If you’re in the market for a new SUV and on a tight budget, you may want to take a look at leasing a small sport utility vehicle (SUV).
Compact SUVs provide new car shoppers with much better gas mileage than large full size SUVS while still providing above average seating height and generous flexible cargo space.
Most crossover SUVs have plenty of room to carry the entire family, plus cargo, for a weekend trip to the lake or amusement park. Doing all this while providing more of a car-feel ride than the traditional bumpy truck ride.
Using information from U.S. News and World Report we found the top eight small SUV/crossover vehicles you can lease for under $250 per month right now. There is a mix of 2015 and 2016 model year vehicles included so you’re guaranteed to find something you like.
Lease offers basically come in different forms, low monthly payments with a large amount down or a low amount down with a larger monthly payment. The deals listed below are all under $250 a month with a maximum due at signing of $2899. NOTE: Many of the lease deals available below are region specific, ALWAYS do your research and homework first.
The cheapest monthly payment on the list belongs to the 2015 Toyota RAV4. Compared to the competition, the RAV4 has a roomy cabin and cargo hold and comes standard with lots of features. Depending on where you’re located in the United States, you can lease one for as little as $159 per month for three years. You are required to put down $2,899 down at signing.
If you’re in the market for an all-wheel-drive (AWD) compact SUV, the 2015 Subaru Forester is one of the only compact SUVs available AWD as a standard feature. Many owners of the Forester praise its comfortable ride, great handling and large roomy interior. You can lease the 2015 Forester for 36 months for as little as $200 a month with only $1,900 down, depending on the region you live in.
One of the cheaper lease deals on the list belongs to the 2015 Buick Encore. The Encore is actually classified as a subcompact SUV and just happens to be the only one that made it on the list. There may be a little less cargo space than the other compact SUVs; however, many owners say there’s more than enough space in the rear cabin area for adults and cargo. You can lease a 2015 Buick Encore for 24 months at $175 month with only $1,675 due at signing.
Keep in mind: When leasing a car, inquire about mileage limitations and always read the fine print. Leasing incentives may vary by region, can change or be cancelled without notice, and are subject to vehicle availability. You should always check with several dealers in your area to get a good idea of what’s available in your local market.
Want to Lease a Small SUV?
When negotiating a new car lease, it’s important to know the dealer invoice price and what other people are paying for the same vehicle in your local area. Otherwise, you won’t know what’s a good price to pay for the vehicle. I highly recommend using an online referral service such as Ryde Shopper or Motor Trend, their quotes will automatically include any discounts or cash-back incentives currently available in the marketplace.
In addition, the above sites will tell you which dealerships in your local area are currently the most flexible with their new car pricing. These sites provide valuable information for anyone thinking about buying or leasing a new car or truck.
Best Small SUV Lease Deals Under $250 Per Month
|#||Vehicle||Payment/Term||Due at Signing|
|1||2015 Toyota RAV4||$159/mo for 36 months||$2,899|
|2||2015 Honda CR-V||$209/mo for 39 months||$1,999|
|3||2015 Nissan Rogue||$189/mo for 36 months||$2,599|
|4||2015 Buick Encore||$175/mo for 24 months||$1,675|
|5||2016 Ford Escape||$229/mo for 36 months||2,609|
|6||2016 GMC Terrain||$199/mo for 24 months||$2,439|
|7||2016 Kia Sportage||$224/mo for 24 months||$2,699|
|8||2015 Subaru Forester||$200/mo for 36 months||$1,900|
Source: U.S. News