27 Best SUV Lease Deals Under $499 in May 2024 – Drive Your Dream Car

Leasing is the new way that allows you to drive your dream car without having to go through the hassle of buying it. Today we have the best SUV lease deals of May under $499 for you.

If you have had your eyes on an SUV, then now might be the best time to go for it. SUVs are the ideal family cars and the best travel partners.

There is a wide range of types and styles available in the market, and we think our description of the features, lease deal, initial payment, & monthly payments, will make the task easier for you.

Below we share our picks for the best lease deals on SUVs you can claim this month.

SUVs are buyer’s new favorite. As better enhancements are done to these big-size utility vehicles, people of America are getting more inclined towards them. But buying a brand-new car is not always an option.

What Are the Hottest Lease Deals This May?

A lease deal is the best alternative to owning a car if buying one does not seem to fit into your budget. Every month makers have different offers & schemes on their existing models which allow buyers to drive a car that generally is out of their reach.

Though deals are not easy to find. But with the right guidance & help, even a rookie can end up with the best deal than an experienced one.

We are almost at the end of the sales year, so you will find many deals as the automakers try to clear out their existing models before the 2024 models arrive.

You can find lease deals on any type of vehicle, but today we bring you the best SUV lease deals. SUVs are of different kinds, and you can find a deal on each of them.

Different Types Of SUV Deals

• Compact SUV Lease Deals
• Midsize SUV Lease Deals
• SUV Financing Deals
• SUV Cash Back Deals

This May, you will find lease deals on some of the top SUVs that hold less than $499 as the monthly payment. If you act fast enough, you might be able to get your hands on the top redesigned models, latest arrivals, and best-featured cars.

Hyundai, Mazda, Chevrolet, Kia, and Subaru, are some of the top brands that are offering some of the best SUV lease deals. Apart from the above-mentioned SUV deals, some other lease deals that you can browse in your area are:

• 2024 Volkswagen Tiguan
• 2024 Subaru Outback
• 2024 Kia Sorento
• 2024 Mazda CX-9

Whether you are looking for the best small SUV lease deals or a bigger ride, you can find them all on the list that we have prepared for you.

Check Also:

• Best Car Lease Deals & Incentives.
• Best Electric Car Lease Deals & Incentives.
  

How Do You Lease a Car?

Leasing a car is somehow similar to buying one. You need to analyze your requirements, set up a budget and do your research to check out if the vehicle you like fits perfectly with your requirements and budget or not.

Buying and leasing a vehicle are two poles apart concepts. The biggest difference the two terms hold is that when you lease a car, you don’t own it, but when you buy it, you become its legal owner.

So if you want to capture the best luxury SUV lease deals in May, check out the steps that you should follow when leasing a new ride.

Steps For Leasing a New Automobile

1. Get Acquainted With Leasing
2. Design Your Lease Deal
3. Estimate Your Monthly Payment
4. Check for Manufacturer Lease Deals
5. Look for Edmunds Special Lease Offers
6. Find the Exact Car To Lease
7. Shop the Internet Department
8. Test-Drive the Salesperson
9. Negotiate Your Best Lease Payment
10. Review and Sign the Paperwork

27 Best Lease Deals SUV Under $499 – Drive Your Dream Car

Now that you know the best luxury SUV lease deals of May 2024 and are now familiar with the process of leasing a car, it is time we look at those hot deals.

Below we have detailed descriptions of the best lease deals on SUVs. So let us get started and have a look.

1. 2024 Kia Soul

Features Details

• MSRP: From $19,890
• Lease Price: $239 per month for 36 months
• Due at Signing: $2,799

One of the best SUV leases deals you can come across in May 2024 is on the Kia Soul model year 2024. Firstly, this compact car comes with a two-liter inline four-cylinder engine that can charge up to 147 hp giving you a top speed of 120 mph.

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Secondly, the majestic fuel mileage of 30 combined mpg, easy-to-use tech features, great reliability rating, and best safety features makes it one of the best & most reliable vehicles on this list.

Owning a brand-new one will cost you $19,890. However, with the lease, you will only have to pay $239 monthly for 36 months and $2,799 due at Signing.

2. 2024 Hyundai Tucson

Features Details

• MSRP: From $26,900
• Lease Price: $279 per month for 36 months
• Due at Signing: $3,999

The 2024 Hyundai Tucson holds one of the best compact SUV lease deals. It has user-friendly features, a comfy interior, poised handling, and an impressive predicted reliability rating.

