If you’re looking for a great deal on a new vehicle lease this summer, you’re in the right place. Nearly half of this month’s best lease deals are below the $200-per-month mark, and include a handful of electric vehicles (EVs), a hybrid, a plug-in hybrid electric vehicle (PHEV), and even a couple of sedans.
More lease deals: SUV Lease Deals | Truck Lease Deals | Best Lease Deals | Under $300 Lease Deals
Here are 10 of the cheapest lease deals you’ll find in August 2025.
1. 2025 Chevrolet Equinox EV
Lease deal: $249/month for 24 months with $3,049 due at signing
Sticker price: $43,295
Expires: 9/2/2025
See 2025 Chevrolet Equinox EV models near you
With sleek looks, 319 miles of range, and eligibility for the Super Cruise hands-free partial self-driving system, the 2025 Chevrolet Equinox 2WD LT on special this month is at the sweet spot of the range, with a great balance of features and price. The deal excludes models with black cloth seat trim, which means it includes Chevrolet’s Evotex synthetic leather upholstery.
2. 2024 Dodge Hornet
Lease deal: $179/month for 24 months with $3,679 due at signing
Sticker price: $42,995
Expires: 9/2/2025
See 2024 Dodge Hornet models near you
Although it’s had some recall issues, the 2024 Dodge Hornet is an upmarket, sporty small crossover SUV that’s offering a good financing deal this month. The plug-in hybrid Hornet R/T eAWD packs 288 horsepower and 383 lb-ft of torque, and it can go 33 miles on electricity alone.
3. 2025 Honda Accord
Lease deal: $239/month for 36 months with $3,699 due at signing
Sticker price: $29,445
Expires: 9/2/2025
See 2025 Honda Accord models near you
The Honda Accord is a legend for a litany of reasons, including its comfort, quality, refinement, and technology. This month, the nicely equipped front-wheel-drive (FWD) 2025 LX trim is the model on special, although the midlevel SE is available for $4,199 due at signing and $259 per month. To get this deal, you must be a current owner of an eligible 2010 or newer vehicle.
4. 2025 Hyundai Ioniq 5
Lease deal: $159/month for 24 months with $3,999 due at signing
Sticker price: $48,250
Expires: 9/2/2025
See 2025 Hyundai Ioniq 5 models near you
If you’re looking for a sharply styled, long-range electric vehicle, the 2025 Hyundai Ioniq 5 SE RWD makes a strong argument for your money this month. Lease tip: If you’d prefer more range and more equipment, the SEL is available for the same down payment and $189/month.
5. 2025 Hyundai Kona Electric
Lease deal: $189/month for 24 months with $3,999 due at signing
Sticker price: $34,470
Expires: 9/2/2025
See 2025 Hyundai Kona Electric models near you
The 2025 Hyundai Kona Electric is a fun, funky, very affordable subcompact EV, perfect as a city runabout or, with its 261-mile range, as an efficient, easy-to-park commuter. The base SE trim is the cheapest lease deal for the lineup this month, but the higher trims are also available with monthly payments from $209 to $259.
6. 2025 Kia Niro EV
Lease deal: $129/month for 24 months with $3,999 due at signing
Sticker price: $41,045
Expires: 9/2/2025
See 2025 Kia Niro models near you
Electric vehicles are finally becoming more affordable, and the 2025 Kia Niro EV is among the leading wave. It’s also a practical option, with 20% more cargo space than the previous-generation Niro. The Wind on special this month is the base model, but it’s well-equipped for the money.
7. 2025 Subaru Impreza
Lease deal: $239/month for 36 months with $2,674 due at signing
Sticker price: $25,530
Expires: 9/2/2025
See 2025 Subaru Impreza models near you
The 2025 Subaru Impreza is a 5-door hatchback with standard AWD and loads of standard safety equipment. Pro tip: You may not need to upgrade, as the base model on lease special this month comes well equipped with dual 7-inch touchscreens, dual-zone automatic climate control, and more.
8. 2025 Toyota Corolla
Lease deal: $229/month for 36 months with $2,999 due at signing
Sticker price: $23,995
Expires: 9/2/2025
See 2025 Toyota Corolla models near you
The 2025 Toyota Corolla is an efficient, stylish bargain that really shouldn’t be overlooked by those who log lots of miles, or just like an efficient sedan – most trims get 34-35 mpg combined, and 38-40 mpg on the highway. The LE trim is on special this month, and it includes Toyota Safety Sense 3.0 with standard adaptive cruise control, lane-keep assist, road sign assist, and more.
9. 2025 Toyota Tacoma
Lease deal: $249/month for 36 months with $3,999 due at signing
Sticker price: $38,885
Expires: 9/2/2025
See 2025 Toyota Tacoma models for sale
The 2025 Toyota Tacoma is beloved by off-roaders for its ability and extensive aftermarket support. It’s loved by everyone else for its reliability and affordability. The Tacoma SR5 on special this month includes the Double Cab configuration with 2WD.
10. 2025 Volkswagen ID.4
Lease deal: $209/month for 24 months with $4,499 due at signing
Sticker price: $55,520
Expires: 9/30/2025
See 2025 Volkswagen ID.4 models near you
The 2025 Volkswagen ID.4 marks the model’s return to production after a hiatus to solve some production issues. The 2025 models focus on the longer-range variants, including the AWD Pro S model on lease special this month, which gets 263 miles of range and 102 MPGe combined. Some of our favorite ID.4 features include the IQ.Drive safety system and the ID.Light dash-mounted LED strip, which helps with navigation.
Cheapest Lease Deals in August 2025
- 2025 Chevrolet Equinox EV
- 2024 Dodge Hornet
- 2025 Honda Accord
- 2025 Hyundai Ioniq 5
- 2025 Hyundai Kona Electric
- 2025 Kia Niro EV
- 2025 Subaru Impreza
- 2025 Toyota Corolla
- 2025 Toyota Tacoma
- 2025 Volkswagen ID.4
Note: Prices quoted are for the model and trim on special this month and include destination charges, but do not include other mandatory fees like tax, title, or licensing, or any possible tariffs.
