A couple of weeks ago, we brought you the story of a Nissan dealer in Colorado that was offering $5 leases on 2025 Leaf models. Not to be outdone, Larry H. Miller Chrysler Dodge Ram Fiat in Denver, Colorado, is offering a $0/month lease on the 2024 Fiat 500e. Now, before you get too excited about having the opportunity to drive away in a chic EV for free, some taxes need to be paid.

The dealership’s Fiat 500e deal is a 27-month lease and does not require any downpayment. However, $1,297.68 in taxes needs to be paid at delivery, and at the end of the lease, there is a $395 disposition fee. Add those two figures together, and you get $1,692.68, which works out to be just the equivalent of $62.66 each month.

Read: Stellantis Extends Fiat 500e And Maserati Production Halt Again By Two More Weeks As Sales Struggle

It’s also worth noting that the lease is limited to 10,000 miles per year. Any excess mileage will be charged at 30 cents per mile. If, at the end of the lease, you want to keep the keys to the 500e, there’ll be a $17,388.45 payoff.

This deal is quite the bargain and has equivalent monthly payments of less than half the $127.91 available for the recent Nissan Leaf leasing deal. It’s unclear how many Fiat 500e the dealer has available, but it’s likely initiated this deal to help clear some inventory.

It’s no secret that the Fiat 500e has been a slow seller, and the brand appears to be having a particularly hard time selling it in the United States. While numerous ‘special edition’ models have been rolled out in the US, they are not selling either, and Fiat has repeatedly paused EV production in Italy. Just a few days ago, it extended a production halt yet again, meaning no new ones will be produced until at least January 20, 2025.

Despite all of this, the 500e could serve as a good city runabout for anyone living in Colorado, particularly given that it’s now so incredibly cheap to lease. All standard examples have a 42 kWh battery with 117 hp and 162 lb-ft (219 Nm) of torque, giving the car up to 149 miles (240 km) of range.

Toyota is getting ready to launch the 2025 bZ4X, but it’s already sweetening the deal with some hefty leasing and financing incentives, before you even get a glimpse of the new model at dealerships.

The 2025 Toyota bZ4X is currently available with up to $10,000 in lease cash in select US regions, including Los Angeles, Boston, Denver, Portland, and San Francisco, until January 6, 2025. Final lease terms are still under wraps, but Toyota’s offering a deal that essentially amounts to 0% financing, likely in a bid to pull more people that it already has into its electric crossover, developed in partnership with Subaru.

Read: Toyota And Subaru’s Next Joint Electric SUV Coming In 2026

If you want to walk away with an electric Toyota at a compelling rate, you’re not just limited to the 2025 model. The outgoing 2024 version is also offered with an even bigger $16,250 lease incentive in many regions across the country and a money factor equivalent to 0% APR.

According to Cars Direct, residents in Southern California can pick up the keys to one for $219 per month for 36 months with a $2,999 downpayment. That works out to be the equivalent of $302 per month and while it’s not the single cheapest new EV on the market to lease, it is very affordable and even cheaper to lease than a 2025 Toyota Corolla, underscoring Toyota’s aggressive push to make EVs accessible.

Very few changes are expected for the 2025 bZ4X. It may get a few new trim options, but mechanically, it will likely be identical to the model it replaces. It should also hit the market with a largely unchanged exterior and interior. The bZ4X is currently offered with single and dual-motor versions, rated at 201 hp and 214 hp respectively.

For those of you set on grabbing the 2025 model, financing deals are also on the table: 0% APR for 72 months, plus $2,500 in Toyota Financial Services Subvention Cash. It’s not going to set the world on fire, but for what’s essentially a tweak on an existing model, it’s a smart way to move metal while keeping the price competitive.

Hot on the heels of Polestar starting production of the entry-level, single-motor 3 in the US at its Charleston, South Carolina facility, the electric carmaker has announced new financing and lease deals for some of the higher-end models. While Polestar is in a little bit of turmoil, the 3 is a compelling option for those in the market for a high-end electric SUV.

American customers eyeing the 2025 Polestar 3 Long Range Dual Motor with the Pilot Standard Pack can now lease one for $599 per month over 36 months. However, this excludes a hefty $5,599 down payment. When factoring in this upfront cost, the effective monthly payment rises to $755, with mileage capped at 10,000 miles per year.

