Kia Soul Electric Car Lease Best Deals and Tips for 2024

The Kia Soul Electric car lease offers unbeatable value in 2024, with low monthly payments and generous mileage allowances. With federal tax credits often applied directly through leasing programs, driving this eco-friendly EV is more affordable than ever. Smart shoppers can score under $300/month deals by timing their lease during manufacturer promotions.

Key Takeaways

• Compare lease deals: Shop multiple dealers for the best 2024 Kia Soul EV rates.
• Check incentives: Use federal and state EV tax credits to lower lease costs.
• Negotiate terms: Haggle on mileage limits, down payments, and monthly fees.
• Prioritize 2024 models: Newer trims offer better range and tech upgrades.
• Review lease-end options: Understand buyout terms and wear policies upfront.
• Time it right: Year-end and holiday sales often include extra lease discounts.

Why the Kia Soul Electric Car Lease Is Turning Heads in 2024

Picture this: You’re zipping through city streets, the sunroof open, your playlist blasting, and your electric car’s battery still holding strong at 80%. No gas station stops, no engine noise—just smooth, quiet, guilt-free driving. That’s the kind of freedom the Kia Soul electric car lease offers in 2024. As more of us look to shrink our carbon footprints without sacrificing fun, practicality, or affordability, the Kia Soul EV has emerged as a top contender in the compact electric SUV space. But let’s be honest—leasing an electric car can feel like navigating a maze of numbers, incentives, and fine print. Where do you even start?

Whether you’re a first-time EV driver or a seasoned eco-warrior, leasing a Kia Soul EV could be your smartest move this year. With competitive monthly payments, generous federal and state incentives, and a quirky design that turns heads, the Soul EV checks a lot of boxes. But not all lease deals are created equal. In this guide, I’ll walk you through the best Kia Soul electric car lease deals for 2024, share insider tips to save money, and help you avoid common pitfalls. Think of this as your friendly, no-nonsense roadmap to driving away in a fun, efficient, and affordable EV—without getting burned by a bad deal.

What Makes the Kia Soul EV a Smart Lease Choice?

Before we dive into the numbers, let’s talk about why the Kia Soul EV stands out in a crowded EV market. This isn’t just another boxy electric car—it’s a personality-packed, city-friendly ride with real-world benefits. And when it comes to leasing, those perks can translate into serious savings and convenience.

Affordable Entry Point with Premium Features

The Soul EV starts at a competitive price point, especially when you factor in lease incentives. Unlike some luxury EVs that cost as much as a small house, the Soul EV brings premium features—like a 10.25-inch touchscreen, wireless Apple CarPlay/Android Auto, and advanced driver aids—without the premium price tag. For example, the 2024 Soul EV Wind trim includes heated front seats, a sunroof, and adaptive cruise control, all for a monthly lease payment that’s often under $350 in many markets (after incentives).

I recently helped my cousin lease a Soul EV in Denver. She wanted something stylish, efficient, and under $300/month. After factoring in the federal tax credit and Colorado’s $5,000 state rebate, she locked in a 36-month lease at $289/month with $2,500 down. That’s less than her old gas-powered compact SUV!

Improved Range and Charging Flexibility

One of the biggest upgrades in the 2024 Soul EV is its range. The base model now delivers up to 263 miles on a full charge—up from 243 miles in previous years. That’s more than enough for daily commutes and weekend errands. And with DC fast charging capability, you can get 80% charge in about 45 minutes. For urban drivers, this means fewer range anxiety and more flexibility.

Pro tip: If you live in an apartment or condo, check if your building offers Level 2 charging stations. Many complexes now provide them as an amenity, which can save you hundreds on public charging costs. If not, consider installing a home charger—some utility companies offer rebates for EV owners.

Low Maintenance and Predictable Costs

Leasing an EV like the Soul means fewer maintenance headaches. No oil changes, no spark plugs, no exhaust systems. Just occasional tire rotations, brake fluid checks, and cabin air filter swaps. Kia also offers a 10-year/100,000-mile powertrain warranty, which covers the battery and motor—a major plus for lessees who want peace of mind.

