The demand for electric vehicles (EVs) is on the rise, with over 1.3 million EVs sold in the US in 2024. As we move further into 2025, the market for affordable EVs is expanding, making it easier for consumers to make the switch to electric. This May, there are several attractive lease deals on EVs priced under $300 a month, making it more accessible for budget-conscious drivers to go green.
One of the standout deals this month is the Kia Niro EV, available for lease at just $129 per month. Hyundai and Kia continue to offer some of the most affordable and efficient electric vehicles on the market. The new 2025 Hyundai IONIQ 5, now with more range and a Tesla NACS charging port, is available for lease at $209 per month. The IONIQ 6 is also arriving with significant discounts, making it an attractive option for those looking for a budget-friendly EV.
Honda is making waves in the EV market with the Prologue, an electric SUV that has been a top seller in recent months. The Prologue can be leased for just $239 per month, making it even more affordable than a Civic. Acura is also offering a great deal on the ZDX, a luxury electric SUV that can be leased for as low as $299 per month.
Chevy is rolling out new electric SUVs, with the Equinox and Blazer EVs available for lease under $300 a month. The Equinox EV, in particular, is being touted as “America’s most affordable +315 miles range EV,” and is even cheaper than the gas model this month. Ford’s F-150 Lightning and Mustang Mach-E are also popular choices, with lease deals starting at $213 and $233 per month, respectively.
Japanese automakers Toyota and Subaru are also making a splash in the EV market, with the bZ4X and Solterra available for lease at attractive rates. The Solterra, in particular, offers standard AWD and an effective monthly cost of only $287, making it a compelling option for those looking for an affordable electric SUV.
Overall, the market for affordable EVs is expanding, with a wide range of options available for lease under $300 a month. With the potential end of federal EV incentives looming, now is a great time to take advantage of these low lease prices before they disappear. By making the switch to an EV, consumers can not only save money on fuel costs but also contribute to a cleaner, greener future.
