I can’t believe it’s already time to tabulate the best lease deals of 2011 for our annual Monthly Car Lease feature. What a change in the lease ratings for this year. The best lease deals of 2010 were only slightly similar with a few late-comers stealing some of the attention from Honda and Toyota. For 2010, Toyota had some breath-taking lease deals that blew us away. For example, the May 2010, Toyota Corolla LE leased for just $129.00 a month and $899.00 down. The .82 LVR is the lowest Lease Value Ratio ever recorded since the inception of Monthly Car Lease ratings over 2 years ago. It was just over a year ago that American cars started leasing again and it didn’t take General Motors long to start winning some of the best lease deals of 2011 with the Chevrolet Traverse, Volt and Cadillac. We also saw Infiniti rise to the top with some great Lease Offers on the G37 and G25. Despite Toyota slippoing in the 2011 Lease Ratings, the Toyota RAV4 Lease remained strong. We saw some improved SUV Lease specials and some excellent, no-money-down lease specials from Honda. For the first time ever, one of those new-fangled cross-over vehicles topped the monthly lease offers: The Honda Cross Tour EX V6 in June.
Honda at the top of the Best Lease Deals 2011 Rankings
The top leasing honors go to Honda which finished # 1 six times at the top of the best lease deals for 2011: Civic, Accord, Cross Tour twice and the RAV4 twice. Honda has a great thing going with the 36 month term leases at 0-Down with only 35 total payments required. While none of the 2011 best lease deals finished as high as last year’s Toyota Corolla, there has been some overall improvement among SUVs, Hybrids and American cars. Look for the trend for better leasing to continue well into 2012. Cheers – and remember to always ask your dealer for a better deal than these advertised specials. With the best lease deals of 2011 behind us, here’s to even better days ahead!
Best Lease Deals 2011 Rankings
|January||Honda Civic LX||$200.00||$0.00||1.01||36|
|February||Honda Insight CVT LX||$210.00||$2,520.00||0.99||36|
|March||Honda Cross Tour EX V6 FWD||$310.00||$0.00||0.99||36|
|May||Honda Accord LX Sedan||$260.00||$0.00||1.11||36|
|June||Honda Cross Tour EX V6 FWD||$320.00||$0.00||1.01||36|
|July||Mazda 3 5 Door||$219.00||$0.00||1.03||48|
|November||Honda Accord LX Sedan||$199.00||$1,800.00||1.08||36|
|December||Chevrolet Traverse w/1LS FWD||$299.00||$0.00||0.99||39|