Every $199 (And Under) Lease In October

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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 - October 4, 2019

We found 40 leases in October with a monthly payment of $199 or less. This month, choices range from the $16,000 Mitsubishi Mirage ES to the over-$37,000 Honda Clarity Electric.

While cheap payments may sound good, some offers may not be a great deal because of differences in the amount due at signing. That's why we've listed the effective cost of every deal at the bottom of this page.

Offers available nationally unless noted otherwise. Be sure to also check out our roundup of the best lease deals.

Best Car Leases Under $199

  • Payment: $199 for 36 months
  • Amount Due at Signing: $1,999
  • Annual Mileage: 10,500 miles
  • Effective Monthly Cost: $255
  • MSRP: $25,670

What's Hot: With an effective cost of just $255/month, the Fusion is one of the cheapest midsize cars you can lease. Believe it or not, that's actually less expensive than what Ford is advertising on the 2019 Ford Fiesta SE ($262).

Worth Knowing: The deal includes a $1,500 bonus you can only get when trading-in a vehicle. It also reflects a $250 incentive on cars in stock for over 61 days. The deal ends November 13, suggesting a possible change for Black Friday. Get Your Custom Quote

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Best SUV Leases Under $199

  • Payment: $199 for 39 months
  • Amount Due at Signing: $2,999
  • Annual Mileage: 10,000 miles
  • Effective Monthly Cost: $276
  • MSRP: $24,295

What's Hot: With an effective cost of $276/month, the Tiguan is nearly as cheap to lease as a compact car. For comparison, the Honda Civic LX is listed at $250/month, while the Toyota Corolla LE is listed at $255 here in Southern California.

Worth Knowing: This is a regional offer available in California and select states through October 31. In other parts of the country, expect to see higher prices. 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’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
$216 2019 Hyundai Elantra SE Automatic $149 36 $2,399 Los Angeles Get Details
$216 2020 Hyundai Elantra SE Automatic $149 36 $2,399 Los Angeles Get Details
$224 2019 Subaru Impreza 2.0i Sedan with Manual $169 36 $1,983 Los Angeles Get Details
$233 2019 Hyundai Veloster Base with Manual $169 36 $2,299 Los Angeles Get Details
$238 2019 Kia Forte LXS $169 36 $2,499 CA & Select States Get Details
$240 2019 Honda Fit LX with CVT $179 36 $2,199 National Get Details
$240 2019 Volkswagen Jetta S 1.4T with Automatic $189 39 $1,999 California Get Details
$243 2020 Hyundai Veloster Base with Manual $179 36 $2,299 Los Angeles Get Details
$247 2019 Jeep Compass Latitude 4x2 with 28J Package (Returning FCA Lessees) $159 42 $3,675 California Get Details
$248 2019 Kia Forte S $179 36 $2,499 CA & Select States Get Details
$248 2020 Kia Forte LXS $179 36 $2,499 CA & Select States Get Details
$248 2019 Mazda Mazda3 Base Sedan with Automatic $179 36 $2,499 Los Angeles Get Details
$249 2019 Nissan Sentra SV with CVT (Incl. $500 Loyalty Bonus) $139 36 $3,949 Los Angeles Get Details
$249 2019 Honda Clarity Electric Base (CA, OR) $199 36 $1,799 CA, OR Get Details
$250 2019 Honda Civic 2.0 LX Sedan $189 36 $2,199 Southern California Get Details
$253 2019 Honda Fit Sport with CVT $189 36 $2,299 National Get Details
$254 2019 Hyundai Elantra GT Base Automatic $179 36 $2,699 Los Angeles Get Details
$255 2019 Ford Fusion SE 1.5T (Select Stock After $1,500 Trade-In Bonus) $199 36 $1,999 California Get Details
$255 2020 Toyota Corolla LE with CVT $199 36 $1,999 Southern California Get Details
$258 2020 Kia Forte GT-Line $189 36 $2,499 CA & Select States Get Details
$261 2019 Honda Civic 2.0 LX Coupe $189 36 $2,599 Southern California Get Details
$261 2019 Honda HR-V LX $189 36 $2,599 National Get Details
$263 2019 Honda Fit EX with CVT $199 36 $2,299 National Get Details
$263 2019 Mazda CX-3 Sport $180 36 $2,999 Los Angeles Get Details
$268 2019 Hyundai Sonata 2.4L SE $199 36 $2,499 Los Angeles Get Details
$268 2020 Kia Soul LX with CVT $199 36 $2,499 CA & Select States Get Details
$269 2019 Mitsubishi Mirage ES CVT $189 36 $2,888 National Get Details
$272 2019 Kia Optima LX $189 36 $2,999 CA & Select States Get Details
$274 2019 FIAT 500e Base with 2EJ Package (Returning Lessees) $179 36 $3,419 California Get Details
$276 2019 Volkswagen Tiguan S 2.0T $199 39 $2,999 California Get Details
$280 2019 Mitsubishi Mirage G4 ES CVT $199 36 $2,898 National Get Details
$281 2019 Honda HR-V LX AWD $189 36 $3,299 National Get Details
$282 2020 Kia Sportage LX $199 36 $2,999 CA & Select States Get Details
$287 2019 Jeep Grand Cherokee Laredo E 4x2 with 2BE Package (Returning FCA Lessees) $179 36 $3,899 California Get Details
$301 2019 Chevrolet Trax LT (National) $199 39 $3,959 National Get Details
$307 2020 Nissan Altima 2.5 S $199 36 $3,899 Los Angeles Get Details
$311 2019 Nissan Altima 2.5 SV $189 36 $4,399 Los Angeles Get Details
$313 2019 Buick Encore Preferred 1SB $199 39 $4,429 California Get Details
$313 2020 Chevrolet Trax LT (National) $199 39 $4,459 National Get Details
$340 2020 Buick Encore Preferred 1SB $199 39 $5,499 California Get Details

, 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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