Auto Leases Maintain 2017 Prices Entering January

Thirty-three different vehicles maintained their prices in January from last month, showing that lease prices are holding steady in the New Year, according to wantalease.com

Only one vehicle is currently offered for less than $150 per month on Wantalease.com: The Honda Civic LX at $149 per month. The Civic LX has maintained this lease price for the past five months.

While most vehicle prices held steady entering January, dealers continue to offer aggressive prices on entry-level luxury in particular. Three entry-luxury cars are currently offered at less than $300 monthly: The Audi A3 2.0T FWD Premium and Lexus IA 200t (Turbo) are both priced at $299 per month, while the Acura ILX is currently offered at $199 per month, maintaining that price since August.

“While prices are holding steady for the time being, it will be interesting to see if dealers introduce a new wave of promotions to take advantage of tax rebates and the recently changed tax rate,” said Scot Hall, executive vice president of Wantalease.com.

The vehicle that saw the largest price drop entering the new year is the Toyota RAVA 4 LE FWD. This vehicle, which is currently offered at $199 per month, decreased in price by 16.4 percent in comparison to last month. On the other hand, the Ram 5’7″ Box saw the largest increased in monthly payment, rising by 37.4 percent in December. This truck is currently offered at $329 per month.

Wantalease.com is a sister marketplace to Swapalease.com WantAlease.com.