Best Lexus Deals & Lease Offers: May 2017

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Senior Pricing Analyst

Alex Bernstein is the Senior Pricing Analyst for CarsDirect.com. Each month he studies immense volumes of pricing and incentives data in search of trends that are useful to car shoppers. In the process, he often breaks industry news stories -- his analyses and insights have been featured on websites such as Automotive News, The Detroit News, Autoblog, The Truth About Cars and The Car Connection.

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, Senior Pricing Analyst - May 12, 2017

Special offers from Lexus are almost completely unchanged. However, that's not a good thing, especially after the automaker cancelled cashback incentives back in April. To top it off, finance rates have gone up as high as 2.9% APR.

The best deal right now is the 2017 CT 200h hybrid, the only model to feature 0% financing. It's also a stellar value when you lease thanks to large discounts. At $249/month, it's cheaper to lease than the Toyota Prius.

If you're coming from a competitor, you can get a $500 conquest bonus on any version of the NX 200t crossover. Current Lexus customers can also get a $750 loyalty bonus on any ES 350 or RX 350 in addition to other offers.

Current incentives are due to expire May 31, 2017. We think it's doubtful that Lexus will introduce new offers for Memorial Day.

This Month's Best Lexus Deals

Model Best Lease Deal Best Finance Offer Best Cash Offer Details
Lexus CT 200h
From $249/mo From 0%/60 mos $1,000 College Grad/ Military Learn More »
Lexus IS 200t
From $319/mo 1.9%/72 mos $1,000 College Grad/ Military Learn More »
Lexus NX 200t
From $319/mo 2.9%/72 mos + $500 Conquest Bonus $500 Conquest Bonus Learn More »
Lexus ES 350
Lexus ES 350
From $329/mo 0.9%/60 mos + $750 Loyalty Bonus $750 Loyalty Bonus Learn More »
Lexus RX 350
From $419/mo 2.9%/72 mos + $750 Loyalty Bonus $750 Loyalty Bonus Learn More »

See the full Lexus lineup »

Insider Tips for Lexus Shoppers

Lexus has traditionally avoided offering cashback incentives, imposing strict rules to its dealers not to advertise cutthroat pricing. However, this only began changing in August with a number of attractive public offers to attract shoppers.

Incentives from Lexus tend to change month-to-month by a much larger degree than automakers like Audi and Mercedes-Benz. As a result, shoppers may find that some months are excellent for leasing or financing— but rarely both.

Major promotions include the Golden Opportunity Sales Event in summer and December to Remember. These are some of the best times to buy or lease a Lexus.

Be prepared to find mostly well-equipped models when you get to the dealer. To meet demand, inventory tends to come bundled with popular factory options like Premium Packages and Navigation, which can increase base prices anywhere from $3,000-$5,000.

, Senior Pricing Analyst

Alex Bernstein is the Senior Pricing Analyst for CarsDirect.com. Each month he studies immense volumes of pricing and incentives data in search of trends that are useful to car shoppers. In the process, he often breaks industry news stories -- his analyses and insights have been featured on websites such as Automotive News, The Detroit News, Autoblog, The Truth About Cars and The Car Connection.

Follow On: Google+ | Website