CINCINNATI – Credit union members can pick up some great lease deals during the holiday season, according to a new report that reveals which vehicles have declined most in cost.
Wantalease.com, the nation’s first online marketplace for new lease deals, reported that several manufacturers offered attractive discounts and competitive pricing on compact cars and SUVs, while most luxury and full-size vehicle brands maintained their lease prices.
The Nissan Sentra is currently priced the lowest of all vehicles, with payments as low as $139 per month. The Ford Focus comes in second with new lease payments of $159 per month, followed by the Honda Civic at $169 per month, according to Wantalease.com.
While most vehicle prices have remained steady into December, some dealers have offered lower lease pricing on vehicles of all sizes, mostly in anticipation of December and holiday specials, the company said.
Biggest Price Drop
The vehicle that saw the largest price drop coming into December was the Nissan Frontier with an 8.59% decrease. The vehicle is offered at $271 per month, followed by the Volkswagen Jetta at $229.00 (-7.93%), the Lexus RX 350 for $419.00 per month (-6.16%), and the Toyota RAV4 at $279.00 per month (-5.64%).
“It is clear manufacturers are making a final push to achieve year-end sales targets to close out 2019,” said Scot Hall, Executive Vice President of Wantalease.com. “Just as we saw last year, many automakers continue to offer competitive pricing for non-luxury models to enable healthy competition against luxury holiday specials.”