Cheapest cars to lease: November 2026
The cheapest new cars, SUVs, trucks, EVs and luxury models to lease right now, ranked by what they actually cost per month, not by the advertised payment.
By LeaseGuru.ai4 min read
Lease ads rank cars by the monthly payment. That number leaves out the money due at signing, which on most deals is thousands of dollars. We ranked 2,704 live lease listings by true monthly cost instead: the payment plus everything due at signing, spread evenly over the term.
The listings come from US lease brokers tracked by LeaseGuru on October 23, 2026. Most are nationwide offers; the cheapest few are California offers, marked in the region column. Prices change daily, so treat this as a snapshot and check the live list before you shop.
TLDR Quick Guide
November 2026, by true monthly cost:
- Cheapest car overall: 2026 Mazda3 Sedan S, $262/mo true cost ($179/mo advertised + $3,000 due at signing, 36 months).
- Cheapest EV: 2026 Kia EV3 Light, $343/mo. Cheapest truck: 2026 Toyota Tacoma SR5, $346/mo.
- Cheapest luxury car: 2026 Mercedes-Benz GLB 250, $370/mo.
- The typical listing costs $743/mo once due at signing is counted, against a typical advertised payment of $669/mo.
- The lowest advertised payment is misleading: a $144/mo Hyundai Kona really costs $269/mo, 87% more, because $3,000 is due at signing on a 24-month lease.
- Cheapest brands to lease (median true cost): Nissan $525, Mazda $546, Hyundai $555, Honda $569, Subaru $573.
The 10 cheapest cars to lease
| Car | Advertised | Due at signing | Term | True monthly cost | Offer region |
|---|---|---|---|---|---|
| 2026 Mazda Mazda3 Sedan S | $179 | $3,000 | 36 | $262 | California |
| 2027 Hyundai Kona SE FWD | $144 | $3,000 | 24 | $269 | California |
| 2026 Subaru Crosstrek | $199 | $3,000 | 36 | $282 | California |
| 2026 Hyundai Elantra SEL | $205 | $3,000 | 36 | $288 | Los Angeles |
| 2026 Kia K4 LXS | $214 | $3,000 | 36 | $297 | California |
| 2027 Toyota Corolla LE | $223 | $3,000 | 36 | $306 | California |
| 2026 Nissan Altima SV | $229 | $3,000 | 36 | $312 | Los Angeles |
| 2026 Nissan Sentra SV | $229 | $3,000 | 36 | $312 | Los Angeles |
| 2026 Hyundai Sonata SE | $249 | $3,000 | 36 | $332 | Los Angeles |
| 2026 Mazda CX-50 Select | $259 | $3,000 | 36 | $342 | California |
Cheapest EVs to lease
| Car | Advertised | Due at signing | Term | True monthly cost | Offer region |
|---|---|---|---|---|---|
| 2026 Kia EV3 Light RWD | $260 | $3,000 | 36 | $343 | California |
| 2026 Kia EV6 Light LR | $325 | $3,000 | 36 | $408 | California |
| 2026 Kia Niro EV Wind | $389 | $1,829 | 36 | $440 | Nationwide |
| 2026 Honda Prologue EX AWD | $389 | $1,779 | 33 | $443 | Nationwide |
Cheapest SUVs, trucks and luxury cars
| Segment | Car | Advertised | Due at signing | Term | True monthly cost | Offer region |
|---|---|---|---|---|---|---|
| SUV | 2027 Hyundai Kona SE FWD | $144 | $3,000 | 24 | $269 | California |
| SUV | 2026 Subaru Crosstrek | $199 | $3,000 | 36 | $282 | California |
| Truck | 2026 Toyota Tacoma SR5 | $263 | $3,000 | 36 | $346 | California |
| Truck | 2026 Chevrolet Colorado WT Crew Cab | $349 | $1,839 | 36 | $400 | Nationwide |
| Luxury | 2026 Mercedes-Benz GLB 250 | $224 | $3,500 | 24 | $370 | California |
| Luxury | 2026 Acura ADX FWD | $295 | $3,299 | 36 | $387 | California |
Cheapest and priciest brands to lease
Median true monthly cost across each brand's live listings (brands with at least 20 listings).
| Brand | Median true monthly cost | Listings |
|---|---|---|
| Nissan | $525 | 96 |
| Mazda | $546 | 74 |
| Hyundai | $555 | 220 |
| Honda | $569 | 94 |
| Subaru | $573 | 85 |
| Toyota | $633 | 266 |
| Chevrolet | $905 | 209 |
| Ford | $990 | 205 |
| BMW | $1,008 | 192 |
| Mercedes-Benz | $1,140 | 151 |
| Porsche | $2,242 | 79 |
How we calculated this
True monthly cost = monthly payment + (everything due at signing ÷ lease term in months). It does not include taxes or fees the listing leaves out, so your worksheet may differ. We used every active listing on October 23, 2026 that published a payment, a due-at-signing amount and a term of at least 24 months: 2,704 listings across 30 brands and 250 models. Demo cars and model years before 2026 are excluded.
See what is leasing well right now
Live listings ranked by LeaseGuru deal score, with payment, due at signing, and term on each card.
- View deal details
DemoScore1002021 Porsche Taycan CPO Turbo S
- Monthly:
- $1,079/mo
- Due at signing:
- $5,499
- Term:
- 24 mo
California
- View deal details
DemoScore962025 Audi A5 Premium
- Monthly:
- $239/mo
- Due at signing:
- $3,999
- Term:
- 24 mo
California
- View deal details
DemoScore942026 Mercedes-Benz GLE SUV 4Matic 350
- Monthly:
- $379/mo
- Due at signing:
- $3,499
- Term:
- 24 mo
South
Key Takeaways
- Compare leases by true monthly cost, not the advertised payment.
- Short terms with a large amount due at signing hide the most cost per month.
- Nissan, Mazda, Hyundai, Honda and Subaru have the lowest median lease cost right now.
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FAQs
On October 23, 2026 it was the 2026 Mazda3 Sedan S at $262 a month in true cost: $179 a month with $3,000 due at signing over 36 months, offered in California. The cheapest nationwide offers are listed in the live rankings.
Most lease ads require money at signing: a down payment, the first month, and fees. Spreading that amount over the term shows what the car really costs each month. Across the listings we track, the median true cost is $743 a month, against a median advertised payment of $669.
This page is a monthly snapshot. The live list at /best-lease-deals is refreshed hourly from the same listings.
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