Best $199 Lease Deals: June 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.

Follow On: Google+ | Website

, Senior Pricing Analyst - June 7, 2018

This month, we found 53 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 ahead of the 4th of July holiday. Also be sure to check out our monthly analysis of over 500 leases. Offers are available nationally unless noted otherwise.

Best $199-And-Under Car Leases

  • Payment: $149 for 36 months
  • Yearly Mileage: 12,000 miles
  • Amount Due at Signing: $2,299
  • Effective Monthly Cost: $213
  • MSRP: $19,195
  • Expiration: July 5, 2018
  • Your Price: Get Custom Quote

What's Hot: After a $10 price cut May, the 2018 Fit Sport remains one of the cheapest leases on a car. Its effective cost is now $52/month less than a Ford Fiesta despite a nearly $1,800 difference in MSRP.

What's Not: To get more advanced safety features like automatic emergency braking, you'll have to add the optional $1,000 Honda Sensing Package.

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: July 5, 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: This is for a base model with leatherette seats. Adding features like perforated leather seating, a better audio system and blind spot monitor requires opting for the Premium Package.

Back to top of page

Best $199-And-Under SUV Leases

  • Payment: $179 for 36 months
  • Yearly Mileage: 10,000
  • Amount Due at Signing: $2,699
  • Effective Monthly Cost: $254
  • MSRP: $25,495
  • Expiration: July 9, 2018
  • Your Price: Get Custom Quote

What's Hot: Despite being an over $25,000 vehicle, the Tiguan is actually $1/month more to lease than a Honda HR-V even though there's a $4,030 difference in sticker price.

What's Not: This is a regional deal available in western states like California, Utah and Nevada. Offers in other parts of the country may be more expensive.

  • Payment: $199 for 36 months
  • Yearly Mileage: 12,000 miles
  • Amount Due at Signing: $2,699
  • Effective Monthly Cost: $274
  • MSRP: $27,560
  • Expiration: July 2, 2018
  • Your Price: Get Custom Quote

What's Hot: Although the Rogue has never really been a great deal when leasing, last month's $1,100 cut in the amount due at signing made it a very good value given its MSRP of $27,560.

It may be hard to believe, but the effective cost of the Rogue S with all-wheel drive is now at least $87/month cheaper than a regular Nissan Altima S despite a $2,590 difference in MSRP.

What's Not: This is a regional offer in Los Angeles. Deals in other parts of the country may vary.

Back to top of page

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
$190 2018 Subaru Impreza 2.0i Sedan Manual (Los Angeles) $135 36 $1,979 Los Angeles Get Details
$213 2018 Honda Fit LX $149 36 $2,299 National Get Details
$213 2018 Honda Fit Sport $149 36 $2,299 National Get Details
$214 2018 Volkswagen Jetta 1.4T S Manual $149 36 $2,349 Western States Get Details
$223 2018 Honda Fit EX $159 36 $2,299 National Get Details
$225 2018 Hyundai Elantra SE Automatic $169 36 $1,999 Los Angeles Get Details
$225 2018 Subaru Impreza 2.0i Sedan Manual (National) $169 36 $1,999 National Get Details
$234 2018 Volkswagen Jetta 1.4T S Automatic $169 36 $2,349 Western States Get Details
$235 2018 Ford C-Max Hybrid SE 200A $179 36 $1,999 California 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 LE $179 36 $1,999 Southern California Get Details
$245 2018 Ford Focus Electric Base $189 36 $1,999 California Get Details
$245 2018 Honda Civic 2.0 LX Sedan $189 36 $1,999 National Get Details
$245 2018 Honda Civic 2.0 LX Coupe $189 36 $1,999 National Get Details
$245 2018 Mazda CX-3 Sport FWD $189 36 $1,999 Los Angeles Get Details
$245 2018 Toyota Corolla SE $189 36 $1,999 Southern California Get Details
$245 2018 Toyota Corolla iM Base $189 36 $1,999 Southern California Get Details
$248 2018 Honda Fit EX-L $179 36 $2,499 National Get Details
$248 2019 Volkswagen Jetta 1.4T S with Manual $179 36 $2,499 National Get Details
$249 2018 Chevrolet Trax [CA and Select Regions] 1LT FWD (Conquest) $189 39 $2,349 Select Regions 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
$252 2018 Volkswagen Tiguan Limited 2.0T Limited $169 36 $2,999 Western States 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
$254 2018 Volkswagen Tiguan 2.0T S FWD $179 36 $2,699 Western States Get Details
$255 2018 Ford EcoSport SE FWD 200A w/Convenience Pkg $199 36 $1,999 California 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 Mazda Mazda3 Sport Sedan with Automatic $199 36 $1,999 Los Angeles Get Details
$255 2018 Toyota C-HR XLE $199 36 $1,999 Southern California Get Details
$258 2019 Volkswagen Jetta 1.4T S with Automatic $189 36 $2,499 National 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
$260 2018 Toyota Yaris iA Base (New York) $199 36 $2,199 New York Get Details
$263 2019 Hyundai Veloster Base with Manual $199 36 $2,299 California Get Details
$266 2018 Hyundai Kona SEL FWD $199 36 $2,399 National Get Details
$267 2018 Honda Fit EX-L Navigation $189 36 $2,799 National Get Details
$267 2018 Subaru Legacy 2.5i CVT (Los Angeles) $195 36 $2,605 Los Angeles Get Details
$268 2018 Acura ILX Base 8-Spd DCT $199 36 $2,499 National Get Details
$268 2018 Kia Optima LX 2.4 $199 36 $2,499 California Get Details
$272 2018 Honda HR-V LX AWD $189 36 $2,999 National Get Details
$274 2018 Nissan Rogue S AWD (Plus $500 Holiday Bonus) $199 36 $2,699 Los Angeles Get Details
$274 2018 Volkswagen Tiguan 2.0T S 4MOTION $199 36 $2,699 Western States Get Details
$277 2018 Kia Sorento L 2.4 FWD $199 36 $2,799 California Get Details
$283 2018 Mitsubishi Mirage ES CVT $189 36 $3,388 National Get Details
$288 2018 Chevrolet Trax [CA and Select Regions] 1LT FWD $189 39 $3,849 Select Regions Get Details
$289 2018 Chevrolet Cruze [CA and Select Regions] LT Sedan $199 39 $3,519 Select Regions Get Details
$293 2018 Mitsubishi Mirage G4 ES CVT $199 36 $3,398 National Get Details
$307 2018 Chevrolet Trax [National] 1LT FWD $199 39 $4,229 National Get Details
$312 2018 Buick Encore Base FWD 1SB $199 39 $4,399 Los Angeles Get Details

Back to top of page

, 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