August is the time to start thinking about fall adventures and the inevitable carpool. Whether it’s a Nissan Murano to haul your back-to-school shopping home from Old Navy or a Porsche Macan that can haul in a different way, August features enticing SUV lease and finance deals.
Leading the pack with a great finance deal this August is Cadillac, with a zero-percent finance offer, plus a ton of cash back on the 2016 SRX. Dodge isn’t far behind with a similar deal on the value-priced 2016 Journey. They’re not the only ones with zero-percent financing plus cash back offers; in fact, it seems like that’s a theme for August’s new car deals. If you prefer to lease, there is a $149 per month lease deal on the 2016 Buick Encore, in addition to a zero interest, cash back deal.
We’ve listed 13 of the best deals here, but if you don’t see the SUV you’re looking for, check out our frequently updated new car lease and finance deals sites, and find out how much you should pay for your new ride using our Best Price Program.
2016 Buick Encore
Deal: 0% financing for 60 months plus $750 bonus cash on Encore (Details below)
With the refreshed 2017 Encore expected to arrive at dealers soon, Buick is offering generous financing deals to clear out the inventory of 2016 Encore crossovers. This August, you can get zero-percent financing for five years plus $750 cash back on our No. 4-ranked subcompact SUV.
If you chose to bring your own financing, you can get up to $1,500 cash back, and lease customers can take advantage of a $149-per-month lease for 39 months with $4,626 due at signing.
The Encore was one of the earliest offerings in the burgeoning subcompact SUV market and has a more upscale interior than most of its class rivals. It’s also one of the quietest, with active noise cancellation to insulate passengers from the noisy ride common in many vehicles its size. The Encore touts an above-average reliability rating and earns a five-star overall crash test rating from the National Highway Traffic Safety Administration.
2016 GMC Acadia
Deal: 0% financing for 60 months plus $750 bonus cash on Acadia (Details below)
For 2017, the GMC Acadia is being replaced with a smaller, lighter model, but if you prefer the big, 3-row 2016 model, you can get a great deal this August. GMC is offering a zero-percent finance deal for five years, plus you get $750 cash back.
Compared to a conventional loan at the national average interest rate of 3.12 percent, the zero-percent offer with the cash back could save you about $3,250 in interest charges over the life of the loan on a base Acadia, which is priced at $30,975.
The 2016 Acadia seats up to eight, or seven if you opt for captain’s chairs in the second row. Power comes from a 3.6-liter V6 that has adequate power for light loads or the weekday carpool but is a bit weak when the Acadia is fully laden or towing.
2016 Cadillac SRX
Deal: 0% financing for 72 months plus $5,000 purchase bonus cash (Details below)
The best SUV finance deal this August comes from Cadillac as they continue to clear out dealer inventories of the 2016 SRX to make room for its replacement, the 2017 XT5. They’re offering zero-percent financing for six years, plus a whopping $5,000 cash back.
The 2016 Cadillac SRX is currently in a multi-way tie for the No. 15 slot in our crowded luxury midsize SUV class, with the age of its technology and a cramped rear seat contributing to the low ranking. However, compared to many of its peers, it is a good value; it's thousands less than the class average. Base price for an SRX is $37,605.
2016 Dodge Journey
Deal: Up to $4,750 cash back (Southeast) (Details below)
With a base price of $20,995, the Dodge Journey is already one of the least-expensive midsize SUVs that you can buy. In some parts of the country, you can take up to $4,750 off its price this August, making it a decent alternative to buying a used SUV.
The Journey resides at the bottom of our rankings of midsize SUVs due to factors ranging from a weak base engine to lower-than-average safety and predicted reliability rankings. However, buying one in lieu of a used car gives you the security of knowing how much your car will cost each month, without the uncertainty of unexpected repair costs on a used vehicle.
Seating and cargo flexibility is one of the Journey’s top features, but overall cargo room lags the segment by a large margin.
2016 Ford Escape
Deal: 0% financing for 36 to 72 months, or 2.9% financing for 75 to 84 months, plus $1,000 bonus cash (Details below)
There’s a new Ford Escape arriving in dealer showrooms, so Ford is clearing out the 2016s this August with a zero-percent financing deal for up to six years, or a 2.9 percent offer for up to seven years, plus you’ll get $1,000 cash back on the popular compact SUV.
The 2016 Escape comes in a variety of models, ranging from utilitarian to fairly luxurious, with engine choices that include Ford’s powerful yet efficient EcoBoost technology. For 2016, the Escape could be equipped with Ford’s SYNC 3 infotainment interface, which represents a dramatic improvement over the Escape’s previous MyFord Touch system.
It’s available in front- and all-wheel drive configurations, starting at $23,590.
2016 Jeep Renegade
Deal: 0% financing for up to 60 months plus up to $1,000 cash back (Details below)
Zero-percent financing with cash back seems to be in vogue this August, and Jeep’s not going to be left out of the party. The Jeep Renegade is available in many parts of the country with zero-percent interest for five years, plus you’ll get up to $1,000 cash back.
The spunky Renegade brings Jeep’s legendary off-road prowess to the subcompact SUV segment while not sacrificing the on-road performance that most buyers enjoy every day. The Renegade is currently tied with the Honda HR-V for the No. 2 slot in our rankings of the subcompact segment.
Other subcompact SUVs have longer standard feature lists, so despite the Renegade’s low base price, equipping it with the features found on other subcompact SUVs will quickly bring its price to their level.
