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Best SUV Lease Deals
Leasing an SUV can help you tackle the road ahead. Learn more about the best SUV lease deals available now and how you can find an affordable SUV lease.
Read time
8 minutes
Date
02.22.2024
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According to a Cox Automotive forecasting report, the automotive market will begin a return to normalcy in 2024, something unseen in the past several years. As new vehicle inventories rise, the market no longer favors sellers. Instead, electric vehicles (EVs) tug the industry full steam ahead, despite reservations from consumers nationwide. However, Cox predicts a 5% increase in EV leasing, potentially indicating a desire on manufacturers’ part to ease buyers’ fears with a lower commitment threshold.
Regardless of how auto leasing pans out this year, FINN car subscriptions offer a convenient, flexible, and affordable alternative worth checking out. FINN incorporates several standard car ownership fees into your monthly subscription fee, from insurance and registration to depreciation and maintenance. FINN also stocks several SUVs ready to arrive at your front step.
Chevrolet Trailblazer
- MSRP: $23,100
- Average lease payment: $299
- Due at signing: $1,829
- Average lease down payment: $0
The Chevrolet Trailblazer is the Bowtie brand’s subcompact SUV that slots in between the larger Chevrolet Equinox, Blazer, and the smaller Trax SUV models. Chevrolet offers two lease deals on the all-wheel drive (AWD) LT model from 2023 and 2024. Current lessees can pay as low as $269 monthly for 36 months with $2,189 due at signing on the 2023 Trailblazer.
Chevrolet Trailblazer
- MSRP: $23,100
- Average lease payment: $299
- Due at signing: $1,829
- Average lease down payment: $0
The Chevrolet Trailblazer is the Bowtie brand’s subcompact SUV that slots in between the larger Chevrolet Equinox, Blazer, and the smaller Trax SUV models. Chevrolet offers two lease deals on the all-wheel drive (AWD) LT model from 2023 and 2024. Current lessees can pay as low as $269 monthly for 36 months with $2,189 due at signing on the 2023 Trailblazer.
Hyundai Tucson
- MSRP: $27,250
- Average lease payment: $281
- Due at signing: $4,011
- Average lease down payment: $0
The 2024 Hyundai Tucson may not have the full-fledged makeover the Santa Fe received, but it’s a worthy SUV that combines Hyundai’s best features with a capability that knows no bounds. Current lease offers on the Tucson start at $281 monthly. You can also get up to $400 with the Military program or the same amount through the College Grad program.
Hyundai Tucson
- MSRP: $27,250
- Average lease payment: $281
- Due at signing: $4,011
- Average lease down payment: $0
The 2024 Hyundai Tucson may not have the full-fledged makeover the Santa Fe received, but it’s a worthy SUV that combines Hyundai’s best features with a capability that knows no bounds. Current lease offers on the Tucson start at $281 monthly. You can also get up to $400 with the Military program or the same amount through the College Grad program.
Cadillac XT5
- MSRP: $43,895
- Average lease payment: $509
- Due at signing: $4,259
- Average lease down payment: $0
Cadillac’s list of well-known SUVs includes the Escalade, XT6, XT5, and XT4. The new LYRIQ also joins the luxury brand’s lineup with an electrified powerplant. Although the XT5 is a compact SUV, it packs high class into every stitch. Lease a 2024 XT5 Luxury for just over $500 per month.
Cadillac XT5
- MSRP: $43,895
- Average lease payment: $509
- Due at signing: $4,259
- Average lease down payment: $0
Cadillac’s list of well-known SUVs includes the Escalade, XT6, XT5, and XT4. The new LYRIQ also joins the luxury brand’s lineup with an electrified powerplant. Although the XT5 is a compact SUV, it packs high class into every stitch. Lease a 2024 XT5 Luxury for just over $500 per month.
Hyundai Santa Fe
- MSRP: $33,950
- Average lease payment: $369
- Due at signing: $3,999
- Average lease down payment: $0
Hyundai Santa Fe models stand tall with a refreshed look that’s as dynamic as it is modern. You can lease the 2024 Hyundai Santa Fe for $369 per month for three years. Qualified military members and college graduates can earn $400 off a lease on this new SUV.
Hyundai Santa Fe
- MSRP: $33,950
- Average lease payment: $369
- Due at signing: $3,999
- Average lease down payment: $0
Hyundai Santa Fe models stand tall with a refreshed look that’s as dynamic as it is modern. You can lease the 2024 Hyundai Santa Fe for $369 per month for three years. Qualified military members and college graduates can earn $400 off a lease on this new SUV.
