Best $199 Lease Deals: December 2018

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 - December 7, 2018

This month, we found 47 leases at or under $199/month. In this range, you can choose from a surprisingly wide range of models like a $15,000 Mitsubishi Mirage to the over-$40,000 Nissan Titan.

Unfortunately, it's impossible to know if you're actually getting a good deal because the amount due at signing can vary. That's why we've listed the effective cost of every $199 lease at the bottom of this page.

Here are our top picks for this month. Also be sure to check out our monthly analysis of all leases. Offers are available nationally unless noted otherwise.

Updated 1:21 pm

Best $199-And-Under Car Leases

Acura ILX
  • Payment: $199 for 36 months
  • Yearly Mileage: 10,000 miles
  • Amount Due at Signing: $2,499
  • Effective Monthly Cost: $268
  • MSRP: $29,065
  • Expiration: January 2, 2019
  • Your Price: Get Custom Quote

What's Hot: At $199/month, the 2018 Acura ILX continues to be the cheapest lease on a luxury car. Even though it's $4,600 more expensive than a Honda Accord LX, the ILX is $48/month cheaper to lease when comparing effective monthly costs ($268 vs. $316).

What's Not: The ILX is stocked in much fewer numbers than the brand's popular SUVs. This is also for a base model with leatherette seats. Adding leather, a better audio system and blind spot monitor requires the optional Premium Package.

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Best $199-And-Under SUV Leases

  • Payment: $199 for 36 months
  • Yearly Mileage: 12,000 miles
  • Amount Due at Signing: $1,849
  • Effective Monthly Cost: $250
  • MSRP: $24,990
  • Expiration: January 2, 2019
  • Your Price: Get Custom Quote

What's Hot: Favorable discounts make the Rogue Sport $41/month cheaper to lease than the all-new Nissan Kicks despite a nearly $3,800 difference in MSRP. If you're looking to get more for less, consider the Rogue Sport.

What's Not: This is a regional offer in Los Angeles for the all-wheel drive Rogue Sport S. Deals in other parts of the country may differ based on local incentives.

  • Payment: $199 for 36 months
  • Yearly Mileage: 10,000 miles
  • Amount Due at Signing: $969
  • Effective Monthly Cost: $226
  • MSRP: $25,595
  • Expiration: January 2, 2019
  • Your Price: Get Custom Quote

What's Hot: If you're coming from a non-GM lease, a $1,500 "conquest bonus" reduces the Encore's amount due at signing to just $969. With an effective cost of $226/month, that makes it cheaper to lease than most small cars.

What's Not: This is a regional offer we're seeing here in California. If you aren't eligible for the bonus, the amount at signing rises to $2,469 with an effective cost of $268/month.

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Every $199 Lease Deal

Wondering if a lease is any good but not sure whether the payment and amount due at signing equate to a good deal?

We’ve already done the math and reduced every lease deal to an effective monthly lease cost and ranked them from cheapest to most expensive.

