Best Cars to Lease Right Now
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-Compact||Honda Fit|
|Best Compact||MINI Cooper|
|Best Mid-Size||Honda Accord|
|Best Full-Size||Ford Taurus|
|Best Wagon||Subaru Outback|
|Best Sports Car||Subaru Impreza WRX|
|Best High-Performance Car||Ford Mustang|
|Best Compact Utility Vehicle||Honda CR-V|
|Best Mid-Size Utility Vehicle||Toyota FJ Cruiser|
|Best Full-Size Utility Vehicle||GMC Acadia|
|Best Van||Toyota Sienna|
|Best Luxury Car||Audi A5|
|Best Full-Size Pickup||Ford F-Series Super Duty|
3 Steps Every Car Buyer Needs to Take to Save Maximum MoneyThe key to getting the best deal is to gather price or lease bids from as many local dealers as possible. Then shop that best price around until no one can beat it. Here are the steps:
Step 1 Get Prices From My Trusted NetworkSelect the vehicle you're interested in to see if there are local dealers in my network who will provide you with their best upfront price. You will get direct access to an internet sales manager who you can further negotiate with online (no need to visit dealership).
Step 2 Get Prices From TrueCar / CarsDirectTrueCar, and CarsDirect are my top 2 online price quote recommendations. These services show you pre-negotiated prices from dealers closest to you - and the deals are usually pretty decent. But remember, you can still negotiate further.
Step 3 Complete my ChecklistFollow 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...
- Best Rebates, Incentives, and Lease Deals
- Latest Car Buying Scams and Tricks
- The Best & Worst Time to Buy a Car
- Which Cars You Should Avoid