Best EV Lease Deals: January 2026

Leasing has become one of the most popular ways to get the car you want for the price you want. Essentially, it’s a long-term rental agreement, paid off monthly over a set amount of time (usually 24-48 months), with the option to buy the car outright or walk away afterward. It doesn’t come with the commitment and large upfront cost of buying, and the expensive price of new cars means that the leasing market has grown.

The big factor in many people’s leasing process is their creditworthiness. Lenders will check your credit score to determine what your interest rate should be, or even if you qualify at all. A good credit score can mean cheaper lease deals with a smaller down payment, while poor credit may mean higher monthly costs or outright denial. Here are the best EV deals right now.

Pros Of Leasing:

• Cheaper compared to buying the same car
• The ability to drive a newer vehicle
• Warranty coverage for the lease duration
• You can upgrade after your lease is over

Cons Of Leasing

• Mileage limits
• No ownership equity
• Constant monthly payments if you keep leasing
• Potential end-of-lease fees