Best Car Lease Deals: November 2009

Last Updated: Nov. 05, 2009

Now is not a bad time to consider leasing. With sales in an expected post-Cash-for-Clunkers-slump, dealers are looking to move cars any way they can, either through a traditional purchase or through leasing.

Why does leasing make sense now? Carmakers are engineering innovative, more fuel-efficient cars and bringing international best-sellers to the U.S., meaning that your car-buying options may look very different in two or three years. If you're wondering why you would buy a car only to own a dinosaur in three years, leasing could be the right option for you. Even better, monthly lease payments are typically less than what you'd pay each month if you financed a new car, making a leased car slightly easier to fit into a monthly budget.

We've compiled some of the best lease deals that automakers have this month. If you don't see one that works for you, contact a dealer to see what kind of new car lease they can offer you.

Toyota. Toyota runs all specials by region. Contact local Toyota dealers to see what incentives are available in your area. Most notable Toyota lease offer this month is a whopper... only $239 per month on Sienna, available in the Mid-Atlantic region.

Honda. The $199 per month deals are still available this month for most Civic models (non-hybrid) and for the Insight hybrid.  A bare-bones Civic VP model can be yours for only $159 per month.

Volkswagen. For the first time in several months, VW is backing down from many of its lease specials. The company is touting low APR on purchases this month, instead.

Nissan. The Rogue is still available at the $199 per month rate this month, in select regions.

BMW. BMW is offering 3-Series and 1-Series leases for under $400 per month.

The Rest. Infiniti and Lexus offer some lease specials this month, while Hyundai, Ford and GM are focusing on rebates and financing deals instead.

If you're looking to lease a car, you're in the right place. We stay on top of the latest and greatest lease deals car makers are offering. If you're looking to purchase a car, check out more of this month's best car deals for cash back and financing offers.

  • MSRP: $15,350 - $20,050
  • Invoice: $14,352 - $18,345
  • MPG: 26 City / 35 Hwy

2010 Toyota Corolla

Lease Deal

Deal: $149 per month for 36 months with $1,999 due at signing. Not available in all areas (check with local dealers for Corolla deals near you).

Expires: 11/16/09

  • MSRP: $15,455 - $24,455
  • Invoice: $14,250 - $22,505
  • MPG: 25 City / 36 Hwy

2010 Honda Civic

Lease Deal

Deal: $199.00 per month for 30 months, with $1,999 due at signing for most Civic models

Notes: Excludes Civic VP and GX models

Expires: 01/04/10

Lease Deal

Deal: $159.00 per month for 30 months, with $1,899 due at signing for Honda Civic VP

Notes: "VP" is the no-frills package of the Civic. An option to consider if you just want a car to get you from point A to point B.

Expires: 01/04/10

  • MSRP: $19,800 - $23,100
  • Invoice: $18,688 - $21,790
  • MPG: 40 City / 43 Hwy

2010 Honda Insight

Lease Deal

Deal: $199 per month for 36 months, with $2,199 due at signing.

Notes: Same monthly payment, $600 less due at signing than last month's Insight lease offer

Expires: 01/04/10

  • MSRP: $21,500 - $27,810
  • Invoice: $20,103 - $25,585
  • MPG: 22 City / 28 Hwy

2010 Toyota RAV4

Lease Deal

Deal: $199 per month for 36 months with $2,199 due at signing. Not available in all areas (check with local dealers for RAV4 deals near you).

Notes: Dealers in several regions offer the $199 per month rate on RAV4 this month, but the amount due at signing may vary.

Expires: 11/30/09

  • MSRP: $33,250 - $38,700
  • Invoice: $30,727 - $35,747
  • MPG: 18 City / 26 Hwy

2009 Infiniti G37

Lease Deal

Deal: $349 per month for 36 months with $4,999 due at signing on the G37 Sedan

Expires: 01/04/10

  • MSRP: $19,395 - $29,045
  • Invoice: $17,938 - $26,138
  • MPG: 21 City / 31 Hwy

2010 Toyota Camry

Lease Deal

Deal: $179 per month for 36 months with $1,999 due at signing. Not available in all areas (check with local dealers for Camry deals near you).

Expires: 11/16/09

  • MSRP: $24,540 - $37,865
  • Invoice: $22,329 - $34,077
  • MPG: 17 City / 23 Hwy

2010 Toyota Sienna

Lease Deal

Deal: $239 per month for 36 months with $2,999 due at signing. Not available in all areas (check with local dealers for Sienna deals near you).

Notes: This is a substantial discount to the $299 per month lease Honda currently offers on the Odyssey (with same amount due at signing).

Expires: 11/16/09

  • MSRP: $20,220 - $23,010
  • Invoice: $19,278 - $21,450
  • MPG: 22 City / 27 Hwy

2009 Nissan Rogue

Lease Deal

Deal: $199 per month for 39 months with $3,584 due at signing. Available in many, but not all, areas (check with local dealers for Rogue deals near you).

Expires: 11/02/09

  • MSRP: $33,600 - $50,700
  • Invoice: $30,910 - $46,645
  • MPG: 18 City / 28 Hwy

2009 BMW 3-Series

Lease Deal

Deal: $349 per month for 36 months, with $4,924 due at signing on 328i Sedan

Notes: Includes Premium Package and automatic transmission.  Deals are available on several 3-Series models -- contact dealers for more info.

Expires: 01/04/10

  • MSRP: $26,805 - $40,755
  • Invoice: $24,297 - $36,903
  • MPG: 16 City / 23 Hwy

2010 Honda Odyssey

Lease Deal

Deal: $299 per month for 36 months, with $2,999 due at signing.

Expires: 01/04/10

  • MSRP: $29,000 - $40,150
  • Invoice: $26,680 - $36,940
  • MPG: 18 (2009) City / 28 (2009) Hwy

2010 BMW 1-Series

Lease Deal

Deal: $329 per month for 36 months, with $4,204 due at signing on the BMW 128i Coupe -- or -- $369 per month with $4,494 at signing on the BMW 128i Convertible

Expires: 01/04/10