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    Cheapest Electric Vehicles to Lease This May for Under $300/Month

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    Affordable Electric Vehicle Lease Deals This May

    The electric vehicle market continues to grow, with over 1.3 million EVs sold in the US in 2024 and nearly 300,000 sold in the first quarter of 2025. Several manufacturers are now offering competitive lease deals, making EVs more accessible than ever. Here are some of the cheapest EVs you can lease this May:

    Top EV Lease Offers Under $300/Month

    1. 2025 Kia Niro EV: $129/month for 24 months with $3,999 due at signing
    2. 2024 Kia EV6: $179/month for 24 months with $3,999 due at signing
    3. 2025 Hyundai IONIQ 5: $209/month for 24 months with $3,999 due at signing
    4. 2025 Hyundai IONIQ 6: $169/month for 24 months with $3,999 due at signing
    5. 2024 Honda Prologue: $239/month for 36 months with $1,399 due at signing
    6. 2024 Acura ZDX: $299/month for 24 months with $2,999 due at signing
    7. 2025 Chevy Equinox EV: $289/month for 24 months with $2,399 due at signing
    8. 2024 Ford Mustang Mach-E: $213/month for 36 months with $4,462 due at signing
    9. 2024 Ford F-150 Lightning: $233/month for 24 months with $6,792 due at signing
    10. 2024 Subaru Solterra: $279/month for 36 months with $279 due at signing
    11. 2025 Nissan Ariya: $129/month for 36 months with $4,409 due at signing
    12. Fiat 500e: $159/month for 24 months with $1,999 due at signing
    Hyundai IONIQ 5
    Hyundai’s 2025 IONIQ 5 Limited now features a Tesla NACS port, enhancing its appeal with improved charging capabilities.
    Honda Prologue
    The Honda Prologue continues to make waves in the EV market, offering an ultra-low lease rate of $239/month in certain states.
    Chevy Equinox EV
    Chevrolet’s Equinox EV remains competitive with lease rates starting at $289/month for the 2025 model.
    Ford EVs
    Ford is sweetening the deal on its EVs, including the Mustang Mach-E and F-150 Lightning, with offers like free Level 2 home chargers.
    Subaru Solterra
    The Subaru Solterra offers competitive pricing and standard AWD, making it an attractive option at $279/month.

    Regional Variations in Lease Deals

    Some lease offers vary by region. For example:

    • The $239/month Honda Prologue deal is available in California and other Zero Emission Vehicle (ZEV) states.
    • Acura’s $299 ZDX promotion is limited to California, New York, Oregon, and select other states.
    • Nissan is offering Ariya lease prices as low as $129/month in certain areas.

    Impact of Potential Policy Changes

    With the possibility of federal EV incentives ending, including the $7,500 tax credit, these lease deals may not last. Automakers are currently factoring in these credits to offer lower monthly payments. Potential buyers should consider acting soon to take advantage of these savings.

    These affordable lease options make now an excellent time to transition to an electric vehicle. However, shoppers should verify availability and terms as they can vary by location and are subject to change.

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