Bigger Is Often Better With Lease Deals Ahead Of Labor Day

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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 - August 5, 2019

Lease deals ahead of Labor Day will likely confuse shoppers accustomed to using the MSRP to help determine what they can and can't afford. Based on our analysis of over 300 of the latest offers, a clear trend appears to be that bigger is often better when choosing a lease on a new car or SUV.

For example, the Cadillac XT5 is eligible for a $399/month Sign & Drive lease through September 3. It may be hard to believe, but that makes it substantially cheaper than the smaller XT4, which has an effective cost of $506/month based on $369 for 36 months and $4,919 due at signing.

Similarly, the 2019 Acura MDX is listed at $409 for 36 months with $2,499 at signing, an effective cost of $478 before taxes & fees. The RDX is listed at $409 for 36 months with $2,999 at signing, or $492/month. That makes the MDX $14 cheaper even though its MSRP is $6,900 more expensive.

Acura MDX

"Bigger is better" can sometimes also apply to what's under the hood. For example, the 300 hp turbocharged Infiniti Q50 can now be leased from $299 for 39 months with $3,699 due at signing, or $394/month. That makes it $58/month more affordable than the 241 hp Lexus IS 300 here in California ($452).

Think cheap cars can be a great deal when leasing? Think again. The Nissan Kicks may be the most affordable SUV with auto emergency braking, but it's an awful vehicle to lease. The Kicks SV is listed at $275 for 36 months with $1,835 at signing, or $326/month.

At the same time, the Murano S can be leased from $259 for 36 months with $2,049 at signing, an effective cost of $316. That makes the Murano over $10,000 more expensive on paper but $10 cheaper to lease. Here, you don't necessarily have to spend more to get more.

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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.

Follow On: Twitter

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