Read: Polestar Says Biden’s China Tech Ban Would Make It Impossible To Sell Even US-Built Models In America

Over the life of the lease, this works out to be $27,163. Previously, this version of the Polestar 3 had commanded $699 per month for 36 months.

Of course, these are the advertised rates, so your mileage may vary depending on your haggling skills, the dealership’s flexibility, your ability to negotiate a lower capitalized cost (negotiated price of the car, including fees), and whether you can secure a more favorable money factor (interest rate). As always, persistence and careful negotiation can make a significant difference in the final cost of a lease.

One key reason shoppers may lean toward leasing rather than outright purchasing the Polestar 3 is the $7,500 lease cash currently available. This contrasts with its ineligibility for the $7,500 federal EV tax credit when purchased outright, despite the fact that the model is manufactured in the U.S.

0% Financing

Polestar has also rolled out a new financing offer for the electric SUV, which might be a better deal if you want to keep the car. A bulletin recently sent to dealers reveals it’s eligible for 0% financing for 60 months for all variants, excluding the new single-motor version. Cars Direct says the financing rate had previously been sent at 6.99%, meaning buyers can now benefit from $15,000 in savings. Both the new lease and financing deals run until January 2, 2025.

Specs and Pricing

Pricing for the dual-motor Polestar 3 starts at $73,400 (excluding destination). This model pairs a 111 kWh battery pack with two electric motors, producing a combined 489 horsepower and 620 lb-ft (840 Nm) of torque. The setup delivers an EPA-estimated range of 315 miles (507 km) on a full charge.

For those wanting more luxury and performance, Polestar offers a $78,900 version of the Long Range Dual Motor model, which includes the Plus Pack. This adds premium features such as heated rear seats, a 25-speaker Bowers & Wilkins audio system, and 21-inch wheels.

The Polestar 3 family also includes the Long Range Dual Motor w/Pilot and Performance Pack, and the Long Range Dual Motor w/Pilot, Plus Pack, and Performance Pack, priced from $79,400 and $84,900, respectively.

Tesla’s Cybertruck has only been available for lease for a few weeks, yet the company is already slashing prices. Along with the newly announced cuts, Tesla is now offering shoppers the option to purchase the electric pickup at the end of the lease, though it comes with a hefty price tag. However, while these new terms might seem appealing at first glance, a closer look at the numbers reveals a more nuanced picture.

Leases for the base all-wheel-drive Cybertruck now start at $899 per month for 36 months with a 10,000-mile annual limit, down from the previous $999 per month. However, to get that number, Tesla requires a $7,500 downpayment upfront. If you include this, then the effective monthly cost rises to $1,107, totaling $39,864 over three years.

Read: Tesla Finally Offers Lease Buyout Option, But Is It Really Worth It?

For those avoiding the downpayment, which we always advise buyers to consider, the monthly cost jumps to $1,142, with the lease totaling $41,112 over its term.

Leasing to Owning: The High-Stakes Math

Late last month, Tesla also introduced lease buyouts for the first time in years. In the case of the Cybertruck All-Wheel Drive, the buyout totals a hefty $54,930 plus taxes, fees, and a $350 purchase fee. Add that to the $41,112 you could pay over the life of the lease if opting for no downpayment, and you’ll end up spending $96,392 before unspecified taxes and fees. To put that into perspective, it costs $79,990 to buy the same Cybertruck model outright.

The story is similar for the flagship Cyberbeast model, which Tesla now offers for $999 per month on a 36-month lease with the same $7,500 downpayment. That equates to an effective $1,207 per month, or $43,464 over the term of the lease.

Skipping the downpayment increases monthly payments to $1,277, for a total of $45,972. Want to keep the Cyberbeast at the end of your lease? Be ready to shell out $67,510 for the buyout, bringing the grand total to $113,832—nearly $14,000 more than the $99,990 sticker price.

The Real Cost of Flexibility

Tesla’s revised leasing deals and buyout options give customers more flexibility, but they also come with significant trade-offs. While the lower monthly payments may attract more drivers, the long-term math strongly favors buying the Cybertruck outright if ownership is the goal.

There are some absolutely amazing leasing deals available for EVs across the United States, but this one for the 2025 Nissan Leaf might just be among the best yet. If you live in Colorado and can get yourself to Boulder, you could walk away with a brand-new EV for a mere $5 per month. Well, sort of. As with most “too-good-to-be-true” deals, there’s a catch. Spoiler alert: You’ll need a $2,950 down payment or a trade-in of equivalent value.

