Lexus Incentives and Lease Deals for February 2021
When it comes to leases, the 2021 Lexus LX and UX Hybrid offer Excellent value. The worst lease deals are on the 2021 Lexus RC F and 2021 LS, you'll want to stay away from leasing these models.
Of note for February, Lexus is offering up to $13,000 in cash rebates on the 2020 Lexus LS and $10,000 on the 2020 LS Hybrid. Overall, the average rebate across all Lexus models is currently $3,500.
As for low APR deals, Lexus is offering 0% financing for 60 months, plus up to $4,000 cash back on the 2020 Lexus LS Hybrid and 2020 LS.
Incentives can vary a lot by region. Always verify with your local dealers - I recommend using TrueCar and RydeShopper to quickly get local pricing and incentives.
Best Lexus Deals
Best Lexus Lease Deals
| Vehicle | Monthly Payment / $0 Down | |||
|---|---|---|---|---|
| MSRP | Payment | Value | Best Region | |
| 2021 Lexus LX | $89,690 | $825 /mo | Excellent | Northeast |
| 2021 Lexus UX Hybrid | $39,335 | $372 /mo | Excellent | Chicago |
| 2021 Lexus UX | $35,060 | $333 /mo | Excellent | Chicago |
| 2020 Lexus LS | $78,055 | $749 /mo | Excellent | Southeast |
| 2021 Lexus ES | $45,355 | $441 /mo | Excellent | West Coast |
| 2021 Lexus NX Hybrid | $45,405 | $442 /mo | Excellent | West Coast |
| 2021 Lexus RXL Hybrid | $60,060 | $596 /mo | Excellent | Southeast |
| 2021 Lexus RX Hybrid | $53,845 | $538 /mo | Excellent | West Coast |
| 2021 Lexus RXL | $57,435 | $577 /mo | Excellent | West Coast |
| 2021 Lexus GX | $58,240 | $584 /mo | Excellent | Southeast |
| 2021 Lexus ES Hybrid | $48,145 | $480 /mo | Excellent | Chicago |
| 2021 Lexus NX | $41,445 | $418 /mo | Good | Chicago |
| 2021 Lexus IS | $45,255 | $461 /mo | Good | Chicago |
| 2021 Lexus RX | $46,570 | $500 /mo | Good | Southeast |
| 2021 Lexus RC | $58,740 | $665 /mo | OK | Pacific NW |
| 2021 Lexus LC | $99,300 | $1,143 /mo | OK | Multiregion |
| 2021 Lexus LS | $78,210 | $924 /mo | OK | Southeast |
| 2021 Lexus RC F | $79,035 | $1,038 /mo | Poor | Northeast |
Best Lexus Cash Rebates
| Vehicle | Best Region | Max Rebate |
|---|---|---|
| 2020 Lexus LS | Multiregion | $13,000 |
| 2020 Lexus LS Hybrid | Southeast | $10,000 |
| 2021 Lexus LX | Nationwide | $4,000 |
| 2021 Lexus LS | Nationwide | $3,000 |
| 2021 Lexus UX | Chicago | $3,000 |
| 2021 Lexus LC | Nationwide | $3,000 |
| 2021 Lexus RC F | Nationwide | $3,000 |
| 2021 Lexus LC Hybrid | Nationwide | $3,000 |
| 2021 Lexus UX Hybrid | Chicago | $2,500 |
| 2021 Lexus RXL Hybrid | Nationwide | $2,500 |
| 2021 Lexus RX Hybrid | Nationwide | $2,500 |
| 2021 Lexus RXL | Nationwide | $2,500 |
| 2021 Lexus RX | Nationwide | $2,500 |
| 2021 Lexus ES | West Coast | $2,500 |
| 2021 Lexus GX | Nationwide | $2,500 |
| 2021 Lexus IS | Nationwide | $2,000 |
| 2021 Lexus RC | Nationwide | $2,000 |
| 2021 Lexus NX Hybrid | Nationwide | $2,000 |
| 2021 Lexus NX | Nationwide | $2,000 |
| 2021 Lexus ES Hybrid | Nationwide | $2,000 |
Best Lexus Finance Deals
| Vehicle | 60 mo |
|---|---|
| 2021 Lexus UX Hybrid | 0.9%
+$1,000 |
| 2021 Lexus UX | 0.9%
+$1,500 |
| 2021 Lexus RXL Hybrid | 0.9% |
| 2021 Lexus RXL | 0.9% |
| 2021 Lexus RX Hybrid | 0.9% |
| 2021 Lexus RX | 0.9% |
| 2021 Lexus RC | 0.9% |
| 2021 Lexus RC F | 0.9% |
| 2021 Lexus NX Hybrid | 0.9% |
| 2021 Lexus NX | 0.9% |
| 2021 Lexus LX | 0.9% |
| 2021 Lexus LS | 0.9% |
| 2021 Lexus LC Hybrid | 0.9% |
| 2021 Lexus LC | 0.9% |
| 2021 Lexus LC | 0.9% |
| 2021 Lexus IS | 0.9% |
| 2021 Lexus GX | 0.9% |
| 2021 Lexus ES Hybrid | 0.9% |
| 2021 Lexus ES | 0.9% |
| 2020 Lexus LS Hybrid | 0%
+$3,500 |
| 2020 Lexus LS | 0%
+$4,000 |
Best Lexus Deals
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My Recommendation for Car Shoppers
TrueCar No-Haggle, CarsDirect, and Ryde Shopper are the quickest way to see the lowest car prices in your area. These sites show you no-haggle prices from dealers closest to you - and the deals are usually really good. This should be the first step you take when negotiating your car price. Follow this up with my checklist to make sure you squeeze out every last bit of savings.- Gregg Fidan
Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
- Best Rebates, Incentives, and Lease Deals
- Latest Car Buying Scams and Tricks
- The Best & Worst Time to Buy a Car
- Which Cars You Should Avoid
I welcome your car buying questions. Email Me and I'll be glad to answer them!