The New Car That Costs $89 Per Month

2015 Volkswagen Jetta pic-2687671922287613144

It’s like we’re living in 1963.

I honestly don’t know when the average car payment in the United States was below $100, but I do know that today it sits at just over $480. If you buy or lease a new car in this country, odds are pretty good that you’ll be somewhere in the $200-$500 per month range. The lower end of that range is reserved for low-payment leases and bottom-of-the-barrel entry-level cars.

So when one of the world’s largest automakers promotes an $89 lease, or even lower in some areas, people will pay attention.

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