Lease a Car — Compare the Best Lease Deals From Top Dealerships
Find the lowest monthly payments on new vehicles. Compare lease specials from CarGurus, TrueCar, Edmunds, and more — across 50,000+ dealerships. Save thousands on your next lease. 100% free.
Why Lease a Car?
Lower payments, newer cars, zero long-term commitment.
How to Find the Best Lease Deal
Three steps to the lowest monthly payment.
Pick Your Brand & Model
Choose from 24 major manufacturers. SUVs, sedans, trucks, EVs — all with lease specials available.
Compare Across Platforms
We show you lease offers from CarGurus, TrueCar, Edmunds, AutoTrader, and KBB — so you see the full picture of what’s available near you.
Lock In Your Best Deal
Compare monthly payments, down payments, and terms side by side. Negotiate the cap cost down and drive away with the lowest possible payment.
Lease vs Buy vs Used — Which Is Right for You?
Every path has trade-offs. Here’s the honest comparison.
Lease
Drive a brand-new car for the lowest monthly cost. Return it when the lease ends, or buy it out.
- ✓ 30–40% lower monthly payment
- ✓ New car every 2–3 years
- ✓ Full warranty the entire time
- ✓ $0 down deals available
- ✕ Mileage limits apply
- ✕ No ownership equity
Buy New
Higher monthly payment, but the car is yours. Best value if you keep it 5+ years.
- ✓ Build equity — you own it
- ✓ No mileage restrictions
- ✓ 0% APR financing available
- ✓ Customize it however you want
- ✕ Higher monthly payments
- ✕ 20% depreciation year one
Buy Used
Lowest total cost of ownership. Let someone else absorb the depreciation.
- ✓ 20–50% less than new
- ✓ Lowest total cost over time
- ✓ No mileage limits
- ✓ CPO options with warranty
- ✕ Older technology and features
- ✕ Higher maintenance costs
Lease Deals by Brand
Every major manufacturer offers lease specials. Compare them all.
Best Lease Programs
Toyota
RAV4, Camry, Corolla, Highlander
Honda
CR-V, Civic, Accord, HR-V
Hyundai
Tucson, Santa Fe, IONIQ 5
Kia
Sportage, Telluride, EV6, Forte
Popular Lease Brands
Ford
F-150, Bronco Sport, Explorer, Escape
Chevrolet
Equinox, Silverado, Trax, Blazer
Nissan
Rogue, Altima, Kicks, Pathfinder
Subaru
Outback, Forester, Crosstrek
Jeep
Grand Cherokee, Wrangler, Compass
Mazda
CX-5, CX-50, CX-90, Mazda3
Volkswagen
Tiguan, Atlas, Jetta, Taos
RAM
1500 — strong truck lease deals
Luxury Leases
BMW
3 Series, X3, X5, iX — strong lease programs
Mercedes-Benz
C-Class, GLC, GLE — premium lease specials
Lexus
RX, NX, ES — luxury with competitive payments
Audi
Q5, A4, e-tron — aggressive lease offers
Acura
MDX, RDX, TLX, Integra
Volvo
XC60, XC90, S60, EX30
Cadillac
LYRIQ, XT5, Escalade
Lincoln
Corsair, Aviator, Nautilus
Lease Deals by Vehicle Type
Find the best lease payment for the type of car you want.
SUV Leases
Compact to full-size. Family-friendly with AWD options.
SUV Lease Deals →Sedan Leases
Lowest monthly payments. Fuel-efficient commuter options.
Sedan Lease Deals →Truck Leases
F-150, Silverado, RAM 1500 — strong lease programs on full-size trucks.
Truck Lease Deals →EV Leases
Manufacturer credits pass through on leases — often the cheapest way to drive electric.
EV Lease Deals →Luxury Leases
BMW, Mercedes, Lexus, Audi — leasing is the most popular way to drive luxury.
Luxury Lease Deals →Hybrid Leases
Fuel savings plus low lease payments. Best of both worlds.
Hybrid Lease Deals →Sports Car Leases
Drive performance without the long-term depreciation hit.
