Best SUV Leases Under $300: January 2019

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Senior Pricing Analyst

Alex Bernstein is the Senior Pricing Analyst for CarsDirect.com. Each month he studies immense volumes of pricing and incentives data in search of trends that are useful to car shoppers. In the process, he often breaks industry news stories -- his analyses and insights have been featured on websites such as Automotive News, The Detroit News, Autoblog, The Truth About Cars and The Car Connection.

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, Senior Pricing Analyst - January 10, 2019

This month, we found 68 SUVs with a lease payment under $300 per month. At this price, your options range from a $21,000 Nissan Kicks SV to the over $36,000 Chevrolet Traverse LT.

However, not all deals are great deals because of the amounts due at signing. That's why we've calculated the effective cost of every SUV under $300 in the table at the bottom of this page.

Updated 3:12 pm

Best SUV Lease Under $300

Steep discounts make the Equinox one of the best SUVs you can lease for under $300. As we discovered in our monthly analysis of over 300 leases, we learned the model actually came out to be less expensive to lease than a Chevy Trax in places like California.

With an effective cost of $253, the Equinox LT is $32/month cheaper to lease than a 2018 Honda CR-V LX and $42/month more affordable than a 2018 Toyota RAV4 LE. You'll have a hard time finding a better value under $300.

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Cheapest SUV Under $300


If you're a current GM lessee, the Encore Preferred can be an extremely cheap SUV to lease. With a $1,500 loyalty discount, its effective lease cost in places like California can be as low as $230/month. Without the bonus, the cost rises to $268.

Even at $268, the Encore comes in $8/month cheaper than a 2019 Honda HR-V LX, a model with an MSRP that's $4,030 less expensive. If you're looking to lease a more expensive SUV for less money, add the Encore to your shopping list.

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Every SUV Lease Under $300

Here's every SUV lease we found with a payment under $300/month.

