Best Car Lease Deals
- Monthly Payment: $139 for 36 months
- Amount Due at Signing: $2,499
- Effective Cost: $208/month
- MSRP: $20,275
- Annual Mileage: 10,000 miles/year
Still the cheapest. The 2020 Elantra SE remains the cheapest car you can lease. Although a $500 Independence Day bonus is gone, the Elantra can still be leased for an effective cost just over $200/month before taxes & fees. Nothing comes close when it comes to affordability.
For reference, that's almost $50 (per month!) cheaper than a 2020 Toyota Corolla LE ($255). Leasing an Elantra SE can get you access to as much as $4,000 in savings versus just $2,000 for buying. Examples featured here are based on Southern California but expect similar prices elsewhere, too. Offer ends August 3. Customize Your Offer »
- Monthly Payment: $179 for 36 months
- Amount Due at Signing: $2,299
- Effective Cost: $243/month
- MSRP: $22,445
- Annual Mileage: 12,000 miles/year
Complimentary payment. One of the sportiest small cars is now one of the best deals. At $243/month, the effective cost of the Mazda3 Sedan is cheaper than a Toyota Corolla LE ($265) despite a higher MSRP on paper. Even better, Mazda is offering to cover your first month's payment by up to $500.
If you're a current Mazda owner, you may also qualify for a $750 loyalty discount. Just be aware that the featured offer is for a base configuration of the sedan with an automatic transmission. Prices for the sleek hatchback variant (pictured) start quite a bit higher with an effective cost of $293/month.
Examples above are based on Southern California available through August 3. Customize Your Offer »
Best SUV Lease Deals
- Monthly Payment: $330 for 36 months
- Amount Due at Signing: $0
- Effective Cost: $330/month
- MSRP: $28,680
- Annual Mileage: 12,000 miles/year
Sign & Drive. Honda cut prices across the board on the 2020 CR-V earlier this summer. Sign & Drive deals remain in place, but you can now lease an LX from as little as $310/month. However, we consider the $330/month deal on the EX to be a superior value given that its MSRP is normally $2,500 more expensive.
Note that Honda is also offering a $750 loyalty discount on the CR-V to select customers this month. However, the fine print limits it to traditional leases and specifically excludes Sign & Drive promos. The featured offer is available nationally through August 31. Customize Your Offer »
- Monthly Payment: $259 for 39 months
- Amount Due at Signing: $1,498
- Effective Cost: $301/month
- MSRP: $29,595
- Annual Mileage: 10,000 miles/year
Bonus for switching. The nearly $30,000 GMC Terrain SLE can be a stellar bargain if you're switching brands. That's because GM is offering a $2,000 conquest bonus that can lower the amount due at signing to $1,498. As a result, the effective cost of this deal comes out to just over $300/month.
At this price, the Terrain can be over $50/month cheaper than vehicles like the 2020 Toyota RAV4 LE ($355). Just be aware that those not eligible for the bonus will most likely have to make up for it with a higher down payment. Alternatively, the Terrain is eligible for Employee Pricing when buying.
The comparisons here are based on offers in Southern California. However, the deal on the Terrain is available nationally through August 3. Customize Your Offer »
- Monthly Payment: $209 for 36 months
- Amount Due at Signing: $2,899
- Effective Cost: $290/month
- MSRP: $27,415
- Annual Mileage: 10,000 miles/year
Still the best bargain. The 2020 Santa Fe SE remains the cheapest midsize SUV you can lease. In fact, its effective cost of $290/month makes it $65 (per month!) cheaper than compact SUVs like the Toyota RAV4 LE, proving that leasing can get you a lot more car for a lot less money.
Believe it or not, the Santa Fe is a far better value than Hyundai's other SUVs. At $290/month, it's just $6 more than a 2020 Tucson SE ($284). As a result, some may find the Santa Fe to be a really smart upgrade right now for roughly the same amount of money.
Examples here are based on a Los Angeles location but expect to see similar prices elsewhere through August 3. Customize Your Offer »
Best Luxury Car Lease Deals
- Monthly Payment: $309 for 36 months
- Amount Due at Signing: $3,999
- Effective Cost: $420/month
- MSRP: $40,355
- Annual Mileage: 10,000 miles/year
A great value. Last month's outstanding lease on the Lexus IS 300 has been extended. With an effective cost of $420/month, it remains over $100 (per month!) more affordable than BMW's cheapest advertised lease on the 2020 3-Series ($530 for the 330i).
However, shoppers should be aware that the IS can be harder to find than models like the Lexus NX. As a result, your ability to take advantage of this offer may be limited. Will deals improve ahead of the release of the redesigned 2021 IS? That remains unclear.
The offer above is available in western states through August 3. Customize Your Offer »
Best Luxury SUV Lease Deals
- Monthly Payment: $339 for 36 months
- Amount Due at Signing: $2,999
- Effective Cost: $422/month
- MSRP: $38,735
- Annual Mileage: 10,000 miles/year
A $10 price cut. The Lexus NX is now advertised at $339 for 36 months for the 4th of July holiday. That's $10 cheaper than before, resulting in an effective cost of $422/month. That's actually cheaper than recent offers on the Mercedes-Benz GLA despite a higher MSRP for the NX.
Like all Lexus models, the NX also comes with 2 years of free routine maintenance. Examples above are based on offers in western states available through August 3. Customize Your Offer »
- Monthly Payment: $319 for 39 months
- Amount Due at Signing: $2,898
- Effective Cost: $393/month
- MSRP: $43,195
- Annual Mileage: 10,000 miles/year
A bonus for lessees. The 2020 Enclave offers a whopping $2,500 discount simply for coming from another lease. With the discount, the effective cost of an Enclave 1SL comes out to just $393/month. Although last month's Sign & Drive deal is gone, buyers can potentially lease a $43,000 SUV for under $400/month.
That said, expect to see a higher down payment if you aren't eligible for the bonus. For reference, competitors like the 2020 Lexus RX start well over $100/month higher ($530) and don't offer the same incentive to switch Alternatively, shoppers should know Buick is now offering Employee Pricing when purchasing.
Examples above are for California but expect to see similar prices elsewhere through August 3. Customize Your Offer »
- Monthly Payment: $409 for 36 months
- Amount Due at Signing: $2,999
- Effective Cost: $492/month
- MSRP: $45,525
- Annual Mileage: 10,000 miles/year
Still a great deal. With $7,200 in savings, the 2020 Acura MDX can be an outstanding value when leased. You can even get a $500 bonus for switching brands, bringing the total discount as much as $7,700. This continues to be the best price we've seen to date.
Interestingly, better-equipped versions of the MDX with either the Tech or Advance Packages qualify for an even larger discount of $8,750. Alternatively, a $2,000 loyalty discount can result in extreme savings. You won't see deals that good on a BMW X5 or Lexus RX.
Examples above are for California but expect to see similar prices elsewhere through September 8. Customize Your Offer »
Best Truck Lease Deals
- Monthly Payment: $309 for 39 months
- Amount Due at Signing: $0
- Effective Cost: $309/month
- MSRP: $36,220
- Annual Mileage: 10,000 miles
Sign & Drive. Once again, Chevy is offering to cover your first month's payment on the new Silverado with no down payment required. In the case of the 2020 Custom 4x2 V6 Crew Cab, that can cost as little as $309/month. That's the cheapest lease we've seen to date.
That said, the deal includes a $1,500 bonus you can only get when coming from another GM lease or that of a competitor. If you aren't eligible, expect to pay a higher price. This is a national offer available through August 3. Customize Your Offer »