car Deals This Month

Optima plug in hybrid
  • Best Deal: Lease from $289 for 36 months
  • Due at signing: $1,999
  • Mileage: 12,000 miles/year
  • MSRP: From $36,105
  • Expires: April 3, 2017
  • MPGe (Combined): 103
  • Estimated Range: 29 miles (EV), 610 total

*Other Incentives: $4,919 Federal Tax Credit, $1,500 Clean Vehicle Rebate + HOV lane access in CA

The all-new Optima Plug-In Hybrid has emerged as a top leasing pick despite coming onto the market only recently. With an effective lease cost of $345, it’s actually cheaper to lease than a 2017 Hyundai Sonata Plug-In Hybrid ($378) despite having a higher sticker price.

For those on a tighter budget, the 2016 Ford C-Max Energi can be leased from $199 for 36 months with $1,999 at signing. However, it has been quite difficult to find and offers less range and is less efficient at 88 MPGe.

Key selling points: Well-tuned ride quality compared with competitors, impressive 600+ mile combined driving range. Get your custom quote »

Back to top of page

Best Electric Car Deals This Month

Focus Electric
  • Best Deal: Lease from $119 for 36 months
  • Due at Signing: $669
  • Mileage: 10,500 miles/year
  • MSRP: $30,045
  • Expires: April 3, 2017
  • MPGe (City/Hwy/Comb): 110/99/105
  • Estimated Range: 76 miles

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

Last month’s unbelievable lease on the Focus Electric continues thanks to a surge in lease discounts to $12,000. The payment is $50/month lower than what it was back in January.

With an effective cost of $138/month, this is the cheapest electric car lease you’re bound to find. And that’s before factoring the benefit of a $2,500 Clean Vehicle Rebate here in CA.

Key selling points: More fun to drive than some of its competitors, doesn’t look like a LEAF. Get your custom quote»

FIAT 500e
  • Best Deal: Lease from $120 for 36 months
  • Due at Signing: $1,999
  • Mileage: 12,000 miles/year
  • MSRP: $32,795
  • Expires: April 3, 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

Last month’s stellar deal on the 2017 FIAT 500e continues unchanged. A $29/month payment cut back in January made the car a top value for shoppers looking for a cheap lease on an EV.

As before, there’s also a $1,000 conquest bonus for anyone currently leasing a non-Chrysler vehicle. However, please note that the 500e is only sold in CA and OR to meet emissions requirements.

We’ve seen dealers touting $49 or $69 deals with “$0 out of pocket.” Offers like this tend to involve creative math like requiring you to “front” the $2,500 CA Clean Vehicle Rebate and may feature shorter mileage limits. 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 »

Chevrolet Volt
  • Best Deal: Lease for $270 for 39 months
  • Due at Signing: $500
  • Mileage: 15,000 miles/year
  • MSRP: $34,095
  • Expires: March 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

In CA, OR and the Northeast, the 2017 Volt LT continues to feature a $270/month lease with just $500 due at signing. As before, there’s a $500 bonus available for current GM lessees and customers coming from a competitive lease.

The big news this month is a $3,000 conquest bonus targeting lessees of an Asian brand. To get the deal, you’ll need to show proof that you currently lease a 2011 or newer Honda, Hyundai, Kia, Mazda, Mitsubishi, Nissan, Scion, Subaru or Toyota.

For reference, the national lease on the Volt LT is $299 for 39 months with $1,929 due at signing. Factoring the bonus, the featured deal is $229 for 36 months with $1,469 at signing. Comparing effective lease costs, the LT falls from $348/month down to just $270.

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

Back to top of page

Best Fuel-Efficient Gas Car Deals This Month

Chevy Cruze
  • Best Deal: Lease from $99 for 24 months
  • Due at signing: $219
  • Mileage: 10,000 miles/year
  • MSRP: $22,325
  • Expires: March 31, 2017
  • MPG (City/Hwy/Comb): 30/40/34

Chevy is targeting Asian brands with an incredibly aggressive $3,000 conquest bonus. To be eligible, you’ll need to show proof that you currently lease any 2011 or newer Honda, Hyundai, Kia, Mazda, Mitsubishi, Nissan, Scion, Subaru or Toyota vehicle.

As a result, the Cruze LT Sedan features an unbelievably cheap lease here in California with an effective lease cost of just $108/month. Based on our analysis, this ranks as the absolute cheapest lease on any car this month.

Key selling points: Spacious interior for this class of vehicle, connectivity with both Android Auto and Apple CarPlay, latest driver assistance features on higher end styles. Get your custom quote »

Chevy Spark
  • Best Deal: 20% off MSRP
  • MSRP: From $14,975 w/CVT
  • Expires: March 13, 2017
  • MPG (City/Hwy/Comb): 30/38/33

As part of an unusual early-month promotion, GM is offering 20% off MSRP on all 2017 Chevy Spark, Sonic and Impala models. However, the deal is only good through March 13.

On a Spark 2LT, this can equate to as much as a $3,660 discount off MSRP. On entry-level styles, it’s entirely possible to see prices dip close to $11,000. Time is a factor, however— the normal rebate is only a paltry $500.

