Young family buying a car from an automobile dealership.

$199 New Car Lease Deals Available for June 2015

Can you buy and drive a new car for only $199 per month? The answer is yes, there are actually many new car leases hovering around the $200 a month price point.

Leasing has become very popular with new car shoppers and is a great alternative to the traditional retail installment contract (Purchase). Leasing allows you to drive a lot more vehicle, while keeping your monthly payments low and affordable. It also keeps you from the agony of having to buy and sell your car every few years.

With the increase in leasing by consumers, manufacturers are responding by offering additional lease deals on some of the more popular, high demand, mainstream vehicles.

Contrary to popular belief you don’t have to put down four or five thousand dollars down to have a lease payment of $199. Most of the vehicles on the list below only require a couple thousand down. However, there are a few around the $199 payment range that have no money due at signing. Scion is offering their 2015 Scion iQ for $189 per month for 36 months with $0 due at signing. The vehicle may be small but if it fits your driving needs, you can drive it for almost nothing.

Subaru has a few 2014 Subaru Impreza 2.0i Premiums left over, you can drive it for as little as $209 – $219 per month with zero due at signing, the reason for the difference in payments is there are variances by zip code and region. Subaru is also offering their 2015 Subaru Legacy for only $209 per month for 24 or 36 months with $1,979 due at signing. The lease deal includes 1000 miles a month, with an additional 15 cents per mile overage.

Remember: Always ask what your mileage limitations, acquisition and disposition fees are upfront and always read the fine print. Leasing incentives vary by region, can change or be cancelled without notice. They’re also subject to vehicle availability. You should always check with several dealers in your area to get a good idea of what’s available in your local market. For more new car buying tips, advice and secrets, read my chapter on buying a new car here.

Check out the list below for all the new car lease deals around the $199 per month price point.

Available $199 New Car Lease Deals for June 2015

Year Make ModelLease PaymentTermDue a SigningOffer Ends
2015 Buick Encore$179 | $19924$1,699June 30, 2015
2015 Buick Verano$19939$1,039 – $2,539June 30, 2015
2015 Chevrolet Equinox LT$19924$1,929 – $2,429June 30, 2015
2015 Chevrolet Malibu$17936$1,519 – $2,019June 30,2015
2015 Chevrolet Sonic$179 | $20939$1,659 – $1,869June 30,2015
2015 Chevrolet Trax$19936$1,439June 30, 2015
2015 Chrysler 200$199 | $26936$0 – $1,999June 30, 2015
2015 FIAT 500L$19936$2,699June 30, 2015
2015 Ford C-Max Hybrid$19924$3,013 – $4,013July 6, 2015
2014 Ford Edge$21924$3,000July 6, 2015
2015 Ford Escape$179 | $19924$2,523 – $3,523July 6, 2015
2014 Ford Flex$18924$3,889July 6, 2015
2015 Ford Fusion$179 | $21924Varies per regionJuly 6, 2015
2015 Honda Accord LX-S Coupe$20936$2,099July 6, 2015
2015 Honda Accord LX Sedan$19936$1,999July 6, 2015
2015 Honda CR-V$20936$1,999July 6, 2015
2015 Hyundai Sonata SE$17936$1,999July 6, 2015
2015 Jeep Cherokee$18936Varies by model and regionJune 30,2015
2015 Jeep Compass$169 | $19936$2,999June 30,2015
2015 Jeep Patriot$15936$2,999June 30, 2015
2015 Kia Optima LX$168 | $18924 |36Varies by regionJuly 6, 2015
2015 Kia Soul$18936$1,999July 6, 2015
2015 Mazda 3 iSport Five Door$18936$1,969June 30, 2015
2015 Mazda 6$18936$1,969June 30, 2015
2016 Mitsubishi i-MiEV$18936$3,388June 30, 2015
2015 Mitsubishi Lancer ES CVT$18936$1,999June 30, 2015
2015 Mitsubishi Outlander$199 | $20936$3,398 – $3,958June 30, 2015
2015 Mitsubishi Outlander Sport$20736$3,756June 30, 2015
2015 Nissan Altima 2.5 S$179 | $18936$1,799June 30, 2015
2015 Nissan Juke SL$20936$2,999June 30,2015
2015 Nissan Rogue$219 | $24936$2,699June 30,2015
2015 Nissan Rogue Select$189 | $19636$2,599June 30, 2015
2015 Scion iQ$18936$0July 6, 2015
2015 Scion tC$24936$0July 6, 2015
2014 Scion xB$22936$0July 6, 2015
2015 Smart Fortwo Electric Drive Cabriolet$199 | $21924 | 36Varies by regionJune 30, 2015
2014 Subaru Impreza 2.0i Premium$209 | $21936$0June 30, 2015
2015 Subaru Legacy$20924 | 36$1,979June 30,2015
2015 Toyota Camry$179 | $19924 | 36Varies by regionJuly 6, 2015
2015 Toyota Corolla$169 | $20924 | 36Varies by regionJuly 6, 2015
2015 Toyota Prius$189 | $23924 | 36Varies by regionJuly 6, 2015
2015 Toyota Prius C$169 | $20924 | 36Varies around $2000July 6, 2015
2015 Toyota Prius Plug-in$219 | $27924 | 36Varies by regionJuly 6, 2015
2015 Toyota Prius V$219 | $27924 | 36Varies by regionJuly 6, 2015
2015 Toyota RAV4$19924 | 36Varies by regionJuly 6, 2015
2015 Volkswagen Beetle$20936$1,999June 30, 2015
2015 Volkswagen Golf Two-Door$20936$1,999June 30, 2015
2015 Volkswagen Passat 1.8T S or Limited Edition$189 | $19936Varies by regionJune 30, 2015
2015 Volkswagen Tiquan 2.0T S$17936$2,499June 30, 2015

When negotiating a car’s lease price, it’s important to know the dealer invoice price and what other people are paying in your local area. Otherwise, you won’t know what’s a good price to negotiate for. You can view these prices at Ryde Shopper and Motor Trend, these sites are invaluable for anyone thinking about buying or leasing a new car.