Is the end of the year the best time to buy a vehicle? With some older EV models piling up on the lot, you might be able to score some extra savings.
Best year-end EV deals to look out for
A record 438,487 electric vehicles were sold in the US in the third quarter, according to Kelley Blue Book, beating the previous high set in Q4 2024 by nearly 20%.
The surge in demand was mainly due to buyers rushing to lock in the $7,500 federal tax credit before it expired at the end of September.
In November, weaker EV demand than in prior months led to vehicles sitting on dealer lots for much longer. New electric vehicle days’ supply rose to 149 days in November, up 80% from October, with Toyota, Volkswagen, and Hyundai having the highest inventory.
A recent iSeeCars study shows the 2025 models with the highest inventory levels include the BMW i4, Porsche Macan Electric, Volkswagen ID.4, Cadillac Escalade IQ, and Genesis Electrified GV70.
| Rank | Model | % of 2025 Inventory | Average Price |
| 1 | BMW i4 | 89.2% | $67,745 |
| 2 | Porsche Macan Electric | 67.8% | $106,947 |
| 3 | Volkswagen ID.4 | 59.1% | $51,356 |
| 4 | Cadillac Escalade IQ | 47.8% | $141,285 |
| 5 | Genesis Electrified GV70 | 37.2% | $67,491 |
| 6 | Genesis GV60 | 35.3% | $57,764 |
| 7 | Honda Prologue | 34.1% | $55,473 |
| 8 | Mercedes-Benz EQE SUV | 30.9% | $83,552 |
| 9 | Cadillac Lyriq | 30.6% | $66,547 |
| 10 | GMC Hummer EV | 30.2% | $101,853 |
| 11 | Chevrolet Blazer EV | 26.4% | $51,331 |
| 12 | Volvo EX30 | 25.4% | $48,026 |
| New 2025 EV Average | 18.7% | $63,639 |
What does this mean for buyers? With dealers looking to unload inventory, you might be able to score some extra savings.
“With the federal EV incentive gone, dealers have to be even more flexible on their electric vehicle pricing. This is particularly true for EVs that have a high percentage of 2025 model year inventory,” iSeeCar executive analyst Karl Brauer explained.
Many automakers are already heavily discounting older models to make up for the loss of the $7,500 tax credit and to prepare for the new 2026 model year.
BMW is promoting 2025 i4 eDrive40 leases for as low as $399 per month with $4,999 due at signing and 0% APR financing for up to 48 months, plus a $7,500 purchase credit and a $2,000 loyalty bonus.
And it’s not just the luxury EVs. Honda is offering nearly $17,000 in combined savings on the 2025 Prologue. Kia is knocking over $10,000 off its entire EV lineup, including the EV9, EV6, and Niro EV.
The 2025 Hyundai IONIQ 5 is listed for lease starting at just $189 a month, making it one of the most affordable vehicles (EV or gas-powered) you can get your hands on.
Most year-end deals, including those from BMW, Hyundai, and Kia, are available until January 2, 2026. Some offers may vary by region.
If you’re interested in seeing what electric vehicle deals are available in your area or scheduling a test drive, check out the links below.
Find EV deals near you:
- Kia EV9
- Kia EV6
- Kia Niro EV
- Genesis GV60
- Genesis Electrified GV70
- Hyundai IONIQ 5
- Hyundai IONIQ 6
- Hyundai IONIQ 9
- BMW i4
- Porsche Macan
- Volkswagen ID.4
- Cadillac Escalade IQ
- Honda Prologue
- Mercedes-Benz EQE
- Cadillac Lyriq
- GMC Hummer EV
- Chevrolet Blazer EV
- Volvo EX30
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