Two- and Three-Row Lexus RX Models:
The 2020 Lexus RX is available and now includes Android Auto smartphone compatibility. Otherwise, this model is carried over from last year.
You’ll find both two- and three-row (RX-L) models, the latter introduced in 2018. You’ll also find hybrid variants, but some of the deals listed here do not cover this model. We’ll point this out as we discuss the various deals available. As for the 2021s, they're arriving.
The current offers expire on September 30, 2020. We expect the next update will roll out in October, but we'll add a lease deal on the 2021s if that information becomes known. The examples listed here are available in the Western States.
Lexus Cash for the taking:
All versions of the 2020 Lexus RX are eligible for $3,000 Lexus Cash, including the hybrid. If you choose a 2021 RX, the cash offer is $1,500.
The cash is yours when purchasing but it cannot be applied to leasing. Moreover, this offer cannot be combined with promotional financing.
Find 0.0% APR financing:
Choose a 2020 RX and you’ll find 0.0-percent APR financing for 60 months and 1.9-percent APR financing for 72 months.
Those that opt for the L trim are eligible for an additional $1,000 bonus when financing through Lexus, funds you'll apply toward your down payment. Choose the other trims and the deal is $500.
The current rates are competitive.
If you prefer a 2021 RX, the rates are 1.9-percent APR for 60 months and 2.9-percent APR for 72 months. Lexus adds a $1,500 bonus on the L model only.
Four leases for your consideration:
Several lease offers for the 2020 RX are in place. The most cost-effective one is for the RX 350 Premium with blind-spot monitoring and heated seats. Here, you'll pay $409 per month with $3,999 due at signing. Your effective monthly cost is $520.
If you prefer the RX 350L Premium with blind-spot monitoring and heated seats, you'll pay $499 per month for 36 months with $3,999 due at signing. Your effective monthly cost is $610, therefore this is not a good offer.
Choose an RX 450h with blind-spot monitoring, a sunroof, and heated seats and you'll pay $509 per month for 36 months with $3,999 due at signing. Your monthly cost is $620 and is a fair offer. Choose the three-row version of this same model and you'll pay $549 per month for 36 months with $3,999 due at signing. Here, your effective monthly cost is $660, which is a poor offer.
The Lexus RX comes with a 10,000-mile annual driving allowance.