Buying a brand new or used car outright can make a huge hole in one’s wallet. This is why the act of leasing vehicles has become a lot popular in recent years. It is especially prevalent in the world of electric vehicles. Reports have shown that almost 80% of all-electric vehicles are leased in the United States.
Leasing a vehicle is quite a smart financial move, especially if it’s an electric vehicle. Leasing significantly helps lower the down payments and monthly payments. It also lets electric vehicle enthusiasts keep up with the latest technological innovations in the industry without having to sell their electric vehicles themselves years in the future where the model could be outdated. Leasing has also caught on in the electric bike industry. E-bike companies are offering multiple payment options such as weekly rent or rent-to-own with an upfront cost. With the ongoing COVID-19 pandemic, it may be a wise decision to invest in an electric bike if you don’t have your own mode of transportation. This way, you can safely travel around while practicing proper social distancing. We have scoured the internet and compiled the top three best deals for both cars and electric bikes in the United States.
Best Car Leasing Deals in the United States 2020
For years, the Kia Optima has been one of the top choices for buyers who are looking for a reliable and good performing sedan with an affordable price point. It is no different in 2020, the price to performance ratio of the 2020 Kia Optima is hard to beat. The 2020 Kia Optima features both Android Auto and Apple CarPlay native integration and a wide array of driving aids which includes a blind-spot monitor. It is a great time to lease a 2020 Kia Optima due to the fairly low demand which means lower prices.
Lease Details:
- $/month: $199
- Months: 24
- Due at signing: $1,499
- Total: $6,275
- Expires: 09/08/20
- MSRP: 23,390
The 2020 Nissan LEAF S is a great choice for buyers looking for a vehicle that is easy on the wallet while helping the environment. This fully electric car comes with a variety of desirable features at an affordable price point. The Nissan LEAF’s seating capacity is 5 people with a hatchback that offers cargo space of up to 23.6 cubic feet or 30 cubic feet if the rear seats are folded down. The LEAF also boasts numerous safety features such as forward-collision warning, blind-spot monitoring, and many more.
Lease Details:
- $/month: $163
- Months: 36
- Due at signing: $2,999
- Total: $8,704
- Expires: 09/08/20
- MSRP: $32,525
3. 2019 Hyundai Sonata Plug-in Hybrid
Joining our top 3 is a hybrid car, the 2019 Hyundai Sonata Plug-in Hybrid features a 50-kW electric motor alongside a 2.0-liter four-cylinder engine. The 2019 Hyundai Sonata Plug-in Hybrid can run a range of 28 miles on all-electric with a total range of 600 miles. Alongside this, it also has several safety features that any driver needs such as a rear-view camera, lane change assist, and blind-spot monitoring.
Lease Details:
- $/month: $179
- Months: 36
- Due at signing: $2,599
- Total: $8.864
- Expires: 09/08/20
- MSRP: $34,355
Best Electric Bike Leasing Deals in the United States 2020
If you’re looking for a durable and relatively long-lasting e-bike, the Bolt Zero from Zoomo E-bikes may be the one for you. Only available in New York, the Zero boasts a total battery life of eight hours. It runs at 750W and has a top speed of 25 MPH. Other features include a smart lock, fast charging, and built-in lights.
Lease Details:
- Buying Price: $1,400
- Weekly Rent: $55
- Rent to own: $65 p/w with $300 upfront cost
2. Stride 400M, SynergyCycles E-bikes
The Stride 400M from SynergyCycles is one of the best urban e-bikes out on the market today. The easy mounting and dismounting nature of the overall design makes it accessible for all ages. It features a battery range of 25-35 miles, with a maximum speed of 20 Mph. It also features various adjustment points across the bike which helps to make it as comfortable as possible for each individual.
Lease Details:
- Prices Start at $79 per month
If speed is your thing, the Sprinter from Zoomo E-bikes has got you covered. With an impressive maximum speed of 25 MPH and a battery life of 7 hours, the Sprinter will help you pass cars or scooters on the road. The Sprinter also features a throttle control and built-in lights to keep you safe. The Sprinter is available in San Francisco and New York.
Lease Details:
- Weekly Rent: $59
- Rent to Own: $85 p/w with $400 upfront cost
Conclusion
There are numerous options and deals when it comes to leasing a car. Leasing or buying a vehicle comes down to your priorities. Whether you just want to have a mode of transportation and don’t have the funds to fully buy one or want to have a strong connection with your vehicle and plan to use it for the foreseeable future. Some things to consider are the monthly expenses of a lease is generally lower than that of a car loan. You can also buy the vehicle you’re leasing at a pre-arranged price if you wish to keep the vehicle at the end of the lease term.
