Best Lease Deals With No Money Down [November 2023 Edition]
November 3, 2023


I am a serial entrepreneur and a consumer advocate. When I’m not helping car buyers, I love working on ventures that have a positive impact.
I run a cause marketing agency and serve on the board of Vayu Global Health where we are disrupting the medical industry and preventing the needless deaths of mothers and babies during childbirth.
Leasing a vehicle has some big advantages of buying, especially with no money down.
While zero-down lease deals are quite rare now, they do still exist. Our car buying experts searched high and low to find you the best zero-down lease deals of month.
Here are the best lease deals with no money down and everything to know about getting one.
Editor's Note: I remember when zero down lease deals were more common, we're lucky if we even see one manufacturer offer this type of deal.
Based on my experiences, it usually comes down to Volkswagen and Hyundai who consistenly put out these deals. However, for this month, its only Volkswagen.
Table of Contents
- $0 Down Lease Key Takeaways
- Best Lease Deals With Zero Down Payment (or Low Payment)
- Cheapest Car to Lease No Money Down (or Low Payment)
- Cheapest SUV to Lease No Money Down (or Low Payment)
- What is a Zero Down Lease?
- What to Know About Leasing a Car
- Steps for Leasing a Car
- Sign and Drive Lease Deals
- How to Negotiate the Best Car Lease Deal
- Zero Down Lease Deals with Bad Credit
- Zero Down Lease Deals on Trucks
- What Other Manufacturers Offer a Zero Down Lease?
- Best Lease Deals by Category
- Frequently Asked Questions
- Direct Access to Auto Experts
(phone, chat, or email) - Unlimited Access to Car Buying & Negotiation Tools
(market price reports, trade in valuation) - Get 20% Off
Enter SAVE20 at checkout
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.
$0 Down Lease Key Takeaways
Listen to our audio to learn about the most important information when it comes to no-money-down lease deals:
Best Lease Deals With Zero Down Payment (or Low Payment)
Here are our picks for the best zero-down lease deals this month. However, true zero-down lease specials are very hard to come by, so we've also included a few lease offers with low down payments as well. Most of these specials are available until the end of the month.
#1 Deal: 2023 Volkswagen ID.4
Lease Deal: $499/month for 36 months, $0 due at signing
>> Check Volkswagen ID.4 Prices
You are subscribed to price drop alerts!
Please check your email now and add us to your Contacts to ensure you don't miss any notifications.
#2 Deal: 2023 Subaru Solterra
Lease Deal: $399/month for 36 months, $399 due at signing
>> Check Subaru Solterra Prices
You are subscribed to price drop alerts!
Please check your email now and add us to your Contacts to ensure you don't miss any notifications.
#3 Deal: 2023 Toyota Corolla
Lease Deal: $309/month for 36 months, $1,999 due at signing
>> Check Toyota Corolla Prices
You are subscribed to price drop alerts!
Please check your email now and add us to your Contacts to ensure you don't miss any notifications.
#4 Deal: 2024 Volkswagen Taos
Lease Deal: $459/month for 36 months, $0 due at signing
>> Check Volkswagen Taos Prices
You are subscribed to price drop alerts!
Please check your email now and add us to your Contacts to ensure you don't miss any notifications.
#5 Deal: 2024 Volkswagen Tiguan
Lease Deal: $489/month for 36 months, $0 due at signing
>> Check Volkswagen Tiguan Prices
You are subscribed to price drop alerts!
Please check your email now and add us to your Contacts to ensure you don't miss any notifications.
Year | Make | Model | Lease Offers | Expiration | Check Prices |
---|---|---|---|---|---|
2023 | Volkswagen | ID.4 | $499/month for 36 months, $0 due at signing | 1/2/24 | Check Prices |
2023 | Subaru | Solterra | $399/month for 36 months, $399 due at signing | 11/30/23 | Check Prices |
2023 | Toyota | Corolla | $309/month for 36 months, $1,999 due at signing | 12/5/23 | Check Prices |
2024 | Volkswagen | Taos | $459/month for 36 months, $0 due at signing | 1/2/24 | Check Prices |
2024 | Volkswagen | Tiguan | $489/month for 36 months, $0 due at signing | 1/2/24 | Check Prices |
Want more lease deals? You’re in the right place for the latest zero down deals. But if you want even more options, we also collect all types of lease deals across all brands and vehicle types.
Cheapest Car to Lease No Money Down (or Low Payment)
A few zero down deals happen to be on some of the most affordable cars on the market. This combination means a low upfront cost and low monthly payments. Check out our pick for the cheapest car to lease with no money down below. Or read about all our cheap lease deal picks.

Lease Deal: $309/month for 36 months, $1,999 due at signing
Cheapest SUV to Lease No Money Down (or Low Payment)
So what is the cheapest SUV to lease with no money down? Out of all these SUVs, we selected the 2024 Chevrolet Equinox.

