From $189 a month: 5 of the best EV lease deals in November [Updated]

We’re now nearly two months out from the end of the $7,500 federal EV tax credit on September 30, and there are still solid deals to be had on some pretty spiffy EVs. In fact, three of our top five November specials are cheaper than what was offered in September, and two come with home EV chargers and free installation. Here are November’s top 5 EV lease deals, as spotted by our friends at CarsDirect.

2025 Hyundai IONIQ 5 lease from $189/month

The updated 2025 Hyundai IONIQ 5 SE RWD Standard Range is still a standout EV lease deal, holding steady even after the end of the federal EV tax credit and new import tariffs. Through December 1, you can lease one for $189 a month for 36 months (10,000 miles per year) with $3,999 due at signing. That works out to an effective monthly cost of about $300.

The price bump is far smaller than many expected, especially considering Hyundai’s $17,000 in lease cash. And if you’re tempted by an upgrade, the SEL RWD trim is just $50 more per month under the same terms. You’ll get a model that’s roughly $7,000 more in value and $18,750 in savings. The IONIQ 5 SE RWD Standard Range offers an EPA-estimated 245 miles of range, and this particular offer is available in the Los Angeles and greater California metro areas.

Click here to find a local dealer that may have the Hyundai IONIQ 5 in stock. –trusted affiliate link

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2025 Hyundai IONIQ 6 lease from $189/month

The 2025 Hyundai IONIQ 6 SE RWD Standard Range is tied with the IONIQ 5 for the most affordable EV lease deal this month, offering standout value even after the federal EV tax credit era. In the California metro area, you can lease it for $189 per month for 36 months (10,000 miles per year) with $3,999 due at signing, and Hyundai is sweetening the deal with $13,000 in lease cash.

That brings the effective monthly cost to around $300. With an EPA-estimated 240 miles of range, 149 horsepower, fast-charging capabilities, and a sleek, distinctive design, the IONIQ 6 remains a fan favorite. This offer is valid through December 1.

Click here to find a local dealer that may have the Hyundai IONIQ 6 in stock. –trusted affiliate link

2025 Ford Mustang Mach-E from $219/month

November 18 update: As of November 13, CarsDirect says the GT and GT Rally Mach-E styles have become eligible for $6,000 in EV Red Carpet Lease Customer Cash in the following regions: Boston, Chicago, Cincinnati, Charlotte, Dallas, Denver, Detroit, Houston, Kansas City, Los Angeles, Memphis, Philadelphia, Orlando, Phoenix, Pittsburgh, San Francisco, Twin Cities, and Washington. That’s a $1,000 increase over the previous offer.

The 2025 Ford Mustang Mach-E Select RWD with Package 100A is offering bigger savings this month, making it an even stronger pick for EV shoppers. Known for its premium design and an EPA-estimated 300 miles of range, the Mach-E remains a favorite among drivers who want style and substance.

You can now lease it for $219 per month for 24 months (10,500 miles per year), with a down payment of $4,499 due at signing. That’s $20 less per month than the September advertised deal, although the term is shorter. With an effective monthly cost of around $406, it’s only $45 more than before the tax credit ended.

The offer includes $6,750 in lease cash for qualified lessees, plus a free Ford Charging Station Pro with complimentary home installation – a rare perk. If you already have a home charger, you can opt for an additional $2,000 in bonus cash instead. This deal is currently available in California through January 5, 2026.

Click here to find a local dealer that may have the Ford Mustang Mach-E in stock. –trusted affiliate link

2025 Honda Prologue from $239/month

November 18 update: As of November 13, all trims of the 2025 Honda Prologue are eligible for $16,550 in lease cash through January 5. That breaks down as a $5,000 dealer lease cash bonus, an $8,250 Honda lease cash incentive, and a $3,300 loyalty or conquest cash award. It’s available in the following states: CA, CO, CT, DC, DE, FL, MA, MD, ME, MN, NH, NJ, NM, NV, NY, OR, PA, RI, VA, VT, WA, and WV.

Until January 5, the 2025 Honda Prologue, with a 308-mile range, can be leased for $239 a month for 36 months (10,000 miles) and $1,199 due at signing in Connecticut, Massachusetts, and Maryland. That means the Prologue has an effective monthly cost of $272, making it a great value.

For those in California and other CARB-emission states, you can lease for $279 for 36 months (10,000 miles) and $1,299 due at signing, resulting in an effective monthly cost of $315. This was the best-priced lease deal before the new East Coast three-state offer.

The price includes a $3,300 loyalty discount or conquest cash, available only to those currently leasing a Honda or planning to switch from another manufacturer in select states. If you aren’t living in California, Florida, New York, or other select states, you’re still eligible for a bonus of $2,000.

These bonuses are stackable with the $5,000 dealer cash, $8,250 Honda lease cash, and a $1,500 additional lease bonus, which replaces the $7,500 tax credit.

Click here to find a local dealer that may have the Honda Prologue in stock. –trusted affiliate link

2025 Ford F-150 Lightning from $279/month

You can now lease a 2025 Ford F-150 Lightning 4×4 Super Crew XLT w/ Pkg 311A for a low monthly payment of $279 for 36 months (10,500 miles) and $6,729 due at signing. With an MSRP of $65,190, that makes the effective monthly cost of $466. It has an EPA-estimated range of 240 miles and 452 hp.

That’s $23 less a month than the advertised September lease deal with the federal tax credit. The offer includes $9,500 in lease cash and, like the Mach-e, a complimentary home EV charger and installation or an additional $2,000 in savings. This offer is available in California through January 5, 2026.

Click here to find a local dealer that may have the Ford F-150 Lightning in stock. –trusted affiliate link

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