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The best time to buy or lease a new car typically falls at the end of the month, the end of the quarter, the end of the year, and on holidays. However, some folks are calling 2022 the year of electric cars, and competition is mounting. Will this mean better deals in 2022? Or, will some dealers continue taking advantage of price gouging?
While many brands haven\’t yet published their manufacturer-sponsored leasing and financing offers this month, we like to get this article out as soon as deals begin to publish. It\’s our hope that you can use this article to get a basic idea of manufacturer-sponsored offers. However, you may be able to work out a better deal with your local dealer. At the same time, you could pay much more than the advertised incentives suggest.
That said, we will tell you upfront that the deals thus far this month are proving to be similar to May\’s deals, though interest rates, monthly lease payments, and down payments continue to rise. In addition, it seems there are far fewer offers available on some vehicles, as well as fewer appealing deals as a whole.
As electric cars increase in popularity, we may begin to see more traditional deals on them, but that doesn\’t mean local dealers will comply. In addition, if some automakers are struggling to sell EVs, the situation may encourage healthy incentives. However, the growing demand for some EVs is making incentives more scarce.
Still, some electric vehicles are available with either appealing lease deals, large discounts, or low financing rates. Some cars are available with a combination of these offers. Not all deals are equally appealing, but we\’ve included them for comparison, and we\’ll be working to add more throughout the coming days.
Nissan Leaf deals aren\’t as appealing on the 2022 model, but they\’re still enticing. Leasing a Tesla Model 3 or Tesla Model Y isn\’t cheap, and Tesla recently raised its lease prices and interest rates, but the deals are still better than much of the competition.
The Chevrolet Bolt EV and Bolt EUV once again have lease deals available. In fact, they\’re pretty appealing compared to the competition. Soon, you\’ll be able to get the 2023 models at a huge discount compared to the current models.
We always suggest checking out Hyundai and Kia for some of the best EV deals available each month. We\’re talking about cheap leases (sometimes with $0 down), low APR, and reasonable bonus cash. If you need to get into a compelling electric vehicle with the cheapest payment, the Hyundai Kona Electric or Kia Niro EV are some of the best options at this time.
Keep in mind that deals aren\’t available in all markets, and some have specific restrictions, so check with your local dealer for details on what\’s available in your area. The best deals typically apply to people with excellent credit ratings. Moreover, the best manufacturer-sponsored incentives are often reserved for returning lessees, as well as automaker employees, family, and friends.
Be sure to bookmark this page and check back often as we update deals regularly as new info becomes available.
2022 Audi e-tron
- Lease for $641 per month for 36 months with $5,535 due at signing
- 3.49% APR for 60 months (financing incentive applies to all e-tron models)
2022 BMW iX
- Lease for $1,289 per month for 36 months with $5,799 due at signing
- 3.49% APR for up to 60 months
2022 Chevrolet Bolt EV
- Lease for $219 per month for 36 months with $6,499 due at signing
- $500 cash back
- Better deals are available for returning lessees
2022 Chevrolet Bolt EUV
- Lease for $239 per month for 36 months with $6,579 due at signing
- $500 cash back
- Better deals are available for returning lessees
2022 Chrysler Pacifica Hybrid
- Lease for $499 per month for 39 months with $4,749 due at signing
- $750 cash back
2022 Hyundai Ioniq 5
- 3.25% APR for 60 months
- $250 cash back
2022 Hyundai Kona Electric
- Lease for $259 per month for 36 months with $3,899 due at signing
- 2.25% APR for 60 months
- $500 cash back
2022 Hyundai Santa Fe Plug-In Hybrid
- Lease for $470 per month for 36 months with $3,699 due at signing
- 3.25% APR for 60 months
- $250 cash back
2022 Hyundai Tucson Plug-In Hybrid
- Lease for $485 per month for 36 months with $3,699 due at signing
- 3.25% APR for 60 months
- $250 cash back
2022 Hyundai Nexo Fuel Cell
- Lease for $549 per month for 36 months with $2,999 due at signing
- 0% APR for 60 months plus $7,500 off
2022 Jeep Wrangler 4xe
- Lease for $416 per month for 36 months with $3,995 due at signing
2022 Kia Niro EV
- Lease for $299 per month for 24 months with $3,499 due at signing
- 2.9% APR for 48 months
2022 Kia Niro Plug-In Hybrid
- Lease for $239 per month for 24 months with $3,663 due at signing
- 2.9% APR for 48 months
2022 Kia Sorento Plug-In Hybrid
- Lease for $429 per month for 24 months with $3,999 due at signing
2022 Mazda MX-30
- Lease for $289 per month for 24 months with $2,999 due at signing
- 0.9% APR for up to 36 months
- $500 credit for ChargePoint ho
me charger or public charging - $500 step-up bonus cash
2022 Mercedes-Benz EQS
- Lease for $1,289 per month for 36 months with $9,093 due at signing
2022 Mini Cooper SE
- 5.76% APR for up to 60 months
2022 Mitsubishi Outlander PHEV
- Lease for $349 per month for 36 months with $4,198 due at signing
2022 Nissan LEAF
- Lease for $339 per month for 36 months with $2,079 due at signing
- 1.9% APR for up to 72 months
2022 Polestar 2
- Lease for $525 per month for 36 months with $6,000 due at signing
- 3% APR for up to 60 months
2022 Porsche Taycan
- Lease starting at $1,149 per month for 36 months with $10,919 due at signing
- Lease 4S models for $1,599 per month for 36 months with $14,579 due at signing
2022 Tesla Model 3
- Lease for $499 per month for 36 months with $4,500 due at signing
- 3.74% APR for up to 72 months
2022 Tesla Model Y
- Lease for $739 per month for 36 months with $4,500 due at signing
- 3.74% APR for up to 72 months
2022 Tesla Model S
- Lease for $1,399 per month for 36 months with $7,500 due at signing
- 3.74% APR for up to 72 months
2022 Tesla Model X
- Lease for $1,629 per month for 36 months with $7,500 due at signing
- 3.74% APR for up to 72 months
2022 Toyota Mirai
- Lease for $679 per month for 36 months with $3,499 due at signing
- 0% APR for 72 months
2022 Toyota Prius Prime
- Lease for $299 per month for 36 months with $2,999 due at signing
- $500 customer cash
2022 Volvo XC40 Recharge
- Lease for $715 per month for 36 months with $4,225 due at signing
- \”Standard\” % APR for up to 60 months and up to $500 cash
2022 Volvo XC60 Recharge
- Lease for $809 per month for 36 months with $4,559 due at signing
- \”Standard\” % APR for up to 60 months and up to $500 cash
2022 Volvo XC90 Recharge
- Lease for $849 per month for 36 months with $5,249 due at signing
- \”Standard\” % APR for up to 60 months and up to $500 cash
There are many more incentives out there. You just have to take the time and do your homework. Some automakers are still offering deferred payments, even if it\’s not noted above or on their individual websites. Also, keep in mind that used EVs are available with reasonable deals as well, though the used market is also seeing price increases.
If there\’s a solid EV deal we missed, share it with us in the comment section below. In the meantime, let us know of any recent deal you took advantage of, and how it all worked out.
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