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Best SUV Lease Deals, Purchase Deals, and Financing Incentives for May 2020

SUV Lease, Cash Back, and Financing Deals for May 2020

Many automakers are offering great SUV deals this May despite the economic downturn from the coronavirus pandemic. These deals cover ...

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Deals by Manufacturer

Best SUV Deals This Month

Deals are samples from the manufacturer. Availability may vary based on location. Contact your dealer for details and qualification. All prices exclude taxes, licensing, tags and other dealer fees.

Enter your zip code to see local deals:

2020 Dodge Durango

2020 Dodge Durango

MSRP: $30,795-$62,995

Get an additional $500 bonus cash »

2020 Dodge Durango

The following deals are sample deals. Enter your zip code to see deals in your area.

LEASE DEALS

  • $376 per month for 36 months on SXT Plus AWD (Expires: 06/01/20)

FINANCE DEALS

  • 0% financing for 36 months plus up to $750 bonus cash on select trims (Expires: 06/01/20)
  • 0% financing for 72 months on select trims (Expires: 06/01/20)

CASH BACK DEALS

  • $4,750 cash back on select trims (Expires: 06/01/20)

See All 

2020 Ford Edge

2020 Ford Edge

MSRP: $31,100-$43,265

2020 Ford Edge

The following deals are sample deals. Enter your zip code to see deals in your area.

LEASE DEALS

  • $329 per month for 36 months with $3,989 due at signing on SEL AWD (Expires: 06/01/20)

CASH BACK DEALS

  • $4,000 cash back on ST and Titanium (Expires: 06/01/20)

See All 

2020 Ford Escape

2020 Ford Escape

MSRP: $24,885-$36,835

2020 Ford Escape

The following deals are sample deals. Enter your zip code to see deals in your area.

LEASE DEALS

  • $269 per month for 36 months with $3,369 due at signing on SE FWD (Expires: 06/01/20)

CASH BACK DEALS

  • $1,500 cash back (Expires: 06/01/20)

See All 

2020 Ford Explorer

2020 Ford Explorer

MSRP: $36,675-$58,250

2020 Ford Explorer

The following deals are sample deals. Enter your zip code to see deals in your area.

LEASE DEALS

  • $309 per month for 36 months with $3,829 due at signing on XLT 4WD (Expires: 06/01/20)

FINANCE DEALS

  • 0% financing for 72 months (Expires: 06/01/20)

See All 

2020 GMC Acadia

2020 GMC Acadia

MSRP: $29,800-$48,300

2020 GMC Acadia

The following deals are sample deals. Enter your zip code to see deals in your area.

FINANCE DEALS

  • 0% financing for 84 months (excludes SL) (Expires: 06/01/20)

CASH BACK DEALS

  • $4,000 cash back (excludes SL) (Expires: 06/01/20)

See All 

2020 GMC Terrain

2020 GMC Terrain

MSRP: $25,000-$39,900

2020 GMC Terrain

The following deals are sample deals. Enter your zip code to see deals in your area.

FINANCE DEALS

  • 0% financing for 84 months (excludes SL) (Expires: 06/01/20)

CASH BACK DEALS

  • $4,500 cash back (excludes SL) (Expires: 06/01/20)

See All 

2020 Honda CR-V

2020 Honda CR-V

MSRP: $25,050-$34,750

2020 Honda CR-V

The following deals are sample deals. Enter your zip code to see deals in your area.

LEASE DEALS

  • $249 per month for 36 months with $2,899 due at signing on CR-V (Expires: 06/01/20)

FINANCE DEALS

  • 1.9% financing for 24 months (Expires: 06/01/20)

See All 

2020 Honda Pilot

2020 Honda Pilot

MSRP: $31,650-$49,720

2020 Honda Pilot

The following deals are sample deals. Enter your zip code to see deals in your area.

LEASE DEALS

  • $299 per month for 36 months with $2,799 due at signing on Pilot EX FWD (Expires: 06/01/20)

FINANCE DEALS

  • 0.9% financing for 24 months (Expires: 06/01/20)

See All 

2020 Hyundai Palisade

2020 Hyundai Palisade

MSRP: $31,975-$46,825

2020 Hyundai Palisade

The following deals are sample deals. Enter your zip code to see deals in your area.