Effective Cost Model Monthly Payment Term Due at Signing Region More Info
$230 2019 Buick Encore Preferred 1SB (Current GM Lessees) $199 39 $1,199 California Get Details
$253 2019 Chevrolet Equinox LT (CA & Select States) [Non-GM Lessees] $199 39 $2,119 CA & Select States Get Details
$264 2018 Ford EcoSport SE 200A w/Convenience Pkg (Select Inventory) $189 36 $2,689 California Get Details
$268 2019 Buick Encore Preferred 1SB $199 39 $2,699 California Get Details
$274 2019 Mazda CX-3 Sport $205 36 $2,489 Los Angeles Get Details
$275 2019 Toyota C-HR LE $219 36 $1,999 Southern California Get Details
$276 2019 Honda HR-V LX $209 36 $2,399 National Get Details
$276 2019 Kia Sportage LX 2.4 FWD $199 39 $2,999 California Get Details
$284 2018 Mazda CX-5 Sport $215 36 $2,489 Los Angeles Get Details
$285 2018 Honda CR-V 2.4 LX $229 36 $1,999 National Get Details
$286 2019 Kia Sportage LX 2.4 AWD $209 39 $2,999 California Get Details
$286 2019 Volkswagen Tiguan 2.0T S $189 36 $3,499 CA, AZ, NV, OR, AK Get Details
$290 2019 Subaru Crosstrek 2.0i with Manual $235 36 $1,989 Los Angeles Get Details
$291 2018 Nissan Kicks SV with Two-Tone Roof (Plus $500 Bonus) $235 36 $1,999 Los Angeles Get Details
$292 2019 Chevrolet Equinox LT (CA & Select States) $199 39 $3,619 CA & Select States Get Details
$293 2018 Honda CR-V 1.5T EX $229 36 $2,299 National Get Details
$295 2018 Toyota RAV4 LE $239 36 $1,999 Southern California Get Details
$295 2019 Honda HR-V LX AWD $209 36 $3,099 National Get Details
$296 2019 Hyundai Kona SEL $229 36 $2,399 Los Angeles Get Details
$297 2019 Ford EcoSport SE 200A w/Convenience Pkg (Select Inventory) $219 36 $2,819 California Get Details
$298 2019 Honda HR-V Sport $229 36 $2,499 National Get Details
$300 2018 Honda CR-V 2.4 LX AWD $239 36 $2,199 National Get Details
$301 2019 GMC Terrain SLE 2WD (Current Non-GM Lessees) $259 39 $1,629 California Get Details
$304 2019 Subaru Forester 2.5i Base $255 36 $1,755 Los Angeles Get Details
$304 2019 Mazda CX-5 Sport $235 36 $2,489 Los Angeles Get Details
$306 2019 Kia Sorento LX 4-cylinder FWD $229 39 $2,999 California Get Details
$307 2018 Nissan Rogue Sport S AWD $199 36 $3,899 Los Angeles Get Details
$308 2019 Ford Flex SEL w/Appearance Pkg 202A (Select Inventory) $219 36 $3,219 California Get Details
$308 2018 Honda CR-V 1.5T EX AWD $239 36 $2,499 National Get Details
$310 2018 Ford Escape SE 200A (Select Inventory) $229 36 $2,909 California Get Details
$316 2019 Honda CR-V 2.4 LX $249 36 $2,399 National Get Details
$317 2019 Hyundai Santa Fe SE (fmr Santa Fe Sport) $239 36 $2,799 Los Angeles Get Details
$321 2018 Mitsubishi Outlander Sport 2.0 ES $244 39 $2,993 National Get Details
$321 2018 Honda CR-V 1.5T EX-L $249 36 $2,599 National Get Details
$321 2019 Honda HR-V EX $249 36 $2,599 National Get Details
$321 2019 Hyundai Tucson SE $249 36 $2,599 Los Angeles Get Details
$322 2019 Ford Escape SE 200A (Select Inventory) $239 36 $2,989 California Get Details
$324 2019 Jeep Cherokee Latitude 4x4 $219 42 $4,399 California Get Details
$326 2019 Kia Sorento LX 4-cylinder AWD $249 39 $2,999 California Get Details
$330 2019 Subaru Outback 2.5i with CVT $275 36 $1,989 Los Angeles Get Details
$331 2019 Nissan Rogue S AWD $239 36 $3,299 Los Angeles Get Details
$331 2019 Honda CR-V 2.4 LX AWD $259 36 $2,599 National Get Details
$332 2018 Mitsubishi Outlander 2.4 ES $269 48 $3,043 National Get Details
$335 2018 Jeep Renegade Latitude 4x2 $229 39 $4,149 California Get Details
$337 2018 Honda CR-V 1.5T EX-L AWD $259 36 $2,799 National Get Details
$340 2019 Honda HR-V EX AWD $259 36 $2,899 National Get Details
$340 2019 Jeep Compass Latitude 4x2 (Current FCA Lessees) $169 24 $4,099 California Get Details
$341 2019 Chevrolet Trax LT (National) $159 24 $4,369 National Get Details
$346 2019 Kia Sorento LX V6 FWD $269 39 $2,999 California Get Details
$350 2019 Honda HR-V EX-L $269 36 $2,899 National Get Details
$352 2019 Mitsubishi Outlander Sport 2.0 ES $274 39 $3,048 National Get Details
$355 2019 Toyota RAV4 LE $299 36 $1,999 Southern California Get Details
$355 2018 Toyota RAV4 Hybrid XLE AWD $299 36 $1,999 Southern California Get Details
$364 2019 Mitsubishi Outlander 2.4 ES $299 48 $3,098 National Get Details
$365 2019 Nissan Pathfinder S AWD $279 36 $3,099 Los Angeles Get Details
$366 2019 Kia Sorento LX V6 AWD $289 39 $2,999 California Get Details
$368 2019 Honda HR-V EX-L AWD $279 36 $3,199 National Get Details
$368 2019 Hyundai Santa Fe XL 3.3L SE $279 36 $3,199 Los Angeles Get Details
$373 2018 Nissan Murano S FWD (Plus $2,000 Bonus) $279 36 $3,399 Los Angeles Get Details
$374 2018 Mitsubishi Eclipse Cross ES AWD $249 36 $4,498 National Get Details
$377 2019 Jeep Grand Cherokee Laredo 4x2 (Current FCA Lessees) $269 36 $3,899 California Get Details
$383 2018 Honda CR-V 1.5T Touring $289 36 $3,399 National Get Details
$393 2019 Ford Edge SE (Select Inventory) $299 36 $3,389 California Get Details
$395 2019 Mitsubishi Eclipse Cross ES AWD $269 36 $4,543 National Get Details
$396 2019 Volkswagen Atlas S 2.0T $299 36 $3,499 CA, AZ, NV, OR, AK Get Details
$399 2018 Honda CR-V 1.5T Touring AWD $299 36 $3,599 National Get Details
$403 2018 Mitsubishi Outlander PHEV SEL AWD $289 36 $4,088 National Get Details
$411 2019 Chevrolet Traverse LT (CA & Select States) $289 36 $4,389 CA & Select States Get Details

, Senior Pricing Analyst

Alex Bernstein is the Senior Pricing Analyst for CarsDirect.com. Each month he studies immense volumes of pricing and incentives data in search of trends that are useful to car shoppers. In the process, he often breaks industry news stories -- his analyses and insights have been featured on websites such as Automotive News, The Detroit News, Autoblog, The Truth About Cars and The Car Connection.

Follow On: Google+ | Website