A different compact car now holds the mantle as providing the lowest monthly payment available through Wantalease.com.
Site officials recently shared their February data and found that the Nissan Sentra now is priced lower than the Honda Civic; the vehicle previously holding the lowest price for the past six months. Consumers using Wanatalease.com now can secure a Sentra for $109 per month.
The monthly payment for a Civic held steady at $149 for a span, but then the unit jumped in price by 9.17 percent in January to land at $169.
While most vehicle lease prices have remained steady into February, Wantalease.com pointed out that dealers have offered discounts on luxury cars and SUVs to continue spurring interest in lease deals.
Two luxury cars and one luxury SUV have seen discounts lowering their monthly payments by $30 this February. The Audi A6 and BMW 530i both reflected the decrease in payment, as well as the Infiniti XQ80 SUV.
“We’re seeing an increase in discounts and aggressive pricing beginning to permeate across cars and trucks for lease deals,” said Scot Hall, executive vice president of Wantalease.com.
“With a slight pullback in new-vehicle sales, consumers will be increasingly on the hunt for aggressive deals on everything from small cars to large, luxury trucks and SUVs,” Hall added.
Site officials went on to mention the vehicle that saw the largest price drop in February was the Nissan Frontier with a 16.80-percent decrease. The truck now is offered at $209 per month, down from $269 in January.
The vehicles with the largest increased monthly payment included the Nissan Pathfinder (up 19.61 percent) and the Ford Expedition (up 11.82 percent). The Pathfinder is currently offered at $279 per month, while the Expedition is offered for $555.