Whether you’re spending your summer hauling the whole Peanuts gang (with Snoopy in back), thinking ahead to school carpooling, or leaving paved roads for some outdoor adventures, you don’t want to pay too much for your new ride.
There are some great SUV deals this July, from subcompact crossovers like the Chevrolet Trax to large SUVs such as the Ford Expedition and compact SUVs like the fuel-efficient Toyota RAV4 Hybrid. With refreshed SUVs arriving on dealer lots, General Motors is offering aggressive lease deals on this year’s models that start at less than $200 per month, and you can find generous zero percent finance deals and cash back on crossovers from Buick, Cadillac, Chevy, and GMC.
For more SUV finance deals and affordable leases, check out our frequently updated new car lease and finance deals, and find out how much you should pay for your new ride using our Best Price Program.
2016 Audi Q5
Deal: $1,000 cash back
The sporty Audi Q5 luxury compact SUV is more expensive than many of its peers, but a $1,000 cash back deal this July brings its price closer to theirs. Audi’s also offering lease deals with payments between about $400 and $500 with around $1,800 to $2,800 due at signing.
The Q5 currently holds the No. 4 position in our rankings of luxury compact SUVs and was a finalist for our Best Luxury Compact SUV for Families award. There are a number of trims available, from the mild Q5 Hybrid to the wild 354-horsepower SQ5. All are equipped with all-wheel drive and feature Audi’s conservative exteriors and technology-laden interiors. Cargo space is above average for the class, and it’s easy to access with a standard power liftgate.
2016 Buick Encore
Deal: Lease for $179 per month for 39 months with $2,199 due at signing on Encore 1SB Preferred Equipment Group
There’s a new Buick Encore on the horizon, and Buick’s clearing out their current inventory. Buick's lease deal for the 2016 Encore will cost you well under $200 per month for the subcompact SUV that holds the No. 4 slot in our rankings of the class.
If you prefer to buy, you can get zero percent financing for six years, which is a year longer than the typical no-interest finance offer. The current Encore garners both high safety and expected reliability ratings. It offers a cabin that is a bit more upscale than many in the class, though those finishes come at a cost; the Encore is one of the pricier cars in the segment.
Even base models of the Encore feature Buick’s Intellilink infotainment system that includes Bluetooth telephone connectivity and the ability to turn your car into a 4G LTE connected Wi-Fi hot spot.
2016 GMC Acadia
Deal: $1,750 total cash allowance or zero percent financing for six years
GMC’s offering up to $1,750 in cash back in many parts of the country on the 2016 Acadia 3-row crossover, but zero percent financing for up to six years can potentially save you much more, especially if you opt for a high-trim level Acadia.
Six years of no-cost financing is fairly unusual for a manufacturer to offer. Compared to taking the rebate and paying the national average interest rate for six years on the balance, the zero percent offer would save you more than $2,000 on a midrange Acadia model.
The 2016 GMC Acadia seats up to eight, with plenty of cargo room and the ability to tow up to 5,200 pounds when properly equipped. GMC’s also offering a $299 per month lease deal for 39 months on the 2016 Acadia SLE-1 with $3,349 due at signing and a mileage allowance of 32,500 miles.
2016 Cadillac SRX
Deal: Zero percent financing for six years plus $3,000 purchase bonus cash
Cadillac’s top-selling 2016 SRX has been replaced with the XT5 luxury crossover for 2017, and you can take advantage of the change with a six-year zero-interest financing deal plus $3,000 bonus cash on the outgoing model. Paying cash or bringing your own financing? You still get the $3,000 cash back.
The SRX is a good choice if you’re looking for a crossover with a luxury-class interior, quality materials, comfortable front seats, an ample cargo area, and a good price. However, it’s not a good choice if you often carry adults in the back or require the latest and greatest in high-tech features.
When it comes to driving dynamics, the SRX comes with a powerful V6 and a suspension setup that’s more tuned to cruising than enthusiastic driving.
2016 Chevrolet Trax
Deal: $199 per month for 39 months with $1,619 due at signing on Trax 1LT
Chevy’s offering a lease deal on the 2016 Chevrolet Trax, a subcompact SUV that gets a refresh this year and is currently tied for the No. 5 slot with the Mini Cooper Countryman in our rankings of subcompact SUVs. You can lease the Trax for less than $200 per month.
Best suited as an urban runabout, the Trax lacks the power found in many rivals. It does, however, have a standard 7-inch touch-screen infotainment system that works with your smartphone to inexpensively provide entertainment and navigation information. A rearview camera is standard.
If you prefer to buy, rather than lease, Chevrolet’s offering a $1,000 cash back deal on the 2016 Trax.
2016 Ford Expedition
Deal: Zero percent financing for five years to 2.9 percent financing for 75 months plus up to $4,000 bonus cash
There aren’t many big, truck-based SUVs available, so when there’s a deal on one you need to take a long look at it. The Ford Expedition hasn’t received a major update since 2007, but it still competes well, tying for the No. 3 slot in our rankings of large SUVs.
If you want to stretch out your payments to seven years, you can get 2.9 percent financing from Ford and still receive $4,000 bonus cash.
