The Cheapest Lease Deals in May 2024: Options Under $200/month

Key Takeaways

  • As inventory rises, automakers are offering better lease deals in 2024
  • Multiple popular models are available for under $200/month
  • The Mazda CX-30 ($199/month) and Chevy Trax (just $838 due at signing) are the best deals right now

What vehicle are you interested in?

Last updated May 7, 2024

Looking to get into a new vehicle for the least amount of money possible? We’re here to help. Despite new car prices remaining near record highs, affordable lease options remain as automakers look to move inventory. Surprisingly, there’s a good number of new car leases for under $200 a month. Bump your budget up to $250/month, and you have plenty of options. From sedans to EVs and popular crossover SUVs, these are the cheapest leases this month, period.

Buick

2024 Buick Envista lease deals

Buick Envista: $199 per month for 24 months with $3,819 due at signing

Kia

EV lease deals 2024

Kia Forte: $199/month for 24 months with $3,499 due

Kia EV6: $249/month for 24 months with $3,999 due

Chevrolet

Chevy Trax lease deals

Chevrolet Trax: $249/month for 24 months with $2,659 due.

Chevrolet Blazer: $279 per month for 24 months with $2,819 due (remaining 2023s)

Say goodbye to negotiating and dealerships when you buy or lease your Chevrolet with CarEdge. Learn how it works.

Jeep

Jeep Compass: Lease the Limited 4×4 for $229/month for 27 months with $3,989 down.

Subaru

Subaru Legacy: $269 per month for 36 months with $3,255 due

Subaru Crosstrek: $299 per month for 36 months with $2,549 due

Honda

cheapest Honda lease

Honda Civic: $239 per month for 36 months with $3,399 due

Honda Accord: $249 per month for 36 months with $3,499 due

Hyundai

Hyundai Elantra: $199 per month with $3,499 due

Hyundai Venue: $229 per month with $3,499 due

Hyundai Kona: $232 per month with $4,012 due

Hyundai Tucson: $259 per month with $3,999 due

Skip the dealership and buy or lease your next Hyundai with CarEdge. Learn how it works.

Mazda

Mazda lease deals 2024

2024 Mazda CX-30: $199 per month for 36 months with $4,309 due

Say goodbye to negotiating and dealerships when you buy or lease your Mazda with CarEdge. Learn how it works.

Nissan

Nissan Altima SV: $299 per month for 36 months with $2,999 due

Toyota

Prius lease deals

Toyota bZ4X: $199 per month for 36 months with $1,999 due

Toyota Corolla: $249 per month for 39 months with $3,599 due

Toyota Prius: $299 per month for 36 months with $3,999 due

Volkswagen

cheapest lease deals

2024 Taos: $229/month for 36 months, $3,999 due

2024 Tiguan: $229/month for 36 months, $4,199 due

Skip the Dealership and Lease with CarEdge

Whether you prioritize fuel efficiency, space, or the latest technology, the cheapest car leases prove that you can have it all – affordability, style, and the joy of driving a new vehicle. Remember to act quickly, as these deals expire at the end of the month.

Ready to skip the BS and lease the easy way? Do it all from the comfort of home with CarEdge. With home delivery available (free in select areas) and our famous pre-negotiated pricing, we’ll simply deliver the car you want to your door. 

Learn more about leasing and buying with CarEdge.

2 Comments

  1. Sam Khoury

    I’ve been following Zach and Ray long enough to know that you guys know better than to recommend thousands of dollars in up front cash on a lease to make the monthly payment lower and that doesn’t even include taxes and dmv fees which you’ll also have to pay up front to get the listed monthly payment amounts.

    You don’t put any money down on a lease because if the car is totaled or stolen then you lose that up front money. Your insurance company writes a check to the legal owner which is the leasing company not you.

    Reply
  2. RO

    Sam’s comment is spot on, even in the video on this page you say not to put any money down to walk out of the door with a lease. I assume you’re saying these are still good deals if you have them roll the “money down” into the monthly, assuming they will?

    Reply

Submit a Comment

Your email address will not be published. Required fields are marked *

NEWSLETTER

The latest insights
right in your inbox

Get the latest car trends and money-saving strategies, once a week.

By signing up, you agree to CarEdge's Privacy Policy and Terms & Conditions.

Share This