As Toyota prepares to launch its latest electric SUV in dealerships later this year, the automaker has introduced clearance pricing on select older models. Are you considering a deal on the Toyota bZ4X, but wondering if the price drop is worth it?
Toyota’s innovative bZ4X electric SUV is now more accessible than ever, boasting a whopping $19,000 discount on lease prices.
Recently, Toyota introduced the 2026 bZ, a revamped version of its predecessor, the bZ4X. With production of the RAV4 Prime set to cease in March 2023, Toyota appears to be in a hurry to clear out inventory of its outgoing plug-in hybrid electric vehicle.
Toyota currently offers a generous lease incentive of $19,000 on its 2024 bZ4X model. The feature is available on all four trim levels. Despite the initial success, the promotion’s validity ends on June 2, 2025. Consider a 0% APR financing option with a complementary $2,500 cash bonus.
The all-new 2025 Toyota bZ4X is now available for lease, featuring a substantial $10,000 incentive. Similar to the 2024 model, this offer is also available with 0% APR financing and a $2,500 cash rebate.
While the 2025 bZ4X’s lease pricing may seem competitive at $269 per month, is it truly a value proposition or just clever marketing? Toyota achieved a significant cost reduction of up to $6,000 for the 2025 model year, which could potentially balance out the value proposition; nevertheless, several factors warrant consideration.
Toyota’s forthcoming “bZ” electric SUV, set to hit dealership floors later this year, touts a significant boost in range, boasting up to 314 miles of driving distance – an impressive 25% increase from previous models. The out-going bZ4X is rated for as much as 252 miles of electric range.
The Long Range model offers enhanced performance, accelerated charging capabilities, a refined interior and exterior aesthetic, and a built-in NACS port, seamlessly integrating with Tesla’s vast Supercharger network. In harmony with Toyota’s standards, the newly introduced title is more intuitive and easily recognizable by customers.
| (excluding $1,395 DPH payment) | (vs 2024MY) | (mi) | |
| XLE FWD | $37,070 | -$6,000 | 252 |
| XLE AWD | $39,150 | -$6,000 | 228 |
| Restricted FWD | $41,800 | -$5,380 | 236 |
| Restricted AWD | $43,880 | -$5,380 | 222 |
| Nightshade | $40,420 | N/A | 222 |
The base model is priced at $36,000 with a single motor, front-wheel drive and basic amenities like cloth seats. The all-wheel-drive version costs an additional $2,000.
For those searching for an equivalent electric SUV, the 2025 Hyundai IONIQ 5, Honda’s forthcoming Prologue, and Chevrolet’s available Equinox EV are currently in the market.
Hyundai now offers the 2025 IONIQ 5, which can be leased for as low as $209 per month and features a convenient built-in Tesla NACS charging port.
Leasing options are available for the 2025 Honda Prologue, starting at $259 per month, while the 2025 Chevrolet Equinox EV can be leased from $289 per month, offering a more affordable entry point for eco-friendly drivers.