The Expedition is available in standard or EL long-wheelbase versions with either seven- or eight-passenger seating depending on whether you opt for a bench or bucket second-row seats. The EL boasts massive cargo space, and the Expedition can tow up to 9,200 pounds when properly equipped. That’s almost double the towing capacity of some full-size crossover SUVs.
2016 Honda CR-V
Deal: 0.9 percent APR for 24-60 months or 1.9 percent APR for 61-72 months
The top-ranked 2016 Honda CR-V dominates sales in the popular compact SUV segment. So, while the 0.9 percent financing deal might not look great, any deal on the market leader is a good deal. The CR-V garners excellent safety ratings and good fuel economy estimates, and it has a roomy, comfortable interior.
If you opt for the highest trim level, the CR-V is available with advanced safety and driver-assistance features including adaptive cruise control, forward collision warning and a collision mitigation braking system, lane departure warning, and lane keeping assist. Honda’s LaneWatch camera displays an image of your right lane blind spot on the 7-inch infotainment screen.
2017 Hyundai Santa Fe
Deal: 0.9 percent for up to five years or 2.9 percent for six years plus $500 bonus cash
The Hyundai Santa Fe and Santa Fe Sport have been refreshed for 2017, gaining a new look and an array of available advanced safety technology. This July, you can add a great finance deal to that list, with 0.9 percent financing for five years plus $500 bonus cash.
The Santa Fe Sport is the smaller of the two, seating five passengers in two rows. The Santa Fe is longer, with three rows of seats. The Santa Fe holds either six or seven passengers, depending on whether you choose a second-row bench seat or captain’s chairs. The Santa Fe’s third row, however, is only suitable for kids and is smaller than many of the segment’s third rows.
2017 Santa Fes have not yet made it into our ranking system, but the similar 2016 model was ranked No. 5 out of 16 models in the midsize SUV category.
2016 Jeep Cherokee
Deal: Up to $4,500 cash back depending on region and trim level
The Jeep Cherokee features some of the best off-road capabilities in the compact SUV class, where it is ranked No. 13 of 19 vehicles. Top trim levels are priced high for the class, but with up to $4,500 cash back in some regions, the Cherokee becomes a more compelling option.
Jeep’s mission with the Cherokee was to bring some of the off-highway prowess of the Jeep Wrangler to a more civilized, highway-friendly compact SUV. It’s available with a choice of two engines: a 2.4-liter four-cylinder or a 3.2-liter V6. Both use a sophisticated nine-speed automatic transmission to squeeze every possible bit of fuel efficiency out of the engines.
Jeep is also offering zero percent financing for up to 75 months plus up to $1,250 bonus cash, depending on the region and trim level.
2016 Kia Sorento
Deal: Zero percent financing for 66 months or 1.9 percent for six years plus $500 bonus cash or $1,500 cash back
Kia’s offering zero percent financing on the 2016 Sorento just in time for the 2017 models to arrive on dealer’s lots. If you can forgo Apple CarPlay, Android Auto, and a few available driver assistance and safety features that will come in the 2017, you’ll save money if you buy the 2016 model.
You’ll also get $500 cash back if you choose zero percent financing, or $1,500 if you pay cash or bring your own financing. The five-passenger Sorento was redesigned for 2016 and is tied for No. 9 out of 16 midsize SUVs with the Dodge Durango, Jeep Grand Cherokee, and Chevrolet Traverse.
If you’re interested in the features found in the 2017 Sorento, Kia is offering 0.9 percent financing for up to five years or 1.9 percent for six years with $500 bonus cash on the new model.
2016 Mazda CX-3
Deal: $259 per month for three years with zero due at signing and no first month's payment (Sport with front-wheel drive and automatic transmission)
Few entrants in the subcompact SUV segment have the agility and performance of the Mazda CX-3, which helps explain why it’s ranked No. 2 in this segment. This July, you don’t have to open your purse or wallet to take one home, at least not immediately, thanks to Mazda’s zero-due-at-signing lease offer.
There’s zero due at signing and no first month’s payment on a front-wheel drive CX-3 Sport model. It’s not the largest vehicle in the class, with cramped rear seats and a small cargo area, but it comes with a good deal of standard equipment and an array of available features, including a head-up display, not available anywhere else in the class.
It also has the highest EPA-estimates in the class, with 29 mpg in the city and 35 on the highway.
2016 Toyota RAV4 / RAV4 Hybrid
Deal: Zero to 0.9 percent financing for three to five years, based on your location
Depending on where you live, Toyota’s offering finance deals on the 2016 RAV4 and RAV4 Hybrid that range from good to awesome. If you live in the Gulf States, you can get either compact SUV with zero percent financing for five years.
The RAV4 Hybrid is tied for the No. 7 slot in our compact SUV category with the Nissan Rogue, while the more affordable (but less efficient) RAV4 holds the No. 12 slot. If most of your driving is done in the city, the RAV4 Hybrid’s EPA-estimated 34 mpg crushes most rivals, but on the highway others do just as well.
Many of these deals expire at the end of July, so it’s time to finish your research by checking our SUV rankings and then visiting our Best Price Program to find out how much you should pay for your new SUV.