Best Luxury Lease Deals August 2026: Lexus NX 450h+
Part of our monthly best lease deals coverage. See all vehicle types ranked.
August 2026 keeps Lexus at the top of luxury SUV leasing for a fifth straight month. The NX 450h+ leads all luxury vehicles at 1.09% LVR, ticking up slightly from July’s 1.07%. The BMW iX, Audi A8, and Mercedes-Benz EQS SUV remain absent from the lease market for a second straight month, and the same five vehicles that filled the gap in July hold their spots again: Lexus NX 450h+, RX 450H+, Audi Q7, Volvo XC90, and Audi Q8.
Luxury sedans see real movement this month. The BMW 7 Series holds the top spot again at 1.18% LVR, completely unchanged. But the Audi A5 jumps from #4 to #2, improving to 1.23% LVR, while the Audi A3 slips to #3 at 1.25%. Two new 2027 model-year BMWs debut poorly: the 4 Series at 1.84% LVR and the 5 Series at 1.65%, both landing in walk-away territory while their 2026 counterparts remain solid picks. Every deal is ranked by Lease Value Ratio: monthly payment plus due at signing spread evenly across the term, divided by the sticker price. Lower is better. We separate luxury cars and luxury SUVs because they serve different buyers, but rank both on the same scale.
Top Luxury Lease Deals for August 2026 [Video]
- The Lexus NX 450h+ leads luxury overall for a fifth straight month, ticking up slightly to 1.09% LVR from 1.07% in July
- The Audi A5 jumps from #4 to #2 in luxury cars, improving to 1.23% LVR, while the Audi A3 slips to #3 at 1.25%
- Two new 2027 model-year BMWs debut poorly this month: the 4 Series at 1.84% LVR and the 5 Series at 1.65%, both walk-away territory, while their 2026 counterparts remain solid
- The BMW iX, Audi A8, and Mercedes-Benz EQS SUV remain absent from the lease market for a second straight month
Top 5 luxury SUV lease deals
Best luxury SUV lease offers for August 2026, ranked by Lease Value Ratio.
The best luxury lease deal on this page for a fifth straight month, ticking up slightly to 1.09% LVR from 1.07% in July as the monthly payment rose $10 to $559. Still the best ratio on this page by a wide margin.
If you want a luxury SUV and the plug-in hybrid powertrain works for you, this remains the deal of the month.
Holds #2 with completely unchanged terms from July. Lexus’s full-size plug-in hybrid SUV remains a strong result for the luxury segment on a $77,449 vehicle.
Both Lexus PHEVs significantly outperform their BMW and Mercedes-Benz competitors this month.
New to the luxury SUV top five in July and holds its spot again this month, improving slightly to 1.20% LVR. With the BMW iX and Mercedes EQS SUV still off the market, Audi‘s three-row gas SUV remains a genuinely competitive non-electric result even at Average tier.
At $619/month with $4,593 at signing on a $62,000 three-row SUV, this is a strong option if you want three-row luxury without a plug-in hybrid powertrain.
The Volvo XC90 improves slightly to 1.28% LVR from 1.29% in July as due at signing dropped to $7,149. It holds its top-five spot in a field still thinner than usual with several EV luxury SUVs absent.
At $599/month for a $62,000 three-row luxury SUV, this remains a solid non-electric option for buyers who want to avoid BMWs and Mercedes above 1.3% LVR.
Audi takes a second top-five spot again this month with its larger coupe-SUV, essentially unchanged at 1.31% LVR. The luxury SUV top five continues to lean heavily on Lexus and Audi with the BMW and Mercedes flagships absent.
Top 5 luxury car lease deals
Best luxury sedan and coupe lease offers for August 2026, ranked by Lease Value Ratio.
The BMW 7 Series holds the top spot in the luxury car rankings for a third straight month at 1.18% LVR, completely unchanged terms. With no serious Mercedes or Audi flagship competing at a similar rate, the 7 Series’ lead over the field continues.
If you are cross-shopping the ultra-luxury sedan segment and want the best LVR, the 7 Series remains the pick.
The biggest mover this month. The A5 jumps from #4 to #2, improving to 1.23% LVR as the monthly dropped to $499 and due at signing fell to $4,253 from $4,601.
At $499/month, this is now the second-lowest monthly in the luxury car top five, right behind the A3.
Slips from #2 to #3 this month as due at signing rose to $3,332 from $2,880, pushing the LVR to 1.25% from 1.22%. Still the lowest monthly payment in the luxury car top five at $409, and still the most accessible entry point in the category.
Completely unchanged terms from July, but drops from #3 to #4 as the Audi A5 leapfrogged it. Still $619/month for a $59,900 mid-size executive sedan, a steady result for BMW loyalists.
BMW’s entry-level executive sedan holds its #5 spot with unchanged terms. At $479/month on a $47,125 sticker, this remains the second-lowest monthly in the luxury car top five after the A3.
All luxury lease deals ranked
Every advertised luxury car and luxury SUV lease offer this August, sorted by value ratio. Click any column to sort.
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Sourced from manufacturer websites August 6, 2026. Includes Luxury Car and Luxury SUV body types. Offers vary by region and credit score. Value ratio = (monthly + at signing / term) / sticker x 100.
Luxury deals we evaluated but did not recommend
Notable offers that did not make the top five in either category
- 2026 Porsche Macan (ratio: 1.87%) The worst luxury lease in the database again this month, unchanged from July. At 1.87% on a $64,600 vehicle, this remains one of the worst values in the segment. The Lexus NX 450h+ at 1.09% delivers a comparable premium experience at dramatically better lease math.
- 2027 BMW 4 Series (ratio: 1.84%) A new model year debuts poorly. The 2027 4 Series lands at 1.84% LVR on a $53,300 sticker, walk-away territory, even though the outgoing 2026 model remains solid at 1.29%. Ask specifically for the 2026 model year if you want this car.
- 2027 BMW 5 Series (ratio: 1.65%) A second new BMW model year debuts weak this month. The 2027 5 Series sits at 1.65% LVR, while the 2026 version remains a top-five pick at 1.27%. Same pattern as the 4 Series: the outgoing model year is the better lease right now.
- 2026 Land Rover Defender (ratio: 1.73%) Walk-away territory, unchanged from July. The Defender remains the worst Land Rover on the list. Every Land Rover model this month sits at 1.35% or worse.
- 2026 BMW X2 (ratio: 1.71%) A continued underperformer given the strong results from Lexus and Audi elsewhere on this list, unchanged from July. The X2 sits in walk-away territory on a $44,300 entry luxury SUV, still BMW’s weakest non-2027 lease deal this month.
How to evaluate any luxury lease deal
The 30-second deal check
Luxury leases are particularly vulnerable to the headline payment trap. A $699 monthly payment looks very different depending on whether the car is $60,000 or $100,000. The Lease Value Ratio levels the comparison.
Take your monthly payment, add 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
For luxury vehicles, fair-tier deals (1.0% to 1.2%) are genuinely strong results. The segment rarely sees deals below 1.0% without EV credits. If a dealer shows you a gas luxury car above 1.5%, push back on the vehicle price first.
What the ratings mean
Luxury lease incentives are structurally weaker than mainstream brands because residual values are harder to predict and manufacturers protect their brand pricing. A fair-tier luxury deal requires either strong OEM financing or EV credits.
Frequently asked questions
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