Here are all the EVs you can still lease for under $300 a month in August
With the $7,500 federal tax credit for electric vehicles expiring soon, automakers are offering significant discounts. A list of EVs available for lease under $300 a month in August has been compiled. In the first half of 2025, over 607,000 electric vehicles were sold in the US, with sales expected to increase as the tax credit deadline approaches. Average EV incentives have reached 14.8% of the average transaction price, nearly $8,500, leading to record sales for brands like GM and Honda.
With just over a month left until the $7,500 federal tax credit for electric vehicles expires, automakers are pushing the savings. We’ve put together a list of all the EVs you can still lease for under $300 a month in August.
Which EVs can you lease for under $300 in August?
Over 607,000 electric vehicles were sold in the US in the first half of 2025, but sales are expected to pick up over the next month or so.
With the EV tax credit set to expire, auto brands are offering generous discounts to lure buyers. According to Cox Automotive, average EV incentives reached an all-time high of 14.8% of the ATP (average transaction price), or nearly $8,500.
The discounts are boosting sales with several brands announcing record EV sales over the past two months. GM and Honda are leading the growth, with the Chevy Equinox EV and Prologue at the forefront.
