Where Are The $0 Down Car Lease Deals ?

$0 down car lease dealsA few automakers are currently offering $0 zero-down lease deals.

These have slightly higher monthly payments than the same deals with a down payment.  Whether you make a down payment or not doesn’t change the value of the deal. A good deal is still a good deal with or without a down payment.

The car companies with the $0 down lease deals are Honda, Acura, Kia on selected models/styles, and Scion. The deals are offered both with a down payment and without.

However, these deals are a little different in how they are implemented.

For example, Volvo, Honda and Acura offer their special leases as $0-$0-$0 ($0 down, $0 first month’s payment, and $0 security deposit). This means that you owe nothing at lease signing except the usual official tag and registration fees specific to your home location. Not having to pay the customary first month’s payment means you only make 35 payments on a 36 month lease.

BMW’s $0 down leases simply means you pay no down payment (cap cost reduction) but you still pay the first month’s payment, plus possible security deposit, plus any official tag and registration fees at the time of lease signing.

What’s the catch with these special limited-time leases? Nothing except that not all models and styles are offered with the special deals. If you like the models being offered, fine. If not, you’ll have to settle for a non-promotional normal lease deal.

All of the special lease deals being offered by Honda, Acura, BMW, and Volvo have been rated “Good” or “Excellent” by LeaseGuide.com.

For more zero down car lease deals, see our article, $0 Down Car Leases Are Back.

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