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2020 Lexus IS

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21 city / 30 hwy

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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 IS
$607 / month
$574 / month
Vehicle Price
A typical negotiated price before taxes & fees.
Incentives that help lower the selling price of a vehicle.
Available Money Factor of 0.00209 for 36 month lease
Incentives that help lower the selling price of a vehicle.
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Buying Tips

What you must know before buying the Lexus IS

Matthew Keegan
Contributing Editor - October 3, 2019
  • 2019 IS now available
  • Bonus: $3,000 Lexus Cash
  • Financing: 0.9% for 60 months
  • Leases: From $329 for 36 months

More Power for RWD Model:

You'll find a small number of Lexus IS models on dealer lots. For 2019, Lexus says the rear-wheel-drive sedan offers faster shifting and quicker acceleration than before. As for the 2020 IS, it will be a carryover. You can order one now.

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:

All versions of the 2019 IS are eligible for $3,000 in Lexus Cash. This is an excellent deal, although it is $500 less than what we saw in August.

The only real catch here is that you can't combine this offer with promotional financing through Lexus. Your local dealer may offer competitive rates, however, so don't hesitate to ask.

Get Competitive APR financing:

The 2019 IS is eligible for 0.9-percent APR financing for up to 60 months. A 72-month option is available, but the rate rises to 1.9-percent APR.

These loan deals are very strong, which is excellent news as consumer interest rates are still higher than what we've seen in the past year.

Lease from $329 per month:

You can lease a 2019 Lexus IS 300 with blind-spot monitoring from $329 for 36 months with $3,999 due at signing (10,000 miles per year). With an effective cost of $440 per month, we consider this a good deal considering the vehicle's $39,435 MSRP.

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CarsDirectPricing as of 10/14/19 in 20149
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Leases For Similar Cars

Based on 2020 Lexus IS - IS 300 Base 4dr Rear-wheel Drive Sedan - $39,585 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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