GOBankingRates

50 Cars That Are Better To Lease Than Own

©Ford

©Ford

Cars are notoriously bad investments: on average, they lose 57% of their value in the first five years they spend on the road. Now, if you’re the sort of person who likes to buy a car every other decade and squeeze out every last penny of that purchase, that might not be so big a concern. But for most people, it means the process of selling your used car can be downright depressing.

Check It Out: Auto Expenses You Can Expect If You Haven’t Driven During Quarantine
Look: 25 Car Accessories You Should Never Spend Your Money On

That’s why GOBankingRates has taken a look at the models that offer the most cost-benefits to customers who lease instead of buy. By looking at the cost of your monthly payments for each and factoring in the interest costs of a basic car loan, the study identified which cars are best to lease and just how much you’ll save over the course of the first five years by opting to lease instead of own.

Last updated: July 21, 2021

Make Your Money Work for You
©Hyundai

2019 Hyundai Elantra GT

  • Starting MSRP: $19,450
  • Total 5-year depreciation: $11,192
  • Monthly loan payments at 5% APR: $294
  • Total loan payments over 5 years with 20% down: $21,530
  • Monthly lease payments at 5% APR: $189
  • Total lease payments over 5 years: $11,340

Total savings over 5 years when you lease: $10,190

Read: Best (and Worst) Cities for Car Lovers

©Honda

2019 Honda Civic Sedan

  • Starting MSRP: $19,450
  • Total 5-year depreciation: $11,192
  • Monthly loan payments at 5% APR: $294
  • Total loan payments over 5 years with 20% down: $21,530
  • Monthly lease payments at 5% APR: $189
  • Total lease payments over 5 years: $11,340

Total savings over 5 years when you lease: $10,190

Good To Know: 25 Ways To Score a Good Deal on a Car Out of State

©Subaru

2019 Subaru Impreza 2.0i Sedan

  • Starting MSRP: $19,480
  • Total 5-year depreciation: $11,209
  • Monthly loan payments at 5% APR: $294
  • Total loan payments over 5 years with 20% down: $21,536
  • Monthly lease payments at 5% APR: $189
  • Total lease payments over 5 years: $11,340

Total savings over 5 years when you lease: $10,196

Be Aware: 25 Scary Signs You Need To Sell Your Car Right Now

©Hyundai

2019 Hyundai Sonata SE

  • Starting MSRP: $19,750
  • Total 5-year depreciation: $11,365
  • Monthly loan payments at 5% APR: $298
  • Total loan payments over 5 years with 20% down: $21,830
  • Monthly lease payments at 5% APR: $192
  • Total lease payments over 5 years: $11,520

Total savings over 5 years when you lease: $10,310

Go Green: States With Electric Vehicle Incentives

Make Your Money Work for You
©Subaru

2019 Subaru Impreza 2.0i 5-Door

  • Starting MSRP: $19,980
  • Total 5-year depreciation: $11,497
  • Monthly loan payments at 5% APR: $302
  • Total loan payments over 5 years with 20% down: $22,116
  • Monthly lease payments at 5% APR: $194
  • Total lease payments over 5 years: $11,640

Total savings over 5 years when you lease: $10,476

©Toyota

2019 Toyota Corolla Hatchback

  • Starting MSRP: $19,990
  • Total 5-year depreciation: $11,503
  • Monthly loan payments at 5% APR: $302
  • Total loan payments over 5 years with 20% down: $22,118
  • Monthly lease payments at 5% APR: $194
  • Total lease payments over 5 years: $11,640

Total savings over 5 years when you lease: $10,478

©Ford

2019 Ford EcoSport

  • Starting MSRP: $19,995
  • Total 5-year depreciation: $11,506
  • Monthly loan payments at 5% APR: $302
  • Total loan payments over 5 years with 20% down: $22,119
  • Monthly lease payments at 5% APR: $194
  • Total lease payments over 5 years: $11,640

Total savings over 5 years when you lease: $10,479

©Mazda

2019 Mazda 3

  • Starting MSRP: $21,000
  • Total 5-year depreciation: $12,084
  • Monthly loan payments at 5% APR: $317
  • Total loan payments over 5 years with 20% down: $23,220
  • Monthly lease payments at 5% APR: $204
  • Total lease payments over 5 years: $12,240

