Best Lexus Deals & Lease Offers: January 2019

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Senior Pricing Analyst

Alex Bernstein is the Senior Pricing Analyst for CarsDirect.com. Each month he studies immense volumes of pricing and incentives data in search of trends that are useful to car shoppers. In the process, he often breaks industry news stories -- his analyses and insights have been featured on websites such as Automotive News, The Detroit News, Autoblog, The Truth About Cars and The Car Connection.

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, Senior Pricing Analyst - January 14, 2019

Special offers for buying & leasing a Lexus have worsened in January following the end of the brand's December To Remember sale. For example, the advertised lease payment on the popular RX has risen $10 to $429/month. Advertised financing rates have also gone up from 0% to as much as 2.4% in the case of the IS.

Last month's $500 loyalty discount for returning lessees is also gone on most models. However, there are big bonuses if you know where to look. For example, the 2018 Lexus LS features a $5,000 rebate and $2,000 bonus for current Lexus customers. That's $7,000 in combined savings.

We're also seeing special savings on some of the brand's range-topping performance models. For example, Lexus is giving dealers up to $10,000 to help lower prices for special edition versions of the power-packed RC F coupe and GS F sedan.

Offers from Lexus vary by region and expire February 4, 2019. Examples listed here are for Western states, but expect to see similar deals in other parts of the country. No major changes are expected for Presidents' Day.

Top Lexus Lease Deals & Incentives

Model Best Lease Deal Best Finance Offer Best Cashback Incentive
Lexus IS
Lease from $309 for 36 months Finance from 2.4% for 60 months Up to $1,000
Lexus ES
Lexus ES 350
Lease from $399 for 36 months Finance from 2.4% for 60 months + 500 Bonus (F-Sport) Up to $1,000 + $500 Bonus (F-Sport)
Lexus NX
Lease from $319 for 36 months Finance from 2.4% for 60 months Up to $1,000
Lexus RX
Lease from $429 for 36 months Finance from 2.4% for 60 months Up to $1,000
Lexus LS
Lexus GX
Lease from $749 for 36 months Finance from 1.9% for 72 months + $2,000 Loyalty Bonus Up to $5,000 + $2,000 Loyalty Bonus

Explore the full Lexus lineup »

Insider Tips for Lexus Shoppers

Lexus has traditionally avoided offering cashback incentives, imposing strict rules to its dealers not to advertise cutthroat pricing. However, this only began changing in August 2017 with a number of attractive public offers to attract shoppers.

Incentives from Lexus tend to change month-to-month by a much larger degree than automakers like Audi and Mercedes-Benz. As a result, shoppers may find that some months are excellent for leasing or financing— but rarely both.

Major promotions include the Golden Opportunity Sales Event in summer and December to Remember. These are some of the best times to buy or lease a Lexus.

Be prepared to find mostly well-equipped models when you get to the dealer. To meet demand, inventory tends to come bundled with popular factory options like Premium Packages and Navigation, which can increase prices anywhere from $3,000-$5,000.

Recent college grads should be aware that the Lexus College Graduate Program offers a $750 bonus that can be combined with certain other offers. The catch is that you'll have to finance through Lexus Financial.

, Senior Pricing Analyst

Alex Bernstein is the Senior Pricing Analyst for CarsDirect.com. Each month he studies immense volumes of pricing and incentives data in search of trends that are useful to car shoppers. In the process, he often breaks industry news stories -- his analyses and insights have been featured on websites such as Automotive News, The Detroit News, Autoblog, The Truth About Cars and The Car Connection.

Follow On: Google+ | Website