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Best Lease Deals On Sedans For June 2021
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Best Lease Deals On Sedans For June 2021

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Best Sedan Lease Deals June 2021
Hyundai Sonata Hybrid.  Hyundai

Here’s a list of 10 Best Lease Deals on four-door sedans, as defined by Market Scan, for June 2021. It’s heavy on luxury imports — the Audi  brand accounts for three of the Top 10, plus entries for Infiniti, Jaguar and Genesis.

That’s not surprising, considering the mass market has largely switched to trucks (trucks in industry terms), meaning SUVs, crossovers and pickups. 

After decades of trying and failing to profitably build small cars in North America to match the Asian import brands, since 2018 the domestic brands from Ford, General Motors and Stellantis (the former Fiat Chrysler) have largely punted passenger cars, except for sports cars and specialty cars like the battery powered Ford Mustang Mach-E, which Ford calls an SUV.

On the Best Lease Deals list, an exception that proves the rule is the 2020 Ford Fusion Hybrid. The thing is, Ford quit building the Ford Fusion last summer, so once the 2020s are gone, that’s it. 

Executives for the Asian import brands — which largely build in North America the cars they sell in North America — say they’re committed to passenger cars.

“There are a lot of owners, there is still substantial business to be had, even though those segments are declining there,” in passenger cars, said Randy Parker, senior vice president, national sales, for Hyundai Motor America.

Best Lease Deals, for Sedans

2020 & 2021 Hyundai Sonata Hybrid 

Hyundai Sonata.  Bill Howard 

Average Price:

  • 2020: $31,598.33 Average suggested retail; $287.87 Average best monthly lease payment (captive) 
  • 2021: $31,958.33 Average suggested retail; $326.17 Average best monthly lease payment (captive) 

Why We Picked It: 

Market Scan lists the 2020 and 2021 Hyundai Sonata Hybrid separately, as its No. 1 and No. 3 best lease deals for the month, respectively. (Hyundai says the midsized sedan and its hybrid variant are mostly unchanged for the 2021 model year vs. 2020.) Market Scan also lists separately the conventionally powered 2021 Hyundai Sonata as its No. 10 best lease deal. Average suggested retail for that model is $29,985; Average best monthly lease payment is $337.63 (captive). Rather than rank three versions of the same model separately, Forbes Wheels groups them here. Click here to read our review of the Hyundai Sonata.

Pros:

  • Range anxiety? What range anxiety? Since it has its own gasoline engine, the Hyundai Sonata Hybrid gets up 686 miles of range from gasoline and battery power, for an EPA-estimated 52 mpg combined city-highway fuel economy.
  •  Handy features include Hyundai Digital Key, which works through an app on your smartphone. It allows secure sharing of virtual keys with family and friends, or valet drivers, and can be tailored for different drivers. For example, the phone can alert the owner if an inexperienced teenaged driver leaves a “geofenced” area where they have permission to operate.
  • Hyundai’s SmartSense advanced driver assistance systems include Forward Collision-Avoidance Assist, and Advanced Smart Cruise Control with Stop and Go. On the Sonata, this provides basic self-driving, although the driver has to keep hands lightly on the wheel.

Cons:

  • Some reviewers say the ride and handling experience are ho-hum, although they give high marks for the level or features for the money, a key part of the brand’s appeal. (The Sonata N-Line handling is better.)
  • Front-drive only, no all-wheel-drive option

2020 Infiniti Q50  

Infiniti Q50.  Infiniti 

Average Price: 

  • $46,365 Average suggested retail
  • $438.05 Average best monthly lease payment (captive) 

Why We Picked It: 

Market Scan lists the 2020 and 2021 Infiniti Q50 separately, as its No. 2 and No. 7 best lease deals for sedans. For the 2021 model, average suggested retail is $47,975; Average best monthly lease payment is $519.03 (captive). Rather than rank two versions of the same model separately, Forbes Wheels lists them together here. Click here to read our review of the Infiniti Q50.

Pros:

  • For 2020, Infiniti Q50 models feature a 3.0-liter V6 engine. The base version produces 300 hp; the optional upgrade produces 400 hp.  Both versions have twin turbos.
  • 2020 models also got a new-generation dual display, with an 8-inch upper and a 7-inch lower touchscreen.
  • Dramatic, sporty styling for the top-of-the-line performance version, the Q50 Red Sport 400 and -400AWD.

Cons:

  • The Q50 Red Sport gets pretty pricey, $56,250 for the AWD version, not counting destination, taxes or fees.
  • Some reviewers criticize the ride and handling for being too stiff.

