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The 10 Best SUV Lease Deals in March 2023
By: James Diaz | March 13, 2023
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With SUVs being such a strong strand of the market, we need to stay on top of the best deals available. As the new reg year comes in, it is invariably a time to look carefully at what dealerships are doing. They may well be off-loading older stock with bargain deals, and manufacturers will be offering some incentives to attract attention to their brands. It’s certainly a time to be on the lookout, and to be armed with comparative offers from a number of brands and manufacturers to ensure you can haggle with dealerships and secure yourself the best deal. So though we offer you these Top 10 SUV Lease Deals, carry on haggling when you hit the showrooms. Haggling even small savings per month adds up to huge savings over the lifetime of a lease.
Lease Deal options are growing and there are great deals to be had
With Spring coming in, plenty of carmakers and dealers are either reducing prices or not raising them much for the new model year. With interest rates higher than they’ve been, this helps the buyer in tricky economic times. The steadying off of rate rises also helps to make leasing a viable option again.
So let us help you lock in a good SUV leasing deal on a great car.
For example, across March you can lease the highly rated Hyundai Tucson or Mazda CX-5 compact SUVs for around $300 per month. If you’re hoping to save money on fuel, the Honda CR-V Hybrid will only cost you $359 per month. And if you need major league space, the three row Kia Sorento is just $319 per month and the Chevrolet Traverse just $369. The Kia is a true bargain at that price.
Remember that leasing incentives can vary by state and district, so contact your local dealer to learn about current lease deals that are valid where you are. In most cases, you’ll need an excellent credit score to qualify for the best offers.
Here is our MotoPickers selection of the top ten best SUV deals around at the moment across March 2023. Unless indicated otherwise, assume all leases shown here are based on 10,000 miles per year.
2023 Mazda CX-5
Lease Deal: $319 per month for 36 months with $2,999 due at signing
The CX-5 is a great SUV. We really love it at MotoPickers. It delivers strong acceleration, dynamic handling, and it has Mazda’s customary smooth ride. It comes standard with all-wheel drive and returns really decent fuel economy. It was a deserving winner in our MotoPickers 2023 Best SUV for the Money rankings.
Inside, the CX-5 boasts a luxury-grade cabin with really comfortable seats. It also has top notch crash-test ratings and has a long list of driver goodies and juicy tech as standard. Standard features include a 10.25 inch infotainment display, which we rate as among the best in class.
This leasing promotion is valid on the base 2023 CX-5, but that model is actually all you really need to enjoy a premium driving experience.
2023 Hyundai Tucson
Lease Deal: $239 per month for 36 months with $3,999 due at signing
Hyundai redesigned the Tucson for 2022, and the 2023 model is worthy of a top position in our MotoPickers rankings of 2023 SUVs. It’s powered by a fuel-efficient four-cylinder engine and offers a desirable balance of comfort and agility. The Tucson has a great interior with spacious seats and a sizable cargo hold. It’s also covered by an industry-leading warranty and has a history of impressive safety ratings.
This lease deal on the base 2023 Tucson SE with AWD is valid across much of the US.
2023 Honda CR-V Hybrid
Lease Deal: $359 per month for 36 months with $4,699 due at signing
If you’re considering a thrifty SUV, the redesigned 2023 CR-V Hybrid is a solid option. It doesn’t cost much more to lease than the standard CR-V, and you’ll save money on fuel. The CR-V Hybrid is quite a bit more powerful than the non-hybrid version and delivers a really well-balanced ride and offers sharp handling. It also has a high-quality interior, roomy seats and plenty of cargo space. You also get heated front seats as standard, though the 7-inch touch screen now looks too small and dated.
This incentive on the base 2023 CR-V Hybrid Sport with front-wheel drive is widely valid.
2023 Chevrolet Traverse
Lease Deal: $369 per month for 36 months with $5,419 due at signing
The Chevrolet Traverse is an undersung member of its SUV class. It is one of the most accommodating SUVs available today, and is a terrific all-rounder. It’s solid, smooth, rides well and has a spacious and well-built cabin. Though not as luxurious as some, it’s still a nice place to be. Despite its notable size, the Traverse delivers striking acceleration, a comfortable ride and good maneuverability. It also has strong crash test ratings and comes equipped with several driver-assistance systems.
This promotion applies to the 2023 Traverse LT base model with front-wheel drive. Current GM lessees may save another $2,000 at lease signing.
