The VW ID.4 lease price is now the same as the Tesla Model Y

If youโ€™re looking to lease an EV, thereโ€™s a great deal to be had on the 2024 VW ID.4 โ€“ Volkswagen cut lease pricing by almost $100 a month.

CarsDirect reports that according to the latest incentive data, the 2024 VW ID.4 Standard and RWD S can be leased for as little as $299 โ€“ the same price as the Tesla Model Y Long-Range Rear-Wheel Drive.

Through July 1, theย 2024 Volkswagen ID.4ย is listed at $299 for 36 months with $2,999 due at signing. Thatโ€™s based on an MSRP of $39,735 with destination for the base model and 10,000 miles a year.

A month ago, the ID.4โ€™s payment was $70 a month higher and an additional $1,000 was required at signing. Juneโ€™s lease price is a 38% increase in savings.

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This new price drop makes the ID.4โ€™s effective cost $382 per month across the US โ€“ down from $480. Thatโ€™s a price cut of $98 per month, putting the ID.4 in the lead for best EV lease deals. CarsDirect points out that this is the result of VW increasingย lease cashย in June to $11,750 from Mayโ€™s $8,500 on both the Standard and rear-wheel drive S.

ID.4 discounts vary based on the trim level, with the biggest discount worth $12,500 on the Pro S AWD.ย 

Click here to find a local dealer that may have the VW ID.4 in stock.ย โ€“affiliate link

Read more: I put snow tires on my VW ID.4 this winter โ€“ hereโ€™s how it went


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