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

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Senior Pricing Analyst

As CarsDirect’s resident pricing analyst, Alex offers must-know analyses 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 by The Wall Street Journal, Fox Business, Motor Trend, Automobile Magazine, and more.

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, Senior Pricing Analyst - October 7, 2021

We're on the hunt for the best EV lease deals in October, 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. Many of this month's incentives will update tomorrow, so stay tuned for updates.

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 in CARB emission states. For example, those in California can take advantage of the Clean Vehicle Rebate worth up to $2,000 plus a Clean Fuel Reward worth as much as $1,500. For more great offers, see our ranking of the best lease deals on cars, SUVs, and trucks.

Updated October 7th

Best EV Leases & Deals

What's Hot: The 2022 LEAF benefits from a huge price cut and already features zero-interest financing for 6 years. Oh, and this is before the federal tax credit and state plug-in rebates.

Worth Knowing: Although Nissan initially offered an ultra-cheap $89/month lease, the brand is no longer advertising it. For now, it appears LEAF lease prices may be considerably more expensive. Customize Offer »

What's Hot: The Toyota Mirai is a fuel-cell electric vehicle (FCEV) with one of the largest single discounts on a car. Here in Southern California, the Mirai offers as much as a $25,000 discount when financing. Unbelievably, you can stack the offer with 0% APR for 72 months.

Worth Knowing: The hydrogen-powered Mirai is only sold in California and incentives vary depending on configuration. For example, the entry-level Mirai XLE trim ofers a $20,000 incentive and far less savings when leasing instead of buying. Customize Offer »

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Best Plug-In Hybrid (PHEV) Leases & Deals

  • Best Deal: Up to $4,000 off
  • MSRP: $48,695
  • Fuel Economy: 69 MPGe
  • Range: 22 mi (EV), 510 mi (EV + Gas)

What's Hot: This month's rebate on the 2021 Volvo S60 plug-in is worth 50% more than before. With $3,000 in savings, this is one of the largest discounts on a plug-in hybrid. Even better, current Volvo customers may qualify for a $1,000 loyalty bonus for up to $4,000 off MSRP.