This 5-seater features a 2.5-liter 4-cylinder engine pumping 187 hp and offering good fuel economy of up to 25 mpg in the city and 32 mpg on the highway.

You can own this car for an initial price of $26,900. However, if you lease it, you will only have to pay $279 monthly for 36 months. Furthermore, to complete the lease, you must submit $3,999 as the down payment.

3. 2024 Hyundai Kona

Features Details

• MSRP: From $22,140
• Lease Price: $209 per month for 36 months
• Due at Signing: $3,999

Considering the best midsize SUV lease deals this month, we suggest viewing the 2024 Hyundai Kona. This SUV comes with an initial MSRP of $22,140. However, with the lease deals of May, you can have it for $209 per month for about 36 months.

All you need to do is pay $3,999, due at signing. In this 2024 Kona, you get two four-cylinder inline engines that can attain 145 to 195 hp.

Hyundai Kona offers a smooth ride, a well-built cabin, smooth handling, and 5 star NHTSA safety rating that ensures a good driving experience.

4. 2024 Buick Encore GX

Features Details

• MSRP: From $25,900
• Lease Price: $259 per month for 24 months
• Due at Signing: $4,939

Buick Encore GX is a compact sport utility vehicle that can be yours for a lease deal of $259 per month for 24 months and $4,939 at the time of signing.

The Encore GX comes with two small 3-cylinder engines capable of boosting your ride from 137 to 155 hp. With this small yet powerful ride, you can attain a top speed of 120 miles per hour.

The spacious rear seats, large cargo capacity, and composed handling are some of the prime features of this SUV. With a fuel economy of 29 mpg in the city and 32 mpg on the highway, Encore is a definite money saver. You can get the model for a starting price of $25,900.

5. 2024 Kia Seltos

Features Details

• MSRP: From $23,340
• Lease Price: $269 per month for 36 months
• Due at Signing: $3,322

Another best SUV lease deal you can benefit from this month is the 2024 Kia Seltos. You can drive this automobile for a lease of $269 per month for 36 months, along with $3,322 at the time of signing.

2024 Kia Seltos holds a proud 4-star NHTSA safety and high-end reliability rating. The vehicle has two four-cylinder engines that can boost up to 175 horsepower.

Efficient fuel economy, refined interior, foldable rear seats, and good cargo space make it a good SUV to survey.

6. 2024 Mazda CX-30

Features Details

• MSRP: From $22,950
• Lease Price: $301 per month for 36 months
• Due at Signing: $2,999

The 2024 Mazda CX-30 offers you one of the best luxury SUV lease deals. The lease payment comes with a monthly payment of $301 for about 36 months.

You must pay $2,999 at the time of signing, and the deal is only valid through May. This subcompact SUV comes with standard tech features like an 8.8″ infotainment, smartphone connectivity, a Wi-Fi hotspot, voice recognition, a 7 “digital cluster display, and LED headlights, making it irresistible.

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The lively handling, sharp interior, and good cargo hold make the luxurious 2024 Mazda CX-30 a complete May lease specials package.

7. 2024 Toyota C-HR

Features Details

• MSRP: From $24,280
• Lease Price: $279 per month for 36 months
• Due at Signing: $2,999

Toyota holds one of the best lease deals for SUVs for May. The 2022 Toyota C-HR comes with a leasing deal expiring in May first week.

With a down payment of $2,999 and a monthly payment of $279 for 36 months, you can enjoy the subtle ride filled with many standard safety and tech features.

The 2-liter four-cylinder engine can power up to only 144 hp, which is disappointing for the class. Also, if you are looking for a ride to help you with your huge luggage, this Toyota might not be an ideal choice.

8. 2024 Nissan Rogue

Features Details

• MSRP: From $27,360
• Lease Price: $299 per month for 36 months
• Due at Signing: $3,969

The latest Nissan Rogue is a decent compact sport utility vehicle that you can lease specials out for a down payment of $3,969 and a monthly payment of $299 for 36 months.

Nissan Rogue is completely redesigned for 2024 and offers a 1.5 L 3-cylinder engine producing about 201 horsepower.

New 2024 Rogue SUV leasing deals provide a comfortable plus spacious interior. The swift handling and good fuel economy make it a good choice in its class.

9. 2024 Hyundai Santa Fe

Features Details

• MSRP: From $28,750
• Lease Price: $269 per month for 36 months
• Due at Signing: $3,999

Hyundai holds one of the best SUV lease deals for May 2024 with its 2024 Santa Fe. You can ride the Hyundai Santa Fe for a lease price of $269 monthly for 36 months. Furthermore, you must pay about $3,999 as the down payment at the time of lease signing.