The fine print reveals this as a 24-month lease through Boulder Nissan, capped at 10,000 miles per year. Crunch the numbers, and the effective cost works out to $127.91 per month, factoring in that upfront payment. That said, it’s worth repeating that putting any money down on a lease is generally unwise; if something happens to the car, that upfront cash is gone. While $5 per month sounds like the kind of deal that gets shouted in late-night TV commercials, the reality is more nuanced—but still attractive.

Read: Sure, You Can Lease The Ariya For $99 A Month… If You’re Cool With Actually Paying $238

We’ll admit, the Nissan Leaf is far from the best EV out there, as it definitely shows its age. However, having the opportunity to drive it around for two years, all while paying just $3,070, is a deal that could be too good to refuse for many.

For the money, shoppers can get behind the wheel of the entry-level 2025 Leaf S. It comes standard with a 40 kWh battery that drives an electric motor at the front axle with 147 hp and 236 lb-ft of torque. While the Leaf S only has an EPA-estimated range of 149 miles (240 km), limiting its use for long trips, it’d probably suit many looking for an affordable EV used primarily for urban use or short trips. Boulder Nissan has dozens of these Leaf models available with the $5 per month lease deal.

For those who want the flagship 2025 Leaf SV+, the dealer has you covered, too. It’s offering leases for $50 per month for 24 months, plus the same $2,950 downpayment or trade-in. This works out to be the equivalent of $172.91 per month for 24 months, which is also a good deal.

The Leaf SV+ improves on the standard model thanks to a larger 60 kWh battery pack, an electric motor with 214 hp and 250 lb-ft of torque, and can travel up to 212 miles (341 km) on a charge.

So, is this one of the best leasing deals in America right now? It’s hard to say definitively. However, whether you’re looking to save some cash or are simply curious about stepping into the world of EVs, this offer does make a strong case for taking the aging yet practical Leaf for a spin. Just don’t expect it to dazzle; it’s not that kind of car.

While the jury is still out on whether Dodge jumped the gun and launched an all-electric muscle car before the market was ready, Stellantis has unveiled the four colors available at launch: Peelout (orange), Diamond Black, White Knuckle, and Bludicrous. Previously, it was believed that only three colors—Diamond Black, Triple Nickel, and White Knuckle—would be offered when the new Charger Daytona went on sale, but it seems plans have changed.

At the same time, Stellantis announced a new financing deal that could tempt power-hungry enthusiasts to get behind the wheel of the new electric muscle car rather than waiting for next summer (or fall) when the ICE-powered version with a turbocharged straight-six engine is expected to reach dealers.

Read: Dodge Tries To Woo Charger Daytona EV Lessees With Extra $1,000 Loyalty Discount

Buyers in the Northeast, Southern, and Central US can pick up the keys to the new EV with 0% financing for up to 72 months, a bulletin recently sent to dealers reveals. This promo will only run through until December 2, is a standalone offer that can’t be combined with other incentives, and only people with above-average credit will qualify. Moreover, it’s unclear whether those living on the West Coast will be able to take advantage of that deal.

However, it’s worth noting that Dodge has yet to confirm if the Charger Daytona is eligible for the $7,500 EV tax credit when purchased. What we do know is that it’s eligible for the full credit when leased, meaning this could be a better option for some.

Additionally, Stellantis announced in October that 2024 Charger Daytona models qualify for a $1,000 loyalty discount for customers returning a leased Dodge vehicle. As Cars Direct points out, the automaker has yet to disclose how much it will cost to lease the electric muscle car.

More: Dodge Charger Daytona Is Already The EV To Beat For Resale Values

Those interested in purchasing the Dodge outright will need to shell out $61,590 for the entry-level R/T model. This version delivers 496 hp and 404 lb-ft (548 Nm) of torque—plenty of muscle for most buyers.

For those seeking even more power, the Daytona Charger is also offered in the Scat Pack configuration, which boosts output to 670 hp and 627 lb-ft (850 Nm). Starting at $75,185, it’s a hefty price tag, but the performance backs it up. The Scat Pack rockets to 60 mph (96 km/h) in just 3.3 seconds and can tear through the quarter-mile in 11.5 seconds.

