Among the lowest-priced offers currently available are lease deals for the 2025 Ford F-150 Lightning, 2025 Hyundai Ioniq 6, 2026 Hyundai Ioniq 5, and 2026 Tesla Model 3. The offers vary by region, lease duration, annual mileage allowances, and required upfront payments, with some deals limited to California while others are available nationwide.
The lease incentives also arrive as some automakers prepare to phase out or discontinue certain models. Both the Ford F-150 Lightning and Hyundai Ioniq 6 are tied to reports of production changes after the 2025 model year, increasing pressure on dealers to clear remaining inventory.
Ford Lowers Monthly Payments On The F-150 Lightning
Some dealers are offering the 2025 Ford F-150 Lightning XLT for $196 per month on a 24-month lease with $6,790 due at signing and a yearly mileage allowance of 10,500 miles. The offer is regional and scheduled to end on July 6.
While the advertised monthly payment appears low, the required upfront payment significantly increases the effective cost of the lease. Spread over the lease term, the total works out to about $479 per month before taxes and fees.
The offer also comes with restrictions, according to Jalopnik. Customers must opt out of Ford’s Power Promise home charger program to qualify for the lease terms. Longer 36-month leases are available with slightly reduced monthly payments, though they still require large upfront costs.
Ford has also announced the end of its electric full-size pickup truck for the 2026 model year, leaving dealers to move remaining 2025 inventory.
Hyundai Focuses On Affordability With The Ioniq 6 And Ioniq 5
In California, the 2025 Hyundai Ioniq 6 SE Standard Range is available for $189 per month over 24 months with $3,999 due at signing and a 12,000-mile annual mileage allowance.
Once the upfront payment is included, the effective monthly cost rises to about $356. The SE Long Range version costs $10 more per month while increasing the estimated driving range from 240 miles to 342 miles.
Hyundai is also discontinuing the Ioniq 6 for the 2026 model year following weak demand, leaving a larger supply of 2025 models available on dealer lots.
The 2026 Hyundai Ioniq 5 SE Standard Range is also being offered in California for $259 per month over 24 months with $3,999 due at signing. The promotion is expected to continue through June 1.
Including the upfront payment, the effective monthly cost reaches approximately $426 before taxes and fees. The SE Extended Range trim increases the monthly payment by $10 while extending the estimated range by 73 miles to a maximum of 318 miles.
Tesla Promotes A Nationwide Model 3 Lease Offer
Tesla’s lease promotion for the 2026 Model 3 Rear-Wheel Drive is available nationally at $299 per month for 36 months with $3,994 due at signing and a yearly mileage allowance of 10,000 miles.
The effective monthly cost comes to about $410 before taxes and fees. Tesla is also including 2,000 free Supercharging miles for customers trading in a gas or hybrid vehicle.
The base rear-wheel-drive version features reduced performance, lower charging capability, and a simplified interior configuration compared with higher trims. Buyers choosing the Model 3 Premium or Performance versions receive one year of free charging, and that offer can be combined with the trade-in incentive.
Across all four offers, upfront payments remain a major factor in the final lease cost, even when the advertised monthly rates appear unusually low.
