Worst Lease Deals July 2026: Kona Electric Bottoms Out

Last updated: July 8, 2026, updated monthly directly from manufacturer websites

Part of our monthly best lease deals coverage. See all vehicle types ranked.

We track 188 manufacturer lease offers this July, and 46 of them, roughly a quarter of the market, land in walk-away territory at 1.5% LVR or worse. This page exists so you know exactly which deals to avoid before you walk into a dealership.

The 2025 Hyundai Kona Electric holds the single worst spot in the entire database this month at 2.96% LVR, up from 2.90% in June. Every deal below is ranked using the same Lease Value Ratio we use everywhere else on this site: your monthly payment plus due at signing spread across the term, divided by the sticker price. Higher means worse.

We track every advertised lease offer each month specifically to flag the ones you should avoid, not just the ones worth taking.
Key takeaways for July 2026
  • 46 of 188 tracked lease deals, about 24%, are in walk-away territory at 1.5% LVR or worse this month
  • The 2025 Hyundai Kona Electric is the single worst lease in the entire database at 2.96% LVR, worse than June’s 2.90%
  • The GMC Sierra 2500HD is the worst truck lease at 2.06%, and the worst overall gas vehicle on the list
  • The Mitsubishi Eclipse Cross at 1.95% is more than double the LVR of its own Outlander PHEV sibling, which leads the SUV lease rankings this month

The 3 worst lease deals this month

Every deal below is genuinely bad value, not just below average. Steer clear of these regardless of how appealing the monthly payment looks.

#1 Worst Lease Deal
2025 Hyundai Kona Electric EV / Plug-in hybrid 2.96% LVR
Monthly
$815
At signing
$4,605
Term
24 months
Sticker
$34,050
Total cost
$24,165

The worst lease deal in the entire database again this month, and it got worse: 2.96% LVR, up from 2.90% in June. $815/month on a $34,050 EV is not competitive on any measure. The regular gas Kona and the Hyundai Ioniq 6 are both dramatically better options if you want a Hyundai in this size class.

#2 Worst Lease Deal
2026 GMC Sierra 2500HD 2.06% LVR
Monthly
$799
At signing
$7,869
Term
36 months
Sticker
$49,295
Total cost
$36,633

The worst gas vehicle lease and the worst truck on the entire list. Heavy-duty trucks rarely make sense to lease, and this month is no exception. The Chevrolet Silverado 1500 at 1.15% LVR is a completely different tier if you need a full-size truck.

#3 Worst Lease Deal
2026 Mitsubishi Eclipse Cross 1.95% LVR
Monthly
$426
At signing
$4,425
Term
39 months
Sticker
$27,655
Total cost
$21,039

The same brand that has the Outlander PHEV leading the SUV lease rankings this month at 0.96% offers the Eclipse Cross at more than double that ratio. Same manufacturer, wildly different result. If you’re shopping Mitsubishi this month, there is only one deal worth taking.

A note from me, personally.

I get asked constantly why we bother publishing a “worst deals” page. The honest answer is that dealers rarely lead with these numbers, and a $426/month payment on the Eclipse Cross sounds perfectly reasonable if you don’t know what the same brand offers on a better vehicle a few feet away on the lot.

Every deal on this page is technically real. Manufacturers do advertise these terms. But real and good are different things, and my job is to tell you which is which before you sign anything.

Worst lease deals by category

The weakest deals in each major category this month, so you know what to avoid regardless of what type of vehicle you’re shopping for.

Worst EV / Electrified Leases
2025 Hyundai Kona Electric EV / Plug-in hybrid 2.96% LVR

$815/month, $4,605 at signing, 24 months, on a $34,050 vehicle. The worst EV lease and the worst deal overall this month.

2026 Nissan Leaf EV / Plug-in hybrid 1.82% LVR

$469/month, $3,649 at signing, on a 48-month term. The long term is doing most of the damage here on a $29,990 vehicle.

2026 Mercedes-Benz EQE Sedan EV / Plug-in hybrid 1.56% LVR

$859/month, $6,333 at signing, on a $66,200 luxury EV sedan. Mercedes-Benz has no competitive EV lease left this month.

Worst Luxury Leases
2026 Porsche Macan 1.87% LVR

$999/month, $8,209 at signing, on a $64,600 vehicle. The Lexus NX 450h+ at 1.07% delivers a comparable premium experience for a fraction of the ratio.

