Best EV, Plug-In, and Hybrid Leases & Deals: July 2021

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Senior Pricing Analyst

As CarsDirect’s resident pricing analyst, Alex offers must-know analysis of pricing & incentives to those looking to buy or lease a car. His consumer-oriented coverage of the latest trends and breaking news has been featured in publications such as Car and Driver, Motor Trend, Automobile Magazine and Autoblog.

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, Senior Pricing Analyst - July 13, 2021

We’ve uncovered the best EV lease deals in July, plus plug-in rebates and hybrid car deals worth knowing about. Despite having high prices on paper, manufacturer incentives can make zero-emissions vehicles substantially more affordable than their gasoline counterparts.

0% financing, lease deals, and EV tax credits can make it a great time to buy. You may even be eligible for plug-in rebates. For example, those in California can take advantage of the Clean Vehicle Rebate worth up to $2,000 plus the Clean Fuel Reward worth as much as $1,500.

Editor's Note: Due to a funding issue, the CVRP is putting new rebate applications on a waitlist.

Best EV Leases & Deals

  • Best Deal: Lease from $166/month
  • Due at Signing: $166
  • Mileage: 10,000 miles/year
  • MSRP: $38,245
  • Fuel Economy: 118 MPGe
  • Range: 259 miles

What's Hot: Once again, there isn’t a better deal than the 2021 Chevy Bolt if you’re planning to lease. In San Francisco, you can lease a Bolt LT with Fast Charge from as little as $166/month. Elsewhere, the price is $205 with $205 at signing. That’s a remarkable deal for an extended-range EV like the Bolt.

Worth Knowing: The deal includes a $1,500 bonus for coming from a competitive lease (or another Chevy lease) plus a $3,000 Costco member discount. The price doesn’t factor in state incentives like the Clean Vehicle Rebate or Clean Fuel Reward, so your actual savings could be greater. Customize Offer »

  • Best Deal: Lease from $199/month
  • Due at Signing: $1,999
  • Mileage: 10,000 miles/year
  • MSRP: $38,575
  • Fuel Economy: 120 MPGe
  • Range: 258 miles

What's Hot: An effective cost of $255/month makes the Kona Electric SEL just $2 more expensive than the regular Kona ($253) despite a $15,000 difference in MSRP. Better incentives make it an absolute steal by comparison, and that's before factoring in local plug-in rebates.

Worth Knowing: The featured offer is based on offers here in Southern California, but expect to see great deals elsewhere too. Customize Offer »

  • Best Deal: 0% APR + $6,000 Cash
  • MSRP: From $32,620
  • Fuel Economy: Up to 111 MPGe
  • Range: Up to 226 miles

What's Hot: The LEAF has some of the best financing incentives out of any Nissan. In addition to 0% APR for 72 months, NMAC is offering $6,000 in Special APR Cash. Previously, the best deal was 0% for 60 months plus $2,000.

Worth Knowing: While leasing can get you access to discounts of over $10,000, Nissan tends to advertise deals for the 40 kWh LEAF. If you're looking to drive more than 200 miles, you may need to consider one of the 62kWh PLUS models. Customize Offer »

What's Hot: While there isn't a rebate from Ford, you can actually get as much as a $2,500 discount when you choose Ford Options Plan. This is a new buying option involving balloon financing and can potentially save you a good deal of money versus leasing.

In addition, a $7,500 tax credit can bring your savings to $10,000. Beyond that, those in California may qualify for a $2,000 Clean Vehicle Rebate and $1,500 Clean Fuel Reward. Altogether, that's $13,500 in offers available for the taking.

Worth Knowing: Unlike other new EVs like the VW ID.4, Ford isn't passing the tax credit along to lessees in the form of lease cash. Ford Options Plan may be affordable, but you'll probably want to ensure you're eligible for the full credit. Customize Offer »

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Best Plug-In Hybrid (PHEV) Leases & Deals

Toyota Prius Prime
  • Best Deal: 0% APR for 72 months
  • MSRP: From $30,610
  • Fuel Economy: 105 MPGe
  • Range: 26 mi (EV), 560 mi (EV + Gas)

What's Hot: The Toyota Prius Prime features one of the brand's best APR deals with 0% financing for 72 months. To sweeten the deal, Toyota is offering $500 in bonus cash in Southern California. Alternatively, buyers in places like Boston will find up to a whopping $5,500 in manufacturer rebates.

