- The current leasing deal for the electric hatchback includes a $2,999 fee due at signing.
- While cheap, the 500e’s small size doesn’t make it particularly practical.
People are not buying the Fiat 500e. Stellantis recently extended a production halt on their small EV and won’t start building them until November 1 due to sluggish demand. However, could now be the time to sign on the dotted line to lease a 500e in the US?
The 2024 500e can be leased for as little as $199 for 36 months, with $2,999 due at signing. Factoring in that upfront payment, this tallies out to an effective cost of $282 per month with a mileage cap of 7,500 miles per year. That’s significantly cheaper than a previous leasing deal that required $4,259 at signing on top of a $319 monthly fee.
Read: Fiat Still Can’t Sell The 500e, Extends EV’s Production Halt
Cars Direct notes this makes the 500e significantly cheaper to lease than America’s cheapest new car, the Nissan Versa.
While some may be tempted to bite the bullet and add the Fiat 500e to their garage, it’s worth noting the cute EV is only a two-door, and while it does have rear seats, they are extraordinarily small. But, if you’re after a cheap city runabout that’s stylish and cheap to run, it’s a tempting proposition.
This isn’t the cheapest lease we’ve seen for a new EV in the US this year. In March, Hyundai launched an incredible leasing deal for the Ioniq 6, which made it the cheapest new car to lease in the country. For a short period, it could be secured for just $239 per month for 24 months, with a measly $239 due at signing. Unfortunately, this deal is no longer available, but it’s possible Hyundai may slash lease prices for the Ioniq 6 next year as it prepares to launch the facelifted 2026 model.
