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The Cheapest Lease Deals For May 2025: Leases Under $200/month

Last updated May 1, 2025

Key Takeaways

  • As inventory rises, automakers are offering cheaper lease deals in May 2025.
  • Multiple popular models are available for under $200/month.
  • Tesla, Kia, Toyota, and Nissan have the best lease deals this month.
  • Don’t sign a lease without these free lease negotiation cheat sheets. You CAN negotiate lease terms!

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 are several new car leases under $200/month. Bump your budget up to $250/month, and you have plenty to choose from. From sedans to EVs and popular crossover SUVs, these are the cheapest lease deals for May 2025.

Important note: The following advertised manufacturer offers exclude taxes, title, and fees. The dealer sets the final price. Automakers announce new monthly sales between the second and fifth of each month.

Buick

cheapest lease deals in May 2025

Buick Envista Lease Deal: $199 per month for 24 months with $4,321 due at signing

Buick Encore GX Lease Deal: $296/month for 36 months with $0 due at signing (for returning lessees of GM vehicles)

See offer details at Buick.com

Chevrolet

2025 Chevrolet Equinox deals

Chevrolet Equinox EV Lease Deal: $299/month for 24 months with $2,739 due (for current eligible lessees).

Chevrolet Trax Lease Deal: $279/month for 24 months with $1,789 due (for current eligible lessees).

See offer details at Chevrolet.com

Honda

cheapest Honda lease deals in May 2025

Honda has some great lease deals in May 2025, with the popular Civic available from $279/month.

Honda Civic Lease Deal: $279 per month for 36 months with $4,199 due

See offer details at Honda.com

Hyundai

Among all car brands, Hyundai has the most lease specials under $200/month in May.

Hyundai Elantra Lease Deal: $229/month for 36 months with $3,499 due

Hyundai Kona EV Lease Deal: $189/month for 24 months with $3,999 due

Hyundai Sonata Lease Deal: $369/month for 36 months with $3,499 due

Hyundai Kona Lease Deal: $229 per month for 36 months with $3,999 due

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

Kia

EV lease deals 2025

Kia Niro EV Lease Deal: $119/month for 24 months with $3,999 due

Kia K4 Lease Deal: $209/month for 24 months with $3,499 due

Kia EV6 Lease Deal: $229/month for 24 months with $3,999 due

See offer details at Kia.com

Mazda

Mazda CX-30 lease deals April 2025

Mazda CX-30 Lease Deal: $219 per month for 36 months with $2,999 due

Mazda CX-5: $229 per month for 36 months with $5,079 due

See offer details at MazdaUSA.com

Nissan

2025 Nissan Kicks lease deals

Nissan Sentra: $239/month for 36 months with $3,299 due

Nissan Kicks: $269/month for 36 months with $4,299 due

See offer details at NissanUSA.com

Tesla

Tesla Model 3 lease deals 2025

Tesla is now offering their best lease offer in history for the 2025 Tesla Model 3.

Tesla Model 3: $349/month for 36 months with $0 due at signing.

See offer details at Tesla.com

Toyota

Cheapest Toyota lease deals May 2025

Toyota Corolla Lease Deal: $199/month for 36 months with $3,999 due

Toyota Tacoma Lease Deal: $259/month for 36 months with $4,999 due

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Skip the Dealership and Lease with CarEdge

Whether you prioritize fuel efficiency, space, or the latest technology, the cheapest lease deals prove that you can have it all. 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.

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We've found some quick matches
in Columbus based on your answers!
Progressive
AM BEST RATING A+
NerdWallet rating
NerdWallet's ratings are determined by our editorial team. The scoring formula takes into account consumer complaint and customer satisfaction data.
Ultimate Insurance
  • Not yet rated
NerdWallet rating
NerdWallet's ratings are determined by our editorial team. The scoring formula takes into account consumer complaint and customer satisfaction data.

2 Comments

  1. Paul Yoon

    Where is the information about the mazdas?? Thanks

    Reply

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