Labor Day is for more than the beach, picnics and the big opening of college football. Many people take the long weekend to shop for a great lease on a new car or truck. We at Driving Today are here to help with this roundup of the best lease deals for Labor Day.
If it’s not a good car, it’s not a good deal
Unlike other sites that simply point to deals offering low monthly payment, at DT our first criteria is the quality of the car or truck available for lease. A low payment on a so-so vehicle is definitely NOT one of the best lease deals available. So if we suggest a lease deal is among the best, that is because we believe you will be pleased with the car or truck you obtain.
A lot of action is going on in the truck market right now, so let’s start there. A very intriguing lease deal on a full-size pickup is the offer on the all-new 2019 Ram 1500 Big Horn. The well-regarded, smooth-riding 2019 Ram 1500 is offered for just $279 per month for 36 months with $3,999 due at lease initiation.
Labor Day marks the end of the 2018 model year, and that can be good news if you’re willing to get a 2018 instead of a 2019. With the 2018 Ford F150 STX SuperCab XL currently being offered, there is essentially no penalty for that. Powered by the economical but strong 2.7-liter EcoBoost engine, the F-150 STX SuperCab XL 4×2 is being leased in selected areas for $259 per month for 24 months. There is, however, a hefty $3,099 due at signing.
Small car shoppers will find many great deals among the best lease deals for Labor Day, since buyers are gravitating to larger vehicles. The Toyota Corolla iM is one of our favorite small cars, and right now it is available for as little as $179 per month for 36 months with $1,999 due at signing. Note that this offer, like many, is regional so the rate might be slightly higher in your area.
The 2018 Honda Accord is the reigning North American Car of the Year, and its lease deal is a very good one. The roomy, comfortable, economical and fun-to-drive Honda Accord is now being offered at an exceptional lease rate. The 2018 Accord Sedan LX is $249 per month for 36 months with $2,399 total due at signing.
One of our top-rated midsized crossovers, the Kia Sorento, is the subject of another great lease deal for Labor Day. Now through September 4 in most areas you can lease a new 2018 Kia Sorento L for $199 per month for 36 months. A lease initiation fee of $2,799 is due at lease signing.
At Driving Today we really like the perky, fun-to-drive Hyundai Kona hatchback. Despite the fact the versatile Kona is relatively new to the market you can lease it for $199 per month for 36 months with $2,399 due at lease signing.
Hyundai has also renewed its offer on the 2018 Ioniq Plug-in Hybrid sedan through Labor Day weekend. The lease deal is at $269 per month for 36 months with just $1,999 due at lease signing. Depending on your commute length, you might only have to buy gasoline once a month.
Seeking a roomy crossover with a good quality reputation? If so, the current lease offer on the Chevrolet Equinox could pique your interest. One of the largest vehicles in its segment, the Equinox is being offered for $242 per month for 39 (not 36) months. A lease initiation of $1,742 is due at signing.