Autoblog and Yahoo may earn commission from links in this article.Should you lease a CX-5 this July?Not long after its launch, the new-generation Mazda CX-5 is already selling five times faster than expected in Japan. Despite controversial changes like a screen-dominated cabin, it appears that the new CX-5 will pick up right where the old one left off as Mazda's best-selling vehicle. This July, Mazda has launched a new lease deal for the 2026 CX-5 in the United States, making it painless to get behind the wheel of this compact crossover. Is it worth it? Let's break down the numbers.This Month's Mazda CX-5 Lease Deal2026 Mazda CX-5 GT AWDCole AttishaAlthough it's available in five trim levels, there's only one CX-5 leasing deal this month. That applies to the Select trim, which is one notch above the base S. The Mazda CX-5's lease price for this model works out to $318 per month over 36 months, with $3,999 due at signing. This deal excludes tax, title, licensing, and registration costs. The automaker includes 10,000 miles per annum and will charge $0.15 for every additional mile over this limit.AdvertisementAdvertisementThis Mazda CX-5 lease offer runs until July 31, 2026, and interested customers must take delivery by this date to qualify. We recommend visiting Mazda's official website and inputting your zip code, as alternative deals may be available in your area.If you'd prefer to purchase a CX-5, Mazda is also offering 0% APR and deferred payments for 90 days. This deal also expires on July 31. To buy, the 2026 Mazda CX-5 starts at $29,990 for the S and goes up to $38,990 for the S Premium Plus.Related: I Drove The All-New 2026 Mazda CX-5: Here's My Honest Review Of The Compact SUV For People Who Like DrivingMazda CX-5 Vs. Toyota RAV4 Lease Deals2026 Mazda CX-5MazdaView the 2 images of this gallery on the original articleAdvertisementAdvertisementThe most popular crossover in the compact segment for several years has been the Toyota RAV4, although recent supply constraints have affected its sales. Still, there is no bigger competitor for the CX-5 to overcome than the RAV4. Here's a look at current lease deals for these models.Mazda CX-5Toyota RAV4Lease cost per month$318$289Due at signing$3,999$3,999Lease term36 months36 monthsMiles per year10,00010,000Over 36 months, the Mazda is $1,044 pricier to lease, so the Toyota wins on paper. However, it's not quite an apples-to-apples comparison.The CX-5 Select isn't the most basic trim, whereas these numbers apply to the RAV4 LE, the lowest of the Toyota trim levels. This particular CX-5 comes with features the RAV4 LE doesn't have, such as leatherette upholstery, wireless phone charging, an additional pair of speakers, and an auto-dimming rearview mirror. The RAV4 fights back with a more powerful engine (225 to 187 horsepower) and much better economy, as only the Toyota has a hybrid powertrain. Overall, the RAV4 appears to be the slightly stronger deal, as it's cheaper and has better performance/economy. The Mazda's classier interior and better driving dynamics are the main reasons to choose it over the RAV4.2026 Mazda CX-5 GT AWDCole AttishaDisclaimer: This article is provided for informational purposes only. The information presented herein is based on manufacturer-provided lease offer information, which is subject to frequent change and may vary based on location, creditworthiness, and other factors. We are not a party to any lease agreements and assume no liability for the terms, conditions, availability, or accuracy of any lease offers mentioned. All terms, including but not limited to pricing, mileage allowances, and residual values, require direct verification with an authorized local OEM dealership. This article does not constitute financial advice or an endorsement of any particular lease or vehicle.AdvertisementAdvertisementRelated: 2026 Mazda CX-5 vs. 2026 Toyota RAV4 Hybrid: I Drove Both Compact SUVs—Here's My Honest Comparison ReviewThis story was originally published by Autoblog on Jul 7, 2026, where it first appeared in the Car Buying section. Add Autoblog as a Preferred Source by clicking here.