Every New Car Lease Deal Under $199: July 2021

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Senior Pricing Analyst

As CarsDirect’s resident pricing analyst, Alex offers must-know analysis of pricing & incentives to those looking to buy or lease a car. His consumer-oriented coverage of the latest trends and breaking news has been featured in publications such as Car and Driver, Motor Trend, Automobile Magazine and Autoblog.

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, Senior Pricing Analyst - July 12, 2021

We found the best lease deals with a payment of $199 or less. Out of 47 leases in this price range, your options in July 2021 include anything from a $17,000 Mitsubishi Mirage to a nearly $40,000 Hyundai Kona Electric.

While low monthly payments may sound like a good deal, shoppers should be sure to look at the amount due at signing. That's why we've listed the effective cost of every lease under $199 a month further down this page.

Best Car Leases Under $199 A Month

  • Payment: $166 for 36 months
  • Amount Due at Signing: $166
  • Annual Mileage: 10,000 miles
  • Effective Monthly Cost: $171
  • MSRP: $38,245

What's Hot: With an effective cost as little as $171/month, this is an extreme deal for an EV that costs over $38,000. You can thank a generous mix of discounts for this bargain-basement price on the Chevy Bolt LT with Fast Charge. At this price, this is one of the cheapest leases on a car.

Worth Knowing: This deal is limited to San Francisco and includes a $3,000 Costco discount plus a $1,500 bonus for those coming from another lease. Outside the Bay Area, the price is $205 with $205 at signing. Chevy's prices do not include state plug-in rebates. Get Your Custom Quote »

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Best SUV Leases Under $199 A Month

  • Payment: $199 for 36 months
  • Amount Due at Signing: $1,999
  • Annual Mileage: 10,000 miles
  • Effective Monthly Cost: $255
  • MSRP: $38,575

What's Hot: In addition to being a great deal on an EV, the 100% electric Kona is a spectacular deal on an SUV. With an effective cost of $255, it's just $2 more expensive than a gas-powered 2021 Kona SEL ($253). And that's despite a difference in MSRP of over $15,000!

Worth Knowing: This offer is based on a Southern California location and is available through August 2. Expect prices to be higher in other parts of the country. Note that Hyundai is also offering lease deals on every version of the Ioniq for $189 with $1,999 at signing. Get Your Custom Quote »

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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 did the math and reduced every lease deal to an effective monthly cost, and ranked them from cheapest to most expensive.

