Lexus
ES
2020
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2020 Lexus ES

Lease EstimateSee Lease Deals
$505/mo
Finance Estimate
$577/mo
FROM
$39,925
MPG
22 city / 33 hwy

Expert's Rating

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Est Monthly Loan

The monthly payment is based on the price of this vehicle assuming it is financed. If you choose to lease, you can also use the payment calculator to determine your lease terms. Default values for financing include: Term of months, APR of , and Sales Tax of . Default values for leasing include: Term of months, Money Factor of , Residual Value of , and Sales Tax of .

2020 Lexus ES
Lease
$505 / month
Finance
$577 / month
Vehicle Price
A typical negotiated price before taxes & fees.
Incentives
Incentives that help lower the selling price of a vehicle.
Available Money Factor of 0.00055 for 36 month lease
Incentives
Incentives that help lower the selling price of a vehicle.
Down Payment
Trade-In Value
Money Factor
Represents the interest charged on a lease. May require top-tier credit to qualify for the best rates.
Interest Rate
Sales Tax
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Buying Tips

What you must know before buying the Lexus ES

Matthew Keegan
Contributing Editor - October 3, 2019
  • 2019 Lexus ES available; 2020s arriving
  • Cash: $2,250 incentive, $500 bonus on F-Sport
  • Financing: From 0.9% for 60 months on 2019s
  • Leases: From $379 for 36 months on 2019s

The redesigned 2019 Lexus ES:

The 2019 Lexus ES is available and may be found in decent numbers. The first 2020s are now arriving, which is a carryover model.

As for the 2019s, this all-new model reflects a full redesign, which is based on a new and slightly larger platform. A revised engine and an eight-speed automatic transmission are among the key changes. An F Sport model is new to the product line.

The current offers are set to expire on November 4, 2019, and that's about when the annual "December to Remember" seasonal sales drive kicks in. Thus, it may be worth your while to wait for it. The examples listed here are available in the Western States.

Lexus Cash Incentive:

Lexus offers a $2,250 cash rebate on most versions of the 2019 ES. That's more than double the offer in place earlier this spring. F Sport gas versions are also eligible for a $500 bonus.

A cash offer on the 2020s is also in place. Here, you'll find a $1,000 cash rebate on all models.

Keep in mind that you cannot receive a rebate if you choose Lexus’ promotional financing offer.

Enjoy 0.9% APR Financing:

For the 2019 models, Lexus Financial is currently offering 0.9-percent APR financing for 60 months. If you prefer a 72-month loan, the rate rises to 1.9-percent APR.

Choose a 2020 ES and the rate is 2.9-percent APR for 60 months or 3.9-percent APR for 72 months.

Lease offers for your consideration:

You can lease a 2019 Lexus ES 350 base model for $379 for 36 months with $3,999 due at signing (10,000 miles per year). The effective lease cost is $490 per month, which isn’t a good deal.

The ES 300h Premium with a blind spot monitor and navigation starts at $409 for 36 months with $3,999 due at signing, for an effective cost of $520 per month.

Lexus isn't currently offering a lease deal on the 2020s yet. We expect that will change in the coming weeks.

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CarsDirect Target Price

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CarsDirectPricing as of 10/14/19 in 20149
MSRP
$40,925
Sales Price
$40,925
Cash Rebates
$1,000
Target Price
$39,925
Lease Estimate
$505/mo
Finance Estimate
$577/mo

Cash Incentives

Incentive available to most customers and purchasing situations.
RebateAmount
Bonus Cash Lexus Cash (Expires 11/4/19) Customer Rebate: Customers must take delivery of this vehicle prior to the expiration date to be eligible for this manufacturer rebate. This rebate may not be available on special factory orders or used in conjunction with special manufacturer financing or leasing programs. Other special financing programs may be available. Please check with your CarsDirect Trusted Dealer for complete details.%NotesManuf% %Eligibility% Lexus Cash is ONLY eligible on selected new, unused and unlicensed vehicles in dealer's ground stock inventory. Lexus Cash is NOT compatible with Fleet or VSPP sales. Lexus Cash is NOT compatible with Subvened APR or Lease Contracts. $1,000

Financing Incentives

RebateAmount
Promotional APR Offer Promotional APR programs available for qualified buyers. Please check with your CarsDirect Trusted Dealer for complete details.%NotesManuf% %Eligibility% Residents residing in qualifying regions of the United States listed in the BUSINESS CENTER BOUNDARIES section.
Term(s)1 - 3637 - 6061 - 72
Rate %2.9%2.9%3.9%
Eligibility Residents residing in qualifying regions of the United States listed in the BUSINESS CENTER BOUNDARIES section.

Leasing Incentives

RebateAmount
Lease Bonus Cash Lease Cash (Expires 11/4/19) Bonus cash available for qualified customers leasing a vehicle through the manufacturer's captive finance company on approved credit. Please check with your CarsDirect Trusted Dealer for complete details. $500
Hurry! Offer expires

Leases For Similar Cars

Based on 2020 Lexus ES - ES 350 Base 4dr Sedan - $40,925 MSRP

Best Lexus Deals & Lease Offers In October

Lexus has cut financing rates on the NX and RX to 0.9% APR for up to 60 months (previously 1.9%). In terms of rebates, some of the best discounts are on the IS ($3,000) and... View All Lexus Lease Deals

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