hamburger icon
2024 Lexus GX luxury SUV champagne color off-road
Deals Articles

2024 Lexus GX Deals Non-Existent At Launch

Lexus is launching the all-new GX luxury SUV with no incentives whatsoever. Based on dealer incentive bulletins, our analysis found that 2024 Lexus GX incentives are non-existent for buying and leasing. This could make bringing home the redesigned Lexus GX a very costly prospect, at least for now.

Even though the 2024 Lexus GX is hitting dealer lots, you won't find any lease incentives or financing deals. Meanwhile, the 2025 Lexus NX is another recent arrival and already has $1,500 in lease cash on the East Coast plus an offer for current lessees to waive 6 months of their remaining payments.

2024 Lexus GX luxury SUV redesign champagne color back view off-road

Lexus doesn't appear to believe the new GX needs incentives to sell. They might be right. Listing data indicates dealers are already marking up the GX by as much as $12,500 over MSRP. If you've had your eye on the redesigned luxury SUV, these could be good reasons to wait, at least until the prices begin to cool.

Having said that, there may be some hope for lessees. We found that recently published residual values for the 2024 GX are the highest out of any Lexus model. In the case of the entry-level 2024 Lexus GX Premium, the 24-month residual value can be as high as 75% based on a 10,000-mile-per-year lease contract.

But is the 2024 GX really a good deal? Probably not. Financing at standard rates could be extremely expensive, especially when factoring in potential dealer markups. Even though GX prices start at $64,250 including destination, current inventory data shows just 1 listing for the GX Premium in the entire U.S.

Explore Lexus GX Incentives

    Item 1 of 0
      Item 1 of 0

      As CarsDirect’s resident pricing expert, Alex offers must-know analyses of pricing & incentives to those looking to buy or lease a car. His consumer-oriented coverage of the latest trends and breaking news has been featured by The Wall Street Journal, Fox Business, Motor Trend, Automobile Magazine, and more.

      Sign Up for Customized Deal Alerts

      Subscribe to receive emails of the latest deals. Select list to join:

      Related Articles

      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 a...
      Lexus GX Lease Price Cut By $100/mo The Lexus GX offers SUV buyers a unique combination of luxury and off-road prowess. Unfortunately, it seldom ranks among our best SUVs to lease. Ho...
      2023 Lexus Models Already Have Deals The 2023 Lexus models are on their way to dealers soon, and you can already order a few of them. Ahead of their release, Lexus has announced two mo...
      2024 Buick Encore GX Already Has A $2,250 Discount The 2024 Buick Encore GX features a significant redesign, as it ushers in the brand’s updated design language. Buick tends to be aggressive with th...
      2024 Buick Encore GX $299/mo Lease Cheaper Than Envista The Buick Envista joined the brand's lineup for the 2024 model year as the new entry-level model, slotting below the incumbent Encore GX. However, ...

      Sign Up for Customized Deal Alerts

      Subscribe to receive emails of the latest deals. Select list to join: