Wantalease.com is noticing the leasing promotions leveraged by automakers and dealerships during the spring are being kept in place as the industry moves into summer.
Site officials reported that prices on most of today’s popular leases holding steady compared to May. Wantalease.com noted 36 different vehicles maintained their prices.
Only one vehicle is currently offered for less than $150 per month on Wantalease.com. The Ford Focus is priced at $149 per month, making it the most affordable vehicle lease for the month of June.
The site pointed out a lease for the Ford Focus dropped compared to May as it was previously listed at $179.
While most vehicle prices held steady entering June, Wantalease.com insisted dealers continue to offer aggressive prices on entry-level vehicles, in particular.
Two entry-level cars — the Chevrolet Cruze and the Volkswagen Jetta — are currently offered at less than $200 monthly. In fact, the Chevrolet Cruze is currently offered at $179 per month.
“We’re seeing prices stabilize on many leases entering summer, an indication that dealers were aggressive during spring and they’re looking to maintain these offers as we enter the summer months,” said Scot Hall, executive vice president of Wantalease.com.
“Consumers will continue to increasingly search for aggressive deals from small cars to large, luxury trucks and SUVs,” Hall continued.
The vehicle that saw the largest price increase entering the month of June is the Cadillac CTS 2.0 Rear Wheel Drive. This vehicle, which is currently offered at $489 per month, increased in price by 24.65 percent in comparison to previous month.
The Honda CR-V LX also saw an increase in price by 19.66 percent, bringing the monthly payments to $259, followed by the Infiniti QX80, with an increase of 11.93 percent and monthly payments of $769.