Lease Deal: $299/month for 24 months, $1,909 due at signing
What is a Zero Down Lease?
A zero-down lease is a car leasing agreement where you start the lease without making an initial down payment. This means you don't pay any upfront costs except for taxes and fees when you sign the lease.
It's a convenient option for those looking to drive a new car without the burden of a hefty initial expense. Overall, a no-money down lease can allow for easier budgeting and immediate enjoyment of your new vehicle.
However, note that monthly payments will be higher since you are not reducing the lease amount via a downpayment.
You will also still have to pay lease fees, including:
- Taxes and Fees: You might need to pay taxes, registration, and licensing fees at the start of the lease.
- Acquisition Fee: A charge by the leasing company for processing the lease.
- Disposition Fee: A fee charged at the end of the lease if you don't purchase the car.
- Excess Wear and Tear Charges: Costs for any damage beyond normal use.
- Mileage Overages: Additional charges if you exceed the mileage limit specified in your lease contract.
What to Know About Leasing a Car
Leasing a car may be better than buying one if you prefer to change your vehicle every few years. It’s an affordable way to get new cars without worrying about service issues.
However, there are a few helpful terms to know about leading a car:
- MSRP: The Manufacturer’s Suggested Retail Price for buying a new car.
- Sale Price: How much you pay (in total)for the leased vehicle. The higher this price, the higher your monthly payments.
- Money factor: The interest amount for your lease, which is highly influenced by your credit score.
- Residual value: How much the vehicle is worth after your lease. This value is what you would pay if you want to buy the car when your lease ends.
- Down payment: How much money you put down when signing the lease. A higher down payment can lower your monthly payments.
The great news is that you can negotiate all of these values aside from MSRP.
Steps for Leasing a Car
Leasing a car can be a simple process. Here’s how it works:
- Determine your budget, including your monthly budget.
- Research car makes and models to determine which one you are interested in.
- Evaluate how many miles you drive per year, as most leases set a limit of around 12,000.
- Negotiate your lease terms
- Finalize your lease and drive off with your new car
Sign and Drive Lease Deals
Made popular by Volkswagen, sign and drive leases usually involve no out-of-pocket expenses at closing. The dealer will roll all costs into your monthly payment so that you do not pay anything that day. You literally sign the paperwork and then drive off the lot with your new car.
Are sign and drive lease deals the same as zero down? Sign and drive is just one type of zero down offer. While sign and drive typically means nothing is due upfront, some zero down deals have costs at closing like a deposit of the first month’s payment and fees.
How to Negotiate the Best Car Lease Deal
Negotiating is vital for getting a quality lease deal, including a zero-down lease if that’s what you’re after. Here are the steps I use to negotiate the best car lease deal:
- Research Market Prices: Before negotiations, research the current market prices of the cars you're interested in. Know the MSRP (Manufacturer's Suggested Retail Price) and the average lease prices in your area.
- Know Your Credit Score: A higher credit score can secure better lease terms. Understand where you stand credit-wise.
- Compare Deals: Check various dealerships and online platforms for lease deals. Don’t settle on the first offer.
- Negotiate the Car Price First: Focus on lowering the car’s sale price before discussing the lease terms. A lower sale price leads to lower lease payments.
- Limit Additional Costs: Negotiate to reduce or eliminate fees like acquisition, disposition, and documentation fees.
- Evaluate Total Costs: Consider the total cost of the lease, including all fees and monthly payments, over the lease term.
- Be Ready to Walk Away: Don’t hesitate to walk away if the deal doesn't meet your expectations. Often, dealers will present a better offer to close the sale.
Zero Down Lease Deals with Bad Credit
If you have bad credit with a credit score below 620 you will likely have a hard time getting a car lease from a dealership, much less one without a down payment.
However, you still have options.
There are a few companies that work with dealerships that specialize in subprime lending. This means that you can buy a new car, even if you have a 500 credit score. Typically, these companies will speak with you about your vehicle preferences and then connect you with local dealers willing to offer loans to customers with poor credit, often with no upfront payment.
If you have bad credit, check out our partner, Auto Credit Express, who has one of the largest networks of car dealerships across the United States.
Zero Down Lease Deals on Trucks
Manufacturers do not advertise zero down deals on trucks as frequently as cars. Perhaps because trucks are in high demand and one of the fastest growing classes of vehicles.
But don’t fret. Regardless of whether deals are advertised, you can often negotiate a zero down deal on either a car or truck. And there are plenty of other lease deals on trucks available.
What Other Manufacturers Offer a Zero Down Lease?
Even if a manufacturer does not have any advertised zero down-payment deals, almost all of them are willing to forgo a down payment if you have good credit. Check out my guide to learn how to negotiate a lease to not pay anything up front.
Frequently Asked Questions
Are there any car leases with no money down?
Yes, manufacturers are offering a variety of zero down lease deals right now. And sometimes you can negotiate zero down for other models if you have good credit.
Who is offering leases with zero down payment?
Many popular manufacturers like Honda, Hyundai, and Nissan periodically offer lease deals with no down payment required. Manufacturers consistently release deals each month that have zero or very low due at signing amounts.
How do I lease a car for zero down?
Lease terms are typically negotiable so you can sometimes ask a car dealer to transfer your down payment into higher monthly payments. Learn more about how to negotiate a lease.
Should I put a down payment on a lease?
One of the main advantages of leasing is the low up-front costs, but keep in mind that a zero down lease will raise your monthly payment since you are not pre-paying some of the lease obligation.
What is 'due at signing' on a lease?
The due at signing amount typically consists of the first month’s payment, security deposit, acquisition fee, and any state taxes. It’s important to read the details before leasing, even with advertised $0 down there may be applicable taxes and fees. Learn how zero down leases work.
What credit score do I need for a zero down deal?
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 a zero down deal.
Can I lease a car with a 500 credit score?
You may have a hard time leasing a car with a 500, 550, or even a 600 credit score from a traditional dealer. However, our partner, Auto Credit Express, works with a network of car dealerships across the United States that offer loans to customers with poor credit, even if you have a 500 credit score.
How much should I put down on a lease?
When leasing a car, the dealer or manufacturer may set a predetermined due at signing amount. There isn't much leeway on what you can put down on a lease, so expect to pay that amount. You can learn more about how much money to put down on a car here. However, if you have very good credit and make enough annually, you may be able to negotiate a zero down lease deal with higher monthly payments.
Posted in Car Buying Tips, Car Deals |
Tags: homepage