Best $199 Lease Deals: August 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 - August 3, 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 a nearly $35,000 Kia Soul EV.

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 July. Also be sure to check out our monthly analysis of over 490 leases. Offers are available nationally unless noted otherwise.

Updated August 3

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: September 4, 2018
  • 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: $179 for 36 months
  • Yearly Mileage: 10,000
  • Amount Due at Signing: $2,779
  • Effective Monthly Cost: $256
  • MSRP: $25,195
  • Expiration: August 21, 2018
  • Your Price: Get Custom Quote

What's Hot: The EcoSport SE may be over $9,500 more expensive than a Mitsubishi Mirage, but superior discounts actually make it $23/month cheaper to lease ($256 vs. $283).

What's Not: The EcoSport remains one of the few vehicles in its class without the ability to add auto emergency braking. If that's a must-have feature, consider an alternative like the Toyota C-HR.

  • Payment: $199 for 36 months
  • Yearly Mileage: 12,000 miles
  • Amount Due at Signing: $2,199
  • Effective Monthly Cost: $260
  • MSRP: $24,970
  • Expiration: August 31, 2018
  • Your Price: Get Custom Quote

What's Hot: Favorable discounts make the Rogue Sport $31/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.

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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
$207 2018 Ford Focus Electric Base $149 36 $2,079 California Get Details
$211 2018 Subaru Impreza 2.0i Sedan with Manual (Los Angeles) $155 36 $1,999 Los Angeles Get Details
$225 2018 Hyundai Elantra SE Automatic $169 36 $1,999 Los Angeles Get Details
$225 2018 Subaru Impreza 2.0i Sedan with Manual (National) $169 36 $1,999 National Get Details
$230 2019 Subaru Impreza 2.0i Sedan with Manual (Los Angeles) $175 36 $1,989 Los Angeles Get Details
$235 2018 Ford Focus SEL Sedan Auto w/SYNC & Sun $179 36 $1,999 California Get Details
$235 2018 Kia Forte LX Sedan $179 36 $1,999 California Get Details
$235 2018 Kia Forte LX Hatchback $179 36 $1,999 California Get Details
$235 2018 Toyota Corolla iM Base $179 36 $1,999 Southern California Get Details
$235 2018 Ford C-Max Hybrid SE 200A $169 36 $2,369 California Get Details
$241 2019 Subaru Impreza 2.0i Sedan with Manual (National) $185 36 $1,999 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
$244 2018 Mazda CX-3 Sport FWD $189 36 $1,989 Los Angeles Get Details
$245 2018 Toyota Corolla LE $189 36 $1,999 Southern California Get Details
$248 2019 Volkswagen Jetta 1.4T S with Manual $179 36 $2,499 Western States Get Details
$250 2018 Honda Civic 2.0 LX Sedan $189 36 $2,199 National Get Details
$250 2018 Honda Civic 2.0 LX Coupe $189 36 $2,199 National Get Details
$250 2018 Hyundai Sonata 2.4L SE $189 36 $2,199 Los Angeles Get Details
$252 2018 Hyundai Tucson SE FWD $199 36 $1,899 Los Angeles Get Details
$253 2018 Honda HR-V LX 2WD $189 36 $2,299 National Get Details
$253 2018 Nissan Sentra SV w/CVT $149 36 $3,749 Los Angeles Get Details
$255 2018 Kia Soul Base Automatic $199 36 $1,999 California Get Details
$255 2018 Kia Soul EV EV Base $199 36 $1,999 National Get Details
$255 2018 Toyota C-HR XLE $199 36 $1,999 Southern California Get Details
$255 2018 Toyota Corolla SE $199 36 $1,999 Southern California Get Details
$256 2018 Ford EcoSport SE FWD 200A w/Convenience Pkg $179 36 $2,779 California Get Details
$258 2019 Volkswagen Jetta 1.4T S with Automatic $189 36 $2,499 Western States Get Details
$260 2018 Hyundai Elantra GT Base Automatic $199 36 $2,199 Los Angeles Get Details
$260 2018 Nissan Rogue Sport S AWD $199 36 $2,199 Los Angeles Get Details
$262 2018 Kia Optima LX 2.4 $179 36 $2,999 California Get Details
$262 2018 Volkswagen Tiguan Limited 2.0T Limited $179 36 $2,999 Western States Get Details
$263 2019 Hyundai Veloster Base with Manual $199 36 $2,299 California Get Details
$264 2018 Mazda Mazda3 Sport Hatchback with Automatic $199 36 $2,339 Los Angeles Get Details
$266 2018 Hyundai Kona SEL FWD $199 36 $2,399 National Get Details
$268 2018 Acura ILX Base with Dual-Clutch Automatic $199 36 $2,499 National Get Details
$268 2018 Volkswagen Passat 2.0T S Automatic $199 36 $2,499 Western States Get Details
$272 2018 Honda HR-V LX AWD $189 36 $2,999 National Get Details
$272 2018 Toyota Camry LE (New York) $189 36 $2,999 New York Get Details
$277 2018 Kia Sorento L 2.4 FWD $199 36 $2,799 California Get Details
$282 2018 Volkswagen Tiguan 2.0T S FWD $199 36 $2,999 Western 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 Chevrolet Trax 1LT [CA & Select States] $189 39 $4,059 CA & Select States Get Details
$293 2018 Mitsubishi Mirage G4 ES CVT $199 36 $3,398 National Get Details
$295 2018 Chevrolet Cruze LT Sedan $199 39 $3,729 CA & Select States Get Details
$313 2018 Buick Encore Preferred 1SB $199 39 $4,449 National 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