If you want the nicest vehicle possible, try leasing instead of buying. Since you’re only financing a portion of the value, the monthly payment shrinks significantly versus if you were to buy the same vehicle. It can be a great way to get a new luxury car or SUV and still sneak under the $300 a month limit you might have.
Just know that while these vehicles do lease for sub-$300 rates, exactly what you pay to lease the following vehicles may vary, depending on your credit and other factors. Keep in mind that these lease deals are available at the time of publishing and do change often. It’s best to shop around for the best possible lease deal!
If you’re down with the whole German four-door “coupe” thing, the Mercedes-Benz CLA 250 could be a great fit. You can lease one for $299 per month, making this the most affordable thing with the three-tip star on the front, at least in North America.
It packs a turbo 2.0-liter four-cylinder engine with 208 horsepower on tap. Mated to that is a 7-speed dual-clutch automatic transmission that adds some sportiness, plus shift paddles. Tech goodies include Attention Assist, active brake assist, and a rearview camera. The car also features 14-way power-adjustable front seats, dual-zone automatic climate control, MB-Tex upholstery, and the ability to start the engine using your phone.
Maybe you were captivated by the reflective Matthew McConaughey commercials or you really like the design, but if the Lincoln brand tickles your fancy, the MKC is a good budget-friendly option for a lease. The bottom-tier trim, called Premiere, can be leased for $273 per month. It uses the turbo 2.0-liter liter engine, which pushes 245 horsepower.
The standard features list is impressive, showing that Lincoln really wants to earn your business. Among them is intelligent access, push-button ignition, cruise control, Lincoln Connect, the MyKey system, LED map lights, an auto-dimming rearview mirror, remote ignition, aluminum cabin trim pieces, and dual-zone automatic climate control.
Sure, you could look at this as a dressed-up last-gen Civic, but the ILX has been a surprisingly solid seller. Maybe it’s because the car can be leased for $199 and promises a trouble-free lease experience? People seem to love the 201-horsepwoer inline four-cylinder engine, 8-speed dual-clutch transmission, and 35 mpg highway fuel economy rating.
Demonstrating this isn’t exactly a Civic, the ILX can come with active sound control, an ELS Studio premium sound system, and LED headlights Acura likes to call “Jewel Eye.” Questionable styling choices aside, the ILX isn’t a bad car for the money. Plus, leasing lets you try out different options, and you might really enjoy the hassle-free experience with this car.
Acura ditched the TL and TSX, replacing the two cars with this one, which splits the difference. The TLX is sporty like the TSX, but you can get a hard-hitting engine for it. Currently, you can pick one up for $299 per month for 36 months with $2,499 due at signing, which is a solid deal.
The base 2.4-liter inline four-cylinder engine might not be super sexy with 206 horsepower on tap, but it’s great for everyday commuting. You won’t be stopping for gas constantly with a 27-mpg combined rating, plus maintenance isn’t extensive or expensive. Included in the interior are all the usual trappings of a luxury vehicle. The TLX also sports Acura’s new design language, meaning you’ll make a dramatic entrance anywhere.
The LaCrosse is surprisingly affordable, with a lease price of $299. Buick calls the LaCrosse “a modern take on timeless elegance.” That’s obviously subjective, but this sedan is certainly nicer than other options you might be considering. Styling isn’t anything too over-the-top, which could be good or bad, depending on your preferences. The car can also come with the standard fare you’d expect with a luxury model: leather, heated seats, heated steering wheel, blind spot monitoring, etc.
As for the performance, the 2.5-liter four-cylinder engine squeezes out a timid 194 horsepower. Going with the 3.6-liter V-6 could push the monthly lease payment over your budget cap. All-wheel drive is available as well, which is a nice addition, if you can swing it.
