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Are you searching for a new car but don’t want to commit to it for a long time? In that case, leasing is a great way to go. Although the new car market has seen its fair share of ups and downs over the past year, there are still deals to be found. Check out five of the cheapest cars to lease in 2023.

5. The 2023 Mazda CX-30 offers plenty of practicality for a low monthly payment

A red 2023 Mazda CX-30 subcompact crossover SUV model in a room paneled with see-through glass plating
2023 Mazda CX-30 | MAZDA NORTH AMERICAN OPERATIONS

The 2023 Mazda CX-30 is a practical and subcompact crossover that offers plenty of space for five people and their stuff. The most popular trim level is the CX-30 2.5 S AWD model, which comes well-equipped. Some of its notable standard features include a 186-hp 2.5-liter four-cylinder engine, an all-wheel drivetrain, and an 8.8-inch infotainment display. It also comes with Apple CarPlay/Android Auto and a Wi-Fi hotspot.

For the month of March, you can find a national lease deal for $238/month for 24 months, with only $2,999 due at signing.

4. There’s a lot of capability and unique fun in the 2023 Hyundai Santa Cruz

The 2023 Hyundai Santa Cruz shows off its capability as a real truck.
Hyundai Santa Cruz | Hyundai

The current national lease deal on the base 2023 Hyundai Santa Cruz is $433/month for 36 months. That might sound like a high monthly payment, but consider that there’s $0 due at signing, so it’s well justified.

Also, the base Santa Cruz comes with plenty of features, including a 191-hp, 2.5-liter four-cylinder engine, and front-wheel drive. Other features include an 8-inch touchscreen, Apple Carplay, Android Auto, and a host of safety features.

3. The 2023 Volkswagen Tiguan is a well-made small SUV

Rear angle view of white 2023 VW Tiguan compact crossover SUV
2023 VW Tiguan | Volkswagen

The 2023 Volkswagen Tiguan is small in stature but big in features. It’s the only compact SUV in its class that offers a third row of seating for up to seven passengers. Additionally, the base Tiguan S comes with a 184-hp, turbocharged 2.0-liter engine and front-wheel drive. Inside, you’ll find a 6.5-inch touchscreen infotainment system with Apple CarPlay/Android Auto and a Wi-Fi hotspot. You can currently find a Tiguan S leasing for $249/month for 36 months, with $4,999 due at signing.  

2. The 2023 Honda Civic is refined and fun to drive

2023 Honda Civic Blue
2023 Honda Civic | Honda

If you’re looking to lease a compact sedan, it doesn’t get much better than the 2023 Honda Civic. The Civic offers a sophisticated package that’s filled with lots of practicality and refinement. It’s powered by a 158-hp, 2.0-liter engine, and on the inside, you’ll find comfortable seating for five in addition to plenty of safety features. U.S. News notes that the lease deal for this month is $269/month for 36 months, with $3,399 due at signing.

1. The 2023 Kia Soul offers a lot of quirkiness for not a lot of money

A blue 2023 Kia Soul subcompact SUV is parked outdoors.
The 2023 Kia Soul | Kia

The 2023 Kia Soul is a quirky subcompact crossover that looks like a box on wheels – but it’s so much more. Every Soul is equipped with a 2.0-liter, four-cylinder engine that pushes 147 hp to the front wheels. The most economical trim level is the base trim, which comes equipped with standard features like an 8-inch touchscreen, Apple Carplay, Android Auto, and a host of safety features. If you’re looking for a lease deal this month, the national deal is for $239/month for 24 or 36 months, with $2,799 due at signing.

Is a car worth leasing?

Leasing is a great option if you’re looking to get behind the wheel of a new car without that long of a commitment. Leasing a car comes with lower monthly payments, a low down payment, and the freedom to trade the car in, walk away from it, or buy it when the lease term is done. There are plenty of flexibility and economic advantages when leasing a car; these five examples are a great place to start.

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