Top 5 Great Luxury Car Deals
For the first time this year, it appears that luxury dealers will lease more cars than they sell. Edmunds.com reports that leasing is on track to hit 51 percent of luxury transactions.
Number has risen from a low of 27 percent in 2003, according to Jessica Caldwell, executive director of industry analysis for Edmunds. For the entire industry, including luxury and mainstream brands, leasing will account for just over 30 percent this year, also an all-time high, according to Edmunds.
If leasing a luxury car revs your engine, here are five of the best December deals as picked from data compiled. The deals that make the list have relatively low monthly payments compared with their competitors.
2017 Acura ILX
With a list price that begins at $27,900, this lease offers monthly payments of $219 for 39 months with $2,499 down at signing. The ILX delivers some of the best fuel economy in the class, with EPA ratings of 25 MPG in city driving, 35 on the highway.
2017 Audi A3
A3 is leasing for $299 a month for three years with $3,794 down. The 2017 model has had a minor redesign with a new look for headlights and a wider grille. It comes equipped with Audi's Quattro all-wheel drive. The four-cylinder turbocharged engine is rated for 26 MPG in city driving and 35 on the highway. The A3 sports the latest safety gear, including a sensor that warns of cross traffic to the car's rear as you back up.
2017 Infiniti QX30
It's leasing for $299 a month for 39 months with $2,799 down. This subcompact SUV can seat five but works better with four. The QX30 earns praise for its luxurious interior and comfortable ride. Its 2-liter turbocharged engine, which delivers ample power, is rated for 24 MPG in city driving, 33 on the highway.
2017 Lexus IS
The 2017 IS, which has had a styling update with a sportier front end, is leasing for $349 a month for three years with $2,499 down. The IS 200t version is powered by a turbocharged four-cylinder engine rated for 22 MPG in city driving, 32 on the highway.
2016 BMW 7Series
It calls for $979 a month for 36 months with $5,500 down. That's a $1,343 lower down payment and a $70 lower monthly payment than the 7 Series' chief rival, the 2016 Mercedes-Benz S- Class.Reviewers praise this big BMW sedan for a mix of comfort, performance and the latest technology. The 750i version offered in the lease deal is powered by a turbocharged eight-cylinder engine rated for 17 MPG in city driving and 25 on the road.