• Nissan’s $99 Ariya lease deal requires $3,329 at signing and is only available in Denver.
  • It’s now much cheaper to lease an Ariya than it is to get a Kia Niro EV or VW ID.4.
  • The base Ariya is powered by a compact 63 kWh battery and has 216 miles of range.

Electric vehicles have yet to reach price parity with traditional ICEs, but some seriously compelling lease deals are available for several EVs across the United States. On paper, one of the most interesting is the 2024 Nissan Ariya, which is advertised at just $99 per month for 36 months. However, that low price comes with a catch: it requires a hefty down payment (which we don’t recommend—more on that below), bringing the real monthly cost closer to $238. Oh, and it’s only available in Denver.

For those looking to drive off in a new Ariya and willing to pay upfront, the entry-level Engage FWD will cost at least $39,590, not including delivery fees. While that’s a reasonable starting price for an electric SUV of this size, leasing can be a better option for many consumers, and that’s where this offer comes in.

Read: We’re Driving The New Nissan Ariya, What Would You Like To Know?

The lease applies to the base Ariya Engage FWD, and while the advertised price is $99 per month for 36 months, that’s with a $3,329 is due at signing. Prospective buyers should keep in mind that putting cash down on a lease is generally not advisable. If the vehicle is totaled or stolen, GAP insurance will cover the remaining balance, meaning you won’t owe anything—but you’ll never see that down payment again.

As Cars Direct notes, with the down-payment factored in, the effective monthly cost rises to $238 per month. That’s still a solid deal, especially when compared to the much smaller and much less practical Fiat 500e, which has an effective cost of $282 per month as part of a new deal. This also makes the Ariya cheaper to lease than the Kia Niro EV available from $336 per month, the Kia EV6 available from $346, and the Volkswagen ID.4 currently advertised from $410 per month.

Another catch is that the Ariya’s $99 deal is only available in Denver and makes use of the $5,000 Colorado Innovative Motor Vehicle Credit bonus, as well as $10,000 in bonus cash, and a $1,000 loyalty bonus. The offer is only available until November 4.

The entry-level Ariya Engage FWD is the only variant offered with a 63 kWh battery pack, whereas all other models have a larger 87 kWh pack. This means the range of the Ariya sits at just 216 miles (347 km) and its electric powertrain delivers 214 hp and 221 lb-ft (300 Nm) of torque. While these aren’t class-leading figures, they’ll be enough for most buyers.

 Sure, You Can Lease The Ariya For $99 A Month… If You’re Cool With Actually Paying $238