Total savings over 5 years when you lease: $10,980

©Volkswagen

2019 Volkswagen Golf

  • Starting MSRP: $21,845
  • Total 5-year depreciation: $12,570
  • Monthly loan payments at 5% APR: $330
  • Total loan payments over 5 years with 20% down: $24,169
  • Monthly lease payments at 5% APR: $212
  • Total lease payments over 5 years: $12,720

Total savings over 5 years when you lease: $11,449

Make Your Money Work for You
©Honda

2019 Honda Accord

  • Starting MSRP: $23,720
  • Total 5-year depreciation: $13,649
  • Monthly loan payments at 5% APR: $358
  • Total loan payments over 5 years with 20% down: $26,224
  • Monthly lease payments at 5% APR: $230
  • Total lease payments over 5 years: $13,800

Total savings over 5 years when you lease: $12,424

David Dewhurst Photography / Toyota

2019 Toyota Camry

  • Starting MSRP: $24,095
  • Total 5-year depreciation: $13,865
  • Monthly loan payments at 5% APR: $364
  • Total loan payments over 5 years with 20% down: $26,659
  • Monthly lease payments at 5% APR: $234
  • Total lease payments over 5 years: $14,040

Total savings over 5 years when you lease: $12,619

©Nissan

2020 Nissan Altima

  • Starting MSRP: $24,100
  • Total 5-year depreciation: $13,868
  • Monthly loan payments at 5% APR: $364
  • Total loan payments over 5 years with 20% down: $26,660
  • Monthly lease payments at 5% APR: $234
  • Total lease payments over 5 years: $14,040

Total savings over 5 years when you lease: $12,620

©Honda

2019 Honda Accord Hybrid

  • Starting MSRP: $25,320
  • Total 5-year depreciation: $14,570
  • Monthly loan payments at 5% APR: $382
  • Total loan payments over 5 years with 20% down: $27,984
  • Monthly lease payments at 5% APR: $246
  • Total lease payments over 5 years: $14,760

Total savings over 5 years when you lease: $13,224

©Ford

2019 Ford Mustang

  • Starting MSRP: $26,395
  • Total 5-year depreciation: $15,189
  • Monthly loan payments at 5% APR: $398
  • Total loan payments over 5 years with 20% down: $29,159
  • Monthly lease payments at 5% APR: $256
  • Total lease payments over 5 years: $15,360

Total savings over 5 years when you lease: $13,799

Make Your Money Work for You
©Chevrolet

2019 Chevrolet Volt

  • Starting MSRP: $33,520
  • Total 5-year depreciation: $19,289
  • Monthly loan payments at 5% APR: $487
  • Total loan payments over 5 years with 20% down: $35,924
  • Monthly lease payments at 5% APR: $323
  • Total lease payments over 5 years: $19,380

Total savings over 5 years when you lease: $16,544

Kevin Pearce / Ford

2020 Ford Fusion Hybrid

  • Starting MSRP: $31,630
  • Total 5-year depreciation: $18,201
  • Monthly loan payments at 5% APR: $478
  • Total loan payments over 5 years with 20% down: $35,006
  • Monthly lease payments at 5% APR: $307
  • Total lease payments over 5 years: $18,420

Total savings over 5 years when you lease: $16,586

Learn More: 25 Simple Things To Do To Keep Your Car Costs Low

©Mercedes-Benz

2019 Mercedes Benz A-Class

  • Starting MSRP: $32,500
  • Total 5-year depreciation: $18,702
  • Monthly loan payments at 5% APR: $491
  • Total loan payments over 5 years with 20% down: $35,960
  • Monthly lease payments at 5% APR: $316
  • Total lease payments over 5 years: $18,960

Total savings over 5 years when you lease: $17,000

©Kia

2019 Kia Stinger

  • Starting MSRP: $32,990
  • Total 5-year depreciation: $18,984
  • Monthly loan payments at 5% APR: $498
  • Total loan payments over 5 years with 20% down: $36,478
  • Monthly lease payments at 5% APR: $320
  • Total lease payments over 5 years: $19,200

Total savings over 5 years when you lease: $17,278

©Nissan

2019 Nissan Maxima

  • Starting MSRP: $34,050
  • Total 5-year depreciation: $19,594
  • Monthly loan payments at 5% APR: $514
  • Total loan payments over 5 years with 20% down: $37,650
  • Monthly lease payments at 5% APR: $331
  • Total lease payments over 5 years: $19,860

Total savings over 5 years when you lease: $17,790

Make Your Money Work for You
©Volvo

2019 Volvo S60

  • Starting MSRP: $35,800
  • Total 5-year depreciation: $20,601
  • Monthly loan payments at 5% APR: $540
  • Total loan payments over 5 years with 20% down: $39,560
  • Monthly lease payments at 5% APR: $348
  • Total lease payments over 5 years: $20,880

