Best Car Lease Deals This May

2020 Kia Sportage
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May’s Best New Car Leases

After a month where it was difficult to lease a car, May is looking much better. As more dealers reopen their showrooms and begin to offer online methods of leasing and processing lease return vehicles, shoppers can once again get off the sidelines and lease a new car. 

Leasing is a way to get behind the wheel of a new car with the latest-and-greatest technology, with monthly payments lower than purchasing the same vehicle. A lease deal from an automaker makes it an even more affordable option by lowering monthly payments or reducing the amount you have to pay upfront.

There are some excellent lease deals available this month, including a couple of unexpected offers on the 2020 Honda CR-V and 2020 Chevrolet Silverado with nothing due at signing. In fact, Honda's offering zero-down leases on several vehicles across their lineup. 

Special lease offers on the 2020 Volkswagen Jetta, 2020 Kia Sportage, and 2020 Toyota Corolla have payments under $200 per month and reasonable amounts due at signing. 

Of course, leasing isn't for everyone. If you're not sure about your job security, putting a lease off for a few months might be a good plan, as lease contracts are hard to break without damaging your credit. Many lease deals have limits based on where you live and the specific models to which the offers apply. Strict mileage limits are typical, and most lease deals are only available to customers with excellent credit scores and stable work histories. 

Lease deals are usually offered on specific trim levels, and dealer stock may be limited. The U.S. News Best Price Program can connect you with multiple local dealers with just one simple inquiry and will help you find retailers with online lease and home delivery programs. With limited dealer staffing and showroom hours, it’s a good idea to contact your dealer through their website before they’re sold out or the deals end. All the deals on the following pages expire on June 1.

We at U.S. News recognize how life has been turned upside down by the coronavirus pandemic, so we are doing our best to give you all the information you need to help you keep up with your car payments. You can view our advice on what to do if you can’t make your car payment. We also have an article discussing what all the auto manufacturers are doing to help consumers and employees during this difficult time. Check out our guide on car deals being offered by carmakers during the coronavirus pandemic.

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