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Best Lease Cars Detroit MI

Read on the following article to learn the cheapest cars to lease and where to find them. The best lease cars are those with low prices, high residuals, and best promotional incentives.

Hertz - Amtrak Detroit
(313) 259-1543
11 West Baltimore
Detroit, MI
Hours
Mo-Fr 0800-1800, Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for Amtrak arrivals only.

Enterprise Auto Rental
(313) 871-0470
600 Second Avenue
Detroit, MI
 
Hertz - Signature Flight Support
(734) 955-4641
11201 Connor Avenue
Detroit, MI
Hours
24 Hours, 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location services only customers who fly in to this location. All reservations require private flight arrival, even for customers arriving by private plane on a previous day. No other walkins allowed.

Hertz - Amtrak Dearborn
(313) 581-8325
16121 Michigan Avenue
Dearborn, MI
Hours
Mo-Fr 0800-1530,Sa 0800-1530,Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only

Enterprise Auto Rental
(313) 270-3100
7675 Grand River Ave
Detroit, MI
 
Hertz - Detroit Downtown HLE
(313) 259-1543
1949 East Jefferson Avenue
Detroit, MI
Hours
Mo-Fr 0800-1800, Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Replacement Rentals When your car is in the shop for repairs.Insurance/Body Shop and Dealership/Service Center replacement rentals available at this location.for replacement rental reservations., Gold Counter Service , Pickup/Return Service:Available with a one hour advance notice and within 15 minutes from the Hertz Local Edition location. Contact the location to arrange for Pick Up service.
Additional Information
Pick up time must be at least one hour after location opening and one hour prior to location closing.

Enterprise Auto Rental
(313) 393-2344
357 E Jefferson Ave
Detroit, MI
 
Hertz - East Dearborn HLE
(313) 581-8325
15320 Michigan Avenue
Dearborn, MI
Hours
Mo-Fr 0700-1800, Sa 0900-1200, Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Replacement Rentals When your car is in the shop for repairs.Insurance/Body Shop and Dealership/Service Center replacement rentals available at this location.for replacement rental reservations., Gold Counter Service , Pickup/Return Service:Available with a one hour advance notice and within 15 minutes from the Hertz Local Edition location. Contact the location to arrange for Pick Up service.
Additional Information
After Hours - After hour returns are allowed. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Enterprise Auto Rental
(313) 584-9500
950 Greenfield Rd
Dearborn, MI
 
Enterprise Auto Rental
(248) 548-2310
1951 Woodward Ave
Ferndale, MI
 

Best Lease Cars

As you probably already know, leasing provides much lower car payments than buying with a loan. However, unlike loan purchases, lease payments actually depend on the type of car and other factors. The cheapest lease may not be for the cheapest car. Let's explain.

What determines low lease payments?
First, let's look at how loan payments work. If we have two different cars (different makes and models) with the same price — say, a Ford and a Honda — and we have a loan for each, the monthly loan payments will be exactly the same, assuming same price, same loan terms, same buyer. The type or brand of car doesn't matter.

However, given the same two cars, same price, same buyer, lease payments will be different. Why is that, you might ask?

The reason is that one car's lease-end residual value will almost certainly be different that the other's. The car with the highest residual value will have the lowest monthly payment and be the cheapest to lease. In our example, Honda cars will generally have higher residuals than Fords, which makes Honda the cheapest to lease. See our for a table showing residual values for all car makes and models.

Sometimes car companies offer special promotional lease deals with artificially boosted residual values that make those vehicles great deals for the time of the promotion.

What is considered a cheap lease?
Based on emails we receive and other sources, it appears that most people consider a ver...

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