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Leasing an SUV can be a great way to drive a new vehicle every few years. It’s a long-term commitment-free way to experience as many new vehicles as possible in a short time period. Some new SUV leasing deals are hard to resist. Independence Day is around the corner, and that means great deals. Here are some of the best new SUV lease deals of June.

The 2023 Honda HR-V is a great subcompact SUV to lease

A blue 2023 Honda HR-V subcompact SUV is driving in the snow, it's one of the best leasing deals right now.
The 2023 Honda HR-V | Honda

The Honda HR-V may not have always been a hit with consumers, but the 2023 model year is a pleasant surprise to the industry. Honda’s subcompact SUV has been completely redesigned (and rightfully so).

The HR-V’s exterior presented plenty of issues for drivers in previous years and was underpowered compared to rivals. The 2023 Honda HR-V addresses many of the issues consumers had with previous model years. It uses a 2.0-liter four-cylinder engine to make 158 horsepower and 138 lb-ft of torque. The subcompact SUV gets 26 miles per gallon in the city and 32 miles per gallon on the highway. It is praised for its handling and smooth ride quality.

Some consumers in the Northeast can lease a 2023 Honda HR-V for $259 a month for 36 months, with a payment of $3,399 due at signing for the HR-V 2WD LX configuration. That works out to $12,723 for three years with Honda’s subcompact SUV. It’s a great deal for drivers that only want to drive the new HR-V for a few years before considering a newer model year or a different vehicle entirely. This deal expires on July 5th, 2023. The latest HR-V model year has completely reinvigorated the nameplate with its redesign.

The 2023 Mazda CX-5 small SUV offers great value as a lease

A white 2023 Mazda CX-5 small SUV is parked.
The 2023 Mazda CX-5 | Mazda

The small SUV vehicle segment is the most popular vehicle segment in America. As a result, automakers produce several competitive models that battle for the top spot. The CX-5 may not be a best-selling SUV in its segment, but it arguably provides more value for the money than its more popular rivals.

The Mazda CX-5 is distinctly more refined than its competitors. It offers a near-luxury experience for a price that most consumers can afford. The 2023 CX-5 uses a 2.5-liter four-cylinder engine to make 187 horsepower and 186 lb-ft of torque.

Drivers can lease the 2023 Mazda CX-5 2.5S with all-wheel drive for $299 a month for 36 months with a payment of $2,999. That works out to $13,763 for three years with one of the best small SUVs on the market. If you want to experience the CX-5 without making a long-term commitment to owning the snazzy small SUV, this leasing deal is an attractive offer. This deal expires on July 5th, 2023 as well.

Should you lease a vehicle instead of buying it?

Owning a reliable vehicle for a long time period is often seen as the best way to get the most value out of a vehicle. That said, financing, depreciation, and mechanical issues can make vehicle ownership expensive and difficult for some drivers. Leasing a vehicle is an easy way to regularly experience new vehicles you’re interested in without having to deal with many of the responsibilities that come with vehicle ownership.


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