Fiesta ST is the hottest hot hatch out there. You can lease one for $252.
|Ford Fiesta ST (2015) Sample Lease|
|Target Capitalized Cost||$19,745|
|36-Month Residual||$11,128 (51% of MSRP)**|
|Money Factor||.00042 (1.0% APR)|
|Estimate||$252 per month|
$0 down payment with only first month's payment and government fees due at signing. Does not include sales tax. Southern California market.
*Assumes a 95th percentile sales price of $20,600, less $1,500 Lease Cash plus $645 acquisition fee.
**Assumes 12,000 miles per year. Add 1% for 10,500 miles per year.
Leasehackr Score: 7.3 years
Leasing this car for one year amounts to paying 14% of its MSRP.
With a Leasehackr Score of 7.3 years, this isn't the greatest deal in the world. But we would still lean ever so slightly towards leasing. Cash incentives are greater on the lease ($1,500) than on a purchase ($1,000), and the money factor is low. We think it's worth paying $252/month for a worry-free autocross toy to thrash while still having a usable daily driver.
There's a $750 Lease Conquest Rebate, which will lower payments by $20 per month, if you're currently leasing a non-Ford vehicle. There's also a $500 rebate for recent college grads, military, and police, which cannot be combined with the Lease Conquest Rebate.
2015 or 2016? Go with the 2015, which has $1,500 in Lease Cash. Most dealers in Southern California still have 2015 models in stock.
Also consider: MINI Cooper S, FIAT 500 Abarth, Subaru WRX, Volkswagen GTI
We love the: Go-kart handling. Torquey engine. Fun.
But watch out for: Manual transmission only. Optional RECARO seats can be snug.