2020 Jaguar XF 

Jaguar XF sedan hero
Jaguar XF.  Jaguar

Average Price:

  • $62,110 Average suggested retail
  • $655 Average best monthly lease payment (non-captive) 

Why We Picked It:

The 2020 Jaguar XF could use a marketing push, because Jaguar repositioned it for the 2021 model year, with a simpler lineup and a lower entry-level price, by $7,105, at $43,995 for the lowest-priced 2021 model. Even though most luxury car buyers don’t buy the entry-level model, the new entry-level price is aimed at attracting more consideration. For the 2020 model, a $655 monthly lease payment may not sound like a deal, but it’s not bad for a car that costs more than $62,000 with options, taxes and fees. According to Experian Automotive, in the first quarter of 2021, the average monthly lease payment for the whole industry was $469, and the 2020 Jaguar XF isn’t an average car. 

Pros:

  • Great curb appeal, exterior styling
  • Jaguar EliteCare warranty is 5 years, 60,000 miles, with scheduled maintenance included.
  • Exclusivity, if that’s your thing. Year to date through May, Jaguar sold just 522 Jaguar XFs in the U.S. market, vs. more than 11,000 each for the Mercedes-Benz E Class or the BMW 5-Series, according to Motor Intelligence.

Cons: 

  • The 2020 model misses out on a lot of improvements for 2021, like a new infotainment system and over-the-air software updates that don’t require a trip to the dealership.
  • Some reviewers considered the turbodiesel engine option in the 2020 Jaguar XF underpowered. Jaguar dropped the diesel for 2021.

2021 Audi A6 

2019 Audi A6 sedan
Audi A6.  Audi

Average Price:

  • $61,707.50 Average suggested retail
  • $651.98 Average best monthly lease payment (captive) 

Why We Picked It:

Despite an oversized grille with the four-ring Audi badge, the bigger Audi sedans, like the 2021 Audi A6, are known for a discreet appearance. They’re highly entertaining to drive, though. Captive finance company VW Credit (VW Group includes Audi) is also known for its lease deals. This month’s lease deal on the 2021 Audi A6 is comparable to the 2020 Jaguar XF in terms of average suggested retail vs. average best monthly lease payment, even though the Jaguar is one model year older. Click here to read our review of the Audi A6.

Pros:

  • Power. The A6 is powered by a 248-hp, 2.0-liter turbo four, or an optional, 335-hp, 3.0-liter turbo V-6. Either one can prompt a smile. A discreet smile.
  • Bargaining power. Analysts expect a facelifted A6 for the 2022 model year, so it’s time to make a deal on the 2021 model.
  • Audi Quattro all-wheel drive standard

Cons:

  • 2021 buyers miss out on new functions that come with the 2022 model, likely to include enhanced driver-assist features and some styling tweaks.
  • The styling is not for “extroverts,” says one reviewer.

2020 Ford Fusion Hybrid

Ford Fusion
Ford Fusion.  Ford 

Average Price:

  • $32,403.33 average suggested retail
  • $351.51 average best monthly lease payment (captive) 

Why We Picked It:

Get ’em while they last. Ford quit building the 2020 Ford Fusion and Ford Fusion Hybrid in the summer of 2020, but there are still some around. That tells you something about why Ford quit building them; they’re slow sellers, at least compared with trucks. Ford announced back in 2018 it would phase out all traditional sedans, leaving only the lame-duck Ford Fusion and the all-new, battery-powered Ford Mustang Mach-E as the only four-door passenger cars left in the lineup. Ford, General Motors and Stellantis have all switched out of cars and into a lineup of more-profitable SUVs, crossovers, pickups and minivans. Click here to read our review of the Ford Fusion Energi (Hybrid).

Pros:

  • It’s roomy, for people and stuff.
  • Not everybody wants an SUV, crossover, pickup or minivan. 
  • Fuel efficiency. EPA-estimated 43 mpg city, 41 mpg highway.

Cons: 

  • In a high seating-position, truck-driving world, passenger-car drivers in traffic have to put up with a lot of views obstructed by the truck in front of you.
  • The styling is attractive, but a little dated.

