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GMC knows how to make an SUV. The Yukon Denali is one of the more popular large SUV options at the moment, and for good reason. But, a gigantic 18-row V8-powered monster of a vehicle is not what everyone needs. Nor is the depreciation associated with buying a brand new SUV. That’s where this fantastic deal on a new 2021 Terrain compact SUV comes in.

The 2021 GMC Terrain is a bargain SUV

The 2021 GMC Terrain in white, photographed in profile
The GMC Terrain | Raymond Boyd via Getty Images

It’s time to talk up the Terrain a little bit. The smaller Terrain SUV is a fantastic option for those looking for something a little friendlier to live with and park than a full-fat Denali. Additionally, the Terrain boasts an excellent infotainment system found in other GMC models. However, it should be noted the interior is a little noisy and bland, per MotorTrend.

It’s all on the up and up from there, thankfully. The Terrain comes in front or all-wheel drive spec, great for winter weather. Surprisingly enough, the Terrain’s tiny 1.5-liter engine doesn’t leave you hanging when you ask for some get-up. This smaller motor also means the small SUV manages a fantastic 26/30 MPG in the city and on the highway.

Lease values are down

The rear of the GMC Terrain SUV
The GMC Terrain | Raymond Boyd via Getty Images

So, overall, not a bad little ride to be parked up in for a few years while you wait for all this semiconductor nonsense to blow over. Speaking of the lease, it’s about time to get down to brass tacks. The deal is nationwide, which means you won’t have to look very far to find a Terrain to lease; a nice upside nowadays. The term of the lease offer isn’t terrible, though a few months longer than some competitors at 39 months.

As for the money, it’s all good news for the GMC Terrain. Far and away the best news is just how little money is due at signing. A Honda HR-V needs more money down at signing than this more premium offering, which needs only $759 up front. Payments are equally as manageable, coming out to $249 a month. It’s slightly more money than other competitors, but you get what you pay for with the GMC Terrain.

Now may be the time to lease

The 2021 white Terrain SUV
The GMC Terrain | Raymond Boyd via Getty Images

To sum up, that’s really not a bad deal at all. With so little due at signing it’s hard not to jump at the offer. What’s more, it’s a perfect time to lease. A lease now would hypothetically allow you to take advantage of the high used market prices, without having to pay outright for another vehicle, new or used. You’re also able to keep away from the depreciation associate with newer vehicles by leasing, and that’s always a good thing. On top of that, you’re ending up in one of the more competitive offerings in the compact SUV segment, and for astoundingly little money upfront.

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