2023 Subaru Forester
Lease Deal: $315 per month for 36 months with $2,790 due at signing
The understated Forester has all-wheel drive (AWD) as standard, though it still returns impressive gas mileage. It’s not athletic, but it delivers a really decent ride, commendable grip and what really is all-round decent off-road performance. It has a well-built cabin, two adult-friendly rows of seats and a roomy cargo area. In addition, it earns praise for a history of good crash test ratings. A responsive, though far too small, 6.5-inch touch screen and smartphone connectivity come as standard, along with Subaru’s EyeSight Driver Assist Technology suite of safety systems.
This deal applies to the base 2023 Forester. Subaru’s incentives are similar throughout the country.
2023 Jeep Grand Cherokee
Lease Deal: $430 per month for 39 months with $3,799 due at signing
The Jeep Grand Cherokee is really a very fine SUV. It is fresh from a redesign for 2022, and it has topped, or come near the top of, most comparative rankings since. At MotoPickers we rate it very highly. It’s arguably in a class of its own, due to its combination of off-road prowess and distinctly premium interior. This version features two rows of supportive seats, intuitive and user-friendly technology and a supremely well-cushioned ride. It also handles well and delivers strong acceleration. Standard features include an 8.4-inch touch screen, (just about big enough, but not quite), smartphone integration, and many Jeep safety technologies.
This lease is generously offered with a 12,000 miles per annum allowance on the base 2023 Grand Cherokee Laredo. Talk to your local Jeep dealer to ask about pricing and availability in your area.
2023 Buick Encore GX
Lease Deal: $259 per month for 24 months with $4,839 due at signing
The subcompact Buick Encore GX crossover has a good deal in its favor. It has spacious seats and decent cargo room. Moreover, it fares well in crash tests and comes packed with a wide array of imaginative safety aids. The Encore GX also handles and maneuvers nicely, and the ride quality is decent. Its 137-horsepower turbocharged three-cylinder base engine is fuel-efficient, but not notably powerful.
This leasing incentive is on the base 2023 Encore GX Preferred model with all-wheel drive. Availability may vary by state or district, so talk to your local Buick dealership.
2023 Nissan Rogue
Lease Deal: $299 per month for 36 months with $3,959 due at signing
The Nissan Rogue S has a premium interior and a light and roomy cabin and these help to make it one of the more popular compact SUVs. Fuel consumption is extremely good and its handling is near best in class. The Rogue brings you a quiet interior and some exceptionally supportive seats. It provides decent acceleration for city driving, though it can’t compete with the best for speed. Standard features include an 8-inch touch screen, smartphone connectivity and a wealth of advanced safety aids.
Nissan is offering this leasing promotion on the base 2023 Rogue S with all-wheel drive. Deals vary geographically, but so long as your credit rating is assured, a deal may be negotiable anywhere.
2023 Chevrolet Equinox
Lease Deal: $269 per month for 24 months with $3,109 due at signing
The Equinox offers a lot for the demanding driver. You get very good seats, decent cargo space, a composed ride, good fuel-efficiency and a sense of comfort inside. That said, it is not exactly a stand-out SUV compared to others, but it remains a very fine car and worth some attention when a great deal comes along. Predicted reliability scores are good. It comes equipped with Chevy’s Safety Assist bundle of driver-assist systems, an intuitive 7-inch touch screen (too small) and wireless smartphone connectivity.
This leasing promotion is on the 2023 Equinox LT with front-wheel drive. The LT trim includes a power driver seat, added exterior chrome accents, privacy glass, and remote rear seat fold-down levers. Current GM lessees may save $1,500 at signing. All in, it makes for a sound prospect.
2023 Kia Sorento
Lease Deal: $319 per month for 36 months with $3,499 due at signing
The Kia is one of the most inexpensive three-row SUVs, though its third row is rather small and would not suit most adults as a place to enjoy a long journey. It features a lovely premium interior, delivers good fuel economy, and has a history of respectable crash-test ratings. The Sorento has adult-friendly seats in the first two rows, with plenty of space for five. It delivers a comfortable ride, sufficient acceleration, and offers comparatively agile handling. The 2023 Sorento is equipped with a sleek 8-inch touch screen, smartphone connectivity, and it has Kia’s usual offering of advanced driver-assist systems.
This offer applies to the base 2023 Sorento LX with front-wheel drive. Shoppers with good credit can expect a lease payment of less than $350 on the Sorento in most locations.
Best SUV Lease Deals
- 2023 Mazda CX-5: $319 per month
- 2023 Hyundai Tucson: $239 per month
- 2023 Honda CR-V Hybrid: $359 per month
- 2023 Chevrolet Traverse: $369 per month
- 2023 Subaru Forester: $315 per month
- 2023 Jeep Grand Cherokee: $430 per month
- 2023 Buick Encore GX: $259 per month