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Mar 21 2020

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Auto lease deals

Best Lease Deals In March 2020

Senior Pricing Analyst

As CarsDirect’s resident pricing analyst, Alex offers must-know analysis of pricing & incentives to those looking to buy or lease a car. His consumer-oriented coverage of the latest trends and breaking news has been featured in publications such as Car and Driver, Motor Trend, Automobile Magazine and Autoblog.

We’re analyzing hundreds of the latest offers to find the best lease deals in March. So far, our top picks include a mix of cheap leases and lease specials that can get you into a much nicer car, truck, or SUV than you might think this spring.

In addition to our top picks, our list of every single lease can help you find the right deal for you based on the monthly payment, the amount due at signing, and more. These are manufacturer lease examples, but you may be able to negotiate an even lower price.

Not seeing offers based on where you live? We can help! Just leave us a comment with your zip code and preferred vehicle type.

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Best Car Lease Deals

  • Monthly Payment: $209 for 36 months
  • Amount Due at Signing: $2,399
  • Effective Cost: $276/month
  • MSRP: $25,205
  • Annual Mileage: 12,000 miles/year

Price cut. The Civic EX Hatchback benefits from a $20 cut in payment, making it a stellar value for the money. Believe it or not, better incentives result in the exact same effective monthly cost as the less-equipped Civic 2.0 Sport Sedan despite a $1,900 difference in MSRP.

Hatchback lovers may find the Civic a much better value than competitors like the 2020 Volkswagen Golf S ($329). Next to a 2020 Toyota Corolla SE ($265), the Civic’s sticker price is over $2,800 more expensive on paper but the car is just $11/month more to lease.

The examples above are based on offers in Southern California. However, the deal on the Civic is available in a number of states such as Arizona, Colorado, Florida, New Mexico, New York, and more through March 31. Get your custom lease quote »

Best SUV Lease Deals

  • Monthly Payment: $259 for 39 months
  • Amount Due at Signing: $659
  • Effective Cost: $276/month
  • MSRP: $29,595
  • Annual Mileage: 10,000 miles/year

Bonus for switching. The nearly $30,000 GMC Terrain SLE can be an absolute bargain if you’re considering switching brands. GM is currently offering a $2,000 conquest bonus that can lower the amount due at signing to just $659. The catch is that you’ll need to currently be leasing a non-GM vehicle to qualify.

At $276/month, the Terrain’s effective cost severely undercuts competitors like the 2020 Honda CR-V LX ($324) and 2020 Toyota RAV4 LE ($355). Just be aware that those ineligible for the bonus will most likely have to make up for it with a higher amount at signing.

The comparisons here are based on offers in Southern California. However, the deal on the Terrain is available nationally through March 31. Get your custom lease quote »

  • Monthly Payment: $269 for 36 months
  • Amount Due at Signing: $2,729
  • Effective Cost: $345/month
  • MSRP: $33,495
  • Annual Mileage: 10,000 miles/year

Bargain price. Looking to lease a decently-sized SUV for under $350? You may want to look at the Chevy Blazer LT. At $345, it’s low effective cost makes it a bargain considering its nearly $34,000 MSRP. Believe it or not, you can actually lease it for even less.

Current GM lessees may be eligible for a $1,000 loyalty discount that can lower the vehicle’s effective cost to as low as $317/month. That’s cheaper than a 2020 Chevy Sonic LT ($368). We consider this one of the better deals to date on the Blazer.

The featured offer is available nationally. Get your custom lease quote »

  • Monthly Payment: $199 for 36 months
  • Amount Due at Signing: $3,915
  • Effective Cost: $308/month
  • MSRP: $34,790
  • Annual Mileage: 10,000 miles/year

Best deal to date. Jeep has slashed lease prices for the 4-door Wrangler Unlimited Sport. In addition to a lower amount due at signing, you can now lease one from just $199/month. Based on our analysis, this month’s deal equates to an over $60 cut in monthly cost ($308 vs. $369).

