The Best New Car Leases of the Month: March 2015

By

Senior Pricing Analyst

Alex Bernstein is the Senior Pricing Analyst for CarsDirect.com. Each month he studies immense volumes of pricing and incentives data in search of trends that are useful to car shoppers. In the process, he often breaks industry news stories -- his analyses and insights have been featured on websites such as Automotive News, The Detroit News, Autoblog, The Truth About Cars and The Car Connection.

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, Senior Pricing Analyst - March 20, 2015

March is shaping up to be a big month for leases. Offers from Lexus featuring bonus cash and payment waivers on models like the IS 250 caught our attention. In other news, the 2015 Honda Pilot is in full sell-down mode with discounts that aren’t being publicly advertised. We’re also impressed by consistent picks like the Toyota Prius, Volkswagen Tiguan, and Infiniti Q50. Whatever your needs, there are some great lease options this month.

Our Picks for March 2015

Honda Pilot
  • Monthly Payment: $330
  • Term: 36 months
  • Mileage: 12k
  • Due at Signing: $0
  • Configured MSRP: $35,400
  • Expires: April 13, 2015

Honda is clearing out the 2015 Pilot to make way for a big redesign due this summer. Discounts are possible because of unadvertised programs that are enabling dealers to lower prices by as much as $2,750. The strategy seems to be working- the Pilot saw an 82% lift in sales last month. Learn more about Honda Pilot leases »

Toyota Prius
  • Monthly Payment: $199
  • Term: 36 months
  • Mileage: 12k
  • Due at Signing: $1,999
  • Configured MSRP: $25,250
  • Expires: March 31, 2015

It’s not just you- fuel prices are going up with every fill-up at the gas station. You might not be able to control the price of gas but you have a rare chance to drive a Prius for $199 a month thanks to an outstanding lease deal. There are few hybrids that can match the smart design and efficiency of the Prius. Learn more about Toyota Prius leases »

Subaru Impreza
  • Monthly Payment: $209
  • Term: 36 months
  • Mileage: 12k
  • Due at Signing: $0
  • Configured MSRP: $21,790
  • Expires: March 31, 2015

Lease discounts on the Impreza doubled in February. Last month’s outstanding deal continues through March with an outstanding $209 lease on the 2.0i Premium sedan. The best part? It’s a $0 due at signing offer. We think you might like the Impreza’s thoughtful design and safety features. Learn more about Subaru Impreza leases »

Honda CR-V
  • Monthly Payment: $209
  • Term: 39 months
  • Mileage: 12k
  • Due at Signing: $1,999
  • Configured MSRP: $24,325
  • Expires: May 11, 2015

Now that 2014 models have sold out, Honda is improving deals on the 2015 CR-V. Leases improved in mid-March- the payment dropped $30 and the amount due at signing fell by $200. Shoppers have a choice of a $209 lease or a new $0 due at signing option for $260. Both are outstanding deals on this segment-leading crossover. Learn more about Honda CR-V leases »

Lexus IS 250
  • Monthly Payment: $349
  • Term: 36 months
  • Mileage: 10k
  • Due at Signing: $999
  • Configured MSRP: $38,159
  • Expires: March 31, 2015

Lexus has started their Command Performance Sales Event. We’re not sure what that’s supposed to mean, but to us it means very good lease offers. How good? Try a complimentary first lease payment up to $700. We also like the low $999 due at signing, which is unusual for a popular luxury car. Learn more about Lexus IS 250 leases »

Volkswagen Tiguan
  • Monthly Payment: $179
  • Term: 36 months
  • Mileage: 12k
  • Due at Signing: $2,499
  • Configured MSRP: $27,120
  • Expires: March 31, 2015

The lease deal on the Tiguan has improved at least twice since January. It started with a lower payment, then it was a lower amount due at signing. This month’s $179 lease deal is the same as February, so this might be as low as it’s going to get for now. Not bad for a crossover with German engineering and a GTI engine under the hood. Learn more about Volkswagen Tiguan leases »

Lexus GS 350
  • Monthly Payment: $449
  • Term: 36 months
  • Mileage: 10k
  • Due at Signing: $2,499
  • Configured MSRP: $54,680
  • Expires: March 31, 2015

It might have an understated design but make no mistake- the GS 350 is an outstanding car that sees much better deals than competitors. The GS is a great car to lease thanks to a $1,800 lease discount. This month you can also take advantage of a complimentary first lease payment up to $850. Learn more about Lexus GS 350 leases »

Infiniti Q50
  • Monthly Payment: $309
  • Term: 39 months
  • Mileage: 10k
  • Due at Signing: $3,199
  • Configured MSRP: $40,905
  • Expires: March 31, 2015

It’s hard to ignore the appeal of a $309 payment on a luxury sedan with the latest features that normally has an MSRP well over $40k. Last month the payment dropped by $30 and that same deal carries over into March. Performance and technology are the main selling points of the Q50, but the outstanding lease deal makes it more attainable than competitors. Learn more about Infiniti Q50 leases »

Acura ILX
  • Monthly Payment: $300
  • Term: 39 months
  • Mileage: 10k
  • Due at Signing: $0
  • Configured MSRP: $28,820
  • Expires: May 11, 2015

A major update means the ILX will no longer be mistaken for a Civic. For the 2016 model year, the ILX gets an advanced dual-clutch transmission and the same 2.4-liter engine as the more expensive TLX. Of course, you also get the jewel-eye headlights Acura is so proud of. Cars may be barely arriving but Acura already has an outstanding $300 lease offer with $0 due at signing. Learn more about Acura ILX leases »

Looking for the best way to keep track of purchase and lease deals? Check out our CarsDirect Pricing Insider page for detailed tips and advice on picking the right time to buy your favorite car or truck.

Offers listed here are based on a resident in Southern California. Lease offers are based on top-tier credit and exclude tax, license, title, registration, document fees and insurance. Please check with your dealer partner for complete offer details.

CarsDirect Tip
Be sure to ask about perks like payment waivers and $0 due at signing options to increase your leasing options.



, Senior Pricing Analyst

Alex Bernstein is the Senior Pricing Analyst for CarsDirect.com. Each month he studies immense volumes of pricing and incentives data in search of trends that are useful to car shoppers. In the process, he often breaks industry news stories -- his analyses and insights have been featured on websites such as Automotive News, The Detroit News, Autoblog, The Truth About Cars and The Car Connection.

Follow On: Google+ | Website