LEASE DEALS

  • $339 per month for 36 months with $3,499 due at signing on Palisade SE (Expires: 06/01/20)

FINANCE DEALS

  • 1.9% financing for 60 months (Expires: 06/01/20)

See All 

2020 Jeep Cherokee

2020 Jeep Cherokee

MSRP: $25,840-$38,495

Get an additional $500 bonus cash »

2020 Jeep Cherokee

The following deals are sample deals. Enter your zip code to see deals in your area.

LEASE DEALS

  • $290 per month for 36 months on Trailhawk (Expires: 06/01/20)

FINANCE DEALS

  • 0% financing for 36 months plus $750 bonus cash on select trims (Expires: 06/01/20)
  • 0% financing for 72 months (Expires: 06/01/20)

CASH BACK DEALS

  • $2,500 cash back on select trims (Expires: 06/01/20)

See All 

2020 Jeep Compass

2020 Jeep Compass

MSRP: $22,280-$30,130

Get an additional $500 bonus cash »

2020 Jeep Compass

The following deals are sample deals. Enter your zip code to see deals in your area.

LEASE DEALS

  • $254 per month for 36 months on Latitude 4x4 (Expires: 06/01/20)

FINANCE DEALS

  • 0% financing for 36 months plus $750 bonus cash on select trims (Expires: 06/01/20)
  • 0% financing for 72 months (Expires: 06/01/20)

CASH BACK DEALS

  • $3,750 cash back on select trims (Expires: 06/01/20)

See All 

2020 Jeep Grand Cherokee

The following deals are sample deals. Enter your zip code to see deals in your area.

LEASE DEALS

  • $354 per month for 36 months on Laredo E 4x4 (Expires: 06/01/20)

FINANCE DEALS

  • 0% financing for 36 months plus $1,750 bonus cash on select trims (Expires: 06/01/20)
  • 0% financing for 72 months (Expires: 06/01/20)

CASH BACK DEALS

  • $3,750 cash back on select trims (Expires: 06/01/20)

See All 

2020 Jeep Wrangler

2020 Jeep Wrangler

MSRP: $28,295-$42,195

2020 Jeep Wrangler

The following deals are sample deals. Enter your zip code to see deals in your area.

LEASE DEALS

  • $199 per month for 36 months with $4,729 due at signing on Unlimited Sport 4x4 (Expires: 06/01/20)

FINANCE DEALS

  • 0% financing for 36 months on select trims (Expires: 06/01/20)

See All 

2020 Kia Sorento

2020 Kia Sorento

MSRP: $26,990-$41,890

2020 Kia Sorento

The following deals are sample deals. Enter your zip code to see deals in your area.

LEASE DEALS

  • $219 per month for 36 months with $3,499 due at signing on Sorento LX (Expires: 06/01/20)

CASH BACK DEALS

  • $4000 cash back (Expires: 06/01/20)

See All 

2020 Kia Telluride

2020 Kia Telluride

MSRP: $31,890-$43,790

2020 Kia Telluride

The following deals are sample deals. Enter your zip code to see deals in your area.

LEASE DEALS

  • $309 per month for 36 months with $3,499 due at signing on Telluride LX (Expires: 06/01/20)

FINANCE DEALS

  • 0.9% financing for 48 months (Expires: 06/01/20)

See All 

2020 Mazda CX-5

2020 Mazda CX-5

MSRP: $25,190-$37,155

2020 Mazda CX-5

The following deals are sample deals. Enter your zip code to see deals in your area.

LEASE DEALS

  • $225 per month for 36 months with $2,999 due at signing on CX-5 (Expires: 06/01/20)

FINANCE DEALS

  • 0% financing for 60 months (Expires: 06/01/20)

CASH BACK DEALS

  • $1,500 cash back (Expires: 06/01/20)

See All 

2020 Nissan Rogue

2020 Nissan Rogue

MSRP: $25,300-$33,040

2020 Nissan Rogue

The following deals are sample deals. Enter your zip code to see deals in your area.