Santa Fe is a highly reliable car with a four-cylinder engine that is strong enough to produce up to 277 hp and attain a top speed of 115 mph. Good gas mileage, poised handling, and a long list of features are some of the major highlights of the car.

10. 2024 Chevrolet Trax

Features Details

• MSRP: From $20,400
• Lease Price: $295 per month for 36 months
• Due at Signing: $1,295

The best SUV lease deals 0 down is what most buyers with tight budgets search for. But with current inflation times, it is difficult to find one. Still, you can look for rides with affordable buying options, and the 2024 Chevrolet Trax is one such good choice.

You can lease out this subcompact sport utility vehicle for a monthly payment of $295 for 36 months, with $1,295 due at the signing.

Chevy Trax comes with a small three-cylinder engine capable of charging 137 hp. This small ride is easy to maneuver and has an efficient infotainment system. It might not be as tough as its competitors, but it is a good choice if you are on a strict car budget.

11. 2024 Subaru Forester

Features Details

• MSRP: From $26,395
• Lease Price: $315 per month for 36 months
• Due at Signing: $2,790

When there is talk of SUVs, how can we leave out one of the most loved sport utility vehicles of all time, a.k.a, Subaru Forester?

If you are a Subaru enthusiast and want to ride this beast, then now is the time to act. If buying is out of your reach, leasing it might be a good idea.

You can lease out the 2024 Subaru Forester for a monthly payment of $315 for 36 months and a down payment of $2,790 at the time of signing. Forester offers a robust engine, good fuel economy, plenty of interior & cargo space, and the best tech options.

12. 2024 Subaru Ascent

Features Details

• MSRP: From $33,895
• Lease Price: $359 per month for 36 months
• Due at Signing: $3,259

The Subaru Ascent comes with a 4-cylinder engine powering up to 260 hp. The good gas mileage and towing capacity make it a perfect SUV to invest in.

With May 2024 lease deals making their way into the market, you can lease this Subaru for $279 monthly for 36 months.

However, if you would like to purchase, it will cost you about $33,895 for the base model.

13. 2024 Volkswagen Atlas

Features Details

• MSRP: From $35,150
• Lease Price: $469 per month for 39 months
• Due at Signing: $4,999

Another May lease deal that you should not miss is on the 2024 Volkswagen Atlas. The SUV can be yours on a lease of $469 per month for 39 months, with $4,999 due at the signing.

Atlas comes with two optional engines charging up to 276 hp with average fuel efficiency. You can buy the brand-new model for a base price of $35,150.

14. 2024 Buick Enclave

Features Details

• MSRP: From $44,800
• Lease Price: $469 per month for 36 months
• Due at Signing: $4,499

With an inline 6-cylinder engine, the Buick Enclave can charge up to 310 hp and attain a top speed of 131 mph. You can buy this beauty for an initial price of $44,800.

But checking out our May lease specials will make you realize you can have it for purchase deals of $469 per month for 36 months with a $4,499 deposit at signing.

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15. 2024 Subaru Crosstrek

Features Details

• MSRP: From $23,645
• Lease Price: $285 per month for 36 months
• Due at Signing: $2,585

The all-new 2024 Subaru Crosstrek, loaded with two four-cylinder engine options and excellent gas mileage, can be yours for an initial price of $23,645.

However, you can lease this SUV with the best lease deals for May 2024. You can have it for a monthly payment of $285 for 36 months, with $2,585 due at signing.

16. 2024 Volkswagen ID.4

Features Details

• MSRP: From $38,995
• Lease Price: $599 per month for 36 months
• Due at Signing: $3,999

Volkswagen ID.4 is an all-electric compact SUV that can charge up to 295 hp and has impressive gas efficiency.

You can own this electric beast for a starting price of $38,995. But if you like, you can drive it with the best compact SUV lease deals in May 2024. You need to pay $3,999 at signing, followed by a $599 monthly fee for 36 months.

17. 2024 Jeep Renegade

Features Details

• MSRP: From $27,805
• Lease Price: $322 per month for 42 months
• Due at Signing: $3,799

The Jeep Renegade has a base value of $27,805 if you intend to buy it. However, if you want to lease out this subcompact SUV, then you need to check out May 2024 lease deals.

For 2024 Renegade, you need to pay $3,799 at the time of signing, followed by a monthly fee of $322 for 42 months. The vehicle has a robust four-cylinder engine, good fuel efficiency, and affordable rates.

