The Chevrolet Equinox EV stands out with one of the most compelling lease offers this month. General Motors has slashed prices, enabling leases as low as $7 per month for a 36-month term with $6,199 due at signing, effectively averaging $179 monthly. This compact SUV delivers 319 miles of range and a spacious interior, making it a practical choice for families. For buyers, GM offers 0% APR for 72 months, $4,000 bonus cash, and $1,000 conquest cash for Tesla owners switching brands. A complimentary Level 2 home charger with standard installation sweetens the deal, positioning the Equinox EV as a standout for budget-conscious shoppers.
Nissan Ariya: Affordable Luxury on a Budget
The 2025 Nissan Ariya leads premium EV deals with a lease price of $129 per month after a recent price cut, based on a 36-month term with $5,999 due at signing. This translates to roughly $296 monthly, offering a stylish crossover with 304 miles of range and advanced tech like ProPilot Assist. Financing options include 0% APR for 60 months, appealing to buyers seeking long-term savings. The Ariya’s sleek design and competitive pricing make it a strong contender for those wanting luxury without the premium price tag.
Ford Mustang Mach-E: Aggressive Discounts Return
Ford’s Mustang Mach-E remains a favorite, with lease deals starting at $249 per month for 36 months and $6,199 due at signing, averaging $422 monthly. This electric crossover, blending sporty aesthetics with 300 miles of range, also offers 0% APR for 72 months and $2,500 bonus cash. Ford’s aggressive pricing reflects a push to clear inventory, especially as tariff uncertainties loom. The Mach-E’s performance and versatility make it a compelling option for buyers seeking a dynamic driving experience at a reduced cost.
Kia Niro EV: Compact and Cost-Effective
For those eyeing a subcompact EV, the Kia Niro EV offers a lease deal of $199 per month for 36 months with $3,999 due at signing, averaging about $310 monthly. With 253 miles of range and a practical hatchback design, the Niro EV appeals to urban drivers. Financing deals include 0.9% APR for 60 months and $1,500 bonus cash, making it one of the most affordable EVs in its class. Its compact footprint and low operating costs position it as a smart choice for cost-conscious buyers.
Challenges and Considerations
While these deals are enticing, potential buyers should act quickly, as the $7,500 federal EV tax credit may face changes with looming tariff policies. Automakers are front-loading shipments to preempt cost increases, which could lead to inventory gluts and further discounts later in 2025. However, softening consumer demand, particularly in markets like China, may temper these savings if economic conditions worsen. Buyers should also consider long-term costs, as EVs remain cheaper to operate than gas-powered vehicles, with savings on fuel and maintenance.
The deals reflect a broader trend of automakers lowering prices to stay competitive. However, high upfront costs, like down payments, can inflate the effective monthly lease price, as seen with the Mach-E and Equinox EV. Shoppers should weigh total costs and verify local availability, as some deals vary by region or dealership stock.
Why Now Is the Time to Act
The current wave of EV incentives is driven by a mix of market dynamics and policy shifts. With global EV shipments projected to grow 20% in 2025, automakers are keen to capture market share before tariffs disrupt pricing. These deals, combined with EVs’ lower running costs—averaging $0.04 per mile versus $0.12 for gas vehicles—make July 2025 a strategic time to buy or lease. Whether you prioritize range, luxury, or affordability, options like the Equinox EV, Ariya, Mach-E, and Niro EV offer compelling value in a rapidly evolving market.