Every New Car Lease Deal Under $199 In May 2021

By

Automotive Analyst

Kelly Campbell is a SoCal native with a background in marketing, communications, and technical writing. Having spent her entire career in the automotive industry, Kelly brings a wealth of knowledge and enthusiasm for cars to her role as an Automotive Analyst at CarsDirect.

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, Automotive Analyst - May 10, 2021

We found 48 leases in May with a monthly payment of $199 or less. In this price range, choices range from the $17,000 Mitsubishi Mirage to the near-$40,000 Hyundai Kona Electric.

Although cheap payments may sound good, a lot of deals aren't great because of differences in the amounts 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 top picks for the best lease deals.

Best Car Leases Under $199

Hyundai Ioniq Electric
  • Payment: $175 for 36 months
  • Amount Due at Signing: $175
  • Annual Mileage: 10,000 miles
  • Effective Monthly Cost: $180
  • MSRP: $38,245

What's Hot: Although the 2020 Bolt is now sold out, the 2021 model remains a great deal. Despite the Costco members discount ending, residents of San Francisco can still save big on Chevy's sole electric vehicle. With an effective monthly cost of $180, the Bolt EV remains significantly cheaper than competitors like the Hyundai Ioniq Electric ($245), Hyundai Elantra Hybrid ($260), and Kia Niro Plug-In Hybrid ($282) despite having a higher price tag.

Worth Knowing: This offer is available to current GM/Non-GM lessees in San Francisco. Expect to see higher prices if these qualifications aren't met. Get Your Custom Quote »

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Best SUV Leases Under $199

Hyundai Kona Electric
  • 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: Despite being the most expensive vehicle on the list this month, the Kona Electric presents a good bang for your buck option. With an effective monthly cost of $255, the Kona Electric can be more affordable to lease than the Chevy Equinox ($257), Hyundai Sonata Hybrid ($267), and Kia Niro ($268), all of which feature price tags that are around $10,000 to $12,000 cheaper than the Kona Electric.

Worth Knowing: This offer is based on a Southern California location. Expect prices to be higher in other parts of the country. 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 Customize Offer
$180 2021 Chevrolet Bolt EV LT with Fast Charge (San Francisco, GM/Non-GM Lessees) $175 36 $175 San Francisco Customize Offer
$214 2020 Chevrolet Trax LT FWD (Current GM/Non-GM Lessees) $189 39 $989 National Customize Offer
$223 2021 Chevrolet Trax LT AWD (Current GM/Non-GM Lessees) $189 39 $1,309 National Customize Offer
$226 2021 Hyundai Venue SE with Automatic $159 36 $2,399 Southern California Customize Offer
$230 2021 Buick Encore Preferred 1SB (GM/Non-GM Lessees) $199 39 $1,209 National 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 Honda HR-V LX $159 36 $2,699 National Customize Offer
$234 2021 Subaru Impreza 2.0i Sedan with CVT $179 36 $1,979 Los Angeles, CA Customize Offer
$235 2021 Hyundai Accent SE with Automatic $179 36 $1,999 Southern California Customize Offer
$240 2021 Hyundai Elantra SE with Automatic $159 36 $2,899 Southern California Customize Offer
$241 2021 Chevrolet Trailblazer LT FWD (Current GM/Non-GM Lessees) $199 39 $1,629 National 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
$243 2021 Hyundai Kona SEL $179 36 $2,299 Southern California Customize Offer
$245 2021 Hyundai Ioniq Electric Base EV $189 36 $1,999 Southern California Customize Offer
$245 2021 Hyundai Ioniq Plug-In Hybrid SE $189 36 $1,999 Southern California Customize Offer
$246 2021 Nissan Sentra SV $179 36 $2,429 Los Angeles, CA Customize Offer
$247 2021 Hyundai Sonata 2.4L SE $169 36 $2,799 Southern California Customize Offer
$248 2021 Honda HR-V LX AWD $159 36 $3,199 National Customize Offer
$248 2021 Mazda Mazda3 Base 2.0L Sedan with Automatic $179 36 $2,499 Los Angeles, CA Customize Offer
$248 2021 Mazda Mazda3 Base 2.5S Hatchback with Automatic $179 36 $2,499 Los Angeles, CA 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
$252 2021 Mazda CX-3 Sport $169 36 $2,999 Los Angeles, CA Customize Offer
$252 2021 Volkswagen Jetta S 1.4T with Automatic $169 36 $2,999 California 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
$255 2021 Toyota Corolla LE Sedan $199 36 $1,999 Southern California Customize Offer
$255 2021 Toyota Corolla SE Hatchback $199 36 $1,999 Southern California Customize Offer
$257 2021 Chevrolet Equinox LT (Current GM/Non-GM Lessees) $199 39 $2,249 National 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
$260 2021 Hyundai Elantra Hybrid SE with Automatic $179 36 $2,899 Southern California Customize Offer
$266 2021 Mitsubishi Mirage ES CVT $179 36 $3,128 National Customize Offer
$267 2021 Hyundai Sonata Hybrid Base Sedan $189 36 $2,799 Southern California Customize Offer
$268 2020 Kia Niro LX $199 36 $2,499 CA, CO, DE, FL, HI, IL, IN, ME, MI, MN, ND, NE, OH, PA, UT, VT, WI, WY 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 $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 Mazda CX-30 Base $189 36 $2,999 Los Angeles, CA 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 FWD $189 36 $3,299 CA, CO, DE, FL, HI, IL, IN, ME, MI, MN, ND, NE, OH, PA, UT, VT, WI, WY Customize Offer
$281 2021 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
$281 2021 Volkswagen Tiguan S $199 39 $3,199 California 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 LX Hybrid $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 2020 Kia Niro Plug-In Hybrid LX $199 36 $2,999 CA, CO, DE, FL, HI, IL, IN, ME, MI, MN, ND, NE, OH, PA, UT, VT, WI, WY Customize Offer
$291 2022 Kia Sportage LX AWD $199 36 $3,299 CA, CO, DE, FL, HI, IL, IN, ME, MI, MN, ND, NE, OH, PA, UT, VT, WI, WY Customize Offer
$299 2022 Hyundai Tucson SEL $199 36 $3,599 Southern California Customize Offer
$299 2021 Hyundai Santa Fe SE $199 36 $3,599 Southern California Customize Offer

, Automotive Analyst

Kelly Campbell is a SoCal native with a background in marketing, communications, and technical writing. Having spent her entire career in the automotive industry, Kelly brings a wealth of knowledge and enthusiasm for cars to her role as an Automotive Analyst at CarsDirect.

Follow On: Twitter

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