Even more affordable is the Buick Encore, which can be leased for $159 per month. This tiny SUV is great if you park in crowded urban areas, have a small garage, etc. Just because it’s small doesn’t mean you don’t get amenities. You can enjoy a heated steering wheel, QuietTuning vehicle insulation, dual-zone climate controls, and a built-in WiFi hotspot.
Since this is an SUV, even though the Encore is small, the cargo area is relatively tall, so you get more cargo space than with a small car. The standard turbo 1.4-liter engine delivers 148 lb.-ft. of torque and 138 horsepower, at least making this vehicle a little peppy and fun to drive daily, without racking up fuel expenses.
If you have the thirst for a larger luxury SUV, Buick offers to lease the Envision for $269 per month. For that price you’re not getting all the bells and whistles, like a hands-free power liftgate, panoramic sunroof, and 19-inch alloy wheels. You do get three rows of seating with a decent amount of space in the third row, plus an okay cargo area behind that. This is a stylish way to move a lot of people, without blowing the budget.
This SUV can be outfitted with all-wheel drive, unlike most minivans. The naturally-aspirated 2.5-liter four-cylinder engine is decent but upgrading to the turbocharged 2.0-liter boosts performance to 252 horsepower and 260 lb.-ft. of torque. It helps that this vehicle drives like something much smaller, so you don’t get the sensation of driving a small bus everywhere.
Lexus IS 300
Getting a Lexus isn’t usually a cheap endeavor, but if you choose the IS 300 with rear-wheel drive, you can lease it for $299 per month. That gives you a turbocharged inline-four with 2.0-liters of displacement and 241 horsepower. While you’re not going to smoke any Mustang GTs with that, the car’s still fun to drive in the city, especially on winding roads.
On the open road, you’ll find the IS 300 to be a comfortable cruiser. While many of the luxuries available in the IS lineup aren’t included, you can get a leather-wrapped steering wheel, heated/ventilated front seats, and a power rear sunshade.
A Toyota, you say? That’s not a luxury brand. True, but the Avalon is for all intents and purposes a luxury car. Don’t believe me? Go test drive one, and you’ll realize it’s essentially a Lexus without the Ls plastered on the exterior. That means you get a great ride for a solid price. Right now, you can pick up an XLE model at $269 per month for 36 months with $2,499 due at signing.
It’s the bottom trim, but the Avalon XLE comes with a 9-inch touchscreen, Entune 3.0 Audio Plus system with the App Suite, four USB ports, heated front seats, SofTex upholstery, dynamic radar cruise control, an auto-dimming rearview mirror with a HomeLink remote, and plenty more. Plus, the 301-horsepower 3.5-liter V-6 is surprisingly fun, making you rethink this full-size sedan.
Cadillac ATS Sedan
If you haven’t heard, the Cadillac ATS Sedan is going away after this model year. That means you can get a good deal on one at $299 per month for 27 months with $1,779 due at signing. The best part about the ATS Sedan is it’s a riot to drive anywhere. The base 2.0-liter turbo engine gives you 272 horsepower and 295 lb.-ft. of torque, for example. Sure, the car isn’t perfect, but you’ll have plenty of fun.
More refined looks make this generation of the ATS a sophisticated car that will impress many. You and your passengers will love the upscale interior, which packs things like Apple CarPlay, soft leather seats, and plenty of sound insulation.
If you want to drive something a little different, you can pick up an Infiniti Q50 3.0t Luxe for $299 per month for 39 months with $5,099 due at signing. You’ll have a blast with the 3.0-liter twin-turbo V-6, which puts 300 horsepower and 295 lb.-ft. of torque at your command.
With this model, you also get premium touches like LED headlights and fog lights, speed-sensitive wipers, interior maple wood trim, dual color touchscreens, and a subscription to SiriusXM Travel Link service, which provides weather forecasts, fuel prices, movie showtimes, sports scores, and stock updates. You also get the Rearview Monitor system, which is great for maneuvering through tight spots. All this comes wrapped up in a sleek, sporty body that doesn’t look like every other car on the road.