Nine EVs that lease for under $400/month: Ioniq 5, Solterra, Niro, Ioniq 6, more
Baua Electric
FEBRUARY 25, 2024
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.
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