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Best Car, Truck and SUV Lease Deals Under $199

Making Sense of the $199 Lease Deals
May 9th, 2022

$199 Lease Deals for May

Even amid all the uncertainty facing car shoppers and dealers alike, it's still possible to drive a brand-new car for about $199 per month. Leasing is a great way to keep your monthly payments and repair expenses low while driving a new vehicle every few years. At any given time, many deals are clustered around that price, and smart shoppers can often find local bargains for even less.

Here are some examples of lease deals currently advertised on manufacturer websites at or near $199 per month. Some aren't available in all regions of the United States, so check with dealers in your area to find the best deals near you. Most of these offers end on or near the last day of the month.


Be Sure To Read the Fine Print

Not all leases are structured the same. Some ask for more money up front but have lower monthly payments, and some are the opposite. There are also times when the advertised special might only apply to a certain model. Remember that the quoted monthly payments do not include sales tax and other fees.

Keep an eye out for additional charges, such as acquisition and lease-end disposition fees that may not be advertised or that only show up in the fine print. They're legitimate fees and will affect your bottom-line cost.

Note that many of these deals might only be available to customers with top-tier credit scores or those with current leases.

When you're shopping, try to find a lease that strikes a balance between the miles you drive and your desire for a low monthly payment and low upfront fees. Note that advertised deals rarely include tax. When you're speaking to the dealer, make sure to ask for the total "out-the-door price," which includes things such as tax, the doc fee and the acquisition fee. This will give you a better view of all the costs. Compare those figures to other dealer quotes before making a decision.


SUV $199 Lease Deals

  1. MSRP:
    $25,795
    Lease Price:
    $169 per month for 24 months
    Due at Signing:
    $3,809
    Offer Expires:
    06/01/2022
    States Available:
    CT, DC, DE, MA, MD, ME, NH, NJ, NY, PA, RI, VT

    2022 Buick Encore

    The Encore's suite of driver safety aides is improved, but its engine is both underpowered and overly thirsty, netting subpar fuel economy for this class of vehicle.
  2. MSRP:
    $24,995
    Lease Price:
    $199 per month for 24 months
    Due at Signing:
    $3,679
    Offer Expires:
    06/01/2022
    States Available:
    CT, DC, DE, MA, MD, ME, NH, NJ, NY, PA, RI, VT

    2022 Chevrolet Equinox

    The Chevrolet Equinox is a solid crossover SUV, but some rival models are more appealing overall.
  3. MSRP:
    $25,015
    Lease Price:
    $169 per month for 24 months
    Due at Signing:
    $3,759
    Offer Expires:
    06/01/2022
    States Available:
    National (Lease price varies by state)

    2022 Chevrolet Trax

    The Trax is small and practical, but it's also slow and it doesn't have the best ride.
  4. MSRP:
    $22,545
    Lease Price:
    $179 per month for 36 months
    Due at Signing:
    $3,899
    Offer Expires:
    06/01/2022
    States Available:
    CT, DE, MA, ME, NH, NJ, NY, PA, RI, VT

    2022 Hyundai Kona

    Feature-packed and fun to drive, the Hyundai Kona is one of our favorite vehicles in the class.
  5. MSRP:
    $20,245
    Lease Price:
    $159 per month for 36 months
    Due at Signing:
    $2,899
    Offer Expires:
    06/01/2022
    State Available:
    AK, AL, AR, CA, CT, DE, FL, GA, HI, IA, IL, IN, KS, KY, LA, MA, ME, MI, MN, MO, MS, NH, NJ, NV, NY, OH, OK, OR, PA, RI, SC, TN, TX, VT, WA, WI

    2022 Hyundai Venue

    Hyundai takes the subcompact SUV to new dimensions -- tinier dimensions, that is -- with the Venue.
  6. MSRP:
    $31,580
    Lease Price:
    $199 per month for 36 months
    Due at Signing:
    $5,899
    Offer Expires:
    06/01/2022
    States Available:
    CT, MA, ME, NH, NY, RI, VT

    2022 Jeep Compass

    Easy-to-use technology features, a roomy back seat and better-than-average off-road abilities distinguish the Jeep Compass its competitors.
  7. MSRP:
    $22,500
    Lease Price:
    $199 per month for 24 months
    Due at Signing:
    $3,004
    Offer Expires:
    06/01/2022
    States Available:
    AL, AR, FL GA, KS, LA, MO, MS, NC, NM, OK, SC, TN, TX, VA

    2022 Mazda CX-30

    The Mazda CX-30 excels with a head-turning design, strong performance and a premium interior.

Sedan $199 Lease Deals

  1. MSRP:
    $21,245
    Lease Price:
    $189 per month for 36 months
    Due at Signing:
    $3,199
    Offer Expires:
    06/01/2022
    States Available:
    AK, AL, AR, CA, FL, GA, HI, IA, IL, IN, KS, KY, LA, MI, MN, MO, MS, NV, OH, OK, OR, SC, TN, TX, WA, WI

    2022 Hyundai Elantra

    The sleek and modern styling is a standout in the class, and even at its affordable price, it comes with an impressive list of standard features.
  2. MSRP:
    $20,615
    Lease Price:
    $199 per month for 24 months
    Due at Signing:
    $2,799
    Offer Expires:
    06/01/2022
    States Available:
    CT, MA, NH, NJ, NY, RI

    2022 Kia Forte

    The Kia Forte is one of Kia's smallest and least expensive vehicles, but it's also one of Kia's best.

Hybrid & Electric $199 Lease Deals

  1. MSRP:
    $24,645
    Lease Price:
    $199 per month for 36 months
    Due at Signing:
    $2,499
    Offer Expires:
    06/01/2022
    States Available:
    AK, AL, AR, CA, FL, GA, HI, IA, IL, IN, KS, KY, LA, MI, MN, MO, MS, NV, OH, OK, OR, SC, TN, TX, WA, WI

    2022 Hyundai Ioniq Hybrid

    The Ioniq Hybrid is a fuel-efficient commuter and errand runner, offering the practicality of a hatchback and great fuel economy.

Truck $199 Lease Deals


    Hatchback $199 Lease Deals


      Car Buying Tips & Advice: How to Lease a New Car | Edmunds

      Car Buying Tips & Advice: How to Lease a New Car | Edmunds

      For many car shoppers, leasing a car is a convenient option that minimizes monthly payments and eliminates many headaches that come with ownership. If you're thinking about leasing a new car, watch this video for a quick guide on how to calculate your monthly lease payment using term, down payment, mileage and residual value.

      FAQs