The best car lease deals vary by manufacturer and by model. As a general rule, when the new model year cars are available, dealers will be willing to negotiate price on the previous year models still on the lot. They’re still brand-new vehicles, and dealers are anxious to clear them off the books. Some manufacturers may offer special lease rates on certain models. But, if you have your heart set on a 2011 model, check to see how the new lease rates compare with those for a 2010.
Here are just a few models to check out for the best car lease deals – but be aware that they’re close to expiring (most are over November 1st):
- 2011 Buick Regal – Buick is offering a low-mileage lease deal of $289 per month for 39 months on the 2011 Buick Regal CXL midsize family sport sedan. $1,669 is due at signing, but there’s no security deposit required. Tax, title, license, and dealer fees are extra. There is an $.18 per mile charge for mileage over 39,000 miles.
- 2010 – The sport-focused, intelligently-designed 2010 Infiniti G37 four-door sedan Journey equipped with Premium Package is available in an attractive lease deal that includes $319 monthly payment for a 39-month term, $3,180 downpayment, zero security deposit, and annual mileage restriction of 10,000 miles.
- 2010 Chrysler 300 – If you’re looking for a roomy, affordable large sedan with powerful V8 models, good handling and drive quality, the 2010 makes for an attractive lease vehicle. The automaker is offering (to November 1st) various customer and bonus cash incentives on leases, the least of which is $2,000 customer cash plus $2,000 bonus cash on nine Chrysler 300 trims.
- 2010 Jeep Commander – If you live in the Southeast region, until November 1st the automaker is offering $5,000 in customer cash — $4,500 in all other regions – toward the lease of the 2010 . This large SUV features seating for seven, is a go-anywhere vehicle, and has good crash scores. Might be the perfect choice for families that require four-wheel capability for camping, vacations, or winter driving. Often cross-shopped with , the Jeep Commander is a lot less expensive.
Can’t get it together in time to take advantage of the best car lease deals? Not to worry. The one thing to remember about leasing offers is that they’re cyclical – when the inventory needs to be moved, automakers are more prone to offer attractive lease deals. If you can wait, stick around to see what will be offered in the next round. Otherwise, scope out the lease that works for you now – or consider a purchase. Start with the automaker or model you favor and go from there, weighing and balancing all your options.