CINCINNATI -

As dealers gear up for Memorial Day weekend sales, lease options might be top-of-mind for many shoppers with automakers ramping up incentives.

Swapalease.com reported this week that “aggressive” monthly deals are being put on domestic cars and trucks, many of which come out to lease payments of  under $200 per month.

"Aggressive lease deals have continued into May, and we expect the number of deals with payments under $200 monthly to grow even more as we head into Memorial Day sales," said Scot Hall, executive vice president of Swapalease.com. "Domestic brands in particular are showing an increased level of aggressiveness to offer attractive payments for car shoppers looking to stay at a low budget."

In fact, the company noted 15 popular cars and trucks are being offered this month in that price cap.

Moreover, five new car lease deals are being offered for less than $149 a month, including the Chevrolet Malibu LT with a $0 down payment.

According to Swapalease, other cars offered at $149 monthly include the Nissan Sentra SV, Chrysler 200 Limited and Volkswagen Jetta S.These deals are applicable for either 36- or 39-month terms. 

And for those shoppers in the markets for a SUV, dealers can turn to the Chevrolet Traverse LT two-wheel drive that is being offered for $189 per month, and the Chevrolet Equinox two-wheel drive LT for $199 a month.

As far as monthly drops in rates, this Malibu LT is out in front. This monthly payment dropped 41.4 percent compared to April deals, when it was offered for $254.53 monthly, according to Swapalease data.

The Chevrolet Traverse also saw a significant decline, with monthly rates dropping by 33.2 percent from May, as well as the Chrysler 300 rear-wheel drive, which is down 32.6 percent, and the GMC Yukon two-wheel drive SLE with a decline of 25.3 percent.  

And though most of the May deals are for mainstream models, the Acura ILX is offering the best monthly deal across luxury segments with a monthly lease payment of $229 on a 36-month lease.