10 EVs that lease for under $400/month: Ioniq 5, Solterra, Niro, Ioniq 6, Model Y, more
Hyundai IONIQ 5 (left) and IONIQ 6 (right) at Tesla Supercharger (Source: Hyundai)
There’s a loophole in the stricter IRA federal tax credit that only applies $3750 rebates on North American-built cars and separately $3750 on domestic batteries. For whatever reason, all EVs get the full $7500 applied to leases, however. So that has more people leasing EVs than ever before.
The number of electric vehicle models that can be leased for less than $400/month has grown by 50% since last August. The…