These are the cheapest lease offers and the richest cash-back rebates that can help you celebrate the last holiday of summer behind the wheel of a brand-new ride.
With the days of summer dwindling to a precious few, we expect many Americans will be playing catch-up this Labor Day weekend, celebrating with last-minute picnics, road trips, and family gatherings. Smart consumers, however, will find it an excellent time to go shopping for a new car, truck, or SUV. That’s because automakers are rolling out some meaty incentives as part of their Labor Day sales to help dealers clear out existing 2017 inventory.
That means astute shoppers will be able to take advantage of lease deals with monthly payments as low as $109, or cash rebates as generous as $8,500. We’re featuring the 10 best Labor Day lease deals and cash rebates listed below in alphabetical order, though it’s safe to say you’ll find the majority of all cars and trucks – even some of the industry’s top sellers – being offered with one or more incentives this weekend.
On the downside, bargain hunters might not find a particularly diverse inventory from which to choose among leftover 2017 cars and trucks, which means it may be difficult to find a given model in the color combination and/or with the combination of features you prefer. And keep in mind that only those having top credit scores will qualify for the cut-rate financing programs and discounted lease deals noted below. Also, be aware that some offers, as noted, vary somewhat by region to accommodate local supply/demand issues.
1. Chrysler 300
Buy with up to $5,250 cash back, or up to $3,500 cash back and 0.0% financing for 60 months.
Big cars like the large and in-charge Chrysler 300 are tough sells these days, but a big cash rebate – even better yet a money-saving combination of cash and a zero percent loan – might help persuade shoppers to consider this roomy and comfortable rear/all-wheel-drive sedan instead of a crossover SUV.
2. Honda Fit
Lease for $139 a month for 36 months with $2,399 due at signing.
The subcompact Fit four-door hatchback is a great car for urban singles and empty nesters alike, with solid overall performance, easy parking, and a surprisingly roomy interior, all at an eminently affordable leasing rate.
Buy with up to $6,750 cash back, or 0.0% financing for 60 months.
With the modestly refreshed 2018 versions of this roomy midsize sedan already reaching Hyundai showrooms, the automaker is helping dealers dispose of lingering 2017 Sonatas. The new version is nice, but smart shoppers will have to give the 2017 model a second look, given an automatic $6,750 price reduction (and that’s before the dealer’s discount).
Buy with up to $5,500 cash back, or up to $1,500 cash and 0.0% financing for 60 months (varies by region).
Even though the 2018 version of this compact crossover SUV isn’t expected to undergo a major revision, the remaining 2017 stock is being offered with a generous cash-back rebate to move the metal, which amounts to around a 20% price reduction on base models.
5. Kia Forte
Lease for as low as $109 for 36 months with $1,999 due at signing (varies by region).
This is as low as it goes to lease a competent compact sedan over the Labor Day weekend. The deals vary depending on the market, with those living in or near New York City getting the lowest monthly payments; in other areas, Forte leases range from $119 to $139 a month, with similar down payments, which are still great deals.
6. Kia Optima
Lease for as low as $139 a month for 24 months with $2,904 due at signing (varies by region).
Again, those living in or near New York City get the lowest lease rates on the roomy midsize Optima Sedan, with many other areas of the U.S. being offered a $149/month deal; Southern California residents are facing a higher $189 monthly payment, but with a lower $1,999 due at signing.
Lease for $159 a month for 36 months with $3,399 due at signing.
New for 2017, the compact Rogue Sport is already getting the cut-rate lease treatment to jump-start sales in what’s become a fiercely competitive market segment. If you want a slightly larger version with added amenities, the standard Rogue is leasing for $199 a month for 36 months with $2,749 due at signing.
Buy with up to $8,500 cash back, or 0.0% financing for 60 months.
Here’s another case of a new model that’s already being offered with a generous sales incentive. In this case, it’s the heavy-duty versions of the full-size Titan pickup truck that need a substantial boost to help draw business away from the intensely brand-loyal domestic makes.
9. Ram 1500
Buy with up to $6,000 cash back, or up to $2,250 and 0.0% financing for 75 months (varies by region).
The Ram 1500 full-size pickup truck is the third best-selling vehicle of any kind over the first seven months of 2017, falling just short of the Chevrolet Silverado on the charts. Big money rebates and zero-percent financing deals like those could well help the Ram secure second place next time the numbers are tallied.
10. Volkswagen Jetta
Lease for as low as $119 for 36 months with $3,199 due at signing (varies by region).
This is a terrific deal on the roomy and capable compact Jetta sedan. Some markets get the offer cited above, while others will pay a slightly higher $129 a month (with $3,799 due at signing). That’s mere pocket change to some people.