Worth Knowing: Although the Prime remains eligible for a $900 California Clean Fuel Reward, a recent change has disqualified the model from the Clean Vehicle Rebate. Be sure to check your local state plug-in rebates to learn about your options. Customize Offer »

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Best Hybrid Leases & Deals

What's Hot: With an effective cost of $270/month, the latest deal on the Sonata Hybrid is $65 cheaper than the lowest advertised price on the Honda Accord Hybrid ($335). As a result, we consider this a superior value for the money.

Worth Knowing: The Sonata Hybrid is stocked by dealers far less than the regular Sonata and may be hard to find. We recommend shopping around for the best results. Example based on Southern California. Customize Offer »

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All EV Lease Deals

Effective Cost Model Monthly Payment Term Due at Signing Region Customize Offer
$171 2021 Chevrolet Bolt EV LT with Fast Charge (San Francisco, GM/Non-GM Lessees + Costco Bonus) $166 36 $166 National Customize Offer
$211 2021 Chevrolet Bolt EV LT with Fast Charge (GM/Non-GM Lessees + Costco Bonus) $205 36 $205 National Customize Offer
$231 2021 Nissan LEAF S $199 36 $1,149 Los Angeles, CA Customize Offer
$245 2021 Hyundai Ioniq Electric Base EV $189 36 $1,999 Southern California Customize Offer
$255 2021 Hyundai Kona Electric SEL $199 36 $1,999 Southern California Customize Offer
$257 2021 Chevrolet Bolt EV LT with Fast Charge (San Francisco, GM/Non-GM Lessees) $250 36 $250 National Customize Offer
$296 2021 Chevrolet Bolt EV LT with Fast Charge (GM/Non-GM Lessees) $288 36 $288 National Customize Offer
$380 2022 Chevrolet Bolt EV 1LT (GM/Non-GM Lessees + Costco Bonus) $269 36 $3,979 National Customize Offer
$407 2022 Chevrolet Bolt EV 1LT (GM/Non-GM Lessees) $269 36 $4,979 National Customize Offer
$411 2022 Chevrolet Bolt EUV 2LT (GM/Non-GM Lessees + Costco Bonus) $299 36 $4,039 National Customize Offer
$439 2022 Chevrolet Bolt EUV 2LT (GM/Non-GM Lessees) $299 36 $5,039 National Customize Offer
$478 2021 Volkswagen ID.4 PRO Electric SUV $379 36 $3,573 California Customize Offer
$618 2021 Toyota Mirai XLE Fuel Cell EV Sedan (CA Only) $549 36 $2,499 Southern California Customize Offer
$684 2021 Ford Mustang Mach-E Select Standard Range EV (Balloon Finance Estimate) $565 36 $4,290 California Customize Offer
$713 2021 Volvo XC40 Recharge EV $599 36 $4,099 Los Angeles, CA Customize Offer
$822 2021 Audi e-tron Quattro Premium $589 36 $8,383 Los Angeles, CA Customize Offer

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All Plug-In Hybrid (PHEV) Lease Deals

Effective Cost Model Monthly Payment Term Due at Signing Region Customize Offer
$245 2021 Hyundai Ioniq Plug-In Hybrid SE PHEV $189 36 $1,999 Southern California Customize Offer
$282 2021 Kia Niro Plug-In Hybrid LX PHEV $199 36 $2,999 CA, CO, DE, FL, HI, IL, IN, ME, MI, MN, ND, NE, OH, PA, UT, VT, WI, WY Customize Offer
$297 2021 Honda Clarity Plug-In Hybrid Base $219 36 $2,799 CA, CT, MA, MD, ME, NJ, NY, OR, RI, VT Customize Offer
$350 2021 Mitsubishi Outlander PHEV SEL $239 36 $3,988 National Customize Offer
$395 2021 Toyota Prius Prime LE Plug-In Hybrid (Estimated Payment) $313 36 $2,963 Southern California Customize Offer
$530 2021 Toyota RAV4 Prime SE AWD (Estimated Payment) $444 36 $3,094 Southern California Customize Offer
$553 2021 Volvo S60 T8 Recharge R-Design $449 36 $3,749 Los Angeles, CA Customize Offer
$668 2021 Volvo XC60 T8 Recharge Inscription Expression $549 36 $4,299 Los Angeles, CA Customize Offer
$806 2021 Volvo XC90 T8 Recharge Inscription Expression $665 36 $5,065 Los Angeles, CA Customize Offer

