Auto Lease Payments For Less Than $200 a Month

By Liz Opsitnik
Monday, Apr 12 2010 11:50

Having an auto loan or auto lease payment for less than $200 a month is a really good deal in this day and age. The average monthly car loan payment for a new vehicle in the fourth quarter of 2009 was $467, and for used vehicles it was $340, according to Experian Automotive.

To get a lower monthly payment, some car shoppers turn to leasing, where you essentially rent the car for a few years. It allows you to have lower payments because you only pay on a portion of what the vehicle will be worth at the end of the lease. So, what will $200 or less a month get you?

If you have good credit, you can lease a 2010 Honda Accord sedan five-speed automatic LX (model CP2F3AEW) for $199 per month for 36 months with $1,999 due at lease signing. The 2010 Honda Civic sedan five-speed automatic LX (model FA1F5AEW) can be leased for $179 per month for 36 months with $1,799 due at lease signing. Honda's 2010 Insight Hybrid can be leased for $199 a month for 36 months with $1,799 due at lease signing.

Toyota has five models that you can lease in April for less than $200 a month. The 2010 Prius Hybrid can be leased for $169 per month for 36 months with $2,869 due at lease signing. The 2010 Toyota Corolla LE (pictured above) is only $119 a month for a 36-month lease with $2,854 due at signing. You can also lease a 2010 Camry LE for $149 per month for 36 months with $2,859 due at lease signing. Toyota's 2010 Matrix can be leased for $149 a month for 36 months with $2,934 due at signing. Even the 2010 Toyota RAV4 is less than $200 a month in April. You can lease the RAV4 for $199 a month for 36 months with $2,664 due at lease signing.

Chevrolet is offering its 2010 Malibu LS for $199 a month for 39 months with $2,639 due at lease signing. The 2010 Chevrolet Cobalt Coupe LS can be leased for $199 per month for 39 months with $3,489 due at signing.

You can lease a 2010 Hyundai Elantra 2.0 GLS A/T for $159 a month for 24 months with $1,999 due at lease signing. Hyundai's new 2011 Sonata 2.4 GLS A/T is $199 per month for 36 months with $2,399 due at lease signing.

The 2010 Kia Forte LX 2.0L I4 A/T can be leased for $149 a month for 36 months with $2,299 due at signing. The 2010 Forte Koup EX 2.0L I4 A/T is $179 per month for 36 months with $2,299 due at lease signing. Kia's 2010 Soul + 2.0L I4 A/T can be leased for $149 a month for 36 months with $2,299 due at signing.

The 2010 Mitsubishi Lancer ES CVT can be leased for $179 per month for 36 months with $2,728 due at signing.

Nissan's 2009 Cube 1.8 S CVT can be leased for $179 a month for 39 months with $2,449 due at signing. The 2010 Sentra 2.0 SR is $149 a month for 39 months with $1,999 due at lease signing. The 2010 Nissan Altima sedan 2.5S CVT is $199 a month for a 39-month lease with a $2,999 initial payment. A 2010 Rogue S AWD can be leased for $199 a month for 39 months with $2,999 due at signing.

You can lease a 2010 Subaru Impreza for $179 per month for 42 months with $1,478 due at signing. A 2010 Subaru Legacy is only $199 a month for 36 months with $1,899 due at lease signing.

The 2010 Suzuki Kizashi S MT FWD is $199 per month for 48 months with $2,394 at signing. The 2010 Suzuki SX4 Sport, Sportback, Sedan and Crossover can all be leased for 36 months with payments ranging from $149 to $179 and about $2,300 due at signing.

Volkswagen is offering its 2010 Golf two-door with manual transmission for $199 a month for 36 months with $1,999 due at lease signing. You can lease a 2010 New Beetle with manual transmission for $199 a month for 36 months with $1,999 due at signing. The 2010 Volkswagen Jetta LE with automatic transmission is $199 a month for a 36-month lease with $2,499 due at signing.


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