Automakers are offering holiday incentives to clear inventory for 2027 model-year vehicles. In the first half of 2026, over 463,000 electric vehicles were sold in the US, with Tesla Model Y and Model 3 maintaining the top positions.
Hyundai IONIQ 5 sales grew by 8% in the first half of 2026. For Labor Day, Hyundai offers up to $5,500 off 2026 IONIQ 5 models or 0% APR financing for up to 60 days with 90 days of deferred payments. Leases for the SE Standard Range trim start at $309 per month.
The 2026 Toyota bZ, which ranked fourth in sales during the first half of 2026, is available with leases starting at $439 per month for 36 months. Toyota also offers 1.9% APR financing for 72 months on the model, which features an updated interior and NACS port.
Tesla currently offers Model 3 RWD leases starting at $419 per month and Model Y RWD leases from $499 per month. Both models provide an EPA-estimated range of up to 321 miles.
The 2026 Hyundai IONIQ 9 is available with up to $10,000 in savings or 0% financing for 72 months, plus an additional $3,000 discount. Leasing options for this model start at $369 per month.
Hyundai's promotional offers are valid until September 8, while Toyota's deals remain available through September 30.