Best Lease Deals on Small SUVs
If you're currently shopping for a new small SUV, I wanted to alert you to a drop in lease price on the 2016 Honda CR-V. Beginning on April 22nd, Honda added a dealer cash incentive on the LX trim, reducing the monthly lease price by $10.
The CR-V can now be leased from $219 for 36 months with $1,999 due at signing (12,000 mi/yr). According to CarsDirect, the CR-V can now be leased for less than all of its competitors (except the Ford Escape, which it ties). See below for an overview of the best lease deals in this segment.
Lease Deals on Small SUVs
|Vehicle||Best Lease Deal (Pmt/Due/Term)||Effective Monthly Lease Cost|
|2016 Honda CR-V LX||$219/36/$1,999||$275|
|2016 Ford Escape SE||$219/36/$1,999||$275|
|2016 Toyota RAV4 LE||$229/36/$1,999||$285|
|2016 Mazda CX-5 Sport||$229/36/$1,999||$285|
|2016 Jeep Cherokee Latitude||$224/$36/$2,999||$307|
|2016 Chevrolet Equinox LT||$199/24/$3,279||$336|
My Recommendation for Car ShoppersTrueCar No-Haggle, CarsDirect, and Ryde Shopper are the quickest way to see the lowest car prices in your area. These sites show you no-haggle prices from dealers closest to you - and the deals are usually really good. This should be the first step you take when negotiating your car price. Follow this up with my checklist to make sure you squeeze out every last bit of savings.
- Gregg Fidan
Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
- Best Rebates, Incentives, and Lease Deals
- Latest Car Buying Scams and Tricks
- The Best & Worst Time to Buy a Car
- Which Cars You Should Avoid