Total savings over 5 years when you lease: $18,680

Related: These 20 Cars Cost the Most To Maintain

©2017 FCA US LLC

2019 Alfa Romeo Giulia

  • Starting MSRP: $38,545
  • Total 5-year depreciation: $22,180
  • Monthly loan payments at 5% APR: $582
  • Total loan payments over 5 years with 20% down: $42,629
  • Monthly lease payments at 5% APR: $374
  • Total lease payments over 5 years: $22,440

Total savings over 5 years when you lease: $20,189

SSB / BMW

2019 BMW 3-Series

  • Starting MSRP: $40,750
  • Total 5-year depreciation: $23,449
  • Monthly loan payments at 5% APR: $615
  • Total loan payments over 5 years with 20% down: $45,050
  • Monthly lease payments at 5% APR: $396
  • Total lease payments over 5 years: $23,760

Total savings over 5 years when you lease: $21,290

©Mercedes-Benz

2019 Mercedes-Benz C-Class

  • Starting MSRP: $41,400
  • Total 5-year depreciation: $23,823
  • Monthly loan payments at 5% APR: $625
  • Total loan payments over 5 years with 20% down: $45,780
  • Monthly lease payments at 5% APR: $402
  • Total lease payments over 5 years: $24,120

Total savings over 5 years when you lease: $21,660

MullenLowe / Acura

2020 Acura MDX

  • Starting MSRP: $44,400
  • Total 5-year depreciation: $25,549
  • Monthly loan payments at 5% APR: $670
  • Total loan payments over 5 years with 20% down: $49,080
  • Monthly lease payments at 5% APR: $427
  • Total lease payments over 5 years: $25,620

Total savings over 5 years when you lease: $23,460

Make Your Money Work for You
©BMW

2020 BMW 4-Series

  • Starting MSRP: $44,950
  • Total 5-year depreciation: $25,866
  • Monthly loan payments at 5% APR: $679
  • Total loan payments over 5 years with 20% down: $49,730
  • Monthly lease payments at 5% APR: $436
  • Total lease payments over 5 years: $26,160

Total savings over 5 years when you lease: $23,570

©Lincoln

2019 Lincoln Continental

  • Starting MSRP: $46,145
  • Total 5-year depreciation: $26,553
  • Monthly loan payments at 5% APR: $697
  • Total loan payments over 5 years with 20% down: $51,049
  • Monthly lease payments at 5% APR: $448
  • Total lease payments over 5 years: $26,880

Total savings over 5 years when you lease: $24,169

David Dewhurst Photography / Lexus

2019 Lexus GS

  • Starting MSRP: $46,860
  • Total 5-year depreciation: $26,965
  • Monthly loan payments at 5% APR: $707
  • Total loan payments over 5 years with 20% down: $51,792
  • Monthly lease payments at 5% APR: $455
  • Total lease payments over 5 years: $27,300

Total savings over 5 years when you lease: $24,492

©Cadillac

2019 Cadillac XTS

  • Starting MSRP: $46,895
  • Total 5-year depreciation: $26,985
  • Monthly loan payments at 5% APR: $708
  • Total loan payments over 5 years with 20% down: $51,859
  • Monthly lease payments at 5% APR: $455
  • Total lease payments over 5 years: $27,300

Total savings over 5 years when you lease: $24,559

Hidden Costs: 17 Hidden Auto Costs Your Dealer Will Never Tell You About

©Jaguar

2019 Jaguar F-Pace

  • Starting MSRP: $47,250
  • Total 5-year depreciation: $27,189
  • Monthly loan payments at 5% APR: $713
  • Total loan payments over 5 years with 20% down: $52,230
  • Monthly lease payments at 5% APR: $459
  • Total lease payments over 5 years: $27,540

Total savings over 5 years when you lease: $24,690

©Daimler AG - Global Communication

2019 Mercedes-Benz GLC Coupe

  • Starting MSRP: $47,300
  • Total 5-year depreciation: $27,218
  • Monthly loan payments at 5% APR: $714
  • Total loan payments over 5 years with 20% down: $52,300
  • Monthly lease payments at 5% APR: $459
  • Total lease payments over 5 years: $27,540

