best lease deals this month – Locar Deals https://www.locardeals.com Automotive Reviews, Cars, SUVs & Trucks Sat, 24 May 2025 15:36:07 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.5 https://www.locardeals.com/wp-content/uploads/2021/03/fvicon-deals.png best lease deals this month – Locar Deals https://www.locardeals.com 32 32 27 Best SUV Lease Deals Under $499 in May 2025 – Drive Your Dream Car https://www.locardeals.com/best-suv-lease-deals/ Sat, 24 May 2025 15:36:02 +0000 https://www.locardeals.com/?p=3419 Leasing is the new way that allows you to drive your dream car without having to go through the hassle of buying it. Today we have the best SUV lease deals of May under $499 for you. If you have had your eyes on an SUV, then now might be the best time to go for it. SUVs are the ideal family cars and the best travel partners.

There is a wide range of types and styles available in the market, and we think our description of the features, lease deal, initial payment, & monthly payments, will make the task easier for you. Below, we share our picks for the best lease deals on SUVs you can claim this month.

SUVs are buyer’s new favorite. As better enhancements are done to these big utility vehicles, people of America are getting more inclined towards them. But buying a brand-new car is not always an option.

What Are the Hottest Lease Deals This May?

A lease deal is the best alternative to owning a car if buying one does not seem to fit into your budget. Every month, makers have different offers & schemes on their existing models, which allow buyers to drive a car that generally is out of their reach. Though deals are not easy to find. But with the right guidance & help, even a rookie can end up with a better deal than an experienced one.

We are almost at the end of the sales year, so you will find many deals as the automakers try to clear out their existing models before the new models arrive. You can find lease deals on any type of vehicle, but today we bring you the best SUV lease deals. SUVs are of different kinds, and if you are a first-time car buyer in the USA, then this guide is helpful for you.

Different Types Of SUV Deals

  • Compact SUV Lease Deals
  • Midsize SUV Lease Deals
  • SUV Financing Deals
  • SUV Cash Back Deals

This May, you will find lease deals on some of the top SUVs that hold less than $499 as the monthly payment. If you act fast enough, you might be able to get your hands on the top redesigned models, latest arrivals, and best-featured cars.

Hyundai, Mazda, Chevrolet, Kia, and Subaru, are some of the top brands that are offering some of the best SUV lease deals. Apart from the above-mentioned SUV deals, some other lease deals that you can browse in your area are:

  • Volkswagen Tiguan
  • Subaru Outback
  • Kia Sorento
  • Mazda CX-9

Whether you are looking for the best small SUV lease deals or a bigger ride, you can find them all on the list that we have prepared for you.

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How Do You Lease a Car?

Leasing a car is somehow similar to buying one. You need to analyze your requirements, set up a budget and do your research to check out if the vehicle you like fits perfectly with your requirements and budget or not.

Buying and leasing a vehicle are two poles apart concepts. The biggest difference the two terms hold is that when you lease a car, you don’t own it, but when you buy it, you become its legal owner.

So if you want to capture the best luxury SUV lease deals in May, check out the steps that you should follow when leasing a new ride.

Steps For Leasing a New Automobile

  1. Get Acquainted With Leasing
  2. Design Your Lease Deal
  3. Estimate Your Monthly Payment
  4. Check for Manufacturer Lease Deals
  5. Look for Edmunds Special Lease Offers
  6. Find the Exact Car To Lease
  7. Shop the Internet Department
  8. Test-Drive the Salesperson
  9. Negotiate Your Best Lease Payment
  10. Review and Sign the Paperwork

27 Best Lease Deals SUV Under $499 – Drive Your Dream Car

Now that you know the best luxury SUV lease deals of May and are now familiar with the process of leasing a car, it is time we look at those hot deals.

Below we have detailed descriptions of the best lease deals on SUVs. So let us get started and have a look.

1. 2025 Kia Soul

Midsize SUV lease deals

Features Details

  • MSRP: From $19,890
  • Lease Price: $239 per month for 36 months
  • Due at Signing: $2,799

One of the best SUV leases deals you can come across in May is on the Kia Soul model year 2025. Firstly, this compact car comes with a two-liter inline four-cylinder engine that can charge up to 147 hp giving you a top speed of 120 mph.

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Secondly, the majestic fuel mileage of 30 combined mpg, easy-to-use tech features, great reliability rating, and best safety features makes it one of the best & most reliable vehicles on this list.

Owning a brand-new one will cost you $19,890. However, with the lease, you will only have to pay $239 monthly for 36 months and $2,799 due at Signing.

2. 2025 Hyundai Tucson

Luxury SUV lease deals

Features Details

  • MSRP: From $26,900
  • Lease Price: $279 per month for 36 months
  • Due at Signing: $3,999

The 2025 Hyundai Tucson holds one of the best compact SUV lease deals. It has user-friendly features, a comfy interior, poised handling, and an impressive predicted reliability rating. This 5-seater features a 2.5-liter 4-cylinder engine pumping 187 hp and offering good fuel economy of up to 25 mpg in the city and 32 mpg on the highway.

You can own this car for an initial price of $26,900. However, if you lease it, you will only have to pay $279 monthly for 36 months. Furthermore, to complete the lease, you must submit $3,999 as the down payment.

3. 2025 Hyundai Kona

Small SUV lease deals

Features Details

  • MSRP: From $22,140
  • Lease Price: $209 per month for 36 months
  • Due at Signing: $3,999

Considering the best midsize SUV lease deals this month, we suggest viewing the 2025 Hyundai Kona. This SUV comes with an initial MSRP of $22,140. However, with the lease deals of May, you can have it for $209 per month for about 36 months.

All you need to do is pay $3,999, due at signing. In this 2025 Kona, you get two four-cylinder inline engines that can attain 145 to 195 hp.

Hyundai Kona offers a smooth ride, a well-built cabin, smooth handling, and 5 star NHTSA safety rating that ensures a good driving experience.

4. 2025 Buick Encore GX

Best lease deals SUV

Features Details

  • MSRP: From $25,900
  • Lease Price: $259 per month for 24 months
  • Due at Signing: $4,939

Buick Encore GX is a compact sport utility vehicle that can be yours for a lease deal of $259 per month for 24 months and $4,939 at the time of signing.

The Encore GX comes with two small 3-cylinder engines capable of boosting your ride from 137 to 155 hp. With this small yet powerful ride, you can attain a top speed of 120 miles per hour.

The spacious rear seats, large cargo capacity, and composed handling are some of the prime features of this SUV. With a fuel economy of 29 mpg in the city and 32 mpg on the highway, Encore is a definite money saver. You can get the model for a starting price of $25,900.

5. 2025 Kia Seltos

Midsize SUV lease deals

Features Details

  • MSRP: From $23,340
  • Lease Price: $269 per month for 36 months
  • Due at Signing: $3,322

Another best SUV lease deal you can benefit from this month is the 2025 Kia Seltos. You can drive this automobile for a lease of $269 per month for 36 months, along with $3,322 at the time of signing.

2025 Kia Seltos holds a proud 4-star NHTSA safety and a high-end reliability rating. The vehicle has two four-cylinder engines that can boost up to 175 horsepower.

Efficient fuel economy, refined interior, foldable rear seats, and good cargo space make it a good SUV to survey.

6. 2025 Mazda CX-30

Compact SUV lease deals

Features Details

  • MSRP: From $22,950
  • Lease Price: $301 per month for 36 months
  • Due at Signing: $2,999

The 2025 Mazda CX-30 offers you one of the best luxury SUV lease deals. The lease payment comes with a monthly payment of $301 for about 36 months.

You must pay $2,999 at the time of signing, and the deal is only valid through May. This subcompact SUV comes with standard tech features like an 8.8″ infotainment, smartphone connectivity, a Wi-Fi hotspot, voice recognition, a 7 “digital cluster display, and LED headlights, making it irresistible.

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The lively handling, sharp interior, and good cargo hold make the luxurious 2025 Mazda CX-30 a complete May lease specials package.

7. 2025 Toyota C-HR

Best lease deals this month

Features Details

  • MSRP: From $24,280
  • Lease Price: $279 per month for 36 months
  • Due at Signing: $2,999

Toyota holds one of the best lease deals for SUVs for May. The 2022 Toyota C-HR comes with a leasing deal expiring in May first week.

With a down payment of $2,999 and a monthly payment of $279 for 36 months, you can enjoy the subtle ride filled with many standard safety and tech features.

The 2-liter four-cylinder engine can power up to only 144 hp, which is disappointing for the class. Also, if you are looking for a ride to help you with your huge luggage, this Toyota might not be an ideal choice.

8. Nissan Rogue

New car lease deals

Features Details

  • MSRP: From $27,360
  • Lease Price: $299 per month for 36 months
  • Due at Signing: $3,969

The latest Nissan Rogue is a decent compact sport utility vehicle that you can lease specials out for a down payment of $3,969 and a monthly payment of $299 for 36 months.

Nissan Rogue is completely redesigned and offers a 1.5 L 3-cylinder engine producing about 201 horsepower.

New Rogue SUV leasing deals provide a comfortable plus spacious interior. The swift handling and good fuel economy make it a good choice in its class.

9. Hyundai Santa Fe

SUV lease deals right now

Features Details

  • MSRP: From $28,750
  • Lease Price: $269 per month for 36 months
  • Due at Signing: $3,999

Hyundai holds one of the best SUV lease deals for May 2024 with its Santa Fe. You can ride the Hyundai Santa Fe for a lease price of $269 monthly for 36 months. Furthermore, you must pay about $3,999 as the down payment at the time of lease signing.

Santa Fe is a highly reliable car with a four-cylinder engine that is strong enough to produce up to 277 hp and attain a top speed of 115 mph. Good gas mileage, poised handling, and a long list of features are some of the major highlights of the car.

10. Chevrolet Trax

Midsize SUV lease deals

Features Details

  • MSRP: From $20,400
  • Lease Price: $295 per month for 36 months
  • Due at Signing: $1,295

The best SUV lease deals 0 down is what most buyers with tight budgets search for. But with current inflation times, it is difficult to find one. Still, you can look for rides with affordable buying options, and the Chevrolet Trax is one such good choice.

You can lease out this subcompact sport utility vehicle for a monthly payment of $295 for 36 months, with $1,295 due at the signing.

