Best Green Car Deals: May 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 - May 9, 2017

Green car deals in May continue to feature impressive lease and purchase incentives. This month, we’ve uncovered cheap leases and special offers worth up to $15,000 off MSRP. We’ve even found finance offers like 0% APR plus $6,000 cash ahead of Memorial Day.

Plug-in shoppers can benefit from a number of special incentives. In California, there’s no longer a limit on the number of green HOV lane stickers. The Clean Vehicle Rebate was also increased late last year for low-income applicants to as much as $4,500 toward EVs.

We looked at hundreds of offers and listed the best deals on hybrids, plug-in hybrids, EVs, diesels and fuel-efficient 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 1:26 pm Wednesday, May 10

Best Hybrid Car Deals This Month

Ford C-Max Hybrid
  • Best Deal: Lease from $169 for 36 months
  • Due at Signing: $1,999
  • Mileage: 10.5 miles/year
  • MSRP: $24,995
  • Expires: July 5, 2017
  • MPG (City/Hwy/Comb): 42/38/40

With an effective cost of just $225/month, the 2017 C-Max Hybrid SE is the cheapest lease on a hybrid. That’s $80/month less a Prius c ($305) and $100/month less than the standard Prius ($325).

If you’d prefer to finance, Ford is offering 0% APR for 60 months plus $1,900 cash. Current Ford lessees can even get a $1,750 loyalty bonus toward purchases that boosts savings to $3,650.

Key selling points: Extremely attractive price point, spacious cabin, more powerful than the Prius. 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: May 31, 2017
  • MPG (City/Hwy/Comb): 43/40/42

The 2017 Lexus CT 200h continues to be a stellar deal if you’re leasing. It may be hard to believe, but it’s actually $34/month cheaper to lease than a 2017 Prius Two when you compare effective lease costs ($291 vs. $325).

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

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: July 10, 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 2017 Optima Plug-In Hybrid has emerged as a top lease deal. With an effective cost of $345/month, it’s quite a bit cheaper to lease than the 2017 Hyundai Sonata Plug-In Hybrid ($378) despite a higher MSRP.

If you’re going to buy, the Hyundai has more discounts at $3,500 when factoring a $1,500 bonus for coming from another Hyundai or competing vehicle. However, the Kia has a slightly better finance offer of 0% APR for 60 months plus $500 cash.

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

  • Best Deal: Up to $15,000 bonus
  • MSRP: From $68,795
  • Expires: May 31, 2017
  • MPGe (Combined): 54
  • Estimated Range: 14 miles (EV), 350 total

*Other Incentives: $4,584 Federal Tax Credit + HOV lane access in CA

The Volvo XC90 Hybrid offers a rare level of luxury, but large incentives tend to be quite rare. That’s all changed thanks to an absurd new $15,000 bonus on the incredibly rare Excellence model. We’ve never seen a bonus that large on this model.

Volvo says the offer is meant to clear remaining inventory ahead of the arrival of the 2018 model. If you think the Excellence is still too expensive, it’s worth noting that every other T8 model is eligible for a $2,000 bonus. Now is a great time to buy while you can still find one in stock.

Key selling points: Scandinavian design at its finest, stellar safety technology, exclusive four-seat Excellence model. Get your custom quote »

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Best Electric Car Deals This Month

Ford Focus Electric
  • Best Deal: Lease from $149 for 36 months
  • Due at Signing: $2,639
  • Mileage: 10,500 miles/year
  • MSRP: $29,995
  • Expires: July 5, 2017
  • MPGe (City/Hwy/Comb): 118/96/107
  • Estimated Range: 114 mi

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

With an effective cost of just $222/month, the 2017 Ford Focus Electric is the cheapest lease on an EV. You can thank a whopping $11,750 in lease discounts for the incredibly low price.

Even better, current Ford lessees can take advantage of a $1,000 loyalty bonus when leasing, driving the cost down even further. If price is a top priority, the Focus Electric may be for you.

Key selling points: Based on the popular Focus hatchback, DC fast charging available, better range for 2017. Get your custom quote»

Volkswagen e-Golf
  • Best Deal: Lease from $159 for 36 months
  • Due at Signing: $2,349
  • Mileage: 10,000 miles/year
  • MSRP: $29,815
  • Expires: May 31, 2017
  • MPGe (City/Hwy/Comb): 126/111/119
  • Estimated Range: 125 mi

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

Now that the updated 2017 e-Golf is on its way, VW has ramped up discounts on the outgoing version. This month, the payment has been cut by $20, resulting in an effective lease cost of just $224/month.