18. 2024 Chevrolet Trailblazer

Features Details

• MSRP: From $22,100
• Lease Price: $269 per month for 24 months
• Due at Signing: $5,039

The 2024 Chevrolet Trailblazer not only comes with some of the best purchase deals but also with some of the best lease deals.

You can lease out this compact sport utility vehicle with a monthly fee of $269 for 24 months and a base fee of $5,039 at the time of signing the lease. You can buy this vehicle for a base price of $22,100, making it one of the most affordable rides on this list.

19. 2024 GMC Terrain

Features Details

• MSRP: From $29,900
• Lease Price: $269 per month for 24 months
• Due at Signing: $4,769

You can buy an all-new GMC Terrain for an initial price of $29,900. But if you like, you can opt for the best lease deals for May and drive it for a monthly charge of $269 for 24 months.

To get this purchase deal, apart from monthly charges, you need to pay an initial payment of $4,769. The Terrain is one of the best SUV models of 2024, and you can purchase it for a starting value of $29,900.

20. 2024 Volkswagen Taos

Features Details

• MSRP: From $24,155
• Lease Price: $269 per month for 39 months
• Due at Signing: $4,999

The all-new 2024 Volkswagen Taos comes with an initial purchase price of $24,155. But if you don’t want to purchase, you can lease it out for a monthly payment of $269 for 39 months, followed by a down payment of $4,999.

The vehicle comes with a small 4-cylinder engine that gives impressive fuel efficiency. If you like, you can even purchase the ride after the deal ends if the leasing party provides such an option.

21. 2024 Chevrolet Bolt EUV

Features Details

• MSRP: From $27,800
• Lease Price: $319 per month for 36 months
• Due at Signing: $6,769

The 2024 Chevrolet Bolt EUV is an all-electric SUV with the best lease deals in May 2024. You can ride one with a signing amount of $6,769, followed by monthly charges of $319 for 36 months. The ride has a base purchase price of $27,800, and the all-electric engine gives great mileage.

22. 2024 Ford Bronco

Features Details

• MSRP: From $34,595
• Lease Price: $1,049 per month for 48 months
• Due at Signing: $3,999

Ford Bronco is among the May lease specials. The SUV comes with an MSRP of $34,595, but you can lease it with a down payment of $3,999 and monthly charges of $1,049 for 48 months.

2024 Bronco comes with optional four & six-cylinder engines that can charge up to 418 horsepower. However, the fuel efficiency is mediocre compared to others in the class.

23. 2024 Ford Bronco Sport

Features Details

• MSRP: From $29,215
• Lease Price: $419 per month for 36 months
• Due at Signing: $3,559

With a range of robust engines, the Ford Bronco Sport comes with a base price of $29,215. But with the best SUV lease deals in May 2024, you can lease it out for an initial payment of $3,559, followed by a monthly payment of $419 for 36 months. The engine options, good fuel efficiency, & spacious interior makes it a good choice.

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24. 2024 Ford Explorer

Features Details

• MSRP: From $36,760
• Lease Price: $577 per month for 36 months
• Due at Signing: $4,931

One of the most popular SUVs out there is the Ford Explorer. You can lease it for a monthly price of $577 for 36 months with an initial payment of $4,931. The three optional engines, high gas mileage, and good towing capacity justify the base MSRP of $36,760 well.

25. 2024 Jeep Grand Cherokee L

Features Details

• MSRP: From $43,035
• Lease Price: $445 per month for 39 months
• Due at Signing: $3,799

You can lease out the Jeep Grand Cherokee L with the lease deal of $3,799 due at the signing, along with a $445 monthly payment for 39 months.

The SUV comes with an initial price of $43,035, which makes up for amazing towing capacity, good gas efficiency, a robust engine, and 357 hp.

26. 2024 Jeep Wrangler

Features Details

• MSRP: From $31,195
• Lease Price: $466 per month for 42 months
• Due at Signing: $3,995

With May lease deals, you can lease out a 2024 Jeep Wrangler with $3,995 due at signing, followed by a $466 monthly payment for 42 months.

The vehicle has four optional engines capable of roaring up to 470 hp.

Also, the good fuel efficiency, adequate towing power, and affordable base price of $31,195 make it a good SUV to consider.

27. 2024 Volkswagen Tiguan

Features Details

• MSRP: From
• Lease Price: $249 per month for 39 months
• Due at Signing: $4,999

With an initial price of $26,950, the 2024 Volkswagen Tiguan offers a four-cylinder engine capable of boosting up to 184 hp and providing good gas mileage.

