Best $0 Down Lease Deals for June 2024

Best $0 Down Lease Deals

Securing a $0 down lease deal, which is rare, can save you thousands in upfront payments. We like these kinds of deals!

Therefore, we review every major car brand's website to identify deals with no money down or those requiring minimal signing amounts.

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.

Best Lease Deals With Zero Down (or Low Due at Signing Amount)

Here are our picks for the best $0 down lease deals this month.

However, true lease specials like this are very hard to come by, so we've also included a few lease offers with low down payments as well.

#1 Deal: 2023 Subaru Solterra

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

>> Check Subaru Solterra Prices <<


 

#2 Deal: 2024 Buick Encore GX*

Lease Deal: $333/month for 36 months, $0 due at signing

>> Check Buick Encore GX Prices <<


 

#3 Deal: 2024 GMC Terrain*

Lease Deal: $393/month for 39 months, $0 due at signing

>> Check GMC Terrain Prices <<


 

#4 Deal: 2024 Chevrolet Colorado**

Lease Deal: $467/month for 36 months, $467 due at signing

>> Check Chevrolet Colorado Prices <<


 

#5 Deal: 2024 Subaru BRZ

Lease Deal: $435/month for 36 months, $1,435 due at signing

>> Check Subaru BRZ Prices <<


 

YearMakeModelLease OffersExpirationCheck Prices
2023SubaruSolterra$329/month for 36 months, $329 due at signing7/1/24Check Prices
2024BuickEncore GX*$333/month for 36 months, $0 due at signing7/1/24Check Prices
2024GMCTerrain*$393/month for 39 months, $0 due at signing7/1/24Check Prices
2024ChevroletColorado**$467/month for 36 months, $467 due at signing7/1/24Check Prices
* For current lessees of 2019 model year or newer Buick and GMC vehicles.
** For current lessees of 2019 model year or newer GM or non-GM vehicle.

How We Collect & Rank Zero Down Lease Deals

In our method for ranking the best zero down lease deals, we primarily focused on the lease value ratio, comparing the monthly payment to the car's market value. A lower ratio indicated a more favorable deal, offering more car for less money.

When zero down lease deals weren't available, as they often fluctuate in the market, we shifted our attention to finding leases with relatively low due-at-signing amounts. This approach ensured that we highlighted deals that, while not entirely zero down, still presented a low upfront financial commitment.

We also factored in the total lease cost over its term, including all fees, to ensure a comprehensive assessment. Special offers and incentives from manufacturers were also considered, as they can significantly enhance the attractiveness of a lease deal.

This strategy allowed us to effectively rank lease deals, prioritizing those with the best value and minimal initial expense.

Cheapest Car to Lease With 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.

 

Top Pick: 2023 Subaru Solterra
Lease Deal: $329/month for 36 months, $329 due at signing

>> Check Subaru Solterra Prices <<

 


Cheapest SUV to Lease With 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 Buick Encore GX*.

 

Top Pick: 2024 Buick Encore GX*
Lease Deal: $333/month for 36 months, $0 due at signing

>> Check Buick Encore GX Prices <<

 


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Types of $0 Down Lease Deals: Breakdown

  • No Cap Cost Reduction: This deal involves no down payment, with only the first month's payment and fees due at signing.
  • Dealer Makes the First Payment: Certain manufacturers offer to cover the first month's payment, reducing initial costs.
  • No Cap Cost Reduction and $0 First Month’s Payment: This option waives the first month's lease payment, but higher subsequent monthly payments should be expected.
  • Zero Due At Signing – Sign and Drive: The most straightforward deal, involving only the agreed-upon payments and fees outlined in the lease agreement.

How to Get Zero Down Lease Deal 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, which has one of the largest networks of car dealerships across the United States.

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.

Zero Down Lease Guide

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.