Chevy Trax comes with a small three-cylinder engine capable of charging 137 hp. This small ride is easy to maneuver and has an efficient infotainment system. It might not be as tough as its competitors, but it is a good choice if you are on a strict car budget.

11. Subaru Forester

Best SUV Lease deals

Features Details

  • MSRP: From $26,395
  • Lease Price: $315 per month for 36 months
  • Due at Signing: $2,790

When there is talk of SUVs, how can we leave out one of the most loved sport utility vehicles of all time, a.k.a, Subaru Forester?

If you are a Subaru enthusiast and want to ride this beast, then now is the time to act. If buying is out of your reach, leasing it might be a good idea.

You can lease out the Subaru Forester for a monthly payment of $315 for 36 months and a down payment of $2,790 at the time of signing. Forester offers a robust engine, good fuel economy, plenty of interior & cargo space, and the best tech options.

12. Subaru Ascent

Current lease deals

Features Details

  • MSRP: From $33,895
  • Lease Price: $359 per month for 36 months
  • Due at Signing: $3,259

The Subaru Ascent comes with a 4-cylinder engine powering up to 260 hp. The good gas mileage and towing capacity make it a perfect SUV to invest in.

With May lease deals making their way into the market, you can lease this Subaru for $279 monthly for 36 months.

However, if you would like to purchase, it will cost you about $33,895 for the base model.

13. Volkswagen Atlas

SUV lease deals right now

Features Details

  • MSRP: From $35,150
  • Lease Price: $469 per month for 39 months
  • Due at Signing: $4,999

Another May lease deal that you should not miss is on the Volkswagen Atlas. The SUV can be yours on a lease of $469 per month for 39 months, with $4,999 due at the signing.

Atlas comes with two optional engines charging up to 276 hp with average fuel efficiency. You can buy the brand-new model for a base price of $35,150.

14. Buick Enclave

Best lease deals on Suv

Features Details

  • MSRP: From $44,800
  • Lease Price: $469 per month for 36 months
  • Due at Signing: $4,499

With an inline 6-cylinder engine, the Buick Enclave can charge up to 310 hp and attain a top speed of 131 mph. You can buy this beauty for an initial price of $44,800.

But checking out our May lease specials will make you realize you can have it for purchase deals of $469 per month for 36 months with a $4,499 deposit at signing.

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15. Subaru Crosstrek

Midsize SUV lease deals

Features Details

  • MSRP: From $23,645
  • Lease Price: $285 per month for 36 months
  • Due at Signing: $2,585

The all-new Subaru Crosstrek, loaded with two four-cylinder engine options and excellent gas mileage, can be yours for an initial price of $23,645.

However, you can lease this SUV with the best lease deals for May. You can have it for a monthly payment of $285 for 36 months, with $2,585 due at signing.

16. Volkswagen ID.4

Current lease deals

Features Details

  • MSRP: From $38,995
  • Lease Price: $599 per month for 36 months
  • Due at Signing: $3,999

Volkswagen ID.4 is an all-electric compact SUV that can charge up to 295 hp and has impressive gas efficiency.

You can own this electric for a starting price of $38,995. But if you like, you can drive it with the best compact SUV lease deals in May. You need to pay $3,999 at signing, followed by a $599 monthly fee for 36 months.

17. Jeep Renegade

Compact SUV lease deals

Features Details

  • MSRP: From $27,805
  • Lease Price: $322 per month for 42 months
  • Due at Signing: $3,799

The Jeep Renegade has a base value of $27,805 if you intend to buy it. However, if you want to lease out this subcompact SUV, then you need to check out May 2025 lease deals.

For Renegade, you need to pay $3,799 at the time of signing, followed by a monthly fee of $322 for 42 months. The vehicle has a robust four-cylinder engine, good fuel efficiency, and affordable rates.

18. 2025 Chevrolet Trailblazer

Best lease deals SUV

Features Details

  • MSRP: From $22,100
  • Lease Price: $269 per month for 24 months
  • Due at Signing: $5,039

The Chevrolet Trailblazer not only comes with some of the best purchase deals but also with some of the best lease deals.

You can lease out this compact sport utility vehicle with a monthly fee of $269 for 24 months and a base fee of $5,039 at the time of signing the lease. You can buy this vehicle for a base price of $22,100, making it one of the most affordable rides on this list.

19. GMC Terrain

SUV lease deals right now

Features Details

  • MSRP: From $29,900
  • Lease Price: $269 per month for 24 months
  • Due at Signing: $4,769

You can buy an all-new GMC Terrain for an initial price of $29,900. But if you like, you can opt for the best lease deals for May and drive it for a monthly charge of $269 for 24 months.

To get this purchase deal, apart from monthly charges, you need to pay an initial payment of $4,769. The Terrain is one of the best SUV models, and you can purchase it for a starting value of $29,900.

20. Volkswagen Taos

Small SUV lease deals

Features Details

  • MSRP: From $24,155
  • Lease Price: $269 per month for 39 months
  • Due at Signing: $4,999

The all-new Volkswagen Taos comes with an initial purchase price of $24,155. But if you don’t want to purchase, you can lease it out for a monthly payment of $269 for 39 months, followed by a down payment of $4,999.