Ford Explorer
- MSRP: $36,860
- Average lease payment: $534
- Due at signing: $4,561
- Average lease down payment: $0
XLT versions of the 2024 Ford Explorer lease for $534 per month for 39 months, with no security deposit required. You can also lease the Platinum trim model for $727 monthly with $6,364 due at signing. Additional available Ford SUVs include the Escape, Edge, Expedition, Bronco Sport, and Bronco. Some even consider the Mustang Mach-E to be somewhat of a midsize SUV based on styling.
Ford Explorer
- MSRP: $36,860
- Average lease payment: $534
- Due at signing: $4,561
- Average lease down payment: $0
XLT versions of the 2024 Ford Explorer lease for $534 per month for 39 months, with no security deposit required. You can also lease the Platinum trim model for $727 monthly with $6,364 due at signing. Additional available Ford SUVs include the Escape, Edge, Expedition, Bronco Sport, and Bronco. Some even consider the Mustang Mach-E to be somewhat of a midsize SUV based on styling.
Buick Envision
- MSRP: $33,400
- Average lease payment: $249
- Due at signing: $3,849
- Average lease down payment: $0
To say Buick has an obsession with naming their SUV lineup with words that start with “E” is a bit of an understatement. The Buick SUV pen includes the Encore, Envision, Enclave, and Envista. You can lease the 2023 Buick Envision for $249 monthly for two years with $3,849 due at signing. Check out the Buick Envision today.
Buick Envision
- MSRP: $33,400
- Average lease payment: $249
- Due at signing: $3,849
- Average lease down payment: $0
To say Buick has an obsession with naming their SUV lineup with words that start with “E” is a bit of an understatement. The Buick SUV pen includes the Encore, Envision, Enclave, and Envista. You can lease the 2023 Buick Envision for $249 monthly for two years with $3,849 due at signing. Check out the Buick Envision today.
Volkswagen ID.4
- MSRP: $38,995
- Average lease payment: $299
- Due at signing: $3,499
- Average lease down payment: $0
Lease the 2023 Volkswagen ID.4 for $299 monthly for 36 months with up to $8,000 in lease bonuses. Volkswagen doesn’t require a security deposit to lease the ID.4. Additional VW SUVs include the Tiguan, Atlas, Atlas Cross Sport, and Taos.
Volkswagen ID.4
- MSRP: $38,995
- Average lease payment: $299
- Due at signing: $3,499
- Average lease down payment: $0
Lease the 2023 Volkswagen ID.4 for $299 monthly for 36 months with up to $8,000 in lease bonuses. Volkswagen doesn’t require a security deposit to lease the ID.4. Additional VW SUVs include the Tiguan, Atlas, Atlas Cross Sport, and Taos.
Chevrolet Blazer
- MSRP: $35,400
- Average lease payment: $319
- Due at signing: $3,869
- Average lease down payment: $0
The five-year anniversary of the rebirth of the Chevrolet Blazer finds it gaining new ground with an electric variant. Current lessees can lease the 2024 Blazer for just over $300 monthly for two years. You can also lease the 2023 model for $279 a month for 24 months with $2,319 due at signing.
Chevrolet Blazer
- MSRP: $35,400
- Average lease payment: $319
- Due at signing: $3,869
- Average lease down payment: $0
The five-year anniversary of the rebirth of the Chevrolet Blazer finds it gaining new ground with an electric variant. Current lessees can lease the 2024 Blazer for just over $300 monthly for two years. You can also lease the 2023 model for $279 a month for 24 months with $2,319 due at signing.
Tesla Model Y
- MSRP: $43,990
- Average lease payment: $585
- Due at signing: $1,225
- Average lease down payment: $0
The Tesla Model Y is one of two premium electrified SUVs under the American brand. You can purchase or lease the Model Y rear-wheel drive (RWD), Long Range, or Performance variants depending on what you’re looking for from this SUV. Lessees may be eligible to receive a portion of the tax incentives offered on this model.
Tesla Model Y
- MSRP: $43,990
- Average lease payment: $585
- Due at signing: $1,225
- Average lease down payment: $0
The Tesla Model Y is one of two premium electrified SUVs under the American brand. You can purchase or lease the Model Y rear-wheel drive (RWD), Long Range, or Performance variants depending on what you’re looking for from this SUV. Lessees may be eligible to receive a portion of the tax incentives offered on this model.
Cadillac XT6
- MSRP: $48,795
- Average lease payment: $559
- Due at signing: $4,839
- Average lease down payment: $0
The stately Cadillac XT6 mid-size SUV elevates errands, commutes, and pleasure drives. The XT6 features nearly 79 cubic feet of cargo space behind the first row and plenty of advanced tech and safety features to keep any family busy and safe. While the XT6 is not yet electric, Cadillac may offer a zero-emissions variant of this luxury SUV in the coming years.
