Best Car Truck SUV Lease Deals of the Month

Read on if you're considering leasing a new vehicle this month.

Chris O'Neill | 

Aug 17, 2023 | 5 min read

Photos by Multiple Manufacturers

If you're looking to lease a new vehicle this month, you've come to the right place. Read on for a look at some of the best new car, truck, and SUV lease deals in August.

For consistency, Capital One sought out currently advertised offers using a Southern California ZIP code. Southern California is the country's largest new-car market, and it is not served by independent distributors that may set their prices, lease programs, and financing deals. Terms and offers are for qualified shoppers.

Genesis

2023 Genesis G70 2.0T RWD: $429 per Month for 36 Months With $3,699 Initial Payment

If you're looking for a deal on a practical performance car, look no further than the Genesis G70. A compact sports-luxury sedan similar to the BMW 3 Series, the G70 wears futuristic styling and packs rear-wheel-drive balance and turbocharged punch. Throughout August, lease a 2023 Genesis G70 2.0T for $429 per month for 36 months with $3,699 cash due at signing.

Honda

2023 Honda Ridgeline Sport: $329 per Month for 36 Months With $2,999 Initial Payment

Through Sept. 5, lease a 2023 Honda Ridgeline Sport for $329 per month for 36 months with a $2,999 initial payment. Though it's a pickup, the Ridgeline is built on a unibody SUV platform, so it offers creature comforts and convenience items you wouldn't expect on a midsize truck such as a built-in storage compartment under the bed floor. If you need a truck sometimes but not often enough to justify a traditional full-size pickup, there's a lot of value in the Honda.

Hyundai

2023 Hyundai Tucson SE: $271 per Month for 36 Months With $4,311 Initial Payment

Hyundai's compact SUV, the Tucson got a redesign just last year, and it now wears the sharp, modern design language the Hyundai brand has become known for. Throughout August, shoppers can lease a 2023 Hyundai Tucson SE for as little as $271 per month with $4,311 cash due at signing. Stepping up to the SEL model costs just $8 more per month.

Jeep

2023 Jeep Grand Cherokee 4xe: $399 per Month for 36 Months With $4,345 Initial Payment

The Jeep Grand Cherokee mixes an upscale cabin with rugged capabilities. Opt for the 4xe plug-in hybrid model, and you're looking at an estimated 26 miles of all-electric range, and 23 mpg thereafter. Overall it's a compelling package, and thanks to Jeep's inclusion of a $7,500 lease incentive, shoppers can lease a 2023 Grand Cherokee 4xe this month at $399 per month for 36 months with $4,345 cash due at signing.

Kia

2024 Kia K5 LXS FWD: $299 per Month for 36 Months With $3,199 Initial Payment

Formerly known as the Optima, the K5 is Kia's midsize sedan. It's available with either front- or all-wheel drive (AWD) and blends sharp styling with modern tech and value-oriented pricing. Through Sept. 5, shoppers can lease a 2024 Kia K5 LXS FWD for $299 per month for 36 months with $3,199 cash due at signing.

Mazda

2023 Mazda CX-30 2.5 S Select: $254 per Month for 33 Months With $3,999 Initial Payment

Mazda tends to offer a luxury experience at a mainstream price, and that's the case with the subcompact CX-30. Inside you'll find upscale materials and stylish design. On top of that, AWD comes standard. The CX-30's featured offer this month is a lease on the entry-level CX-30 2.5 S at $254 per month for 33 months with $3,999 cash due at signing.

Mazda

2024 Mazda CX-90 PHEV Preferred: $339 per Month for 33 Months With $4,162 Initial Payment

Mazda's newest model, the CX-90 is a premium three-row family SUV built on an all-new rear-wheel-drive-based platform, similar to what you'd find under a Mercedes-Benz or Genesis. This month, the automaker is offering shoppers of the 2024 Mazda CX-90 Plug-In Hybrid Preferred lease terms of $339 per month for 33 months with $4,162 cash due at signing. Mazda has built in a $7,500 lease cash deal to help lower those payments, too.

Nissan

2023 Nissan Altima SV FWD: $314 per Month for 36 Months With $3,084 Initial Payment

This month, shoppers can lease a 2023 Nissan Altima SV with front-wheel drive for as little as $314 per month for 36 months with $3,084 cash due at signing. A midsize sedan in the vein of the Toyota Camry and Honda Accord, the Altima sports a capable tech set with available ProPilot Assist; Nissan's semi-autonomous highway driving assist feature.

Ram

2023 Ram 1500 4x2 Big Horn Quad Cab: $349 per Month for 42 Months With $4,760 Initial Payment

Of all the featured lease offers in the Ram portfolio this month, the most enticing is arguably on the two-wheel-drive Big Horn Quad Cab model. Shoppers can lease one at $349 per month for 42 months with $4,760 cash due at signing. That initial payment goes a little further in this case given that the period on this lease is six months longer than most.

Subaru

2023 Subaru WRX: $385 per Month for 36 Months With $2,685 Initial Payment

Subaru's rally-inspired performance car, the WRX sends 271 horsepower to all four wheels via either a continuously variable automatic or a six-speed manual transmission. On top of that, it's also a practical four-door sedan, offering room for four to ride along pretty comfortably. Thanks to its low base price, it's possible to get a relatively affordable lease on a 2023 Subaru WRX. This month, Subaru is offering $385 per month for 36 months with $2,685 cash due at signing.

Chris O'Neill

I am an auto-industry veteran and a current MBA candidate at the University of Utah. After moving to Utah in October 2015 and being fascinated by the unique car culture of the region, I started an Instagram project highlighting the rare and distinctive vehicles I see in the Mountain West region. I enjoy sharing with others my unique perspective and passion for all things automotive. In my free time, when I’m not thinking and writing about cars, I enjoy photography, toying with my 2011 Volkswagen GTI and 1999 Toyota Land Cruiser, and exploring Utah with my girlfriend and two dogs.