October 1 is traditionally the beginning of the new model year and that means that end-of-year bargains — in this case on 2019 models — abound at car dealers nationwide. It also means that bargain purchase and lease deals are there to be snapped up because carmakers and dealers alike want to clear out the previous model-year vehicles. If you a discerning about what you lease now through the end of the month is prime time for bargain shoppers. And since you’re reading this we bet you’d like to know what the best car lease deals of the month are. We at Driving Today believe it is our duty and calling to have the answers for you.
Before we get to the list, though, let us take a moment to explain why we believe our list of the best car lease deals is superior to others you might come across floating around the Internet. Many websites that create lists of what they call the best lease deals of the month simply don’t have the experience and expertise in cars, trucks, vans, and SUVs to pick a good car — and a good deal — from a bad one. They can spot a low monthly payment, but a low monthly payment does not guarantee a good deal. As you well know, the cheapest product is typically not the best product. Similarly, a car with a very low monthly lease payment very often isn’t a good vehicle compared to competitive vehicles available that might cost just a tiny bit more.
Our approach to identifying the best car lease deals is based on this. Instead of picking the lowest monthly payment and telling you it’s a great deal, we identify the model our research tells us is the best overall value first, then we look at the lease deals. Our belief is you are not willing to give up the best quality, safety, and convenience just to potentially save a few bucks a month. Our experience has proven this approach will give you a much better result over the course of your lease. Our highly regarded 10 Best Car Buys of 2019 list chosen by our expert DT panel of car testers and evaluators has helped us construct the following roundup of the lease deals that are the very best values this month. The lease rates quoted here are representative of lease deals currently available but because of regional differences these exact terms might not be available in your area.
Let’s get started with an extremely popular and versatile crossover sport-utility — the Chevrolet Traverse. SUV buyers want interior room and cargo space, and that’s exactly what the Chevy Traverse offers. It is roomier than most of the vehicles in its segment, and that was just one of the reasons we named it the Family SUV Best Car Buy of the Year. It was completely redesigned for the 2018 model year, and it still looks attractive and substantial. Right now an ultra low-mileage lease is being offered. For a well-equipped 2019 Traverse LT, the terms are $329 per month for 36 months with $4,409 due at signing. That is a big initial payment, but if you are currently leasing a non-General Motors vehicle the initial payment drops to a more manageable $3,409 due at signing. Total mileage for the three-year period is 30,000 miles.
The Volkswagen Jetta proved its mettle to be named Driving Today’s Small Car Best Buy. One reason: it’s a small car that isn’t that small. The Jetta offers what we consider to be the most usable interior space in the segment, and the Jetta also offers its own European-inspired exterior and interior style. The Jetta’s fit, finish and all-around performance mimic top luxury brands. With its 147-horsepower 1.4-liter four-cylinder engine the Jetta offers a nice balance of fun-to-drive and ride comfort. Its current lease deal is an especially good one for a car of its caliber. The 2019 Jetta 1.4T S with automatic transmission is available for $189 a month over the course of a 36-month lease. A fee of $1,999 is due at signing. That’s a shift from VW’s deal this spring that required no upfront payment, no security deposit, and no first-month payment — but its monthly payment was $259.
Even in the crossover SUV era, there is something amazingly practical about our Best Buy among minivans this year, the Chrysler Pacifica. Incredibly versatile, it can be modestly equipped with a commensurate modest price tag or it can be outfitted with a variety of bells, whistles and 20-speaker audio. Even those who don’t buy the top-of-the-line model get a lot of family-friendly stuff. This month we want to highlight the lease offer on the well-equipped Touring version of the Pacifica. Not only willit haul your family and their stuff very efficiently, but it also delivers luxury-car amenities. In some areas of the country the very nicely equipped 2020 Chrysler Pacifica Touring is being offered for as low as $392 per month for 36 months. A total of $4,449 is due at signing, and there is no “disposition fee” at the end of the lease term.
If you are like about a million other car-buyers right now, you have your eye on a small SUV. Our choice as Best Buy of 2019 is the versatile and handsomely styled Kia Sportage. Hailed by many as among the highest-quality vehicles in its crowded segment, the spunky Sportage is now being offered with a very attractive lease. The 2020 Sportage LX model with all-wheel-drive is currently $189 per month for 36 months with $3,326 due at signing. The first month’s lease payment is included in the payment due when you initiate the lease and no security deposit is required.
The new-for-2019 Nissan Altima outdueled the well-regarded Honda Accord and Toyota Camry in the gigantic family sedan segment to become Driving Today’s Best Buy. In a category that encompasses both midsize and full-size sedans, the Nissan Altima’s combination of innovative technology, rock-solid build quality and cushy interior comfort flagged it as the right choice. The Altima can also be equipped with electronically controlled all-wheel-drive, a boon in inclement weather. And the Altima offers ProPILOT Assist, engineered to take over routine chores like acceleration, steering, and braking. (Who has the time?) A variety of lease offers are available but one of the most compelling is a 2020 Altima 2.5 S. It’s offered at $199 per month for 36 months with $3,899 due at lease signing including the first month’s payment.
The Mitsubishi Outlander PHEV has been honored as the best-selling plug-in hybrid crossover in the world, and it is our 2019 Best Buy in its segment. It delivers the real-world utility you want from a vehicle of its type with all the benefits of a plug-in hybrid. It can be driven as a pure EV, and when the charge is exhausted, it becomes a conventional SUV. The 12-KWh battery pack offers 22 miles of electric-only range. More important is the fact the battery array enables the Outlander PHEV to deliver an EPA-estimated 74 MPGe rating. For a vehicle in its class, it offers a lot of interior space and great versatility. The typical lease offer these days is $329 per month for 36 months. A payment of $3,828 is due at lease signing.