Best EV Lease Deals — June 2026
The cheapest electric-vehicle leases this month, driven by manufacturer lease cash now that the federal credit is gone. Ioniq 5, Equinox EV, Mach-E, and more.

Leasing is still the smartest way into an EV, and June's numbers prove it — but let me be clear about why, because the showrooms keep getting this wrong. The old story was that automakers passed the $7,500 commercial credit into leases. That credit is gone — OBBBA ended it for vehicles acquired after September 30, 2025 (I lay out the whole thing in The Federal EV Tax Credit Is Gone). What's keeping these leases cheap now is plain old manufacturer lease cash: GM, Hyundai, and Ford are absorbing the lost credit themselves to keep monthly payments competitive and inventory moving. The result is still great for you — just don't let a salesperson tell you it's a tax break. Below are the strongest EV lease deals nationally as of late June, all 36-month/10,000-mile terms expiring June 30, 2026.
Electric SUVs
The heart of the EV market, and where the lease support is deepest.
| Model | Trim | Monthly | Due at signing |
|---|---|---|---|
| Chevrolet Equinox EV | LT | $259 | $3,499 |
| Hyundai Ioniq 5 | SE RWD | $269 | $3,999 |
| Ford Mustang Mach-E | Select | $299 | $3,999 |
| Kia EV6 | Light | $289 | $3,999 |
| Volkswagen ID.4 | Pro | $279 | $3,499 |
- The Chevrolet Equinox EV at $259 is the standout — a 300-plus-mile EV for the price of a compact gas sedan lease. GM is stacking lease cash, finance cash, and loyalty bonuses to get there.
- The Ioniq 5 remains my value benchmark thanks to its 800-volt fast charging and now-standard NACS port for Tesla Supercharger access.
- See my head-to-head: Equinox EV vs Ioniq 5.
Tesla
Tesla's lease pricing shifts frequently, but June terms are competitive.
| Model | Trim | Monthly | Due at signing |
|---|---|---|---|
| Tesla Model 3 | RWD | $329 | $2,999 |
| Tesla Model Y | RWD | $369 | $2,999 |
- Lower due-at-signing than most rivals offsets a slightly higher payment.
- Tesla leases include Supercharger access but historically restrict buyout — read the lease-end terms before signing.
Premium and three-row EVs
| Model | Trim | Monthly | Due at signing |
|---|---|---|---|
| Hyundai Ioniq 6 | SE | $309 | $3,999 |
| Kia EV9 | Light RWD | $479 | $4,999 |
| BMW i4 | eDrive35 | $529 | $5,499 |
- The Kia EV9 at $479 is the cheapest way into a three-row electric SUV, and one of the few that exists at all.
- The Ioniq 6's aerodynamic efficiency makes it the long-range value sedan of the group.
How to use these numbers
Manufacturer lease cash is the whole story now. With the federal credit gone, the reason an EV still leases cheaper than it finances is that automakers are baking their own cash into the lease as a capitalized-cost reduction. That can swing a lease class="relative z-10"50–$250 a month under the buy payment — so if you're not keeping the car forever, leasing an EV is often the cheaper path. Just confirm the cash is real and in writing.
Match the lease to your charging reality. A cheap EV lease is only cheap if you can charge at home. If you'd lean on public fast charging, factor that cost and hassle in before chasing the lowest payment. My home EV charging guide covers what a Level 2 setup actually costs.
Watch the mileage cap. EV leases penalize overage like any other lease. Drive more than 10,000 miles a year? Buy the extra miles up front.
Compare against gas. A $259 Equinox EV lease undercuts a lot of gas compact-SUV leases this month. If your driving fits, the electric option can genuinely be the cheaper monthly choice in June — not a premium.
For non-electric lease options, see my best lease deals for June 2026.
Deal details change frequently. Always confirm terms with the dealer before purchase.
From the Buying Guide
Negotiating with dealers
OTD pricing, the email-only playbook, and the four dealer-side tricks to expect.
Read more →OTD price calculator
Verify the real total on any quoted deal before you sign.
Read more →Leasing primer
Money factor, residual, MSDs — the math that decides whether the headline number is real.
Read more →Related articles

The Federal EV Tax Credit Is Gone: 2026 Buyer Guide
OBBBA killed the $7,500 new and $4,000 used EV credits for purchases after Sept 30, 2025. Here's what's left, what carries over, and what to do.

Best New-Car Lease Deals, June 2026
The lowest monthly lease payments across sedans, SUVs, and trucks this month. All examples are 36-month/10,000-mile terms, valid through June 30, 2026.

Chevy Equinox EV vs Hyundai IONIQ 5 (2026)
Price, range, charging speed, and interior: the most affordable mainstream EV crossover against the benchmark Korean all-rounder.