Leasing a Luxury Car? Here are Three Budget-Friendly Picks

Cars can be very expensive, especially luxury vehicles. According to Kelley Blue Book, the average price of an entry-level luxury vehicle is around $40,000. While a lot of luxury car collectors do not balk at such a price, a lot of us who don’t have a lot of money to spare might find it a little harder to find the funds needed to own a luxury car.

Fortunately, there are other options to getting the prestige of driving a luxury car around. Other than buying, leasing is also a way to get the nicest vehicle around without having to shell out a lot of money. Leases also allow you to walk away after only a few years and upgrade to the newest luxury model, so you always have the latest in luxury vehicles.

When a car is leased, the customer simply pays a smaller amount for down payment. Instead of paying for the entire cost of a vehicle, the customer is only asked to pay for the depreciation incurred over the course of the lease, together with any miscellaneous fees or costs set by the auto dealer.

Because leased cars need to be kept in good shape, getting into a car accident with a leased car might be rough. Fortunately, car accident lawyers at cainlaw-okc.com are just around the corner to help you get the claim you need without digging a deep hole in your pockets.

The following vehicles are just some of the few luxury cars that you can lease for around $300 a month.

Buick Encore

The Buick Encore is one of the fewer SUVs in the mid to high-end range that you can lease for a steal. This tiny vehicle packs a whole lot of power, with its 1.4 liter standard turbo engine delivering 138 horsepower and 148 lb. ft. of torque. And for only $159 per month on an auto lease, you get to enjoy its impressive features: tall cargo space, a heated steering wheel, dual zone climate controls, as well as a built-in WiFi hotspot.

Lincoln MKC

If driving small cars isn’t really your thing, you may want to consider leasing the Lincoln MKC. The Lincoln MKC Premiere is a friendlier option for your budget when you lease it, coming in at only $273 per month. Aside from its 2.0 liter turbo engine, which gives 245 horsepower, it sports a ton of impressive features that really do provide more value to the money you pay for leasing it every month. Dual zone climate control, cruise control, push button ignition, and even a smart rearview mirror are just some of the swanky features that the Lincoln MKC comes with.

Lexus IS 300

You would think that it would be impossible to own a Lexus, much less get one on a lease for cheap. But with the Lexus IS 300, you can. For only $299 a month, you get to use the IS 300’s rear wheel drive with its 241 horsepower engine. While the Lexus IS 300 is one of the brand’s more lower end models, it does retain a few of the luxurious features of the Lexus brand like the leather wrapped steering wheel, heated front seats, and a sunshade.