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Luxury Lease Deals Under $500/mo

May 30, 2019

If you'd like to drive a luxury vehicle, but are scared of the high monthly payments, a lease may be a good option if you know where to look.

That's where I can help. This week, I collected all advertised luxury lease deals with monthly payments of less than $500 per month. To make it a fair apples to apples comparison, I calculated each one with $0 down payment. Keep in mind, these payments don't include tax, title, and dealer fees, which could add another $50 to $100 to the payment depending on your location.

Take a look at the list below, you may be surprised which vehicles you can get for less than $500 per month, and keep in mind that you may be able to negotiate these prices even further (that's why I included advertised lease deals that go up to $600/month). Also keep in mind that your local region may not have the same advertised lease deal (although it should be close).

The last column, "Bang for Buck" shows you whether this deal is a good value based on the MSRP of the vehicle. The higher, then better. Anything close to 100 is a really good deal. Anything below 75 is not good.

As always, I recommend using TrueCar No Haggle and Edmunds Price Promise to see the lowest prices your local dealers are willing to offer.

Rank Vehicle Trim MSRP Monthly Payment $0 Down Bang for Buck
1 2019 Audi A4 2.0T Premium $40,505 $395 102
2 2019 Mercedes CLA 250 $35,895 $396 93
3 2019 Jaguar XE 25t $36,995 $398 97
4 2019 Lexus UX 200 $33,303 $403 92
5 2019 Lexus NX 300 $38,033 $432 88
6 2019 Land Rover Discovery Sport SE $37,990 $436 90
7 2019 Audi A3 2.0T Premium $37,745 $439 88
8 2019 Mercedes A-Class A 220 $34,045 $451 76
9 2019 Lexus ES 350 $40,625 $452 90
10 2019 BMW 2 Series 230i $38,895 $461 90
11 2019 Lexus RX 350 $45,235 $471 101
12 2019 Cadillac XT4 Premium Luxury $41,165 $476 86
13 2019 BMW X2 sDrive28i $40,295 $478 99
14 2019 BMW X1 sDrive28i $38,995 $488 83
15 2019 Alfa Romeo Giulia Ti $41,590 $492 91
16 2019 Volvo XC40 T4 Momentum $34,695 $493 73
17 2019 Jaguar E-Pace S P250 $41,200 $509 81
18 2019 Audi Q7 2.0T Premium $56,265 $513 110
19 2020 Land Rover Range Rover Evoque S $42,650 $524 94
20 2019 BMW X3 sDrive30i $43,045 $528 84
21 2019 Mercedes C-Class C 300 $43,995 $534 83
22 2019 BMW 3 Series 330i $44,145 $535 106
23 2019 Cadillac XT5 Standard $46,565 $550 93
24 2019 Jaguar F-Pace Premium 25t $47,250 $557 85
25 2019 BMW 4 Series 430i $47,945 $558 97
26 2019 Audi Q5 2.0T Premium $45,445 $559 91
27 2019 Cadillac ATS Luxury $44,665 $560 80
28 2019 Volvo XC60 T5 Momentum $41,545 $563 75
29 2019 Lexus GX 460 $57,070 $577 104
30 2019 Audi A5 Sportback 2.0T Premium $45,195 $607 79
31 2019 Volvo XC90 T5 Momentum $50,090 $611 84
32 2019 Cadillac CTS Luxury $56,565 $617 92
33 2019 BMW 5 Series 530i $56,345 $639 92
34 2019 Cadillac CT6 Premium Luxury $64,465 $647 100
35 2019 Volvo S90 T5 Momentum $49,740 $661 76
36 2019 BMW X4 xDrive30i $52,995 $668 82
37 2019 Land Rover Discovery SE $52,950 $668 79
38 2019 Land Rover Range Rover Velar S P250 $54,700 $678 81
39 2019 Lexus GS 350 F Sport $60,240 $684 90
40 2019 Audi A6 3.0T Premium $59,895 $694 86
41 2019 BMW X6 sDrive35i $66,245 $732 93
42 2019 Audi Q8 3.0T Premium $70,705 $809 87
43 2018 Mercedes GLC AMG 43 $57,245 $813 79
44 2019 Cadillac XTS Luxury $54,765 $814 67
45 2018 Lexus LS 500 $85,385 $846 101
46 2019 BMW 6 Series 640i xDrive Gran Turismo $73,545 $847 89
47 2019 BMW X5 xDrive40i $63,395 $872 75
48 2019 Land Rover Range Rover Sport SE $68,500 $914 75
49 2019 Maserati Ghibli $76,475 $940 85
50 2019 BMW 7 Series 740i $86,345 $944 100
51 2018 Mercedes GLE AMG 43 $68,345 $954 76
52 2018 Mercedes E-Class AMG E 43 $73,315 $994 80
53 2019 Maserati Levante $77,475 $998 82
54 2019 Lexus LX 570 2-row $89,514 $1,002 92
55 2019 Mercedes GLS 450 4MATIC $74,975 $1,006 75
56 2019 Mercedes CLS 450 $71,695 $1,040 69
57 2019 Cadillac Escalade Luxury $85,965 $1,078 80
58 2019 BMW X7 xDrive40i $78,595 $1,090 74
59 2019 Audi A8 L 3.0T $84,795 $1,116 76
60 2019 Alfa Romeo Stelvio Quadrifoglio $81,590 $1,229 86
61 2019 Mercedes S-Class S 450 $97,245 $1,342 72
62 2019 Maserati Quattroporte S $109,675 $1,342 82

My Recommendation for Car Shoppers

TrueCar and Edmunds 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.
- Gregg Fidan

Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
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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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