Yahoo Finance Best New EV and Hybrid Vehicle Lease Deals for October 2024
Ever think about cross-shopping a Honda Civic with a mid-size Genesis sedan and a three-row Kia? This month, you can. Lease deals for hybrids and electric vehicles are starting to converge in price regardless of the actual sticker. We continue to be pleasantly surprised at the plethora of lease deals for battery-powered cars, so before you think everything is too expensive, scroll down. Speed, style, and low fueling costs can be yours in one vehicle.
Check Our Leasing Guide
Make sure you first read our leasing guide. We've covered everything that may get glossed over in the showroom: advertising fees, money factors, residuals, legal implications, and all the other fine print that could cost you thousands more than you'd expect. When comparing similar cars, be aware that a lower monthly price often demands more money up front. As with any national lease special, enter your ZIP code on an automaker's website to check if these deals apply to your area. Prices do not include taxes or fees and may be higher or lower depending on your location. Research is always your friend.
2024 BMW i4
$529 per month/$5729 at signing
36 months/30,000 miles
You wouldn't want to lease our long-term BMW i4—we hit a deer that caused $17,000 in damage—but you can grab a nearly identical i4 xDrive40 fresh from your local dealer. The i4 is a 2023 10Best winner, and BMW's range estimates are an easy reach in this 396-hp dual-motor trim, which ekes out 279 miles. It's one of the best new BMWs, in large part because the gas-powered 4-Series Gran Coupe is so good. This lease includes the Parking Assistance package and metallic paint. If you want the most range, the rear-wheel drive eDrive40 is $499 per month for about the same signing payment.
2024 Mercedes-AMG EQE SUV
$899 per month/$9593 at signing
36 months/30,000 miles
This mid-size SUV looks like a minivan and weighs more than a Ford F-150 pickup. It also has generous interior space, huge screens, and rear-wheel steering, which gives this big Benz the turning circle of a much smaller vehicle. Moreover, the 677-hp EQE SUV shoots to 60 mph in 3.1 seconds and smokes the gas-powered GLE63 S for half of its lease price. That's what makes this AMG an actual deal. It's never been this cheap to go this fast in a Mercedes.
2025 Honda Civic Hybrid
$329 per month/$3499 at signing
36 months/30,000 miles
After a decade's hiatus, the Civic sedan and hatchback again are offering a hybrid powertrain. In our testing, the new one beats the Si to 60 mph and in the next breath can calmly cruise the highway delivering 47 mpg. The Sport Hybrid on this lease comes standard with heated front seats, dual-zone climate control, and a sunroof, items that aren't on the gas-only LX and Sport. The Sport Touring Hybrid, for another $1000 at signing and $20 per month, adds a Bose stereo, Google infotainment, wireless Apple CarPlay, a digital instrument cluster, and leather seats.
2025 Kia Sorento Hybrid
$359 per month/$3999 at signing
24 months/20,000 miles
A three-row SUV doesn't get any more affordable than this Kia, which for 2025 now gets closer to the larger and plusher Telluride. Second-row captain's chairs, 19-inch wheels, a 12.3-inch touchscreen with navigation, and a turbo four are all included. Pick between 24- or 36-month terms and front- or all-wheel drive. The signing payments are all equal and the monthly price won't fluctuate more than $30. Even better, Kia will lease the plug-in-hybrid Sorento EX at no extra cost. Note, however, that we logged 31 mpg in our testing, which is below the EPA estimate.
2024 Toyota Highlander Hybrid
$599 per month/$3999 at signing
36 months/30,000 miles
While Highlander sales are slow this year, the Hybrid's 35-mpg combined rating and quiet, Lexus-like ride continue to make Uber drivers happy. Indeed, Toyota offers an Uber driver discount on top of this XLE AWD lease. Three-row SUVs keep getting bigger, and the Highlander Hybrid is starting to feel small inside (especially compared to the cavernous Grand Highlander, which is also available as a performance-oriented hybrid). But consistency and comfort are what this Toyota does best, and with two-year included maintenance and Toyota's generally sterling reliability, this Highlander should be a no-worries proposition.
2024 Lexus RX500h F Sport Performance
$689 per month/$4999 at signing
36 months/30,000 miles
Shorten the Highlander, remove the third row, and add a spicier turbo powertrain with 366 horsepower and six gears. That's the RX500h, although we found this Lexus to be speedy, not sporty. At its core, any RX will always be a cushy, well-appointed SUV with a roomy back seat. No harm there—the RX lineup, which also includes a plug-in hybrid—remains the best-selling luxury SUV year after year.
2024 Genesis Electrified G80
$399 per month/$5999 at signing
13 months/13,000 miles
Yes, you read that correctly: This lease is for 13 months. Genesis really wants people to try its quick and beautiful EV sedan. Presumably afterward, customers can slide into a 2025 model G80, which gets an entirely overhauled interior. While this Electrified G80 doesn't get the 2025 model's significant tech enhancements, it's a visually striking car, and at these prices, it's nearly as affordable as the Civic Hybrid.
2024 Ford Mustang Mach-E
$392 per month/$5581 at signing
36 months/30,000 miles
With the Mach-E Rally in the headlines, Ford is leasing the slower, lower-to-the-ground Premium for under $400 per month. The Mach-E is gaining momentum (sales are up 58 percent through the second quarter), and yet lease deals for it are exceedingly rare. Grab this one while you can. With the larger battery and all-wheel drive, this Mach-E is rated for 300 miles of range.
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