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- As the market changes, automakers are offering deep discounts on new electric vehicles.
- Toyota is offering up to $7,000 in cash or lease for the 2026 bZ electric crossover SUV.
- Other notable deals include up to $10,000 in cash back on a 2025 Kia EV6 and up to $8,000 in cash back on a 2026 Honda Prologue.
Car buyers could buy or lease the new 2026 Toyota bZ electric crossover SUV for around $30,000 as the Japanese automaker moves aggressively to discount EVs as other automakers rapidly exit the sector.
Toyota said in a post on its website that car buyers can withdraw $5,000 in cash from the purchase price of a new bZ, which starts at $34,900. Toyota said it would also offer $7,000 in cash in lease payments for the same vehicle. Offer valid until March 31st.
The deal comes as Toyota shakes off long-standing environmental criticism over its reliance on hybrids rather than fully electric vehicles by announcing four new electric models, including the all-electric Highlander SUV, which the company says will go on sale in 2027.
This also comes as some of Toyota’s major competitors are killing off their slow-selling EV models.
With this in mind, the USA TODAY Cars team scoured automaker and auto dealer websites to compile a list of five EV models that are great deals right now.
1. 2025 will be EV6
Kia is offering customers $10,000 in cash toward the purchase of a new 2025 EV6. The Korean automaker will also be offering an additional $1,500 cash on select trims. EV6 prices start at $42,900.
2. 2026 Honda Prologue
Honda is offering $8,000 to lease, finance purchase or cash sale for the new 2026 Prologue EV. Vehicle prices start at $47,400.
3. 2025 Volkswagen ID.4
Volkswagen is offering $7,500 towards the purchase or lease of a new 2025 ID.4 EV. Vehicle prices start at $45,095.
4. 2026 Hyundai Ioniq 9
Hyundai is currently offering 0% APR for up to 72 months, no payments for 90 days, and a low APR bonus of $3,000 on the new Hyundai Ioniq EV. The MSRP for this vehicle is $60,555
5. 2026 Subaru Solterra
Subaru is currently offering a $2,000 customer cash rebate on the 2026 Solterra EV. Prices for this vehicle start at $38,495.
