Top 5 EV Lease Deals in August: Hyundai IONIQ 5, Honda Prologue, Volkswagen ID.4, Hyundai IONIQ 5, Ford Mustang Mach-E

Several automakers are offering competitive lease deals on electric vehicles (EVs) in August, with prices as low as $129/month for a Volkswagen ID.4 and $159/month for a Honda Prologue. These deals are made possible by the EV lease loophole, which allows for the tax credit to be passed through to the consumer. However, these deals are only available for a limited time and will likely increase once the federal tax credit expires on September 30.

Several automakers are offering highly competitive lease deals on electric vehicles (EVs) in August 2025, with prices as low as $129/month for a Volkswagen ID.4 and $159/month for a Honda Prologue. These deals are made possible by the EV lease loophole, which allows for the tax credit to be passed through to the consumer. However, these deals are only available for a limited time and will likely increase once the federal tax credit expires on September 30.

The 2025 Volkswagen ID.4 Pro RWD is currently available for a lease of just $129/month for 24 months, with 10,000 miles per year. This deal, which runs through August 31, is practically interest-free, with an effective monthly cost of $233, making it $264 less than the previous rate [1].

Honda is also offering a competitive deal on the 2025 Honda Prologue, available in California and other CARB states. The lease price is $159/month for 24 months, with an upfront payment of $1,099. Alternatively, there is a One Pay Lease option, where customers can pay $4,800 upfront for a 24-month lease, resulting in no monthly bills [1].

Hyundai is offering several competitive lease deals as well. The 2025 Hyundai IONIQ 5 SE Standard Range is available for $149/month for 36 months, with an upfront payment of $3,999, resulting in an effective monthly cost of $260. The deal is available through September 2 [1].

The 2025 Hyundai IONIQ 6 SE Standard Range is also on offer, with a lease price of $169/month for 24 months, with an upfront payment of $3,999. This deal is available through September 2 and includes up to $11,750 in lease cash [1].

Subaru is offering the 2025 Subaru Solterra for $279/month for 36 months, with an upfront payment of $279. This deal is available through September 2 and offers an effective monthly cost of $287, making it one of the most affordable EVs to lease [1].

These deals are set to expire soon, so interested consumers should act quickly. The federal tax credit for EVs is scheduled to disappear on September 30, which is likely to cause prices to increase. Buying an EV may become more attractive than leasing after this date.

References:
[1] https://electrek.co/2025/08/04/5-best-ev-lease-deals-august/