These Are The Best Lease Deals for March 2023
With spring quickly approaching, March is an excellent time to start looking for a new car. Whether you are planning a summer road trip or need something to get you to school or work reliably, a new vehicle can improve your day-to-day life and keep you safe whenever you are on the road.
A crossover, pickup truck, or compact SUV can bring some fun and security to your daily routine and help you get where you need to go. Plus, March is one of the best times of the year for new car shoppers. With incentives, rebates, and warranty offers, you can drive away happy, knowing that you got a great deal.
To help you find the perfect vehicle for you and your specific needs, we have put together a guide to the best lease deals in March 2023.
All of these lease specials have their own rules and stipulations, which you should be aware of before you agree to anything, and some of them are only going to be available to qualified lessees with certain credit scores or people who live in specific states. Be sure to understand the requirements for every lease offer so you can be sure that it is the right choice for you.
1. 2023 Hyundai Elantra
The Hyundai Elantra is one of the most reliable daily drivers on the market and the 2023 version is a practical choice with excellent fuel economy and lots of exterior style. The base engine is a naturally-aspirated 2.0-liter four-cylinder putting out 147 horsepower and 132 pound-feet of torque but this can be upgraded to a hybrid version, which has a 1.6-liter four-cylinder paired with an electric motor for 139 horsepower. Right now, you can get a deal on a 2023 Hyundai Elantra for $309 per month for 36 months with nothing due at lease signing. This 10,000-mile-per-year lease is available to qualified lessees until April 3, 2023. Details here.
2. 2023 Nissan Altima
If you are looking for a family sedan with a unique look and a relatively powerful engine, the 2023 Nissan Altima is a fantastic choice. It comes with your choice of two engine options: a 2.5-liter four-cylinder putting out 188 horsepower or a turbocharged 2.0-liter four-cylinder putting out 258 horsepower, which can be purchased with AWD. For the month of March, you can get a lease on a 2023 Altima for $219 per month for 18 months with a down payment of $2,559. This is a 10,000-mile lease that is only available to qualified lessees. Details here.
3. 2023 Honda Civic
For years, the Honda Civic has been known as a reliable, decently-performing car for people who want something dependable and fun to drive and the 2023 version carries this legacy. With your choice of a 2.0-liter four-cylinder engine putting out 158 horsepower or a turbocharged 1.5-liter four-cylinder putting out 180 horsepower, you can pick the level of power you want for your practical vehicle. Honda is currently offering deals on a 2023 Civic with monthly lease payments of $269 per month for 36 months. This deal requires $3,399 at lease signing and is available to qualified lessees through the end of March. Details here.
4. 2023 Kia Sportage
The compact crossover segment can be oversaturated but the Kia Sportage sets itself apart with car-like handling and interesting, distinct styling. The base engine for the 2023 Sportage is a 2.5-liter four-cylinder putting out 187 horsepower through an eight-speed automatic transmission but it can also be hybridized with a turbo 1.6-liter putting out 226 horsepower. Right now, you can get a lease on a 2023 Sportage for $279 per month with $3,499 due at lease signing. This 36-month lease is good for 10,000 miles per year and is available to qualified lessees until April 3, 2023. Details here.
5. 2023 Chevrolet Equinox
Chevy has been producing top-tier SUVs for a long time and the 2023 Equinox is a functional, compact SUV with a fairly low starting MSRP. It features a turbocharged 1.5-liter four-cylinder engine putting out 175 horsepower through standard FWD with the option to switch to an AWD configuration at some of the higher levels. Chevy is currently offering lease deals on a base 2023 Equinox for $269 per month for 24 months with $1,609 due at lease signing. This ultra-low-mileage lease is available to current lessees of 2018 or newer non-GM vehicles and is one of the best SUV lease deals on the market. Details here.
6. 2023 Subaru Crosstrek
If you are looking for a capable, easy-to-drive SUV that has a rugged look and enough power for all kinds of applications, the Subaru Crosstrek is a great option. The base engine is a 2.0-liter four-cylinder putting out 152 horsepower through Subaru’s continuously variable automatic transmission but there is also a 2.5-liter version that puts out 182 horsepower. From now until the end of March, you can get a lease on a 2023 Crosstrek for $285 per month for 26 months with $2,585 due at lease signing. This 10,000-mile-per-year lease requires no security deposit for qualified lessees. Details here.
