We’ve uncovered the best EV lease deals in October, plus plug-in rebates and hybrid car discounts. Apart from often being great to lease, zero and partial-zero emissions vehicles can also offer consumers incentives like federal tax credits and both state & local rebates.
Although rates on gas-guzzling trucks and SUVs have gone up, our analysis finds that deals on plug-ins have been excellent. Since EV and plug-in discounts generally favor leasing vs. buying, we've also listed every lease at the bottom of this page.
For additional insights, read our analysis of what coronavirus means for car buyers as well as our comprehensive of all manufacturers offering incentives in the wake of COVID-19.
Update (10/13/20): Hyundai has cut lease pricing (again) on the Ioniq EV to $189/mo
Best EV Deals
- Best Deal: Lease from $184 for 36 months
- Due at Signing: $184
- Mileage: 12,000 miles/year
- MSRP: $38,245
- Fuel Economy: 118 MPGe
- Range: 259 miles
What's Hot: Costco members are eligible for a $3,000 discount that can bring the price of a Bolt LT down to just $184/month with $184 at signing. Those in San Francisco can get an extra $1,400 off, resulting in a $145/month, $145 down lease that ranks as the cheapest lease in America.
Worth Knowing: The deal in question includes a $1,500 discount for coming from another lease. Alternatively, deals for buying involve a new 0.9% financing offer for 72 months plus as much as $7,350 cashback. Customize Offer »
- Best Deal: Lease from $199 for 36 months
- Due at Signing: $199
- Mileage: 10,000 miles/year
- MSRP: $32,525
- Fuel Economy: 111 MPGe
- Range: 149 miles
What's Hot: The 2020 LEAF benefits from a massive cut in price that allows shoppers to lease the 40kWh LEAF S for just $199 with $199 at signing. The offer is available nationally and is based on $10,375 in manufacturer lease cash.
Worth Knowing: This marks the best price we've seen to date. Along with qualifying for a $1,000 California Clean Vehicle Rebate, those looking to buy may also be eligible for up to a $7,500 federal tax credit. Customize Offer »
- Best Deal: Lease from $189 for 36 months
- Due at Signing: $2,199
- Mileage: 10,000 miles/year
- MSRP: $34,040
- Fuel Economy: 133 MPGe
- Range: 170 miles
What's Hot: A price cut in October made the 2020 Ioniq Electric $48/month cheaper to lease. However, Hyundai lowered prices even further by another $10 on October 9th. The car's effective cost is now even cheaper than a 2020 Ioniq Hybrid ($250 vs. $278). That's a pretty big deal considering the big difference in MSRP.
Worth Knowing: The deal in question is available in California and prices may vary in the other states in which it's sold. Like most electric cars, the Ioniq is also eligible for a $1,000 California Clean Vehicle Rebate and may qualify for additional savings from local utility companies. Customize Offer »
Best Plug-In Hybrid (PHEV) Deals
- Best Deal: Lease from $229 for 36 months
- Due at Signing: $1,999
- Mileage: 12,000 miles/year
- MSRP: $28,964
- Fuel Economy: 133 MPGe
- Range: 25 mi (EV), 640 mi (EV + Gas)
What's Hot: The 2020 Prius Prime benefits from yet another price cut that makes it cheaper to lease than the 2021 Prius L. With a $20 advantage in effective cost ($285 vs. $305), shoppers have the opportunity to pay less money for a car that's over $3,200 more expensive.
Worth Knowing: The Prime can actually be even cheaper if you qualify for a $1,000 Clean Vehicle Rebate (CVRP). That said, our analysis finds that supplies of the Prius Prime are extremely limited so you may need to shop around to find a dealer with one in stock. Customize Offer »
Best Hybrid Deals
- Best Deal: 0% APR for 72 months
- MSRP: From $28,725
- Fuel Economy: Up to 52 mpg overall
What's Hot: Deals on the all-new Sonata Hybrid remain extremely good with zero-interest financing for up to 72 months in most parts of the country. We think shoppers will find this to be a better deal compared to the other option available this month: a $2,000 rebate.
