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

Fiat 500e (2017)  – $129/month, $2499 due at signing

Smart Electric Drive Coupe  - $139/month, $1433 due at signing (36 month)

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

Fiat 500e (2016)  – $149/month, $1999 due at signing

Kia Forte  – $149/month, $1999 due at signing

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

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

Volkswagen Jetta  – $149/month, $2999 due at signing

Smart Electric Drive Coupe  - $159/month, $1433 due at signing (24 month)

Ford C-MAX  - $159/month, $2174 due at signing

Kia Soul  - $159/month, $2499 due at signing

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



These deals are all rated Good to Excellent by 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 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 TrueCar that will show you what other people are paying and give you a low price guarantee that will be honored by dealers in your area.

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.

Buying or leasing a car? View your free credit scores here first.

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! 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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