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

If you’re looking to lease an EV, there’s a great deal to be had on the 2024 VW ID.4 – 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 – the same price as the Tesla Model Y Long-Range Rear-Wheel Drive.

Through July 1, the 2024 Volkswagen ID.4 is listed at $299 for 36 months with $2,999 due at signing. That’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.4’s payment was $70 a month higher and an additional $1,000 was required at signing. June’s lease price is a 38% increase in savings.

This new price drop makes the ID.4’s effective cost $382 per month across the US – down from $480. That’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 increasing lease cash in June to $11,750 from May’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. 

Click here to find a local dealer that may have the VW ID.4 in stock. –affiliate link

Read more: I put snow tires on my VW ID.4 this winter – here’s how it went


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Avatar for Michelle Lewis Michelle Lewis

Michelle Lewis is a writer and editor on Electrek and an editor on DroneDJ, 9to5Mac, and 9to5Google. She lives in White River Junction, Vermont. She has previously worked for Fast Company, the Guardian, News Deeply, Time, and others. Message Michelle on Twitter or at michelle@9to5mac.com. Check out her personal blog.


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