Cadillac XT6
- MSRP: $48,795
- Average lease payment: $559
- Due at signing: $4,839
- Average lease down payment: $0
The stately Cadillac XT6 mid-size SUV elevates errands, commutes, and pleasure drives. The XT6 features nearly 79 cubic feet of cargo space behind the first row and plenty of advanced tech and safety features to keep any family busy and safe. While the XT6 is not yet electric, Cadillac may offer a zero-emissions variant of this luxury SUV in the coming years.
Jeep Grand Cherokee
- MSRP: $36,495
- Average lease payment: $368
- Due at signing: $3,499
- Average lease down payment: $0
The Jeep Grand Cherokee isn’t the largest stallion in the stable anymore with the addition of the Wagoneer, but it’s a historic nameplate that’s continuing strong into the mid-2020s. Jeep offers the Grand Cherokee as a two-row, three-row, or electrified variant in AWD or front-wheel drive (FWD). Jeeps are well-known for their versatility across all terrains.
Jeep Grand Cherokee
- MSRP: $36,495
- Average lease payment: $368
- Due at signing: $3,499
- Average lease down payment: $0
The Jeep Grand Cherokee isn’t the largest stallion in the stable anymore with the addition of the Wagoneer, but it’s a historic nameplate that’s continuing strong into the mid-2020s. Jeep offers the Grand Cherokee as a two-row, three-row, or electrified variant in AWD or front-wheel drive (FWD). Jeeps are well-known for their versatility across all terrains.
Best SUV lease deals FAQs
The following represent questions to ask yourself before leasing a car, especially if you’re looking for an SUV. For instance, you should know what credit score is needed to lease a car and if you qualify for a lease based on your score. Read on to find out more about car leasing and scooping the best SUV lease deals.
What is the #1 best SUV?
J.D. Power recently ranked some of the best SUVs. Among the top 10 are the Chevrolet Blazer, Traverse, Equinox, and Trailblazer, Buick Envision, Enclave, and Encore (including the GX model), the Porsche Macan, and the BMW X4. However, the #1 best SUV is often a matter of personal preference, depending on what you’re looking for in an SUV.
What is the residual value on a car lease?
The residual value on a car lease indicates how much that particular car is worth once the lease ends. If you’re wondering if you should lease and then buy a car, the residual value represents how much you’ll pay if you decide to (and can) purchase the car once your lease ends. The higher a leased car’s residual value, the lower the monthly payments and the less depreciation it experiences.
Which dealership is offering zero-down lease deals on SUVs?
Several dealerships offer zero-down lease deals, including:
- Castle Chevrolet North in Elk Grove Village, IL
- Red McCombs Toyota in San Antonio, TX
- Kirby Subaru of Ventura, CA
- Bill Volkz Westchester Chrysler Dodge Jeep in Cortlandt, NY
- Germain Cadillac of Easton, OH
- Sheehy INFINITI of Annapolis, MD
- McGrath Acura of Westmont, IL
- Napleton’s Volkswagen of Orlando, FL
You can also find local zero-down lease deals by plugging the automotive make and model you want to lease into Google. For example, you can search “Ford Explorer lease deals near me,” or replace “Ford Explorer” with Nissan, Audi, Mercedes-Benz, Kia, Mazda, Honda, GMC, Lexus, Genesis, or any other automotive brand. Lease deals are often listed near financing deals on manufacturers’ websites.
How do you find the lowest lease payments on mid-size SUVs?
Finding the lowest lease payments on mid-size SUVs is a progression of learning how to lease a car online. Models high in supply but low in demand tend to offer some of the best lease specials and lowest lease payments. You can also shop around to find competitive lease offers and negotiate your monthly payment down for a better deal.
Final thoughts
Some of the best SUV lease deals can be found on common models that offer as much capability and off-road prowess as any pickup without sacrificing cargo space. Leasing an SUV can help you determine if it’s the right model for you and your family. Finding an electric SUV to lease can also help you save on maintenance and fuel costs to further reduce your car-related expenses.
If leasing sounds like too much of a hassle, subscribe to FINN for a different kind of car ownership. FINN includes insurance, registration, depreciation, and maintenance in your monthly fee and offers flexible terms to suit your busy lifestyle. FINN’s credit restrictions make qualifying easier than obtaining a low lease money factor, and FINN delivers straight to your door, so you can get your adventures started immediately.
Final thoughts
Some of the best SUV lease deals can be found on common models that offer as much capability and off-road prowess as any pickup without sacrificing cargo space. Leasing an SUV can help you determine if it’s the right model for you and your family. Finding an electric SUV to lease can also help you save on maintenance and fuel costs to further reduce your car-related expenses.
If leasing sounds like too much of a hassle, subscribe to FINN for a different kind of car ownership. FINN includes insurance, registration, depreciation, and maintenance in your monthly fee and offers flexible terms to suit your busy lifestyle. FINN’s credit restrictions make qualifying easier than obtaining a low lease money factor, and FINN delivers straight to your door, so you can get your adventures started immediately.
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