Best Lease Deals For December 2023

Best Lease Deals Featured

Many manufacturers are offering lease deals and incentives this month on 2022 and 2023 models for all different types of vehicles.

We've compiled all the current lease offers for this month and made our top picks for each category.

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

Editor's Note: I would expect better deals for the year end holidays, but the market still seems to be adjusting.

However, the one manufacturer worth calling out, is Volkswagen, they are one of the few manufacturers that offer true zero down lease specials.

We're also seeing a lot of lease deals come out for 2024 models right now.

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How We Collect & Rank Lease Deals

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

We determine our top picks by calculating the total lease cost and factoring in the MSRP. We also consider historical data, highlighting models that haven’t seen deals recently when they emerge with new offers.

Best Lease Deals Right Now (across all vehicle types)

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

2023 Volkswagen Taos#1 Deal: 2024 Volkswagen Taos

Lease Deal: $459/month for 36 months, $0 due at signing

>> Check Volkswagen Taos Prices

Get Price Change Alerts
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Volkswagen Taos - Price Drop Alerts
Want the best deal? Get notified when the market price changes for the Volkswagen Taos so you can pounce when the price is right.
We'll also email you as soon as new car deals are published each month along with our best car buying tips to save you money!

 

Hyundai Palisade#2 Deal: 2024 Hyundai Palisade

Lease Deal: $489/month for 36 months, $0 due at signing

>> Check Hyundai Palisade Prices

Get Price Change Alerts
×
Hyundai Palisade - Price Drop Alerts
Want the best deal? Get notified when the market price changes for the Hyundai Palisade so you can pounce when the price is right.
We'll also email you as soon as new car deals are published each month along with our best car buying tips to save you money!

 

2020 Volvo V60#3 Deal: 2024 Volvo V60

Lease Deal: $915/month for 36 months, $4,915 due at signing

>> Check Volvo V60 Prices

Get Price Change Alerts
×
Volvo V60 - Price Drop Alerts
Want the best deal? Get notified when the market price changes for the Volvo V60 so you can pounce when the price is right.
We'll also email you as soon as new car deals are published each month along with our best car buying tips to save you money!

 

2021 VW Tiguan#4 Deal: 2024 Volkswagen Tiguan

Lease Deal: $489/month for 36 months, $0 due at signing

>> Check Volkswagen Tiguan Prices

Get Price Change Alerts
×
Volkswagen Tiguan - Price Drop Alerts
Want the best deal? Get notified when the market price changes for the Volkswagen Tiguan so you can pounce when the price is right.
We'll also email you as soon as new car deals are published each month along with our best car buying tips to save you money!

 

Volkswagen Atlas Cross Sport#5 Deal: 2024 Volkswagen Atlas Cross Sport

Lease Deal: $619/month for 36 months, $0 due at signing

>> Check Volkswagen Atlas Cross Sport Prices

Get Price Change Alerts
×
Volkswagen Atlas Cross Sport - Price Drop Alerts
Want the best deal? Get notified when the market price changes for the Volkswagen Atlas Cross Sport so you can pounce when the price is right.
We'll also email you as soon as new car deals are published each month along with our best car buying tips to save you money!

 

YearMakeModelLease OffersExpirationCheck Prices
2024VolkswagenTaos$459/month for 36 months, $0 due at signing1/2/24Check Prices
2024HyundaiPalisade$489/month for 36 months, $0 due at signing1/2/24Check Prices
2024VolvoV60$915/month for 36 months, $4,915 due at signing1/2/24Check Prices
2024VolkswagenTiguan$489/month for 36 months, $0 due at signing1/2/24Check Prices
2024VolkswagenAtlas Cross Sport$619/month for 36 months, $0 due at signing1/2/24Check Prices

Our Top Pick in Each Vehicle Class & Category

Zero Down (or Low Payment) Lease Deals

Hyundai Palisade

Hyundai Palisade

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 Hyundai Palisade with a deal of $489/month for 36 months, $0 due at signing.

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

Lease Deals Under $200 per Month

Buick Encore GX

Buick Encore GX

You can find many affordable lease deals for under two hundred dollars per month. Our top pick this month is the 2023 Buick Encore GX with a deal of $199/month for 24 months, $3,989 due at signing.

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

Cheapest Lease Deals

2020 Hyundai Venue

Hyundai Venue

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 2023 Hyundai Venue with a deal of $209/month for 36 months, $3,499 due at signing.

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

Truck Lease Deals

2022 Ford Maverick

Ford Maverick

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 2023 Ford Maverick with a deal of $325/month for 48 months, $2,744 due at signing.

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

SUV Lease Deals

Hyundai Kona

Hyundai Kona

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 2024 Hyundai Kona with a deal of $232/month for 36 months, $4,012 due at signing.

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

Minivan Lease Deals

Kia Carnival

Kia Carnival

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 2024 Kia Carnival MPV with a deal of $409/month for 36 months, $3,499 due at signing.

See all our picks for the best minivan lease deals for December »

Luxury Lease Deals

2020 Audi A3

Audi A3

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 Audi A3 with a deal of $460/month for 36 months, $4,290 due at signing.

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

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.