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Lexus Incentives and Lease Deals for October 2023

Last Updated: Sep 29, 2023
Lexus Incentives October 2023

Lexus does not currently offer any cash back rebates, but when it comes to leases, the 2023 Lexus IS and RX are likely to offer Good value. The worst lease deals will probably be on the 2024 Lexus ES Hybrid and 2024 UX Hybrid, you'll want to stay away from leasing these models.

Incentives can vary a lot by region. Always verify with your local dealers - I recommend using TrueCar to quickly get local pricing and incentives.

Best Lexus Deals

TrueCar is the best overall service to quickly get pre-negotiated price quotes and lease offers from local Lexus dealers.

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 69 and 77, with an average of 73.

The current lease deals, with a B4B of 74, 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. Of note, there were a couple of months where Lexus was not offering any lease deals

Lexus Lease Deals 1 Year Chart

Best Current Lexus Lease Deals October 2023

Lease Deals based on $0 Down Payment. 36 month, 10,000 miles/year. Expires Oct 02, 2023
Vehicle Monthly Payment / $0 Down
MSRP Payment Value Best Region Deals
Lexus NX Plug-in Hybrid 2024 $63,940 $739 /mo Good Chicago
Lexus RZ Electric 2023 $62,175 $749 /mo Good West Coast
Lexus IS 2023 $44,175 $548 /mo Good Southeast
Lexus RX 2023 $51,285 $652 /mo OK West Coast
Lexus NX 2024 $45,765 $585 /mo OK Chicago
Lexus NX Hybrid 2024 $46,535 $595 /mo OK Chicago
Lexus GX 2023 $63,945 $817 /mo OK Chicago
Lexus ES 2023 $47,225 $613 /mo OK West Coast
Lexus ES 2024 $46,965 $631 /mo OK West Coast
Lexus UX Hybrid 2023 $43,890 $596 /mo OK Northeast
Lexus RX Hybrid 2023 $55,760 $768 /mo OK Chicago
Lexus ES Hybrid 2023 $50,445 $703 /mo OK Northeast
Lexus UX Hybrid 2024 $42,975 $624 /mo Poor Chicago
Lexus ES Hybrid 2024 $48,800 $723 /mo Poor Northeast
Lexus does not offer Cash Rebates

Best Lexus Finance Deals

Vehicle 48 mo 60 mo 72 mo Deals
2023 Lexus RX Hybrid - - 5.75%
2023 Lexus RX 4.99% 4.99% 5.75%
2023 Lexus IS 4.99% 4.99% 5.75%
2023 Lexus GX 4.99% 4.99% 5.75%
2023 Lexus ES 4.99% 4.99% 5.75%

Best Lexus Deals

TrueCar is the best overall service to quickly get pre-negotiated price quotes and lease offers from local Lexus dealers.

Incentives By Make

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