Luxury Lease Deals Under $500/mo

If you'd like to drive a luxury vehicle, but are scared of the high monthly payments, a lease may be a good option if you know where to look.

That's where I can help. This week, I collected all advertised luxury lease deals with monthly payments of less than $500 per month. To make it a fair apples to apples comparison, I calculated each one with $0 down payment. Keep in mind, these payments don't include tax, title, and dealer fees, which could add another $50 to $100 to the payment depending on your location.

Take a look at the list below, you may be surprised which vehicles you can get for less than $500 per month, and keep in mind that you may be able to negotiate these prices even further (that's why I included lease deals that go up to $600/month). Also keep in mind that your local region may not have the same advertised lease deal (although it should be close).

The last column, "Bang for Buck" shows you whether this deal is a good value based on the MSRP of the vehicle. The higher, then better. Anything close to or higher than 100 is a really good deal. Anything below 75 is not good.

As always, I recommend using TrueCar No Haggle, CarsDirect and NADAGuides to see the lowest prices your local dealers are willing to offer.

2021/05/05
Rank Vehicle Trim MSRP Monthly Payment $0 Down Bang for Buck
1 2021 Lexus UX 200 $34,785 $393 88
2 2021 Cadillac XT4 Luxury $37,665 $406 93
3 2021 Lexus NX 300 $39,725 $423 94
4 2021 Cadillac CT4 Premium Luxury $39,465 $424 93
5 2021 Lexus ES 250 $45,355 $431 105
6 2021 Cadillac XT5 Luxury $45,865 $442 104
7 2021 BMW 2 Series 228i Gran Coupe $38,195 $445 86
8 2021 Cadillac CT5 Luxury $38,865 $454 86
9 2021 Mercedes A-Class A 220 $35,250 $461 77
10 2021 Volvo XC40 T4 Momentum $34,795 $462 75
11 2021 BMW X1 sDrive28i $37,545 $467 80
12 2021 Audi A4 40 Premium $41,945 $472 89
13 2021 BMW X2 sDrive28i $38,745 $489 79
14 2021 Mercedes CLA 250 $40,100 $504 80
15 2021 BMW 3 Series 330i $44,095 $518 85
16 2021 Lexus RX 350 $46,685 $528 88
17 2021 Audi Q3 45 S line Premium $38,795 $529 73
18 2021 Volvo XC60 T5 Momentum $43,545 $529 82
19 2021 Mercedes GLB GLB 250 $40,850 $534 76
20 2021 Land Rover Discovery Sport S $44,200 $538 82
21 2021 BMW X3 sDrive30i $45,235 $548 83
22 2021 Alfa Romeo Giulia TI $46,695 $553 84
23 2021 Mercedes C-Class C 300 $44,150 $554 80
24 2021 Land Rover Range Rover Evoque S $45,605 $557 82
25 2021 Jaguar E-Pace SE $46,695 $582 80
26 2021 Alfa Romeo Stelvio TI $49,095 $585 84
27 2021 BMW 4 Series 430i $48,045 $587 82
28 2021 Mercedes GLC 300 $44,885 $587 76
29 2021 Audi Q5 45 Premium $45,495 $588 77





My Recommendation for Car Shoppers

TrueCar No-Haggle, CarsDirect, and NADAGuides are the quickest way to see the lowest car prices in your area. These sites show you no-haggle prices from dealers closest to you - and the deals are usually really good. This should be the first step you take when negotiating your car price. 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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