Lease These 5 New Cars for Under $200 this February

Auto experts may have a lot of opinions on whether leasing a new car is a smart idea, but there’s one important fact that makes it a financially savvy choice: you can lease a car for less than $200 right now.

Automakers and dealerships offer regular deals and financing offers on leases, and this month is a great time to save. For $200 or less, you can enjoy some of the newest cars on the road. You just need to know the latest deals on different makes and models to get behind the wheel of a brand new car for less.

The following cars are available for incredible lease prices — they offer the lowest monthly lease payment and the lowest out-of-pocket cost options at dealerships across the country. From SUVs to luxury sedans to compact crossovers, these are the cars you can lease right now for less than $200.

2018 Honda Fit LX and Sport

Need a small car to get you around town every day? You can lease the 2018 Honda Fit LX or Sport for $169 a month on a 12,000-mile, 36-month lease with $2,299 due at signing.

The 2018 Honda Fit seems more like a small SUV rather than a subcompact hatchback, with up to 57.2 cubic-feet of cargo space, with rear seats down. With seats up, you’ll get plenty of leg room for adults and the rear seats recline for comfort on those extra-long road trips. With the 128-horsepower 1.5-liter four-cylinder engine, fuel economy rivals many hybrid models with 33-40mpg city-highway. It’s available with manual or automatic transmission.

2018 Subaru Impreza 2.0i Sedan Manual

A roomy sedan with extra cargo space, the 2018 Subaru Impreza is a car that combines safety, comfort, and efficiency — and you can lease this vehicle for $189 a month on a 12,000-mile, 36-month lease with $1,899 due at signing.

The 2018 Impreza 2.0i is available as a roomy sedan or hatchback with extra cargo space. It’s equipped with a 152-horsepower 2.0-liter Boxer engine that delivers up to 28-38 mpg city-highway estimated fuel economy. Standard features include a five-speed manual transmission, 16-inch steel wheels, and keyless entry. Brake assist and a rear-view camera come standard as safety features. The Impreza 2.0i is loaded with comfort and convenience features, and with a low lease price, it’s a steal this month.

2018 Honda HR-V LX

Honda is adored around the world for its reliable and affordable vehicles, and the 2018 HR-V LX is no different. And right now, through February 28, it can be yours for just $189 a month with a 12,000-mile, 36-month lease. You’ll just need to have $2,299 for a deposit at signing.

The 2018 Honda HR-V is more than just a great lease deal. This car leads the subcompact SUV segment in affordability, functionality, and versatility. It’s equipped with 141-horsepower 1.8-liter four-cylinder engine with six-speed manual or optional CVT automatic transmission that provides excellent fuel economy at 28-34 city-highway mpg. The HR-V offers multiple smart passenger seating and cargo hauling arrangements.

2018 Acura ILX Base 8-Spd DCT

Luxury is affordable, especially if you choose to lease rather than buy. The 2018 Acura ILX is available right now for just $199 a month on a 10,000-mile, 36-month lease with $2,499 due at signing. But that’s not the only deal you can score on the Acura ILX. Right now, Acura dealerships nationwide are offering a President’s Day bonus cash incentive of $1,350, $650 in ILX loyalty cash, and $2,500 Acura captive lease cash, making this lease even sweeter.

The 2018 Acura ILX is an entry-level luxury sedan that’s equipped with a 201-horsepower 2.4-liter four-cylinder engine with an eight-speed dual-clutch automatic transmission. Available in front-wheel drive, it gets 24mpg city and 35 mpg highway fuel economy. The ILX has heated side mirrors and LED head- and tail- lights. Though it’s the base model, the ILX Base is a stunning sedan that gives you the greatest luxury comforts for far less.

2018 Buick Encore Base FWD

Another luxury steal this month is the 2018 Buick Encore in base trim. Make long trips and family vacations more comfortable and tech-savvy with this SUV suited for towing, carrying passengers, and enjoying the ride. Right now, through February 28, you can lease the Encore for $199 a month on a 10,000-mile, 39-month lease with $2,259 due at signing. Want to save a little more? Check with your local GM dealership for special offers — the automaker loves to offer lease rebates and incentives like $2,000 in lease bonus cash.

Get ready for a quiet and peaceful ride in the 2018 Encore thanks to Buick’s industry-leading electronic and mechanical technology called QuietTuning. The 138-horsepower 1.4-liter turbocharged engine paired with a six-speed automatic transmission gives you plenty of power for hauling and towing. The 2018 Encore has plenty of premium features, and who doesn’t want to enjoy luxury for less?

Even on a budget, you can get behind the wheel of a brand new car with the latest features, efficiency, and more. These lease deals prove that, with a little effort and research, you can lease a car for under $200 a month. And don’t forget to ask about other lease incentives when at the dealership. Additional unadvertised cash, APR and payment incentives may be available at your local dealer.

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