Sports Car Leases →Minivan Leases
Sienna, Odyssey, Pacifica — family space at lease prices.
Minivan Leases →Car Leasing Tips
Insider strategies to get the lowest monthly payment.
Negotiate the Cap Cost
The capitalized cost is the vehicle price your lease is based on. Negotiate it down just like you would if buying — every $1,000 reduction saves about $28/month on a 36-month lease.
Lease Negotiation Guide →Understand Money Factor
The money factor is the lease equivalent of an interest rate. Multiply it by 2,400 to convert to APR. A money factor of .00125 equals 3.0% APR. Lower is better — and it’s sometimes negotiable.
Money Factor Explained →Choose High-Residual Cars
A higher residual value means less depreciation to pay for — and lower monthly payments. Toyota, Honda, and Subaru models typically hold value best, making them the cheapest to lease relative to price.
Residual Value Guide →Pick the Right Mileage
Standard leases offer 10,000–15,000 miles/year. Going over costs 15–25 cents per mile. It’s cheaper to buy extra miles upfront than to pay the overage penalty at lease end.
Mileage Limits Guide →Consider Leasing an EV
Federal EV tax credits pass through to the leasing company — and they often discount your payment by the full $7,500. This makes leasing an EV significantly cheaper than buying in many cases.
EV Lease vs Buy →Read the Fine Print
Know the acquisition fee, disposition fee, excess wear policy, and early termination penalties before you sign. These hidden costs can add $1,000+ to your total lease cost if you’re not prepared.
Complete Lease Guide →How Car Leasing Works — Key Terms Explained
Understand these terms and you’ll never overpay on a lease.
💵 Capitalized Cost (Cap Cost)
The negotiated price of the vehicle — the starting point of your lease. This is the number you should negotiate down, just like you would when buying. A lower cap cost means a lower monthly payment.
📈 Residual Value
The estimated value of the car at lease end, set by the manufacturer. A higher residual means less depreciation to pay — and a lower monthly payment. This number is not negotiable.
💳 Money Factor
The interest rate of a lease, expressed as a decimal (e.g., .00125). Multiply by 2,400 to get the equivalent APR. Lower credit scores get higher money factors. This is sometimes negotiable at the dealer level.
💲 Due at Signing
The upfront amount you pay when you start the lease. This typically includes the first month’s payment, acquisition fee, taxes, title, and any down payment (cap cost reduction). $0 down deals roll everything into the monthly payment.
📏 Mileage Allowance
The total miles you’re allowed to drive per year — usually 10,000, 12,000, or 15,000. Exceeding this limit costs 15–25 cents per mile at lease end. Choose a limit that matches your actual driving habits.
📅 Lease Term
How long the lease lasts — typically 24, 36, or 39 months. A 36-month lease is the most common and usually offers the best balance of monthly payment and total cost. Shorter terms mean higher payments but less commitment.
Why Lease Shoppers Start Here
What Lease Customers Say
“Leased a new CX-50 after comparing deals on TrueCar and Edmunds through this site. My payment came out $47/month less than the first dealer quoted me. Over 36 months that’s $1,700 saved.”— Amanda R., San Diego CA
“The leasing tips page taught me about money factor and residual value. Walked into the BMW dealer actually understanding the numbers. Got them to match a competing offer and saved big.”— Daniel F., Boston MA
“Compared EV lease deals across three platforms. The $7,500 credit passed through on the lease made the IONIQ 5 cheaper per month than a gas Tucson. Never would have known without comparing.”— Stephanie L., Portland OR
How to Get the Best Car Lease Deal
Car leasing has become one of the most popular ways for Americans to drive a new vehicle. Roughly one in four new cars driven off dealer lots is leased rather than purchased. The appeal is straightforward: lower monthly payments, the ability to drive a new car every two to three years, and full factory warranty coverage for the entire lease term. But not all lease deals are created equal — and most shoppers leave money on the table by accepting the first offer they see.
The monthly payment on a lease is determined by three main factors: the capitalized cost (the negotiated vehicle price), the residual value (what the car is worth at lease end), and the money factor (the interest rate). While the residual value is set by the manufacturer and can’t be changed, both the cap cost and money factor can be negotiated — and the difference between a good deal and a great deal can be $50 to $100 per month, or $1,800 to $3,600 over the life of a typical lease.
