Best Green Car Deals: February 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 - February 8, 2017

Green car deals in February benefit from some of the best new car incentives you’re bound to see. Special offers ahead of Presidents’ Day are looking particularly good. We’ve found lease discounts as high as $15,000, and finance offers like 0% APR for 72 months plus up to $7,250 cashback. We’re even seeing deals on new models like the Kia Niro hybrid.

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, electric cars 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 11:45 am Wednesday, February 8

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 thanks to substantial discounts on leftover 2016 models. With an effective cost of $230/month, the Optima LX is actually $5/month cheaper to lease than a barebones 2016 Prius c One.

Alternatively, well-qualified buyers can finance at 0% APR for 60 months with a $1,500 bonus. An additional $400 discount is available for college grads and members of the military. However, time is running out since the 2017 Optima Hybrid has arrived and last year’s model is becoming harder 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 »

Kia Niro
  • Best Deal: Lease from $219 for 39 months
  • Due at Signing: $1,999
  • Mileage: 12,000 miles/year
  • MSRP: $24,095
  • Expires: February 28, 2017
  • MPG (City/Hwy/Comb): 51/46/49

The Kia Niro has barely arrived at dealers but already has some attractive offers. Interestingly, the LX model with dual-clutch transmission is $45/month cheaper to lease than this month’s deal on the 2017 Prius Two.

Alternatively, all versions of the Niro are eligible for 0.9% APR financing for 60 months. That’s the same deal you’ll find on the 2017 Prius this month. Uber drivers can also take advantage of a $500 discount as part of the Uber Driver Partner Program.

Key selling points: Impressive fuel economy stats, spacious layout with the appeal of a crossover, doesn’t look like a Prius. Get your custom quote »

Lexus CT 200h
  • Best Deal: Lease from $299 for 36 months
  • Due at signing: $1,099
  • Mileage: 10,000 miles/year
  • MSRP: $32,490
  • Expires: February 28, 2017
  • MPG (City/Hwy/Comb): 43/40/42

The CT 200h is a bright spot in an otherwise abysmal month of deals from Lexus. This month, the amount at signing has been reduced $500. Its effective lease cost is now just $15/month more than a 2017 Prius Two despite a difference in MSRP of over $6,700 ($330 vs. $315).

If you’d prefer to buy, the CT 200h benefits from the only zero-percent finance incentive out of the entire Lexus lineup. This month’s deal is 0% APR for 60 months plus a $1,000 bonus. There’s also a 72-month rate at 0.9%.

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 »

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Best Plug-in Hybrid Car Deals This Month

Ford C-Max Energi
  • Best Deal: 0% APR/72 mos + $5,500
  • MSRP: From $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

You won’t find a better deal on a plug-in hybrid at the moment than the C-Max Energi. Ford is offering 0% APR for 72 months plus $5,500 cash on all remaining 2016 stock.

As if that wasn’t enough, current lessees of another electrified Ford model can get an additional $1,750 “EV RCL Renewal” bonus. That equates to 0% APR for 72 months plus up to $7,250 in offers, all before dealer discounts.

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

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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

This month’s biggest surprise is the Focus Electric thanks to an unbelievable surge in lease discounts to $15,000. As a result, the payment has fallen $50/month and the amount at signing has been cut $1,330.

With an effective cost of $138/month, this is now the cheapest lease out of any electric car. It’s also the cheapest lease out of over 420 deals that we analyzed this month.

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: February 28, 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 »

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 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 version offered only in CA, which now has an effective cost of $195/month. This is considerably more affordable than a 2016 Nissan LEAF S24 ($255) and 2016 VW e-Golf SE ($244).

Please note that the Soul EV is only available in the following 12 states: CA, OR, WA, NY, NJ, MD, MA, RI, CT, GA, TX and HI.

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: February 28, 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

Last month’s deal on the 2017 Volt LT carries on unchanged at $270/month with just $500 due at signing. The best deals continue to be in CA, OR and the Northeast.

In other areas, the national lease is $299 for 39 months with $1,929 at signing, or $1,429 with the conquest bonus. Shoppers currently leasing any non-GM vehicle can get a $500 conquest bonus resulting in a zero-down lease in states like California.

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

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Best Fuel-Efficient Gas Car Deals This Month

Mitsubishi Mirage G4
  • Best Deal: $2,000 cash back
  • MSRP: From $16,030 w/CVT
  • Expires: February 28, 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 »

Toyota Yaris iA
  • Best Deal: $1,500 cashback
  • MSRP: From $17,915 w/Automatic
  • Expires: February 28, 2017
  • MPG (City/Hwy/Comb): 32/40/35

Toyota has upped discounts on the Yaris iA for the second straight month. You can now choose between a $1,500 cashback incentive ($500 increase over last month) or 0% APR financing for 72 months.

This month’s lease deal benefits from a $10 cut in payment, starting at just $149 for 36 months with $1,999 due at signing. With an effective cost of $205/month, this is about as cheap as it gets when it comes to Toyota leases.

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 »

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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 2017 Hyundai Sonata Hybrid Base (Conquest) $249 36 12k $2,199 Get Details
$315 2017 Toyota Prius Two $259 36 12k $1,999 Get Details
$324 2017 Honda Accord Hybrid Base CVT $249 36 12k $2,699 Get Details
$325 2017 Toyota Prius v Two $269 36 12k $1,999 Get Details
$330 2017 Lexus CT 200h Base $299 36 10k $1,099 Get Details
$338 2017 Hyundai Sonata Hybrid Base $249 36 12k $3,199 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 2017 Hyundai Sonata Plug-In Hybrid Base (Conquest) $289 36 12k $1,699 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
$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
$941 2017 Volvo XC90 Hybrid T8 R-Design AWD $815 39 10k $4,915 Get Details
$1,318 2017 Mercedes-Benz S550e Sedan (Sign & Drive) $1,318 36 10k $0 Get Details
$1,373 2017 Mercedes-Benz S550e Sedan $1,179 36 10k $6,973 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
$138 2016 Ford Focus Electric Base $119 36 10.5k $669 Get Details
$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 Kia Soul EV EV (CA only) $199 39 12k $999 Get Details
$244 2016 Volkswagen e-Golf SE 4dr Automatic $179 36 10k $2,349 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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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


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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