August 2014's Best Car Lease Offers
Lease deals are ample this August, as automakers try to clear their inventory to make room for new 2015 vehicles. You’ll find lease incentives that have low monthly payments. There are also lease deals that don’t require a down payment this August, though in most cases your monthly payment will be higher. Since Labor Day weekend car sales are coming up, automakers are offering some great deals this month. Take a look at August’s best lease deals before you head to the dealership to find one that works for your budget.
Need a three-row SUV to haul the kids to football practice this fall? Check out the lease deals on models like the Buick Enclave, GMC Yukon, Hyundai Santa Fe, Dodge Durango and Toyota Highlander.
If you want to head back to school in a new ride, there are lots of good lease deals on compact cars and hatchbacks this month. Many models have monthly payments less than $200, including the Honda Civic and Fit, Volkswagen Jetta, Chevrolet Cruze, Ford Focus, Kia Forte, Nissan Sentra and Subaru Impreza.
New and redesigned 2015 models are being offered with some great lease deals this August. The 2015 Hyundai Sonata is $199 a month for three years with $2,399 down. Honda’s 2015 Fit has two lease offers this month: $149 a month for three years with $1,999 due at signing or $190 a month for three years with $0 down and no first month’s payment. Subaru has a three-year lease deal on the all-new 2015 Legacy in August of $229 a month with $1,999 down.
[Related: Buying vs. Leasing]
If a luxury vehicle is more your style, there are plenty of options this month. You can lease the 2014 BMW 3-Series for $309 a month for three years with $3,784 due at signing. The 2014 Mercedes-Benz CLA-Class is $329 a month for three years with a $3,623 down payment. Lexus is offering a free first month’s payment on its 2014 IS 250, and a lease deal of $349 a month for 27 months with $1,199 to $1,299 down, depending where you live. The 2014 Cadillac CTS can be leased for $459 a month for three years with $4,299 due at signing this August.