The conventional wisdom for generations among those looking to get the most for their money has been to purchase a new car and hold onto it until it would cost more to repair than it was ultimately worth. However, a growing number of consumers are finding leasing a vehicle for a set term, rather than buying one outright, to be financially advantageous thanks to a perfect alignment of market forces. According to Forbes, record low interest rates and high resale values caused by an ongoing shortage of used cars are helping automakers offer some of the best lease deals in years. Leasing now accounts for 21 percent of all new-vehicle transactions, according to Kelley Blue Book, which is up from around 12 percent in 2009; analysts believe leasing could account for as much as 25-30 percent of the new-car business over the coming years. How good are the deals these days? Forbes’ slide show runs down a baker’s dozen of the best deals it could find among a wide range of makes and models. Check it out!
Kia Soul
Segment: Compact wagon
Deal: $169/36 months
Due at Signing: $1,999
Annual Mileage: 12,000
Honda Civic
Segment: Compact sedan
Deal: $179/36 months
Due at Signing: $1,999
Annual Mileage: 12,000
Hyundai Elantra
Segment: Compact sedan
Deal: $179/36 months
Due at Signing: $1,999
Annual Mileage: 12,000
Honda Accord
Segment: Midsize sedan
Deal: $219/36 months
Due at Signing: $1,999
Annual Mileage: 12,000
Toyota Camry
Segment: Midsize sedan
Deal: $219/36 months
Due at Signing: $2,199
Annual Mileage: 12,000
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