Here’s a real-world example: My neighbor leased a Soul EV in 2022 and just renewed for 2024. Over two years, he spent under $200 on maintenance (mostly wiper fluid and tire pressure checks). Compare that to his old Honda, which needed a $1,200 transmission service at 60,000 miles.

Top 2024 Kia Soul Electric Car Lease Deals by Region

Lease deals vary widely depending on where you live, local incentives, and dealer inventory. But some national offers are worth highlighting. Here’s a breakdown of the best Kia Soul electric car lease deals I’ve tracked in early 2024, along with regional variations that can save you even more.

National Lease Offers (Base Models)

Kia’s national lease program for the 2024 Soul EV typically includes:

• 36-month lease term (3 years)
• 10,000–12,000 miles/year (standard for most EVs)
• $2,999–$3,500 due at signing (includes first month, taxes, fees)
• $349–$399/month (before incentives)

For example, in California, the base Soul EV Wind trim is advertised at $349/month with $3,499 due at signing. But wait—there’s more.

Regional Incentives That Slash Your Monthly Payment

This is where things get exciting. Many states and utilities offer EV rebates that can be applied directly to your lease, reducing your monthly payment. Here’s how it works:

• California: $2,000 Clean Fuel Reward + $1,500 Clean Vehicle Rebate (CVRP) = $3,500 off your lease. Final payment: $249/month (after $3,499 down).
• Colorado: $5,000 state rebate (applied as a lease credit). Final payment: $199/month (after $2,500 down).
• New York: $2,000 Drive Clean Rebate + $2,500 federal tax credit (if dealer applies it) = $299/month (after $3,000 down).
• Texas: No state rebate, but Austin Energy offers $1,000 for EV leases. Final payment: $319/month (after $3,200 down).

Note: The federal tax credit (up to $7,500) is now transferable to dealers for leases. This means dealers can use it to lower your upfront costs or monthly payments—but only if they’re willing to apply it. Always ask: “Can you apply the federal EV tax credit to my lease?”

Dealer-Specific Promotions and Inventory Clearance

Dealers often run special promotions to clear out older inventory or meet sales targets. I’ve seen:

• $1,000 dealer discount on 2023 Soul EVs (still under warranty, just older model year).
• Free home charger installation (worth $600–$1,000) if you lease through a partner installer.
• 0% APR for 60 months (if you prefer financing over leasing).

Tip: Visit multiple dealerships in your area. Use tools like Edmunds or Cars.com to compare offers. Don’t be afraid to say, “I’ve seen a better deal elsewhere—can you match it?”

How to Negotiate the Best Kia Soul EV Lease Deal

Negotiating a lease isn’t like buying a car. The process is more nuanced, with multiple levers to pull. But with the right approach, you can save hundreds—even thousands—over the life of your lease.

Understand the Key Lease Terms

Before you sit down with a salesperson, know these terms:

• Money Factor: This is like an interest rate for leases (but expressed as a decimal, e.g., 0.0015). Lower = better. Aim for under 0.002.
• Residual Value: The car’s projected value at lease-end (e.g., 55% of MSRP). Higher residual = lower monthly payments.
• Cap Cost Reduction: The amount you pay upfront to lower your monthly payment. More down = lower monthly, but ties up cash.
• Acquisition Fee: A $600–$1,000 fee charged by the leasing company. Sometimes negotiable.

Example: If the Soul EV has a $35,000 MSRP and a 55% residual, the residual value is $19,250. Your lease payments cover the depreciation between $35,000 and $19,250, plus fees and interest.

