(September 13, 2012) IRVINE, Calif. — Leasing makes sense for car shoppers looking for the best bang for the buck on a monthly payment versus buying a car. During September, consumers can find a multitude of compact and subcompact cars available with lease rates less than $200 per month, while a mid-size sedan or compact crossover auto lease can easily be found for less than $300 per month, according to Kelley Blue Book.

"Those who need new wheels, but are holding tight to their purse strings, will find some incredible lease options this month due to unusual but favorable new-car market conditions," said Alec Gutierrez, senior market analyst of automotive insights for Kelley Blue Book.

"New-car shoppers more interested in low monthly payments in the short term, rather than long-term vehicle ownership, should act quickly on these great deals, as we expect conditions to change and deals to expire in the next 30-60 days."

The lease deals are available because of near-zero percent interest rates and used-car values remaining high. Interest rates are expected to remain low through 2014; however, high used-car values are not guaranteed to last forever. In fact, values already are down 5.2 percent year-over-year, and as inventory improves at auction in 2013, Kelley Blue Book expects declines to continue.