Best New Car Lease Deals for April 2022

One method to avoid paying over sticker these days is to ask your dealer, “May I see that EV?” Despite record-high gas prices—and even in the wind-farmed, solar-paneled utopia of California—many electric cars from the so-called “legacy” automakers require more of a prod than their gas siblings to move out of the showroom.

At the moment, the deals extend mostly to these eight—so don’t expect to score a bargain on the hottest new electric models, such as the Ford F-150 Lightning, the GMC Hummer EV, the Rivian R1T, or the Hyundai Ioniq 5. And if this is your first EV, check out our EV primer to learn more about the battery-electric segment and its various offerings.

Make sure you also read our leasing guide. We’ve covered everything that may get glossed over in the showroom: advertising fees, money factors, residuals, legal implications, and all the other fine print that could cost you thousands more than you’d expect. When comparing similar cars, be aware that a lower monthly price often demands more money up front. As with any national lease special, enter your ZIP code on an automaker’s website to check if these deals apply to your area. Prices may be higher or lower depending on the region. Research is always your friend.

Nissan

$199 per month/$4124 at signing
36 months/30,000 miles

The original mass-market electric car, the Nissan Leaf is now in its 12th model year. It’s the oldest nameplate in the EV space and has the most affordable and attractive EV lease. The Leaf is a good value and far more comfortable inside than a Chevrolet Bolt. This lease special is for the base S trim. Its 149-mile range and slow-charging battery will put a leash on your driving, but since we’re hardly commuting anymore, a Leaf S at this price is a no-brainer against the Versa and many other gas-powered subcompacts.

Hyundai

$259 per month/$3699 at signing
36 months/30,000 miles

This isn’t the flashy new electric Hyundai. The Ioniq 5 is the uber-hip EV that looks like something out of The Matrix, while the Kona Electric is a converted gas model that is due to check out of this world once the Ioniq subbrand grows into a full lineup of EVs. Still, this is a decent deal for a subcompact SUV with a more premium interior than the gas-powered Kona and an EPA-estimated 248 miles of range. But even at these attractive prices and with the ’22 model’s slicker exterior, a Kona Electric would be our placeholder until we could get into an Ioniq 5.

Polestar

$499 per month/$5499 at signing
36 months/30,000 miles

The nascent Polestar brand is piggybacking off Volvo dealers and Hertz rental lots to build a presence. The product is fine, but it’s a tough sell. The brand is detached from but still heavily reliant on its connection to Volvo—Polestar promises it will evolve to create a completely separate look and feel in the coming years. For now, this lifted, squarish sedan is an alternative to the Volvo Recharge models (it uses the same electric powertrains and Google-based infotainment). This lease is for the dual-motor all-wheel-drive version, which carries an EPA-estimated 249-mile range.

Volvo

$680 per month/$4220 at signing
36 months/30,000 miles

When speaking of its XC40 EV, Volvo prefers to talk about the interior’s recycled plastic bottles and Google Assistant, but we’re more interested in the twin-motor version’s 402 horsepower, 486 pound-feet of torque, all-wheel drive, and 60-mph time of 4.3 seconds. The XC40 is speedy and trendy (think lava orange carpet covering the footwells), but this is Volvo, so its ego is always in check—there’s not even a driving mode selector. If you want a less boxy roofline, wait for the sleeker C40 Recharge, which shares the same impressive tech. This lease is for the twin-motor Plus trim.

Ford

$698 per month/$7008 at signing
39 months/34,125 miles

For the past year, there were little to no deals on the Mustang Mach-E. Inventory is still tight, and Ford won’t let anyone order a Premium or California Route 1 trim. But the top-spec GT with dual motors and 600 pound-feet of torque is available for between $698 and $783 per month, depending on where you live. The EPA range is a relatively lousy 220 miles, and we didn’t find the GT to be entirely worthy of its name, but this is nonetheless an attractive and high-quality Ford that feels as substantial as any German luxury car.

BMW

$759 per month/$4999 at signing
36 months/30,000 miles

As a carbon-free carbon copy of the gas-powered 4-series Gran Coupe, the i4 isn’t immediately recognizable as a pure EV. The partially filled-in nostrils and a fully filled-in rear valence without exhaust tips are the chief giveaways. We tested an i4 M50 and found it quicker than an M3, but you won’t find that model for under $800 a month. Instead, this lease gets you the single-motor eDrive40 with 335 horsepower and a 301-mile range on 18-inch wheels. BMW is feeling generous with this lease special’s equipment. The Premium and Parking Assistance packages are included along with a Harman Kardon stereo and metallic paint. You’d pay more for the traditional thrill of BMW’s turbocharged inline-six: The M440i Gran Coupe is $809 a month.

Mercedes-Benz

$1359 per month/$9270 at signing
24 months/20,000 miles

The gas-powered Mercedes-Benz S-class is not cheap and—surprise, surprise—neither is the electric version. But the EQS is slightly less expensive than the regular S-class, and its featured lease terms are shorter at two years rather than three. This lease is for the EQS 450+, which affords a 350-mile range and features a sumptuous interior. But there’s just 329 horsepower and 406 pound-feet of torque, which means that most traditional luxury sports sedans (or Kia’s spectacular EV6 GT) will smoke you off the line. However, the style, unrivaled comfort, and cutting-edge tech on this Benz may be better than raw speed.

Porsche

$1549 per month/$14,479 at signing
36 months/30,000 miles

Porsche’s short reign as the hardest-accelerating EV sedan was over before it began. The Tesla Model S Plaid and Lucid Air Dream outgun the top Taycan Turbo S—and for less money. At Porsche, however, driver satisfaction is more than just a single hole shot. The Taycan is the gold standard among EVs for precise steering, handling, brake feel, and roadholding. This lease for the Taycan 4S delivers all that goodness even if it doesn’t have the gut-punch acceleration of the Turbo S. And because Porsche EV buyers are in need of federal assistance, there’s also a $7500 tax credit.

This content is created and maintained by a third party, and imported onto this page to help users provide their email addresses. You may be able to find more information about this and similar content at piano.io