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All Hybrid Lease Deals

Effective Cost Model Monthly Payment Term Due at Signing Region Customize Offer
$245 2021 Hyundai Ioniq Hybrid Blue $189 36 $1,999 Southern California Customize Offer
$260 2021 Hyundai Elantra Hybrid SE Hybrid with Automatic $179 36 $2,899 Southern California Customize Offer
$270 2021 Hyundai Sonata Hybrid Base Hybrid Sedan $189 36 $2,899 Southern California Customize Offer
$272 2021 Kia Niro LX Hybrid $189 36 $2,999 CA, CO, DE, FL, HI, IL, IN, ME, MI, MN, ND, NE, OH, PA, UT, VT, WI, WY Customize Offer
$335 2021 Honda Accord Hybrid Base Hybrid Sedan $249 36 $3,099 National Customize Offer
$348 2021 Toyota Corolla Hybrid LE Hybrid Sedan (Estimated Payment) $267 36 $2,917 Southern California Customize Offer
$355 2022 Hyundai Tucson Blue Hybrid $255 36 $3,599 Southern California Customize Offer
$371 2021 Honda CR-V Hybrid EX Hybrid $279 36 $3,299 National Customize Offer
$396 2021 Toyota Prius L Eco Hybrid (Estimated Payment) $314 36 $2,964 Southern California Customize Offer
$399 2022 Hyundai Santa Fe SE $299 36 $3,599 Southern California Customize Offer
$409 2021 Hyundai Santa Fe Blue Hybrid $309 36 $3,599 Southern California Customize Offer
$409 2022 Hyundai Santa Fe SEL $309 36 $3,599 Southern California Customize Offer
$416 2021 Kia Sorento Hybrid S 1.6T Hybrid FWD $319 36 $3,499 CA, CO, DE, FL, HI, IL, IN, ME, MI, MN, ND, NE, OH, PA, UT, VT, WI, WY Customize Offer
$422 2021 Lexus UX UX 250h $339 36 $2,999 CA, CO, NM, OR, WA & More Customize Offer
$437 2021 Toyota Camry Hybrid LE Hybrid Sedan (Estimated Payment) $354 36 $3,004 Southern California Customize Offer
$439 2021 Honda Insight LX Hybrid (Estimated Payment) $411 36 $1,006 National Customize Offer
$450 2021 Toyota RAV4 Hybrid LE AWD (Estimated Payment) $366 36 $3,016 Southern California Customize Offer
$460 2021 Lexus ES ES 300h Base Hybrid $349 36 $3,999 CA, CO, NM, OR, WA & More Customize Offer
$461 2022 Honda Insight EX Hybrid (Estimated Payment) $432 36 $1,027 National Customize Offer
$469 2021 Toyota Venza LE Hybrid (Estimated Payment) $385 36 $3,035 Southern California Customize Offer
$482 2021 Lexus NX NX 300h AWD $399 36 $2,999 CA, CO, NM, OR, WA & More Customize Offer
$543 2021 Toyota Sienna LE FWD Hybrid (Estimated Payment) $457 36 $3,107 Southern California Customize Offer
$592 2021 Toyota Highlander Hybrid LE (Estimated Payment) $504 36 $3,154 Southern California Customize Offer
$620 2021 Lexus RX RX 450h Premium $509 36 $3,999 CA, CO, NM, OR, WA & More Customize Offer
$660 2021 Lexus RX RX 450hL Premium $549 36 $3,999 CA, CO, NM, OR, WA & More Customize Offer

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, Senior Pricing Analyst

As CarsDirect’s resident pricing analyst, Alex offers must-know analysis of pricing & incentives to those looking to buy or lease a car. His consumer-oriented coverage of the latest trends and breaking news has been featured in publications such as Car and Driver, Motor Trend, Automobile Magazine and Autoblog.

Follow On: Twitter

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