7. 2023 BMW 2-Series
When looking for an entry-level luxury sports car, you can do no better than the BMW 2-Series and the 2023 model has fantastic exterior styling and a lot of power. You have your choice of engines with a turbocharged 2.0-liter four-cylinder with 255 horsepower or a turbo 3.0-liter inline-six with 283 horsepower. Right now, you can get a lease on a 2023 2-Series with a base engine for $469 per month for 36 months and $5,199 due at lease signing. This low-mileage lease is available to qualified lessees through April 2, 2023. Details here.
8. Volvo XC90
Volvo has been making luxury vehicles with excellent safety standards and great styling for years and their mid-size SUV entry, the XC90, is a great example. The base engine is a turbocharged 2.0-liter four-cylinder with a 48-volt electric motor that puts out 247 horsepower with excellent gas mileage for commuters and daily drivers. From now until the end of March, you can get a deal on a lease for a 2023 XC90 for $739 per month for 36 months with $5,139 due at lease signing. This lease is good for 10,000 miles per year and is available to qualified lessees. Details here.
9. 2023 Honda HR-V
The Honda HR-V is a stylish compact SUV and for the 2023 model year, it has been completely rejuvenated with new styling and updated features. The 2023 HR-V comes with a 2.0-liter four-cylinder engine putting out 158 horsepower and is the same engine that comes with the Civic. Right now, you can get a lease on a 2023 HR-V for $249 per month for 36 months with $3,699 due at lease signing. This 10,000-mile-per-year deal is good until May 1, 2023, and is only available to current owners of 2013 or newer Honda vehicles. Details here.
10. 2023 Toyota Tacoma
The mid-size pickup segment is fairly saturated but none of the competitors in the class can outrank the Toyota Tacoma when it comes to rugged durability and function. The base model comes with a four-cylinder engine putting out 159 horsepower and 180 pound-feet of torque but this can be upgraded to a V6 putting out 278 horsepower and 265 pound-feet of torque if you need more power. Right now, you can get a lease on a 2023 base Tacoma for $384 per month for 36 months. This 12,000-mile-per-year lease requires $3,034 at lease signing and is available to qualified lessees. Details here.
11. 2023 Hyundai Kona
If you are looking for a compact SUV that has more of a hot hatchback feel, the zippy Hyundai Kona could be a great choice. The 2023 Kona features a 2.0-liter four-cylinder putting out 147 horsepower but that is more than enough to make it incredibly fun to drive. From now until April 3, 2023, you can get a lease on a 2023 Kona for $319 per month for 36 months with nothing due at lease signing if you are a qualified lessee. Details here.
12. 2023 Mazda CX-30
Mazda is known for making stylish, fun vehicles and the CX30 is their answer to the small SUV segment with crisp styling and tasteful features. The standard engine is a 2.5-liter four-cylinder putting out 191 horsepower through a six-speed automatic, which is designed to choose the right gear for your specific driving conditions. Right now, you can get a deal on a 2023 CX30 lease for $276 per month for 24 months. This 10,000-mile-per-year lease requires $2,999 at lease signing and is good through the end of March. Details here.
13. 2023 GMC Terrain
GMC is known for producing large, powerful SUVs but their compact crossover, the Terrain, is an accessible and stylish alternative. It comes with a turbocharged 1.5-liter four-cylinder engine putting out 175 horsepower through a nine-speed automatic transmission for versatility and fuel economy. GMC is offering current lessees of 2018 or newer GMC vehicles a lease on a 2023 Terrain for $229 per month for 24 months. This ultra-low-mileage lease requires $3,609 at lease signing and is available through the end of March. Details here.
14. 2023 Infiniti QX50
As a luxury SUV, the Infiniti QX50 is relatively entry-level but that doesn’t mean it doesn’t have excellent styling and lots of high-end features. The 2023 QX50’s engine is a turbocharged four-cylinder using variable compression to put out 268 horsepower and 280 pound-feet of torque for lots of power on the highway or city streets. Well-qualified lessees can get a deal on a 2023 QX50 for $509 per month for 36 months with $5,369 due at lease signing. This 10,000-mile-per-year lease is available through April 3, 2023. Details here.