Worth Knowing: A short model year could make finding one hard to find. 2021 Sonata Hybrids are already starting to arrive, although rates are quite a bit higher at 0.9% APR for 60 months and 1.9% for 72. Customize Offer »
- Best Deal: Lease from $249 for 36 months
- Due at Signing: $1,999
- Mileage: 12,000 miles/year
- MSRP: $29,464
- Fuel Economy: Up to 52 mpg overall
What's Hot: The 2020 Camry Hybrid is cheaper to lease in October following a price cut. Shoppers may find the car to be a better deal than the regular Camry for an extra $10 in payment ($249 vs. $239). Considering the hybrid's MSRP is over $2,200 higher and gets better fuel economy, upgrading could be a no-brainer.
Worth Knowing: The hybrid tends to be harder to find than the gas Camry, so you may need to shop around. Toyota is also facing one of the worst inventory shortages, so your results may vary. Offers vary by region and the example in question is for Southern California. Customize Offer »
All EV Lease Deals
| Effective Cost | Model | Monthly Payment | Term | Due at Signing | Region | Customize Offer |
| $149 | 2020 Chevrolet Bolt EV LT (San Francisco, Incl.Costco & GM/Non-GM Lease Bonus) | $145 | 36 | $145 | San Francisco | Customize Offer |
| $189 | 2020 Chevrolet Bolt EV LT (National, Incl.Costco & GM/Non-GM Lease Bonus) | $184 | 36 | $184 | San Francisco | Customize Offer |
| $205 | 2020 Nissan LEAF S 40 kWh | $199 | 36 | $199 | Los Angeles | Customize Offer |
| $260 | 2020 Hyundai Ioniq Electric Base EV (California) | $199 | 36 | $2,199 | California | Customize Offer |
| $275 | 2020 Chevrolet Bolt EV LT (GM/Non-GM Lessees) | $239 | 36 | $1,309 | National | Customize Offer |
| $362 | 2020 Kia Niro EV EX | $279 | 36 | $2,999 | CA & Select States | Customize Offer |
| $390 | 2020 Hyundai Kona Electric SEL | $279 | 36 | $3,999 | Los Angeles | Customize Offer |
| $410 | 2020 BMW i3 Base | $299 | 36 | $3,999 | California | Customize Offer |
| $430 | 2021 Hyundai Kona Electric SEL | $319 | 36 | $3,999 | Los Angeles | Customize Offer |
| $458 | 2020 Toyota Mirai Base | $389 | 36 | $2,499 | Southern California | Customize Offer |
| $1,026 | 2020 Jaguar I-PACE HSE | $859 | 36 | $5,995 | National | Customize Offer |
All Plug-In Hybrid (PHEV) Lease Deals
| Effective Cost | Model | Monthly Payment | Term | Due at Signing | Region | Customize Offer |
| $285 | 2020 Toyota Prius Prime LE | $229 | 36 | $1,999 | Southern California | Customize Offer |
| $298 | 2020 Kia Niro Plug-In Hybrid LX | $229 | 36 | $2,499 | CA & Select States | Customize Offer |
| $303 | 2020 Hyundai Ioniq Plug-In Hybrid SE PHEV | $239 | 36 | $2,299 | Los Angeles | Customize Offer |
| $367 | 2020 Honda Clarity Plug-In Hybrid Base (CA, CT, MA, MD, ME, NJ, NY, OR, RI, VT) | $289 | 36 | $2,799 | Select States | Customize Offer |
| $372 | 2020 Kia Optima Plug-In-Hybrid EX | $289 | 36 | $2,999 | CA, UT, HI | Customize Offer |
| $374 | 2020 Mitsubishi Outlander PHEV SEL AWD | $269 | 36 | $3,768 | National | Customize Offer |
| $416 | 2021 Toyota Prius Prime LE (Estimated Payment) | $333 | 36 | $2,983 | Southern California | Customize Offer |
| $426 | 2020 Honda Clarity Plug-In Hybrid Touring (CA, CT, MA, MD, ME, NJ, NY, OR, RI, VT) | $329 | 36 | $3,499 | Select States | Customize Offer |
| $495 | 2021 Toyota RAV4 Prime SE | $439 | 36 | $1,999 | Southern California | Customize Offer |
All Hybrid Lease Deals
