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2023 Lexus GX luxury SUV front view white color
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2023 Lexus GX Lease Discount Hits $3,000 Off MSRP

Discounts on the Lexus GX have increased ahead of a major redesign. According to bulletins sent to dealers, 2023 Lexus GX incentives have reached as much as $3,000 off MSRP. However, we found some important limitations that could make it hard for luxury SUV buyers to take advantage of these Lexus GX deals.

Through March 4th, all versions of the 2023 Lexus GX have $3,000 in lease cash on the East Coast, with offers starting at $589 for 36 months with $5,999 due at signing. On the West Coast, the discount is $2,500. Curiously, Lexus isn't offering any discount whatsoever in the Central U.S., creating a big disadvantage.

2023 Lexus GX luxury SUV rear view white color

At $3,000 off MSRP, this is the largest 2023 Lexus GX discount that we've seen to date. Having said that, Lexus doesn't have a rebate for buyers, making leasing a way better deal. If you're intent on buying, Lexus is offering interest rates as low as 2.49% APR for 48 months, less than half the rate of most other Lexus models.

Unfortunately, finding a 2023 Lexus GX may be harder than you think. Even though the 2024 Lexus GX redesign hasn't arrived on dealership lots yet, national inventory data indicates the outgoing GX generation is nearly sold out. As a result, taking advantage of Lexus GX model-year-end deals could be very difficult.

This could put GX buyers in an odd position. After all, if the outgoing SUV is effectively sold out and the new one isn't on sale yet, you may simply need to wait. Lexus isn't offering any introductory deals yet on the 2024 GX. This could change in the coming months, but there's no guarantee of any sort of discount.

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      Alex has been writing about car buying and leasing for over a decade. Originally from San Francisco, Alex has a degree in History from the University of California, Santa Barbara, and has been a lifelong lover of cars. Alex’s work has been featured in publications such as Forbes, The Wall Street Journal, Motor Trend, and more.

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