Unfortunately, buyers will have to wait a bit longer to get behind the wheel than originally anticipated as production of the EV had yet to begin as of last week.

Shoppers eyeing a new Mercedes-Benz EV may soon find themselves in a stronger negotiating position, thanks to a fresh dealership incentive program rolled out by the German automaker. Dubbed the ‘Q4 2024 EQ Sales Challenge’, the initiative runs through January 2, 2025, and rewards dealers $2,000 for each 2024-model-year electric vehicle sold—provided they meet monthly sales quotas.

Dealers hitting quarterly targets can unlock an additional $1,000 per unit sold raising the total to $3,000 and creating a potentially lucrative opportunity for those moving inventory swiftly.

Read: Mercedes-AMG Teases New Electric Super-SUV

As reported by Cars Direct, the program is designed to pad dealership margins across the United States, but it’s worth noting the savings won’t automatically trickle down to buyers. Whether or not customers see a slice of this incentive pie will hinge entirely on the generosity—or desperation—of individual dealers.

Still, Mercedes is already dangling significant offers to tempt buyers. For instance, the high-performance Mercedes-AMG EQS 53 is currently available with $7,500 in Lease Bonus Cash and a massive $15,000 Incentive Bonus.

Of course, those interested in picking up the keys to a new Mercedes EV, particularly those in the luxury segment, should be aware that many models experience eye-watering levels of depreciation. This phenomenon isn’t limited to Mercedes products and impacts many, if not most, EVs out there, but the depreciation experienced by some higher-end models is particularly shocking.

Earlier this year, a study found that on average, the Mercedes EQS loses 47.8% of its value just 12 months after purchase. Plenty of other high-end EVs lose value at an alarming rate, including the likes of the Jaguar I-Pace and Audi e-tron.

Looking ahead, the EQS itself is living on borrowed time. A facelift is in the works, but it’s not expected to survive into a second generation, as the German company will merge it and the S-Class into a single model line offered in both ICE and BEV guises. The electric version of the next S-Class will be underpinned by the MB.EA Large architecture while the ICE version will use the existing Modular Rear Architecture platform.

Everyone who has got their hands on a Tesla Cybertruck since it launched last December has had to buy one. But this month Tesla is opening up a lease option, giving fans of the angular pickup the chance to drive one for as low as $999 per month.

That’s the advertised figure for a three-year, 10,000-mile (16,000 km) lease deal on a Dual Motor. But, as is often the case with these deals, the reality isn’t quite so rosy. By the time you include the $7,500 down payment required at signing, the actual cost works out at more like $1,180 per month before taxes. Alternatively, you can skip the upfront payment entirely and pay $1,249 a month instead, again without taxes—which, let’s be clear, is the smarter move.

Related: Florida Man Smashes Porch Pirate’s Getaway Car With Rental Cybertruck

We’ve said it before, and we’ll say it again: putting money down on a lease is a bad move. In fact, it’s one of the easiest mistakes to avoid when leasing a car. The reasoning is brutally simple. That cash you hand over upfront? It can disappear faster than a donut in the break room if your car gets stolen or totaled. Why hand over thousands of dollars up front just to risk losing it?

In any case, that’s not small change, but we can imagine the new offer tempting a few people who previously didn’t think they could afford to put a Cybertruck on their driveway.

The Dual Motor truck is already pretty brisk, its 600 hp (608 PS), all-wheel drive powertrain getting it to 60 mph (96 km/h) in 4.1 seconds. But if that’s not enough, there’s also a lease deal available on the top-spec Cyberbeast, whose 834 hp (846 PS) triple-motor drivetrain punches it to 60 mph in just 2.6 seconds.

Put the same $7,500 down but tick the Cyberbeast box on the order form and you’ll need to find $1,204 every month ($1,379 factoring in deposit). Or you can skip the down payment, but you’ll need to part with $1,439 from every paycheck to keep the repo man away. Reduce the rental term to 24 months and extend the annual mileage allowance to 15,000 (24,000 km) and the monthly payment rises to almost $1,800.

The Cyberbeast currently costs $99,990 for those paying with cash or via a loan, and the Dual Motor stickers at $79,990, more than double the $39k Elon Musk promised Americans would be able to get into a Cybertuck for a few years back. An entry-level, rear-wheel drive truck is scheduled for launch next year with a price of just over $60k.

