Best New Car Lease Deals: July 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.

Follow On: Google+ | Website

, Senior Pricing Analyst - July 8, 2015

July started with a bang and many of the best lease deals have been renewed or have improved. Luxury shoppers are in for a treat this month with unusually good offers like $349 per month with $799 at signing on the 2015 Lexus IS 250. Offers on mainstream cars are also incredibly good, with the Subaru Impreza and Honda Civic battling it out with attractive deals. Shoppers wary of upfront costs will appreciate a wide range of $0 down leases this month.

Here you’ll see our top picks for the best lease deals on small and midsize cars, crossover SUVs and trucks, and luxury cars and crossovers. The key to finding a great lease is to look at the effective monthly cost, which factors both the payment and amount due at signing. You don’t have to look hard to find a really good deal- we’ve done the work for you. Just use the links to the right to jump to each segment.

See more new car deals here »

Best Small Car Lease Deals

2015 Subaru Impreza
  • Monthly Payment: $209
  • Term: 36 months
  • Mileage: 12k
  • Due at Signing: $0
  • Effective Monthly Cost: $209
  • MSRP: $21,790
  • Expires: August 3, 2015

The Impreza continues to be our top pick for a small car lease. Sure, Subaru is advertising a $145 per month deal on the 2.0i Standard Sedan, but it requires $1,945 at signing. On the other hand, the 2.0i Premium Sedan has an MSRP that’s $2,800 higher but has an effective lease cost that’s only $10 more per month. Get a custom lease quote on a Subaru Impreza »

2015 Honda Civic
  • Monthly Payment: $200
  • Term: 36 months
  • Mileage: 12k
  • Due at Signing: $0
  • Effective Monthly Cost: $200
  • MSRP: $20,110
  • Expires: September 7, 2015

The Civic continues to be one of the best small car leases thanks to price cuts Honda made back in May. Although there’s a $149 per month offer on the LX CVT Sedan, the zero-down lease ends up being around $5 less expensive per month when you factor the amount due at signing. Get a custom lease quote on a Honda Civic »

2015 Hyundai Elantra
  • Monthly Payment: $159
  • Term: 36 months
  • Mileage: 12k
  • Due at Signing: $1,499
  • Effective Monthly Cost: $201
  • MSRP: $19,075
  • Expires: July 31, 2015

The Elantra SE ranks well as a lease value when you consider its relatively low effective monthly cost. However, the 2015 Elantra is getting close to selling out and the 2016 isn’t as good of a deal with an effective cost that’s $34 more per month. Get a custom lease quote on a Hyundai Elantra »

Back to top of page

Best Midsize Car Lease Deals

2015 Honda Accord
  • Monthly Payment: $240
  • Term: 36 months
  • Mileage: 12k
  • Due at Signing: $0
  • Effective Monthly Cost: $240
  • MSRP: $23,725
  • Expires: September 7, 2015

Last month Honda began a major selldown effort on the Accord with a $10 cut in payment. Although there’s also a $189 per month lease on the LX, it requires $1,999 at signing. When you consider the effective monthly cost, the zero-down option is $5 less per month to lease and ends up being a better deal. Get a custom lease quote on a Honda Accord »

2015 Hyundai Sonata
  • Monthly Payment: $169
  • Term: 36 months
  • Mileage: 10k
  • Due at Signing: $1,999
  • Effective Monthly Cost: $225
  • MSRP: $21,975
  • Expires: July 31, 2015

Hyundai has been pulling out all the stops with better deals nearly every month on the 2015 Sonata. A lower mileage allowance enables the automaker to offer a bafflingly low $169 per month lease on the Sonata SE. As a result, it has a lower effective monthly cost than nearly all of its competitors. Get a custom lease quote on a Hyundai Sonata »

2015 Kia Optima
  • Monthly Payment: $239
  • Term: 36 months
  • Mileage: 12k
  • Due at Signing: $0
  • Effective Monthly Cost: $239
  • MSRP: $22,665
  • Expires: September 8, 2015

Kia has gone on the offensive with some attractive zero-down leases. Although there’s also a $170 lease on the LX, it requires $1,999 in upfront costs and has a shorter lease term. Interestingly, the zero-down option ends up being $14 less expensive per month when you look at its effective cost. Sure, the Toyota Camry and Mazda Mazda6 are great alternatives but they end up being $16 more to lease per month versus the Optima. Get a custom lease quote on a Kia Optima »

Back to top of page

Best Crossover Lease Deals

2015 Volkswagen Tiguan
  • Monthly Payment: $179
  • Term: 36 months
  • Mileage: 12k
  • Due at Signing: $2,499
  • Effective Monthly Cost: $248
  • MSRP: $27,120
  • Expires: August 31, 2015

The Tiguan continues to rank as the best value on a crossover. Last month’s $179 payment on the Tiguan 2.0T S with automatic continues thanks to $3,250 in lease discounts. Get a custom lease quote on a Volkswagen Tiguan »

2015 GMC Acadia
  • Monthly Payment: $293
  • Term: 39 months
  • Mileage: 10k
  • Due at Signing: $1,793
  • Effective Monthly Cost: $339
  • MSRP: $34,900
  • Expires: July 31, 2015

The Acadia may not be at the top of your shopping list but this month’s offer on the Acadia SLE-1 is worth a look. There are few crossovers in this price range with such a low effective cost. As a bonus, current non-GM lessees can get a $1,500 discount that reduces the amount due at signing to just $293. Get a custom lease quote on a GMC Acadia »

2015 Chevrolet Trax
  • Monthly Payment: $199
  • Term: 39 months
  • Mileage: 10k
  • Due at Signing: $1,439
  • Effective Monthly Cost: $236
  • MSRP: $23,320
  • Expires: August 31, 2015

