Here Are the Best EV Lease Deals for October
Key Points
- The $7,500 federal tax credit for electric vehicles may have ended, but automakers continue to offer strong incentives on EV leases.
- Hyundai, Stellantis, GM and Ford have also discounted lease deals.
It’s not too late to get a good lease deal on select electric vehicles. Even though the $7,500 federal tax credit expired Sept. 30, automakers and dealers are still motivated to move EVs, especially the BMW iX and Honda Prologue SUVs. Below, we cover some of the best lease deals through the end of October. Not included on our list but worth checking out are unique EV lease deals from some automakers, including Ford, Stellantis, Hyundai and GM.
Related: Here Are the Best Pickup Truck Deals Right Now
The following deals are available nationally, though some regional markets may offer better incentives; always check with the dealer to ensure the deal is offered, however, as it can vary by state and some dealers may not advertise it. A lease also has an acquisition fee due at signing, typically ranging from $295 to about $1,000, which is not included here.
2025 Subaru Solterra
- Down payment: $1,999
- Monthly payment: $299
- Due at signing: $2,298
- Months/mileage: 36/30,000
- MSRP: $39,915
- Effective monthly cost: $355
Subaru’s lone EV, a sibling of the Toyota bZ4X (now rebranded simply the bZ), has a good deal now before the 2026 Solterra arrives. The 2025 Solterra has a dual-motor all-wheel-drive system and a 72.8-kilowatt-hour battery good for an EPA-estimated range of up to 227 miles. The Solterra Premium has a $7,500 incentive and can be had for just $299 a month for 36 months through Oct. 31. Like Toyota, Subaru updated its EV for 2026, making it more powerful and with quicker charging and greater range.
2025 Honda Prologue
- Down payment: $1,240-$4,590
- Monthly payment: $239-$329
- Due at signing: $2,199-$4,899
- Months/mileage: 36/30,000
- MSRP: $48,895-$59,395
- Effective monthly cost: $293-$437
The Honda Prologue has been a surprise hit thanks in part to steep discounts that have enhanced its value proposition. Related to the Chevrolet Blazer EV, the Prologue eases the EV transition for Honda fans; in contrast to the Blazer EV, however, it has more familiar Honda controls and an interface that includes wireless Apple CarPlay and Android Auto. Through Nov. 3, Honda is offering up to $12,000 in lease cash, and certain dealers offer another $5,000 in dealer lease cash. It’s one of the best EV lease deals on offer right now.
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2025 Ford Mustang Mach-E
- Down payment: $5,329
- Monthly payment: $259
- Due at signing: $5,329
- Months/mileage: 36/31,500
- MSRP: $51,240
- Effective monthly cost: $407
The Ford Mustang Mach-E adds an electric edge to the Blue Oval’s SUV lineup. Related to the iconic pony car in name only, the four-door, five-seat Mach-E has a range of performance personalities: Aside from the stiffly riding, range-topping GT trim, other Mach-E variants are comfier, more accessible and offer up to an EPA-estimated 320 miles of range. The 2025 Mustang Mach-E Premium AWD with the 88-kWh battery pack has a $7,500 cash-back incentive through Nov. 3, while the base Mach-E Select RWD with the 75.7-kWh battery has $8,250 cash back and no down payment. Listed above is the lease deal for the more popular Premium AWD.
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2026 BMW iX
- Down payment: $3,505-$5,600
- Monthly payment: $699-$999
- Due at signing: $5,129-$8,299
- Months/mileage: 36/30,000
- MSRP: $78,925-$112,675
- Effective monthly cost: $796-$1,155
The BMW iX electric SUV received a glow-up for 2026 that includes a lower-priced entry variant, new wheel designs, and a new front end with different headlights. The dual-motor AWD SUV starts as the xDrive45 that’s rated at a total of 402 horsepower and an EPA-estimated 312 miles of range. The xDrive60 makes a combined 536 hp and has a range of up to 364 miles, topping the iX chart. A performance version dubbed the M70 trades a lower range of 303 miles for a 0-60 mph time of 3.6 seconds, according to BMW. The lease deal of $7,500 cash back applies to all three versions.
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Shop the 2026 BMW iX near you
2024 Jaguar I-Pace
- Down payment: $5,251
- Monthly payment: $779
- Due at signing: $5,920
- Months/mileage: 36/30,000
- MSRP: $80,125
- Effective monthly cost: $925
One of the first electric SUVs to launch (as well as being among the first to be discontinued), the 2024 Jaguar I-Pace is still on dealer lots and offers some good deals. The I-Pace stands out for its shifty design, luxury and relative rarity. It comes standard with a 90-kWh battery pack and a dual-motor AWD powertrain that makes 394 hp. Range peaks at 246 miles. Jaguar has a $16,750 cash incentive through Oct. 31.
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2025 Porsche Macan Electric
- Down payment: $6,845
- Monthly payment: $999
- Due at signing: $7,844
- Months/mileage: 39/32,500
- MSRP: $86,365
- Effective monthly cost: $1,175
A 355-hp base variant with a single motor and rear-wheel drive followed the launch of higher-end versions of Porsche’s performance electric SUV, and it’s complemented by a new 442-hp 4S grade. Porsche pairs the Macan Electric’s high-strung motors with a standard air suspension and adaptive dampers for a frisky, planted ride befitting the brand’s sporty reputation. With its 95-kWh battery pack and quick-charging 800-volt architecture, the Macan Electric doesn’t sacrifice convenience for performance. Range varies between 288 and 315 miles.
2025 Polestar 3
- Down payment: $0
- Monthly payment: $699
- Due at signing: $699
- Months/mileage: 36/22,500
- MSRP: $74,800
- Effective monthly cost: $699
The Polestar 3 has topped best lease deals lists for months as the upstart EV maker attempts to gain footing in the lucrative U.S. market. Once the name of Volvo’s performance arm and still sharing parts with the Swedish brand, Polestar operates mostly independently. The 3 is a sporty two-row SUV with versions that vary from a single-motor RWD variant capable of an EPA-estimated 350 miles to a 517-hp Dual Motor Performance trim with 279 miles of range. Polestar Financial Services is offering up to $18,000 off through its Clean Vehicle Incentive on the Long Range Dual Motor variant until Nov. 2.
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This vehicle is certified pre-owned, backed by a manufacturer warranty, and typically undergoes a rigorous multi-point inspection to ensure quality and reliability.
This vehicle is currently in high demand given its competitive price, desirable features, and overall condition, and may have a higher chance of selling quickly.
Shop the 2025 Polestar 3 near you
More From Cars.com on EV Shopping:
- What to Know Before Purchasing an Electric Vehicle: A Buying Guide
- Cars.com’s Top EV Picks of 2026
- IRS Details Loophole Extending Federal EV Tax Credit
- How Can You Save on Your EV Purchase?
- Read More About the Latest in EVs
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