The vehicle comes with a small 4-cylinder engine that gives impressive fuel efficiency. If you like, you can even purchase the ride after the deal ends if the leasing party provides such an option.

21. Chevrolet Bolt EUV

Luxury SUV lease deals

Features Details

  • MSRP: From $27,800
  • Lease Price: $319 per month for 36 months
  • Due at Signing: $6,769

The 2025 Chevrolet Bolt EUV is an all-electric SUV with the best lease deals in May 2024. You can ride one with a signing amount of $6,769, followed by monthly charges of $319 for 36 months. The ride has a base purchase price of $27,800, and the all-electric engine gives great mileage.

22. 2025 Ford Bronco

Compact SUV lease deals

Features Details

  • MSRP: From $34,595
  • Lease Price: $1,049 per month for 48 months
  • Due at Signing: $3,999

Ford Bronco is among the May lease specials. The SUV comes with an MSRP of $34,595, but you can lease it with a down payment of $3,999 and monthly charges of $1,049 for 48 months. Bronco comes with optional four & six-cylinder engines that can produce up to 418 horsepower. However, the fuel efficiency is mediocre compared to others in the class.

23. Ford Bronco Sport

Small SUV lease deals

Features Details

  • MSRP: From $29,215
  • Lease Price: $419 per month for 36 months
  • Due at Signing: $3,559

With a range of robust engines, the Ford Bronco Sport comes with a base price of $29,215. But with the best SUV lease deals in May, you can lease it out for an initial payment of $3,559, followed by a monthly payment of $419 for 36 months. The engine options, good fuel efficiency, & spacious interior make it a good choice.

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24. Ford Explorer

New car lease deals

Features Details

  • MSRP: From $36,760
  • Lease Price: $577 per month for 36 months
  • Due at Signing: $4,931

One of the most popular SUVs out there is the Ford Explorer. You can lease it for a monthly price of $577 for 36 months with an initial payment of $4,931. The three optional engines, high gas mileage, and good towing capacity justify the base MSRP of $36,760 well.

25. Jeep Grand Cherokee L

Luxury SUV lease deals

Features Details

  • MSRP: From $43,035
  • Lease Price: $445 per month for 39 months
  • Due at Signing: $3,799

You can lease out the Jeep Grand Cherokee L with the lease deal of $3,799 due at the signing, along with a $445 monthly payment for 39 months.

The SUV comes with an initial price of $43,035, which makes up for amazing towing capacity, good gas efficiency, a robust engine, and 357 hp.

26. Jeep Wrangler

Luxury SUV lease deals

Features Details

  • MSRP: From $31,195
  • Lease Price: $466 per month for 42 months
  • Due at Signing: $3,995

With May lease deals, you can lease out a Jeep Wrangler with $3,995 due at signing, followed by a $466 monthly payment for 42 months.

The vehicle has four optional engines capable of roaring up to 470 hp.

Also, the good fuel efficiency, adequate towing power, and affordable base price of $31,195 make it a good SUV to consider.

27. Volkswagen Tiguan

Midsize SUV lease deals

Features Details

  • MSRP: From
  • Lease Price: $249 per month for 39 months
  • Due at Signing: $4,999

With an initial price of $26,950, the Volkswagen Tiguan offers a four-cylinder engine capable of boosting up to 184 hp and providing good gas mileage.

You can lease out this SUV for a signing amount of $4,999 plus the monthly payment of $249 for 39 months.

More on SUV May Deals

Almost every automaker making a sale in America tries to attract customers with different offers & deals now and then. Just like any other time of the year, this May is too filled with some of the best SUV deals.

An average SUV deal in May requires you to pay around $199-$499 monthly with about a down payment of around $3,000 with the term going from 3 to 4 years.

There are also financing deals available for you to explore.

Subcompact SUV Lease Deals

The subcompact is one of the prominent categories of SUVs that hold some of the best lease deals this May. Some of the best subcompact SUVs that you can lease out this month are the Jeep Renegade, Mazda X-30, and more.

Suggestion: 15 Best SUVs For Women Driver in 2024

The Jeep Renegade can be yours for a down payment of $3,999, followed by a monthly payment of $199 per month for 36 months. Similarly, the 2025 Mazda X-30 can be your leased ride for a down payment of $2,999, followed by a monthly payment of $199 for 36 months.

Not only this, there are many other subcompact SUVs like the 2025 Chevy Trax, Subaru Crosstrek, etc., that you can explore this May.

Best Subcompact SUV May Lease Deals

  • Hyundai Kona 
  • Mazda CX-30 
  • Toyota C-HR 
  • Chevrolet Trax 
  • Jeep Renegade 

Compact SUV Lease Deals

If you want an SUV for your growing family, then our list of compact SUV lease deals circulating this May will not hurt your bank balance.

You can lease out a good compact SUV like the Buick Encore GX for about a monthly payment of $199 for 39 months but with a downpayment of $4,389. It is one of the best compact models you can invest in this month.

