Thinking about leasing an EV6... Is it a good idea?

I just finished paying off my Subaru Outback and I’m considering leasing an EV to try it out, but I still want to have my gas car as a backup. I was looking at the Ioniq 5 at first, but after doing some calculations, it seems like I could get a much better deal on an EV6. This will be my first time leasing a vehicle, so I’m not sure if this deal is as good as it seems. What do you think? Would the EV6 be a good first EV for me?

That’s a crazy deal

$0 down and $331 a month is really good

Wade said:
That’s a crazy deal

$0 down and $331 a month is really good

I thought so too, but since I’ve never leased before, I wasn’t sure if I was missing something. Is there anything that stands out to you about the deal?

@Lane
I’m paying more for a GT Line with money down. I’d take that deal without hesitation

Wade said:
That’s a crazy deal

$0 down and $331 a month is really good

I got $0 down and $234 a month for the EV6 Wind Long Range, AWD with tech package .

Stormy said:

Wade said:
That’s a crazy deal

$0 down and $331 a month is really good

I got $0 down and $234 a month for the EV6 Wind Long Range, AWD with tech package!

Wow, was that a 2023 or 2024 model? Maybe I can still negotiate a better deal

@Lane
It was a 2024 model. I live in Colorado, so we might have better tax incentives than your state. I also went to another dealer, got a quote for the Light Long Range, and showed my original dealer that it was the quote for the Wind

@Stormy
Nice, that’s smart

@Stormy
I’m in Colorado too, what dealership did you work with?

If this is for the Light model (long range or not), it’s a pretty good deal. If it’s for the Wind, that’s an amazing deal.

Jaden said:
If this is for the Light model (long range or not), it’s a pretty good deal. If it’s for the Wind, that’s an amazing deal.

Not the Wind, unfortunately, but the Light Long Range.

@Lane
Very nice. The EV6 is my first electric vehicle and has been great for my family. My partner loves it. We’re doing our first road trip in December, but we tested out the DC fast charging experience beforehand and were really happy with it. Make sure to use the Electrify America charging plan for free charging.

@Jaden
Can you explain the Electrify America experience? I thought that was something Hyundai did only.

Lane said:
@Jaden
Can you explain the Electrify America experience? I thought that was something Hyundai did only.

It’s included with Kia’s experience through their mobile app. They have a coupon that gives the first 1,000 kWh free at Electrify America stations. Here’s a link that explains it a little better:

https://www.electrifyamerica.com/2024-ev6-charge-plan-disclosure/

@Jaden
Awesome, thanks! That’s one of my concerns, since I don’t have home charging and will rely completely on public charging for now.

Lane said:
@Jaden
Awesome, thanks! That’s one of my concerns, since I don’t have home charging and will rely completely on public charging for now.

You’re welcome! For our driving needs, even using a Level 1 charger works fine for us.

Lane said:
@Jaden
Awesome, thanks! That’s one of my concerns, since I don’t have home charging and will rely completely on public charging for now.

If you have any more questions about transitioning to EVs, feel free to ask .

Lane said:
@Jaden
Awesome, thanks! That’s one of my concerns, since I don’t have home charging and will rely completely on public charging for now.

I’m all for EVs, but why are you considering this without home charging? The 1,000 free kWh from Electrify America will cover about 3,500 to 4,000 miles. After that, you’ll rely on public charging, which can be more expensive than gas right now.

Can you charge at work? Or even at home with a regular 120V outlet? That would add about 40 miles overnight. Even if that’s not enough, it would reduce your need for public charging.

Buying an EV without home or work charging requires a bit more planning than just ‘I’ll use public charging’. Have you looked into apps like PlugShare to check where the chargers are, how reliable they are, and how much they cost?

@Sam
My daily commute is 14 miles round trip, but my Outback only gets around 20 mpg due to stop and go driving. We’re hoping to move by summer 2025, and having home charging will be a priority when looking for a new place. There’s an energy co-op nearby that offers free charging, so that, along with the Electrify America credit, should work for me for now. We live on the first floor, so I’m not sure if I could run an extension cord, but I’ll check.

@Lane
The co-op sounds like a great option, with Electrify America as a backup. Have you checked how busy the co-op is yet? The electric co-op near me used to offer free charging, but they started charging a fee. The good thing is, the charging stations aren’t as crowded as they used to be.