2021 Audi A8 

2021 Audi A8L
Audi A8.  Audi

Average Price:

  • $94,811.67 Average suggested retail
  • $1,046.28 Average best monthly lease payment (captive) 

Why We Picked It:

If big Audi sedans are relatively discreet but a lot of fun to drive (see the Best Lease Deals on the Audi A6 and slightly flashier Audi A7), the Audi A8 is the stealthiest and maybe the most surprisingly fun to drive. But it doesn’t come cheap. What Market Scan considers a Best Lease Deal is more than $1,000 per month, but that’s in proportion for a car nearing $100,000 suggested retail, with optional equipment, taxes and fees. Click here to read our overview of the Audi A8

Pros:

  • The 2021 Audi A8 lineup has with more standard equipment than the 2020 model, but starting suggested retail increased to $86,500, from $85,200 for the 2020. Those numbers don’t include $975 delivery, taxes, title, options, and dealer fees.
  •  Added features include 22-way ventilated front seats, who doesn’t want those? Plus, a top-view camera system that provides a Virtual 360 view of the car’s immediate surroundings, in tight quarters.
  • Engines. The base engine is a 335-hp 6-cylinder; the upgrade is a 453-hp V-8. There’s also a “mild” hybrid 6-cylinder paired with an electric motor that produces 443 hp.

Cons: 

  • There’s no denying, at close to $95,000, that’s pricey, even for an all-in price.
  • To repeat, Audi’s image is more of a stealth brand, if bling is your thing.

2021 Genesis G70  

2020-genesis-g70-sedan
Genesis G70.  Genesis

Average Price:

  • $42,425 Average suggested retail; 
  • $473.78 Average best monthly lease payment (captive)

Why We Picked It: 

Genesis is Hyundai’s luxury brand, as Lexus is to Toyota. The Genesis G70 gets a facelift for the 2022 model year. In fact, the 2022 model recently went on sale in the U.S. market already, so this is a good time to get a deal on the 2021. On its web site, Genesis is advertising a 36-month lease starting at $409 per month, with no money down. That offer includes destination, but excludes tax, license, title, registration, dealer  fees, and optional equipment. It also assumes a dealer contribution of $1,000; ends July 4, subject to change without notice.

Pros:

  • The (optional) twin-turbo, 3.3-liteer V-6 produces 365 hp. The standard 2.0-liter four-cylinder isn’t bad, at 252 hp.
  • Bang for the buck. Like the Hyundai brand only more so, Genesis offers a lot of features for the money, compared with European luxury brands. All models get advanced safety features like Forward Collision-Avoidance Assist, with Pedestrian Detection.
  • Warranty. Genesis Service Valet includes scheduled maintenance with free at-home pickup and delivery for 3 years, 60,000 miles.

Cons:

  • 2021 buyers miss out on the 2022 improvements, which include an all-new multimedia display, and new LED front and rear lights. 
  • This cuts both ways, it could be an attraction, too, but the Genesis brand lacks name recognition.

2021 Toyota Corolla 

Toyota Corolla.  Bill Howard

Average Price:

  • $24,629.09 Average suggested retail
  • $278.64 Average best monthly lease payment (captive)

Why We Picked It: 

Like some of its key import-brand competitors, Toyota swears it is sticking to passenger cars like the tried-and-true Toyota Corolla nameplate, now in its 12th product generation. That’s in contrast to domestic manufacturers Ford, GM and Stellantis, which have largely abandoned passenger cars in favor of SUVs and pickup trucks. The Corolla was all-new in 2019 for the 2020 model year, so the 2021 model is still fresh in terms of edgy styling, including a big, blacked-out lower grille.

Pros:

  • Affordable. There just aren’t many cars of any description on the U.S. market any more in the mid-$20,000 range suggested retail.
  • Warranty. ToyotaCare covers scheduled maintenance for 2 years, 25,000 miles.
  • Safety. Standard safety features include Pre-Collision System with Pedestrian Detection, Automatic High Beams, Lane Departure Alert with Steering Assist, and more.

Cons:

  • It’s pretty small, understandably, but the back seat in the sedan isn’t bad compared with many competitors, or even versus the new Toyota Corolla hatchback.
  • It’s a little harsh to call the Toyota Corolla an econobox. Econoboxes have come a long way, in terms of styling, safety, standard convenience features, quality, durability, and more. But OK, it’s kind of an econobox.

2021 Audi A7

audi a7
Audi A7.  Audi 

Average Price:

  • $76,455 Average suggested retail
  • $870.53 Average best monthly lease payment (captive)

Why We Picked It: 

The Audi A7 is a “five-door,” that is, a hatchback. A four-door with lines like a sexy, two-door coupe is a favorite product niche among the German luxury manufacturers.  hold near and dear. Obviously, there’s no such thing as a two-door four-door, but the image of a four-door sedan that looks like a racy two-door coupe is an irresistible one. 

