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Lexus Car Deals

Lexus has earned a well-deserved reputation for its luxurious and reliable line of cars. Their vehicles’ refined interior is bolstered by extremely quiet engines, making the overall ride experience very comfortable. They offer many choices with sedans and SUVs, offering a couple sports car models too for 2020. Lexus’ most popular models include the stylish hybrid SUV Lexus RX (starting at $44,150) and the redesigned sedan ES (starting at $39,900).

Lexus Car Deals

We do our best to collect all current manufacturer incentives. However, these offers may vary and are not guaranteed by FindTheBestCarPrice.com.

Lexus Cash Back IncentivesLexus Cash Deals

Deals of up to $8,000 in cash back on select models are available until February 1st. Most of the deals are extensions from the previous month, however there are a few improved deals worth checking out. The 2021 ES has an offer of $2,000 cash back. The 2021 RX Hybrid has a deal for $2,500 in savings for January.

YearMakeModelCash Incentives (up to)Expiration
2021LexusES$2,000 2/1/2021
2021LexusES Hybrid$2,000 2/1/2021
2021LexusGX$2,500 2/1/2021
2021LexusIS$2,000 2/1/2021
2021LexusLC$3,000 2/1/2021
2021LexusLC Convertible$1,000 2/1/2021
2021LexusLC Hybrid$3,000 2/1/2021
2020LexusLS$8,000 2/1/2021
2021LexusLS$3,000 2/1/2021
2020LexusLS Hybrid$8,000 2/1/2021
2021LexusLX$4,000 2/1/2021
2021LexusUX$1,500 2/1/2021
2021LexusUX Hybrid$1,500 2/1/2021
2021LexusNX$2,000 2/1/2021
2021LexusNX Hybrid$2,000 2/1/2021
2021LexusRC$2,000 2/1/2021
2021LexusRC F$3,000 2/1/2021
2021LexusRX$2,500 2/1/2021
2021LexusRX Hybrid$2,500 2/1/2021

Lexus Finance DealsLexus Finance Deals

Lexus introduces a set of more attractive finance offers that are valid until the end of January. Most APRs are for 0.9% for 60 months and it applies to their 2021 lineup. The 2020 LS has an extended offer of 0.0% APR for 60 months plus $1,000 in bonus cash. The 2021 UX Hybrid has a finance deal of 0.9% APR as well. New 2021 models, like the LC Hybrid and LX can be financed for 0.9% APR for 60 months.

YearMakeModelBest Avail. APRLengthCash BonusExpiration
2021LexusES0.90%60 months2/1/2021
2021LexusES Hybrid0.90%60 months2/1/2021
2021LexusGX0.90%60 months2/1/2021
2021LexusIS0.90%60 months2/1/2021
2021LexusLC0.90%60 months2/1/2021
2021LexusLC Convertible0.90%60 months2/1/2021
2021LexusLC Hybrid0.90%60 months2/1/2021
2020LexusLS0.00%60 months$1,000 2/1/2021
2021LexusLS0.90%60 months2/1/2021
2020LexusLS Hybrid0.00%60 months$1,000 2/1/2021
2021LexusLX0.90%60 months2/1/2021
2021LexusUX0.90%60 months2/1/2021
2021LexusUX Hybrid0.90%60 months2/1/2021
2021LexusNX0.90%60 months2/1/2021
2021LexusNX Hybrid0.90%60 months2/1/2021
2021LexusRC0.90%60 months2/1/2021
2021LexusRC F0.90%60 months2/1/2021
2021LexusRX0.90%60 months2/1/2021
2021LexusRX Hybrid0.90%60 months2/1/2021

Lexus Lease DealsLexus Lease Deals

There are many lease deals offered on Lexus’ line of sedans and SUVs for this month. Lease term lengths are for 36 months and a majority of the down payments are $4,000. The flagship 2021 LX full-size SUV has a special for $649 per month with $6,999 due at signing. Another deal worth looking at is $399 per month with $3,999 due at signing on the 2021 ES Hybrid.