Small crossovers may be gaining popularity but there haven’t been a lot of deals when it comes to leases. Apart from an already low effective monthly cost, current GM lessees are eligible for a $500 loyalty bonus which cuts the amount due at signing to just $939. You won’t find a deal like that on the Honda HR-V. Get a custom lease quote on a Chevrolet Trax »

Back to top of page

Best Luxury Car Lease Deals

2015 Lexus IS 250
  • Monthly Payment: $349
  • Term: 36 months
  • Mileage: 10k
  • Due at Signing: $799
  • Effective Monthly Cost: $371
  • MSRP: $38,159
  • Expires: September 8, 2015

The IS 250 tends to rank well when it comes to leases because competitors require thousands more in upfront costs. Lexus means business in July with a $300 cut in the amount due at signing as part of the Golden Opportunity Sales Event. You won’t find a luxury car of this caliber with such a low effective cost. Get a custom lease quote on a Lexus IS 250 »

2015 Lexus GS 350
  • Monthly Payment: $449
  • Term: 36 months
  • Mileage: 10k
  • Due at Signing: $2,499
  • Effective Monthly Cost: $518
  • MSRP: $54,680
  • Expires: September 8, 2015

There simply isn’t a competitor priced over $54k that can be leased for so little. Even better, the GS gets a $300 cut in the amount due at signing thanks to this month’s Golden Opportunity Sales Event. Get a custom lease quote on a Lexus GS 350 »

2015 Infiniti Q50
  • Monthly Payment: $309
  • Term: 39 months
  • Mileage: 10k
  • Due at Signing: $3,499
  • Effective Monthly Cost: $399
  • MSRP: $40,905
  • Expires: August 31, 2015

$3,000 in unadvertised lease discounts continue to make the Q50 Premium RWD one of the best deals on a luxury sedan. There are few luxury cars that can be leased for so little that come with advanced features like dual LCD displays and adjustable handling. Get a custom lease quote on an Infiniti Q50 »

Back to top of page

Best Luxury Crossover Lease Deals

2015 Buick Enclave
  • Monthly Payment: $317
  • Term: 39 months
  • Mileage: 10k
  • Due at Signing: $1,817
  • Effective Monthly Cost: $364
  • MSRP: $39,975
  • Expires: August 3, 2015

There still isn’t a deal anywhere close to the $317 per month offer on the Enclave Base with Convenience Package. Luxury crossovers almost always require thousands more in upfront costs. To top it off, current non-GM lessees are eligible for a $1,500 bonus that reduces the amount due at signing to a mere $317. Get a custom lease quote on a Buick Enclave »

2015 Lexus RX 350
  • Monthly Payment: $399
  • Term: 36 months
  • Mileage: 10k
  • Due at Signing: $2,499
  • Effective Monthly Cost: $468
  • MSRP: $46,138
  • Expires: September 8, 2015

Deals on the RX keep getting better. Last month, the amount due at signing was cut by $400 on the RX 350 Premium. For July, it gets another $500 cut thanks to this month’s Golden Opportunity Sales Event. Few competitors have such a low amount due at signing. Get a custom lease quote on a Lexus RX 350 »

2015 Buick Encore
  • Monthly Payment: $190
  • Term: 24 months
  • Mileage: 10k
  • Due at Signing: $1,690
  • Effective Monthly Cost: $260
  • MSRP: $24,990
  • Expires: August 3, 2015

It may be hard to believe, but Buick cut last month’s payment on the Encore by $9 per month and the amount due at signing by $309. Current non-GM lessees are also eligible for a $1,500 bonus which reduces the amount due at signing to just $190 (that’s not a typo). You won’t find another small crossover at this price anywhere. Get a custom lease quote on a Buick Encore »

Back to top of page

Best Truck Lease Deals

2015 RAM 1500
  • Monthly Payment: $299
  • Term: 36 months
  • Mileage: 12k
  • Due at Signing: $2,999
  • Effective Monthly Cost: $382
  • MSRP: $37,080
  • Expires: August 3, 2015

Last month’s $299 per month lease deal on the 1500 Express Crew Cab 4x2 continues unchanged. Competitors may tout more elaborate technology but there isn’t another full-size crew cab truck with such a low effective monthly cost right now. Get a custom lease quote on a RAM 1500 »

2015 GMC Sierra 1500
  • Monthly Payment: $299
  • Term: 39 months
  • Mileage: 10k
  • Due at Signing: $3,499
  • Effective Monthly Cost: $389
  • MSRP: $37,395
  • Expires: August 3, 2015

The $299 per month lease on the Sierra 1500 SLE 2WD V6 Double Cab carries over from June with no changes. The mileage allowance is a bit shorter than the RAM, but it’s still an outstanding deal for the money. Get a custom lease quote on a GMC Sierra 1500 »

2015 Ford F-150
  • Monthly Payment: $259
  • Term: 24 months
  • Mileage: 10.5k
  • Due at Signing: $4,329
  • Effective Monthly Cost: $439
  • MSRP: $38,310
  • Expires: July 31, 2015

For July, the payment on the F-150 XLT 4x2 2.7L SuperCrew has been cut by $40 per month and the amount due at signing has fallen $530. It may not be quite the same value as the RAM 1500 and Sierra but it’s a great time to lease if you’ve been waiting for F-150 prices to improve. Get a custom lease quote on a Ford F-150 »

Back to top of page

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

Offers listed here are based on a resident in Southern California and may be subject to change. Most lease offers are for well-qualified buyers based on available credit and exclude tax, license, title, registration, document fees and insurance. Not all buyers may qualify. Please check with your CarsDirect Trusted Dealer to confirm offer details and eligibility.

CarsDirect Tip
Leasing can be an attractive option but may not be for everybody. Be sure to carefully consider your needs before making a decision.

, 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