Top 10 Cheapest Electric Car to Lease

Electric cars are becoming increasingly popular, with consumers looking to reduce their carbon footprint and save money on fuel costs.  

The savings add up fast; many studies show that electric car drivers can easily save hundreds of dollars each month by driving an electric car rather than a gas-powered vehicle, or thousands of dollars over the life of the vehicle when you factor in fuel costs and maintenance.  

Read: Does Tax Credit Apply to Leased Electric Cars?

Top 10 the Cheapest Electric Cars to Lease

If you’re interested in saving money but don’t want to buy an electric car, you can lease one instead! Here are 10 of the cheapest electric cars to lease. 

1. Nissan Leaf

The Nissan Leaf is the cheapest electric car to lease in the United States, with a monthly cost of just $199. The Leaf is also one of the most efficient electric cars on the market, with a range of up to 107 miles and a top speed of 90 mph on a single charge. 

It is a five-door hatchback that seats five passengers. The Leaf’s starting price is $29,990, which is $7,500 less than the Tesla Model 3. The Leaf is also eligible for a $7,500 federal tax credit, which brings its total cost to just $22,490. 

The Leaf comes standard with a 6.6 kW onboard charger and a 110V/240V home charging dock. It has a warranty of 36 months or 36,000 miles. 

If you’re looking for an electric car that’s both affordable and practical, the Nissan Leaf is an excellent choice. And because it’s electric, you’ll never have to worry about gas prices again. 

Navigation features of electric cars

2. Hyundai IQNIQ

Hyundai IQNIQ is a subcompact car produced by Hyundai in three different versions, each with its own powertrain. The traditional gasoline-powered IQNIQ hatchback was released first, followed by a plug-in hybrid and then a battery electric vehicle (BEV). 

BEV production began in early 2018. Hyundai claims the IQNIQ Electric has the longest all-electric range of any battery-electric vehicle, with a 140-mile (225 km) range.

In March 2018, it was announced that the IQNIQ Electric would be coming to the US after all, with production starting in late 2018 for the 2019 model year. 

The compact sedan has a base price of $29,500, and with federal and state tax credits, the total cost can drop as low as $23,000. The IQNIQ comes standard with a 118-horsepower electric motor and a 28-kWh battery pack. 

 It has a range of 124 miles and can be recharged in about six hours from a 240-volt outlet.  

With its attractive price and solid range, the I IQNIQ is a good option for budget-minded shoppers looking for an electric car. 

3. BMW i3

If you’re looking for an affordable electric car in the US that doesn’t sacrifice performance or style, the BMW i3 is a perfect choice. 

The i3 has a range of up to 100 miles on a single charge, and its low emissions make it a great choice for the eco-conscious driver. The i3’s lease price is lower than any other electric car on the market, making it a great value for drivers looking to save money. 

The 2019 BMWi3 model has a range of 153 miles on a full charge and can be recharged in as little as 4.5 hours using a Level 2 charger.  

The i3 comes standard with LED headlights, power-folding mirrors, rain-sensing wipers, and automatic climate control. It also has an 8.8-inch central touchscreen display with BMW’s iDrive infotainment system and Apple CarPlay and Android Auto integration.  

Regarding safety, the i3 comes standard with front and rear Parking Sensors, a Rear View Camera, and Stability Control making it worth considering car. 

Read: Does Mileage Matter on an Electric Car? 

4. Mercedes-Benz B250e

The Mercedes-Benz B250e i3 Electric Car is a great option for those looking for an environmentally friendly and efficient mode of transportation. The vehicle has a sleek and modern design that will turn heads when driving.  

The B250e i3 has a four-cylinder gasoline engine that is paired with an electric motor. The gas engine is used to generate electricity to power the electric motor, which then propels the car.  

The B250e i3 has a range of up to 85 miles on a single charge of its battery, and it can reach speeds of up to 100 miles per hour. 

The B250e i3 also features regenerative braking, which helps extend the battery’s life by recapturing energy that would otherwise be lost during braking.  

The vehicle also has many high-tech features, such as an infotainment system with Bluetooth and navigation and a self-parking system. 

With a starting price of just $33,950, the B250e i3 is an affordable option for anyone interested in leasing an electric vehicle. 

Parking sensor features of  electric cars

5. Mitsubishi i-MiEV

A five-door hatchback electric vehicle, the Mitsubishi i-MiEV is made by Mitsubishi Motors and is the world’s first mass-produced electric vehicle. It was first introduced in July 2009 and is now available in over 40 countries.  

The i-MiEV is based on the 2009 “i” minicar and has a 16 kWh lithium-ion battery pack that provides a range of up to 160 km (100 mi) on a single charge. The i-MiEV has a top speed of 130 km/h (81 mph) and can be charged from a standard 220-volt outlet in about seven hours.  

In addition to being emissions-free, the i-MiEV is also very quiet, making it an ideal city car. With its low running costs and zero emissions, the i-MiEV is an appealing choice for environmentally conscious motorists. 

The Mitsubishi i-MiEV is the cheapest electric car to lease, with a price tag of just $199 per month. The i-MiEV is also eligible for a federal tax credit of up to $7,500. As a result, the monthly cost of leasing the i-MiEV is significantly lower than the cost of leasing a comparable gasoline-powered car.  