FINANCE DEALS

  • 0% financing for 60 months plus $1,000 bonus cash (Expires: 06/01/20)

CASH BACK DEALS

  • $3,000 cash back (Expires: 05/31/20)

See All 

2020 Subaru Ascent

2020 Subaru Ascent

MSRP: $31,995-$45,045

2020 Subaru Ascent

The following deals are sample deals. Enter your zip code to see deals in your area.

LEASE DEALS

  • $319 per month for 36 months with $2,999 due at signing on Ascent (Expires: 06/01/20)

FINANCE DEALS

  • 0% financing for 63 months (Expires: 06/01/20)

See All 

2020 Toyota Highlander

2020 Toyota Highlander

MSRP: $34,600-$48,800

2020 Toyota Highlander

The following deals are sample deals. Enter your zip code to see deals in your area.

LEASE DEALS

  • $309 per month for 36 months with $2,999 due at signing on Highlander L (Expires: 06/01/20)

FINANCE DEALS

  • 1.9% financing for up to 60 months (Expires: 06/01/20)

See All 

2020 Toyota RAV4

2020 Toyota RAV4

MSRP: $25,950-$35,880

2020 Toyota RAV4

The following deals are sample deals. Enter your zip code to see deals in your area.

LEASE DEALS

  • $199 per month for 36 months with $2,999 due at signing on RAV4 LE (Expires: 06/01/20)

FINANCE DEALS

  • 0% financing for up to 60 months (Expires: 06/01/20)
  • 1.9% financing for 72 months (Expires: 06/01/20)

See All 

More on SUV Deals

Many automakers are offering great SUV deals this May despite the economic downturn from the coronavirus pandemic. These deals cover popular models like the Jeep Wrangler, Kia Telluride, and Ford Explorer, and they include special leases, low-interest financing incentives, and cash back discounts.

Compact SUV Lease Deals

It’s a good time to lease an SUV. A number of popular compact SUV models are backed with attractive lease incentives this May. For instance, 2020 Jeep Wrangler leases start at just $199 per month for three years with $4,729 due at signing. The 2020 Toyota RAV4 lease is $199 a month over the same term with just $2,999 due at signing. The best 2020 Mazda CX-5 lease calls for monthly payments of $225 for three years with $2,999 paid up front. Other good options include the 2020 Honda CR-V and 2020 Ford Escape. This month, Honda CR-V leases start at $249 per month for three years with a $2,899 initial payment, while Ford Escape leases require $3,369 at signing with payments of $269 a month over the same term.

Some of these SUV leases don’t even require a down payment. For instance, the best 2020 Jeep Compass lease calls for monthly payments of $254 for three years with zero due at signing. The 2020 Jeep Cherokee lease is for $290 a month for three years with zero down on the rugged Trailhawk model.

Midsize SUV Lease Deals

Upgrade to a midsize SUV if you need a bit more seating or cargo space. This May, the 2020 Ford Edge leases for $329 per month for three years with $3,989 paid up front. The best 2020 Kia Sorento lease calls for just $219 per month with $3,499 due at signing. The 2020 Honda Pilot is another affordable option. Honda Pilot leases start at $299 a month with $2,799 due at signing. The popular 2020 Kia Telluride leases for $309 a month for three years with $3,499 due at signing. The best Ford Explorer leases and Toyota Highlander leases also call for monthly payments of $309.

In certain regions, 2020 Jeep Grand Cherokee leases require $354 per month for three years with zero due at signing. It’s a similar story for the 2020 Dodge Durango. The best Dodge Durango lease requires no down payment and just $376 per month for three years.

The Subaru Ascent and Hyundai Palisade are recent additions to this segment. This month, 2020 Subaru Ascent leases start at $319 a month for three years with $2,999 due at signing, while 2020 Hyundai Palisade leases call for monthly payments of $339 with $3,499 down.