Negotiation Strategies That Work

Here’s how to get a better deal:

• Focus on the Money Factor, Not the Monthly Payment: Dealers love to quote low monthly payments but hide high money factors. Ask: “What’s the money factor?” If it’s above 0.002, push for a lower rate.
• Negotiate the Cap Cost: The “cap cost” (capitalized cost) is the price of the car for lease purposes. It should be close to invoice price. Use KBB or NADA to find the invoice price and negotiate from there.
• Ask for Incentives Upfront: Say: “I qualify for the federal tax credit and state rebate. Can you apply them to my lease?” Some dealers apply these as a “lease cash” credit, reducing your down payment.
• Time It Right: Lease deals are often best at the end of the month, quarter, or year (December). Dealers need to hit sales targets and clear inventory.

Real story: A friend leased a Soul EV in Seattle last month. The dealer initially offered $379/month. After he asked about the money factor (0.0025) and negotiated the cap cost down $1,200, he got the payment to $329/month—same down payment.

Avoid These Common Lease Traps

Watch out for:

• Excessive Fees: Some dealers add unnecessary fees (e.g., “document prep” or “delivery” fees). Ask: “Can you waive these?”
• Lowball Residuals: If the residual is below 50%, your payments will be higher. Compare to Kia’s official residual guide.
• Hidden Mileage Charges: Standard leases include 10,000–12,000 miles/year. If you drive more, negotiate a higher limit or buy extra miles upfront (cheaper than overage fees).

Kia Soul EV Lease vs. Buy: Which Is Right for You?

Deciding between leasing and buying is one of the biggest choices you’ll make. Both have pros and cons, and the right answer depends on your lifestyle, budget, and long-term goals.

When Leasing Makes Sense

Leasing is ideal if you:

• Want lower monthly payments (typically 20–30% less than financing).
• Like driving a new car every 2–3 years (no long-term commitment).
• Don’t drive more than 12,000 miles/year (or can buy extra miles).
• Want to avoid depreciation risk (the leasing company takes the hit).
• Plan to upgrade to newer tech (e.g., longer-range batteries) in a few years.

Example: My sister leases because she loves trying new tech. She’ll likely upgrade to the next-gen Soul EV in 2026, which may have 300+ miles of range.

When Buying Is Better

Buying (or financing) is better if you:

• Want to own the car long-term (5+ years).
• Drive more than 15,000 miles/year (leasing overage fees add up fast).
• Want to customize or modify the car (e.g., roof racks, custom wheels).
• Plan to sell or trade it in later (you keep the equity).

Note: The federal tax credit for purchased EVs is $7,500 (if you qualify), but it’s a reimbursement after filing taxes. For leases, the credit is applied upfront by the dealer.

Hybrid Approach: Lease-to-Own

Some dealers offer lease-to-own programs. You lease the car for 3 years, then have the option to buy it at the residual value. This gives you flexibility—if you love the car, you can keep it; if not, you return it.

Tip: Always calculate the total cost of ownership. A $300/month lease over 3 years = $10,800, plus $3,000 down = $13,800 total. If the car’s residual is $18,000, buying it would cost another $18,000—so you’d pay $31,800 total. Compare that to financing a new Soul EV ($28,000 loan over 5 years = ~$500/month).

Real-World Ownership Tips for Kia Soul EV Lessees

Once you’ve signed your Kia Soul electric car lease, the fun begins—but there are a few things you’ll want to know to get the most out of your EV.

Charging 101: Home, Work, and Public Options

Most Soul EV owners charge at home overnight. A Level 2 charger (240V) takes 9–12 hours for a full charge. If you don’t have a garage, check if your apartment or workplace offers charging.

Public charging: Use apps like PlugShare to find nearby stations. The Soul EV works with most networks (ChargePoint, Electrify America, etc.), but check compatibility before you go.

Pro tip: Set your car to pre-condition the battery while charging. This improves efficiency, especially in cold weather.

Maximizing Battery Life

To keep your battery healthy:

• Avoid charging to 100% daily (80% is ideal for longevity).
• Use scheduled charging to avoid peak electricity rates.
• Keep the car plugged in if storing for weeks (prevents battery drain).

Kia’s app lets you monitor battery health and charging remotely—super handy!

