NEW YORK (TheStreet) — With so many Americans battening down the budget hatches, getting a great deal on an auto lease right now has its attractions. Goodness knows, there are plenty of value deals out there. Swapalease.com, based in Cincinnati, is reporting 16 lease deals that clock in under $200 on its Wantalease.com online marketplace hub for leased vehicles.
Here are some examples, listed from lowest monthly payment to highest, all for under $200 per month, for 24-, 36- or 39-month lease durations.
Volkswagen Jetta S: $139 per month.
Chevrolet Cruze LT: $147 per month.
Chrysler 200 Limited: $149 per month.
Chevrolet Equinox 2WD LT truck: $189 (for 39 months)
Ford Escape FWD S truck: at $199 (for 24 months)
Lease amounts seem to be falling fast on some new models.
The Chrysler 300 RWD, for example, fell 27.8% in price in June, with an offer of $200 per month, from $283.31 for the same vehicle in May, Swapalease reports. Even some luxury vehicles are plummeting in price. The Acura ILX can be had for $229 per month, and you can land a new Audi A3 1.8 Premium lease for $319 per month.
Clearly, these are good times for lease-lovers.
"It's not uncommon to see many monthly lease offers under $200 … it is surprising to see the high quality of vehicles seeing such aggressive deals currently," says Scot Hall, executive vice president of Wantalease.com. "There continues to be a nice mix of cars and trucks, as well as luxury makes with deals that are attractive to virtually all budgets."