2026 Land Rover Defender 1.73% LVR

$879/month, $7,995 at signing, on a $63,500 vehicle. Every Land Rover model this month sits at 1.39% or worse.

2026 BMW X2 1.71% LVR

$609/month, $5,409 at signing. BMW’s weakest lease deal this month by a wide margin compared to the rest of its lineup.

Worst SUV Leases
2025 Hyundai Kona Electric EV / Plug-in hybrid 2.96% LVR

The worst SUV lease and the worst deal overall. See the EV section above for details.

2026 Mitsubishi Eclipse Cross 1.95% LVR

$426/month, $4,425 at signing, on a 39-month term. See the top 3 section above for the full comparison against the Outlander PHEV.

2026 Volkswagen Golf GTI 1.8% LVR

$499/month, $4,499 at signing, on a $34,590 vehicle. A weak result for a vehicle that is often cross-shopped against better-supported compact SUVs.

Worst Truck Leases
2026 GMC Sierra 2500HD 2.06% LVR

The worst truck and the worst gas vehicle on the entire list. See the top 3 section above for the full detail.

2026 Nissan Frontier 1.59% LVR

$389/month, $4,359 at signing, on a $32,150 mid-size truck. Worth noting: the Frontier is actually the best truck finance deal at 18.81% score this month, so financing is clearly the better path if you want this specific vehicle.

2026 Ford Maverick 1.56% LVR

$399/month, just $1,398 at signing. The low upfront looks appealing, but the ratio still lands in walk-away territory on a $28,145 truck.

Worst Sedan Leases
2026 Nissan Leaf EV / Plug-in hybrid 1.82% LVR

The worst sedan and worst hatchback-style lease this month. See the EV section above for full detail.

2026 Hyundai Elantra N 1.64% LVR

$482/month, $3,362 at signing, on a $35,100 performance sedan. The standard Elantra at 1.26% is a dramatically better ratio if you don’t need the N’s performance upgrades.

2026 Kia K5 1.55% LVR

$289/month, $3,499 at signing, on a $24,990 sedan. Walk-away territory despite the modest monthly payment.

Don’t let a low monthly payment be the only thing you check

Every deal on this page has a payment that looks reasonable in isolation. Use our tool to see what a fair price actually looks like before you sign.

Check dealer prices near you

The 50 worst lease deals this month

Every deal on this list scores worse than the market median. Ranked from worst to least-bad. Click any column to sort.

#
Vehicle
Monthly
At signing
Term
Sticker
Total cost
Value ratio

Sourced from manufacturer websites July 8, 2026. Ranked worst to least-bad by Lease Value Ratio. Offers vary by region and credit score.

Frequently asked questions

In July 2026, the worst lease deal in our database is the 2025 Hyundai Kona Electric at 2.96% LVR: $815/month with $4,605 due at signing over 24 months on a $34,050 vehicle. This is worse than June’s already-poor 2.90% for the same vehicle.
46 of the 188 lease deals we track this July, roughly 24%, fall into walk-away territory at 1.5% LVR or worse. That means about one in four advertised lease offers this month is not worth taking regardless of how the monthly payment looks on its own.
Manufacturers set lease incentives model by model, not brand-wide. Mitsubishi is aggressively supporting the Outlander PHEV this month, likely to move inventory or hit a sales target, while the Eclipse Cross receives no comparable support. The same pattern shows up across other brands too. Always check the specific model, not just the manufacturer, before assuming a good deal on one vehicle means a good deal on a related one.
Occasionally, if you have a strong personal reason to want that exact vehicle and no better alternative exists. But go in with your eyes open: negotiate the vehicle price hard before accepting any of these terms, and calculate the adjusted monthly cost yourself rather than trusting the advertised payment. In most cases a better-supported vehicle in the same category, sometimes from the very same manufacturer, is available this same month.
Sometimes. The Nissan Frontier is a clear example this month: it is one of the worst truck leases at 1.59% LVR, but it is also the best truck finance deal in our rankings at 18.81% score. Always check both our lease and finance pages for the specific vehicle you want before assuming leasing is your only option.

These offers may vary based on location, credit score, and financing terms, and are not guaranteed. Use our free service to check discount car prices to get the best prices that include current manufacturer offers and incentives.