Pros:

  • Engine. The standard engine is a 3.0-liter, turbocharged, 335-hp V-6. (There’s also a plug-in hybrid version with a 2.0-liter four-cylinder turbo, with an electric motor. Together they produce 362 hp.)
  •  Versatility. Despite the luxury sedan setup, with the rear seats folded down, you could easily lift the hatch and fit a bicycle in the back, with room left over for gear, and still close the hatch. But you might not want to put a muddy bicycle back there. 
  •  Audi Quattro all-wheel drive standard

Cons:

  • The sloping roofline means less headroom in the rear, especially for anyone seated on the hump in the middle seating position.
  • Pricey. 

2021 Volkswagen Arteon

2021 Volkswagen Arteon
Volkswagen Arteon. Volkswagen

Average Price:

  • $43,440 Average suggested retail
  • $499.29 Average best monthly lease payment (captive)

Why We Picked It: 

The 2021 Volkswagen Arteon got a facelift that included an upgraded interior with an all-new digital cockpit. The Arteon is a coupe-styled, four-door hatchback. It’s the VW brand’s “halo” passenger car, as opposed to an SUV, and a successor to the Volkswagen CC. The interior upgrade was meant to address criticism that the previous interior didn’t deliver on the promise of the stylish exterior. The 2021 also gets a redesigned, multifunction, touch-sensitive steering wheel.

Pros:

  • All versions of the 2021 Arteon get the latest VW MIB3 infotainment system.
  •  The new interior includes a new dash, with redesigned air outlets, center console, and door trim. Fabrics, including leather where available, and other materials are upgraded from the 2020 model.
  • Upscale versions also get features like wireless charging for smartphones.

Cons:

  • The base Arteon SE is front-drive only.
  • Some cool features like wireless phone charging are only on the upscale versions.
  • Pricey, for a VW

Methodology: Best Sedan Lease Deals

Market Scan Information Systems Inc., Camarillo, Calif., identifies Best Lease Deals based on constantly scanning actual offers in the market, and comparing the best average monthly lease payment it can find, vs. an average suggested retail price for that model. Market Scan’s monthly payment is all-inclusive, including options, taxes and dealer fees. Therefore, it may not be as low as special lease deals advertised on dealer and manufacturer web sites, which typically don’t include taxes or fees, and may be for a stripped-down model that lacks popular options. All of those factors would serve to raise the real-world monthly payment. Market Scan also assumes: a 36-month lease term; a customer cash contribution of 5% of suggested retail; and a prime-rated credit score of 720. Deals may vary by region, and subject to change without notice. Market Scan doesn’t disclose which lender is making the offer, but it does say whether it’s the lender’s “captive” finance company. A non-captive lender is a bank or finance company not controlled by the automaker. 


FAQ (frequently asked questions)

Why aren’t people buying or leasing sedans and hatchbacks any more? 

There are still plenty of people buying passenger cars, but the long-term trend is toward trucks, for sure. Year to date through May, trucks accounted for 76.5% of U.S. auto sales in 2021, up from 74.3% a year ago, according to Motor Intelligence. Consumers like the high seating position of a truck, and room for people and cargo. They also don’t seem to be troubled by gas prices. To be fair, today’s trucks are a lot more fuel efficient than previous product generations, just not as fuel efficient as smaller, lighter cars. Also: Americans have traditionally been cool to hatchbacks, even if hatchbacks can look a lot like SUVs or crossovers with steeply pitched rear window glass. 

What happens if gas prices go up?

In fact, gas prices are up, but it doesn’t seem to be slowing down the stampede to trucks. As of June 15, the national average for regular unleaded gas was $3.076, according to the AAA Fuel Gauge Report, up from $2.014 a year ago. The one dent in the long-term growth in truck sales was when gas prices suddenly spiked above $4 per gallon in July 2008 and spurred more interest in fuel efficiency. The effect was short-lived, but tougher Corporate Average Fuel Economy (CAFÉ) rules have forced automakers to produce more fuel-efficient trucks. 

If sedans are in low demand, why aren’t they getting much cheaper? 

At a high level, demand for cars is down, but production of cars is down, too. Even pre-Covid-19, the Detroit 3 automakers had already announced they were largely phasing out passenger cars. Last year, following Covid-related shutdowns, the Detroit 3 weren’t shy about saying that when it came time to ramp up production, they would do it starting with their most profitable products, big trucks. 

What else explains lower-cost lease deals?

Our tally of best sedan lease deals includes 2020 models that haven’t sold yet even with the 2021 model year three months from ending. Cars that are last year’s models lose a lot of curb appeal. That’s partly for practical reasons. Last year’s model is missing whatever changes the automaker made for the new model year. That may range from a little to a lot of changes, depending on the model. From the dealer’s point of view, they don’t want unsold cars to hang around because the more cars they sell, the more they can order from the factory. Meanwhile, 2020 models will lose even more appeal once 2022 models start showing up, and that won’t be long.

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