Female car dealer standing in showroom.

Best $199 New Car Lease Deals Available for July 2015

If you don’t put many miles on your vehicle and like to drive a new car every few years, you may want to look into leasing your next vehicle. At any given time, there are many factory-backed new car lease deals allowing you to drive a mainstream vehicle for around the $199 a month price point.

Keep in mind, leasing is not for everyone and not all leases are created equal. Some leases have very low monthly payments but come with a large amount due at signing (normally around a couple thousand dollars). While others require no money due at signing with a slightly higher monthly payment. Every once in a while a manufacturer will run a combination of both zero down with low monthly payments.

One of the best lease deals available is from Chevrolet on the 2015 Malibu sedan. If you’re a current General Motors lessee, you can pay zero down and drive a Malibu for three years for only $169 per month. If you’re not a current GM lessee you’ll need $1,500 due at signing. The offer includes 30,000 miles of use which comes to approximately 833 miles per month.

Kia Motors is also offering 24 – 36 month zero down lease deals on three of their more popular models. The Kia Forte LX, Optima LX and Kia Soul do not require any money due at signing and have monthly payments ranging anywhere from $170 to $229 a month. These kinds of deals will even make a hamster smile. Kia’s lease deals vary per region, so you will want to check with local dealerships to make sure which ones are available in your local area.

The very popular 2015 Jeep Cherokee has few regional offers on its front and four wheel drive versions. These offers allow you to lease a Cherokee for only $189 or $199 per month, depending on the model, for 36 months. Jeep’s lease deal gives you 30,000 miles for the term and the money due at signing varies depending on the region you live, if the offers are even available in your area.

Note: When shopping for a new car lease, always inquire about mileage limitations, acquisition, disposition, and any other hidden fees that may be required. Lease incentives may vary by region and can change or be cancelled without notice, they’re also subject to vehicle availability. Always check with several dealers in your area to get a good idea of what’s available in your local market. For more tips on how to save the most money when buying a new car, read my new car shopping tips here.

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

Available $199 New Car Lease Deals for the Month of July 2015

Year Make ModelLease PaymentTermDue a SigningOffer Ends
2015 Buick Encore$19024$1,690July 31, 2015
2015 Buick Verano$19936 – 39up to $2,539July 31, 2015
2015 Chevrolet Equinox LT$19924$1,929 – $2,429August 31, 2015
2015 Chevrolet Malibu$16936$0 – $1,500August 31, 2015
2015 Chevrolet Trax$19936$939 – $1,439August 31, 2015
2015 FIAT 500 Sport$139 – $18936Varies per region, shop carefullyAugust 3, 2015
2015 Ford C-Max Hybrid$139 – $19924 – 36$2,659 in Southern CaliforniaSeptember 30, 2015
2015 Ford Escape$169 – $21924 – 36$2,513 – $3,513September 30, 2015
2015 Ford Focus Electric$19936$2,089September 30, 2015
2015 Ford Fusion$149 – $20924 – 36Varies per regionSeptember 30, 2015
2015 Honda Accord LX-S Coupe$20936$2,099September 7, 2015
2015 Honda Accord LX Sedan$18936$1,999September 7, 2015
2015 Honda CR-V$20936$1,999September 7, 2015
2015 Honda CR-Z$20936$2,699September 7, 2015
2015 Hyundai Elantra GT$17936$1,999July 31, 2015
2015/16 Hyundai Elantra SE$159 – $17936$1,499July 31, 2015
2015 Hyundai Sonata SE$17936$1,999 + $400 Disposition FeeJuly 31, 2015
2015 Hyundai Veloster$17936$1,999July 31, 2015
2015 Jeep Cherokee$189 – $19936Varies by model and regionAugust 3, 2015
2015 Jeep Compass$149 – $19936$2,999August 3, 2015
2015 Jeep Patriot$15936$2,999August 3, 2015
2015 Kia Optima LX$170 – $20924 – 36$0 – VariesSeptember 8, 2015
2015 Kia Forte LX$199 – $20936$0September 8, 2015
2015 Kia Soul$22936$0September 8, 2015
2015 Mazda 6$19936$1,999August 31, 2015
2016 Mitsubishi i-MiEV$18936$3,388July 31, 2015
2015 Mitsubishi Lancer ES CVT$18924$1,999July 31, 2015
2015 Mitsubishi Outlander$199 – $24036$3,398 – $3,958July 31, 2015
2015 Mitsubishi Outlander Sport$179 – $24136$3,731 – $3,790July 31, 2015
2015 Nissan Altima 2.5 S$179 – $18936$1,799July 31, 2015
2015 Nissan Juke SL$18936$2,999July 31,2015
2015 Nissan Rogue Select$179 – $18736$2,599July 31, 2015
2015 Scion tC$24936$0August 31, 2015
2014 Scion xB$22936$0August 31, 2015
2015 Smart Fortwo Electric Drive Cabriolet$199 – $21924 – 36Varies by region + $395 Disposition FeeJuly 31, 2015
2015 Smart Fortwo Passion Cabriolet$199 – $21924 – 36$1,503 + $395 Disposition FeeJuly 31, 2015
2014 Subaru Impreza 2.0i Premium$209 – $21936$0August 3, 2015
2015 Subaru Legacy$20924 – 36$1,979August 3, 2015
2015 Toyota Camry$179 – $19924 – 36Varies by region + May include a disposition fee and $650 acquisition feeAugust 3, 2015
2015 Toyota Corolla$169 – $18924 – 36Varies by region + May include a disposition fee and acquisition feeAugust 3, 2015
2015 Toyota Prius$179 – $20924 – 36Varies by regionAugust 3, 2015
2015 Toyota Prius C$179 – $19924 – 36Varies around $2000August 3, 2015
2015 Toyota Prius V$20936Varies by regionAugust 3, 2015
2015 Toyota RAV4$20936Varies by region + May include a disposition fee and $650 acquisition feeAugust 3, 2015
2015 Volkswagen Beetle$20936$1,999July 31, 2015
2015 Volkswagen Passat 1.8T S$17936Varies by regionJuly 31, 2015
2015 Volkswagen Tiquan 2.0T S$17936$2,499July 31, 2015

Source: Automakers

Competition Between Dealers Always Gets You the Best Price

When negotiating lease price of a new car, truck or SUV, it’s important to know what dealer invoice price is and what other people are paying for the same vehicle in your local area. Otherwise, you won’t know what’s a good price to pay for the vehicle. I highly recommend using an online referral service such as Ryde Shopper and Motor Trend, their quotes will automatically include any discounts or cash-back incentives currently available.

In addition, the above sites will tell you which dealerships in your local area are currently the most flexible with their new car pricing. These sites provide valuable information for anyone thinking about buying or leasing a new vehicle.