Best Compact SUV May Lease Deals

  • Kia Soul 
  • Hyundai Tucson 
  • Buick Encore GX 
  • Kia Seltos 
  • Nissan Rogue 
  • Hyundai Santa Fe 
  • Subaru Forester 
  • Volkswagen ID.4 
  • Volkswagen Taos 
  • Chevrolet Bolt EUV 
  • Chevrolet Trailblazer 
  • Ford Bronco Sport 
  • Jeep Wrangler 
  • Volkswagen Tiguan 

Electric SUV Lease Deals

If you are someone who cares about nature a lot and is looking for a friendly SUV to lease out, then the 2025 Volkswagen ID.4 and Chevy EUV are the only ones on the lease offered this month.

You can lease out each of these SUVs for about 36 months. For ID.4, you need to pay a $379 monthly payment along with a down payment of $3,573. However, the Bolt EUV can be yours for a monthly payment of $269 with a down payment of $4,609.

Best Electric SUV May Lease Deals

  • Volkswagen ID.4
  • Chevrolet Bolt EUV

Midsize SUV Lease Deals

If you need extra space in your ride, then midsize SUVs are the best for you. The Ascent, and Atlas are some of the best vehicles in the class available for you to lease out.

You can lease out Subaru Ascent this month with a downpayment of $3,179, followed by a monthly payment of $279 for 36 months. Similarly, you can ride the Ford Explorer for an initial payment of $3,825 with monthly charges of $408 for 36 months.

Best Midsize SUV May Lease Deals

  • Subaru Ascent
  • Volkswagen Atlas
  • Buick Enclave
  • Jeep Grand Cherokee
  • Ford Explorer

Best SUV Financing Deals

Some SUVs come with financing deals along with the lease deals whereas there are some that do not offer any financing deal with the lease deals. However, below we have handpicked the SUVs that offer lease deals as well as the financing ones too:

  • Subaru Ascent: 0.9% financing
  • Ford Explorer: 0% financing
  • Subaru Forester: 0.9% financing
  • Buick Enclave: 0% financing
  • Buick Encore GX: 0% financing
  • Volkswagen Atlas: 0% financing
  • Subaru Crosstrek: 0.9% financing
  • Jeep Renegade: 0% financing
  • GMC Terrain: 0% financing
  • Ford Bronco Sport: 0% financing
  • Volkswagen Tiguan: 0% financing
  • Jeep Wrangler: 0% financing

FAQs About Best SUV Lease Deals Right Now

What are the best SUV lease deals right now?

SUV deals keep on changing every month, so you need to keep a close eye on the news. To help you out, below we have the list of best SUV deals that you can grab in May. The best SUV deals that you can find in May are:

  • Kia Soul
  • Hyundai Tucson
  • Hyundai Kona
  • Buick Encore GX
  • Kia Seltos
  • Mazda CX-30
  • Toyota C-HR
  • Nissan Rogue
  • Hyundai Santa Fe
  • Chevrolet Trax
  • Subaru Forester
Which brands have the best lease deals on SUVs right now?

You can find various brands involved in the May 2025 lease deals. There can be addition and subtraction of brand models as per the US auto market. Right now, you will find the best lease deal on:

  • Hyundai
  • Kia
  • Mazda
  • Nissan
  • Subaru
  • Chevrolet
  • Jeep
  • Volkswagen
  • Ford
What is the best month to lease a car?

The best month to lease a car is before the beginning of the new model year. This is because it is the time when automakers are working on their new launches and trying to get rid of the previous ones.

So the period of November to May is ideal to go for it.

Is it better to lease a car for 24 or 36 months?

The period of your lease decides your monthly payments. Monthly payments for 24 months will be higher than the 36 months. So, if you are looking for affordability and better value for your money, we suggest a 36-month contract will be a smarter choice.

Does insurance cost more for a leased car?

Yes. Most of the time, leasing a car generally requires a higher insurance premium. The reason is that the leasing company owns the vehicle, and they want to make sure the vehicle is covered in case of an accident.

Can you negotiate a car lease?

Whether you are buying or leasing, negotiation is always an option. The better you negotiate, the better offer you can get. This means you have to pay less depreciation for the time of the lease, plus lower monthly payments.

Why is leasing a vehicle a good idea?

Leasing is a bright idea if you do not have enough money to buy a car and do not want to carry out a loan. 

Buying a car on a budget might restrict you to fewer models, however, via leasing, you can go for even the luxurious automobiles that would have been generally out of your reach.

How much should you put down on a lease?

On a lease, you should at least put down 20% to avoid owing more on a ride than it’s worth.

You will easily find the required down payment, monthly charges, and time for the lease as you explore the options.

What are the new 2025 Rogue SUV leasing deals?

You can lease out the new 2025 Nissan Rogue with the best SUV lease deals in May. The car costs $25,850 for its base model, but you can lease it for a signing amount of $4,739 along with monthly installments of 219 for 36 months.

  • MSRP: $25,850
  • Lease Price: $219 per month for 36 months
  • Due at Signing: $4,739

Conclusion

Finding the best SUV lease deals in 2025 is not an impossible task. It sure is hard, but there is nothing you cannot find in this era of technology. The article sums up the top SUV deals of May and the details of monthly charges, period, & down payment. We hope this helps you in finding your next dream ride. So, which SUV deal do you find most endearing?

