Lexus Incentives and Lease Deals for May 2024
When it comes to leases, the 2024 Lexus IS and ES offer Excellent value. The worst lease deals are on the 2025 Lexus UX Hybrid and 2025 NX, you'll want to stay away from leasing these models.
Of note for May, Lexus is offering up to $10,000 in cash rebates on the 2023 Lexus RZ Electric and $7,500 on the 2024 RZ Electric. Overall, the average rebate across all Lexus models is currently $8,800.
As for low APR deals, Lexus is offering 0% financing for 72 months on the 2023 Lexus RZ Electric.
Lexus Lease Deals Summary
Looking at the data for Lexus lease deals over the past year, we can note that the "Bang for Buck" value, which indicates the value of the lease deal by dividing the MSRP by the Monthly Payment, has remained fairly consistent. The range for Lexus leases over the last 12 months is between 74 and 77, with an average of 75.
The current lease deals, with a B4B of 77, are slightly better than the past year's average, so now may be a decent time to look at leasing depending on model.
Note: fluctuations you see in the chart when it comes to monthly payments is a combination of Bang for Buck values and changes in trim levels and MSRPs promoted in advertised lease deals. There will not always be a perfect correlation between B4B and average monthly payments due to changes in MSRPs.
Best Current Lexus Lease Deals May 2024
Vehicle | Monthly Payment / $0 Down | ||||
---|---|---|---|---|---|
MSRP | Payment | Value | Best Region | Deals | |
Lexus RZ Electric 2023 450E Premium | $62,180 | $431 /mo | Excellent | Northeast | |
Lexus RZ Electric 2024 450E Premium | $61,200 | $556 /mo | Excellent | Northeast | |
Lexus IS 2024 300 | $44,680 | $470 /mo | Excellent | Southeast | |
Lexus ES 2024 350 | $47,140 | $527 /mo | Excellent | Multiregion | |
Lexus RX 2024 350 Premium | $55,055 | $643 /mo | Good | Chicago | |
Lexus NX Hybrid 2024 450h+ | $64,415 | $750 /mo | Good | Chicago | |
Lexus RX Hybrid 2024 500h F Sport Performance | $69,325 | $818 /mo | Good | Northeast | |
Lexus NX 2024 350 | $46,480 | $566 /mo | Good | Chicago | |
Lexus TX Hybrid 2024 550h+ Luxury | $81,985 | $1,032 /mo | OK | Multiregion | |
Lexus TX 2024 350 | $57,680 | $731 /mo | OK | Northeast | |
Lexus UX Hybrid 2024 250h | $39,270 | $499 /mo | OK | Southeast | |
Lexus ES Hybrid 2024 300h | $48,540 | $624 /mo | OK | Multiregion | |
Lexus NX 2025 350 | $47,450 | $625 /mo | OK | Northeast | |
Lexus UX Hybrid 2025 300h | $40,665 | $645 /mo | Poor | Northeast |
Best Lexus Cash Rebates
Vehicle | Best Region | Max Rebate | Deals |
---|---|---|---|
2023 Lexus RZ Electric | Nationwide | $10,000 | |
2024 Lexus RZ Electric | Nationwide | $7,500 |
Best Lexus Finance Deals
Vehicle | 24 mo | 36 mo | 48 mo | 60 mo | 72 mo | Deals |
---|---|---|---|---|---|---|
2024 Lexus RZ Electric | 1.9% | 1.9% | 1.9% | 1.9% | - | |
2024 Lexus RX Hybrid | 4.99% | 4.99% | 4.99% | 4.99% | 6.99% | |
2024 Lexus RX | 4.99% | 4.99% | 4.99% | 4.99%
+$1,000 |
6.99% | |
2024 Lexus NX | 4.99% | 4.99% | 4.99% | 4.99% | 6.99% | |
2024 Lexus IS | 4.99% | 4.99% | 4.99% | 4.99%
+$500 |
6.99% | |
2024 Lexus ES | 4.99% | 4.99% | 4.99% | 4.99%
+$1,500 |
6.99% | |
2023 Lexus RZ Electric | 0% | 0% | 0% | 0% | 0% |
Incentives By Make
- Best Acura Deals
- Best Alfa Romeo Deals
- Best Audi Deals
- Best BMW Deals
- Best Buick Deals
- Best Cadillac Deals
- Best Chevrolet Deals
- Best Chrysler Deals
- Best Dodge Deals
- Best Fiat Deals
- Best Ford Deals
- Best Genesis Deals
- Best GM Deals
- Best GMC Deals
- Best Honda Deals
- Best Hyundai Deals
- Best Infiniti Deals
- Best Jaguar Deals
- Best Jeep Deals
- Best Kia Deals
- Best Land Rover Deals
- Best Lexus Deals
- Best Lincoln Deals
- Best Maserati Deals
- Best Mazda Deals
- Best Mercedes Deals
- Best Mini Deals
- Best Mitsubishi Deals
- Best Nissan Deals
- Best Porsche Deals
- Best Ram Deals
- Best Subaru Deals
- Best Tesla Deals
- Best Toyota Deals
- Best Volkswagen Deals
- Best Volvo Deals
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