Labor Day Electric Car Lease & Financing Deals

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by Kivi

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09.02.2020



As electric cars increase in popularity, we’ll begin to see more traditional deals on them. In addition, when automakers are struggling to sell these cars, the situation may encourage healthy incentives. While we are supposedly in a post-COVID situation, times are still tough for many, and automakers are advertising solid deals for the Labor Day weekend.

Several electric vehicles are available with either excellent lease deals, large discounts, low financing rates, or deferred payment plans. Some cars are available with a combination of these offers. Not all deals are equally appealing, but we’ve included them for comparison.

As usual, Chevrolet Bolt EV deals are superb. BMW is offering good options for the i3. Leasing a Tesla Model 3 isn’t cheap, but compared to the Jaguar I-Pace, it looks like a steal. Pay particular attention to all the 0% financing and really low monthly lease payments. Several EVs are leasing around $200 per month, which is crazy.

Keep in mind that not all deals are available in all markets, so check with your local dealer for details on what’s available in your area. Perhaps you can secure a better deal.

2020 Audi e-tron

  • Lease for $418 per month for 36 months with $7,495 due at signing

2020 BMW i3

  • Lease for $299 per month for 36 months with $2,775 due at signing ($7,500 rebate included in payment calculation)
  • 0% APR for 60 months

2020 Chevrolet Bolt EV

  • Lease for $239 per month for 36 months with $1,629 due at signing
  • 0% APR for 72 months plus $4,750 cash allowance
  • $8,500 customer cash

2020 Hyundai Ioniq Electric

  • Lease for $239 per month for 36 months with $2,500 due at signing
  • 0.9% APR for 60 months

2020 Hyundai Kona Electric

  • Lease for $309 per month for 36 months with $3,999 due at signing
  • 1.9% APR for 60 months, plus $500 bonus cash

2020 Jaguar I-Pace

  • Lease for $899 per month for 36 months with $5,995 due at signing
  • 0% APR for 72 months

2020 Kia Niro EV

  • Lease for $319 per month for 24 months with $3,499 due at signing
  • 0% APR for 60 months, plus $1,000 bonus cash

2020 Kia Niro Plug-In Hybrid

  • Lease for $209 per month for 24 months with $3,381 due at signing
  • 0% APR for 60 months, plus $1,000 bonus cash

2020 Mini Cooper SE

2020 Mitsubishi Outlander PHEV

  • Lease for $269 per month for 36 months with $3,768 due at signing
  • 0% APR for up to 60 months plus $1,000 bonus cash

2020 Nissan LEAF

  • Lease for $262 per month for 36 months with $2,999 due at signing
  • $4,000 customer cash
  • 0% APR for up to 72 months, plus $500 bonus cash

2020 Tesla Model 3

  • Lease for $371 per month for 36 months with $4,500 due at signing

2020 Honda Clarity Plug-In Hybrid

  • Lease for $339 per month for 36 months with $2,999 due at signing
  • 1.9% APR for up to 60 months

2020 Toyota Prius Prime

  • Lease for $249 per month for 36 months with $1,999 due at signing
  • $2,500 customer cash
  • 0% APR for up to 36 months
  • 1.0% APR for up to 60 months

There are many more incentives out there. You just have to take the time and do your homework. Most automakers are offering deferred payments for at least three months, even if it’s not noted above or on their individual websites. Also, keep in mind that used EVs are available with outstanding deals as well.



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