New Car Lease Specials Suv – The industry’s best-selling SUV, the Nissan Rogue compact crossover, is on lease until the end of June for $185 a month for 36 months with $3,785 due at signing. (Photo: Andrew Harrer/Bloomberg)
Heading into these lazy, hazy, crazy days of summer, we’re seeing much less lucrative new vehicle leases being offered, especially among the hot SUVs. That’s because a potent cocktail of rising interest rates, falling residual values and rising sticker prices is taking a toll on automakers’ promotional leases in nearly every sector.
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For example, this month we discovered a much narrower selection of leased SUVs for payments of $200 or less than before, with models that often top our best deals lists like the Subaru Crosstrek, Jeep Renegade and Mitsubishi Outlander Sport not included. the margin. We’re also seeing an uptick in down payments, with one of the cheapest SUVs to lease on our list — the $169-a-month Chevrolet Trax — demanding a hefty $4,019 at signing (though it drops to $2,519 for current lessees ). GM vehicles); Two years ago, we listed the down payment for this model at $1,249.
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All 15 sub-$200 SUV leases featured in the accompanying slideshow are for compact or subcompact models, with the earlier models generally being the top sellers in each of their respective model lines (except for mainstream domestic pickup brands). ). In most cases, monthly payments aren’t much lower on subcompact models, and in the case of two automakers, their compacts (Nissan Rogue and Toyota RAV4) rent for less money this month than their compact counterparts. smaller (Rogue Sport and C-HR).
As always, keep in mind that leases often vary by region to address local supply and demand issues — the aforementioned RAV4, for example, costs $50 a month to lease in the Chicago area versus New York or nearby; with the same advance. Be sure to check the automaker’s websites under the “specials” or “local offers” tab to find out what’s available in your area. All offers are valid until June. Unless otherwise stated, prices shown are for base models and do not include optional equipment, taxes or fees.
Finally, remember that leasing a vehicle is not for everyone, especially those who tend to be strict with a car or truck (you will face high “wear and tear” fees when you turn it in at the end of the term) and drivers who accumulate more miles than your policy allows (at an additional cost of 15 to 35 cents per mile, which can add up quickly). And as with all vehicle transactions, remember that all aspects of a lease, especially the transaction price, are negotiable. The Kia Telluride, winner of several Car of the Year awards after its launch in 2019, is now a bargain as a leasing car.
Even the best SUV and crossover leases don’t matter if they’re great deals on vehicles that few want.
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This list of April’s best SUV and crossover lease deals takes them into account. Our list focuses on higher volume models and excludes niche players. Low-volume SUVs can be great vehicles and can be great deals, but let’s face it, they’re not on many shopping lists.
This approach also reduces the number of models from luxury brands, which by definition should be exclusive. That list is more mainstream, though it includes the Lexus RX and Kia Telluride, which are considered premium SUVs, according to data and analysis firm Motor Intelligence, a widely used auto industry benchmark. The Best Deals list was compiled for Wheels in collaboration with Market Scan Information Systems Inc.
The lease offers shown are fixed prices for 36-month leases. They essentially include all the fees the tenant ends up paying, so they reflect the full monthly cost of a lease, not the advertised price marketed by manufacturers and dealers.
The 2021 Chevy Trax is one of the brand’s best-selling crossovers. It’s nice and affordable, and even more affordable with a good lease.
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New vehicles priced between $20,000 and under are an endangered species, even in the coveted crossover segment. Some auto magazines are looking into whether parent company General Motors will continue to build the Chevy Trax and its close relative, the Buick Encore, for the U.S. market beyond the current generation. The Chevy Trax came stateside in 2017 and received a mid-life facelift for the 2017 model year, so the current generation will likely need to be replaced very soon, like later this year or next year.
While they last, there are great lease deals on the 2021 Hyundai Tucson, which will be replaced by an all-new 2022 model.
Hyundai Motor America has already announced pricing for the new 2021 Hyundai Tucson, a sure sign that sales of the new model are imminent. In the meantime, there are great lease deals to be had on the 2021 Hyundai Tucson while they last. The outgoing model’s exterior styling is attractive and the Hyundai brand is all about value for money. The all-new 2022 model’s styling is sharper and more aggressive, but even as it rides off into the sunset, the 2021 Tucson still looks sharper than many of its competitors in the segment.
The 2021 Toyota RAV4 has sold well, with US sales of 116,681 in the first quarter, up nearly 20% from a year ago.
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The latest redesign of the Toyota RAV4, now in its fifth generation, was released in late 2018 for the 2019 model year. A few changes have been made for the 2021 model year, including an XLE Hybrid Premium trim and equipment package for the Toyota RAV4 Hybrid and 2021 RAV4 Prime, the first plug-in hybrid RAV4. With a $7,500 tax credit available, the Prime Plug-in Hybrid is cheaper than the Prime Hybrid. (The tax credit goes to the owner of the vehicle, but the leasing company should include it in their leasing calculations. Ask to see it on your paperwork.)
The Hyundai Santa Fe is part of an industry trend towards ever larger grilles. Equally appealing are the many standard safety features.
The Hyundai Santa Fe has been refreshed for the 2021 model year, with new front and rear styling, including updated LED lighting and a wider grille. It also gets a bigger and more powerful standard engine, a 2.5-liter four-cylinder that replaces a 2.4-liter four-cylinder. With the optional turbocharger, the new engine produces 277 horsepower, up from 235 horsepower for the 2020 model.
The 2021 Toyota Highlander is a three-row crossover utility vehicle. Now in its fourth generation, the Highlander was redesigned in late 2019 for the 2020 model year.
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The 2021 Toyota Highlander is still a relatively new model, after a late 2019 redesign for the 2020 model. The redesign gave it a completely new exterior design and the latest safety features that Toyota calls Toyota Safety Sense 2.5+. while some models still have version 2.0. There is also a Highlander gas-electric hybrid. The Toyota Highlander is based on a new vehicle platform called the Toyota New Global Architecture (TNGA), which is shared with the Toyota Sienna minivan, Toyota Venza crossover, Toyota RAV4 compact crossover and Toyota Avalon sedan.
The design of the 2021 Chevrolet Blazer is distinctive and it has a good selection of high-tech features for safety, driver assistance, infotainment and connectivity.
Reviewers give the Chevy Blazer good marks for rear seat space and cargo space. Chevrolet also built a Safety Assist package across several trim levels for the 2021 model, including automatic emergency braking, front pedestrian braking, lane keep assist with lane departure warning, and automatic high beam dimming.
The 2021 Honda Pilot is in its final year for the current design, a point where many automakers are starting to make deals on the existing model to boost interest.
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The 2021 Honda Pilot gets a new SE equipment and trim package, short for Special Edition, and a standard nine-speed automatic transmission. The new 2021 Honda Pilot SE package includes luxury features found on the EX-L trim, such as leather seats, plus 20-inch black wheels, as well as wireless phone charging and more. The current third-generation Honda Pilot debuted in 2015, and a redesign is expected, possibly next year.
Reviewers say the 2021 Kia Telluride looks and feels more expensive than it is, and dealers say it’s difficult to stock.
Dealers say the Kia Telluride is so popular they’ve struggled to keep it in stock since the model debuted in 2020. For 2021, Kia added the Nightfall Edition, a cosmetic package on exclusive Telluride trim with blacked-out styling cues, including a rack. It’s one of the few vehicles in its class that makes you say, “Hey, what’s that?” even after seeing more than a dozen of them with their distinctive orange headlight rims lit up.
The 2021 Toyota 4Runner has a tougher look and greater off-road capabilities than other Toyota crossovers and SUVs.
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