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18 Best Electric Car Lease Deals & Incentives in May 2024 https://www.locardeals.com/best-electric-car-lease-deals/ Sun, 14 Apr 2024 21:45:00 +0000 https://www.locardeals.com/?p=4084 Electric cars are the future of the automobile industry. With people getting more and more aware of the benefits of using an eco-friendly ride, the demand for EVs is rising.

With that being said, today, we have the list of the best electric car deals for you that you can grab this May. Not everyone can buy out a brand-new car, and not everyone likes the idea of buying one.

Some people like to rent out, or in layman terms, “lease out” a ride so that they can enjoy driving the cars that they actually cannot buy.

In the article below, we have lease deals 0 down, electric car deals right now, and this month’s specials that you would not want to miss at any cost. So let us get started and check out the latest Hyundai, Kia, BWM, Nissan, etc., best EV cars to lease.

18 Best Electric Car Lease Deals in May 2024

As the popularity of electric cars is increasing, we are seeing an elevation in the traditional lease deals related to the class. Companies are now focused more than ever on promoting them.

More than ever, several electric automobiles are available with eye-catching lease deals, huge discounts, and low financing rates. Some are even available with a combination of these offers.

Thus, we bring you the best electric car lease deals that you can grab in May 2024.

  1. 2024 Nissan Leaf
  2. 2024 Kia Niro EV
  3. 2024 BMW i3
  4. 2024 Chevrolet Bolt EV
  5. 2024 Chevrolet Bolt EUV
  6. 2024 Ford Mustang Mach E
  7. 2024 Hyundai Kona Electric
  8. 2024 Hyundai Ioniq Electric
  9. 2024 Hyundai Nexo
  10. Porsche Taycan
  11. Tesla Model 3
  12. 2024 Volkswagen ID.4
  13. 2024 Volvo XC40 Recharge
  14. 2024 Mitsubishi Outlander PHEV 
  15. 2024 Chrysler Pacifica Hybrid 
  16. 2024 Kia Niro
  17. Jeep Wrangler 4xe 
  18. Hyundai Ioniq Plug-In Hybrid 

Guide to Buy Electric Cars

Electric cars are people’s new favorite. They sure are lightweight and much quieter than the regular gasoline cars but knowing that they are eco-friendly too, makes them even more appealing.

However, not every buyer out there is completely aware of electric cars. Some don’t even know that there are types of electric vehicles that one should consider before buying.

If you know it all, then well. But if not, do not worry. In this section of the article, we are going to talk about different kinds of electric automobiles and the things you should consider while leasing one and more.

Types Of Electric Vehicles:

  • BEV (Battery Electric Vehicle): BEVs run only on electricity. You do not get any gasoline options in your ride. So, you need to have your ride charges with an outlet or charging station.
  • PHEV (Plug-In Hybrid): PHEVs are powered by both gasoline and electricity. Such vehicles can run entirely on electricity, gas, or a combination of both.
  • HEV (Hybrid Electric Vehicle): HEVs use an electric motor to help the combustion engine. The vehicle will use electricity during acceleration or under light load.

Things To Consider When Leasing An EV

Now that you know that there are different types of electric vehicles, you also need to understand the mechanism of leasing one. There are a few things that you need to consider and make certain of before signing any documents.

Range Limits:

Just as gasoline vehicles have miles per gallon, electric vehicles have a range of miles that they can drive when fully charged. So before you finalize one, make sure you analyze your driving requirements &behavior to make sure you get the right one.

Technological Features:

Tech features are the prime needs in any type of requirement. The latest EV models are equipped with some of the best features the industry has to offer.

So look out for a vehicle that comes with the best & latest tech & safety features.

Also Check:

Charging Point:

Consider your charging options well. Think about how and where you are going to charge your electric ride. Is there any charging station nearby or on the route that you will be taking every now & then?

Also, it is suggested to not fuss over a special outlet installation if you are only leasing one.

Comfort:

Comfort is the only thing that will keep you riding your car for a long time. So check the vehicle and see if it comforts you well while driving.

Adjustable seats, steering wheels, etc., are some of the basic comfort features that a ride must carry.

Reason To Lease An Electric Vehicle

Now that you are aware of things you should consider when leasing out an electric vehicle, there still might be some doubts left in some people’s minds.

Here, we have the reasons why any buyer should go for leasing an EV to put all the overthinking at rest.

  • You can turn in the vehicle for an upgrade at the end of the lease.
  • Lower monthly payments (in comparison to buying).
  • Electric vehicles depreciate faster than other cars, so leasing is the best option to get your money’s worth.
  • EVs are environment-friendly vehicles.
  • They come with many unique and advanced features.

Best Electric Car Lease Deals Under $600 In May 2024

If you have been thinking about owning an electric vehicle, now is a great time to lease one. We did not say buy because leasing a vehicle will save you a lot of money, and if it is an EV, you will further save on gas and even help the environment.

Electric vehicles have now become a necessity of the world, and they are going to be upgraded more frequently than one can imagine. So buying one does not make much sense.

However, you can have the pleasure to ride one with the best electric car lease deals. Below, we share this month’s best lease deals for EVs. We have categorized the vehicles into All-electric and Hybrid categories.

