If Your College Kid Needs A Car, Consider These Lease Options

    janice rangel Posted by janice rangel, advisor, ALLTRENDINGTRADES.

    janice is a senior contributor to the AUTOLOANSFOREVERYDRIVER and senior FINANCE columnist for the ALLTRENDINGTRADES Observer. 

    Say hello to janice here.



    If Your College Kid Needs A Car, Consider These Lease Options

    Students and college goers leading a hectic campus life need a car. Consider leasing instead of buying a used old decrepit four-wheeler – you won’t regret it. A few choice vehicles listed here give an opportunity to lease excellent deals. It’s natural that parents and college goers satisfy requirements to finally agree on one specific vehicle.

    These choices are Edmunds choices based on three main points.

    Excellent reviews:

    According to new Kelley Blue Book data, Americans are likely to choose new trucks over new sedans. This is a list of vehicles considered the best in their segment.

    Top safety rating:

    Each vehicle on this list is an Insurance Institute for Highway Safety (IIHS) Top Safety Pick+. It means,

    • good ratings in five crashworthiness tests
    • advanced or superior rating for front crash prevention
    • acceptable or good headlight rating

    Every car listed here earns overall five-star rating in 5-Star Safety Ratings system from the National Highway Traffic Safety Administration.

    Midsize sedans and small SUVs make up this list as opposed to subcompact and compact cars preferred for teenagers and college goers. Our guiding principle is Safety. Sizes matter. New smaller cars may be safer than ever before, but larger, heavier make for safer driving in terms of physical dimensions. Frontal crash benefits of larger vehicles having more weight, longer hoods, and bigger crush zones is apparent. Another criterion is price differential skipping expensive larger sedans, SUVs and luxury models.

    Affordable leases and low cost of ownership:

    Our leasing list highlights lower monthly car payments over that of a financed car. Leased cars are still under manufacturers’ warranty with no worries on maintenance and repair. On the other hand, an older out-of-warranty used car for son or daughter might have a lower price but far less reliable on safe driving and repair costs.

    Leases are available nationwide for $1,999 to start with due-at-signing costs and $199 or $189 monthly car payments. Standard three year and 36,000 miles conditions apply. Negotiations are possible.

    However, leasing may not succeed for everyone. Leasing means extra care and being responsible to car owners. Treat the car badly and you pay for it. Steep costs of extra miles are a put off. Be frank and honest with upfront agreements.

    1. Sedans

    a. 2017 Honda Accord

    Review highlights:

    Head turner, impossible to ignore across-the-board excellence. An all-rounder to satisfy cravings for interiors, ample space, fuel savings as well as value for money. A most satisfyingly fulfilling drive is the Accord.

    $1,999 due at signing; $189 per month

    b. 2017 Kia Optima

    Review highlights:

    Just the right choice. Good looks, safety features and competitive lease specials. Stands out ahead of the competition when it comes to deriving the maximum for every dollar spent. Easy-to-use infotainment system. Standard accessories include Bluetooth, a backup camera, selectable driving modes and a tilt-and-telescoping steering wheel.

    $1,999 due at signing; $189 per month.

    c. 2017 Mazda 6

    Review highlights:

    Mazda 6 provides optimum combination of looks, features and safety for college goers. It helps save on budgets through great fuel economy. The car handles smoothly with a most responsive engine and transmission.

    $1,999 due at signing; $199 per month.

    d. 2017 Toyota Camry

    Review highlights:

    Usually considered a family sedan, the Toyota Camry can be perfect for college goers too. Low costs, easy to use features and comparatively more safety features make it ideal choice for many students. Rather than flashy or sporty, it is an honest and worthy choice. Great reputation of durability and reliability. Most comfortable.

    $1,999 due at signing; $199 per month.

    2. Small SUVs

    a. 2017 Mazda CX-3

    Review highlights:

    On the smaller side, 2017 Mazda CX-3 proves to be a good student-driver choice. Made for smaller persons prioritizing on mileage. Less interior space translates into easier parking. Great safety ratings make it ideal fun to drive, park and feed – 31 mpg in combined city/highway driving in most trim levels.

    $1,999 to start; $189 per month.

    This photo provided by Toyota shows the Toyota RAV4,

    This photo provided by Toyota shows the Toyota RAV4, which has impressive standard safety features, a compliant ride and a solid record of reliability. It is a great combination for a college student. (Photo: David Dewhurst, AP)

    b. 2017 Toyota RAV4

    Review highlights:

    Toyota RAV4 is impressive. Just what college goers need: standard safety features, a compliant ride and a solid record of reliability. This car combines a host of driver assistance features as standard equipment as its main attraction. Forward collision mitigation system, lane departure warning, automatic high beams and adaptive cruise give students extensive control and confidence.

    $1,999 due at signing; $199 per month.

    EDMUNDS SAYS:

    A son or daughter entering college is a big challenge. Ensure the young one drives a safe, budget-friendly and utterly reliable no money down car to ease your mind a bit.

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