But those prices and lack of a lease option until now haven’t prevented the Cybertruck racking up some strong sales results this year. Tesla sold 16,692 of the trucks in Q3, helping it overtake the Ford Mustang Mach-E to become the third-best selling EV in America after the Model Y and Model 3. Ford sold just 7,162 F-150 Lightnings in the same period.

Is $999 (plus $7,500 down) per month to drive a Cybertruck a good deal? Leave a comment below and let us know what you think.

NEWS: The Cybertruck is now available to lease in the U.S.

AWD with $0 down:
• 36 month: $1,249/month
• 24 month: $1,568/month
Cyberbeast with $0 down:
• 36 month: $1,439/month
• 24 month: $1,715/month

AWD with $7,500 down:
• 36 month: $999/month
• 24 month: $1,199/month… pic.twitter.com/fr14LanfGI

— Sawyer Merritt (@SawyerMerritt) November 8, 2024

The new Dacia Spring has officially clinched the title of Germany’s cheapest “fully-fledged” electric car, thanks to a new leasing deal that makes it almost absurdly affordable. The base model of this stripped-down urban EV is now available for just €79 ($86) per month on a 24-month / 10,000km (6,214 miles) lease—and yes, that’s with zero downpayment. That adds up to a grand total of €1,896 ($2,063) for a €16,900 ($18,400) EV.

It’s a no-frills price for a no-frills car, but if you’re looking to dip a cautious toe into EV ownership without emptying your wallet, this is as close to free as electric motoring gets.

More: 2024 Dacia Spring EV Gets Duster-Inspired Looks And An Overhauled Interior

This cut-rate deal applies to the entry-level Essential Electric 45 trim of the series, powered by a barely-there 44 hp (33 kW / 45 PS) motor. With that underwhelming output, you won’t be surprised to learn that the Spring goes from 0 to 100 km/h (0-62 mph) in a glacial 19.1 seconds—no doubt a recipe for frustration on any road outside the city center. Its 26.8 kWh battery, however, manages a respectable WLTP range of 225 km (140 miles), enough for typical urban commuting with maybe a weekend detour,.

According to the company’s official configurator, the bare-bones standard trim keeps things unapologetically basic. You get steel wheels with hub caps, a 7-inch instrument cluster, and a smartphone holder to make up for the absence of a proper infotainment system. There’s also a single USB-C port, manual A/C, electric front windows, rear parking sensors, and the most minimal ADAS setup required by law. This is as stripped-down as EVs get, but that’s precisely the point—Dacia isn’t pretending otherwise.

The leasing offer is valid until December 31, 2024, for vehicles registered in Germany between January and June 2025, and only while stock lasts. In other words, it’s a true first-come, first-served deal—so you’ll want to act fast if you want in.

If outright ownership is more your style, the Dacia Spring starts from €16,900 ($18,355) for the base Essential Electric 45 trim, and tops out at €19,900 ($21,607) for the flagship Extreme Electric 65. This one has the more powerful electric motor producing 64 hp (48 kW / 65 PS) and offers a significantly more generous standard kit.

Since the Spring’s initial release in 2021, Dacia has sold 35,000 units in Germany, tapping into the budget-conscious EV market with surprising success. But competition is heating up.

What About Its Rivals?

Setting aside cheaper heavy quadricycles like the Citroen Ami, the biggest threat to the Dacia Spring comes from Stellantis-backed Leapmotor, and more specifically, its newly introduced T03. Sure, the T03 may have its roots in China, but it’s actually assembled on European soil. This budget EV starts at €18,900 ($20,529), positioning it a solid €2,000 ($2,172) above the entry-level Dacia Spring, which ironically, is actually built in China by Dongfeng-Renault.

Despite the price gap at entry level, the spec and standard equipment of the Leapmotor T03’s sole trim align more closely with Dacia’s mid-tier Spring Expression Electric 65, also priced at €18,900 ($20,529). But even then, the Leapmotor pulls ahead with a stronger 94 hp (70 kW / 95 PS) motor and a longer WLTP range of 265 km (165 miles), leaving the Dacia trailing both in power and range.

All other available “fully-fledged” electric cars in Germany are significantly more expensive. For example, the Citroen e-C3 starts from €23,300 ($25,307), although a cheaper version with a sub-€20k price will arrive next year featuring a less powerful motor and a smaller battery pack.

