2017 Model Year-End Lease Deals under $200/month

Kirstie_H

There's one over $200 in this list, but a couple of these seem to be pretty good deals if you can get them:
https://www.edmunds.com/car-leasing/monthly-199-lease-deals.html

isellhondas

Read the fine print!

I can have a 49.00/month lease if I put a ton of money down or have a 5000 mile per year lease!

There have been times when car manufactures have done some "dumb" leases in a desperate move to move excess inventory! They will set the residuals too high and push the problem three years down the road!

Then at lease end people turn in their leases and walk away. The cars sell at auction for thousand of dollars less then the residual value and the car manufactures take it on the chin!

Lessons have been painfully learned so you don't see this as much now. Still, there are times!

Kirstie_H

Definitely agree. It's important to read ALL of the terms of any deal - deposit, money down, # of months, mileage, etc. It's easy to make a lease deal look good if consumers only look at monthly payment.

Michaell

Kirstie_H said:

Definitely agree. It's important to read ALL of the terms of any deal - deposit, money down, # of months, mileage, etc. It's easy to make a lease deal look good if consumers only look at monthly payment.

And, confirm the trim and features on the car you are signing for.

Just had someone in the CX-5 thread state that they wanted a Grand Touring with all the safety features, but ended up signing for and taking home a Grand Select trim, that doesn't come equipped. They wanted to know what their options are.

Kirstie_H

@Michaell - completely agree. A lot of these deals are for the base model, which is absolutely great if you're not looking for any of the bells and whistles. Leasing can be complicated, so you should always know exactly what you're signing up for, and that you can see the lease out til the termination within the allotted miles.

isellhondas

Michaell said:

Kirstie_H said:

Definitely agree. It's important to read ALL of the terms of any deal - deposit, money down, # of months, mileage, etc. It's easy to make a lease deal look good if consumers only look at monthly payment.

And, confirm the trim and features on the car you are signing for.

Just had someone in the CX-5 thread state that they wanted a Grand Touring with all the safety features, but ended up signing for and taking home a Grand Select trim, that doesn't come equipped. They wanted to know what their options are.

What their options are? Really?

Didn't they look at the car that they leased and realize it wasn't what they wanted?

Makes no sense!

Michaell

isellhondas said:

Michaell said:

Kirstie_H said:

Definitely agree. It's important to read ALL of the terms of any deal - deposit, money down, # of months, mileage, etc. It's easy to make a lease deal look good if consumers only look at monthly payment.

And, confirm the trim and features on the car you are signing for.

Just had someone in the CX-5 thread state that they wanted a Grand Touring with all the safety features, but ended up signing for and taking home a Grand Select trim, that doesn't come equipped. They wanted to know what their options are.

What their options are? Really?

Didn't they look at the car that they leased and realize it wasn't what they wanted?

Makes no sense!

Not until a day or two later. They did review the paperwork, or so says the OP.

isellhondas

Confused here....so it sounds like they didn't take physical delivery at the time the paperwork was signed?

If this is the case they could have simply refused delivery and the deal would be void.

If the took delivery and a couple of days later noticed the car didn't have a sunroof, leather or whatever they are probably out of luck!

Michaell

isellhondas said:

Confused here....so it sounds like they didn't take physical delivery at the time the paperwork was signed?

If this is the case they could have simply refused delivery and the deal would be void.

If the took delivery and a couple of days later noticed the car didn't have a sunroof, leather or whatever they are probably out of luck!

It's the latter - took delivery, then discovered the missing features - and I told them basically the same thing. Could escalate to SM or GM, but the dealer holds all the cards.

isellhondas

I have to wonder how someone could take delivery, go through the delivery process with their salesperson only to "discover" those items were missing? Yes, the dealer does hold all of the cards but it's a lease and in three years they can make a wiser decision if they decide to lease again. Hopefully they have become happier with their new car!

Michaell

isellhondas said:

I have to wonder how someone could take delivery, go through the delivery process with their salesperson only to "discover" those items were missing? Yes, the dealer does hold all of the cards but it's a lease and in three years they can make a wiser decision if they decide to lease again. Hopefully they have become happier with their new car!

Agreed - I think the OP was looking at the specs for the GT, not realizing that there are optional packages that add the safety features they wanted.

Then, they end up signing for the Grand Select trim, which is one step down from the GT.