Key selling points: Even base models get a standard rearview camera, smartphone integration and a 7-inch touchscreen infotainment system. Get your custom quote »

Back to top of page

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
$255 2016 Ford C-Max Hybrid SE 200A $199 36 10.5k $1,999 Get Details
$255 2017 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
$324 2017 Honda Accord Hybrid Base CVT $249 36 12k $2,699 Get Details
$354 2017 Honda Accord Hybrid EX-L CVT $279 36 12k $2,699 Get Details
$413 2017 Honda Accord Hybrid Touring CVT $319 36 12k $3,399 Get Details
$275 2017 Hyundai Ioniq Hybrid Blue $219 36 12k $1,999 Get Details
$338 2017 Hyundai Sonata Hybrid Base $249 36 12k $3,199 Get Details
$310 2017 Hyundai Sonata Hybrid Base (Conquest) $249 36 12k $2,199 Get Details
$275 2017 Kia Niro LX DCT $219 36 12k $1,999 Get Details
$236 2016 Kia Optima Hybrid LX Automatic $153 24 12k $1,999 Get Details
$235 2016 Kia Optima Hybrid LX Automatic $179 36 12k $1,999 Get Details
$295 2017 Kia Optima Hybrid Premium $239 36 12k $1,999 Get Details
$291 2017 Lexus CT 200h Base $249 36 10k $1,499 Get Details
$522 2017 Lexus ES 300h Premium $389 36 10k $4,799 Get Details
$510 2017 Lexus NX 300h Navigation 4x2 $399 36 10k $3,999 Get Details
$610 2017 Lexus RX 450h Base with Navigation $499 36 10k $3,999 Get Details
$411 2017 Lincoln MKZ Hybrid Reserve w/Moon $329 36 10.5k $2,954 Get Details
$431 2017 Toyota Avalon Hybrid XLE (Southeast) $339 36 12k $3,299 Get Details
$285 2017 Toyota Camry Hybrid LE Hybrid $229 36 12k $1,999 Get Details
$305 2017 Toyota Prius Two $249 36 12k $1,999 Get Details
$325 2017 Toyota Prius v Two $269 36 12k $1,999 Get Details
$355 2017 Toyota RAV4 Hybrid XLE AWD $299 36 12k $1,999 Get Details


Back to top of page

All Plug-in Hybrid Lease Deals

Effective Lease Cost Year/Make/Model/Trim Pmt Term Mileage Due at Signing More Info
$433 2017 Audi A3 e-tron Premium Plus $359 36 10k $2,653 Get Details
$499 2017 BMW 330e Base Sedan $379 36 10k $4,304 Get Details
$790 2017 BMW X5 eDrive xDrive40e $649 36 10k $5,074 Get Details
$255 2016 Ford C-Max Energi SEL 300A $199 36 10.5k $1,999 Get Details
$255 2017 Ford C-Max Energi SE $199 36 10.5k $1,999 Get Details
$295 2017 Ford Fusion Energi SE Luxury 800A $239 36 10.5k $1,999 Get Details
$378 2017 Hyundai Sonata Plug-In Hybrid Base $289 36 12k $3,199 Get Details
$336 2017 Hyundai Sonata Plug-In Hybrid Base (Conquest) $289 36 12k $1,699 Get Details
$345 2017 Kia Optima Plug-In Hybrid Premium $289 36 12k $1,999 Get Details
$385 2017 Toyota Prius Prime Plus $329 36 12k $1,999 Get Details
$941 2017 Volvo XC90 Hybrid T8 R-Design AWD $815 39 10k $4,915 Get Details


Back to top of page

All Electric Car Lease Deals

Effective Lease Cost Year/Make/Model/Trim Pmt Term Mileage Due at Signing More Info
$396 2017 BMW i3 Base $279 36 10k $4,204 Get Details
$437 2017 BMW i3 Base w/Range Extender $319 36 10k $4,244 Get Details
$402 2017 Chevrolet Bolt EV LT (CA/OR) $359 36 15k $1,539 Get Details
$283 2017 Chevrolet Volt LT- CA/OR/Northeast $270 39 15k $500 Get Details
$270 2017 Chevrolet Volt LT- CA/OR/Northeast (GM Lease Loyalty) $270 39 15k $0 Get Details
$270 2017 Chevrolet Volt LT- CA/OR/Northeast (Lease Conquest) $270 39 15k $0 Get Details
$348 2017 Chevrolet Volt LT- National $299 39 15k $1,929 Get Details
$270 2017 Chevrolet Volt LT- National (Asian Lease Conquest) $229 36 15k $1,469 Get Details
$336 2017 Chevrolet Volt LT- National (GM Lease Loyalty) $299 39 15k $1,429 Get Details
$176 2017 FIAT 500e Base (CA, OR) $120 36 12k $1,999 Get Details
$138 2016 Ford Focus Electric Base $119 36 10.5k $669 Get Details
$197 2016 Kia Soul EV EVe (CA only) $169 36 12k $999 Get Details
$227 2016 Kia Soul EV EV (CA only) $199 36 12k $999 Get Details
$247 2016 Kia Soul EV EV+ (CA only) $219 36 12k $999 Get Details
$235 2017 Kia Soul EV EVe (CA only) $179 36 12k $1,999 Get Details
$255 2017 Kia Soul EV EV (CA only) $199 36 12k $1,999 Get Details
$275 2017 Kia Soul EV EV+ (CA only) $219 36 12k $1,999 Get Details
$464 2017 Mercedes-Benz B250e Base $349 36 10k $4,143 Get Details
$255 2016 Nissan LEAF S24 (24 kWh) $199 36 12k $1,999 Get Details
$285 2017 Nissan LEAF S (30 kWh) $229 36 12k $1,999 Get Details
$244 2016 Volkswagen e-Golf SE 4dr Automatic $179 36 10k $2,349 Get Details


Back to top of page

All Diesel Lease Deals

Effective Lease Cost Year/Make/Model/Trim Pmt Term Mileage Due at Signing More Info
$529 2017 BMW 328d i Sedan $409 36 10k $4,334 Get Details
$581 2017 BMW 328d xDrive SportsWagon $459 36 10k $4,384 Get Details

Back to top of page

, 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