That’s where comparison shopping matters most. CarDealership.com connects you with America’s top car-shopping platforms — CarGurus, TrueCar, Edmunds, AutoTrader, Cars.com, and Kelley Blue Book — where you can see real lease offers from dealers near your ZIP code. Different dealers running the same manufacturer lease program will often quote different cap costs, different money factors, and different due-at-signing amounts. By comparing multiple offers simultaneously, you ensure you’re getting the most competitive terms available.
One overlooked strategy is leasing an electric vehicle. When you lease an EV, the federal tax credit of up to $7,500 is claimed by the leasing company (since they technically own the car) — and in most cases, they pass that savings directly to you as a lower monthly payment. This can make leasing an EV significantly cheaper than buying the same car. Whether you’re looking at a mainstream sedan, a family SUV, a pickup truck, or an electric vehicle, the smartest first step is always the same: compare deals from multiple sources before you sign.
What Happens at Lease End?
You have three options when your lease is up.
Return & Lease New
Hand back the keys and lease a brand-new model. The most popular choice — you always drive the latest car with the newest features. Just watch for excess mileage or wear charges.
Buy It Out
Purchase the car at the pre-set residual value. If the car is worth more than the residual on the open market, this can be a great deal — you’re buying below market value.
Walk Away
Simply return the vehicle and walk away with no further obligation (after any end-of-lease fees). Best if your needs have changed or you want to take a break from a car payment.
Frequently Asked Questions — Leasing
Everything you need to know before signing a lease.
How does a car lease work?
When you lease, you pay to use a new vehicle for a set period — typically 24 to 36 months — and a set number of miles (10,000–15,000/year). Your monthly payment covers the car’s depreciation during the lease term, plus interest (money factor) and taxes. At lease end, you return the car, buy it at the pre-set residual value, or lease a new one. Read our complete lease guide →
Is it cheaper to lease or buy?
Leasing offers 30–40% lower monthly payments than financing the same car. However, you build no equity and always have a payment. Buying costs more per month but you own the car once the loan is paid off. Leasing is cheaper short-term; buying is cheaper long-term if you keep the car 5+ years. Full lease vs buy comparison →
What credit score do I need to lease?
The best manufacturer lease deals require a credit score of 700+. Scores between 620–699 can still get approved but with higher money factors (interest). Below 620, leasing is difficult — a subprime auto loan to purchase may be a better option. Credit score guide →
Can I negotiate a car lease?
Yes. You can negotiate the capitalized cost (vehicle price), the money factor (interest), and sometimes the acquisition fee. You cannot negotiate the residual value — that’s set by the manufacturer. Lowering the cap cost is the single most effective way to cut your payment. Lease negotiation tips →
What happens if I go over my mileage?
Exceeding your mileage allowance costs 15 to 25 cents per extra mile at lease end. For example, 5,000 extra miles at 20 cents = $1,000 penalty. If you know you’ll drive more, it’s much cheaper to buy extra miles upfront when you sign the lease — typically 10–15 cents per mile. Mileage limits explained →
What fees should I expect with a lease?
Common lease fees include: acquisition fee ($395–$995 upfront), disposition fee ($300–$500 at return), excess mileage charges, and excess wear-and-tear charges. Some dealers add a documentation fee. Ask for a full fee breakdown before signing — there should be no surprises at lease end if you know the terms. All dealer fees explained →
Leasing Guides & Resources
Everything you need to understand and master car leasing.
Car Lease Guide
How leasing works A to Z
Lease vs Buy
Complete side-by-side comparison
Negotiate a Lease
Tips for a better deal
Money Factor
Understanding lease interest
Residual Value
Why it matters for your payment
Mileage Limits
What happens if you go over
Lease End Options
Buy, return, or re-lease
Lease Transfer
How to get out of a lease
Ready to Find Your Best Lease Deal?
Compare lease offers from CarGurus, TrueCar, Edmunds, and more. Lower payments start with comparing.
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