A Mustang for Under $400 a Month? Here Are the Best Car Lease Deals

Leasing a new vehicle can help drivers avoid high monthly financing payments and experience a new car without a long-term commitment. But a low advertised payment may come with a sizable amount due at signing.

Here are three car lease deals available in September 2026. Availability varies by location and credit score.

2026 Toyota Corolla: $189 a Month

Drivers can lease a 2026 Toyota Corolla for $189 a month for 36 months with $3,999 due at signing, according to U.S. News & World Report. That works out to $10,803 over three years.

The Corolla is an affordable daily driver known for reliability and efficiency. Its 2.0-liter four-cylinder engine produces 169 horsepower, and the sedan earns 32 miles per gallon in the city and 41 mpg on the highway.

That combination makes Toyota’s sedan a practical choice for budget-conscious drivers who want an easy-to-maintain commuter.

2026 Honda Civic Hatchback: $249 a Month

You can lease a 2026 Honda Civic Hatchback for $249 a month for 39 months with $3,999 due at signing. The total comes to $13,710 over three years and three months.

The Civic Hatchback offers a sportier daily-driving experience without a hefty monthly payment. Its 2.0-liter four-cylinder engine produces 150 horsepower, and it achieves 30 mpg in the city and 38 mpg on the highway.

For drivers who want a fun and efficient commuter, the Civic Hatchback is one option to consider.

2026 Ford Mustang: $399 a Month

Drivers can lease a 2026 Ford Mustang for $399 a month for 36 months with $1,398 due at signing. The total comes to $15,762 over three years.

Ford’s Mustang is an American muscle car designed for automotive enthusiasts and performance seekers. The 2026 model uses a 2.3-liter turbocharged four-cylinder engine that produces 315 horsepower and earns 22 mpg in the city and 33 mpg on the highway.

For someone who wants to drive a sports car for a few years before switching vehicles, this lease offers a relatively low monthly payment.

What to Know Before Leasing

New-car prices have risen in recent years, but some models still offer monthly payments of $400 or less through leasing. Compare the amount due at signing, the full lease cost, mileage limits, fees and insurance requirements before choosing an offer.

Lease offers may vary by location, credit score and availability.

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