The $399 or Less Luxury Car Lease Deals for October 2014

Even when we're reluctant to admit it, we all aspire to a bit of luxury in our lives. And at $399 or less, the factory-backed lease deals on luxury vehicles seem almost too good to be true. Almost. But true.

Here are the lease deals on luxury vehicles currently listed by luxury manufacturers that run $399 per month or less. The list ranges from Acura to Mercedes-Benz to Volvo, but let's be realistic. You didn't think Rolls-Royce was running a lease special, did you? And, sorry, that Ferrari you've always dreamt of will be considerably more expensive than this.

All these deals were featured as of October 7, 2014, but not all of them are available in all regions of the United States. For comparison's sake, we've calculated the total cost of each lease to completion and further calculated what each costs per mile, assuming full utilization of the mileage allowance. For more detailed pricing, check out our Price Promise tool.

Not all leases are built exactly the same. Some leases ask for more money up front but have lower monthly payments. Some are the opposite; they entice you with a very low drive-off amount but slightly higher monthly payments. Try to find a lease that strikes a balance of the miles you drive, a low monthly payment and low drive-off fees. Always add up the entire cost of a lease and compare those numbers before deciding. If all this needs clarification or you need to bounce ideas off someone who knows what's going on, don't hesitate to reach out to the Edmunds.com Live Help team for free assistance.

Keep in mind that in order to bring the price of these deals down, luxury vehicle leases tend to have low mileage allowances and additional miles are relatively expensive compared to mainstream vehicles. This month, for instance, all the leases are restricted to between 10,000 and 10,500 miles per year. If you drive more than that, be prepared to negotiate terms that realistically reflect how you will use the vehicle. The last thing you want to do is find out at the end of your lease that you owe thousands in additional mileage charges.

The best deals are available only to customers with superb and glistening credit ratings. If your credit rating doesn't elicit gasps of admiration when the sales manager looks at it, expect to pay more for your lease. And all lessees should remember that these monthly payments do not include sales tax and other fees.

There are subtleties to any and every lease. And tailoring a lease before signing it is the single best way to ensure you'll be happy as long as you're in it — and on your way out of it. But these heavily advertised leases with their discounted factory financing and aggressive pricing are good starting points. So start.

2015 Acura ILX — $209 per month/36 months
Acura's smallest sedan is the second-lowest priced lease deal this month. The $2,399 due at signing is modest and so is the 15 cents per mile charged for additional miles beyond the 30,000 included in the lease. Offer ends November 3.

2015 Acura RDX — $379 per month/36 months
Acura's versatile and comfortable compact SUV can be had at this keen lease price after only $1,999 at signing. Mileage is limited to just 10,000 a year and additional miles are 30 cents each. Offer ends November 3.

2015 Acura TLX — $349 per month/36 months
Still fresh to the market, the TLX sedan is currently offered at this attractive monthly rate after $2,499 at signing. The mileage allowance is, however, only 10,000 miles per year. Offer ends November 3.

2015 BMW 228i Coupe — $339 or $359 per month/36 months
BMW's new small coupe is available at this price with some differences in equipment. Want the xDrive all-wheel drive system? That's $359 per month after $3,834 at signing. The two-wheel-drive version with the Sport Line trim is available for $339 per month after $3,814 at signing. Offers end October 31.

2015 BMW 320i Sedan — $339 or $359 per month/36 months
The perpetually popular 3 Series is available at $339 per month in 320i form with two-wheel drive or $359 with all-wheel drive. It's $3,834 at signing for the xDrive model and $3,814 for the two-wheel drive. Offers end October 31.

2014 BMW i3 — $369 per month/36 months
Built around a carbon-fiber chassis and featuring an all-electric drivetrain, in many ways this is BMW's most advanced car. It takes $4,044 at signing and includes 10,000 miles per year of use. Offer ends October 31.

2015 BMW X1 — $339 or $359 per month/36 months
BMW's smallest crossover SUV is available in either sDrive (rear-wheel drive) or xDrive (all-wheel drive) at $339 and $359 per month, respectively. It takes $3,814 at signing for sDrive and $3,834 for xDrive. Both leases run 10,000 miles of use per year. Offers end October 31.

