Getting into a brand-new car for just a couple hundred dollars monthly may seem out of reach, but it really isn’t. That’s because several manufacturers are pricing their lease deals quite attractively, either to increase market share, clear out inventory, or gain consumer interest.
Any way you look at it, there’s money you can save. Check out these five car leases under $200 per month, as listed recently by Kelley Blue Book (KBB).
2012SE Sedan – The manufacturer’s suggested retail price (MSRP) is $18,295, while the fair purchase price (FPP) is $17, 260. On a 24-month lease with $2,378 down, the monthly payment on the 2012 Ford Focus SE sedan is just $159.
2012 Nissan Versa S Hatchback – The highest monthly lease payment on this list of five car leases under $200 per month is $189 per month on a 39-month lease of the 2012 Nissan Versa S hatchback. The MSRP for the Versa S hatchback is $15,540 and the FPP amounts to about $15,590.
Note that the fair purchase price (FPP) is the typical amount consumers can expect to pay for the transaction – but does not include any applicable incentives. KBB determines FPP based on actual transactions.
Do any of these under $200 per month new car lease deals appeal to you? If so, check out what’s available now, as these attractive lease rates are subject to change.