Leasing an electric vehicle (EV) has become one of the most popular ways for American drivers to enjoy cutting-edge technology without the high upfront cost of ownership. With new federal incentives, lower maintenance needs, and rapid improvements in battery range, EV leasing in the USA is more appealing than ever.
This guide covers the best EV leasing options, lease prices, benefits, key considerations, and top models available for lease in 2025.
What Is EV Leasing?
EV leasing is similar to leasing any vehicle—you pay a fixed monthly amount for a set term (usually 24–36 months) while enjoying a brand-new electric vehicle. At the end of the term, you can return the car, buy it, or upgrade to a newer model.
Why Americans Prefer EV Leasing
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Lower monthly payments compared to buying
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Access to newer technology every few years
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Less long-term battery degradation risk
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Federal tax credits may reduce lease price
Leasing vs. Buying an EV in the USA
Before choosing, consider the pros and cons:
| Aspect | Leasing an EV | Buying an EV |
|---|---|---|
| Upfront Cost | Low | High |
| Monthly Payments | Lower | Higher |
| Maintenance Costs | Minimal | Moderate |
| Battery Wear Risk | Lessor’s responsibility | Buyer’s responsibility |
| Best For | Short-term users, tech upgraders | Long-term owners |
Tip: Leasing works best for drivers wanting flexibility, lower costs, and the latest EV technology.
Top EV Models Available for Lease in the USA (2025)
Below is a table of the most popular EVs with typical estimated lease prices (actual prices vary by state, credit score & dealership incentives).
EV Lease Price Comparison Table (2025)
| Make | Model | Estimated Monthly Lease | Range (EPA) |
|---|---|---|---|
| Tesla | Model 3 RWD | $349–$429/month | 272 miles |
| Tesla | Model Y | $399–$499/month | 310 miles |
| Chevrolet | Bolt EUV | $259–$329/month | 247 miles |
| Hyundai | Ioniq 5 | $399–$469/month | 303 miles |
| Kia | EV6 | $429–$499/month | 310 miles |
| Nissan | Leaf | $229–$289/month | 212 miles |
| Ford | Mustang Mach-E | $429–$529/month | 290 miles |
Best EV Leasing Companies in the USA
You can lease EVs from authorized dealerships, online auto platforms, and EV-only leasing companies.
Recommended Providers
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Tesla Leasing
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Ford Credit
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Nissan Motor Acceptance Company
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Hyundai Motor Finance
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Carvana
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Electrify America’s EV lease partners
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Local dealerships (Chevrolet, Kia, Hyundai, Ford, Nissan)
Factors That Affect EV Lease Prices
When comparing lease deals, consider:
1. Federal Incentives
Some leasing companies pass on federal EV tax credits up to $7,500, lowering your monthly payment.
2. State Incentives
States like California, Colorado, New Jersey, and Massachusetts offer added EV rebates.
3. Mileage Limits
Most leases allow 10,000–15,000 miles/year. Higher mileage increases the cost.
4. Battery Range
Models with higher range often have higher monthly payments.
5. Residual Value
Higher residual value = lower monthly payment.
How to Choose the Best EV Lease Deal
To get the best price in the USA:
✔ Compare multiple dealerships
Lease terms vary widely between states and dealers.
✔ Look for seasonal promotions
Many manufacturers offer competitive deals during:
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Year-end sales
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New model release months
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EV incentive months
✔ Check charging access
Ensure your leased EV supports your local charging network (Tesla Superchargers, CCS, etc.).
✔ Look for maintenance packages
Some automakers include free maintenance for 2–3 years.
Pros & Cons of EV Leasing in the USA
Pros
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Low monthly payments
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Latest tech upgrades every 2–3 years
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Minimal maintenance
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No long-term battery degradation worries
Cons
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Mileage limits
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Wear-and-tear fees
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Cannot customize the vehicle
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Long-distance drivers may exceed mileage cap
Final Thoughts
EV leasing in the USA is an excellent way to enjoy an electric car at a lower monthly cost with minimal risk. Whether you’re an urban commuter or a weekend traveler, there are dozens of affordable and flexible leasing options from Tesla, Hyundai, Kia, Ford, Nissan, and Chevrolet.
With federal incentives and increasing EV availability, 2025 is one of the best years to lease an electric vehicle in America.