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Brand New Cars for Less Than $300 Per Month

June 21, 2012

For those of you looking to drive a brand new car with low monthly payments, I've gathered a list of vehicles offering lease payments for less than $300 per month.

To make it a fair comparison, I calculated the monthly payments based on $0 down. This way, you won't be misled by manufacturers that advertise low monthly payments but require a large down payment.

Keep in mind these lease deals do not include fees and taxes and most of them are only applicable to the base models.

I recommend you try the free CarWoo Deal Finder when negotiating these leases.

VehicleMonthly PaymentTerm Down Payment $0 Down Monthly PaymentMilesExpires
2012 Honda Civic$169 36$0 $169 120007/9/2012
2012 Toyota Corolla$148 36$1,901 $201 120007/9/2012
2012 Hyundai Accent$169 36$1,530 $212 120007/2/2012
2012 Kia Forte$179 36$1,225 $213 120007/9/2012
2013 Hyundai Accent$169 36$1,730 $217 120007/2/2012
2012 Honda Accord$219 36$0 $219 120007/9/2012
2012 Scion iQ$169 36$1,999 $225 120007/9/2012
2012 Nissan Sentra$179 39$1,820 $226 120007/2/2012
2012 Nissan Versa$179 39$1,820 $226 120007/2/2012
2012 Toyota Yaris$159 36$2,459 $227 120007/9/2012
2012 Chevrolet Equinox$229 24$0 $229 120007/2/2012
2012 Hyundai Elantra$179 36$1,820 $230 120007/2/2012
2012 Hyundai Veloster$179 36$1,820 $230 120007/2/2012
2012 Scion xD$179 36$1,999 $235 120007/9/2012
2012 Chevrolet Cruze$159 24$1,879 $237 120007/2/2012
2013 Hyundai Elantra$179 36$2,120 $238 120007/2/2012
2012 Honda CR-V$239 36$0 $239 120007/9/2012
2012 Mazda MAZDA6$209 36$1,195 $242 120007/2/2012
2012 Toyota RAV4$189 36$1,960 $243 120007/9/2012
2012 Scion xB$189 36$1,999 $245 120007/9/2012
2012 Chevrolet Malibu$179 24$1,589 $245 120007/2/2012
2012 Hyundai Sonata$199 36$1,800 $249 120007/2/2012
2012 Toyota Camry$199 36$1,950 $253 120007/9/2012
2012 Volkswagen Golf$199 36$1,999 $255 120007/2/2012
2012 Hyundai Elantra Touring$199 36$2,000 $255 120007/2/2012
2013 Mazda MAZDA6$229 36$999 $257 120007/2/2012
2013 Hyundai Sonata$199 36$2,100 $257 120007/2/2012
2012 Jeep Patriot$199 39$2,300 $258 120007/2/2012
2012 Suzuki Grand Vitara$199 48$2,976 $261 100007/2/2012
2012 Scion tC$209 36$1,999 $265 120007/9/2012
2012 Suzuki Kizashi$189 36$2,799 $267 100007/2/2012
2012 Chrysler 200$199 39$2,800 $271 120007/2/2012
2012 Mitsubishi Lancer$189 24$1,999 $272 120007/31/2012
2012 Suzuki SX4$179 36$3,437 $274 100007/2/2012
2012 Jeep Compass$219 39$2,280 $277 120007/2/2012
2012 Toyota Prius c$219 36$2,130 $278 120007/9/2012
2012 Mitsubishi Lancer Sportback$196 24$1,999 $279 120007/31/2012
2012 MINI Cooper Clubman$249 36$1,191 $282 100007/2/2012
2012 Mitsubishi Outlander Sport$219 36$2,299 $283 120007/31/2012
2012 Honda Odyssey$289 36$0 $289 120007/9/2012
2012 Chevrolet Traverse$249 24$1,149 $297 120007/2/2012
2012 Buick Verano$239 24$1,399 $297 120007/2/2012
2013 Mazda CX-5$239 36$2,165 $299 120007/2/2012

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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