This month there are just a few car makes and models with special car lease deals being offered with no money down. That’s $0 due at lease signing — not even the first month’s payment.
These are often called “sign and drive” leases. Lexus has the most no-money-down leases right now followed by Volkswagen and Mazda. Check this page often because zero down leases come and go frequently.
Most zero-down lease deals allow 12,000 miles per year with the exception of those from Lexus which allow 10,000 per year. Honda actually offers their leases both ways — with a down payment, which makes for a lower monthly payment, and without a down payment.
Actually, almost any car lease can be had with or without a down payment, but you may not be able to get special promotional deals without money down unless the deal specifically makes that offer. All the promotional deals listed below do make the offer. Making no down payment doesn’t change the value of the deal. However, since you are not pre-paying some of your financed lease amount, your payments will be a bit higher.
The deals listed here from Lexus and Mazda end January 1, 2017. However, Volkswagen deals will end November 30, 2016. Here are the current (November 2016) $0 down sign-and-drive lease deals, listed in alphabetical order:
|2016||Lexus||IS 350 F Sport||36||439|
|2017||Lexus||IS 350 F Sport||36||509|
|2017||Lexus||RX Hybrid AWD||36||629|
|2017||Lexus||RC 350 F Sport||36||629|
If you don’t understand how car leasing works, or how to determine if you are a good leasing candidate, please visit our sister web site, LeaseGuide.com. You will find all the information, advice, calculators, and tips you’ll need to be able to lease a car with full confidence.
Also know that these special lease deals require a good credit score. If you don’t know your most recent FICO credit score, you should get it. What’s your FICO score? Find out now when you check your credit report for $1 at Experian.com! Don’t let car dealers know more about your credit than you know yourself.
Whether you lease or buy, you need the lowest possible price on your car. We recommend you get prices online for the car you are interested in. We recommend TrueCar because they make it so easy. They tell you what other people are paying for the car you want and then give you a low price guarantee that you can take to your local dealer and get that price, without haggling. No stress, no pain.