Yes, you can lease any new car for $199 per month. Provided of course you pay down the capital cost enough at signing the lease, your credit is sturdy enough, and there?s a leasing company that will write the deal. But that?s not the subject of this story.
The goal here is to gather a representative sample of the factory-advertised lease offers clustered around $199 per month. We then, in one chart, guide you toward those that are great deals and away from those that are sneakily expensive.
This isn?t meant to be a comprehensive database. Instead, it?s a survey of the offers on manufacturer websites around the $199 price point. These are the commodity cars and trucks, the new vehicles that hit the road in huge numbers?although that doesn?t mean there?s nothing here for car enthusiasts. Getting the absolute best deal means putting in work beyond reading this story. It means researching not only what vehicle to lease, but doing some smart shopping for the financial products that support your acquisition. A lease is a contract, and the elements of that contract are negotiable at some level. And it may be that working with a bank, leasing company, or credit union may yield an even better deal than what the manufacturers offer; it never hurts to shop around. Keep in mind that these offers generally require a stellar credit rating. Those of us with lousier financial reputations can expect to pay more.
Use our survey as a baseline for your research. Then make some calls, be hones...