2016 Kia Sorento
Deal: 0% financing for 66 months or 1.9% for 72 months plus $500 bonus cash (Details below)
The Kia Sorento holds the No. 5 slot in our rankings of midsize SUVs, and this August you can put one in your garage with a zero-percent financing deal for up to 66 months; you’ll get $500 cash back too.
They’re offering 1.9 percent financing for up to six years as well, but you’re better off taking the zero-percent offer because your payments on a base model will only be about $11 more per month, and you’ll be done with the loan six months earlier. By shortening the term, you’ll save more than $1,400 on your Sorento.
The base Sorento is a great deal and comes with a 10-year/100,000-mile powertrain warranty. However, as you add options and move up in trim levels, the Sorento’s value proposition fades, as its price steeply increases to approach the prices of others in the class.
2016 Mercedes-Benz GLE –Class
Deal: $579 per month for 36 months with $5,373 due at signing on GLE350 (Details below)
Want to take the kids back to school in style? This August you can lease a 2016 Mercedes GLE350 for $579 per month for three years with $5,373 due at signing. If you need all-wheel drive, the GLE350 4MATIC is available for $599 per month with $5,593 due at signing.
What’s a GLE, you might ask? It’s a refreshed and renamed version of the former M-Class. The GLE currently ranks mid-pack in our ratings of luxury midsize SUVs, in a tie with the 2017 Cadillac XT5. It’s available with a range of engines from mild to wild, including a plug-in hybrid and an earth-shaking 577-horsepower biturbo V8.
Luxury SUVs cover a wide spectrum from sporty to plush, and most versions of the Mercedes GLE tend toward the more comfortable end of the segment. The GLE is U.S. News and World Report’s 2016 Best Luxury 2-Row SUV for Families award winner.
2016 Nissan Murano
Deal: 0% financing for 36 months plus $1,000 bonus cash (Details below)
Nissan is offering zero-percent financing for three years with $1,000 bonus cash this August on the SUV that’s tied at the top of our midsize SUV rankings with the Toyota Highlander. The 2016 Nissan Murano starts at $29,660 and features a premium cabin with exceptionally comfortable seats.
The Murano earns EPA fuel economy estimates that are better than the class average. It’s only available with one powertrain: a 260-horsepower V6 linked to a continuously variable transmission. Front-wheel drive is standard, and all-wheel drive is available.
The 2016 Murano seats five and can hold up to 69.9 cubic feet of cargo with the 60/40 split rear seats folded forward. It was also the winner of our 2016 Best 2-Row SUV for the Money and Best 2-Row SUV for Families awards.
2017 Porsche Macan
Deal: $699 per month for 36 months with $3,999 due at signing (Details below)
If you’re aching to get behind the wheel of a Porsche SUV before summer ends, Porsche’s offering the 2017 Macan for $699 per month on a three-year lease with $3,999 due at signing. The more powerful Macan S can be had for $799 per month with $4,999 due at signing.
The 2016 Macan is currently our top-ranked luxury compact SUV, lauded for its powerful engines and sports-car handling. Porsche is our 2016 Best Luxury Brand winner, and the Macan features high projected reliability ratings.
Those are good deals for a Porsche, but if you have some brand flexibility, you might be able to save some money by looking at other luxury marques. You can lease a 2016 BMW X4 xDrive35i this August for $509 per month for three years with $4,434 due at signing.
2016 or 2017 Subaru Forester
Deal: 0% financing for a limited term (Details below)
Both the 2016 and 2017 models of Subaru’s versatile all-wheel-drive Forester are available this August with a zero-percent SUV financing offer for a limited term. The 2017 Forester has refreshed styling, improved fuel economy, and upgrades to its suite of EyeSight driver assistance features.
The 2016 Forester holds the No. 9 slot in our rankings of compact SUVs, which puts it squarely in the middle of the segment. The Forester is designed more for utility and capability than style. It has plenty of passenger space, plus excellent cargo room compared to other compact SUVs.
Pricing for the 2016 starts at $22,395, while the 2017’s base price has been bumped a bit to $22,595. All Forester models come standard with all-wheel drive.
2016 Toyota RAV4 Hybrid
Deal: 0% financing for 48 months or 0.9% financing for 60 months (Northeast, Southern California, Midwest), 0% financing for 60 months (Gulf States) (Details below)
In most of the country, you can get a zero-percent financing deal this August on the 2016 Toyota RAV4 Hybrid. The RAV4’s impressive EPA-estimated 34 mpg in the city and low projected long-term ownership costs helped it to earn our 2016 Best Hybrid SUV for the Money award.
The RAV4 Hybrid is currently ranked No. 7 in our ratings of compact SUVs, tied with the 2016 GMC Terrain. The hybrid powertrain gives it a higher base price than most others in the class, but if you plan to keep it for a long time, the initial cost could be offset by fuel savings. Base price is $28,370.
2016 Volkswagen Tiguan
Deal: Lease for $189 per month for 36 months with $2,499 due at signing
August brings an excellent lease deal on the 2016 Volkswagen Tiguan S, which is tied with the 2017 Chevrolet Equinox for the No. 10 slot in our compact SUV segment. You can lease the Tiguan S for $189 per month for three years with $2,499 due at signing.
The Tiguan has a sportier demeanor than many in the class and an upscale, yet simple interior. Age has taken its toll on the small crossover, however; others in the class offer more features, plus advanced safety and infotainment technology that’s not offered on the Tiguan.
You’ll want to start your research soon, as many of these deals expire around Labor Day. Check out our SUV rankings and then visit our Best Price Program, where buyers save an average of more than $3,200 compared to MSRP.