With activity ramping up for trucks and SUVs, Wantalease.com noticed a different compact sedan supplanted the Ford Focus as having the lowest monthly lease price of any new vehicle.
According to July metrics shared by the site this week, now available for a monthly lease commitment of just $129 is the Nissan Sentra. That’s $21 less than the Focus as the Blue Oval pushed up the monthly payment for the compact up by 2.24 percent to $150.
While most vehicle prices have remained steady into July, Wantalease.com noticed that dealers have offered discounts on a variety of new trucks and SUVs to continue spurring interest in summertime lease deals.
The two largest discounts were for the Chevrolet Equinox with a $73.38 decrease in price, and the GMC Canyon Crew Cab with a $58.33 decrease in price.
The Equinox is offered at just $179 per month, while the Canyon Crew Cab is priced at $249, according to site officials.
“We’re seeing an increase in discounts and aggressive summer pricing beginning to permeate across trucks and SUV’s for lease deals,” said Scot Hall, executive vice president of Wantalease.com.
“Consumers are increasingly searching for aggressive deals on everything from small trucks to large, as well as mid-size and luxury SUVs,” Hall continued.
The vehicles with the largest jumps monthly payment included the Ford Fusion with a 10.77 percent increase and the Honda Pilot with a 6.02-percent increase in price from June.
The Fusion is currently offered at $223 per month, while the Pilot is offered for $389, according to Wantalease.com.