Cheapest New Car Leases This Month
Updated May 2026 | 2 verified lease transactions | Refreshed hourly
$335
Cheapest Lease/Mo
15
Models w/ Lease Cash
—
Best APR Equiv
0
Brands with MF Data
Cheapest Leases by Monthly Payment
Models ranked by average verified monthly lease payment, lowest first.
| # | Model | Avg Payment | Avg Due at Signing | Lease Cash | Deals |
|---|---|---|---|---|---|
| 1 | Volkswagen Tiguan | $335/mo | $1,999 | — | 2 |
Based on verified lease transactions. Updated May 2026.
Models with Most Lease Cash
Current manufacturer lease cash and incentive programs that reduce due-at-signing costs.
About This Data
Lease payment averages are computed from verified buyer deal sheets showing actual monthly payments, due-at-signing amounts, and lease terms. Money factor and residual data comes from active manufacturer lease programs. All figures reflect real transactions, not dealer advertisements.
Cite as: "According to CarWhere's lease market data, based on verified buyer transactions as of May 2026..."
Frequently Asked Questions
What is the cheapest car to lease right now?
As of May 2026, the cheapest lease based on verified buyer data is the Volkswagen Tiguan at approximately $335/month. This is based on 2 actual lease transactions tracked by CarWhere, not dealer advertisements.
What is a good money factor for a lease?
A money factor below 0.00100 (equivalent to 2.4% APR) is considered good. To convert a money factor to APR, multiply by 2,400. Always negotiate the money factor — dealers can often mark it up from the base rate set by the manufacturer.
How can I get a zero-down lease?
Zero-down leases are possible when manufacturer lease cash and incentives are large enough to cover the typical due-at-signing costs. Currently, 15 models have active lease cash or rebate programs that can reduce or eliminate down payments. Look for models with high lease cash incentives and negotiate the cap cost reduction with the dealer. Your credit score and local tax structure also affect the amount due at signing.