Worth Knowing: An inventory shortage may make finding a 2021 model harder than you think. Offers on the 2022 S60 haven't ramped-up yet, so discounts are limited to just $1,750 with the loyalty bonus. Examples based on offers in California. 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
$229 2021 Hyundai Ioniq Electric Base EV $179 36 $1,799 Southern California Customize Offer
$257 2022 Nissan LEAF S 40 kWh (New York) $119 36 $4,969 New York City Customize Offer
$313 2022 Chevrolet Bolt EV 1LT (GM/Non-GM Lessees, San Francisco) $249 36 $2,289 San Francisco Customize Offer
$316 2022 Kia Niro EV EX EV $219 36 $3,499 CA, CO, DE, FL, HI, IL, IN, ME, MI, MN, ND, NE, OH, PA, UT, VT, WI, WY Customize Offer
$333 2022 Chevrolet Bolt EV 1LT (GM/Non-GM Lessees) $249 36 $3,039 National Customize Offer
$335 2022 Chevrolet Bolt EUV 2LT (GM/Non-GM Lessees, San Francisco) $269 36 $2,359 San Francisco Customize Offer
$355 2022 Chevrolet Bolt EUV 2LT (GM/Non-GM Lessees) $269 36 $3,109 National Customize Offer
$359 2022 Hyundai Kona SEL EV $259 36 $3,599 Southern California 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
$651 2021 Volvo XC40 Recharge EV $539 36 $4,039 Los Angeles, CA Customize Offer
$705 2022 Volvo XC40 Recharge Plus EV $589 36 $4,164 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
$292 2022 Kia Niro Plug-In Hybrid LX PHEV $209 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
$371 2022 Mitsubishi Outlander PHEV SEL $259 36 $4,033 National Customize Offer
$412 2022 Toyota Prius Prime LE (Estimated Payment) $329 36 $2,979 Southern California Customize Offer
$486 2022 Kia Sorento SX AWD Plug-In Hybrid $389 36 $3,499 CA, CO, DE, FL, HI, IL, IN, ME, MI, MN, ND, NE, OH, PA, UT, VT, WI, WY Customize Offer
$510 2021 Jeep Wrangler Unlimited Rubicon 4xe PHEV with Pkg 29V $415 42 $3,995 California Customize Offer
$539 2021 Volvo S60 T8 Recharge R-Design PHEV $435 36 $3,735 Los Angeles, CA Customize Offer
$543 2021 Toyota RAV4 Prime SE AWD (Estimated Payment) $457 36 $3,107 Southern California Customize Offer
$563 2022 Volvo S60 Recharge Inscription PHEV $459 36 $3,759 Los Angeles, CA Customize Offer
$710 2021 Volvo XC60 T8 Recharge Inscription Expression PHEV $589 36 $4,339 Los Angeles, CA Customize Offer
$736 2022 Volvo XC60 Recharge Inscription Expression PHEV $615 36 $4,365 Los Angeles, CA Customize Offer
$841 2021 Volvo XC90 T8 Recharge Inscription Expression PHEV $699 36 $5,099 Los Angeles, CA Customize Offer
$908 2022 Volvo XC90 Recharge Inscription Expression PHEV $765 36 $5,165 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
$260 2021 Hyundai Elantra Hybrid SE Hybrid with Automatic $179 36 $2,899 Southern California Customize Offer
$270 2022 Hyundai Elantra Blue Hybrid $189 36 $2,899 Southern California Customize Offer
$270 2021 Hyundai Sonata Hybrid Base Hybrid Sedan $189 36 $2,899 Southern California Customize Offer
$278 2021 Hyundai Ioniq Hybrid Blue $209 36 $2,499 Southern California Customize Offer
$282 2022 Kia Niro LX Hybrid $199 36 $2,999 CA, CO, DE, FL, HI, IL, IN, ME, MI, MN, ND, NE, OH, PA, UT, VT, WI, WY Customize Offer
$290 2022 Hyundai Sonata Blue Hybrid Sedan $209 36 $2,899 Southern California Customize Offer
$325 2022 Ford Maverick XLT Hybrid 4x2 SuperCrew w/Pkg 300A (Estimated Payment) $252 36 $2,630 California Customize Offer
$335 2021 Honda Accord Hybrid Base Hybrid Sedan $249 36 $3,099 National Customize Offer
$355 2022 Hyundai Tucson Blue Hybrid $255 36 $3,599 Southern California Customize Offer
$368 2022 Toyota Corolla Hybrid LE Hybrid Sedan (Estimated Payment) $286 36 $2,936 Southern California Customize Offer
$371 2021 Honda CR-V Hybrid EX Hybrid $279 36 $3,299 National Customize Offer
$391 2022 Honda CR-V Hybrid EX Hybrid $299 36 $3,299 National Customize Offer
$419 2022 Hyundai Santa Fe Blue Hybrid $319 36 $3,599 Southern California Customize Offer
$435 2022 Toyota Prius L Eco (Estimated Payment) $352 36 $3,002 Southern California Customize Offer
$438 2021 Toyota RAV4 Hybrid LE AWD (Estimated Payment) $355 36 $3,005 Southern California Customize Offer
$446 2021 Toyota Camry Hybrid LE Hybrid Sedan (Estimated Payment) $362 36 $3,012 Southern California Customize Offer
$446 2022 Kia Sorento S FWD Hybrid $349 36 $3,499 CA, CO, DE, FL, HI, IL, IN, ME, MI, MN, ND, NE, OH, PA, UT, VT, WI, WY Customize Offer
$458 2022 Toyota Camry Hybrid LE Hybrid Sedan (Estimated Payment) $374 36 $3,024 Southern California Customize Offer
$460 2022 Honda Insight EX Hybrid (Estimated Payment) $431 36 $1,026 National Customize Offer
$480 2021 Toyota Venza LE Hybrid (Estimated Payment) $395 36 $3,045 Southern California Customize Offer
$545 2021 Toyota Sienna LE Hybrid (Estimated Payment) $459 36 $3,109 Southern California Customize Offer
$550 2021 Lexus ES ES 300h Base Hybrid $439 36 $3,999 CA, CO, NM, OR, WA & More Customize Offer
$573 2021 Toyota Highlander Hybrid LE (Estimated Payment) $486 36 $3,136 Southern California Customize Offer
$580 2021 Lexus UX UX 250h $469 36 $3,999 CA, CO, NM, OR, WA & More Customize Offer
$610 2022 Lexus ES ES 300h Base Hybrid $499 36 $3,999 CA, CO, NM, OR, WA & More Customize Offer
$660 2021 Lexus NX NX 300h AWD $549 36 $3,999 CA, CO, NM, OR, WA & More Customize Offer
$662 2021 Toyota Avalon Hybrid XLE Hybrid (Estimated Paymment) $572 36 $3,222 Southern California Customize Offer
$670 2022 Lexus RX RX 450h Premium $559 36 $3,999 CA, CO, NM, OR, WA & More Customize Offer
$704 2022 Toyota Avalon Hybrid XLE Hybrid (Estimated Paymment) $613 36 $3,263 Southern California Customize Offer
$800 2022 Lexus RX RX 450h L Premium $689 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 analyses 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 by The Wall Street Journal, Fox Business, Motor Trend, Automobile Magazine, and more.

Follow On: Twitter

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