Here are 14 new cars and crossovers leasing through the end of October for $159 a month – or even less.
If you’re short on cash, but still have good credit and want to drive a brand-new car for what some people pay for dry cleaning each month, you’ve come to the right place. Though automakers’ end-of-the-model-year clearance sales are winding down, and incentives on fresh 2018 inventories have yet to build beyond nominal amounts, we found more than 40 separate model lines that are leasing between now and Halloween for $199 a month.
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At that, we winnowed down our picks to 14 cars and crossover SUVs being offered with monthly lease payments as cheap as $159 or less. What’s more (or less) the most affordable of the bunch are available nationally for as little as just $109 a month. This month’s best deals include long-running stalwarts like the Honda Civic and Toyota Corolla sedans, and just-introduced models including the Nissan Rogue Sport and Toyota C-HR crossover SUVs.
As always, be aware that new-car leasing is not for everyone. Click here for a full review of leasing’s merits and pitfalls. And keep in mind that as with a conventional purchase, every aspect of a new-car lease is negotiable, including the vehicle’s transaction price. The lower a car’s transaction price, the lower its monthly payment or down payment will be. Click here for tips on how to get the best price on a new car.
All prices quoted are for base-model vehicles without options or required fees, and are generally limited to consumers having top credit scores. We’ve noted where specific lease offers vary by region and give a range of available monthly- and/or down payments. Automakers frequently fine-tune their incentives for specific parts of the country based on local supply and demand issues, so be sure to enter your zip code on the “Special Offers” section of automakers’ websites to see what’s being offered where you live.
$159 a month for 36 months with $2,999-$3,599 due at signing (varies by region).
The Rogue Sport debuted for 2017 as a slightly smaller and less-costly alternative to the compact Rogue; it’s fairly basic but should meet many buyers’ needs.
13. 2017 Kia Soul
$159 a month for 36 months with $2,676 due at signing.
The Soul offers a truly roomer cabin with SUV-like practicality, but at a subcompact-car price. If you can afford a higher payment, the Soul can be fitted with a potent turbo-four engine and a long list of luxury-car features.
12. 2017 Ford Fiesta
$155 a month for 39 months with $2,254 due at signing.
The subcompact Fiesta is feisty and fun, provided you don’t require much in the way of rear seat or cargo room.
11. 2017 Ford Focus
$147 a month for 39 months with $2,697 due at signing.
The compact Focus is larger, yet costs no more than the Fiesta noted above, which indicates there’s more lingering on dealers’ lots that need to find buyers before winter’s chill sets in.
$149 a month for 36 months with $2,699 due at signing.
This is the equivalent of pocket change to drive one of the industry’s best cars, in either four-door or the sleeker-looking two-door models. Want added practicality? The 2017 Civic Hatchback is leasing for $169 a month with $2,999 due at signing.
$139-$199 for 36 months with $2,699-$2,399 due at signing (varies by region).
Toyota just released this expressively styled subcompact SUV as an answer to Nissan’s Juke, and though it’s not as sporty to drive, it does stand out in a crowded parking lot.
$139 a month for 36 months with $4,299 due at signing, plus $1,000 cash back.
Note that the cash back offer here comes in the form of a check the lessee receives by mail, or so says the fine print. We’ve also seen a variation being offered in the New York region with the Jetta going for $109 a month with $2,599 down, but with the $1,000 cash being applied directly to the deal instead.
$139 a month for 36 months with $2,399 due at signing.
Some might suggest the Fit hatchback is the best subcompact car on the market, with peppy performance and a roomy interior that affords surprising cargo-carrying flexibility.
$139-$189 for 24 months with $2,903-$1,899 due at signing (varies by region).
Especially if you live near New York city or wherever else the lowest payment listed here can be found, the roomy and capable midsize five-passenger Optima sedan is perhaps pound-for-pound the best bargain on this month’s best deals list.
$139-$159 for 36 months with $1,899-$1,999 due at signing (varies by region).
Toyota tweaks the deals on the popular Corolla sedan a bit by region, but it’s great basic transportation at a great price.
$139 a month for 36 months with $1,999 due at signing.
The Honda Fit listed above may be more practical.and the Corolla roomier, but the Toyota (formerly Scion) iA subcompact sedan is way more fun to drive than either of them, with a truly sporty demeanor; it comes well-equipped with a nicely finished interior.
$109-$149 a month for 36 months with $2,299-$2,599 due at signing (varies by region).
That’s a pretty wide range of prices by region, so it might pay to check neighboring states to see if you can get the best deal if you’re looking to lease Nissan’s compact sedan.
$109-$139 for 36 months with $2,684-$1,999 due at signing (varies by region).
Here’s another small-sedan deal that varies depending on where you live, but either way it’s a great way to drive a handsome new car for a couple of bucks a day.
$109 for 36 months with $1,999 due at signing.
Once again the diminutive two-seat ForTwo is the rock-bottom cheapest car to lease in the U.S. Its days are numbered, however, as the gasoline-powered versions are being dropped for 2018, with the brand becoming limited to the battery-powered Electric Drive coupe (which, by the way, is being offered for $139 a month for 36 months with $1,433 due at signing).