Effective Cost Model Monthly Payment Term Due at Signing Region Customize Offer
$171 2021 Chevrolet Bolt EV LT with Fast Charge (San Francisco, GM/Non-GM Lessees + Costco Bonus) $166 36 $166 National Customize Offer
$226 2021 Hyundai Venue SE with Automatic $159 36 $2,399 Southern California Customize Offer
$231 2021 Nissan LEAF S $199 36 $1,149 Los Angeles, CA Customize Offer
$231 2021 Kia Forte LXS $159 36 $2,599 CA, CO, DE, FL, HI, IL, IN, ME, MI, MN, ND, NE, OH, PA, UT, VT, WI, WY Customize Offer
$234 2021 Subaru Impreza 2.0i Sedan with CVT $179 36 $1,979 Los Angeles, CA Customize Offer
$238 2021 Hyundai Accent SE with Automatic $182 36 $2,002 Southern California Customize Offer
$240 2021 Hyundai Elantra SE with Automatic $159 36 $2,899 Southern California Customize Offer
$241 2021 Kia Forte GT-Line $169 36 $2,599 CA, CO, DE, FL, HI, IL, IN, ME, MI, MN, ND, NE, OH, PA, UT, VT, WI, WY Customize Offer
$244 2021 Honda HR-V LX $169 36 $2,699 National Customize Offer
$245 2021 Hyundai Ioniq Electric Base EV $189 36 $1,999 Southern California Customize Offer
$245 2021 Hyundai Ioniq Hybrid Blue $189 36 $1,999 Southern California Customize Offer
$245 2021 Hyundai Ioniq Plug-In Hybrid SE PHEV $189 36 $1,999 Southern California Customize Offer
$250 2022 Hyundai Elantra SE $169 36 $2,899 Southern California Customize Offer
$250 2021 Hyundai Sonata 2.4L SE $169 36 $2,899 Southern California Customize Offer
$252 2021 Honda Civic 2.0 LX Sedan $169 36 $2,999 AZ, CA, CT, CO, FL, IA, IL, IN, MA, NJ, NM, NY, OH, PA, WI & More Customize Offer
$253 2021 Hyundai Kona SEL $189 36 $2,299 Southern California Customize Offer
$254 2021 Chevrolet Trailblazer LT FWD (Current GM/Non-GM Lessees) $199 39 $2,129 National Customize Offer
$254 2021 Hyundai Tucson SE $179 36 $2,699 Southern California Customize Offer
$255 2021 Hyundai Kona Electric SEL $199 36 $1,999 Southern California Customize Offer
$257 2021 Kia Soul LX with CVT $179 36 $2,799 CA, CO, DE, FL, HI, IL, IN, ME, MI, MN, ND, NE, OH, PA, UT, VT, WI, WY Customize Offer
$258 2021 Honda HR-V LX AWD $169 36 $3,199 National Customize Offer
$260 2022 Hyundai Elantra SEL $179 36 $2,899 Southern California Customize Offer
$260 2021 Hyundai Elantra Hybrid SE Hybrid with Automatic $179 36 $2,899 Southern California Customize Offer
$260 2021 Nissan Sentra SV $179 36 $2,929 Los Angeles, CA Customize Offer
$261 2021 Kia Sportage LX $169 36 $3,299 CA, CO, DE, FL, HI, IL, IN, ME, MI, MN, ND, NE, OH, PA, UT, VT, WI, WY Customize Offer
$261 2021 Buick Encore Preferred 1SB (GM/Non-GM Lessees) $199 39 $2,409 National Customize Offer
$262 2021 Honda Civic 1.5T LX Hatchback $179 36 $2,999 AZ, CA, CT, CO, FL, IA, IL, IN, MA, NJ, NM, NY, OH, PA, WI & More Customize Offer
$267 2022 Kia Soul LX with CVT $189 36 $2,799 CA, CO, DE, FL, HI, IL, IN, ME, MI, MN, ND, NE, OH, PA, UT, VT, WI, WY Customize Offer
$270 2021 Hyundai Sonata Hybrid Base Hybrid Sedan $189 36 $2,899 Southern California Customize Offer
$270 2021 Kia Seltos LX AWD $189 36 $2,899 CA, CO, DE, FL, HI, IL, IN, ME, MI, MN, ND, NE, OH, PA, UT, VT, WI, WY Customize Offer
$270 2021 Kia Seltos S FWD $189 36 $2,899 CA, CO, DE, FL, HI, IL, IN, ME, MI, MN, ND, NE, OH, PA, UT, VT, WI, WY Customize Offer
$271 2021 Kia Sportage LX AWD $179 36 $3,299 CA, CO, DE, FL, HI, IL, IN, ME, MI, MN, ND, NE, OH, PA, UT, VT, WI, WY Customize Offer
$271 2022 Kia Sportage LX $179 36 $3,299 CA, CO, DE, FL, HI, IL, IN, ME, MI, MN, ND, NE, OH, PA, UT, VT, WI, WY Customize Offer
$272 2021 Kia Niro LX Hybrid $189 36 $2,999 CA, CO, DE, FL, HI, IL, IN, ME, MI, MN, ND, NE, OH, PA, UT, VT, WI, WY Customize Offer
$272 2021 Mazda CX-30 Base $189 36 $2,999 Los Angeles, CA Customize Offer
$273 2021 Mitsubishi Mirage ES CVT $179 36 $3,378 National Customize Offer
$277 2021 Kia Soul S with CVT $199 36 $2,799 CA, CO, DE, FL, HI, IL, IN, ME, MI, MN, ND, NE, OH, PA, UT, VT, WI, WY Customize Offer
$279 2021 Subaru Legacy 2.5i Base $199 36 $2,879 Los Angeles, CA Customize Offer
$281 2022 Kia Sportage LX AWD $189 36 $3,299 CA, CO, DE, FL, HI, IL, IN, ME, MI, MN, ND, NE, OH, PA, UT, VT, WI, WY Customize Offer
$282 2022 Honda Civic LX Sedan $199 36 $2,999 National Customize Offer
$282 2021 Kia K5 LXS FWD $199 36 $2,999 CA, CO, DE, FL, HI, IL, IN, ME, MI, MN, ND, NE, OH, PA, UT, VT, WI, WY Customize Offer
$282 2021 Kia Niro Plug-In Hybrid LX PHEV $199 36 $2,999 CA, CO, DE, FL, HI, IL, IN, ME, MI, MN, ND, NE, OH, PA, UT, VT, WI, WY Customize Offer
$282 2022 Kia Seltos LX AWD $199 36 $2,999 CA, CO, DE, FL, HI, IL, IN, ME, MI, MN, ND, NE, OH, PA, UT, VT, WI, WY Customize Offer
$282 2021 Volkswagen Jetta S 1.4T with Automatic $199 36 $2,999 California Customize Offer
$285 2022 Kia Seltos S FWD $199 36 $3,099 CA, CO, DE, FL, HI, IL, IN, ME, MI, MN, ND, NE, OH, PA, UT, VT, WI, WY Customize Offer
$289 2022 Hyundai Kona SE $189 36 $3,599 Southern California Customize Offer
$299 2022 Hyundai Kona SEL $199 36 $3,599 Southern California Customize Offer

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, Senior Pricing Analyst

As CarsDirect’s resident pricing analyst, Alex offers must-know analysis of pricing & incentives to those looking to buy or lease a car. His consumer-oriented coverage of the latest trends and breaking news has been featured in publications such as Car and Driver, Motor Trend, Automobile Magazine and Autoblog.

Follow On: Twitter

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