YearMakeModelLease OffersExpiration
2021LexusES$339/month for 36 months, $3,999 due at signing2/1/2021
2021LexusES Hybrid$399/month for 36 months, $3,999 due at signing2/1/2021
2021LexusGX$489/month for 39 months, $3,999 due at signing2/1/2021
2021LexusIS$359/month for 39 months, $3,999 due at signing2/1/2021
2020LexusLS$729/month for 36 months, $5,999 due at signing2/1/2021
2021LexusLX$649/month for 36 months, $6,999 due at signing2/1/2021
2021LexusUX$329/month for 36 months, $1,999 due at signing2/1/2021
2021LexusUX Hybrid$329/month for 39 months, $1,999 due at signing2/1/2021
2021LexusNX$359/month for 36 months, $2,999 due at signing2/1/2021
2021LexusNX Hybrid$369/month for 36 months, $2,999 due at signing2/1/2021
2021LexusRC$519/month for 39 months, $3,999 due at signing2/1/2021
2021LexusRC F$899/month for 39 months, $5,999 due at signing2/1/2021
2021LexusRX$429/month for 36 months, $3,999 due at signing2/1/2021
2021LexusRX Hybrid$459/month for 36 months, $3,999 due at signing2/1/2021

Lexus New Graduate DealsLexus New Graduate Deals

Recent college graduates from a four-year or two-year college, nursing school, trade, technical, and junior college are eligible to save up to $1,000 on a purchase or lease of a new Lexus. You must be able to show proof of employment that starts within 120 days of the contract.

ManufacturerProgram NameSpecial Offers & DiscountsEligibility & RequirementsExpiration
LexusLexus College Graduate Program$1,000 off purchase/leaseGraduated in past 2 years or next 6 months, Full-time employment or commitment1/4/21

Check out the college student discounts from all car manufacturers.

Lexus Military DealsLexus Military Deals

Active members, Gold Star families, retirees, and veterans (within 2 years of discharge) have until 1/04/2021 to get up to $1,000 in cash back savings on the purchase or lease of a new Lexus.

ManufacturerProgram NameSpecial Offers & DiscountsEligibility & RequirementsExpiration
LexusLexus Military Reward Program$1,000 off purchase/leaseActive Duty, Gold Star families, Retirees, Veterans (within 2 years)1/6/2020

Check out the military discounts from all car manufacturers.

Lexus Fleet Program DiscountsLexus Fleet Discounts

Small to medium sized business can get specialized support through Lexus’ Business Solutions Program.

ManufacturerProgram NameSpecial Offers & DiscountsEligibility & Requirements
LexusLexus Business SolutionsSupportSmall-to-medium sized businesses as legal entities

Check out the fleet program discounts from all car manufacturers.

Lexus Mobility Program DiscountsLexus Mobility Discounts

The Lexus Mobility Assistance Program will reimburse customers up to $1,000 and applications must be submitted within 90 days of equipment install.

ManufacturerProgram NameReimbursementEligibilityInstall Equipment WithinApply Within
LexusLexus Mobility Assistance Program$1,000 New vehicle1 year of purchase/lease90 days of install

Check out the car mobility discounts from all car manufacturers.

Frequently Asked Questions

What are the best Lexus deals near me?

Lexus publishes monthly financing and lease specials. But to get the best deal, get prices from several local Lexus dealers. When you introduce competition, dealers will lower their price to win your business. You can often negotiate local deals well below published incentives.

How much is it to lease a new Lexus?

You can lease a new Lexus for around $350-$550 per month. You can currently lease a 2020 Lexus NX for around $350 per month for 36 months with around $3,000 due at signing. New deals come and go every month and terms may vary so check out all the latest Lexus lease deals here.

What is the cheapest Lexus to lease?

The cheapest Lexus to lease is generally the 2020 UX crossover for around $300 per month. The 2020 Lexus ES has monthly lease payments of around $375.

Is it better to buy or lease a Lexus?

As a rule of thumb, it’s almost always better financially to buy a car rather than lease one, and Lexus is no exception.  The exception is if you frequently get new cars and don’t plan to keep one more than a couple years.  It’s also easier to negotiate the purchase price of car than it is to negotiate leasing terms. Learn more about how to decide whether to buy or lease a car.

Does Lexus offer 0% Financing?

Lexus usually offers 0% financing on most of their 2020 sedans and SUVs. However, deals come and go every month and terms may vary so check out the full list of Lexus finance deals here.

Does Lexus offer bonus programs (i.e. military, student)?

Lexus offers a few bonus discount programs for new graduates, members of the military, businesses, and customers that need adaptive equipment installed.

What are the most popular Lexus models?

The 2020 IS, starting at $38,560, is one of Lexus’ most popular and highly rated sedans. The 2020 RX SUV, which starts at $44,150, is another one of Lexus’ more popular options.