2015 BMW Z4 — $389 per month/36 months
BMW's sleek and swift roadster comes in at this price point powered by a turbocharged four-cylinder engine. It takes $4,114 at signing to take delivery, but it's the only two-seater on this list. Offer ends October 31.

2014 Buick Enclave — $307 per month/39 months
This big, brawny and comfortable crossover is available at this low monthly payment after $1,807 at signing if you're not a current lessee of a non-GM vehicle. If you're coming out of a competitive lease, however, the signing cost drops to a mere $307. The lease is limited to only 10,000 miles a year and additional miles run 25 cents each. Offer ends November 3.

2014 Buick Encore — $199 per month/39 months
Buick's small crossover SUV packs a lot of style in a short package. This lease has a somewhat awkward 39-month term and only allows a bit more than 800 miles a month of driving (32,500 miles total). The $4,159 or $2,659 (for current non-GM lessees) due at signing is for the two-wheel-drive, base Encore but seems to differ according to state and location. So some residency restrictions apply. Offer ends November 3.

2014 Buick Lacrosse — $299 per month/39 months
It's Buick's biggest sedan and it can be yours after paying $2,809 at signing and agreeing to 39 months of payments at $299 each. But if you're coming out of a competitive lease, the buy-in drops to $1,309. Offer ends November 3.

2014 Buick Regal — $259 per month/39 months
The Regal is a comfortable and spacious midsize sedan. It's available for just $259 per month for 39 months. That's after $2,919 at signing or $1,419 if you're coming out of a competitive lease. Offer ends November 3.

2014 Cadillac ATS Sedan — $299 per month/36 months
Cadillac aims for the BMW 3 Series with this compact sedan and hits the target. Beside the reasonable $299 per month, this lease only requires $1,199 at signing. This deal is for the 2014 model. Offer ends October 31.

2014 Cadillac CTS Coupe — $299 per month/36 months
Californians can get this radically styled wedge coupe at a low monthly payment after $3,029 due at signing. While the rest of the country may not get this particular deal, a national offer keeps the $299 monthly chit but needs $3,779 at signing. Offers end October 31.

2014 Cadillac SRX — $329 per month/36 months
Live in California? Then this popular crossover is yours after a $2,989 payment at signing. Live in the rest of America? Then fork over $3,489. Both leases are for the 2014 model year vehicle, run three years and cover only 30,000 miles. Offers end October 31.

2015 Cadillac SRX — $359 per month/36 months
While it's virtually identical to the 2014 model, the 2015 SRX is offered with a lease that's $30 more expensive per month that the 2014 and needs $3,729 at signing to inaugurate. Offer ends October 31.

2014 Infiniti Q50 3.7 Sedan — $339 per month/39 months
Infiniti's svelte and slick Q50 is available for this price after $2,599 at signing for the rear-drive version and $2,799 for the all-wheel-drive model. Offers end October 31.

2014 Infiniti Q50 Hybrid — $379 per month/39 months
The hybrid version of this compact luxury machine is available with rear-wheel or all-wheel drive at the same price after a $3,399 initial payment. Offer ends October 31.

2014 Infiniti Q60 Coupe — $299 per month/39 months
Still a sleek-looking coupe, the Q60 can be had at this price after a $3,999 initial payment for the rear-wheel-drive version. The all-wheel-drive machine requires $4,399 at signing. Offer ends October 31.

2014 Infiniti QX50 — $399 per month/39 months
This brawny crossover is available after a $4,199 initial payment for two-wheel drive or $4,499 with all-wheel drive. Both leases run 39 months and if you want to buy the vehicle at the end, you'll need to pay a $300 purchase option fee. Offers end October 31.

2015 Lexus CT Hybrid — $299 to $329 per month/27 months
Lexus offers various incentivized leases on its CT 200h hybrid depending on region. Three we found range in price from $299 to $329 per month with initial payments ranging between $1,099 and $1,999. All ran for a weird 27-month term. Enter your ZIP code into Lexus' site to find out what's applicable in your area. Offers end November 3.

2014 Lexus ES 350 — $349 per month/24 or 27 months
Lexus offers different deals on the popular ES 350 in the different regions around the country. In Illinois, for instance, a 2014 ES 350 can be leased for 27 months at just $349 per month after only $1,599 at signing. Meanwhile other parts of the country are putting down $2,499 or $1,999 for the same car and getting to drive it for only 24 months. Offers end November 3.

