Best SUV Leases Ranked by Lease Value

Best SUV Leases
@2018 Photo courtesy of GM.com

The Best SUV leases according to LVR

Best SUV Leases for April

April 2018 SUV Lease Deals

Rank Style PMT DOWN MSRP TERM TOTAL COST AVG LVR
1 2018 GMC Terrain SLE $226.00 $0.00 $28,895.00 36 $8,136.00 $226.00 0.78%
2 2018 Ford Flex SEL FWD $259.00 $1,740.00 $37,790.00 36 $11,064.00 $307.33 0.81%
3 2018 Toyota Highlander LE Plus $249.00 $2,450.00 $36,679.00 36 $11,414.00 $317.06 0.86%
4 2018 Acura RDX $299.00 $2,200.00 $36,995.00 36 $12,964.00 $360.11 0.97%
5 2018 Kia Sorento 2.4L $199.00 $2,600.00 $26,740.00 36 $9,764.00 $271.22 1.01%
6 2018 Ford Edge SE FWD $269.00 $1,674.00 $30,215.00 36 $11,358.00 $315.50 1.04%

Leaese deals on SUVs have gotten even better. Not to be outdone by Ford, GMC is enticing new, non-GM lessees with an outstanding offer on the GMC Terrain. Lease for 1st month payment at $226 per month. That’s a 0.78% LVR on a $29,000 vehicle!

aIt is true: SUV Leasing has gotten substantially better each and every month since this blog began in 2008. The popular top rankings from month to month are usually owned by the Toyota RAV4 and Chevrolet Equinox, but I’ve moved those over to a new segment which better reflects the type of SUV they really are: Best Crossover SUVs

The category, SUV, tends to encompass a wide variety of styles, and types of Sport Utility Vehicles. I’ve separated the larger styles into their own category. Even with the new categories, there is likely to be much bickering and arguing over which cars belong in which segment. For the month of August, I’ve added the Ford Explorer among the usual Traverse, Pathfinder, Dodge Journey, Toyota Highlander, Toyota 4-Runner, Volkswagen Atlas, and the Mazda CX-9. I think most would agree that the Nissan Pathfinder and Toyota 4-Runner were once the type of vehicle we considered the prototypical SUV, but the field has widened considerably.

Best SUV leases in this segment are priced from $23,000 to $35,000. The LVR or Lease Value Ratio is a formula that rates the bang-for-the-buck lease value. For a detailed explanation, visit the LVR Link.

Is your Favorite SUV Missing?

If you don’t see your favorite SUV, it doesn’t mean that it still might not have an excellent lease offer. Always check the manufacturer’s website. The Tiguan was a winner here for a while, but I have moved it to the Crossover SUV group. It is just so much smaller than the rest of the pack, and with the new VW Atlas that seats 7, it is a bit of a misfit.  The best lease deals are often quoted from CA or NY, but other states might try and match these offers or even beat them. You simply have to ask for a better lease deal.

 

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