SUV Lease Deals July 2026: Ford Expedition Surprises
Part of our monthly best lease deals coverage. See all vehicle types ranked.
July 2026 brings a genuine surprise to SUV leasing. The Hyundai IONIQ 9 holds the top spot for a fourth straight month, tightening to 0.81% LVR. Right behind it, the Ford Expedition debuts at #2 with 0.84% LVR, a gas-powered full-size SUV beating almost every EV on the list. That is a rare result this high in the rankings.
We ranked all 113 advertised SUV and luxury SUV lease offers this month by Lease Value Ratio: your monthly payment plus due at signing spread evenly across the term, divided by the sticker price. The lower the percentage, the more SUV you are getting for your money.
Best SUV Lease Deals for July 2026 [Video]
- The Hyundai IONIQ 9 leads all SUVs at 0.81% for a fourth straight month, tightening from 0.86% in June
- The Ford Expedition debuts at #2 with 0.84% LVR and just $997 due at signing, the best gas-powered SUV lease we have tracked in months
- Only 3 of 113 SUV deals reach Good tier (under 1.0%) this month: the IONIQ 9, Expedition, and Mitsubishi Outlander PHEV
- Best non-electric SUV outside the Expedition: the Subaru Ascent at 1.12%, ranked #9 overall
Best SUV lease deals right now
Top 10 SUV picks for July 2026, ranked by Lease Value Ratio.
A $59,000 three-row electric SUV for $369/month, holding the top spot for a fourth month in a row. The due at signing dropped to $3,999 from $4,999 in June, which is most of the improvement to 0.81%.
If you need a large family SUV and want the lowest ratio available, this is still the one to check first. This deal extends to August 3, giving you solid runway.
The surprise of July. A gas-powered full-size SUV at 0.84% LVR, beating almost every EV on this list. Ford is pairing a strong payment with only $997 due at signing, the lowest upfront cost in the entire top 10.
If you need three-row capacity and don’t want an EV, this is the deal to act on before it changes.
Holds a top-three spot again this month at 0.96% LVR, unchanged terms from June. At $299/month with the lowest due-at-signing of any Good-tier deal in this group at $3,298, this remains one of the strongest values on the page.
The 39-month term is slightly longer than standard, which helps keep the monthly low. If IONIQ 9 or Expedition availability is limited near you, this is the next-best value pick.
Honda builds the Prologue on GM’s Ultium platform and continues backing it with competitive lease incentives, though the monthly ticked up to $279 from $269 in June. Note the higher at-signing of $5,099, which adds meaningfully to the true comparison cost.
The September 8 expiry gives you the longest runway of any deal in this top ten.
The best luxury SUV deal this month, unchanged terms from June. A $66,675 plug-in hybrid Lexus at 1.07% beats most of the BMW and Mercedes-Benz lineup on ratio by a significant margin.
Still the strongest value among premium badge options this month.
New to the top 10. Mazda‘s plug-in hybrid crossover has the lowest monthly payment in this half of the list at $239, but the $7,909 at signing is the highest here by a wide margin. Run the adjusted monthly math before committing.
The offer expires July 31, earlier than most other deals in this top 10.
Mazda’s larger three-row PHEV lands right behind its CX-70 sibling, also new to the top 10. Like the CX-70, the low payment comes with a high due at signing, the highest of any deal in this group at $9,099.
Unchanged terms from June at 1.10% LVR and $329/month. A solid compact PHEV option with straightforward terms and a consistent $3,999 due at signing.
The best non-electric option in the top 10 outside the Expedition. Subaru‘s three-row gas SUV at 1.12% LVR is genuinely competitive against the plug-in hybrids surrounding it on this list.
Note the July 31 expiry, earlier than most other deals in this top 10.
Lexus takes a second top-10 spot with the larger RX 450H+. At 1.13% LVR on a $77,449 three-row luxury SUV, it rounds out the top 10 as the largest and most expensive vehicle in this group.
All SUV lease deals ranked
Every advertised SUV lease offer reviewed this July, sorted by value ratio. Click any column header to sort.
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Sourced from manufacturer websites July 8, 2026. Includes SUV, luxury SUV, wagon and crossover body styles. Offers vary by region and credit score. Value ratio = (monthly + at signing divided by term) divided by sticker times 100.
