The Best "Bang for Your Buck" Lease Deals
This is when manufacturers discount the price of the car, increase the residual value, and lower the money factor - all of which combine to create an incredible lease deal.
The best part - everything is already pre-negotiated so you don't have to haggle with a salesman.
Although, if you really want to maximize savings, some dealers may lower the capitalized cost (price of the vehicle) even below the manufacturer's pre-negotiated terms.
The following are the top 10 best "bang for your buck" lease deals currently offered.
We calculated these lease deals using our "Is it a Good Lease Deal?" method, where we determine how much you pay per $10,000 worth of vehicle.
Any lease deals that fall below $150 per $10k are usually a decent lease deal. The ones we list are all below $115!
|Rank||Vehicle||MSRP||Term||Monthly Payment w $0 Down||Per $10K of MSRP|
|2||2012 Chevrolet Malibu||$22,755||39||$234||$103|
|3||2012 Honda Crosstour EX-V6||$31,150||36||$327||$105|
|4||2011 Infiniti G25 Sedan||$35,295||39||$380||$108|
|5||2011 Nissan Frontier SV||$26,530||39||$286||$108|
|6||2011 Toyota Camry LE||$23,660||36||$260||$110|
|7||2011 BMW 328i||$38,125||36||$425||$111|
|8||2011 Infiniti G37 Journey||$38,845||39||$433||$112|
|9||2011 Acura TSX||$30,495||36||$346||$114|
|10||2011 Toyota Corolla LE||$20,410||36||$233||$114|
Keep in mind that leases are not for everyone. In general, if you like to switch cars every 3 or 4 years, have good credit, and drive less than 15,000 miles per year, then leasing is a good choice.
Read our section on Car Leasing to help you decide if it's right for you.
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