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12 Best Car Lease Deals in October 2018

US News & World Report - Cars Logo By John M. Vincent of US News & World Report - Cars | Slide 1 of 15: October is prime time on automakers’ calendars when it comes to deals. With new 2019 models arriving daily, dealers need to clear their lots of 2018 vehicles. To do so, they use generous lease incentives with low monthly payments, little due at signing, or both.Another reason now is a good time to lease is that interest rates are slowly rising. While the differences are more pronounced with car buying, rising interest rates are also making car leases more expensive.Still, there are several great lease deals this month with payments of less than $200 per month and reasonable amounts due at signing. In addition to compact cars such as the 2018 Subaru Impreza, there are several midsize sedans available sub-$200 monthly payments, including the 2018 Toyota Camry, 2018 Kia Optima, and 2018 Mazda3.Challenging weather is just a few months away, making October a good time to lease a new SUV. There are generous lease deals this month on the 2018 Acura MDX (pictured above), 2018 Mercedes GLC, and 2018 Hyundai Tucson.Cadillac has announced the end of production for their luxury compact sedan, the 2018 Cadillac ATS. They’re offering a great deal this month with less than $2,000 due at signing.If you are new to leasing, you’ll want to read our consumer advice articles before you leap into a lease. While simple in concept, leasing can be confusing in practice – and some car salespeople take advantage of your confusion, getting you into deals that aren’t healthy for your wallet. Our articles on the buy versus lease decision, how leasing works, and ways to avoid costly leasing errors will give you the knowledge and confidence to get a good deal.Many lease deals have limits based on where you live and the specific models the offers apply to. Strict mileage limits are typical, and most lease deals are only available to customers with excellent credit scores and stable work histories.You’ll find some of October’s best lease deals on the following pages.

October’s Best New Car Leases

October is prime time on automakers’ calendars when it comes to deals. With new 2019 models arriving daily, dealers need to clear their lots of 2018 vehicles. To do so, they use generous lease incentives with low monthly payments, little due at signing, or both.

Another reason now is a good time to lease is that interest rates are slowly rising. While the differences are more pronounced with car buying, rising interest rates are also making car leases more expensive.

Still, there are several great lease deals this month with payments of less than $200 per month and reasonable amounts due at signing. In addition to compact cars such as the 2018 Subaru Impreza, there are several midsize sedans available sub-$200 monthly payments, including the 2018 Toyota Camry, 2018 Kia Optima, and 2018 Mazda3.

Challenging weather is just a few months away, making October a good time to lease a new SUV. There are generous lease deals this month on the 2018 Acura MDX (pictured above), 2018 Mercedes GLC, and 2018 Hyundai Tucson.

Cadillac has announced the end of production for their luxury compact sedan, the 2018 Cadillac ATS. They’re offering a great deal this month with less than $2,000 due at signing.

If you are new to leasing, you’ll want to read our consumer advice articles before you leap into a lease. While simple in concept, leasing can be confusing in practice – and some car salespeople take advantage of your confusion, getting you into deals that aren’t healthy for your wallet. Our articles on the buy versus lease decision, how leasing works, and ways to avoid costly leasing errors will give you the knowledge and confidence to get a good deal.

Many lease deals have limits based on where you live and the specific models the offers apply to. Strict mileage limits are typical, and most lease deals are only available to customers with excellent credit scores and stable work histories.

You’ll find some of October’s best lease deals on the following pages.

© American Honda Motor Co., Inc.

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