Best Green Car Deals: August 2018

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 - August 3, 2018

We’ve uncovered cheap leases in August on electric cars, plug-in hybrids, hybrids and other fuel efficient cars starting at just $149/month. Some involve discounts worth up to $16,400.

Plug-in buyers benefit from a number of special incentives. In California, drivers enjoy use of the carpool lane. The Clean Vehicle Rebate also offers up to $4,500 in savings based on income.

This month, we've de-emphasized certain models that are only available in token quantities. We're also now highlighting what we consider to be the best deals for EV models sold nationally.

You can still find all leases that we track in the tables located at the bottom of this page.

Updated August 3

Best Electric Car Deals This Month

  • Best Deal: Lease from $219 for 36 months
  • Due at signing: $3,979
  • Mileage: 12,000 miles/year
  • MSRP: From $30,875
  • Expires: August 31
  • Fuel Economy: 112 MPGe
  • Range: 151 miles

What's Hot: Although there aren't a lot of EVs sold nationally, the LEAF S features a $10,025 lease discount that makes it a pretty good value. Its effective cost is $330, over $120 (per month!) cheaper than a Chevy Bolt LT.

Coming from another LEAF? Nissan is offering a $1,000 loyalty bonus to sweeten the deal. If you live in a place like California, you may be eligible for additional incentives like the $2,500 Clean Vehicle Rebate.

What's Not: Not all versions of the LEAF are eligible for the same incentives. For example, the LEAF SV only gets $8,175 in lease cash, $1,850 less than the S.

Where you can find this deal: Figures listed here are for California. Get your custom quote»

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  • Best Deal: $7,250 Cash + 0% Financing
  • MSRP: From $34,240
  • Expires: September 4
  • Fuel Economy: 112 MPGe
  • Range: 84 miles

What's Hot: Offers on the 500e continue to favor buying to a much greater extent than in the past. Although the model typically sees a $500 rebate, last month's massive $7,250 bonus has been renewed. But that's not all.

Since it's classified as a bonus, you can stack it with 0% financing for 72 months. Even better, those leasing another brand (EV or otherwise) are eligible for a $1,000 "lease conquest" incentive.

Keep in mind that this is all before a $7,500 federal tax credit and California Clean Vehicle Rebate that's worth $2,500 for most individuals.

What's Not: With a range of 84 miles, the 500e may not be as appealing as a LEAF or Chevy Bolt. Leases start at $229 for 36 months with $2,149 at signing, translating to an effective cost that's nearly $50 higher than last year's model.

Where you can find this deal: Figures listed here are for California. Get your custom quote»

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Best Plug-in Hybrid Car Deals This Month

Chevy Volt
  • Best Deal: Lease from $234 for 36 months
  • Due at signing: $0 (Non-GM Lessees)
  • Mileage: 10,000 miles/year
  • MSRP: From $34,095
  • Expires: September 4
  • Fuel Economy: 106 MPGe
  • Range: 53 miles (EV), 420 total

What's Hot: The Volt benefits from $6,900 in lease cash in California and Oregon. If you're a non-GM lessee, you may be eligible for a $500 conquest bonus that brings this to as much as $7,400.

This remains one of the better deals we've seen to date. It's also worth noting that this is a Sign & Drive promo that covers your first month's payment.

What's Not: Those outside California aren't eligible for the same incentives. For example, shoppers in the Northeast are only eligible for $5,400 in lease cash, while the amount is a mere $2,900 everywhere else.

Where you can find this deal: Figures listed here are available in California and Oregon. Get your custom quote »

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Best Hybrid Car Deals This Month

  • Best Deal: $3,000 + 0% Financing
  • MSRP: From $26,265
  • Expires: October 1
  • Fuel Economy: 43/42/42 (City/Hwy/Overall)

What's Hot: 0% financing for 72 months is becoming increasingly rare. The Fusion Hybrid gets 0% APR for 72 months plus a $3,000 financing bonus. For some perspective, the 2018 Prius is only eligible for a $1,000 rebate.

What's Not: If you aren't planning to finance, you won't be eligible for the $3,000 incentive since it requires taking out a loan through Ford Credit.