Total savings over 5 years when you lease: $24,760

©Volvo

2019 Volvo S90

  • Starting MSRP: $47,350
  • Total 5-year depreciation: $27,247
  • Monthly loan payments at 5% APR: $715
  • Total loan payments over 5 years with 20% down: $52,370
  • Monthly lease payments at 5% APR: $460
  • Total lease payments over 5 years: $27,600

Total savings over 5 years when you lease: $24,770

©Volvo

2019 Volvo XC90

  • Starting MSRP: $47,700
  • Total 5-year depreciation: $27,448
  • Monthly loan payments at 5% APR: $720
  • Total loan payments over 5 years with 20% down: $52,740
  • Monthly lease payments at 5% APR: $463
  • Total lease payments over 5 years: $27,780

Total savings over 5 years when you lease: $24,960

©Audi

2019 Audi S4

  • Starting MSRP: $50,200
  • Total 5-year depreciation: $28,887
  • Monthly loan payments at 5% APR: $758
  • Total loan payments over 5 years with 20% down: $55,520
  • Monthly lease payments at 5% APR: $487
  • Total lease payments over 5 years: $29,220

Total savings over 5 years when you lease: $26,300

©Infiniti

2019 Infiniti Q70

  • Starting MSRP: $50,400
  • Total 5-year depreciation: $29,002
  • Monthly loan payments at 5% APR: $761
  • Total loan payments over 5 years with 20% down: $55,740
  • Monthly lease payments at 5% APR: $489
  • Total lease payments over 5 years: $29,340

Total savings over 5 years when you lease: $26,400

©Audi AG

2019 Audi SQ5

  • Starting MSRP: $52,400
  • Total 5-year depreciation: $30,153
  • Monthly loan payments at 5% APR: $791
  • Total loan payments over 5 years with 20% down: $57,940
  • Monthly lease payments at 5% APR: $509
  • Total lease payments over 5 years: $30,540

Total savings over 5 years when you lease: $27,400

David Dewhurst Photography / Lexus

2019 Lexus GX

  • Starting MSRP: $52,505
  • Total 5-year depreciation: $30,213
  • Monthly loan payments at 5% APR: $793
  • Total loan payments over 5 years with 20% down: $58,081
  • Monthly lease payments at 5% APR: $510
  • Total lease payments over 5 years: $30,600

Total savings over 5 years when you lease: $27,481

Daniel Kraus / BMW

2019 BMW 5-Series

  • Starting MSRP: $53,900
  • Total 5-year depreciation: $31,016
  • Monthly loan payments at 5% APR: $814
  • Total loan payments over 5 years with 20% down: $59,620
  • Monthly lease payments at 5% APR: $523
  • Total lease payments over 5 years: $31,380

Total savings over 5 years when you lease: $28,240

©AUDI AG

2019 Audi A6

  • Starting MSRP: $54,100
  • Total 5-year depreciation: $31,131
  • Monthly loan payments at 5% APR: $817
  • Total loan payments over 5 years with 20% down: $59,840
  • Monthly lease payments at 5% APR: $525
  • Total lease payments over 5 years: $31,500

Total savings over 5 years when you lease: $28,340

Acura / Honda

2020 Acura RLX

  • Starting MSRP: $54,900
  • Total 5-year depreciation: $31,591
  • Monthly loan payments at 5% APR: $829
  • Total loan payments over 5 years with 20% down: $60,720
  • Monthly lease payments at 5% APR: $533
  • Total lease payments over 5 years: $31,980

Total savings over 5 years when you lease: $28,740

©Chevrolet

2019 Chevrolet Stingray

  • Starting MSRP: $55,900
  • Total 5-year depreciation: $32,167
  • Monthly loan payments at 5% APR: $844
  • Total loan payments over 5 years with 20% down: $61,820
  • Monthly lease payments at 5% APR: $543
  • Total lease payments over 5 years: $32,580

Total savings over 5 years when you lease: $29,240

Find Out: 23 Car Upgrades That Are Worth the Money

©Land Rover

2020 Land Rover Range Rover Velar

  • Starting MSRP: $56,300
  • Total 5-year depreciation: $32,397
  • Monthly loan payments at 5% APR: $850
  • Total loan payments over 5 years with 20% down: $62,260
  • Monthly lease payments at 5% APR: $547
  • Total lease payments over 5 years: $32,820

Total savings over 5 years when you lease: $29,440

©Jaguar

2020 Jaguar F-Type

  • Starting MSRP: $61,600
  • Total 5-year depreciation: $35,447
  • Monthly loan payments at 5% APR: $930
  • Total loan payments over 5 years with 20% down: $68,120
  • Monthly lease payments at 5% APR: $598
  • Total lease payments over 5 years: $35,880