1. 2024 Nissan Leaf

best electric car deals 2021

Features Details

  • MSRP: From $28,040
  • Lease Price: $329 per month for 36 months
  • Due at Signing: $2,519
  • Financial Deal: 2.99% APR for up to 36 months

One of the best electric car leases deals you can find this month is on the latest 2024 Nissan Leaf.  This full-electric vehicle can be your leased ride for a down payment of $2,519, followed by monthly payments of $329 for 36 months.

The Leaf has a base purchase price of $28,040 and offers excellent fuel efficiency. So make 2024 Leaf yours with new electric car lease deals.

Also Check:

2. 2024 Kia Niro EV

best electric car deals

Features Details

  • MSRP: From $39,550
  • Lease Price: $329 per month for 36 months
  • Due at Signing: $3,999
  • Financial Deal: 2.90% APR for up to 72 months

The 2024 Kia Niro EV is a compact sport utility vehicle with one of the best Kia electric car lease deals. With the best EV cars to lease, you can rent out Niro for a due payment of $3,999 and monthly charges of $329 for 36 months.

Kia Niro has an efficient electric engine that provides good road mileage and is powerful enough to roar 201 hp. You can purchase this electric ride for a starting price of $39,550.

3. 2024 BMW i4 (This is replacement for BMW i3)

new electric car lease deals

Features Details

  • MSRP: From $52,000
  • Lease Price: $489 per month for 36 months
  • Due at Signing: $4,239

The 2024 BMW i4 is one of the best luxury EV car lease deals you can grab in May 2024. BMW i4 can be your lease ride for a downpayment of $4,239, followed by $489 monthly payments for the upcoming 36 months.

If you like, you can buy out this luxury ride for a base price of $52,000. It offers a powerful electric engine along with excellent gas efficiency.

4. 2024 Chevrolet Bolt EV

ev car lease deals bay area

Features Details

  • MSRP: From $26,500
  • Lease Price: $299 per month for 36 months
  • Due at Signing: $6,759

With the best electric car lease deals of May, you can lease out the 2024 Chevrolet Bolt EV for a lease price of $299 per month for 36 months and a down payment of $6,759.

Loaded with an efficient electric engine that offers immense mileage, you can purchase this Chevy for a starting price of $26,500 only.

5. 2024 Chevrolet Bolt EUV

new electric car lease deals

Features Details

  • MSRP: From $27,800
  • Lease Price: $319 per month for 36 months
  • Due at Signing: $6,769

With the best electric car lease deals near you, you can rent out the 2024 Chevrolet Bolt EUV. It can be yours for a down payment of $6,769 and a monthly payment of $319 for 36 months.

The latest Bolt EUV has an all-electric engine, compact size, and good gas mileage. And if you like, you can buy this SUV for a starting price of $27,800.

6. 2024 Ford Mustang Mach E

best luxury electric car lease deals

Features Details

  • MSRP: From $45,995
  • Lease Price: $589 per month for 36 months
  • Due at Signing: $5,139
  • Financial Deal: 5.59% APR for up to 72 months

You can lease out the 2024 Ford Mustang Mach E this month for $5,139, due at signing, followed by $589 monthly charges for 36 months.

2024 Mach E has a potent and fuel-efficient engine, good cargo space, and confident handling. Plus, you can buy this Ford electric SUV for a selling price of $45,995.

Also Check:

7. 2024 Hyundai Kona Electric

best lease deals this month

Features Details

  • MSRP: From $33,550
  • Lease Price: $269 per month for 36 months
  • Due at Signing: $3,999
  • Financial Deal: 1.9% APR for 48 months and $750 cash back

The 2024 Hyundai Kona Electric is among the new electric car lease deals of May. Lease out this Korean make for a down payment of $3,999 with $269 monthly installments for 36 months. 

You can buy out this fully electric ride for a retail market price of $33,550. You get an efficient battery range and excellent mileage. Hyundai Kona EV lease deals are one of the best lease deals of May.

8. 2024 Hyundai Ioniq Electric

best EV car leasing deals

Features Details

  • MSRP: From $41,450
  • Lease Price: $499 per month for 36 months
  • Due at Signing: $3,999
  • Financial Deal: 5.9% APR for up to 60 months and $3,750 cash back

The 2024 Hyundai Ioniq Electric can be yours for about three years with the new best electric car lease deals. With a down payment of $3,999 and monthly payments of $499 for about 36 months, you can lease out the latest Hyundai Ioniq. 2024 Ioniq is a fully electric ride, and you can purchase it for a starting price of $41,450.

9. 2024 Hyundai Nexo

best car lease deal the USA

Features Details

  • MSRP: From $60,135
  • Lease Price: $529 per month for 36 months
  • Due at Signing: $3,499

Lease out the 2024 Hyundai Nexo for a down payment of $3,499 plus monthly payments of $529 for 36 months. You sure can purchase this ride for a starting price of $60,135. However, if the price seems out of budget, then leasing it out is the best option.

10. 2024 Porsche Taycan

best luxury electric car lease deals

Features Details

  • MSRP: From $86,700
  • Lease Price: $1,399 per month for 39 months
  • Due at Signing: $12,729

If you are a luxury sports car enthusiast and always wanted to ride one, then this wish of yours is all set to become a reality with the best electric car lease deals.