Where you can find this deal: This is a regional offer available in California. Get your custom quote »

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Top Diesel Car Deals This Month

  • Best Deal: Up to $6,036 off MSRP
  • MSRP: From $31,695
  • Expires: August 31
  • Fuel Economy: 28/39/32 (City/Hwy/Overall)

What's Hot: Chevy has taken its "18% Off MSRP" promo from last month and expanded it to every trim, not just the LT. This can equate to over $6,400 in savings in the case of a top-spec Premier model.

What's Not: The deal comes with the caveat that you must take out a loan through GM Financial. If you don't plan on doing so, the discount falls to 15%. The deal only applies to those looking to buy rather than lease.

Where you can find this deal: This is a national offer. Get your custom quote »

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Best Fuel-Efficient Gas Car Deals

2018 Hyundai Elantra
  • Best Deal: 0% APR for 72 months + $1,000
  • MSRP: From $18,835
  • Expires: September 4
  • Fuel Economy: 32/40/35 (City/Hwy/Overall)

Why it's a top pick: The Elantra continues to feature the same deal as last month. All versions, including the fuel-sipping Eco, are eligible for 0% financing for 72 months plus a $1,000 bonus.

Alternatively, you have the option of taking a $2,500 rebate, but our analysis shows you may save more money in the long run by taking the 0% deal.

On a $22,000 car, your cost with the 0% and bonus would be $21,000, with a payment of $291/month. With the rebate it would be $21,023, with a payment of $350/month on a 5-year loan at 3%.

Where you can find this deal: This is a national promotion. Get your custom quote »

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See this month's top discounts ranked by segment »

All Green Car Leases 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.

We’ve listed the effective monthly cost of 57 leases. Browse the following segments in order of price:

All Electric Car Lease Deals

Effective Cost Model Monthly Payment Term Due at Signing Region More Info
$207 2018 Ford Focus Electric Base $149 36 $2,079 California Get Details
$255 2018 Kia Soul EV EV Base $199 36 $1,999 National Get Details
$275 2018 Kia Soul EV EV+ $219 36 $1,999 National Get Details
$289 2018 FIAT 500e Base $229 36 $2,149 California, Oregon Get Details
$330 2018 Nissan LEAF S $219 36 $3,979 Los Angeles Get Details
$364 2018 Hyundai Ioniq Electric Base $295 36 $2,500 California Get Details
$402 2017 Volkswagen e-Golf SE $319 36 $2,999 California Get Details
$442 2018 Chevrolet Bolt EV LT [CA/OR/Northeast] Non-GM Lessees $442 36 $0 CA/OR/Northeast Get Details
$447 2018 BMW i3 Base i3 $329 36 $4,254 California Get Details
$456 2018 Chevrolet Bolt EV LT [CA/OR/Northeast] $442 36 $500 CA/OR/Northeast Get Details
$464 2018 Hyundai Ioniq Electric Limited $395 36 $2,500 California Get Details
$488 2018 BMW i3 Base i3s $369 36 $4,294 California Get Details
$492 2017 Volkswagen e-Golf SEL $409 36 $2,999 California Get Details
$499 2018 BMW i3 Base i3 w/Range Extender $379 36 $4,304 California Get Details
$516 2018 Chevrolet Bolt EV LT [National] $399 36 $4,209 National Get Details
$540 2018 BMW i3 Base i3s w/Range Extender $419 36 $4,344 California Get Details


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All Plug-in Hybrid Lease Deals

