Cheapest Car Lease Deals in 2017

cheap car leaseSome of the cheapest car leases we’ve seen in a while are now being offered by car manufacturers with special limited-time lease deals.

These are deals in which car companies are creating the lowest possible monthly payments by temporarily adjusting a combination of factors, such as price and finance rate, that affect payment amount.  Although a low lease payment doesn’t necessarily make it a good deal, all the deals we discuss here are actually excellent deals and are well worth considering.

Nearly all cheap leases require a down payment (cap cost reduction) as well as the first month’s payment and official fees. These up-front costs, all together, are called “cash due at signing.”  Most of the deals are for 24, 36, or 39 month terms and allow 1000 miles per month, average over the life of the lease.

Here are some of the cheapest car leases that are currently being offered by car companies through their authorized dealers:

Smart Pure Coupe (2016) - $89/month, $1983 due at signing

Smart Pure Coupe (2017) - $109/month, $2003 due at signing

Kia Forte  – $129/month, $2667 due at signing

Honda Fit  - $139/month, $2399 due at signing

Jeep Compass Latitude 4×4  -  $139/month, $2899 due at signing

Kia Forte 5 - $149/month, $1999 due at signing

Ford Focus SE  –  $149/month, $2699 due at signing

Nissan Sentra  - $149/month, $2999 due at signing

Ford Focus S  –  $154/month, $2564 due at signing

Ford Fiesta S Sedan - $157/month, $2256 due at signing

Ford Fiesta S Hatch - $158/month, $2287 due at signing

Ford C-MAX  –  $159/month, $2169 due at signing

Subaru Legacy  –  $159/month, $2569 due at signing

Toyota Yaris iA  –  $159/month, $2858 due at signing

Kia Optima  - $159/month, $2891 due at signing

Ford C-MAX Energi  –  $159/month, $3604 due at signing

Nissan Rogue Sport  –  $159/month, $3959 due at signing

 

 

These deals are all rated Good to Excellent by LeaseGuide.com. Many other lease deals being offered at this time are not shown here — many under $200/month. The car companies offering other good deals are primarily Honda and Subaru, with BMW and Mercedes at the high end of the payment scale (although still good deals), and a few other companies in between.

If You Can’t Find the Deal You Want

If you don’t find a special lease deal on the vehicle you want, you must get the lowest price possible to get the lowest lease payment. The best way to do that is to get a no-haggle online price quote from a service such as Edmunds.com that will show you dealer prices and offer you a low price deal that will be honored by dealers in your area, without the stress and strain of haggling with salespeople.

Your Credit Is Important

Since the cheapest lease car lease deals are made possible by low finance rates (in leasing, it’s called money factor), the deals are only available to “qualified” customers. This means that anyone wanting to take advantage of one of the deals must have a good credit score.

If you are interested but don’t know your most recent FICO credit score, it’s easy to get, online. What’s your FICO score? Find out now when you check your credit report for $1 at Experian.com! You’ll see your score instantly and be able to do your car shopping with confidence that you know where you stand with regards to being able to get the best deals and best rates.

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