The Citroen e-C3 made headlines in late 2023 when it became available in France for as little as €54 ($59) per month on a three-year term, with no downpayment. However, the program had specific terms, was heavily subsidized by the French government, and has since been suspended until 2025.

Looking ahead, the much-anticipated Fiat Grande Pandacould come in at a competitive price, but it’s doubtful it will undercut the Dacia Spring. Similarly, Renault’s Twingo EV, slated for a sub-€20k price, remains a distant prospect with an expected 2026 release date. In short, the Spring may be underpowered and unpolished, but for those simply seeking the lowest cost of entry to EV ownership, Dacia’s offering still reigns supreme.

Are Dodge and in particular Challenger die-hards actually clamoring to own the new Charger Daytona EV, or are they holding out for next year’s ICE variant with the inline-six turbo? Whether Dodge jumped the gun by venturing into the world of electric muscle cars too soon, or if it will reap the benefits of being the first, remains to be seen. For now, the company has been accepting orders for the new EV since September and will begin the first customer deliveries sometime this quarter.

For those curious to see what the Charger Daytona EV is all about but not quite ready to part with a hefty $61,590, leasing might be a more palatable option—especially with a new incentive Dodge just rolled out to sweeten the deal.

Read: 2024 Dodge Charger Daytona Starts At $59,595

A bulletin recently sent to Stellantis dealers reveals that 2024 Charger Daytona models are eligible for a $1,000 loyalty discount for customers returning a leased Dodge model. On top of that, Dodge has confirmed that the Daytona EV will also qualify for the $7,500 federal tax credit that’s become a common incentive across the industry, giving lessees the same financial break as those who opt to purchase the car outright – thanks taxpayers!

What’s more, as Cars Direct reports, this loyalty discount isn’t limited strictly to the current lessee; it can be transferred to other members of the same household. Unfortunately, Dodge has yet to release the full leasing terms for the Charger Daytona, nor has it disclosed any financing deals, leaving interested shoppers to play the waiting game for those specifics.

What we do know is that the entry-level 2024 Charger Daytona R/T starts at $61,590 in the US, including a $1,995 destination fee. This model pumps out 496 hp and 404 lb-ft (548 Nm) of torque and includes the Direct Connection Stage 1 upgrade from the factory.

Those interested in more power can opt for the Charger Daytona Scat Pack. It starts at $75,185 and has the Direct Connection Stage 2 Upgrade as standard, resulting in an impressive 670 hp and 627 lb-ft (850 Nm) of torque. This allows it to hit 60 mph (96 km/h) in just 3.3 seconds while powering down the quarter-mile in 11.5 seconds.

Sales of electric vehicles in the U.S. have made a powerful comeback in the third quarter, surging 11% year over year and reaching an all-time high of 8.9% of the total new car market. This strong rebound signals that while the broader momentum of EV growth has wavered for much of 2024, interest in the segment is far from fading.

Although EV sales have decelerated globally and even in the U.S. for large parts of the year, data from Kelley Blue Book reports that an estimated 346,309 battery-powered models were sold in Q3 2024. That’s a 5% uptick over Q2, driven in large part by aggressive incentives and deep discounts. On top of that, a flood of new, more affordable, and increasingly compelling EV options has helped to keep the market humming along.

Read: New Car Buyers Taking On $1,000+ Monthly Payments At Alarming Rates

In September, the average incentive for new EVs in the U.S. was 12% of the average transaction price (ATP), significantly higher than the broader industry’s 7.3%. Incentives peaked at 13.32% of ATPs in August and 11.54% in July. These figures were notably higher compared to earlier in the year, when incentives hovered between 9.11% and 9.22% of ATPs during months like January, February, April, and June.

Kelley Blue Book also noted that the ‘leasing loophole,’ which allows carmakers to offer most, if not all, EVs not manufactured in North America with a $7,500 federal EV tax credit when leased, was widely utilized throughout the quarter. The average price paid for an EV in Q3 was just over $57,000 or 19% higher than the industry average.

General Motors enjoyed strong sales growth of almost 60% for its EVs in Q3, up to 32,095 units, enough to secure second place behind Tesla (166,923 units) as the largest EV seller in the country. The Hyundai Motor Group fell from second to third as sales remained flat at 29,609 units, while Ford came in fourth with EV sales of 23,509 units.

