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Luxury Lease Deals Under $500/mo

January 31, 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 Jaguar XE 25t $36,995 $410 92
2 2018 Land Rover Discovery Sport SE $37,795 $420 92
3 2018 BMW 3 Series 320i $38,695 $421 96
4 2019 Lexus NX 300 $37,650 $421 94
5 2019 Audi A3 2.0T Premium $34,645 $423 85
6 2018 BMW X2 sDrive28i $39,295 $428 94
7 2018 Land Rover Range Rover Evoque SE $41,800 $439 95
8 2018 BMW 2 Series 230i $38,695 $441 90
9 2019 Mercedes CLA 250 $35,895 $445 83
10 2019 Audi A4 2.0T Premium $39,895 $453 93
11 2019 Cadillac XT4 Luxury $35,670 $458 85
12 2018 BMW X1 sDrive28i $37,945 $465 85
13 2019 Lexus UX 200 $33,115 $480 84
14 2018 Jaguar E-Pace S P250 $41,500 $481 86
15 2019 Volvo XC40 T4 Momentum $34,695 $486 74
16 2018 Audi Q3 2.0T Premium $37,325 $487 77
17 2019 Cadillac XT5 Preferred $42,570 $493 99
18 2019 Lexus ES 350 $40,790 $499 83
19 2018 Mercedes C-Class C 300 $42,495 $506 86
20 2019 Audi Q5 2.0T Premium $45,445 $549 85
21 2019 Cadillac CTS Preferred $47,870 $549 87
22 2019 Jaguar F-Pace Premium 25t $47,000 $550 86
23 2019 Cadillac ATS Luxury $43,670 $550 79
24 2019 Volvo XC60 T5 Momentum $41,545 $555 76
25 2018 Volvo S90 T5 Momentum $50,440 $581 87
26 2019 Lexus GX 460 $56,310 $587 99
27 2019 BMW X3 sDrive30i $43,045 $588 77
28 2019 Lexus RX L 350 $51,333 $594 99

My Recommendation for Car Shoppers

TrueCar, Edmunds, and 1-800 Car Show 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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