You can lease out the 2024 Porsche Taycan for monthly charges of $1,399 for 39 months and $12,729 due at signing. This luxury ride is all about power, and you can make it yours for a purchasing price of $86,700.

11. 2024 Tesla Model 3

tesla electric car lease deals

Features Details

  • MSRP: From $40,240
  • Lease Price: $424 per month for 36 months
  • Due at Signing: $4,500
  • Financial Deal: 5.59% APR for up to 72 months 

Entering the month of May, we have the latest Tesla electric car lease deals waiting for you. With a signing amount of $4,500 followed by monthly payments of $424 for 36 months, you can lease out the 2024 Tesla Model 3 in the United States this month. This fully electric car comes with an initial selling price of $40,240.

Also Check:

12. 2024 Volkswagen ID.4

ev car lease deals bay area

Features Details

  • MSRP: From $38,995
  • Lease Price: $599 per month for 36 months
  • Due at Signing: $3,999

Lease out the 2024 Volkswagen ID.4 this May for $3,999 as the signing amount and $599 monthly payments for 36 months. The electric SUV comes with a powerful engine with good efficiency and can be yours for a starting selling price of $38,995.

13. 2024 Volvo XC40 Recharge

Volvo electric car deals

Features Details

  • MSRP: From $53,550
  • Lease Price: $615 per month for 36 months
  • Due at Signing: $4,090
  • Financial Deal: 5.99% APR for up to 72 months or up to $2,000

With a down payment of $4,090 followed by monthly installments of $615 for 36 months, you can lease out the 2024 Volvo XC40 Recharge. Volvo XC40 comes with mediocre fuel efficiency compared to its competitors but quick & responsive acceleration. Lastly, you can purchase it for a starting amount of $53,550.

EV Hybrid Vehicles Lease Deals

14. 2024 Mitsubishi Outlander PHEV

electric car deals 0 down

Features Details

  • MSRP: From $39,845
  • Lease Price: $389 per month for 36 months
  • Due at Signing: $3,388

The 2024 Mitsubishi Outlander PHEV is a compact sport utility vehicle that you can lease out this month for an initial deposit of $3,388, followed by a monthly payment of $389 for 36 months.

This hybrid SUV has a four-cylinder engine, three motors, and a high-range battery that gives you the best of both worlds. You can buy it for a starting price of $39,845.

Check Also:

15. 2024 Chrysler Pacifica Hybrid

Chevy electric car lease deals

Features Details

  • MSRP: From $50,795
  • Lease Price: $693 per month for 39 months
  • Due at Signing: $4,749
  • Financial Deal: $750 cash back

With the best electric car lease deals, the 2024 Chrysler Pacifica Hybrid can be yours for a signing amount of $4,749 and a monthly charge of $693 for 39 months. The vehicle has a robust hybrid engine, and you can purchase it for a base price of $50,795.

16. 2024 Kia Niro

best electric car lease deals

Features Details

  • MSRP: From $33,840
  • Lease Price: $419 per month for 36 months
  • Due at Signing: $3,799

The 2024 Kia Niro is a plug-in hybrid compact sport utility vehicle. You can purchase this highly fuel-efficient ride for a starting price of $33,840.

However, if you are considering renting, you can lease out this hybrid SUV with the best electric car lease deals of May 2024. All you require is to pay a signing amount of $3,799 and monthly installments of $419 for 36 months.

17. 2024 Jeep Wrangler 4xe

Jeep electric car lease deals

Features Details

  • MSRP: From $54,735
  • Lease Price: $497 per month for 42 months
  • Due at Signing: $3,995

The 2024 Jeep Wrangler 4xe comes with a May lease deal that allows you to rent out this plug-in hybrid for a down payment of $3,995, followed by monthly payments of $497 for 42 months. If you like, you can buy this off-road sport utility vehicle for a starting price of $54,735.

18. Hyundai Ioniq Plug-In Hybrid

electric Hybrid car deals

Features Details

  • MSRP: From $41,450
  • Lease Price: $532 per month for 36 months
  • Due at Signing: $2,000

The new Hyundai Ioniq Plug-In Hybrid model can be yours to lease out for a signing amount of $2,000, followed by monthly payments of $532 for 36 months. 

Hybrid Ioniq comes in three configurations. And if you do not wish to go for the May lease deals 2024, you can buy the base trim for a starting price of $41,450.

Top FAQs About Best EV Cars to Lease in May 2024

What are the most affordable EVs a person can lease this month?
Should you buy or lease an electric vehicle?
Can leasing a car get me the tax credit?

Generally, leasing out a car does not make a person eligible for state or federal tax credits in the United States. So, if you are thinking of leasing out a vehicle just for credits don’t do it.

However, you may be able to get some incentives from your leasing company for using their vehicle.

Can you negotiate a lease?
Which companies are offering the best deals on electric cars right now?
Is buying an electric car worthwhile?
What is the cheapest electric car one can buy?
Can I lease out a Tesla?
Is leasing an EV a good choice?

Conclusion

Leasing out a car is one of the best alternatives to buying it this May. Not everyone can pay a huge sum of money in one go, and not everyone is capable of handling huge loans.

However, with the best electric car lease deals right now, you can rent out some of the best all-electric and hybrid cars with the least payable amounts. Explore the list and let us know which deal caught your eyes.

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