July has arrived, bringing with it hot deals on the best SUV lease options. The top deals for July feature mostly electric models such as the Hyundai IONIQ 5, Kia Niro EV, and Subaru Solterra. Check out the latest offers below to score a great deal on your next electric SUV.
Nearly all car manufacturers have seen a significant increase in electric vehicle sales in recent months. Companies like Ford, GM, Hyundai, Kia, and Subaru have experienced double or even triple-digit growth in sales. This surge follows aggressive price cuts made over the past year to compete with Tesla.
According to data from S&P Global Mobility, electric vehicle registrations grew by 17% in April, accounting for 7.3% of all light-duty vehicles. The report attributes this growth to bonus cash, lease deals, and other promotions that have lowered prices and boosted sales.
Electric vehicle prices are now on par with gas-powered cars, with significant lease discounts making leasing an electric SUV even more affordable. Three out of the four best SUV lease deals for July are electric models, with Hyundai, Kia, and Subaru offering monthly payments ranging from $199 to $329.