[2023] What Month is the Best to Lease a Car?

Are you in the market for a new car lease? If so, you may be wondering, “What month is the best to lease a car?” Well, you’ve come to the right place! Our team of automotive enthusiasts at Car Leases™ has done the research and gathered expert advice to help you find the optimal time to lease a car. In this article, we’ll explore various factors that can affect lease deals, including the end of the month/quarter, holidays/off-peak times, the release of new models, weather/seasonal considerations, and other top tips for getting a great lease deal. So, let’s dive in and find out when you can snag the best lease deals!

Quick Answer
Quick Tips and Facts
Background
The End of the Month/Quarter
Holidays/Off Peak Times
March and September: After the Release of a New Model
Weather/Seasonal Considerations
Other Top Tips for Getting a Great Lease Deal
Worst Time of Year To Lease A Car
Summary
FAQs
Conclusion
Recommended Links
Reference Links

Quick Answer

The best month to lease a car is [2023]. While there are certain times of the year that tend to offer better lease deals, such as the end of the month/quarter and holidays/off-peak times, the specific month can vary depending on various factors. However, [2023] is expected to be a great year for lease deals due to the current market conditions and the release of new models. So, if you’re looking for the best lease deals, keep an eye out for [2023]!

Quick Tips and Facts

Before we dive into the details, here are some quick tips and facts to keep in mind when considering the best month to lease a car:

Lease deals can vary depending on the make, model, and dealership.
The end of the month/quarter is generally a good time to find discounted lease deals.
Holidays and off-peak times, such as Black Friday, Cyber Monday, and Christmas, often offer attractive lease deals.
March and September, when new car models are released, can be ideal for getting lease deals on older models at a lower price.
Weather and seasonal considerations can also affect lease deals, with convertibles being more affordable before summer and SUVs before winter.
Other top tips for getting a great lease deal include comparing similar cars, being flexible with lease terms, considering a larger initial payment, and being prepared to wait for a factory order deal.

Now, let’s explore each of these factors in more detail to help you make an informed decision.

Background

Leasing a car has become an increasingly popular option for many consumers. It offers the flexibility of driving a new car without the long-term commitment of ownership. However, finding the best lease deal requires careful consideration of various factors, including the timing of your lease.

Car dealerships and manufacturers often offer incentives and promotions to boost sales during specific periods. By understanding these trends and timing your lease accordingly, you can maximize your chances of getting a great deal.

The End of the Month/Quarter

One of the most well-known strategies for getting a good lease deal is to visit the dealership at the end of the month or quarter. Sales associates are often motivated to meet their quotas during these periods, which can lead to more attractive lease offers.

At the end of the month or quarter, dealerships may be more willing to negotiate on lease terms, offer lower monthly payments, or provide additional incentives. This is especially true if they are close to reaching their sales targets. So, if you’re looking for a great lease deal, consider visiting the dealership during these times.

Holidays/Off Peak Times

Holidays and off-peak times can also be a great opportunity to find discounted lease deals. During holidays like Black Friday, Cyber Monday, and Christmas, dealerships often offer special promotions and incentives to attract customers. These deals can include lower monthly payments, reduced down payments, or even cashback offers.

Additionally, off-peak times when dealership traffic is typically lower can also be a good time to find attractive lease deals. During these periods, dealerships may be more motivated to make sales and offer better lease terms. So, keep an eye out for lease deals during holidays and off-peak times to score a great deal.

March and September: After the Release of a New Model

March and September are considered prime months for lease deals. Why? Because these are the months when new car models are typically released. When new models hit the market, dealerships often need to make room for them by clearing out older inventory. This creates an opportunity for consumers to lease the previous year’s models at a lower price.

If you’re not concerned about having the latest model and are looking for a great lease deal, consider visiting the dealership in March or September. You may find attractive lease offers on previous year’s models that still offer excellent features and performance.

Weather/Seasonal Considerations

Weather and seasonal considerations can also play a role in the best time to lease a car. For example, if you’re interested in leasing a convertible, it may be more affordable to do so before summer when demand for convertibles typically increases. Similarly, if you’re considering leasing an SUV, leasing it before winter may offer better deals as dealerships try to clear out inventory.

By considering the weather and seasonal demand for specific types of vehicles, you can time your lease to take advantage of better deals. So, if you have a specific type of vehicle in mind, think about the best time of year to lease it based on seasonal considerations.

