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
|Vehicle||MSRP||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 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