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Best Cars to Lease Right Now

March 31, 2011

Best cars to leaseThe fundamental rule of thumb for car leasing is that vehicles with projected high resale values make the best lease vehicles.

That's because future resale value — called residual value in leasing — is one of the primary factors in determining monthly lease payments.

The higher the residual value, the lower the lease payment.

Any vehicle whose resale value after 3 years is 55% or more of its MSRP is a good lease choice.

Kelly Blue Book's Best Resale Value Awards lists those expected to retain the highest percentage of original list price — which means they're a good choice for lease or purchase.

Highlights from the list:

Best Sub-CompactHonda Fit
Best CompactMINI Cooper
Best Mid-SizeHonda Accord
Best Full-SizeFord Taurus
Best WagonSubaru Outback
Best Sports CarSubaru Impreza WRX
Best High-Performance CarFord Mustang
Best Compact Utility VehicleHonda CR-V
Best Mid-Size Utility VehicleToyota FJ Cruiser
Best Full-Size Utility VehicleGMC Acadia
Best VanToyota Sienna
Best Luxury CarAudi A5
Best Full-Size PickupFord F-Series Super Duty

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My Recommendation for Car Shoppers

TrueCar No-Haggle and Edmunds Price Promise are the quickest way to see the lowest car prices in your area. These sites show you no-haggle prices from dealers closest to you - and the deals are usually really good. This should be the first step you take when negotiating your car price. Follow this up with my checklist to make sure you squeeze out every last bit of savings.

California Residents - Important:

There is a new online car buying service called Roadster, available only to California residents, which I highly recommend you try - especially if you hate the stress of haggling with a car salesman. They provide an expert concierge who negotiates the price of the car and delivers it to your home with zero hassle - you never have to interact with a dealership. Here is my in-depth review of Roadster and why I recommend it.

- Gregg Fidan

Gregg Fidan

About: Gregg Fidan

Gregg Fidan + is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.

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