Best Car Lease Deals This Month

If what you are seeking in life is the best car lease you can get, you might find exactly what you want this month. Consumers looking for an affordable car lease right are likely to find not only find a car to love but also a lease payment to love, according to data compiled by Wantalease.com, the nation’s first online marketplace for new auto lease deals.  The website says prices on most of today’s popular leases have held steady from last month, and last month’s lease deals were very favorable to the consumer. In all, 24 make-models (e.g. Honda Accord) maintained their monthly lease payments and terms from the previous month. For those shopping the economy end of the new-car market, 16 make-models are currently offered for $200/month or less, and three vehicles are currently offered for less than $150/month.

Among popular choices, the Honda Civic LX, Volkswagen Passat 1.8T S and Volkswagen Jetta S are all currently leasing for less than $150 per month on Wantalease.com. In fact, the Volkswagen Jetta S is now being leased at an eye-popping $109 per month, making it the most affordable lease vehicle for October.  At that price point, the Jetta S monthly lease payment has decreased in price by 5.78% since last month.

Looking for prestige at a bargain price?  Three “entry-level” luxury cars are currently offered at less than $300/month. The Audi A3 2.0T FWD Premium and the Lexus IA 200t (turbo) are DT Editors’ favorites and both are priced at $299/month. If 300 bucks is too rich for your blood, the Acura ILX small sedan is currently being leasing at $199 per month, the same price it has maintained since August of this year.  The softening car market and some weakness in Acura sales has prompted the continuing “sale” on the ILX.

The Ram 1500 Express Crew Cab 4X4 with the 5'7'' cargo box was the vehicle that saw the largest price drop in October. If you are looking for a lot of vehicle for your money, it is currently offered at $189/month. That represents a whopping 39.58% decrease in price compared to last month, making it the most affordable vehicle in the large pickup segment. On the other side of the ledger, the Toyota Corolla SE compact sedan saw the largest increase in monthly payment.  The $199/month lease payment represents a18.65% increase versus the September payment.

“Prices on popular leased vehicles are remaining steady as we head into fall,” said Scot Hall, executive vice president of Wantalease.com. “As the holiday season approaches, as well as end-of-year deals, more dealers will try to find ways to attract lease shoppers looking for presents for loved ones or just a good deal on a vehicle to close out 2017.”

by Eric C. Nerad for DrivingToday