As new electric vehicles hit the market, discounts continue to pile up as automakers scramble for sales. According to a new study, EVs are popular in Motors.com currently the Ford F-150 Lightning, Mustang Mach-E, and Kia EV9, all of which have big incentives this month.
Using its extensive database of search data for used cars for sale, Motors.com featured a list of the most popular EVs on its site.
According to the data, Ford's all-electric pickup truck F-150 Lightning was the top-searched EV. The Lightning was followed by an electric crossover SUV, the Mustang Mach-E.
Ford is offering significant discounts in August as it looks to clear things up. 2024 F-150 Lightning and Mustang Mach-E qualify for 0% APR. In addition, Ford is offering $1,500 in Conquest Cash for Tesla drivers.
However, the Tesla Competitive Conquest bonus is ending soon. On Ford's website, the offer says it must be delivered by September 30.
The 2024 F-150 Lightning is offered at 0% APR for 60 months, in addition to $1,000 Customer Finance and a $1,000 bonus offer.
Ford says the 2024 F-150 Lightning XLT Standard Range Battery can be leased for $335 for 36 months, with a $6,344 down payment.
The 2024 Ford Mustang Mach-E is available with 0% APR for 72 months and $750 in customer financing. Ford lists the 2024 Mustang Mach-E Extended Battery Lease for $334 for 36 months, with a $5,523 down payment.
The Kia EV9, Chevy's new electric SUV, tops the five
It makes sense that Ford's Lightning and Mach-E are the most popular EVs, but Cars.com is seeing more searches for new electric models from Kia and GM's Chevrolet.
Kia's EV9 was the third most searched EV on the site as one of the few three-row electric SUVs on the market. Like Ford, Kia is offering big incentives for the EV9.
In accordance with Motor IntelligenceKia's EV9 was among the most discounted EVs last month, with an average profit of $19,703.
Kia's EV9 is off to a hot start in the US, with nearly 14,000 models sold in August. Starting at $54,900, it's hard to pass up.
Like Ford, Kia is also offering a Tesla Conquest rebate of up to $1,500. With a $7,500 lease credit, Kia's EV9 can be purchased for up to $9,000 off. If you finance with Kia, you may also qualify for 0% APR for 72 months.
EVs are very popular on Cars.com | Starting Price |
2024 Ford F-150 Lightning | $62,995 |
2024 Ford Mustang Mach-E | $39,995 |
2024 Kia EV9 | $54,900 |
2024 Chevrolet Equinox EV | $47,095 |
2024 Chevrolet Blazer EV | $41,900 |
Kia lists the 2024 EV9 Light Long Range RWD model at $349 for 23 months, with a $4,999 down payment.
Chevy's new Equinox and Blazer EVs rounded out the top five. Both electric SUVs are eligible for a $7,500 EV tax credit. The 2024 Chevy Equinox EV is available with a $1,500 Cash Allowance for competing owners and lessors.
The 2024 Chevy Equinox EV FWD 2LT lists for $299 for 24 months, plus $3,169 at signing (after offers).
Chevy lists the 2024 Blazer EV LT eAWD at $369 for 24 months, plus $3,139 at signing (after offers).
Ready to take advantage of the savings? We can help you find deals in your area. You can use our links below to view offers on popular Ford, Kia, and Chevy EVs at a dealer near you.
FTC: We use auto affiliate links to earn income. More.