Independence Day is already around the corner, and new car lease deals in June are looking incredibly attractive. Offers ahead of the 4th of July holiday currently favor crossovers and luxury cars, but there were more than a few surprises that we uncovered in our analysis of over 400 deals.
We’ve listed our top picks for this month’s best lease deals on small and midsize cars, crossover SUVs and trucks, and luxury cars and crossovers. You’ll also see a list of the cheapest leases if price is your number one priority. We’ve even listed every single lease by effective cost from least to most expensive.
You don’t have to look hard to find a stellar deal- we’ve done the work for you. Just use the links to the right to navigate.
Deals assume a Southern California location.
Updated June 22, 2016
Best Small Car Lease Deals
With the lowest effective lease cost out of any small car, the Ford Fiesta SE Hatch ranks as a remarkable deal. Sure, cars like the Volkswagen Jetta and Toyota Corolla have dipped pretty low in recent months, but price increases have left the Fiesta a top pick for price-conscious shoppers. This isn’t a typical economy car, either- you’ll get a leather-wrapped steering wheel, aluminum wheels, SYNC with voice recognition and more. Get your custom lease quote “
It may have an older design, but the Cruze Limited LT continues to rank as the best overall value on a small car lease. A low amount due at signing will be attractive to shoppers who don’t need all the bells and whistles of the latest crop of small cars. With an effective lease cost of $192, the car is considerably cheaper to lease compared to the redesigned 2016 Cruze LT ($231). There’s even a $500 bonus for current GM lessees that turns this into a zero-down lease. Get your custom lease quote “
Few cars seem to be as often recommended as the Mazda3 for those who enjoy driving. A price hike on the Toyota Corolla has made the Mazda3 a top pick this month. The 2016 Mazda3 iSport Sedan also has the advantage of having $0 due at lease signing. Its effective lease cost has a respectable advantage over both the 2016 Toyota Corolla S Plus ($225) and 2016 Honda Civic 2.0 LX ($235) this month. Get your custom lease quote “
It’s not the cheapest lease, but this month’s deals on the segment-leading Honda Fit are worth knowing about. A lower money factor introduced last month carries over, with offers starting at $159/month with $1,999 at signing on the Fit LX. Alternatively, shoppers wary of paying a lot upfront can take advantage of $0 due at signing offers starting at $210/month. These are rare deals we expect won’t last forever. Get your custom lease quote “
Best Midsize Car Lease Deals
There’s just no stopping the 2016 Malibu Limited LT for the title of best lease on a midsize car. It won’t have pizazz of the redesigned Malibu, but its low effective lease cost rivals many compact cars. If you can believe it, the Malibu Limited is even cheaper to lease than a 2016 Chevy Sonic LT Hatch ($212 vs. $264). Even better, current GM lessees may be eligible for a $500 loyalty bonus, turning this into a $199/month, $0 down lease. Get your custom lease quote “
Toyota has finally responded to Honda with a $10 price cut on the 2016 Camry SE 4-cylinder. Both the Camry and Accord now feature the exact same lease. However, the Camry comes out ahead because you’re getting the mid-range SE instead of a barebones version. This is the best deal we’ve seen since aggressive discounts last December. Also consider that a price hike on the Corolla S Plus has resulted in a mere $20 premium for the Camry despite a difference in MSRP of $3,914. Get your custom lease quote “
Last month’s deal on the 2016 Legacy 2.5i Limited carries over unchanged. Not only do shoppers benefit from $2,000 in discounts, but this also has the appeal of being a Sign & Drive lease offer. With features like a leather interior and blind spot monitor with cross-traffic alert, you’ll be getting a lot for your money. Need more power? The 3.6R Limited boasts 256 hp and is just $299 per month with $0 due at signing. Get your custom lease quote “
Best Small Crossover Lease Deals
The Encore continues to blow away most competitors when it comes to leases. For comparison, the Encore 1SB is $3,370 more expensive on paper than a 2016 Jeep Renegade Sport but ends up being considerably cheaper to lease when you compare effective costs ($235 vs. $276 assuming no competitive discounts). Shoppers currently leasing a competitor may be eligible for a whopping $1,500 bonus that cuts the amount due at signing to a mere $435. Get your custom lease quote “
Best Crossover/SUV Lease Deals
The Rogue has come out of left field as the best deal on a crossover. A spike in lease discounts has resulted in a $1,100 cut in amount at signing. Even better, a $500 holiday bonus was added June 20, turning this into an irresistible deal. Comparing effective lease costs, the Rogue severely undercuts both the Toyota RAV4 LE ($275) and segment-leading Honda CR-V LX ($275) this month. Get your custom lease quote “
Once again, the Tiguan ranks highly thanks to substantial lease discounts. This month’s deal on the Tiguan 2.0T S gets a nice $10 cut in payment, making it an even better deal. With an effective lease cost of $258/month, you’ll have a tough time finding a better deal on a crossover priced over $25,000. Get your custom lease quote “
This month’s deal on the 2016 RAV4 LE carries over unchanged. Toyota has been in a bit of a price war with the Honda CR-V LX, and things appear to have settled for now. Offers are now identical between both vehicles, but the Toyota comes out slightly ahead if you consider the RAV4 a better value because of its higher sticker price on paper. Get your custom lease quote “