Prefer to buy? You can now get 0% APR for 72 months plus a $6,000 bonus (compared to 0% for 60 months plus $4,000 last month). VW owners may lament the fact that the company has cancelled a $1,000 loyalty bonus for current customers.

Key selling points: Doesn’t look like most EVs, based on the popular Golf, unique German handling and design. Get your custom quote »

  • Best Deal: Lease for $275 for 36 months
  • Due at Signing: $2,500
  • Mileage: Unlimited
  • MSRP: $30,335
  • Expires: May 31, 2017
  • MPGe (Combined): 150/122/136
  • Estimated Range: 124 mi

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

The all-new Ioniq Electric is available for sale in California and boasts an innovative new program dubbed Ioniq Unlimited+. Unlike traditional leases, there's no limit to the amount of miles you can drive without incurring a penalty.

There's also the benefit of complimentary charging via a reimbursement program, as well as coverage for routine maintenance for 3 years or 50,000 miles. If you're a high-mileage driver, this offers an unparalleled value.

Although the amount due at signing is high, Hyundai expects it will be completely offset for most consumers by taking the California Clean Vehicle Rebate. You can also choose the better-equipped Limited and Limited Ultimate models starting at $305 and $365, respectively.

Key selling points: Brand-new model with a respectable 124 mi of range, lifetime battery warranty, no mileage limitation with subscription. Get your custom quote »

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Top Diesel Car Deals This Month

Chevy Cruze Diesel
  • Best Deal: Up to $5,500 cashback
  • MSRP: From $26,270 w/Automatic
  • Expires: May 31, 2017
  • MPGe (City/Hwy/Comb): 31/47/37
  • Estimated Range: 507 mi

The 2017 Cruze Diesel may be all-new but it’s already eligible for the same offers as the gas model. In addition to a $1,500 rebate, select cars in stock are eligible for up to a $1,500 Bonus Tag when financing with GM Financial. That's $3,000 in savings. But there's more.

Beginning May 9, current lessees of a 2008 or newer Chevy vehicle are eligible for a massive new $2,500 loyalty bonus toward the purchase of any Cruze. Altogether, that's $5,500 in available offers that can be stacked for maximum savings. You don't need to trade-in your current car to get the deal and can share it with members of the same house.

Key selling points: 507 miles of range, the only mainstream diesel at the moment, eye-popping highway fuel economy. Get your custom quote »

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Best Fuel-Efficient Gas Car Deals This Month

Toyota Yaris ia
  • Best Deal: $2,000 cashback
  • MSRP: From $17,935 w/Automatic
  • Expires: May 31, 2017
  • MPG (City/Hwy/Comb): 32/40/35

The Yaris iA continues to be an outstanding value thanks to a $2,000 rebate. That’s the most we’ve seen to date, and rather surprising for a car with such a low price point and impressive mix of standard features.

With a modest dealer discount, expect to see real-world prices in the mid-$15,000 range. That’s an incredible value for a car with a built-in pre-collision system. Alternatively, you can opt to finance at 0% APR for 72 months.

If you’re going to lease, the iA isn’t necessarily the best value. In fact, the 2017 Corolla SE leases for the exact same amount— $149 for 36 months with $1,999 at signing. And that’s despite an MSRP that’s $3,619 higher.

