As more finance companies come onto the market in America, consumers are snapping up great new sedan deals whilst interest rates are low. As inflation slowly hikes in the USA, leasing a car has become a great viable option for consumers looking to get a brand new car packed with safety features and more climate ideal engines. With average car prices hitting $38,723 in September 2020, a 2.5% jump to the prior year leasing a new sedan is a perfect choice to navigate those high upfront costs.1
Different then owning outright, leasing is a great option for those looking to keep a bit of flexibility with options to upgrade and further tax benefits. A quick search online can reveal the best new sedans for under $200/month near you.
We’ve undertaken some of the hard research for you and carefully selected some of the best new sedans available for under $200 a month leasing.
The Best Bang For Your Buck Options At Under $200/month
Hyundai Santa Fe: $199/month for 36 months with $3,599 due at signing.
The Hyundai Santa Fe 2021 is a new sedan in the Hyundai family and is built on the same platform as the Kia Cadenza. It’s a great looking car that offers space for 7 passengers, a good amount of cargo space, and lots of safety features including full LED daytime running lights. The Santa Fe is available with the 2.4L or 3.3L V6 engine respectively making 140hp and 266hp, both of which can be paired up with 6 speed automatic transmissions as well as a manual transmission option. The more powerful engine will give you a 0-60mph time of 7.7 seconds with 250 lb-ft of torque available at 4,000 rpm. You get a lot for your money with this sedan and that makes it perfect for those looking to spend the least amount possible.2
Volkswagen Passat: $189/month for 39 months with $3,499 due at signing.
The 2021 Volkswagen Passat is a great option for those looking to save on leasing a new sedan and get the same space as a larger sedan for less. It’s spacious interior means you can bring along lots of friends in comfort and it will also adapt well to smaller families. This car offers space for 5 passengers, and has up to 41.7 cu-ft of cargo space while still keeping fuel efficiency competitive with its competition.
The Passat is available with 4 different engines with two different transmission options. The 1.8T and 2.0T give you 170hp and 200hp respectively while coming mated to either a 6 speed manual or a 7 speed DSG automatic transmission. There is also an efficient 2.0L TSI engine that offers 184hp as standard and 220hp if upgraded, both of which come paired to a nice 6 speed manual transmission which is the most efficient option in terms of fuel economy. Of course as the models upgrade the price will push up, but even as stock off the dealership floor its stacked with amazing features.3
Nissan Leaf: $199/month for 36 months with $1,149 due at signing.
The 2021 Nissan Leaf is a great option for those who want a new electric sedan and aren’t interested in paying the high upfront costs. It’s spacious interior means you can bring along lots of friends without compromising on space and the Nissan LEAF is packed with technologies to help keep you safe and comfortable while also making sure your car runs well for as many years as possible. You can easily upgrade to a larger battery pack too further extending your range.
The Nissan leaf has a total range of 150 miles on a full charge and can go from 0-60mph in 8.5 seconds.4 It also comes standard with Nissan’s Intelligent Use Technology (IUT) with active cruise control, automatic emergency braking, adaptive headlights and more. You also get several advanced safety features including blind spot alert, rear cross traffic alert and more to help you as you navigate your busy day in the city.
Toyota Corolla Hybrid: $139/month for 36 months with $2,999 due at signing.
The 2021 Toyota Corolla Hybrid is a great option for those looking for a new hybrid sedan with plenty of space and it’s packed with technology to help keep you safe and comfortable while also making sure your car runs well for as many years as possible. It sports the 5th generation Toyota Corolla which is an all new car that boasts a more modern design, better efficiency, and also offers more advanced safety features than the prior model like active cruise control, automatic emergency braking and blind spot alerts to name a few.
The Corolla Hybrid comes in one trim level and comes standard with a 1.8L 4 cylinder engine that puts out 134hp and 154 lb-ft of torque at 2,000 rpm paired to a CVT automatic transmission sending power to the front wheels or a hybrid CVT that sends power to the front wheels as well as the electric motors on all 4 wheels thanks to the Drive-E system. You can opt for more powerful engines too or even upgrade to a diesel engine once available.5
Discover The Best New Sedans For Under $200/Month Near You
A quick online search can reveal dealerships in your area with overstock of amazing brand new vehicles ready to go under new leasing. Take advantage of historically low interest rates and find out how you can get the keys to a brand new 2020 Sedan at a fantastic affordable price.