Is the Honda Prologue the best EV to lease right now?
The Honda Prologue has emerged as a top contender in the EV leasing market, ranking among the top ten most leased vehicles in the US for Q1, alongside Tesla's Model Y and Model 3. Since its launch in March, it has become the second-best-selling electric SUV, with over 13,500 units sold through May, a significant increase from 705 units last year. The rise in leasing, with nearly 60% of new EV buyers opting for leases, is attributed to Honda's competitive lease rates.
The Honda Prologue continues to surprise, ranking among the top ten most leased vehicles (gas-powered or EV) in the US in the first quarter. It was the only EV, outside of Tesla’s Model Y and Model 3, that made the list.
Honda Prologue EV is one of the most leased vehicles
After launching the Prologue in the US last March, Honda’s electric SUV took off. In the second half of the year, it was the second-best-selling electric SUV, trailing only the Tesla Model Y.
The Prologue remains a top-selling EV in the US this year, with over 13,500 units sold through May. That’s not too bad, considering it only sold 705 through May of last year.
According to a new Experian report (via Automotive News), Honda’s success is being driven by ultra-affordable lease rates. In the first quarter, nearly 60% of new EV buyers in the US chose to lease, up from just 36% a year ago.
