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Best Lease Cars Memphis TN

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.

Enterprise Rent-A-Car
(901) 323-2977
2948 Poplar Ave
Memphis, TN

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Enterprise Rent-A-Car
(901) 396-3736
2909 Airways Blvd
Memphis, TN

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Dollar Rent A Car
(901) 346-3161
2780 Airways Blvd
Memphis, TN

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Hertz - Wilson Air Center
(901) 345-2992
2930 Winchester Road
Memphis, TN
Hours
24 hours, 7 days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
This location is for Private Flights only. No walkins allowed.

Enterprise Auto Rental
(901) 382-1242
771 Stage Rd
Bartlett, TN
 
Enterprise Auto Rental
(901) 323-2977
948 Poplar Ave
Memphis, TN
 
Enterprise Auto Rental
(901) 396-3736
909 Airways Blvd
Memphis, TN
 
Enterprise Auto Rental
(901) 761-6979
759 Poplar Ave
Memphis, TN
 
Hertz - Memphis International Airport
(901) 345-5680
2560 Rental Road
Memphis, TN
Hours
0600-2400 7 Days
Special Services
Child Seats, Gold Canopy , Hand Controls for Disabled Drivers Only In-Car Navigation System , Covered Return Center
Additional Information
After Hours - After hour returns are allowed. Park the vehicle at the exit gate. Give the keys and rental agreement to the security guard on duty. Railroad - Approximately 11 miles from the railroad station.

Enterprise Auto Rental
(901) 525-8588
26 Union Avenue
Memphis, TN
 
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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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