Ford Fiesta ST Lease Guide - $252/Month, $0 Down - FUN (Expired)
Fiesta ST is the hottest hot hatch out there. You can lease one for $252.
$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.
Source: jalopnik.com (2014 Ford Fiesta ST: The Jalopnik Review)
Our Take:
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.
Conditional Incentives:
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.
Source: caranddriver.com (2014 Ford Fiesta ST vs. 2014 Fiat 500 Abarth, 2014 Mini Cooper S Hardtop)