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The Best 2022 Luxury Car Deals With Cashback And Other Incentives

6 minute read

By Alannah Koene

A new vehicle is one of the most expensive things you’ll likely ever purchase, but automotive brands offer a variety of incentives to make getting a new vehicle more approachable. Cashback offers can lower the overall cost of the vehicle, and lease and finance options can make monthly payments more affordable.

With cashback offers and other incentives, you can take home the luxury car that best suits your lifestyle. Read below about the difference between these incentives and how to factor them into your decision. And then check out the list of luxury cars and their currently available incentives.

Finance vs. Lease Deals

Finance deals at 0% and terms longer than five years have been common, but most brands have switched to slightly higher APRs up to 2.9% and shorter deal ranges.

Leasing is also growing in popularity, and dealerships are offering more lease deals to match. But which is a better deal? It’s important to consider the amount you’ll pay for the same vehicle over a similar term. Leases payments are often lower than finance deals, but even higher finance payments might be worth it in the long term.


Should You Lease or Buy a 2022 Vehicle?

The other main incentive to consider is cashback deals, which is a rebate offered by vehicle manufacturers. These deals may be offered exclusively from lease or finance offers or combined with them to varying degrees. For instance, lease deals may be eligible for up to $1,000 cashback, but finance deals may only receive $500.

These can greatly affect the value of the deal for either finance or lease deals and should be accounted for accordingly. Regardless of which deal might best suit your situation, here are ten brand new luxury cars with great incentives.


1. 2022 Volvo XC60

A stylish hybrid, the 2022 Volvo XC60 is a compact and luxurious SUV crossover. In addition to a 19-mile electric driving range, it also features a nine-inch infotainment touchscreen with built-in Android Auto. MSRP starts at $55,345, but you can take advantage of leasing and financing offers.

Currently, you can lease the XC60 for $509 per month over a 36 month period with $429 due at signing. If you’d rather buy your vehicle, the XC60 is currently available at 2.49% APR and a loyalty bonus up to $1,000.

Source: Volvo

2. 2022 Volvo XC90

The Volvo XC90 is a luxurious three-row hybrid SUV. Built for shuttling families to school, work and other activities in comfort, it has glamorous interior styling and plenty of space for friends to come along. In addition to 18 miles of electric driving range, this AWD vehicle nearly matches the acceleration and torque of an electric vehicle.

MSRP starts at $64,800, but the XC90 can currently be financed for 2.49% APR for up to 60 months. The $1,000 loyalty bonus is also available for any 2021 or 2022 Volvo models.

Source: Volvo

3. 2022 Kia Stinger

The 2022 Kia Stinger delivers a similarly premium look compared to higher-end luxury cars. With a hatchback design, roomy interior and turbocharged engines, the Stinger offers a superior driving experience.

The starting MSRP is $36,290, but you can get up to $1,000 cash back from Kia on a new Stinger. It can’t be combined with finance or lease offers, which offer 0.9% APR for 60 months or $339 per month for 36 months, respectively.

Source: Kia

4. 2022 BMW X1

With an MSRP from $35,400, the 2022 BMW X1 is a five-seat luxury car available in a variety of packages to match your lifestyle. Sharp handling and perky engine capabilities make this car fun to drive around town and on the highway while still maintaining practical elements.

With a $2,275 down payment and $925 acquisition fee, the X1 is available to lease for $469 per month. For finance options, take advantage of 2.49% APR for up to 60 months on any new X1.

Source: BMW

5. 2022 BMW X5

The 2022 BMW X5 is a premium sports activity vehicle, featuring a minimalist but sleek interior and luxurious upholstery. With powerful engine options, the X5 combines the classic luxury of BMW with modern performance and capability, all from a starting MSRP of $60,600.

Like the X1, the BMW X5 is available to lease for $829 per month for 36 months with a $3,645 down payment. Alternatively, finance it from 2.49% up to 60 months.

Source: BMW

6. 2022 Cadillac XT4

As Cadillac’s smallest SUV, the XT4 delivers premium crossover features like spacious cabins and modern infotainment systems. It comes with twin-clutch all-wheel drive, as well as a turbocharged engine with up to 235 horsepower.

The starting MSRP for the basic luxury XT4 is $35,795. You can lease it for $419 per month over 36 months with $3,219 due at signing or finance it for 0% APR for 36 months. Alternatively, receive $500 cash toward the lease of a 2022 XT4.

Source: Cadillac

7. 2022 Cadillac XT5

Somewhere between the impactful Cadillac Escalade and the compact XT4, you’ll find the all-around luxury of the 2022 Cadillac XT5. The interior includes cut-and-sewn leather and natural woods, as well a reconfigurable space to provide up to 64 cubic feet of space. It comes with modern technology capabilities, such as wireless Apple CarPlay and Android Auto.

The MSRP starts at $43,995. Lease it from $459 per month over 39 months and receive up to $1,000 toward the lease. Well-qualified buyers can finance the XT5 at 0% APR for 36 months with a $500 purchase allowance.

Source: Cadillac

8. 2022 Mercedes-Benz GLE

A classically upscale option, the 2022 Mercedes-Benz GLE combines luxury with off-road performance. Able to carry up to seven passengers, the GLE includes a nine-speed automatic transmission and up to 26 highway mpg. The engine is capable of 0-to-60 mph in 7.1 seconds and up to 255 horsepower. It also includes a 12.3-inch infotainment system with voice-recognition command capabilities.

The GLE starts at $58,650 MSRP. Qualified customers can lease the GLE from $729 per month for 36 months with $4,373 due at signing.

Source: Mercedes

9. 2022 Audi Q3

The 2022 Audi Q3 is the smallest of the Audi SUVs but includes the same premium exterior and interior stylings. It has decent fuel economy with up to 26 mpg, and the perky engine is capable of 228 horsepower and 251 lb-ft of torque. Its touch display allows you to personalize the infotainment interface and swipe and scroll to access features.

The starting MSRP for the Audi Q3 is $36,400. Qualifying customers can finance new Q3s for 1.99% APR. Audi also includes special offers and programs for qualifying individuals, such as college graduates, first-time buyers, and active military.

Source: Audi

10. 2022 Audi Q7

A larger and higher-end alternative to the Audi Q3, the 2022 Audi Q7 is available from an MSRP of $57,500. Drive efficiently but powerfully with 22 mpg fuel economy and up to 335 horsepower and 369 lb-ft of torque. The exterior is consistent with Audi’s sleek designs, and the interior includes high-resolution infotainment screens, contemporary layout and comfortable seating.

Audi offers 1.99% APR financing options on new vehicles to qualifying customers, including the Audi Q7. You can also take advantage of any special programs mentioned above if you meet the eligibility requirements.

Source: Audi

Alannah Koene


Alannah Koene is a content writer based in Victoria, British Columbia. Although she writes for a range of topics, her professional writing often focuses on business and lifestyle. Spending much of her time exploring the outdoors through sport, Alannah aims to share her perspectives through writing and content.



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