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50 Cars That Are Better To Lease Than Own

Joel Anderson

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.

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: Jan. 9, 2020

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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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

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

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

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

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

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

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

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

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

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.

Data is accurate as of August 12, 2019, and is subject to change.

This article originally appeared on GOBankingRates.com: 50 Cars That Are Better To Lease Than Own