SUV deals we evaluated but did not recommend
Notable SUV offers that did not make the cut this month
- 2025 Hyundai Kona Electric (ratio: 2.96%) The worst SUV lease on the entire list again this month, and worse than June’s 2.90%. At 2.96% on a $34,050 vehicle, this is a clear walk-away. The regular Kona gas version is a dramatically better deal on the same platform.
- 2026 Mitsubishi Eclipse Cross (ratio: 1.95%) Deep in walk-away territory at more than twice the LVR of the Outlander PHEV from the same brand. If Mitsubishi appeals, the Outlander PHEV at 0.96% is the only offer worth considering.
- 2026 Porsche Macan (ratio: 1.87%) Even with the prestige of the Porsche badge, 1.87% LVR on a $64,600 SUV is not a competitive lease. The Lexus NX 450h+ at 1.07% provides a premium experience at a far better ratio.
- 2026 Volkswagen Golf GTI (ratio: 1.80%) Technically classified as a hatchback or wagon, the Golf GTI shows up in our SUV-adjacent sweep and misses the cut by a wide margin. At 1.80% on a $34,590 sticker, there is nothing compelling in the lease terms.
- 2026 Nissan Kicks (ratio: 1.76%) A small crossover at $309/month sounds reasonable until you account for the ratio. At 1.76% on a $22,430 sticker, this is walk-away territory for one of the segment’s more affordable names.
How to evaluate any SUV lease deal
The 30-second deal check
The monthly payment alone does not tell you if an SUV lease is a good deal. A $299/month offer on a $30,000 SUV is worse value than $499/month on a $60,000 one. The Lease Value Ratio puts them on equal footing.
Take your monthly payment, add the amount due at signing divided by the number of months, then divide by the sticker price and multiply by 100.
Value ratio = adjusted monthly / sticker x 100
Real example from this list: the Ford Expedition at rank 2 shows $498/month. Add $997 / 36 months = $28. True comparison cost is $526/month on a $62,700 full-size SUV. Ratio lands at 0.84%, a Good rating and proof that a gas SUV can still compete with the best EV leases this month.
One more factor: only 3 of 113 SUV deals reach Good tier this month, and one of them is a gas vehicle. That is unusual; most months the Good tier is EV and PHEV territory almost exclusively, driven by the $7,500 federal clean vehicle credit applied directly to the lease.
What the ratings mean
Every deal on this page gets a rating based on its Lease Value Ratio. Here is what each tier means for SUVs specifically.
What makes a good SUV lease deal in 2026?
There are four things that determine whether an SUV lease is genuinely good value or just looks good in the advertisement.
1. The Lease Value Ratio. This is the number we rank every deal by. Divide your true monthly cost (payment plus due at signing spread across the term) by the sticker price. In July 2026, only 3 of 113 tracked SUV deals reach Good tier (under 1.0%), and the median across the full list is 1.35%. Most mainstream gas SUVs land between 1.2% and 1.4% in a typical month.
2. The amount due at signing. A low monthly paired with a large due-at-signing is one of the most common ways a mediocre deal gets presented as a great one. The Ford Expedition this month is the opposite case: a strong monthly payment paired with just $997 down, which is why it ranks so high. Always ask what the payment would be at $0 due at signing before comparing deals side by side.
3. The lease term. A 24-month term spreads the upfront amount across fewer months, raising the effective comparison cost. A 39-month term like the Outlander PHEV spreads it further. The LVR calculation normalizes this automatically, which is one of the main reasons we use it instead of sorting by payment alone.
4. Whether you can use the EV credit. On an EV or plug-in hybrid lease, the manufacturer claims the $7,500 federal clean vehicle credit and passes it to you as a lower capitalized cost. You do not need to qualify based on income. This is still the primary reason most of the top 10 is electrified this month, but the Ford Expedition proves a strong gas deal can still break through when the incentive support is aggressive enough.
Frequently asked questions
These offers may vary based on location, credit score, and financing terms, and are not guaranteed. Use our free service to check discount car prices to get the best prices that include current manufacturer offers and incentives.
