Kia reveals EV3 lease offer for $349 a month, but there’s a catch — SkimNews

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- Kia launched the 2027 EV3 in the US starting at $29,890 across five trims (Light, Wind, Land, GT-Line, GT), with two battery options delivering 221 or 321 miles of EPA-estimated range.
- Kia is advertising EV3 leases from $349 a month for the Wind FWD with $3,999 due at signing over 24 months, while the Wind AWD lease runs $399 a month under the same terms — the base Light FWD has no lease offer.
- The EV3 Wind FWD carries an effective lease cost of $515 a month, which the source notes is still cheaper than the 2027 Chevy Bolt FWD LT at an effective $561 a month ($419 monthly, $5,119 due, 36-month term).
- Kia is also offering 0.90% APR financing for up to 48 months, and all EV3 trims ship with a standard NACS port enabling Tesla Supercharger access without an adapter.
- The EV3 overtook the Chevy Equinox EV for the title of America's most affordable 315+ mile range EV, delivering up to 321 miles for roughly $35,000.
- Power scales from 201 hp (FWD) to 261 hp (AWD, a $3,200 upgrade) to 288 hp in the $46,000 GT, which uses Kia's exclusive GT design elements.
Why it matters: The $349 headline lease is misleading — once you factor in $3,999 due at signing over 24 months, the EV3 Wind FWD runs $515 a month in real terms. That keeps it under the Chevy Bolt's $561 effective rate but, as a reader comment notes, uncomfortably close to the Hyundai Ioniq 5's current $537 effective rate, meaning Kia may need to cut another $85 a month to move volume.
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