SUV Cash Back Deals

You can save a lot of money on your next SUV purchase by taking advantage of a cash back deal. These discounts can be applied directly to the purchase price. For example, the 2020 GMC Terrain is available with $4,500 cash back in certain regions. This incentive would slash the Terrain SLE’s starting price from $28,400 to $23,900. The 2020 GMC Acadia, Ford Edge, and Kia Sorento are each offered with $4,000 cash back. The Jeep Compass and Grand Cherokee are available with up to $3,750 cash back. The 2020 Nissan Rogue is another popular model, and this month it’s offered with a $3,000 discount. One of the biggest discounts is a $4,750 bonus cash offer on the 2020 Dodge Durango.

SUV Finance Deals

Zero percent financing deals are another great way to save money when purchasing an SUV. This month, you can finance the 2020 Jeep Wrangler and pay no interest for three years. That’s a terrific deal considering the national average interest rate for a new-car loan is about 4.33% for three-year terms. The best financing deals combine low interest rates and cash back offers. For example, the 2020 Jeep Grand Cherokee is available with zero percent interest for three years plus a discount of $1,750.

Most of these low-interest financing deals cover two- to six-year terms, but a few stretch their terms for up to seven years, like those offered on the 2020 GMC Terrain and Acadia.

While we strive to keep the deals listed here up to date, these offers can change and may not be available in all areas. The best source of information on current car or SUV deals is your local dealership. Use the link next to the vehicle you’re interested in to contact a dealer near you.

Best SUV Lease Deals

  • 2020 Dodge Durango: $376 per month
  • 2020 Ford Edge: $329 per month
  • 2020 Ford Escape: $269 per month
  • 2020 Ford Explorer: $309 per month
  • 2020 Honda CR-V: $249 per month
  • 2020 Honda Pilot: $299 per month
  • 2020 Hyundai Palisade: $339 per month
  • 2020 Jeep Cherokee: $290 per month
  • 2020 Jeep Compass: $254 per month
  • 2020 Jeep Grand Cherokee: $354 per month
  • 2020 Jeep Wrangler: $199 per month
  • 2020 Kia Sorento: $219 per month
  • 2020 Kia Telluride: $309 per month
  • 2020 Mazda CX-5: $225 per month
  • 2020 Subaru Ascent: $319 per month
  • 2020 Toyota Highlander: $309 per month
  • 2020 Toyota RAV4: $199 per month

Best SUV Cash Back Deals

  • 2020 Dodge Durango: $4,750 cash back
  • 2020 Ford Edge: $4,000 cash back
  • 2020 Ford Escape: $1,500 cash back
  • 2020 GMC Acadia: $4,000 cash back
  • 2020 GMC Terrain: $4,500 cash back
  • 2020 Jeep Cherokee: $2,500 cash back
  • 2020 Jeep Compass: $3,750 cash back
  • 2020 Jeep Grand Cherokee: $3,750 cash back
  • 2020 Kia Sorento: $4,000 cash back
  • 2020 Mazda CX-5: $1,500 cash back
  • 2020 Nissan Rogue: $3,000 cash back

Best SUV Financing Deals

  • 2020 Dodge Durango: 0% financing
  • 2020 Ford Explorer: 0% financing
  • 2020 GMC Acadia: 0% financing
  • 2020 GMC Terrain: 0% financing
  • 2020 Honda CR-V: 1.9% financing
  • 2020 Honda Pilot: 0.9% financing
  • 2020 Hyundai Palisade: 1.9% financing
  • 2020 Jeep Cherokee: 0% financing
  • 2020 Jeep Compass: 0% financing
  • 2020 Jeep Grand Cherokee: 0% financing
  • 2020 Jeep Wrangler: 0% financing
  • 2020 Kia Telluride: 0.9% financing
  • 2020 Mazda CX-5: 0% financing
  • 2020 Nissan Rogue: 0% financing
  • 2020 Subaru Ascent: 0% financing
  • 2020 Toyota Highlander: 1.9% financing
  • 2020 Toyota RAV4: 0% financing
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Car Deals: May 2020

We've compiled a list of the best car deals available in the U.S. for this month.

By Manufacturer:
U.S. News Best Price Program

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