15. 2023 Mercedes-Benz C-Class
If you want the luxury and premium features of the high-end Mercedes S-Class without the price tag and massive footprint, the C-Class is an excellent alternative. The 2023 C-Class features a turbocharged 2.0-liter four-cylinder engine putting out 255 horsepower and has the handling and sporty feel you would expect from the automaker. For all of March, you can get a lease on a 2022 C 300 Sedan for $559 per month for 36 months. Well-qualified lessees will have to pay $4,653 at lease signing and will get a mileage allowance of 10,000 miles per year. Details here.
16. Porsche Cayenne
If you want an SUV that doesn’t have any of the boxy practicality you expect, the Porsche Cayenne is your sporty, high-end dream come true. With a base turbo V6 putting out 335 horsepower, there is no shortage of excitement. Porsche is currently offering leases on a 2023 Cayenne for $1,149 for 39 months with $9,609 due at lease signing for qualified lessees. This deal requires no security deposit and is available until the end of March 2023. Details here.
17. 2022 Ford Explorer
As one of the most iconic family SUVs on the market, the Ford Explorer scratches an itch for style and functionality all in one package. The 2023 Explorer’s base engine is a 2.3-liter four-cylinder putting out 300 horsepower, which will be more than enough power for most families and commuters. Ford is currently offering leases on a 2023 Explorer for $499 per month for 36 months with $4,899 due at lease signing. If you decide to purchase a Ford vehicle at the end of your lease term, you get $395 waived from the lease fees. This deal is available until April 3, 2023. Details here.
18. 2023 Chrysler Pacifica
While minivans aren’t nearly as popular as they once were, the Chrysler Pacifica has more than enough class and style for almost any family. The 2023 Pacifica features a 3.6-liter V6 putting out 287 horsepower and has more get-up-and-go than you might expect from a family van. Chrysler is currently offering deals on a 2023 Pacifica for $526 per month for 36 months. This deal requires $4,749 at lease signing and is good for 10,000 miles per year. Details here.
19. 2023 RAM 1500
If you need a full-size pickup truck with enough capability for almost any job, look no further than the RAM 1500. While there are many powertrain options available, the base 2023 RAM 1500 comes with a 3.6-liter V6 putting out 305 horsepower and 271 pound-feet of torque, making it a great choice for work and daily driving. From now until April 3, 2023, you can get a lease on a 2023 RAM 1500 for $540 per month for 42 months. This deal requires $3,999 at lease signing and is available to qualified lessees. Details here.
20. 2022 Buick Encore
When looking for an SUV, you probably have something big and unwieldy in mind. However, the 2022 Buick Encore is a subcompact SUV that drives like a car but still manages to have quite a bit of space in the cabin. This tiny SUV features a 1.4-liter four-cylinder putting out 155 horsepower, which is more than enough for how small it is. Right now, eligible current lessees can lease a 2022 Encore for $179 per month for 24 months. This deal requires $4,569 at lease signing and is good for 10,000 miles per year. Details here.
If you don’t see the specific vehicle you are looking for in our above list, don’t worry! Many deals are going on at your local dealers this month for leases on vehicles by Audi, Volkswagen, Lexus, Tesla, and much more!
Leasing Tips for March 2023:
No matter what kind of vehicle you are looking for, leasing is a great way to get behind the wheel. With simple monthly payments and much less commitment, lessees get to enjoy the freedom of changing their cars every few years without the hassle of buying and selling. When you get to the end of your lease term, you can even decide to purchase the car if you are happy with it, opening up all kinds of options to you. This way, you can be sure that your midsize SUV, luxury car, minivan, or other vehicle is perfect for you and your needs.
If you have never leased a car before, our set of leasing guides can get you oriented. They will give you the basic information that you need and show you how you can benefit from the various offers, rebates, and lease incentives that are available with the best car lease deals.
1. What is a Lease for a Car? https://www.autolist.com/guides/what-is-a-lease
2. When is the Best Time to Lease a Car? https://www.autolist.com/guides/best-time-to-lease-car
3. Leasing vs Buying https://www.autolist.com/guides/lease-vs-buy-car
4. How to Negotiate a Car Lease https://www.autolist.com/guides/how-to-negotiate-car-lease
https://www.autolist.com/guides/best-lease-deals These Are The Best Lease Deals for March 2023