You can lease out this SUV for a signing amount of $4,999 plus the monthly payment of $249 for 39 months.

More on SUV May Deals

Almost every automaker making a sale in America tries to attract customers with different offers & deals now and then. Just like any other time of the year, this May is too filled with some of the best SUV deals.

An average SUV deal in May requires you to pay around $199-$499 monthly with about a down payment of around $3,000 with the term going from 3 to 4 years.

There are also financing deals available for you to explore.

Subcompact SUV Lease Deals

The subcompact is one of the prominent categories of SUVs that hold some of the best lease deals this May. Some of the best subcompact SUVs that you can lease out this month are the Jeep Renegade, Mazda X-30, and more.

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The Jeep Renegade can be yours for a down payment of $3,999, followed by a monthly payment of $199 per month for 36 months. Similarly, the 2024 Mazda X-30 can be your leased ride for a down payment of $2,999, followed by a monthly payment of $199 for 36 months.

Not only this, there are many other subcompact SUVs like the 2024 Chevy Trax, 2024 Subaru Crosstrek, etc., that you can explore this May.

Best Subcompact SUV May Lease Deals

• 2024 Hyundai Kona 
• 2024 Mazda CX-30 
• 2024 Toyota C-HR 
• 2024 Chevrolet Trax 
• 2024 Jeep Renegade 

Compact SUV Lease Deals

If you want an SUV for your growing family, then our list of compact SUV lease deals circulating this May will not hurt your bank balance.

You can lease out a good compact SUV like the Buick Encore GX for about a monthly payment of $199 for 39 months but with a downpayment of $4,389. It is one of the best compact models you can invest in this month.

Best Compact SUV May Lease Deals

• Kia Soul 
• Hyundai Tucson 
• Buick Encore GX 
• 2024 Kia Seltos 
• Nissan Rogue 
• Hyundai Santa Fe 
• Subaru Forester 
• Volkswagen ID.4 
• 2024 Volkswagen Taos 
• 2024 Chevrolet Bolt EUV 
• Chevrolet Trailblazer 
• Ford Bronco Sport 
• Jeep Wrangler 
• Volkswagen Tiguan 

Electric SUV Lease Deals

If you are someone who cares about nature a lot and is looking for a friendly SUV to lease out, then the 2024 Volkswagen ID.4 and 2024 Chevy EUV are the only ones on the lease offered this month.

You can lease out each of these SUVs for about 36 months. For ID.4, you need to pay a $379 monthly payment along with a downpayment of $3,573. However, the Bolt EUV can be yours for a monthly payment of $269 with a downpayment of $4,609.

Best Electric SUV May Lease Deals

• 2024 Volkswagen ID.4
• 2024 Chevrolet Bolt EUV

Midsize SUV Lease Deals

If you need extra space in your ride, then midsize SUVs are the best for you. The 2024 Ascent, and Atlas are some of the best vehicles in the class available for you to lease out.

You can lease out Subaru Ascent this month with a downpayment of $3,179, followed by a monthly payment of $279 for 36 months. Similarly, you can ride the Ford Explorer for an initial payment of $3,825 with monthly charges of $408 for 36 months.

Best Midsize SUV May Lease Deals

• 2024 Subaru Ascent
• 2024 Volkswagen Atlas
• 2024 Buick Enclave
• 2024 Jeep Grand Cherokee
• 2024 Ford Explorer

Best SUV Financing Deals

Some SUVs come with financing deals along with the lease deals whereas there are some that do not offer any financing deal with the lease deals. However, below we have handpicked the SUVs that offer lease deals as well as the financing ones too:

• Subaru Ascent: 0.9% financing
• Ford Explorer: 0% financing
• Subaru Forester: 0.9% financing
• Buick Enclave: 0% financing
• Buick Encore GX: 0% financing
• Volkswagen Atlas: 0% financing
• Subaru Crosstrek: 0.9% financing
• Jeep Renegade: 0% financing
• GMC Terrain: 0% financing
• Ford Bronco Sport: 0% financing
• Volkswagen Tiguan: 0% financing
• Jeep Wrangler: 0% financing

FAQs About Best SUV Lease Deals Right Now

Conclusion

Finding the best SUV lease deals in 2024 is not an impossible task. It sure is hard, but there is nothing you cannot find in this era of technology. The article sums up the top SUV deals of May and the details of monthly charges, period, & down payment. We hope this helps you in finding your next dream ride. So which SUV deal do you find most endearing?