If you’re looking for a great deal on a new vehicle lease to start the new year, you’re in the right place. This month’s best deals include a handful below the $200/month mark, and the rest are below $249/month — including one of the best-selling midsize pickups ever.
More lease deals: SUV Lease Deals | Truck Lease Deals | Best Lease Deals | Under $300 Lease Deals
Here are 10 of the cheapest lease deals you’ll find in May 2025.
1. 2024 Dodge Hornet
Lease deal: $139/month for 24 months with $2,099 due at signing
Sticker price: $42,995
Expires: 6/2/2025
See 2024 Dodge Hornet models near you
Although it’s had some recall issues, the 2024 Dodge Hornet is an upmarket, sporty small crossover SUV that’s offering a good financing deal this month. The Hornet R/T eAWD plug-in hybrid (PHEV) packs 288 horsepower and 383 lb-ft of torque, and it can go 33 miles on electricity alone.
2. 2025 Hyundai Ioniq 6
Lease deal: $169/month for 24 months with $3,999 due at signing
Sticker price: $39,045
Expires: 6/2/2025
See 2025 Hyundai Ioniq 6 models near you
Stylish and sleek yet based on the same electric architecture that underpins the popular Ioniq 5 SUV, the 2025 Hyundai Ioniq 6 offers plenty of range, with the base SE Standard Range model on lease special this month good for 240 miles. Shopping tip: The 2025 Ioniq 6 SEL is also available to lease starting from $209/month and the same money down, with more range and more equipment.
3. 2025 Kia K4
Lease deal: $219/month for 24 months with $3,499 due at signing
Sticker price: $24,165
Expires: 6/2/2025
See 2025 Kia K4 models near you
The 2025 Kia K4 is a stylish and tech-forward sedan with lots of appeal for younger buyers. It’s also a very affordable vehicle, yet offers a great warranty. Lease tip: If you’d like a bit more equipment than the LXS offers, consider the K4 EX, available at $229/month with the same terms.
4. 2025 Kia Niro EV
Lease deal: $149/month for 24 months with $3,999 due at signing
Sticker price: $40,995
Expires: 6/2/2025
See 2025 Kia Niro models near you
Electric vehicles are finally becoming more affordable, and the 2025 Kia Niro EV is among the leading wave. It’s also a practical option, with 20 percent more cargo space than the previous-generation Niro. The Wind, on special this month, is the base model, but it’s well-equipped for the money.
5. 2025 Nissan Ariya
Lease deal: $129/month for 36 months with $4,409 due at signing
Sticker price: $41,160
Expires: 6/2/2025
See 2025 Nissan Ariya models near you
The 2025 Nissan Ariya is an unusual but refreshing choice in the EV SUV space. With unique style, 216 miles of range in the base Engage trim on special this month, and a strong standard feature set, including heated front and rear seats, a heated steering wheel, leatherette upholstery, and more, the Ariya Engage is now one of the least expensive ways to park a new EV in your driveway.
6. 2025 Nissan Kicks
Lease deal: $239/month for 39 months with $3,879 due at signing
Sticker price: $25,070
Expires: 6/2/2025
See 2025 Nissan Kicks models near you
Fun, youthful style, lots of standard driver-assist tech, and the practicality of available all-wheel drive (AWD) make the Kicks a flexible choice for a wide range of lifestyles and preferences. The midgrade Kicks SV with the lease deal this month includes wireless smartphone integration, a 12.3-inch touchscreen, and adaptive cruise control among other features.
7. 2025 Nissan Sentra
Lease deal: $249/month for 39 months with $2,589 due at signing
Sticker price: $23,430
Expires: 6/2/2025
See 2025 Nissan Sentra models near you
The 2025 Nissan Sentra is a compact, stylish sedan with good gas mileage, attractive pricing, and lots of value in the SV trim on special this month. Pro tip: The SV trim is our choice for best value in the Sentra range.
8. 2024 Subaru Solterra
Lease deal: $249/month for 36 months with $249 due at signing
Sticker price: $46,340
Expires: 6/2/2025
See 2024 Subaru Solterra models near you
The 2024 Subaru Solterra is closely related to Toyota’s bZ4X EV, but with Subaru’s unique take on style and features. Standard all-wheel drive, lots of standard tech, and a spacious cabin are some of our favorite Solterra features. The entry Premium model is the one on special this month. If you’d prefer the 2025 model, that’s available, too, for $299/month for 36 months with $299 due at signing.
9. 2025 Toyota Corolla
Lease deal: $249/month for 36 months with $2,999 due at signing
Sticker price: $23,460
Expires: 6/2/2025
See 2025 Toyota Corolla models near you
The 2025 Toyota Corolla is an efficient, stylish bargain that really shouldn’t be overlooked by those who log lots of miles, or just like an efficient sedan – most trims get 34-35 mpg combined, and 38-40 mpg on the highway. The LE trim is on special this month, and it includes Toyota Safety Sense 3.0 with standard adaptive cruise control, lane-keeping assist, road sign assist, and more.
10. 2024 Toyota Tacoma
Lease deal: $249/month for 36 months with $3,999 due at signing
Sticker price: $33,085
Expires: 6/2/2025
See 2024 Toyota Tacoma models for sale
The Toyota Tacoma is beloved by off-roaders for its ability and extensive aftermarket support. It’s loved by everyone else for its reliability and affordability. The 2024 Tacoma SR on special this month includes the XtraCab configuration with 2WD. Shopping tip: If you’re looking for even more off-road ability, the 2025 Tacoma SR5 is available to lease from $269 per month with identical terms.
Cheapest Lease Deals in May 2025
- 2024 Dodge Hornet
- 2025 Hyundai Ioniq 6
- 2025 Kia K4
- 2025 Kia Niro EV
- 2025 Nissan Ariya
- 2025 Nissan Kicks
- 2025 Nissan Sentra
- 2024 Subaru Solterra
- 2025 Toyota Corolla
- 2024 Toyota Tacoma
Note: Prices quoted are for the model and trim on special this month and include destination charges but do not include other mandatory fees like tax, title, or licensing, or any possible tariffs.
