Key Takeaways
- 2023 Volkswagen ID.4 available with massive leasing discounts.
- Up to $18,750 off the range-topping Pro S Plus AWD.
- Does not apply to MY2024 ID.4s.
Volkswagen has introduced an appealing incentive for the 2023 ID.4 electric crossover. According to a VW dealer bulletin seen by CarsDirect, the automaker is offering massive discounts on leases, resulting in appealing savings from the original sticker price.
This isn’t just one massive discount but rather several incentives working together. The ID.4 is one of a few electric cars eligible for the $7,500 incentive that the customer receives as a tax credit. At the start of May, Volkswagen also bolstered the Customer Bonus, which is now worth from $5,000 to $10,000, depending on the trim. In April, the incentives were $500 to $5,500.
Various Offers On The 2023 ID.4
The discount varies depending on the model, with more expensive trims receiving bigger price cuts. The base ID.4 gets $12,500 off, while the ID.4 Pro AWD now has total savings of $14,000. If you opt for the Pro S RWD, buyers can expect $15,000 off the price.
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The Pro S AWD and Pro S Plus RWD models receive a total of $16,500 in savings. The most significant discount is reserved for the Pro S Plus AWD, which receives $17,500 off with the Customer Bonus. That represents a 31% discount off the MSRP. A quick look at Volkswagen’s available lease offers shows an $11,250 Customer Bonus for the Pro S Plus AWD. With the $7,500 incentive, this pushes the total savings up to $18,750.
Worth Buying A MY2023 ID.4 Over A MY2024?
It’s worth noting that these discounts are only applicable to MY2023 ID.4 trims, as Volkswagen is presumably looking to clear out the remaining inventory. If you were in the market for an affordable electric crossover, now is a great time to get a great deal on the 2023 ID.4. Volkswagen updated the ID.4 for MY2024, increasing power and improving efficiency for certain models. The range has also increased for several trims, while the interior also benefits from several upgrades, such as a new steering wheel and repositioned shifter.
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If you can live without those improvements, it makes more financial sense to opt for the 2023 ID.4. But if you insist on driving a car from the latest model year, you’d be pleased to know the $7,500 EV Lease Bonus still applies to the 2024 model. The ID.4 has a starting price of $39,735, while the top-spec AWD Pro S has a starting price of $53,875.