August Lease Deals on Best Compact Cars
Below are the best compact cars for leasing. For the month of August, and for the 3rd straight month, the Jetta is on top despite being slightly more expensive than last month. Once again, no compact cars have an LVR below 1.00%. The Jetta comes closest, though, at 1.07%. This is a good time to get firm with your dealer and negotiate a much better lease deal. Tell them that you’ve seen much better deals in the past and you’re prepared to wait unless they can do something about it right now.
The best compact cars are priced in the $16,000 – $21,000 MSRP range. There are certainly smaller cars for less money that qualify for this category, but they typically do not lease as well as cars with higher MSRPs. The lower the MSRP, the lower the value. There is actually a point when it is actually less to lease a more expensive car. So, when considering compact cars, always compare to the latest deals in the Best Family Sedans segment. You can often lease a car that is $4,000 more for only $20.00 more per month. It pays to compare. The best small cars don’t always offer the best car leases based on our Lease Rating Formula: LVR.Best Compact Cars Rating Scale
|1||2018 Volkswagen Jetta S||$129.00||$2,870.00||$19,540.00||36||$7,514.00||$208.72||1.07%|
|2||2018 Toyota Corolla LE||$169.00||$1,830.00||$19,880.00||36||$7,914.00||$219.83||1.11%|
|3||2018 Subaru Impreza||$169.00||$1,830.00||$19,355.00||36||$7,914.00||$219.83||1.14%|
|4||2018 Honda Civic LX Sedan||$189.00||$2,010.00||$20,635.00||36||$8,814.00||$244.83||1.19%|
|5||2017 Hyundai Elantra SE||$179.00||$1,820.00||$18,835.00||36||$8,264.00||$229.56||1.22%|
Sub Compact Cars
There is no category for Sub Compact Cars. Due to their very low MSRP, sub compacts generally do not lease as well as compact cars and family sedans. Cheap small cars are generally better for a cash purchase or cheap 0% car loan. It is important to remember that economy cars have other benefits such as fuel economy, cheaper cash price, and significant MSRP discounts. Generally speaking, sub compact cars do not have great finance or loan incentives. This doesn’t mean you can’t still get a great deal on a subcompact or cheap economy car.
General Motors Owner Loyalty Rebates
As a footnote, General Motors often has loyalty rebates figured into their deals. The lease payments shown here include those rebates. It may cost you a little more if you’re not a current GM Lessee or Owner. Check with your dealer and always remember to negotiate for a better deal. One other thing to keep in mind with General Motors is that many of the compact cars such as the Chevy Cruz have lease deals which are tied into pre-ownership of a GM vehicle. In some cases these incentives even work in reverse where it pays off to trade-in a non-GM brand. Always read the fine print to make sure you are getting the very best lease offer they have to offer.