Here Are the Best Pickup Truck Leases Right Now
We’ve sorted through every new truck lease deal offered this month to highlight the best promotions. We found great leasing incentives from most automakers, though some brands aren’t currently advertising leasing specials.
We picked the best deal we could find on each model, which sometimes only applies to a lower trim level. Once you start moving up the trim ladder and configuring these trucks with 4-wheel drive, and specific cabs and bed lengths, pricing will change.
We also tried to choose incentives that are widely available and don’t require special restrictions to qualify. However, in a growing number of cases, the only advertised deals have various restrictions, which we’ve noted. Typically, the best deals apply to returning lessees, owners of a qualifying competitive vehicle, or employees and their families and friends.
Truck Leasing Trends
This month, most truck lease deals carry equal or lower monthly payments than in previous months, though down payments are high in some cases. You’ll be hard-pressed to find a 0-down lease incentive, and some trucks simply aren’t available with special leasing deals. Trucks are popular and inventory is scarce in many cases, so demand has worked to increase pricing and minimize promotions.
Keep in mind that lease deals vary by location, so be sure to check online or with your dealer to find the best offers available near you. Your credit score could also impact the availability of these leasing incentives.
Chevrolet Truck Leases
- 2021 Chevrolet Colorado: $279 for 36 months with $5,229 due at signing on Colorado LT with Crew Cab and 4WD
- 2022 Chevrolet Silverado 1500: $329 for 24 months with $6,729 due at signing on Silverado LTD with Short Bow, Crew Cab, 4WD, and 2.7-liter turbo-4
Chevrolet typically offers some of the cheapest truck leasing incentives available, but the amount due at signing can be high. Fortunately, they significantly reduce the down payment if you meet certain criteria. For instance, current GM owners, employees, family, and friends pay less. There are also discounts for owners of a qualifying competitive vehicle.
Ford Truck Leases
Ford isn’t yet offering any lease deals on its pickup trucks this month.
Ford’s best deals are typically reserved for returning lessees or A & Z plan lessees. Ford’s A & Z plans offer discounts for Ford employees, retirees, and their families and friends.
GMC Truck Leases
- 2022 GMC Canyon: $274 for 39 months with $5,000 due at signing on Canyon Elevation with Short Crew and 2WD
- 2022 GMC Sierra 1500: $299 for 24 months with $4,749 due at signing on Sierra Limited Elevation with Crew Cab, Short Bed, and 4WD
GMC’s leases tend to have monthly payments similar to Chevrolet’s, though the Sierra Limited is an exception. The best GMC leasing promotions carry specific qualifying requirements, so you should be able to secure a better deal if you qualify. While the above lease deal on the Canyon is available to all well-qualified shoppers, the Sierra incentive only applies to GM employees and eligible family members who are current GM lessees.
Honda Truck Leases
- 2022 Honda Ridgeline: $409 for 36 months with $4,799 due at signing on Ridgeline RTL-E
The Ridgeline is pricey for a compact pickup, and Honda doesn’t consistently offer deals on it. For those reasons, if you can find an appealing lease incentive like the one above, it’s worth considering. This is especially true since the latest Ridgeline has refreshed styling, standard all-wheel drive, and an updated infotainment system.
Hyundai Truck Leases
- 2022 Hyundai Santa Cruz: $221 for 36 months with $3,699 due at signing
Hyundai just started delivering the all-new Santa Cruz “Sport Adventure Vehicle.” It’s a compact pickup truck that’s more like a small SUV with an open-air cargo bed. In fact, the Santa Cruz is based on the redesigned compact Tucson.
Jeep Truck Leases
- 2022 Jeep Gladiator: $302 for 39 months with $3,995 due at signing on Gladiator Sport with 4WD
This incentive on the Gladiator is a better offer than some lease deals on rival compact pickup trucks. Typically, the Gladiator is more expensive to lease than the Chevrolet Colorado or GMC Canyon, so this incentive is worth looking into.
With that said, Jeep offers substantial loyalty and conquest incentives that may reduce your monthly payment and down payment even more.
Nissan Truck Leases
- 2022 Nissan Frontier: $369 for 36 months with $3,759 due at signing on Frontier SV with Crew Cab and 4WD
- 2022 Nissan Titan: $499 for 36 months with $4,339 due at signing on Titan S with Crew Cab and 4WD
Nissan’s incentive on the all-new 2022 Frontier is worth considering this month. The monthly payment and down payment are both quite competitive. However, the deal on the Titan isn’t as attractive as offers on rival full-size pickups.
Ram Truck Leases
- 2022 Ram 1500: $229 for 24 months with $3,462 due at signing on Ram Big Horn with Crew Cab, 4WD, and 5’7″ bed
Ram typically offers the best incentives for either current lessees or owners of a qualifying competitive vehicle. The brand’s deals tend to parallel those from Ford and Chevrolet, but only if you qualify for the best incentives. The above deal is only available to returning lessees. We couldn’t find any deals this month that are available to all well-qualified lessees.
Toyota Truck Leases
- 2022 Toyota Tundra: $359 for 36 months with $3,658 due at signing on Tundra SR5 with Double Cab, 2WD, and 6’5″ bed
The above lease on the redesigned 2022 Tundra is worth considering, but it’s not widely available. We suggest checking with your local dealer to learn about similar incentives in your area.
Toyota isn’t currently offering any lease deals on the Tacoma, though there are several purchasing promotions available. In the past, leasing incentives on the Tacoma typically undercut other compact pickup trucks, so we’ll be watching for updates. In the meantime, visit Toyota’s website by following the link below. You can use the brand’s online tool to estimate lease payments based on specific details.
Help With Leasing
If you have questions about this story, please contact us at Editors@carfax.com