Total savings over 5 years when you lease: $32,240

Jessica Lynn Walker / Cadillac

2019 Cadillac CT6

  • Starting MSRP: $62,595
  • Total 5-year depreciation: $36,019
  • Monthly loan payments at 5% APR: $945
  • Total loan payments over 5 years with 20% down: $69,129
  • Monthly lease payments at 5% APR: $608
  • Total lease payments over 5 years: $36,480

Total savings over 5 years when you lease: $32,739

Guenter Schmied / BMW

2019 BMW X6

  • Starting MSRP: $63,550
  • Total 5-year depreciation: $36,569
  • Monthly loan payments at 5% APR: $959
  • Total loan payments over 5 years with 20% down: $70,250
  • Monthly lease payments at 5% APR: $617
  • Total lease payments over 5 years: $37,020

Total savings over 5 years when you lease: $33,230

Dejan Sokolovski / Lexus

2020 Lexus RC F

  • Starting MSRP: $64,750
  • Total 5-year depreciation: $37,259
  • Monthly loan payments at 5% APR: $978
  • Total loan payments over 5 years with 20% down: $71,630
  • Monthly lease payments at 5% APR: $629
  • Total lease payments over 5 years: $37,740

Total savings over 5 years when you lease: $33,890

Dominic Fraser / Infiniti

2019 Infiniti QX80

  • Starting MSRP: $65,500
  • Total 5-year depreciation: $37,691
  • Monthly loan payments at 5% APR: $989
  • Total loan payments over 5 years with 20% down: $72,440
  • Monthly lease payments at 5% APR: $636
  • Total lease payments over 5 years: $38,160

Total savings over 5 years when you lease: $34,280

©Porsche

2019 Porsche Cayenne

  • Starting MSRP: $66,800
  • Total 5-year depreciation: $38,439
  • Monthly loan payments at 5% APR: $1,008
  • Total loan payments over 5 years with 20% down: $73,840
  • Monthly lease payments at 5% APR: $649
  • Total lease payments over 5 years: $38,940

Total savings over 5 years when you lease: $34,900

©Land Rover

2020 Land Rover Range Rover Sport

  • Starting MSRP: $68,650
  • Total 5-year depreciation: $39,504
  • Monthly loan payments at 5% APR: $1,036
  • Total loan payments over 5 years with 20% down: $75,890
  • Monthly lease payments at 5% APR: $666
  • Total lease payments over 5 years: $39,960

Total savings over 5 years when you lease: $35,930

©Lincoln

2019 Lincoln Navigator

  • Starting MSRP: $73,205
  • Total 5-year depreciation: $42,125
  • Monthly loan payments at 5% APR: $1,105
  • Total loan payments over 5 years with 20% down: $80,941
  • Monthly lease payments at 5% APR: $711
  • Total lease payments over 5 years: $42,660

Total savings over 5 years when you lease: $38,281

©Cadillac

2020 Cadillac Escalade

  • Starting MSRP: $75,195
  • Total 5-year depreciation: $43,270
  • Monthly loan payments at 5% APR: $1,135
  • Total loan payments over 5 years with 20% down: $83,139
  • Monthly lease payments at 5% APR: $730
  • Total lease payments over 5 years: $43,800

Total savings over 5 years when you lease: $39,339

More From GoBankingRates

Methodology: GOBankingRates found 75 cars that are more affordable to lease than to own using the following assumptions. For owning: five-year loan (60-month) and 20 percent down payment, excluding estimated tax, title, tags and other fees, and an APR of 5%. For leasing: five-year lease (60 months) and a money factor of 0.0020833 (the equivalent of 5% APR); no down payment, fees, trade-in value or taxes were included. GOBankingRates then found the (1) monthly lease payment; (2) monthly loan payment; (3) 5-year lease payment total; and (4) 5-year loan total plus a 20% down payment. Factors three and four were then compared to give a value for (5) total saved over 5 years when you opt to lease instead of own. Vehicle prices were sourced from the respective car manufacturer’s website, vehicle financing calculations were found using CarMax’s car payment calculator and lease payment calculations were found using Edmunds.com’s auto lease calculator. Each car’s 5-year depreciation was found using Navy Federal Credit Union’s car depreciation calculator for supplemental data. All data was collected and is up to date as of Aug. 12, 2019.