Best EV Financing and Lease Deals in August 2025: 0% APR and Ultra-Low Payments

August 2025 is turning out to be one of the most competitive months for electric vehicle shoppers in recent memory. Automakers are rolling out aggressive financing and lease incentives ahead of the fall sales season, with several popular EVs now offered at 0% APR or with ultra-low monthly payments. 

From mainstream crossovers like the Nissan Leaf to luxury models such as the Lexus RZ, deals are designed to move inventory before federal tax incentives wind down in September.

Zero-percent financing stretches across brands

One of the biggest trends this month is the sheer breadth of 0% financing offers across the EV market. Traditionally reserved for select models, no-interest loans are now being extended to everything from affordable hatchbacks to luxury crossovers.

• Nissan Leaf: 0% financing for 72 months. Buyers can choose between the 149-mile base S trim or the 212-mile SV Plus, which adds more power and features like heated seats and ProPilot Assist, according to US News.
• Lexus RZ: 0% for 72 months. A comfortable luxury crossover with up to 266 miles of range and a high-tech cabin highlighted by a 14-inch touchscreen and standard driver-assistance features.
• Chevrolet Equinox EV: 0% for 60 months. One of the most affordable new EV SUVs, the Equinox EV offers strong value with spacious seating and a Google-based infotainment system.
• Toyota bZ4X: 0% for 72 months plus $4,500 bonus cash. Toyota’s electric crossover features up to 252 miles of range in base trim and comes standard with wireless Apple CarPlay and Android Auto.
• Honda Prologue: 0% for 60 months. Honda’s new midsize EV emphasizes comfort, space, and tech, with up to 308 miles of range in front-wheel drive form.
• Nissan Ariya: 0% for 72 months plus $2,000 bonus cash. Upscale cabin design and a smooth ride are Ariya highlights, with higher trims offering nearly 290 miles of range.
• Dodge Charger Daytona: 0% for 72 months. A performance-focused EV that accelerates from 0–60 mph in just over 3 seconds in Scat Pack trim.

These purchase incentives make ownership more attainable at a time when interest rates remain high for conventional car loans. A six-year no-interest deal can save thousands compared with standard 6–8% APR financing.

Lease specials drop to historic lows

For shoppers looking to avoid long-term commitments, lease deals in August are some of the lowest ever offered on EVs. Automakers are leveraging federal incentives on leased vehicles to dramatically cut monthly payments, in some cases to under $150.

• Kia Niro EV: $109/month for 24 months with $3,999 due at signing. The Niro offers 253 miles of range and a premium-feeling interior. A 36-month option raises the monthly cost to just $159.
• Ford F-150 Lightning: $258/month for 24 months with $6,812 due at signing. A rare chance to lease a full-size electric pickup with serious utility, the Lightning includes 240 miles of range in its XLT model and strong towing capability.
• Subaru Solterra: $299/month for 36 months with only $299 due at signing. Its all-wheel drive and 8.3 inches of clearance make it a standout for buyers who want EV practicality with some off-road ability.
• Hyundai Kona Electric: $189/month for 24 months with $3,999 due at signing. The base model delivers 200 miles of range and a feature-rich cabin at one of the lowest prices in the market.
• Volkswagen ID.4: $129/month for 24 months. VW’s compact EV SUV is now one of the cheapest leases nationwide, aided by up to $9,250 in lease cash depending on trim selected, according to Electrek.
• Hyundai IONIQ 5: $149/month for 36 months with $3,999 due. This top-selling EV, which is also universally loved by reviewers and consumers alike, is now available at one of its lowest lease rates to date.
• Hyundai IONIQ 6: $169/month for 24 months with $3,999 due. Sleek styling and up to 12,000 miles annually make it a strong value for drivers seeking a sedan alternative.

These specials often require strong credit scores and vary by region, but they highlight how competitive the EV leasing landscape has become. For buyers who don’t want to commit beyond two or three years—or who expect significant battery advances soon—these short-term deals provide a low-risk entry into EV ownership.

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