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6 Car Leases Under $200/Month

Some car shoppers just want reliable transportation at the cheapest price. Well, nothing is more reliable than leasing a new car - the warranty guarantees you'll be covered bumper to bumper as long as you stick to a 36-month lease.

Using data I gathered through Carvoy.com, I found 6 models that are possible to lease for under $200 per month with zero down payment (not including tax and dealer fees). The 2017 Hyundai Elantra SE is leasing for as low as $135 per month!

Check out the full list below. If you live in the New York tri-state area, Carvoy can arrange these deals for you and even deliver the car to your door - I've had readers test out their service and I highly recommend them. If you live outside the NY area, simply use these lease prices to negotiate similar terms with your local dealers.

The Cheapest Lease Deals

VehicleMSRP Monthly Payment w $0 Down
2017 Hyundai Elantra SE$20,145 $135
2017 Nissan Sentra S$19,125 $145
2016 Smart ForTwo Pure$15,750 $157
2017 Volkswagen Jetta 1.4T S$20,085 $170
2016 Nissan Altima 2.5 S$24,495 $170
2017 Hyundai Sonata SE$22,910 $171

3 Steps Every Car Buyer Needs to Take to Save Maximum Money

The 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 Network

Select 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).
Select Vehicle to Get Local Pricing

Step 2 Get Prices From TrueCar / CarsDirect

TrueCar, 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 Checklist

Follow this up with my checklist to make sure you squeeze out every last bit of savings.
- Gregg Fidan

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About The Author

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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