It is very much a buyer’s market. The tables have once again tilted in favor from dealers to consumers thanks to the glut of new-vehicle inventory leading to surprisingly low prices not just on EVs but on gas-powered vehicles as well. Even in March, half of the best leases on our list are 2024 models—and there are thousands of them in stock, not just a few dozen. May the best buyer win!
Check Our Leasing Guide
Make sure you first read our leasing guide. We’ve covered everything that may get glossed over in the showroom: advertising fees, money factors, residuals, legal implications, and all the other fine print that could cost you thousands more than you’d expect. When comparing similar cars, be aware that a lower monthly price often demands more money up front. As with any national lease special, enter your ZIP code on an automaker’s website to check if these deals apply to your area. Prices do not include taxes or fees and may be higher or lower depending on your location. Research is always your friend.
SUV Lease Deals
$299 per month/$3879 at signing
24 months/20,000 miles
Electric cars selling slowly? Give ’em a Costco push! Chevrolet is offering rebates on the Blazer EV, Equinox EV, and Silverado EV of either $1000 or $1250, dependent on the buyer’s Costco membership tier. That’ll help sweeten the lease on the 2024 Blazer EV—there are more than 2500 sitting on lots as of March—for anyone currently on a non-GM lease. This special is for the all-wheel-drive 2LT. With the Costco deal, the EV is cheaper than the gas Blazer and is one of the more affordable mid-size electric SUVs.
$849 per month/$8544 at signing
36 months/30,000 miles
This is hardly cheap, but for anyone who’s been lusting after a Mercedes-Benz G-class, it’s a deal. The Grenadier, from a U.K.-based startup, is a modern mashup of a G-class and the classic Land Rover Defender. The total package is compelling. You’ll never see a discount on a G550, and while a new Defender 110 is cheaper to lease, the Grenadier has a rugged, crude charm that the newer version has largely shed. Ineos will knock off another $2500 if you own a Defender.
$599 per month/$7000 at signing
36 months/30,000 miles
Every Rivian is fast and full of technology, including the R1S Dual Standard in this lease. It boasts 533 horsepower and an air-spring suspension. The unique design stands out among EVs that look like eggs and SUVs that blend into the background. Cold-weather efficiency is poor even with the Max battery, but for most multi-car households, an R1S will be a delight in all seasons.
$229 per month/$4209 at signing
24 months/15,000 miles
For two decades, Jeep rarely offered incentives on Wranglers, which left the lot as soon as they arrived and earned both their maker and their dealers fat profit margin. For the past couple years, though, Jeep has quietly lowered lease prices on the Wrangler to the level of ordinary compact SUVs and even smaller sedans. The Willys 4xe on this special is the lowest we’ve seen since the plug-in-hybrid Jeep—subsidized by $7500 in federal lease credits—was introduced for 2021. A gas-only Wrangler is now at the price the 4xe was last year (roughly $400 per month), and for those financing, Jeep is automatically taking 10 percent off certain 2024 models. The only catch for this cheap lease is the mileage, which is 5000 miles less than leases on other Jeep models.
$329 per month/$329 at signing
36 months/30,000 miles
In Subaru country, otherwise called New England and the Pacific Northwest, no one drives a Solterra. It has the body cladding, all-wheel drive, and the ground clearance, but the real-world range and slow charging speed diminish the appeal of Subaru’s first EV. In response, Subaru—which rarely discounts its cars that steeply— asks for nothing down other than the first month’s payment. However, the Toyota bZ4X, the Solterra’s twin, is $2200 cheaper even with a $3999 signing payment.
Truck Lease Deals
$399 per month/$5231 at signing
36 months/31,500 miles
Every so often, a full-size pickup truck can be picked up at the price of a compact crossover. At Ford that moment is now, and for once we’re not talking about the Lightning. This special is for the STX SuperCrew 4×4 with the 2.7-liter twin-turbo V-6. With a 36-gallon fuel tank, range won’t be an issue. The STX can tow 8000 pounds and comes with 20-inch gray wheels and enough tech to make it more appealing than the base XL.
Car Lease Deals
$219 per month/$3999 at signing
36 months/30,000 miles
What car can hit 52 mpg, travel 600 miles in one sitting, and achieve better efficiency than most EVs? This car, the Prius Prime, is why plug-in hybrids are a smart choice for so many buyers. With 220 horsepower and a shapely body, the fifth-generation Prius is neither sluggish nor ugly. The SE in this lease is the Prime’s most efficient trim. (For 2025, to make the Prime’s capabilities plainly obvious, Toyota is renaming it to Prius Plug-in Hybrid.)
$299 per month/$3599 at signing
36 months/30,000 miles
You won’t find a lease special on the Civic Si, but the Sport Hybrid delivers an equal 200 horsepower (and quicker acceleration), albeit without a stick shift. Handling, steering, interior quality—it’s all there in spades, plus fuel economy that’s nearly as high as the Prius Prime (47 mpg in our tests). If you’re leasing a Honda or another competitor, knock off $200 from the signing payment and $10 off per month.
Clifford Atiyeh is a reporter and photographer for Car and Driver, specializing in business, government, and litigation news. He is president of the New England Motor Press Association and committed to saving both manuals and old Volvos.
Source: Motor - aranddriver.com