Best Luxury Suv Lease Deals 2022 (2025)

FAQs

What is the best month for lease deals? ›

End of the year: October through December

They may be willing to negotiate with you for lower payments, lower upfront costs, and optional equipment. October - Everyone is excited to see the new models, so take advantage of this excitement and make a deal on a leftover model.

One reason to lease a luxury car is there is less depreciation when you give the vehicle back. A lease agreement is determined by the number of years you keep the car, how many miles you put on it, and the shape it's in when returned. Luxury cars retain their residual value.

Overall, only 8.5% of these high rollers paid cash. Around 31% leased and 60.4% took out a loan with an average payment of $2,201 and an average term of 56 months. For comparison, the general market in 2021 saw 9% of buyers paying cash, 20% leasing, and 70% taking out a loan.

In 2024, whether to buy or lease a car depends on your individual needs and lifestyle. With manufacturers pushing more attractive lease deals, leasing may become a more appealing option for many. Leasing is a great way to avoid the worst effects of today's high interest rates.

By trying to negotiate the lease disposition fee before the start of your lease agreement instead of toward the end of it, both parties are clear on what will happen from the outset. If you decide to lease or buy another vehicle of the same brand at the end of your lease, the fee may be waived automatically.

Year after year, Lexus tops the quality awards lists for best vehicles in their class. In 2017, U.S. News & World Report named the Lexus RX the Best Luxury 2-Row SUV for the money. Lexus was named the Best Overall Luxury Brand and Most Trusted Luxury Brand by Kelley Blue Book Brand Image Awards for 2017 and 2016.

It's partly because of the comfort. The GLC sits on the same platform as the C-Class and, perhaps afforded a bit of extra suspension travel by the higher ride height, it arguably rides even more sweetly.

So, not only will the dealership make money on the difference between the selling price and the actual value of the car, but they will also make money on the interest charged on the lease. All in all, it's a pretty sweet deal for the dealership, but not so much for the person leasing the car.

Is it ever smarter to lease a car? ›

Leasing helps protect you against unanticipated depreciation. If the market value of your car unexpectedly drops, your decision to lease will prove to be a wise financial move. If the leased car holds its value well, you can typically buy it at a good price at the end of the lease and keep it or decide to resell it.

Getting outside financing can save you thousands of dollars, since dealers mark up the interest rates for loans they arrange. Despite the lower monthly payments of a lease, the high price of cars has made leasing more expensive and less appealing. Before making a decision to buy or lease a car, do your research.

But what about the acquisition methods employed by America's millionaires? According to my national survey database of millionaires, overall only 11.3% [about 1 in 9] leased their most recently acquired vehicle. Also, only 13.8% of millionaires indicated that they leased a Mercedes-Benz [Toyota 8.0%].

A major factor in a lease payment is a projected high residual value. Genesis hasn't traditionally had the highest residual values, and without them, it's hard to get a low lease payment.

Generally, the best time to rent an apartment for a lower price is from November through March, when demand is lower. However, apartment hunting from May to September could be beneficial if you want a wider range of options since there tend to be more units available during these months.

Key Takeaways

Rental rates also tend to be higher during the summer months. The lowest rental rates are found during the winter months—October through April—with demand and prices reaching their nadir between January and March. An apartment search should begin in the middle of the month prior to the target move month.

If you want the best monthly deals, focus on a lease of 36-48 months (but first decide if you're happy to hold the car for that long) If you want to drive your car for less than two years, consider another option like a short-term car subscription (see below).

Most new models are introduced between July and October, so this is the time that you should try to lease to maximize your savings. 2) Holidays: Lease shoppers can find special dealership incentives during long holiday weekends, including President's Day, Memorial Day, July 4, Labor Day, and Thanksgiving.