Effective Cost Model Monthly Payment Term Due at Signing Region More Info
$234 2018 Chevrolet Volt [CA/OR] LT (Non-GM Lessees) $234 36 $0 CA, OR Get Details
$248 2018 Chevrolet Volt [CA/OR] LT $234 36 $500 CA, OR Get Details
$297 2018 Chevrolet Volt [Northeast] LT $280 39 $665 Northeast Get Details
$325 2018 Hyundai Ioniq Plug-In Hybrid Base $269 36 $1,999 Los Angeles Get Details
$328 2018 Kia Niro Plug-In Hybrid LX PHEV $259 36 $2,499 California Get Details
$332 2018 Honda Clarity Plug-In Hybrid Base (CT, MA, MD, ME, NJ, NY, RI, VT) $249 36 $2,999 Select States Get Details
$358 2018 Kia Optima Plug-In Hybrid Premium $289 36 $2,499 California Get Details
$368 2018 Chevrolet Volt [National] LT $269 39 $3,849 National Get Details
$372 2018 Honda Clarity Plug-In Hybrid Base (CA, OR) $289 36 $2,999 Select States Get Details
$400 2018 Honda Clarity Plug-In Hybrid Touring (CT, MA, MD, ME, NJ, NY, RI, VT) $289 36 $3,999 Select States Get Details
$403 2018 Mitsubishi Outlander PHEV SEL AWD $289 36 $4,088 National Get Details
$425 2018 Toyota Prius Prime Plus $369 36 $1,999 Southern California Get Details
$440 2018 Honda Clarity Plug-In Hybrid Touring (CA, OR) $329 36 $3,999 Select States Get Details
$470 2018 Audi A3 e-tron 1.4T Premium Plug-In $379 36 $3,273 Los Angeles Get Details
$585 2018 Chrysler Pacifica Hybrid Touring Plus $484 36 $3,649 National Get Details
$603 2018 Chrysler Pacifica Hybrid Touring L $502 36 $3,649 National Get Details
$637 2018 Chrysler Pacifica Hybrid Limited $536 36 $3,649 National Get Details
$689 2018 Volvo S90 T8 Momentum AWD $589 36 $3,589 Western States Get Details
$732 2018 Volvo XC60 T8 Momentum AWD $619 36 $4,069 Western States Get Details
$736 2018 Volvo S90 T8 Inscription AWD $635 36 $3,635 Western States Get Details
$779 2018 Volvo XC60 T8 Inscription AWD $665 36 $4,115 Western States Get Details
$808 2018 Volvo XC90 T8 Momentum AWD $685 39 $4,785 Western States Get Details
$945 2018 Volvo XC90 T8 Inscription AWD $819 39 $4,919 Western States Get Details


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All Hybrid Lease Deals

Effective Cost Model Monthly Payment Term Due at Signing Region More Info
$235 2018 Ford C-Max Hybrid SE 200A $169 36 $2,369 California Get Details
$285 2018 Hyundai Ioniq Hybrid Blue $229 36 $1,999 Los Angeles Get Details
$292 2018 Kia Niro LX $209 36 $2,999 California Get Details
$318 2018 Kia Optima Hybrid Premium $249 36 $2,499 California Get Details
$325 2018 Toyota RAV4 Hybrid XLE AWD $269 36 $1,999 Southern California Get Details
$328 2018 Hyundai Sonata Hybrid Base $259 36 $2,499 Los Angeles Get Details
$335 2018 Toyota Camry Hybrid LE Hybrid $279 36 $1,999 Southern California Get Details
$345 2018 Toyota Prius c One $289 36 $1,999 Southern California Get Details
$385 2018 Toyota Prius Two $329 36 $1,999 Southern California Get Details
$407 2018 Lincoln MKZ Hybrid Reserve w/Moonroof $299 36 $3,874 Los Angeles Get Details
$431 2019 Lexus NX NX 300 4x2 with Heated Seats $339 36 $3,299 Western States Get Details
$450 2018 Lexus NX NX 300h 4x4 with Power Back Door $339 36 $3,999 Western States Get Details
$460 2019 Lexus NX NX 300h 4x4 with Power Back Door $349 36 $3,999 Western States Get Details
$518 2018 Lexus ES ES 300h Premium with Blind Spot & Nav $379 36 $4,999 Western States Get Details
$522 2019 Toyota Avalon Hybrid XLE (New York) $439 36 $2,999 New York Get Details
$560 2018 Lexus RX RX 450h with Blind Spot $449 36 $3,999 Western States Get Details
$570 2018 Lexus RX RX 450hL Premium with Heated Seats $459 36 $3,999 Western States 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