| Effective Cost | Model | Monthly Payment | Term | Due at Signing | Region | Customize Offer |
| $275 | 2021 Toyota Corolla Hybrid LE | $219 | 36 | $1,999 | Southern California | Customize Offer |
| $278 | 2020 Hyundai Ioniq Hybrid Blue | $209 | 36 | $2,499 | Los Angeles | Customize Offer |
| $288 | 2020 Kia Niro LX | $219 | 36 | $2,499 | CA & Select States | Customize Offer |
| $300 | 2020 Honda Accord Hybrid Base (Sign & Drive) | $300 | 36 | $0 | CA & Select States | Customize Offer |
| $305 | 2020 Toyota Camry Hybrid LE | $249 | 36 | $1,999 | Southern California | Customize Offer |
| $305 | 2021 Toyota Prius L Eco | $249 | 36 | $1,999 | Southern California | Customize Offer |
| $314 | 2020 Hyundai Sonata Hybrid Base | $239 | 36 | $2,699 | Los Angeles | Customize Offer |
| $324 | 2021 Hyundai Sonata Hybrid Base | $249 | 36 | $2,699 | Los Angeles | Customize Offer |
| $330 | 2020 Honda CR-V Hybrid LX AWD Hybrid (Sign & Drive) | $330 | 36 | $0 | National | Customize Offer |
| $342 | 2020 Kia Optima Hybrid EX | $259 | 36 | $2,999 | CA, UT, HI | Customize Offer |
| $350 | 2020 Honda Accord Hybrid EX (Sign & Drive) | $350 | 36 | $0 | CA & Select States | Customize Offer |
| $360 | 2020 Honda CR-V Hybrid EX AWD Hybrid (Sign & Drive) | $360 | 36 | $0 | National | Customize Offer |
| $390 | 2020 Honda CR-V Hybrid EX-L AWD Hybrid (Sign & Drive) | $390 | 36 | $0 | National | Customize Offer |
| $400 | 2020 Honda Accord Hybrid EX-L (Sign & Drive) | $400 | 36 | $0 | CA & Select States | Customize Offer |
| $412 | 2020 Lexus UX UX 250h Premium AWD | $329 | 36 | $2,999 | Western States | Customize Offer |
| $426 | 2021 Toyota RAV4 Hybrid XLE | $303 | 24 | $2,953 | Southern California | Customize Offer |
| $430 | 2020 Honda CR-V Hybrid Touring AWD Hybrid (Sign & Drive) | $430 | 36 | $0 | National | Customize Offer |
| $450 | 2020 Honda Accord Hybrid Touring (Sign & Drive) | $450 | 36 | $0 | CA & Select States | Customize Offer |
| $462 | 2020 Lexus NX NX 300h AWD | $379 | 36 | $2,999 | Western States | Customize Offer |
| $465 | 2020 Toyota Highlander Hybrid LE | $409 | 36 | $1,999 | Southern California | Customize Offer |
| $472 | 2021 Lexus NX NX 300h AWD | $389 | 36 | $2,999 | Western States | Customize Offer |
| $490 | 2021 Lexus ES ES 300h Base Hybrid | $379 | 36 | $3,999 | Western States | Customize Offer |
| $492 | 2021 Toyota Venza LE Hybrid (Estimated Payment) | $407 | 36 | $3,057 | Southern California | Customize Offer |
| $530 | 2021 Lexus RX RX 350 Premium with Heated Seats | $419 | 36 | $3,999 | Western States | Customize Offer |
| $589 | 2021 Toyota Highlander Hybrid LE (Estimated Payment) | $501 | 36 | $3,151 | Southern California | Customize Offer |
| $590 | 2020 Lexus RX RX 450h with Blind Spot, Sunroof & Heated Seats | $479 | 36 | $3,999 | Western States | Customize Offer |
| $600 | 2021 Lexus RX RX 450h Premium | $489 | 36 | $3,999 | Western States | Customize Offer |
| $620 | 2021 Lexus RX RX 350L Premium with Heated Seats | $509 | 36 | $3,999 | Western States | Customize Offer |
| $640 | 2020 Lexus RX RX 450hL Premium with Blind Spot & Heated Seats | $529 | 36 | $3,999 | Western States | Customize Offer |
| $660 | 2021 Lexus RX RX 450hL Premium | $549 | 36 | $3,999 | Western States | Customize Offer |
| $709 | 2020 Toyota Avalon Hybrid XLE (Estimated Payment) | $618 | 36 | $3,268 | Southern California | Customize Offer |
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