Best Car Lease Deals for Teenagers [June 2024]

Best Lease Deals for Teens

Finding the best lease deals for teenagers can be challenging, especially when seeking affordability, reliability, and safety.

Whether your teen is looking for their first car or a stylish upgrade, we’ve found the best lease deals to consider.

We highlight vehicles with advanced safety features, affordable monthly payments, and low maintenance costs—ideal for new drivers.

Explore these deals to find the perfect blend of value and peace of mind.

Want more lease deals? We also collect all types of lease deals across all brands and vehicle types.

Top Car Lease Deals for Teenagers

If you're looking for the best lease deals for teenagers and first-time drivers, here are some of the best options:

#1 Deal: 2023 Nissan ARIYA

Lease Deal: $109/month for 18 months, $3,929 due at signing

>> Check Nissan ARIYA Prices <<


 

#2 Deal: 2024 Hyundai Kona Electric

Lease Deal: $199/month for 24 months, $1,999 due at signing

>> Check Hyundai Kona Electric Prices <<


 

#3 Deal: 2024 Hyundai Ioniq 5

Lease Deal: $229/month for 24 months, $3,499 due at signing

>> Check Hyundai Ioniq 5 Prices <<


 

#4 Deal: 2024 Infiniti QX80

Lease Deal: $659/month for 18 months, $5,941 due at signing

>> Check Infiniti QX80 Prices <<


 

#5 Deal: 2023 Subaru Solterra

Lease Deal: $329/month for 36 months, $329 due at signing

>> Check Subaru Solterra Prices <<


 

YearMakeModelLease OffersExpirationCheck Prices
2023NissanARIYA$109/month for 18 months, $3,929 due at signing7/8/24Check Prices
2024HyundaiKona Electric$199/month for 24 months, $1,999 due at signing7/1/24Check Prices
2024HyundaiIoniq 5$229/month for 24 months, $3,499 due at signing7/1/24Check Prices
2024InfinitiQX80$659/month for 18 months, $5,941 due at signing7/1/24Check Prices
2023SubaruSolterra$329/month for 36 months, $329 due at signing7/1/24Check Prices

Can Teens Lease a Car?

Can Teens Lease a CarBefore getting a car lease for teens, consider the minimum leasing age.

Teens can lease a car, but they must be 18 or over.

For teens under 16, the car lease must be in an adult’s name.

The good news is that your teen can drive a car that their parent leases, as long as they are on the insurance and have a valid license.

Should I Lease a Car for My Teen?

Leasing a car can be an affordable option for teens. Young drivers can lease cars so long as they’re over 18.

A few of the top benefits of leasing a car as a young driver include:

  • Should I Lease a Car for My TeenHelp build credit score: Adhering to your monthly payments helps build credit if the lease is in your name. This can help young drivers improve their credit, which can help later on. However, missed lease payments will negatively impact your score, so make sure you can afford the monthly cost of the lease.
  • Budgeting benefits: Saving up to buy a car outright can be tough. Leases offer fixed monthly payments, which can help young drivers budget.
  • Access to newer models: Leasing is an affordable way to access newer car models. Drive cars with the latest technology and safety features without having to buy a new car each time.

Despite the benefits, teen drivers should be aware of a few things regarding leases, including:

  • You do not own the car after the lease
  • You cannot customize the lease vehicles
  • Stick to mileage limits or face penalties
  • Damages may also result in penalties
  • Tax, fuel, and insurance are additional costs on top of the lease payment

Are There Any Discounts for Teen Drivers?

Teen Driver DiscountsThere are no specific lease deals for teen drivers; however, some automakers provide student and graduate discounts.

Student discounts often apply to current college students or recent graduates (up to 2 years) who have a job or job offer.

Check our guide for the best car discounts for college students and grads!

Frequently Asked Questions

How old do you need to be to lease a car?

You must be 18 years old to lease a car. However, you can lease a vehicle as an adult and allow your teen to drive it as long as they are on the insurance policy and hold a valid license.

Should I lease a car for my teenager?

Leasing a car for teens helps them enjoy newer cars for more affordable rates. If your teen is under 18, an adult must lease the car and have them on insurance for them to drive it. If you are 18 or older, leasing a car offers a way to build credit and provides predictable monthly payments.

How can my teen get the best deal on their car lease?

To help your teen secure the best car lease deal, compare offers from multiple dealerships, negotiate terms like down payments and mileage limits, and focus on vehicles with strong reliability and safety ratings. Consider leasing incentives, and thoroughly read the contract before signing to avoid hidden fees.