The average monthly car payment in the US has reached over $770, with many buyers paying more than $1,000 per month for their new vehicles. This is driving near-record levels of adoption for electric vehicle (EV) leases, which can help reduce payments and provide a buffer against rapid swings in the used car market.
With rising fuel costs and a shaky job market adding to the chaos, getting around feels more expensive than ever. However, EV lease deals are offering an affordable alternative, with prices starting at under half the average car payment. These deals can help slash fuel costs, too, making them an attractive option for those looking to switch to electric.
One of the lowest-cost leases available is on the Hyundai IONIQ 6, with a $189/mo. 24 month lease option that includes just $3,999 due at signing. This works out to an effective payment of $355/mo., just 46% of the national average new car payment.
For those looking for a more premium EV experience, the Kia EV6 is also offering a competitive lease deal. Customers in California and select markets can lease a new 2025 Kia EV6 Light Long Range model with 319 miles of range for just $299/mo. for 36 months with $3,999 due at signing.
The Kia EV6's lease deal is not only affordable but also offers a respectable 0-60 time in the 7-second range, making it one of the quickest electric vehicles on the market. With its sporty design and impressive performance capabilities, the EV6 is an attractive option for those looking to upgrade their ride.
Another popular EV model that's now available with a competitive lease deal is the Toyota bZ. The 2026 Subaru Solterra Crossover is offering a $299/mo. lease for 36 months, with just $2,799 due at signing on Solterra Premium models. This price undercuts the virtually identical Toyota bZ.
Subaru fans will also be pleased to know that the company is offering a $500 owner loyalty discount in select markets for returning lessees. If you qualify, this puts the Solterra's effective cost at just $363/mo., well under half the national average for an AWD crossover with 288 miles of range.
In addition to these EV lease deals, it's also worth considering solar panels as a way to reduce your energy costs. EnergySage is a free service that makes it easy to compare quotes from pre-vetted solar installers and find a trusted, reliable installer near you.
By exploring these affordable EV lease options and considering solar panels, consumers can make their driving habits more sustainable and budget-friendly. With the right tools and resources, anyone can navigate the complex world of electric vehicles and find an affordable solution that meets their needs.
