Short answer: new car leases in New York start at $255/month with Zero Down at VIP Auto Lease, and between $300 and $399 a month VIP currently lists 49 new cars, SUVs, hybrids and EVs, starting at $309/month for the 2026 Kia K4 EX and the 2026 Hyundai Kona Limited. Every one is delivered to your door, with the paperwork done online. For the cheapest cars of all, see our car leases under $300 a month.

Prices are before sales tax. In New York City a $399 payment becomes about $434 once the tax is rolled in, so the tax math matters more on this list than on any other.

What cars can you lease for under $400 a month in New York?

12 sedans and hatchbacks, 26 SUVs and crossovers, 9 hybrids and electric cars, a minivan and a pickup truck. Here they are by type, cheapest first. Where a 2027 version of a model is available, only the 2027 is listed.

Which sedans can you lease for under $400 a month?

Which SUVs can you lease for under $400 a month?

Which hybrids and electric cars lease for under $400 a month?

Is there a minivan or a pickup truck under $400 a month?

Yes, one of each: the 2026 Chrysler Pacifica Limited V6 Leather at $349/month and the 2026 Nissan Frontier at $394/month. For more pickups, see our pickup truck lease deals in NYC.

Prices are VIP Auto Lease’s listed monthly payments on 8 November 2026, before tax, and change with each month’s manufacturer incentives.

What is the cheapest SUV you can lease for under $400?

The 2026 Hyundai Kona Limited at $309/month with Zero Down. The cheapest 2027 SUV on the list is the 2027 Nissan Rogue SV at $329/month, and the only three-row SUV is the 2026 Nissan Pathfinder SV at $398/month. Compare every size and budget on our SUV lease deals page.

Can you lease an all-wheel-drive car for under $400 a month?

Yes. These have all-wheel or four-wheel drive and stay under $400 before tax:

• 2026 Hyundai Tucson SEL AWD: $325/month
• 2026 Hyundai Kona SE AWD 4dr SUV: $326/month
• 2026 Mazda CX-30 2.5 S Preferred AWD: $335/month
• 2026 Nissan Kicks SR AWD: $339/month
• 2026 Kia K5 GT-Line AWD: $348/month
• 2026 Honda CR-V AWD: $355/month
• 2027 Kia Sportage Hybrid S AWD: $355/month
• 2027 Nissan Rogue Dark Armor AWD: $365/month
• 2027 Honda HR-V LX AWD: $368/month
• 2026 Volkswagen Tiguan AWD S 4Motion 4dr SUV: $369/month
• 2027 Honda HR-V Sport AWD: $389/month
• 2027 Kia Sportage Hybrid EX AWD: $397/month
• 2026 Jeep Wrangler Sport: $399/month

If you park on the street through the winter, our guide to whether you need all-wheel drive in NYC will help you decide, and our AWD lease deals page lists every AWD offer.

How much is a $399 lease once New York tax is added?

About $434 a month in New York City. New York taxes a lease up front on the total of the payments, at 8.875 percent in the five boroughs, and on a Zero Down lease that tax is usually rolled into the monthly payment. A $350 payment becomes about $381, and a $309 payment becomes about $336.

What does a $399 lease cost in total over 36 months?

About $15,639 in New York City: 36 payments of $399 ($14,364) plus $1,275 in sales tax. At the bottom of this list, a $309 lease comes to about $12,111 ($11,124 plus $987 in tax). The bank fee and DMV fees are paid at signing on top, and the first month’s payment is one of the 36.

What is the highest payment that stays under $400 a month with NYC tax?

$367/month before tax, which comes to $399.57 with the 8.875 percent New York City sales tax. That is 29 of the 49 cars on this page, from $309/month up to the 2026 Mazda CX-50 2.5 S Select at $367/month. If your $400 budget is before tax, every car on the list fits.

Are there car leases under $200 a month with no money down in NY?

No. The lowest new-car lease VIP lists is $255/month with Zero Down, for the 2026 Hyundai Elantra SE, which is about $278 with New York City tax. Advertised payments under $200 almost always need thousands of dollars due at signing, a 7,500-mile allowance or a car that is not new. If you need a lower payment than any new-car lease, taking over the rest of someone else’s lease can be cheaper, and our lease swap and transfer service matches both sides. Under $300 there are a dozen new-car choices, from the Elantra to the Kia Sportage; see our car leases under $300 a month.

How do you keep a lease payment under $400?

• Choose your miles honestly. A lower annual allowance lowers the payment, but extra miles are charged when you hand the car back.
• Pick the trim that does the job. The Hyundai Tucson SEL AWD is $325/month and the SEL Premium $345/month; the extra $20 buys features, not a different car.
• Look at hybrids and EVs. Several cost about the same per month as the gas version and save money at the pump.
• Compare quotes the same way. Same term, same miles, same money at signing. Our guide to comparing car lease offers in New York shows how.

What else do people ask about leases under $400?

Are these leases really Zero Down?
Yes. Zero Down means no down payment. The first month, the bank fee and the DMV fees are still paid at signing, and our zero down lease deals page lists exactly what is collected.

What is the cheapest 2027 car you can lease for under $400?
The 2027 Nissan Sentra SV at $313/month with Zero Down, before tax.

Can you lease an electric car for under $400 a month?
Yes. The 2026 Hyundai Ioniq 5 SE is $339/month, the 2026 Nissan Leaf $344/month, the 2026 Kia Niro Wind $349/month and the 2026 Nissan Ariya Engage $364/month. See every EV on our electric car lease deals page.

Can you lease a seven-seat vehicle for under $400?
Yes: the 2026 Nissan Pathfinder SV, a three-row SUV, at $398/month, and the 2026 Chrysler Pacifica Limited minivan at $349/month.

How fast can VIP deliver a car?
Usually within 24 to 48 hours once the car is ready. You e-sign the paperwork online and the car is delivered to your door.

Want one of these cars? A VIP leasing specialist will quote it on your term and mileage, handle the paperwork online and deliver it to your door. Have a quote from somewhere else? We will match it or beat it under our price match guarantee.

VIP Auto Lease NYC Best 0 Down Leasing Deals
1204 Hylan Blvd, Staten Island, NY 10305
+1 718-710-4211