After two-straight months of duking it out with Toyota for pricing, the CR-V continues to rank as an excellent deal on a crossover. However, most shoppers may not know that the SE model has the exact same deal as the entry-level LX when you opt for a $0 due at signing lease. Both feature a $280/month offer despite a price difference on paper of $1,300. Opting for the SE will let you ditch the standard steel wheels in exchange for 17-inch alloys, rear privacy glass and security system. Get your custom lease quote “
Best Luxury Car Lease Deals
Deals on the IS 200t get some big changes in June. The standard lease is $329 for 36 months with $1,999 due at signing- $400 less upfront compared to last month. But what’s really exciting is an unusual zero due at signing deal starting at $379/month. This is a stellar deal when you consider the car’s MSRP is nearly $39,000. We suspect this offer won’t last long. Get your custom lease quote “
On June 8, the payment on the 2016 Q50 2.0t Premium was cut by $40, bringing it neck and neck with the Lexus IS 200t. With standard features like dual-display infotainment, moonroof, LED headlights and 14-speaker Bose audio system, the Q50 is now a top value when it comes to leases. Get your custom lease quote “
A rare $0 due at signing deal on the ES 350 is part of a big sales push this month from Lexus. The offer actually works out to a better deal compared to the standard deal of $329 for 36 months with $2,999 due at signing. Deals from Lexus can change significantly month to month and there’s no telling how long this deal will last. Get your custom lease quote “
Best Luxury Crossover Lease Deals
Once again, the Volvo V60 ranks as the best deal on a luxury crossover. Though it’s technically a wagon based on the popular S60, it ends up being a remarkable value when you lease. In fact, this month’s deal on the V60 T5 FWD Premier Drive-E is $30/month cheaper than last month. With an effective lease cost of just $355/month, most shoppers may have a hard time believing the car stickers for over $40,000. This isn’t a stripped-down model, either. You’ll be getting features like heated leather, nav, moonroof, roof rails and a 240 hp engine with 37 mpg highway standard. There’s even built-in collision detection with automatic braking. Get your custom lease quote “
The Lincoln MKC continues to rank as a top value thanks to $2,000 in lease discounts. A low effective monthly lease cost on the MKC 2.0 Select Plus has a clear advantage over a barebones 2016 Acura RDX this month ($385 vs. $412). You’ll be hard-pressed to find a better value this month on a luxury crossover. Get your custom lease quote “
The all-new Buick Envision is only just arriving, but there’s already a pretty stellar lease on the Premium I AWD model. In fact, it has the lowest effective lease cost out of any luxury crossover with an MSRP near $43,000. That’s impressive for a well-equipped crossover with leather, 19-inch wheels, and the latest active safety technology like forward collision alert, lane departure warning, blind sport monitor, and more. Get your custom lease quote “
The Lexus NX 200t is a surprise addition to our list this month thanks to a $1,100 drop in amount due at signing. It may not be the cheapest lease out there but it’s a remarkable value given that we almost never see outstanding deals on this model. We recommend not waiting too long in case the deal disappears next month. Get your custom lease quote “
Best Truck Lease Deals
The F-150 has risen to the top of our list thanks to a massive $40 cut in payment and $120 drop in amount at signing. To get this deal, you’ll need to opt for the XLT 4×4 SuperCrew with 2.7-liter V6 EcoBoost engine. Sure, this month’s deal on the Chevy Silverado 1500 1LT All Star 4×4 Double Cab may have a $18/month advantage in effective cost ($445 vs. $427), but the F-150 works out to a superior value when you consider its sticker price is $4,270 higher. Get your custom lease quote “
This month’s deal on the Canyon SLE 4×2 I4 Crew Cab is particularly good if you’re eligible for a $1,500 conquest bonus targeting individuals currently leasing a non-GM vehicle. That’s impressive because it’s triple the amount available on its corporate cousin, the Chevy Colorado. On the Canyon, this potentially reduces the amount due at signing to a mere $449. You won’t find a deal like that on a Toyota Tacoma. Get your custom lease quote “
Cheapest Lease Deals
If price is your number one priority, this list is for you. Here you’ll find the cheapest leases with the lowest effective lease cost factoring the payment and amount due.
Advertisements sometimes tout a low payment but don’t factor the cost of an automatic transmission. We know that can be frustrating, so we’ve only listed deals that include an automatic.
All Lease Deals Ranked By Effective Cost
Wondering if a lease is any good but not sure whether the payment and amount due equate to a good deal? We’ve already done the math and reduced over 350 lease deals to an effective monthly lease cost and ranked them from cheapest to most expensive.
For an easy way to find the best deals, visit the CarsDirect Deals Page for the latest deal-related news and analyses. Browse expert buying advice updated monthly on nearly 300 models for insider insights you’ll only find at CarsDirect. Be sure to sign up for email alerts to have the latest deals delivered straight to your inbox.
Offers listed here are based on a resident in Southern California and may be subject to change. Most lease offers are for well-qualified buyers based on available credit and exclude tax, license, title, registration, document fees and insurance. Not all buyers may qualify. Please check with your CarsDirect Trusted Dealer to confirm current rules and eligibility.
Leasing can be an attractive option but may not be for everybody. Be sure to carefully consider your needs before making a decision.