Effective Cost Model Monthly Payment Term Due at Signing Region More Info
$225 2018 Hyundai Elantra SE Automatic $169 36 $1,999 Los Angeles Get Details
$226 2019 Buick Encore Preferred 1SB (Current GM Lessees) $199 36 $969 California Get Details
$228 2019 Volkswagen Jetta 1.4T S with Manual $159 36 $2,499 Western States Get Details
$230 2019 Subaru Impreza 2.0i Sedan with Manual $175 36 $1,989 Los Angeles Get Details
$238 2019 Kia Forte LXS $169 36 $2,499 California Get Details
$238 2019 Volkswagen Jetta 1.4T S with Automatic $169 36 $2,499 Western States Get Details
$240 2018 Honda Civic 2.0 LX Sedan $179 36 $2,199 National Get Details
$240 2018 Honda Civic 2.0 LX Coupe $179 36 $2,199 National Get Details
$244 2018 Ford Fiesta SE Sedan w/Automatic $189 36 $1,979 California Get Details
$244 2018 Mazda Mazda3 Sport Sedan with Automatic $179 36 $2,339 Los Angeles Get Details
$245 2018 Ford Focus SEL Sedan Auto w/SYNC & Sun $189 36 $1,999 California Get Details
$248 2019 Kia Forte S $179 36 $2,499 California Get Details
$250 2019 Hyundai Elantra SE Automatic $189 36 $2,199 Los Angeles Get Details
$250 2018 Nissan Rogue Sport S AWD $199 36 $1,849 Los Angeles Get Details
$252 2018 Hyundai Tucson SE $199 36 $1,899 Los Angeles Get Details
$253 2019 Hyundai Veloster Base with Manual $189 36 $2,299 California Get Details
$253 2018 Nissan Sentra SV with CVT $149 36 $3,749 Los Angeles Get Details
$255 2019 Toyota Corolla SE $199 36 $1,999 Southern California Get Details
$260 2018 Honda Civic 1.5T LX Hatchback $199 36 $2,199 National Get Details
$260 2019 Honda Civic 2.0 LX Sedan $199 36 $2,199 National Get Details
$260 2019 Honda Civic 2.0 LX Coupe $199 36 $2,199 National Get Details
$260 2018 Hyundai Elantra GT Base Automatic $199 36 $2,199 Los Angeles Get Details
$260 2018 Hyundai Sonata 2.4L SE $199 36 $2,199 Los Angeles Get Details
$260 2019 Nissan Sentra SV with CVT $149 36 $3,999 Los Angeles Get Details
$263 2018 Chevrolet Trax LT (CA & Select States) $149 39 $4,459 CA & Select States Get Details
$264 2018 Ford EcoSport SE 200A w/Convenience Pkg $189 36 $2,689 California Get Details
$264 2018 Mazda Mazda3 Sport Hatchback with Automatic $199 36 $2,339 Los Angeles Get Details
$264 2019 Mazda CX-3 Sport $195 36 $2,489 Los Angeles Get Details
$266 2018 Mazda Mazda6 Sport with Automatic $199 36 $2,399 Los Angeles Get Details
$268 2019 Buick Encore Preferred 1SB $199 36 $2,469 California Get Details
$268 2018 Acura ILX Base with Dual-Clutch Automatic $199 36 $2,499 National Get Details
$268 2018 Honda Civic 2.0 EX Sedan $199 36 $2,499 National Get Details
$274 2018 Honda Civic 1.5T EX Coupe $199 36 $2,699 National Get Details
$279 2019 Volkswagen Tiguan 2.0T S $189 39 $3,499 Western States Get Details
$280 2018 Chevrolet Volt [CA/OR] LT Non-GM Lessees $199 36 $2,930 CA, OR Get Details
$282 2019 Kia Optima LX 2.4 $199 36 $2,999 California Get Details
$282 2018 Volkswagen Tiguan 2.0T S $199 36 $2,999 Western States Get Details
$282 2019 Chevrolet Equinox LT (CA & Select States) $169 39 $4,419 CA & Select States Get Details
$283 2018 Mitsubishi Mirage ES CVT $189 36 $3,388 National Get Details
$291 2018 Nissan Rogue S AWD $199 36 $3,299 Los Angeles Get Details
$293 2018 Mitsubishi Mirage G4 ES CVT $199 36 $3,398 National Get Details
$294 2018 Chevrolet Volt [CA/OR] LT $199 36 $3,430 CA, OR Get Details
$294 2019 Chevrolet Trax LT (National) $199 39 $3,719 National Get Details
$329 2018 Chevrolet Malibu LT (CA & Select States) $199 36 $4,689 CA & Select States Get Details
$336 2019 Chevrolet Cruze LT Sedan (CA & Select States) $199 36 $4,939 CA & Select States Get Details
$361 2018 Ford Flex SEL with Appearance Package 202A $199 24 $3,879 California Get Details
$365 2018 Nissan Titan S 4x4 Crew Cab (Lease Conquest) $198 24 $3,998 Los Angeles Get Details

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, 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