2014 Lexus ES 300h — $379 and $399 per month/27 months
The gas-electric hybrid version of the popular ES sedan is available in various regional offers at $379 or $399 per month. In other regions the lease deal is written so the monthly cost exceeds $400. But it's only in Illinois where the ES 300h is offered for $379 per month after only $2,099 at signing. Offers end November 3.

2015 Lexus IS 250 — $349 per month/27 months
The sporty IS 250 sedan is offered at this price in various regional offers. The conventional rear-drive model will need $2,499 at lease inception in most areas, but in Illinois it's $500 less. The AWD version comes in at the same monthly payment, but needs $3,499 to start except, again, in Illinois where it's only $2,499. Offers end November 3.

2015 Lexus RX 350 — $399 per month/24 or 27 months
Ceaselessly popular, the RX 350 crossover is available to lease with various regional offers at $399 per month. In some of California, it takes $3,999 at signing to get a 24-month lease. Meanwhile in Illinois the same vehicle is available after a $2,199 initial payment and the lease runs 27 months. Go figure. Offers end November 3.

2015 Lincoln MKC — $358 to $379 per month/36 months
It's Lincoln's newest and smallest crossover available in different regional lease deals. Watch for some variations in equipment — the "100A" package is distinct from the "101A" — to insure you're getting exactly what you want. Most deals depend on the consumer being a current Ford owner or lessee, or coming out of a competitive lease. Offers end January 15.

2014 Lincoln MKS — $365 to $379 per month/36 months
Lincoln's cushy MKS is available through several regional deals that all have the monthly payments clustered near $370. Cash due at signing is usually somewhere around $3,200. Offers end January 15.

2014 Lincoln MKX — $352 to $379 per month/36 months
This comfortable and very useful crossover is available in several regional offers as Lincoln apparently winds down the inventory in anticipation of a new MKX. With cash due at signing under $3,300 and 10,500 miles annual allowance, it's a good deal. Offers end January 15.

2014 Mercedes-Benz B-Class Electric Drive — $379 per month/36 months
This is a Mercedes hatchback stuffed full of Tesla electric drivetrain components. The $4,173 due at signing is stiff and at lease end there's another $595 turn-in charge. But it's a true electric that works very well. Offer ends October 31.

2015 Mercedes-Benz C250 Coupe — $379 per month/36 months
It's a compact, sweet driving and stylish coupe. The initial payment is a stout $4,124 and there's another $595 due at the end of the lease as a turn-in fee. Offer ends October 31.

2014 Mercedes-Benz CLA250 Coupe — $329 and $349 per month/36 months
Mercedes calls it a coupe, but it has four doors and is the least expensive vehicle the carmaker sells in the United States. For $329 per month after $3,623 at signing you get a CLA250 with front-drive. Step up to $349 per month and a $3,743 initial payment and the car is equipped with the 4Matic all-wheel-drive system. Both leases require a $595 turn-in payment at lease end. Offer ends October 31.

2015 Mercedes-Benz GLA250 — $369 per month/36 months
This is Mercedes' latest crossover SUV. It's based on the same components as the CLA sedan. This featured lease requires $3,899 at signing and another $595 turn-in fee at lease end. Offer ends October 31.

2015.5 Volvo S60 — $335 to $359 per month/36 months
Various versions of Volvo's S60 sedan — T5, T6, Drive-E, AWD — are offered in lease deals targeted to various regions. Watch the fine print to ensure the deal is for precisely the version you want. Offers end October 31.

2015.5 Volvo V60 — $349 to $365 per month/36 months
It's the Volvo wagon which, as is obvious, is the most Volvo-y of all Volvos. Go for the $349 per month lease and it's the T5 with front-drive. At $365 it's the T5 AWD Premier. The buy-in isn't cheap, however, with the $349 deal needing $3,849 at signing and the $365 deal needing $3,865. Offers end October 31.

2015.5 Volvo XC70 — $385 per month/39 months
It's Volvo's rowdy and outdoorsy wagon at a keen price after $3,885 due at signing. Alas that doesn't include all-wheel drive. It's $419 a month and $3,919 at signing to get four driven wheels. Offer ends October 31.

Click image to enlarge and see more information.

See Also The $199 Lease Deals for October 2014.