5 of the Best Car Lease Deals in October 2022
These lease deals prove new car prices aren’t always spooky.
Editorundefineds Note: For consistency, Capital One sought out currently advertised offers using a Southern California ZIP code. Southern California is the country's largest new-car market and it is not served by independent distributors that may set their own prices, lease programs, and financing deals.
Fall is a great time to shop for a new car because dealers are motivated to clear out inventory from the previous model year, though some also offer attractive deals on incoming vehicles. The best lease deals for this October include value-packed compact models like the Subaru Impreza and the Toyota Corolla, the spacious and crossover-like Kia Soul, the Kia Forte and the road trip-friendly Nissan Altima.
2023 Kia Forte LXS: $219 per month for 24 months with $3,017 down
The Kia Forte offers a surprisingly big trunk given its city-friendly dimensions and it returns up to 39 mpg on the highway. It’s also one of the most affordable new cars currently on the market, and you can lease one for $219 per month through October 31. That figure corresponds to the LXS trim positioned above the base LX and equipped with a 2.0L four-cylinder engine and 16-inch alloy wheels, among other features. Alternatively, motorists can sign a 36-month lease for $229 per month with $2,799 down.
2023 Kia Soul LX: $239 per month for 36 months with $2,799 down
The Kia Soul straddles the line separating hatchbacks and crossovers. Regardless of where you pin it, it’s an excellent value that benefits from a spacious interior, user-friendly tech features, and standard suite of electronic driving aids such as lane-keeping assist. You can lease a 2023 Soul LX for $239 per month through October 31. That’s the entry-level trim, but it comes with 16-inch alloy wheels, a digital instrument cluster, and an 8-inch touchscreen compatible with Android Auto and Apple CarPlay.
2022 Nissan Altima SV: $219 per month for 18 months with $2,869 down
Roomy and comfortable, the Nissan Altima is a competent mid-size sedan that delivers good gas mileage. Now through October 31, you can lease a front-wheel drive Altima SV for $219 a month after making a $2,869 down payment. Nissan positions the SV trim a step above the base model, and the list of standard features includes LED headlights, rear-parking sensors, and an 8-inch touchscreen.
2022 Subaru Impreza: $225 per month for 36 months with $2,625 down
While it’s not as rugged as the Crosstrek, the Subaru Impreza offers motorists the peace of mind that comes with full-time all-wheel drive at an affordable price point. Qualified lessees can lease a base 2022 Impreza sedan for $225 per month through October 31. Subaru also announced a lease deal valid through October 31 on the 2023 model, but pricing increases to $245 per month with $2,645 down. There are no major differences between the two models, so the 2022 Impreza is the better deal.
2022 Toyota Corolla LE: $269 per month for 36 months with $2,999 down
Toyota’s perennially popular Corolla stands out as a great value: It’s safe, reasonably well-equipped, and relatively affordable. Dealers are beginning to clear 2022 models from their inventories, so you can lease a non-hybrid LE model (that’s a level above the base trim) for under $300 per month through October 31. It comes with an 8-inch touchscreen and the Toyota Safety Sense 2.0 suite of driving aids.