Best Lease Deals in New York
Last year I asked my readers to test out a new leasing service based out of New York, called Carvoy, which offers pre-negotiated lease deals on most makes and models. Several readers tested out the service - and all reported positive experiences. Many commented on the excellent customer service.
Carvoy recently gave me access to all of their data so I can analyze which of their pre-negotiated leases offer the best bang for your buck. For example, below you'll find the best average "bang for your buck" lease deals in the NY tri-state area available right now. (This is based on the average for that particular model - different trims will be more or less than the average, but should be in close range).
To make it easy for you to compare these lease deals to other lease quotes you may get elsewhere, I calculated the Average Monthly Payment column with $0 down payment PLUS acquisition fee included on a standard 36 month, 12,000 mile per year lease. That means tax, registration, and dealer fees ARE NOT INCLUDED in the monthly payment - this is because when you ask for a no-money down lease quote from other dealers or sources, they will generally not include tax and dealer fees in their quote.
A note on the "Bang for the Buck" column - the number indicates how much MSRP you get for each dollar you spend on the monthly payment. The higher, the better. Anything above 100 is considered an excellent deal.
Note: These are all based on actual, pre-negotiated deals available on the Carvoy site. These deals are based on the average lease deals across all trim levels - that means you can get better deals than what's published below depending on which trim you want. You have the option to get a custom lease quote with different terms and mileages.
Best Leases by Average "Bang for the Buck"
|Rank||Vehicle||Avg MSRP||Term||Miles||Avg Monthly Payment w $0 Down||Bang for Buck|
|1||2018 Kia Soul EV||$35,060||36||12K||$221||159|
|2||2018 Honda Clarity Plug-In Hybrid||$36,426||36||12K||$299||122|
|3||2018 Volvo S90||$59,566||36||12K||$546||111|
|4||2018 Kia Optima Plug-In Hybrid||$36,155||36||12K||$330||110|
|5||2018 Volvo S60||$41,987||36||12K||$384||110|
|6||2018 Nissan LEAF||$35,050||36||12K||$323||108|
|7||2018 Nissan Sentra||$23,248||36||12K||$215||108|
|8||2018 Nissan Rogue Sport||$26,840||36||12K||$250||107|
|9||2018 Acura ILX||$29,095||36||12K||$277||105|
|10||2018 BMW i3||$53,816||36||12K||$515||105|
|11||2019 INFINITI QX60||$51,178||36||12K||$489||105|
|12||2018 INFINITI Q50||$44,821||36||12K||$441||103|
|13||2018 Nissan Rogue||$30,720||36||12K||$300||102|
|14||2018 Volvo V60||$42,533||36||12K||$417||102|
|15||2018 Nissan Pathfinder||$40,521||36||12K||$400||102|
|16||2018 Toyota RAV4||$30,210||36||12K||$299||102|
|17||2018 Hyundai Tucson||$28,035||36||12K||$276||102|
|18||2018 BMW 3 Series||$49,270||36||12K||$491||100|
|19||2018 Volvo V90 Cross Country||$61,946||36||12K||$630||100|
|20||2018 Toyota Highlander||$42,037||36||12K||$423||100|
|21||2018 Lexus IS||$45,466||36||12K||$461||99|
|22||2018 Kia Optima||$27,581||36||12K||$283||98|
|23||2018 Hyundai Santa Fe Sport||$34,855||36||12K||$361||98|
|24||2018 Hyundai Santa Fe||$39,595||36||12K||$408||97|
|25||2018 Mazda CX-9||$40,451||36||12K||$417||97|
|26||2018 Lexus GX||$58,624||36||12K||$606||97|
|27||2018 Hyundai Sonata||$23,872||36||12K||$249||97|
|28||2018 Honda Pilot||$38,928||36||12K||$403||97|
|29||2018 Kia Sportage||$28,999||36||12K||$302||97|
|30||2018 Nissan Murano||$42,209||36||12K||$438||96|
|31||2018 Lexus ES||$43,716||36||12K||$456||96|
|32||2019 Kia Sorento||$39,079||36||12K||$409||96|
|33||2018 Jeep Compass||$30,633||36||12K||$324||95|
|34||2018 Hyundai Kona||$27,303||36||12K||$288||95|
|35||2018 Jeep Grand Cherokee||$44,592||36||12K||$490||95|
|36||2018 Volvo XC60||$56,634||36||12K||$603||95|
|37||2018 Nissan Titan||$44,713||36||12K||$473||94|
|38||2019 Kia Sportage||$28,514||36||12K||$308||93|
|39||2018 Lexus RX||$56,417||36||12K||$610||93|
|40||2018 Mazda Mazda3 4-Door||$22,979||36||12K||$249||92|
|41||2018 Mercedes-Benz CLA||$39,866||36||12K||$433||92|
|42||2018 BMW X6||$70,760||36||12K||$768||92|
|43||2018 BMW 4 Series||$55,485||36||12K||$604||92|
|44||2018 Toyota Tacoma||$37,525||36||12K||$412||91|
|45||2019 Acura MDX||$53,540||36||12K||$586||91|
|46||2018 Audi A3 Sedan||$38,820||36||12K||$426||91|
|47||2018 GMC Terrain||$36,720||36||12K||$404||91|
|48||2018 Acura MDX||$47,378||36||12K||$520||91|
|49||2018 Mercedes-Benz C-Class||$47,738||36||12K||$526||91|
|50||2018 Dodge Charger||$46,517||36||12K||$506||91|
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