Dealing with Winter Range Loss

EVs lose 20–30% range in cold weather. To minimize this:

• Pre-heat the car while it’s still charging (uses grid power, not battery).
• Use seat heaters instead of cabin heat (more efficient).
• Keep the car in a garage if possible.

My cousin in Minnesota saw her range drop from 260 to 190 miles in winter. But with pre-conditioning and seat heaters, she still managed her daily commute.

What to Do at Lease-End

At the end of your 3-year lease, you’ll have three options:

• Return the car: Get a new lease on a newer model (or a different car).
• Buy the car: Pay the residual value (negotiable in some cases).
• Extend the lease: Some dealers allow 6–12 month extensions.

Before returning, get a pre-inspection. Fix minor damage (e.g., dents, stains) to avoid excess wear charges.

Is a Kia Soul Electric Car Lease Right for You in 2024?

Let’s circle back to where we started: The Kia Soul EV isn’t just a car—it’s a statement. It says you care about efficiency, style, and value. And in 2024, leasing one is more accessible than ever. With federal and state incentives, improved range, and a growing charging network, the Soul EV is a compelling choice for urban drivers, eco-conscious families, and anyone tired of gas prices.

But remember: Not every lease deal is a good deal. Do your homework, compare offers, and don’t rush into signing. Ask questions, negotiate the cap cost and money factor, and take advantage of every incentive you qualify for. And if you’re unsure, test-drive the Soul EV for a week. Many dealers offer 7-day trial periods—use them!

Ultimately, the best Kia Soul electric car lease is one that fits your budget, lifestyle, and values. Whether you’re saving $100/month or driving a car that makes your commute fun, the Soul EV delivers. So go ahead—take the plunge. The future of driving is electric, and it’s a lot more fun than you might think.

Data Table: 2024 Kia Soul EV Lease Comparison by Region

Region	Monthly Payment (After Incentives)	Due at Signing	Key Incentives	Best For
California	$249	$3,499	$3,500 (state + federal)	High incentives, urban drivers
Colorado	$199	$2,500	$5,000 state rebate	Best overall deal
New York	$299	$3,000	$4,500 (state + federal)	City commuters
Texas	$319	$3,200	$1,000 (utility rebate)	Budget-conscious drivers
National (no incentives)	$349	$3,500	None	Baseline comparison

Frequently Asked Questions

What are the best Kia Soul Electric car lease deals for 2024?

Top 2024 Kia Soul Electric lease deals often include low down payments (under $3,000) and monthly rates starting around $299, especially with manufacturer incentives. Check local dealers and Kia’s official website for limited-time promotions tied to tax credits or loyalty discounts.

How does a Kia Soul Electric car lease compare to buying?

Leasing a Kia Soul Electric avoids long-term depreciation risks and lets you upgrade every 2-3 years, but buying saves more money over time and avoids mileage limits. Consider your driving habits and tech-upgrade preferences before deciding.

Can I include EV tax credits in a Kia Soul Electric lease?

Yes, most Kia Soul Electric leases pass the federal tax credit (up to $7,500) directly to lessees via reduced monthly payments. Confirm with your dealer, as some states offer additional EV leasing incentives.

What’s the mileage limit on a Kia Soul Electric lease?

Standard Kia Soul Electric lease terms allow 10,000-12,000 miles per year, with fees (typically $0.20-$0.25/mile) for overages. Higher-mileage options may be available for an added cost—ideal for frequent drivers.

Are there any early termination fees for a Kia Soul Electric car lease?

Yes, terminating a Kia Soul Electric lease early usually incurs fees (often 50-80% of remaining payments), but some dealers allow lease transfers to avoid penalties. Review your contract or negotiate flexible terms upfront.

What credit score do I need to qualify for a Kia Soul Electric lease?

Most Kia Soul Electric leases require a credit score of 680+ for the best rates, though some dealers may approve scores as low as 620 with higher monthly payments. Pre-qualifying online helps gauge your eligibility without a hard credit check.