Updated November 2026 · Los Angeles
Cars you can lease for under $200 a month
No cars fit this budget right now. Try a higher budget below. Priced with $5,000 due at signing for every car, so payments compare like for like.
Nothing fits $200/mo with $5,000 due at signing.
These do, right now:
8 more if you stretch to $250/mo

2026 Toyota
Corolla
LE
$227/mo with tax
$5,000 due at signing · 36 mo · 10k mi/yr
True cost$359/mo
MSRP$25,243
ValueGood 85
Every $1,000 more at signing takes $34 off the payment
Top 25% of sedan leases+5 more years & trimsCA only
Advertised: $239/mo, $2,999 due, before tax
See it on Toyota ↗More ways to browse
How we price these: every lease is calculated from the vehicle's selling price, the lender's residual value and money factor, and current incentives, with 10.25% estimated sales tax for Los Angeles. See the full method.