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Buried in negative equity? These EV deals can help get you out of that gas guzzler

The biggest obstacle to buying an EV isn’t always range anxiety, it’s the negative equity on their current car loan. If that’s you, don’t worry – these EVs have enough cash on the hood to help dig you out from under that gas guzzler.​The biggest obstacle to buying an EV isn’t always range anxiety, it’s the negative equity on their current car loan. If that’s you, don’t worry – these EVs have enough cash on the hood to help dig you out from under that gas guzzler. 

The biggest obstacle to buying an EV isn’t always range anxiety, it’s the negative equity on their current car loan. If that’s you, don’t worry – these EVs have enough cash on the hood to help dig you out from under that gas guzzler.

Cynics will point at cars with lots of cash on the hood and claim they mean the vehicle isn’t selling, but that just exposes them for the industry noobs they are. Manufacturer rebates are powerful financial tools that helps dealers overcome obstacles like negative equity, poor credit, and down payment requirements.

So if you’re dealing with any of the above, but still hope to slide behind the wheel of a new EV before gas climbs even higher, pay attention: these EVs could get you behind the wheel of a new electric ride even sooner than you think!


Ford-pre-owned-EVs-Amazon
F-150 Lightning; by Ford.

Ford F-150 Lightning is a quick, comfortable, and capable half-ton pickup with proven V2X and V2H capabilities – and now, with $9,000 of Retail Incentive cash on the hood even before you start negotiating with your dealer, buyers can drive one home for a lot less than they might think.

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Honda Prologue EV prices
Prologue Elite AWD in Snowfall Pearl; by Honda.

The very much still a thing Honda Prologue is a capable, five-passenger crossover with plenty of room to haul people and things up to 308 miles on a single charge of its 85 kWh GM Ultium-based battery (294 or 283 miles in EX and Elite AWD models, respectively).

Despite being a solid product, sales of the Prologue have slowed down as news that the Japanese brand was canceling its EVs confused the public into believing these were going away, too. Honda dealers will be hoping to revive their Prologue sales fast thanks to a $7,500 Sales Credit than can be paired with $2,000 in Honda Loyalty or Conquest cash.


Jeep's-electric-SUV-dirty
Jeep Wagoneer S; via Stellantis.

With some dealers advertising massive discounts, the Jeep Wagoneer S could be an electric diamond in the rough. This high-riding crossover rides on a lifted version of the same Stellantis platform as the Dodge Charger, and seems more than ready to deliver both solid range and rapid on-road performance.

Jeep is offering up to $8,250 in Total Bonus Cash Allowances on remaining 2025 models – and remember: that’s before you start negotiating with the dealer.


Kia-recall-EV9
EV9; via Kia.

I’ve been seeing Kia’s excellent, hot-selling tree-row electric SUV all over the Chicago suburbs, lately — and it’s no wonder why. In addition to being a great car, the Kia EV9 has some of the most aggressive customer incentives in the business, with up to $14,100 in lease cash and $10,000 in customer cash on conventional financing deals.

Get used to seeing these around, in other words. If not in your own driveway, certainly in some of your neighbors’!


2025 eSprinter; by Mercedes-Benz.

Mercedes’ Sprinter vans redefined America’s commercial vehicle market when they arrived on US shores 25 years ago, and they remain among the best in the business – but high prices and relatively low range on the electric eSprinter have kept the battery-powered vans parked on dealer lots for much longer than they’d prefer.

That may be about to change, however, thanks to $20,000 in Customer Cash on the hood plus 0% APR Financing up to 60 months on offer now through June 30th.


2025 Mercedes-Maybach EQS 680 Rebate Deal
Mercedes-Maybach EQS.

All 2026 MY Mercedes-Maybach EQS models are carrying a massive discount this month. It’s called the Mercedes Incentive Bonus, and it’s worth up to $27,000 with conquest and loyalty rewards when buying or leasing the big luxo-cruiser.

Inside, there’s a 12.3″ digital instrument cluster, 17.7″ OLED touchscreen central multimedia display, another 12.3″ OLED MBUX Hyperscreen display for the front passenger. Both front seats get rapid-heating and cooling front massaging seats so drivers don’t get too sweaty, soft closing doors, power side-window sunshades for added privacy, illuminated running boards, and a 64-color choice of interior mood lighting – plus a mini fridge!


Polestar 3
Polestar 3; by Polestar.

Polestar’s sporty 3 crossover is still a relatively rare sight on US roads, but the company is hoping its aggressive $18,000 Clean Vehicle Incentive program plus $2,000 Clarity Conquest Credit can help change that.

Single Motor 2WD versions of the Polestar 3 offer up to 350 miles of range while the top-shelf Dual Motor with Performance Pack AWD versions offer “just” 279 miles, but compensate for that reduced range with 517 peak hp, 671 lb-ft of TQ, and a supercar-baiting 0-60 mph sprint that takes less than 4.5 seconds.


Volvo EX90 electric SUV; by Volvo Cars.

Yes, the new-for-2025 EX90 was plagued with software gremlins when it launched, but those seem to have been largely ironed out with the free factory ECU upgrade offered to early 2025 buyers as compensation. With that, the super safety-focused SUV charges faster, drives farther, and handles its Google-based infotainment package better than ever, while offering Volvo’s excellent fit-and-finish, interior materials, and ergonomics.

Through June 30th, Volvo is offering EX90 Twin Plus model buyers $7,500 cash back plus $500 in owner loyalty cash if you have or trade in another Volvo.

Disclaimer: the vehicle models and financing deals above were sourced from sites like CarsDirect or CarEdge or the OEM websites – and were current as of 14JUN2026. These deals may not be available in every market, with every discount, or for every buyer (the standard “with approved credit” fine print should be considered implied).

Check with your local dealer(s) for more information.


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