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Best Lease Deals For April 2021

Best Lease Deals

Best Lease DealsMany manufacturers are offering lease deals and incentives this month on 2020 and 2021 models for all different types of vehicles.

Let's break down these offers by category and highlight some of the best lease deals right now.

Best Lease Deals Right Now (across all vehicle types)

Here's our picks for the best vehicle lease deals for the month of April.

YearMakeModelLease OffersExpiration
2021HyundaiKona$219/month for 36 months, $0 due at signing4/30/2021
2021KiaSportage$159/month for 36 months, $3,637 due at signing5/3/2021
2021NissanLeaf$181/month for 36 months, $181 due at signing5/3/2021
2021VolkswagenJetta$239/month for 39 months, $0 due at signing5/3/2021
2021NissanFrontier$269/month for 36 months, $2,719 due at signing5/3/2021
2021HondaRidgeline$329/month for 36 months, $3,099 due at signing5/3/2021
2021LexusUX$319/month for 36 months, $1,999 due at signing5/3/2021
2021InfinitiQ50$379/month for 39 months, $3,599 due at signing4/30/2021
2021ToyotaCorolla$139/month for 36 months, $2,999 due at signing5/3/2021
2021HondaAccord$310/month for 36 months, $0 due at signing5/3/2021

Our Top Pick in Each Vehicle Class & Category

Zero Down Lease Deals

2021 Hyundai Sonata

Hyundai Sonata

One of our favorite types of lease incentive is the no money down offer. Even when brands don't advertise, you can often negotiate a zero down payment deal as well.  Our top pick this month is the 2021 Hyundai Sonata with a deal of $229/month for 36 months, $0 due at signing.

See all our picks for the best zero down lease deals for April »

Lease Deals Under $200 per Month

2021 Toyota Corolla

Toyota Corolla

You can find many affordable lease deals for under two hundred dollars per month. Our top pick this month is the 2021 Toyota Corolla with a deal of $139/month for 36 months, $2,999 due at signing.

See all our picks for the best lease deals under $200 per month for April »

Cheapest Lease Deals

2020 Hyundai Kona

Hyundai Kona

When you think of a cheap car, you probably have low expectations.  But we've found some deals with good leasing terms without sacrificing quality.  Our top pick this month is the 2021 Hyundai Kona with a deal of $219/month for 36 months, $0 due at signing.

See all our picks for the cheapest lease deals for April »

Truck Lease Deals

2021 Honda Ridgeline

Honda Ridgeline

If you want a pickup truck but are scared of the price tag, there are plenty of good lease options to consider this month.  Our top pick this month is the 2021 Honda Ridgeline with a deal of $329/month for 36 months, $3,099 due at signing.

See all our picks for the best truck lease deals for April »

SUV Lease Deals

Volkswagen Atlas Cross Sport

VW Atlas Cross Sport

Need a little extra space or 4 wheel drive? There's plenty of SUV lease options to choose from.  Our top pick this month is the 2021 Volkswagen Atlas Cross Sport with a deal of $369/month for 39 months, $0 due at signing.

See all our picks for the best SUV lease deals for April »

Luxury Lease Deals

2021 Audi A4

Audi A4

If you're ready to treat yourself to a high-end ride, there are many sophisticated car and SUV options that won't break the bank.  Our top pick this month is the 2021 Audi A4 with a deal of $359/month for 36 months, $4,253 due at signing.

See all our picks for the best luxury vehicle lease deals for April »

Best Lease Deals (Video)

Frequently Asked Questions

Can you lease without a down payment?

Yes, some car brands advertise zero down leases.  Here’s the full list of zero down offers right now.

Even if it’s not advertised, some dealers make the down payment optional if you meet their credit requirements.  Keep in mind that a zero down lease will raise your monthly payment since you are not pre-paying some of the lease obligation.

Is it cheaper to buy or lease a car?

Monthly payments are cheaper when leasing a car.  But if you buy and keep a car after it’s paid off, it’s cheaper in the long run. Here are some of the cheapest lease offers with monthly payments under $200.

Does leasing a car build credit?

Yes, leasing a car builds credits in the same way that buying a car does.  You just need to show a history of paying in full and on time.

What credit score do I need to lease a car?

With some exceptions, the typical minimum credit score to lease a car is 620. However, unless your credit score is over 680, you will not qualify for the best lease deals.

What is capitalized cost in a car lease?

Capitalized cost is the total amount being financed with a lease.  This is the price of the vehicle and all associated fees, minus whatever you pay in cash for your down payment and your trade-in.

What is the money factor in a car lease?

The money factor is the financing rate on a lease, similar to interest paid on a loan, but expressed a little differently.  The lower the money factor, the less your monthly payment will be.

Is it better to buy or lease a car?

Leasing a car does result in lower monthly car payments.  But for most car buyers, it makes more financial sense to buy a car outright than to lease.  The exceptions are if you are deducting the car as a business expense or you want to replace your car every 2-3 years.  Learn more about the reasons to buy or lease a car.

Why do dealers want you to lease?

Dealers love to offer leases because they will make more profit than a typical car sale.  And consumers are less likely to negotiate a lease due to seemingly low payments and confusing financial terms like money factor and capitalized cost.