For drivers looking to save money and help the environment, the Mitsubishi i-MiEV is an excellent choice. 

Read: Do Electric Car Batteries Use Magnets? Let’s Find Out

6. Ford Focus Electric

The Ford Focus Electric is an all-electric car that was first introduced in 2011. Despite its relatively short history, Focus Electric has already become one of the most popular lease options on the market.  

There are several reasons for this popularity, but chief among them is the fact that Focus Electric offers an impressive range of up to 100 miles on a single charge. This makes it an ideal option for commuters or anyone who regularly travels short distances.  

Focus Electric is also eligible for a federal tax credit of up to $7,500, making it an affordable option for many consumers.  

In addition, the Focus Electric comes with a number of features that make it a great choice for those looking for an electric vehicle, including heated front seats, a SYNC 3 infotainment system, and an active park assist.  

With its combination of range, affordability, and features, the Ford Focus Electric is an excellent option for anyone looking for an electric vehicle. 

7. Smart ForTwo ED

The Smart ForTwo ED is the cheapest electric car to lease, starting at just $139 per month. That’s less than half the cost of the next cheapest electric car to lease, the Nissan Leaf.  

The Smart ForTwo ED is an excellent choice for those who want to save money on their monthly car payment and do their part to help the environment.

The Smart ForTwo ED has a range of 84 miles on a single charge, making it ideal for commuting or running errands around town. 

The features include an onboard navigation system, automatic climate control, and a rear-view camera. 

With its ultra-compact size, the Smart ForTwo ED is perfect for drivers who want to avoid traffic and save on parking costs. The Smart ForTwo ED is the perfect option if you’re looking for an affordable and practical electric car. 

Rear view camera features of electric cars

8. Volkswagen e-Golf

The Volkswagen e-Golf is the cheapest electric car to lease, according to a new study from Consumer Reports. In the study, the e-Golf came in at $199 a month, beating the Tesla Model 3 and the BMW i3.  

The e-Golf’s low lease price is due in part to its relatively low sticker price of $30,495. That’s about $10,000 less than the Tesla Model 3 and nearly $15,000 less than the BMW i3. But the e-Golf’s advantage doesn’t end there.  

The car also has a range of 125 miles on a single charge, which is better than the Tesla and the BMW. And while the e-Golf doesn’t have quite as much horsepower as its rivals, it’s still plenty peppy for everyday driving.  

All told, the e-Golf is a great value for anyone looking for an electric car. 

9. Kia Soul EV

The Kia Soul EV is a battery-electric vehicle produced by the South Korean car company Kia Motors. It was launched in the United States in May 2014 and is also sold in South Korea, Europe, and select other global markets.  

The Soul EV is available in both all-wheel drive and front-wheel drive configurations and has a range of approximately 111 miles (179 km) on a single charge.

The vehicle is powered by a lithium-ion battery pack and can be recharged from a standard household outlet or public charging station.  

The Soul EV has received praise for its styling, spacious interior, and competitive price point.  

However, some critics have noted that its range is shorter than other electric vehicles on the market. Nonetheless, the Soul EV remains an appealing option for drivers looking for an efficient and stylish electric vehicle. 

10. Fiat 500e

The Fiat 500e is a battery-electric vehicle developed by FIAT Chrysler Automobiles. The vehicle was first introduced in 2013, and production began in late 2012. 

According to a new study from Consumer Reports, the Fiat 500e is the cheapest electric car to lease. The leasing price for the 500e is just $199 a month, which is significantly lower than the average monthly cost of leasing a traditional gasoline-powered car.

The 500e is also one of the most fuel-efficient cars on the market, with a range of up to 80 miles per charge using a standard 120-volt outlet or a faster 240-volt charger.  

The vehicle also features regenerative braking, which helps to extend its range. In addition to its environmental benefits, the 500e offers lower operating costs than its gasoline-powered counterpart.  

The 500e also comes with several attractive features, including leather seats and a sunroof. As more and more consumers are looking for ways to save money on gasoline, the Fiat 500e is likely to become even more popular in the coming years. 

Things to Keep In Mind When Buying an Electric Car to Lease

When it comes to leasing an electric car, there are a few things you’ll want to keep in mind in order to get the best deal possible.  

  • First, do your research and know exactly what kind of car you’re looking for. There’s no point in leasing a car that’s out of your budget or doesn’t meet your needs.  
  • Second, be sure to figure out what your monthly payments will be and whether or not you can afford them. You don’t want to end up defaulting on your lease because you can’t make the payments.  
  • Third, make sure you understand the terms of the lease agreement before you sign anything. You don’t want to be stuck with a car you can’t return or trade in early if you need to. 
  •  Fourth, be prepared to negotiate. The dealer will likely try to get you to pay more than you need to, so it’s important to be firm and stick to your budget.  
  • Finally, don’t be afraid to walk away from a deal if it’s not in your best interests. There are plenty of other dealers out there willing to give you a better deal.  

So keep these things in mind, and you’re sure to get a great deal on an electric car lease. 

Wrapping Up!

If you’re looking for an electric car on a budget in the United States, plenty of options are available. From the Nissan to the Mitsubishi, there are a variety of cars that can fit your needs and budget.

With so many options available, it’s essential to do your research to find the perfect vehicle for you. 

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