5 Best EV Lease Deals of 2025: Kia, Tesla, BMW, and Hyundai Under $500
The $7,500 federal credit, originally set to last through 2032, now sunsets early on September 30, 2025, due to budget reconciliation changes. But thanks to a leasing loophole, manufacturers can still apply it upfront - on cars that wouldn't otherwise qualify.
This is not a drill. This is your moment.
EPA-rated at 253 miles and riding on a 64.8 kWh battery, the Niro EV feels more like a midsize crossover than a budget eco-pod. Front-wheel drive, solid regen braking, and an honest layout make it a no-fuss, all-function urban runner. The cabin? More IKEA than Apple Store, but that's fine-this deal is about substance. Right now, several California dealers are quoting under $130/month with modest drive-offs. That's cheaper than most people's internet plan.
Hyundai's Kona Electric plays twin to the Niro under the skin but wears a sharper jacket. Inside, the tech is tasteful, and the ride tuned for calm, not cornering. It's the perfect commuter pod: quiet, simple, and cheap to juice. And for $169/month in many markets, it's the best answer to "what EV should I get if I hate charging apps?" Just plug it into your wall and go to sleep.
Tesla's way of doing discounts is not "talk to your finance guy." It's slashing the sticker in broad daylight. The Model 3 Long Range is leasing around $399/month in major metro areas. You still get the dual-motor setup, 300+ miles of range, and an ecosystem most brands still envy: Superchargers, OTA updates, and industry-leading resale. The vibe? Spartan and fast, like if Apple built a sport sedan on a dare.
Rear-drive. 335 hp. Looks like a Gran Coupe, drives like an E46 whispering in your ear. The BMW i4 doesn't brag - it balances. You get a proper driving position, clean interior lines, and enough torque to make passing a reflex. At under $500/month, this is premium EV done right. No fake grills. No startup stunts. Just Munich precision with a cable in the wall.
The EV6 doesn't just look fast - it feels expensive. It's the kind of car that makes you rethink what "entry-level" means. The Light RWD trim still rides on Hyundai-Kia's superb E-GMP platform, with fast charging, strong regen, and roomy interior volume. Right now, several dealers are offering this spaceship lookalike for $199/month. No catch. Just timing.
These aren't clearance-bin EVs. They're mature products getting one last price break before Uncle Sam stops pitching in. If you've ever thought, "maybe next year," this is the year. Indeed, this might be the month. Because in October, the lease math changes - and the best electric cars on the market may go back to pretending they're for someone else.
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