This is a featured offer available in California through March 31. Prices elsewhere may be higher. Get your custom lease quote »

Best Luxury Car Lease Deals

  • Monthly Payment: $279 for 36 months
  • Amount Due at Signing: $2,499
  • Effective Cost: $348/month
  • MSRP: $34,025
  • Annual Mileage: 10,000 miles/year

Cheaper than an Accord. The 2020 TLX is a fantastic car to lease with $7,100 in savings on the base trim. Coming from a competitor (or another Acura or Honda) can get you a $750 bonus for a combined discount of nearly $8,000. That can make the car a much better deal than a Honda Accord.

For example, the 2020 Accord EX is listed at $289 for 36 months with $2,399 at signing, or $356/month. That makes the TLX $8 cheaper to lease despite having an MSRP that’s over $5,100 more expensive on paper. Prefer a TLX with a V6? Expect to pay about $50/month more.

This is a national offer available through March 31. Get your custom lease quote »

Best Luxury SUV Lease Deals

  • Monthly Payment: $359 for 36 months
  • Amount Due at Signing: $2,999
  • Effective Cost: $442/month
  • MSRP: $39,208
  • Annual Mileage: 10,000 miles/year

Smart upgrade. The 2020 Lexus NX continues to be a very affordable vehicle to lease given its nearly $40,000 MSRP. With an effective cost of $442/month, the NX 300 is over $50 cheaper than this month’s offer on the 2020 Infiniti QX50 ($496).

The NX can even be a smart upgrade from a number of non-luxury models. For example, our analysis finds that the NX is just $8 more than a 2020 Honda CR-V Touring ($436) despite an over $4,800 difference in sticker price.

Examples above are based on offers in California available through March 31. Get your custom lease quote »

  • Monthly Payment: $409 for 36 months
  • Amount Due at Signing: $2,999
  • Effective Cost: $492/month
  • MSRP: $45,395
  • Annual Mileage: 10,000 miles/year

Upgrade opportunity. Even though the 2020 Acura MDX is larger and more expensive than the 2020 RDX, different incentives make the latter a better value. For example, coming from a competing brand like Cadillac or BMW can get you access to as much as $7,500 in savings on the base MDX.

As a result, the MDX can have an effective cost of as little as $492/month. Curiously, that’s the same starting price as the RDX. The MSRPs for these vehicles are separated by about $6,700, making the MDX a surprising upgrade for those who qualify.

This is an offer available in states outside California and New York. Get your custom lease quote »

Best Truck Lease Deals

  • Monthly Payment: $227 for 36 months
  • Amount Due at Signing: $3,995
  • Effective Cost: $338/month
  • MSRP: $37,040
  • Annual Mileage: 10,000 miles

Surprising price cut. Like the Wrangler, leases for the 2020 Gladiator benefit from a price cut this month. Our analysis finds that the effective cost of the Gladiator S is $27/month cheaper than February, making this one of the better leases in recent months and helping reverse a trend of higher prices.

At this price, the Gladiator manages to undercut vehicles like the 2020 Toyota Tacoma SR5 in places like Northern California ($371). Interestingly, the Gladiator ends up being $4/month more to lease than vehicles like the 2019 Jeep Renegade Latitude ($334) despite having an over $11,000 difference in MSRP.

Examples above are based on offers in California available through March 31. Prices elsewhere may be more expensive. Get your custom lease quote »

Best Electric Car Lease Deals

  • Monthly Payment: $79 for 36 months
  • Amount Due at Signing: $999
  • Effective Cost: $107/month
  • MSRP: $31,245
  • Annual Mileage: 10,000 miles

Still the cheapest lease in America. The Ioniq continues to feature the cheapest lease of any car in the U.S. In New York, the 124-mile EV can be had for as little as $79/month with $999 down. In California, you’ll find a $109/month, $2,500 down offer.

Shoppers in the Golden State can reduce their costs even further with the Clean Vehicle Rebate. That said, shoppers should be aware that California has implemented new income caps and reduced the incentive by $500 as of December 3 to $2,000.

Current offers end March 2. Ioniq availability remains extremely limited. Get your custom lease quote »

Auto lease deals



Auto lease deals

Auto lease deals

We’re analyzing hundreds of the latest offers to find the best lease deals in March. So far, our top picks include a mix of cheap
SOURCE: Auto lease deals http://www.carsdirect.com/deals-articles/best-lease-deals Auto lease deals

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