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Luxury Lease Deals Under $500/mo

August 1, 2019

If you'd like to drive a luxury vehicle, but were 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 or higher than 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 Cadillac XT5 Standard $43,565 $389 112
2 2019 Mercedes CLA 250 $35,895 $396 93
3 2019 Jaguar XE 25t $36,995 $398 97
4 2019 Audi A4 2.0T Premium $39,895 $398 102
5 2019 Lexus UX 200 $33,374 $403 85
6 2019 Lexus NX 300 $37,950 $432 90
7 2019 Land Rover Discovery Sport SE $37,990 $436 90
8 2019 Audi A3 2.0T Titanium Premium $36,245 $439 89
9 2019 Mercedes A-Class A 220 $34,045 $441 78
10 2019 BMW X2 sDrive28i $40,295 $448 94
11 2019 BMW 2 Series 230i $38,895 $451 92
12 2019 Lexus ES 350 $40,625 $452 90
13 2019 Lexus RX 350 $46,735 $471 105
14 2019 BMW X1 sDrive28i $38,995 $478 85
15 2019 BMW 3 Series 330i xDrive $47,395 $488 100
16 2019 Volvo XC40 T4 Momentum $34,695 $493 73
17 2019 Cadillac XT4 Premium Luxury $41,165 $495 83
18 2019 Jaguar E-Pace S P250 $41,200 $499 83
19 2019 Audi Q3 2.0T Premium $37,295 $499 79
20 2019 BMW X3 sDrive30i $43,045 $508 87
21 2019 Audi Q5 2.0T Premium $45,445 $509 89
22 2019 Mercedes C-Class C 300 $43,995 $514 86
23 2019 Cadillac CTS Standard $48,865 $520 94
24 2020 Land Rover Range Rover Evoque S $42,650 $524 81
25 2019 Jaguar F-Pace Premium 25t $47,250 $528 89
26 2019 Mercedes GLC 300 $42,945 $535 86
27 2019 BMW 4 Series 430i $47,945 $538 97
28 2019 Cadillac ATS Luxury $44,665 $570 78
29 2019 Volvo XC60 T5 Momentum $41,545 $573 78
30 2019 Lexus GX 460 $54,280 $577 103
31 2019 Audi A5 Sportback 2.0T Premium $46,695 $604 77
32 2019 BMW 5 Series 530e $56,345 $609 96
33 2019 Volvo XC90 T5 Momentum $50,090 $611 84
34 2019 Cadillac CT6 Premium Luxury $59,965 $635 98
35 2019 Audi Q7 2.0T Premium $55,395 $649 94
36 2019 Land Rover Range Rover Velar S P250 $54,700 $649 84
37 2019 Volvo S90 T5 Momentum $49,740 $661 76
38 2019 Mercedes E-Class E 300 $54,495 $662 83
39 2019 Audi A6 3.0T Premium $61,795 $663 93
40 2019 BMW X4 xDrive30i $52,995 $668 82
41 2019 Land Rover Discovery SE $52,950 $668 79
42 2019 Lexus GS 350 F Sport $60,240 $674 90
43 2019 BMW X6 sDrive35i $66,245 $702 97
44 2019 Cadillac XTS Standard $48,765 $745 65
45 2019 Mercedes GLE 400 4MATIC $60,595 $793 76
46 2019 BMW 6 Series 640i xDrive Gran Turismo $73,545 $817 92
47 2019 BMW X5 xDrive40i $63,395 $872 75
48 2019 Maserati Ghibli $76,475 $891 89
49 2019 Land Rover Range Rover Sport SE $68,500 $914 75
50 2019 BMW 7 Series 740i $86,345 $914 99
51 2019 Audi Q8 3.0T Premium $68,395 $923 74
52 2019 Lexus LS 500 $79,748 $942 88
53 2019 Lexus LX 570 2-row $89,200 $943 96
54 2019 Maserati Levante $77,475 $998 82
55 2019 Mercedes GLS 450 4MATIC $74,975 $1,006 75
56 2019 Mercedes CLS 450 $71,695 $1,014 71
57 2019 Alfa Romeo Giulia Quadrifoglio $75,840 $1,048 102
58 2019 Audi A8 L 3.0T $86,795 $1,075 81
59 2019 BMW X7 xDrive40i $78,595 $1,090 74
60 2019 Alfa Romeo Stelvio Quadrifoglio $81,590 $1,122 94
61 2019 Cadillac Escalade Luxury $85,965 $1,122 79
62 2019 Mercedes S-Class S 450 $97,245 $1,310 76
63 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

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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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