Current Lease Offers For May 2025: Our Top Picks

In our search for the best lease deals for car buyers, we carefully went through every car brand’s official website.

We focused on finding lease offers with the lowest monthly payments and the least amount of money needed upfront at signing relative to the MSRP.

Our thorough search aimed to help car buyers find great deals. We wanted to ensure you get a good value and save money on their next car lease.

Best Lease Deals Right Now (Across All Vehicle Types)

Here’s our picks for the best vehicle lease deals for the month of May.

At the start of each month, we meticulously search for deals from all major manufacturers, sourcing them directly.

In our evaluation of car lease deals, we first calculated the lease value ratio by dividing the monthly payment by the car’s market value, seeking lower ratios for better value.

We then considered the lease term, favoring shorter terms for their flexibility despite potentially higher monthly payments. Our focus also included the down payment, preferring deals with low or no initial payment to reduce overall lease costs.

Additionally, we calculated the total lease cost, to compare deals accurately. Finally, we factored in special offers and incentives from manufacturers, such as reduced interest rates or discounts, which significantly impact the lease’s financial appeal.

This comprehensive approach helped us effectively determine the best value lease deals for you.

1. 2024 Kia Niro EV

Lease Deal: $129/month for 24 months, $3,999 due at signing

Check Kia Niro EV Prices

2. 2025 Hyundai Ioniq 6

Lease Deal: $169/month for 24 months, $3,999 due at signing

Check Hyundai Ioniq 6 Prices

3. 2024 Jeep Wrangler 4xe

Lease Deal: $229/month for 24 months, $4,259 due at signing

Check Jeep Wrangler 4xe Prices

4. 2024 Subaru Solterra

Lease Deal: $249/month for 36 months, $249 due at signing

Check Subaru Solterra Prices

5. 2025 Lexus RZ 450e

Lease Deal: $399/month for 27 months, $3,999 due at signing

Check Lexus RZ 450e Prices

Year	Make	Model	Lease Offers	Expiration	Check Prices
2024	Kia	Niro EV	$129/month for 24 months, $3,999 due at signing	6/2/25	Check Prices
2025	Hyundai	Ioniq 6	$169/month for 24 months, $3,999 due at signing	6/2/25	Check Prices
2024	Jeep	Wrangler 4xe	$229/month for 24 months, $4,259 due at signing	6/2/25	Check Prices
2024	Subaru	Solterra	$249/month for 36 months, $249 due at signing	6/2/25	Check Prices
2025	Lexus	RZ 450e	$399/month for 27 months, $3,999 due at signing	6/2/25	Check Prices

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Our Top Pick for Each Vehicle Class & Category

Zero Down (or Low Down Payment) Lease Deals

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 2024 Subaru Solterra with a deal of $249/month for 36 months, $249 due at signing.
See all our picks for the best zero down lease deals for May »

Lease Deals Under $200 or $300 Per Month

You can find many affordable lease deals for under two hundred dollars per month.
Our top pick this month is the 2025 Hyundai IONIQ 6 with a deal of $169/month for 24 months, $3,999 due at signing.
See all our picks for the best lease deals under $200 per month for May »

Cheapest Lease Deals

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 2025 Hyundai Elantra with a deal of $199/month for 24 months, $3,499 due at signing.
See all our picks for the cheapest lease deals for May »

Truck Lease Deals

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 2025 Honda Ridgeline with a deal of $409/month for 36 months, $3,899 due at signing.
See all our picks for the best truck lease deals for May »

SUV Lease Deals

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 2025 Hyundai Kona Electric with a deal of $189/month for 24 months, $3,999 due at signing.
See all our picks for the best SUV lease deals for May »

Minivan Lease Deals

Minivans are not just for “soccer moms”, they are great for anyone who wants an affordable vehicle with a ton of room. There’s plenty of minivan lease options to choose from.
Our top pick this month is the 2025 Chrysler Pacifica Plug-in Hybrid with a deal of $499/month for 36 months, $4,449 due at signing.
See all our picks for the best minivan lease deals for May »

Luxury Lease Deals

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 2024 Mercedes-Benz EQE Sedan with a deal of $539/month for 36 months, $6,683 due at signing.
See all our picks for the best luxury vehicle lease deals for May »

Other Lease Deals

See all our picks for the best lease deals for first-time car buyers for May »
See all our picks for the best lease deals for teens for May »
See all our picks for the best lease deals for seniors for May »

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Frequently Asked Questions

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.

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.

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.

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.

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.

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.

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.

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.