6 Best Luxury SUVs To Lease This Spring

Uwe Fischer / BMW

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With the average price of a car now roughly $48,000, according to Kelley Blue Book, many potential buyers are turning to leasing. Although leasing has its pros and cons, the main advantage for many is that leasing is typically much more affordable on a monthly basis than financing.

When it comes to luxury SUVs, the price difference can be even more significant, especially if you can score a deal from a manufacturer or dealer.

As of Spring 2025, here are some of the best deals available on a range of luxury SUVs, along with some tips on when it’s better to lease than finance.

Compact and Mid-Size Luxury SUVs

Compact and mid-size luxury SUVs typically range in price from $40,000 to $60,000. If financed for five years at a 5.9% interest rate, that translates to a monthly finance payment of roughly $771 to $1,157, assuming a down payment is only used to cover taxes and fees.

That’s a sizable payment, and one of the reasons why lease deals on compact and mid-size luxury vehicles are so attractive. Here are three well-regarded vehicles in this category with current lease deals.

Genesis GV70

The Genesis GV70 is described as “one of the best small luxury SUVs” by U.S. News & World Report, this “dynamic little crossover with a generous list of standard features” currently offers a lease deal of $529 per month for 36 months with $4,999 due at signing.

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BMW X1

The BMW X1 is a highly regarded, entry-level luxury SUV that lives up to BMW’s long-running reputation for top-notch German engineering. U.S. News & World Report dubs the BMW X1 “our highest-rated luxury subcompact,” with a “high-class interior” and “long list of standard features.”

You can currently lease the BMW X1 xDrive28i for $549 per month for 36 months, with a $3,155 down payment and $925 acquisition cost due at signing. 

Lexus NX

The Lexus NX offers one of the best deals available on a smaller luxury SUV, at $399 per month for 39 months with $3,999 due at signing. U.S. News and World Report says the SUV has “sharp styling, a high-quality interior, plenty of standard features and two rows of spacious seats.”

It’s also one of the most affordable luxury options available, whether you choose to buy or lease.

Larger and 3-Row Luxury SUVs

If you need a bigger luxury SUV, prepare to pay the price. Luxury SUVs generally start with an MSRP around $60,000 but can easily climb into the six-figure range.

Here are some of the best lease options that may help keep your monthly payments at an affordable level.

BMW X3

A step up in size from the well-regarded X1, the BMW X3 can be leased for $659 per month for 39 months, with $3,605 due at signing. According to U.S. News and World Report, “The BMW X3 blends performance and luxury better than almost every other small luxury crossover.”

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For those who appreciate brand-new vehicles, the BMW X3 has been totally redesigned for 2025.

Volvo XC60

The Volvo XC60 has consistently scored well in U.S. News and World Report rankings, and the 2025 version is no different. According to the site, the Volvo XC60 is “attractive and stylish, and the well-built interior features two rows of comfortable, supportive seats.”

Lease deals on the vehicle can be had for $575 per month for 36 months, with $3,899 due at signing.

Acura MDX

If you’re looking for a spacious luxury SUV, the Acura MDX might be on your radar. Lease deals on the highly rated SUV run for $459 per month for 36 months with $4,999 due at signing. While not as luxurious as some of the more expensive models, Car and Driver praises the Acura MDX for being a “fun-to-drive mid-size crossover with a premium cabin and a handsome look.”

When To Consider Leasing Instead of Financing

There’s no right or wrong answer when it comes to leasing vs. financing. Depending on your needs and desires, either of the two options could be the correct one. Generally speaking, however, these are the reasons why you might prefer leasing instead of financing:

  • If you want a lower monthly payment
  • If you only want to own a car during the warranty period
  • If you want to stretch your budget
  • If you have good credit
  • If you like always having a new car
  • If you don’t have money for a big down payment

If some or most of these apply to you, then leasing might make more sense. Otherwise, financing could be the right choice.

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Editor’s note: Leasing information is accurate as of April 30, 2025, and may vary by location.

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