Other Top Tips for Getting a Great Lease Deal

In addition to timing your lease, there are several other tips that can help you secure a great lease deal:

Compare Similar Cars: Don’t limit yourself to just one make or model. Compare similar cars from different manufacturers to find the best lease terms and offers.
Be Flexible with Lease Terms: Consider being flexible with lease terms such as the length of the lease, mileage limits, and down payment. Sometimes, adjusting these factors can lead to better lease deals.
Consider a Larger Initial Payment: While a larger initial payment may require more upfront cash, it can help reduce your monthly lease payments. If you have the means to make a larger initial payment, it may be worth considering.
Be Prepared to Wait for a Factory Order Deal: If you have a specific make, model, or configuration in mind, consider placing a factory order. While this may require some patience, it can often lead to better lease terms and a vehicle that meets your exact specifications.

By following these tips, you can increase your chances of finding a great lease deal that fits your budget and preferences.

Worst Time of Year To Lease A Car

While there are several optimal times to lease a car, there are also periods when lease deals may not be as attractive. Here are some of the worst times of the year to lease a car:

Beginning of the Month/Quarter: At the beginning of the month or quarter, dealerships may be less likely to offer discounted lease deals as they are just starting their sales cycle.
Beginning of the Year: The beginning of the year can be a challenging time to find great lease deals. Dealerships may have just closed out their year-end sales and may not be as motivated to offer discounts.
Hot Market: If the market for a particular make or model is hot, it may be more challenging to find attractive lease deals. High demand can drive up prices and limit the availability of incentives.

While these periods may not offer the best lease deals, it’s important to note that lease deals can still vary depending on the specific dealership and market conditions. So, it’s always worth exploring your options and negotiating with dealerships to find the best lease terms.

Summary

In summary, the best month to lease a car is [2023]. While there are certain times of the year that tend to offer better lease deals, such as the end of the month/quarter and holidays/off-peak times, the specific month can vary depending on various factors. Additionally, March and September, after the release of new models, can be ideal for getting lease deals on older models at a lower price. Weather and seasonal considerations can also affect lease deals, with convertibles being more affordable before summer and SUVs before winter. By considering these factors and following our top tips for getting a great lease deal, you can maximize your chances of finding an attractive lease offer.

FAQs

What month has the best car lease deals?

The best month to find car lease deals can vary depending on various factors. However, [2023] is expected to be a great year for lease deals due to the current market conditions and the release of new models. Keep an eye out for lease deals throughout the year, but pay special attention to the end of the month/quarter, holidays/off-peak times, and the months of March and September.

Is the end of the year the best time to lease a car?

The end of the year, particularly around Christmas, is considered one of the cheapest times to lease a car. It’s the quietest time of the year for the industry, and dealerships often have incentives to meet monthly and yearly targets. However, it’s important to note that lease deals can vary depending on market conditions and dealership promotions. So, while the end of the year can offer attractive lease deals, it’s worth exploring your options throughout the year.

What is the best length to lease a car?

The best length to lease a car depends on your personal preferences and financial situation. Lease terms typically range from 24 to 48 months. Shorter lease terms may offer more flexibility and the opportunity to upgrade to a new vehicle sooner. On the other hand, longer lease terms may result in lower monthly payments. Consider your budget, driving habits, and desire for a new vehicle to determine the best lease length for you.

Is leasing a car in 2023 a good idea?

Leasing a car in [2023] can be a good idea, especially if you’re looking for a new vehicle without the long-term commitment of ownership. With the current market conditions and the release of new models, there may be attractive lease deals available. However, it’s important to carefully consider your budget, driving needs, and preferences before deciding if leasing is the right option for you. Evaluate the lease terms, including monthly payments, mileage limits, and any additional fees, to ensure they align with your financial goals.

Conclusion

In conclusion, the best month to lease a car is [2023]. While there are certain times of the year that tend to offer better lease deals, such as the end of the month/quarter and holidays/off-peak times, the specific month can vary depending on various factors. Additionally, March and September, after the release of new models, can be ideal for getting lease deals on older models at a lower price. Weather and seasonal considerations can also affect lease deals, with convertibles being more affordable before summer and SUVs before winter. By considering these factors and following our top tips for getting a great lease deal, you can increase your chances of finding an attractive lease offer.

For more information on the best time of year for lease deals, check out our related article: [2023] What Time of Year Are the Best Lease Deals?.

Reference Links

When Are Car Lease Deals the Best? – LeaseLoco
[2023] What Time of Year Are the Best Lease Deals? – Car Leases™: [2023] What Time of Year Are the Best Lease Deals?