Tesla sales also rose by a reported 6.6% compared to last year, thanks to the arrival of the Cybertruck. The Model Y remains America’s most popular EV with 86,801 examples sold in Q3, placing it well ahead of the Model 3 with 58,423 units and the Cybertruck with 16,692 units finding new homes.

“While year-over-year growth has slowed, EV sales in the U.S. continue to march higher,” said Cox Automotive director of industry insights, Stephanie Valdez Streaty. “The growth is being fueled in part by incentives and discounts; but as more affordable EVs enter the market and infrastructure improves, we can expect even greater adoption in the coming years.”

Still, the looming question is whether this momentum can be sustained without leaning so heavily on discounts and incentives. While automakers are keeping the pedal down for now, it’s unclear how long they can afford to subsidize sales—especially as the industry faces rising production costs and intensifying competition from new entrants.

US EV SALES BY BRAND

Electric vehicles have yet to reach price parity with traditional ICEs, but some seriously compelling lease deals are available for several EVs across the United States. On paper, one of the most interesting is the 2024 Nissan Ariya, which is advertised at just $99 per month for 36 months. However, that low price comes with a catch: it requires a hefty down payment (which we don’t recommend—more on that below), bringing the real monthly cost closer to $238. Oh, and it’s only available in Denver.

For those looking to drive off in a new Ariya and willing to pay upfront, the entry-level Engage FWD will cost at least $39,590, not including delivery fees. While that’s a reasonable starting price for an electric SUV of this size, leasing can be a better option for many consumers, and that’s where this offer comes in.

Read: We’re Driving The New Nissan Ariya, What Would You Like To Know?

The lease applies to the base Ariya Engage FWD, and while the advertised price is $99 per month for 36 months, that’s with a $3,329 is due at signing. Prospective buyers should keep in mind that putting cash down on a lease is generally not advisable. If the vehicle is totaled or stolen, GAP insurance will cover the remaining balance, meaning you won’t owe anything—but you’ll never see that down payment again.

As Cars Direct notes, with the down-payment factored in, the effective monthly cost rises to $238 per month. That’s still a solid deal, especially when compared to the much smaller and much less practical Fiat 500e, which has an effective cost of $282 per month as part of a new deal. This also makes the Ariya cheaper to lease than the Kia Niro EV available from $336 per month, the Kia EV6 available from $346, and the Volkswagen ID.4 currently advertised from $410 per month.

Another catch is that the Ariya’s $99 deal is only available in Denver and makes use of the $5,000 Colorado Innovative Motor Vehicle Credit bonus, as well as $10,000 in bonus cash, and a $1,000 loyalty bonus. The offer is only available until November 4.

The entry-level Ariya Engage FWD is the only variant offered with a 63 kWh battery pack, whereas all other models have a larger 87 kWh pack. This means the range of the Ariya sits at just 216 miles (347 km) and its electric powertrain delivers 214 hp and 221 lb-ft (300 Nm) of torque. While these aren’t class-leading figures, they’ll be enough for most buyers.

People are not buying the Fiat 500e. Stellantis recently extended a production halt on their small EV and won’t start building them until November 1 due to sluggish demand. However, could now be the time to sign on the dotted line to lease a 500e in the US?

The 2024 500e can be leased for as little as $199 for 36 months, with $2,999 due at signing. Factoring in that upfront payment, this tallies out to an effective cost of $282 per month with a mileage cap of 7,500 miles per year. That’s significantly cheaper than a previous leasing deal that required $4,259 at signing on top of a $319 monthly fee.

Read: Fiat Still Can’t Sell The 500e, Extends EV’s Production Halt

Cars Direct notes this makes the 500e significantly cheaper to lease than America’s cheapest new car, the Nissan Versa.

While some may be tempted to bite the bullet and add the Fiat 500e to their garage, it’s worth noting the cute EV is only a two-door, and while it does have rear seats, they are extraordinarily small. But, if you’re after a cheap city runabout that’s stylish and cheap to run, it’s a tempting proposition.

This isn’t the cheapest lease we’ve seen for a new EV in the US this year. In March, Hyundai launched an incredible leasing deal for the Ioniq 6, which made it the cheapest new car to lease in the country. For a short period, it could be secured for just $239 per month for 24 months, with a measly $239 due at signing. Unfortunately, this deal is no longer available, but it’s possible Hyundai may slash lease prices for the Ioniq 6 next year as it prepares to launch the facelifted 2026 model.