Affordable Car Lease Deals Under $200 Monthly: Best Options

Discover affordable car leasing options under $200 monthly with top picks like the Chevrolet Trax, Honda Civic, Hyundai Elantra, and more. These deals offer style, efficiency, and modern features, making it easier to drive new vehicles within a budget. Explore costs, mileage limits, and initial payments to choose the best lease for your needs.

Looking to drive a new car without breaking the bank? Leasing offers an excellent solution, with nearly 30% of new vehicles leased nationwide, from compact cars to SUVs. Here are some top lease deals under $200 per month:

2018 Chevrolet Trax
Available for about $199/month over 39 months with 32,500 miles, this stylish compact SUV features modern amenities and front-wheel drive. An initial payment of approximately $4,099 and a $395 disposition fee apply, totaling roughly $12,255 or 38 cents per mile in Baltimore.

2019 Ford Fiesta
Leasing at about $186/month for 39 months with 34,125 miles, this fun, efficient subcompact has a sleek interior, quiet ride, and requires an initial payment of around $2,345 plus a $395 fee, totaling approximately $9,994 or 29 cents per mile in Indianapolis.

2018 Honda Civic
For roughly $189/month over 36 months and 36,000 miles, the Civic combines comfort, quick acceleration, and fuel efficiency. It requires an upfront cost of about $2,199 and a $350 fee, totaling around $9,353 or 26 cents per mile in Chicago.

2018 Hyundai Elantra
The redesigned Elantra can be leased at $179/month for 36 months and 36,000 miles. It offers improved ride quality and a refined interior, with an initial payment of approximately $1,999 and a $400 fee, totaling about $8,843 or 25 cents per mile in Atlanta.

2019 Hyundai Veloster
This model can be leased at about $189/month for 36 months and 36,000 miles. Featuring the latest tech, sharp handling, and lively performance, it requires a $2,299 initial payment plus a $400 fee, totaling roughly $9,503 or 26 cents per mile.

2018 Kia Niro
The 2018 hybrid hatchback/SUV offers leasing options at $199/month over 24 months with 36,000 miles. Higher trims like LX deliver impressive fuel savings, with an initial payment around $2,999 plus a $400 fee, totaling about $10,563 or 29 cents per mile.

Note: This guide is for informational purposes; actual deals may vary. Always verify details with dealerships, and be aware that some promotions might not be listed here but could provide better value.