As 2024 models near the end of their production cycle, U.S. dealerships may offer substantial discounts on electric SUVs to make room for incoming 2025 models. This strategy might include aggressive financing deals, cash incentives, and attractive lease offers. If you’re in the market for a new electric SUV, now may be the perfect time to take advantage of these deals. You can drive home a top-of-the-line EV while saving money and securing the best financing options.
Year-End Clearance Sales: Why They Might Be the Best Time to Buy
As dealerships prepare for the arrival of new 2025 models, they may offer price drops on 2024 electric SUVs to make room for the incoming inventory. These clearance sales often feature significant discounts, including special financing offers, cash incentives, and attractive lease deals.
The end of the year is typically a time when dealerships are more motivated to meet their sales quotas, which might translate into more favorable terms for buyers. If you’re considering an electric SUV, this may be the perfect time to take advantage of potential savings on your next vehicle purchase.
Top Lease Deals on Electric SUVs to Consider
Several electric SUVs currently offer competitive lease deals that could make driving a new EV more affordable. Here are a few top options worth considering:
- Hyundai IONIQ 5: Lease the SE Standard Range for $159/month (24-month lease, $3,999 due at signing), or the SE Long Range for $189/month with the same terms. The 2025 model also comes with updates, available for $199 (Standard Range) and $229 (Long Range).
- Acura ZDX: Lease the A-Spec model for $299/month (24-month lease, $2,999 due at signing) with an effective cost of $424/month. This electric SUV is available in CARB states and offers a $4,000 discount for those switching from another lease.
- Ford Mustang Mach-E: Benefit from interest-free financing for 72 months with $2,500 in Retail Bonus Cash and the option for a free home charger installation.
- Kia EV9: Enjoy $10,000 in customer cash rebates on the 2025 model, or opt for 0% financing for 72 months with $1,000 in Bonus Cash.
These are just a few deals currently available, and many other options exist, so it’s worth doing your research to find the best offer for your needs.
Save Money with EV Discount Campaigns
The Ride and Drive Clean EV Discount Campaign offers consumers significant savings on electric vehicles, including electric SUVs. This nonprofit collaboration organizes limited-time savings events where eligible buyers can access pre-negotiated discounts, manufacturer incentives, and government rebates.
Their partnership with Cartelligent, a new-car buying service, ensures that you receive the best prices on a range of models at different price points. The average savings from these campaigns is around $3,000, with discounts on over 300 EVs sold in just 15 months. If you’re looking for additional savings and want to ensure you’re getting the best deal on your electric SUV, participating in one of these campaigns could be a smart choice.
What to Consider When Choosing the Right Electric SUV
When choosing the right electric SUV, there are several factors to consider. First, think about the driving range—how far you can travel on a single charge, as this will impact your daily driving habits and longer trips. You’ll also want to evaluate the charging infrastructure available near your home or along your commute. Interior space and features are also key, especially if you have a family or need room for cargo.
Lastly, keep in mind the price and available incentives—many EVs qualify for federal tax credits or utility rebates, which could help reduce your purchase cost. Finally, consider the brand’s reputation for reliability, as well as the vehicle’s safety features to ensure you’re making a sound investment.
Driving Into a Future of Savings and Sustainability
Year-end clearance deals on electric SUVs offer an excellent opportunity to save money while upgrading to a more sustainable vehicle. With attractive lease offers, financing options, and rebates, now is a great time to make the switch to an electric SUV.
By taking advantage of these limited-time promotions, you can enjoy a reliable, eco-friendly vehicle at a fraction of the cost, all while securing the latest model with cutting-edge technology. Don’t miss out—start your search today and drive away with a great deal!