Key selling points: Built-in pre-collision system, many amenities rare at this price point, more fun to drive than the average budget commuter. 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
$225 2017 Ford C-Max Hybrid SE 200A $169 36 10.5k $1,999 Get Details
$275 2017 Hyundai Ioniq Hybrid Blue $219 36 12k $1,999 Get Details
$275 2017 Kia Niro LX DCT $219 36 12k $1,999 Get Details
$275 2017 Toyota Camry Hybrid LE Hybrid $219 36 12k $1,999 Get Details
$281 2017 Ford Fusion Hybrid SE Technology 600A $209 36 10.5k $2,589 Get Details
$291 2017 Lexus CT 200h Base $249 36 10k $1,499 Get Details
$295 2017 Kia Optima Hybrid Premium $239 36 12k $1,999 Get Details
$305 2017 Toyota Prius c One $249 36 12k $1,999 Get Details
$310 2017 Hyundai Sonata Hybrid Base (Conquest) $249 36 12k $2,199 Get Details
$314 2017 Honda Accord Hybrid Base CVT $239 36 12k $2,699 Get Details
$325 2017 Toyota Prius Two $269 36 12k $1,999 Get Details
$335 2017 Toyota Prius v Two $279 36 12k $1,999 Get Details
$338 2017 Hyundai Sonata Hybrid Base $249 36 12k $3,199 Get Details
$344 2017 Honda Accord Hybrid EX-L CVT $269 36 12k $2,699 Get Details
$365 2017 Toyota RAV4 Hybrid XLE AWD $309 36 12k $1,999 Get Details
$403 2017 Honda Accord Hybrid Touring CVT $309 36 12k $3,399 Get Details
$406 2017 Lincoln MKZ Hybrid Reserve w/Moon (Conquest) $329 36 10.5k $2,754 Get Details
$419 2017 Lincoln MKZ Hybrid Reserve w/Moon $329 36 10.5k $3,254 Get Details
$440 2017 Toyota Avalon Hybrid XLE (Southeast) $339 36 12k $3,638 Get Details
$520 2017 Lexus NX 300h Navigation 4x2 $409 36 10k $3,999 Get Details
$522 2017 Lexus ES 300h Premium $389 36 10k $4,799 Get Details
$620 2017 Lexus RX 450h Base with Navigation $509 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
$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
$378 2017 Hyundai Sonata Plug-In Hybrid Base $289 36 12k $3,199 Get Details
$405 2017 Toyota Prius Prime Plus $349 36 12k $1,999 Get Details
$435 2017 Audi A3 e-tron Premium $359 36 10k $2,753 Get Details
$509 2017 BMW 330e Base Sedan $389 36 10k $4,314 Get Details
$739 2017 BMW X5 eDrive xDrive40e $599 36 10k $5,024 Get Details
$769 2017 BMW 530e i Sedan $629 36 10k $5,054 Get Details
$941 2017 Volvo XC90 Hybrid T8 R-Design AWD $815 39 10k $4,915 Get Details
$976 2017 Volvo XC90 Hybrid T8 Inscription AWD $849 39 10k $4,949 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
$222 2017 Ford Focus Electric Base $149 36 10.5k $2,639 Get Details
$224 2016 Volkswagen e-Golf SE 4dr $159 36 10k $2,349 Get Details
$235 2017 Kia Soul EV EVe (CA only) $179 36 12k $1,999 Get Details
$236 2017 FIAT 500e Base (CA, OR) $180 36 12k $1,999 Get Details
$255 2017 Kia Soul EV EV (CA only) $199 36 12k $1,999 Get Details
$258 2017 Chevrolet Volt [CA/OR/Northeast] LT (Chevy Lease Loyalty) $258 39 15k $0 Get Details
$271 2017 Chevrolet Volt [CA/OR/Northeast] LT $258 39 15k $500 Get Details
$275 2017 Kia Soul EV EV+ (CA only) $219 36 12k $1,999 Get Details
$285 2017 Nissan LEAF S (30 kWh) $229 36 12k $1,999 Get Details
$324 2016 Volkswagen e-Golf SEL 4dr $259 36 10k $2,349 Get Details
$325 2017 Chevrolet Volt [National] LT (Chevy Lease Loyalty) $299 39 15k $999 Get Details
$344 2017 Hyundai Ioniq Electric Base (CA Only, Unlimited Miles) $275 36 N/A $2,500 Get Details
$357 2017 Chevrolet Volt [National] LT $299 39 15k $2,249 Get Details
$374 2017 Hyundai Ioniq Electric Limited (CA Only, Unlimited Miles) $305 36 N/A $2,500 Get Details
$377 2017 Chevrolet Bolt EV LT [CA/OR/Northeast] $329 36 15k $1,719 Get Details
$406 2017 BMW i3 Base $289 36 10k $4,214 Get Details
$434 2017 Hyundai Ioniq Electric Limited Ultimate (CA Only, Unlimited Miles) $365 36 N/A $2,500 Get Details
$439 2017 Chevrolet Bolt EV LT [National] $329 36 15k $3,969 Get Details
$447 2017 BMW i3 Base w/Range Extender $329 36 10k $4,254 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
$540 2017 BMW 328d i Sedan $419 36 10k $4,344 Get Details
$591 2017 BMW 328d xDrive SportsWagon $469 36 10k $4,394 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