Best Lexus Deals & Lease Offers: May 2018

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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 - May 3, 2018

It's a great time to buy a Lexus in May. The automaker has brought back Lexus Cash, a rebate we rarely see that's worth up to $4,000 on select models in lieu of promotional financing.

One of the more exciting deals is a $2,500 discount on the 2018 Lexus ES. Alternatively, the popular NX crossover is now eligible for a $750 rebate. Leases on both start at just $339/month.

If you're shopping for a Lexus RX, you should know that discounts favor the new three-row RXL with a $1,500 rebate, double that of the regular RX. Leases on the RXL start at $449/month.

Offers from Lexus vary by region and expire June 4, 2018. Examples listed here are for Western states, but expect to see similar deals in other parts of the country. Check back for possible updates for Memorial Day.

Lexus Incentives & Lease Deals This Month

Model Best Lease Deal Best Finance Offer Best Cashback Incentive Details
Lexus IS 300
Lease from $299/month Finance from 2.9%/60 months $1,000 Customer Cash Learn More »
Lexus ES 350
Lexus ES 350
Lease from $339/month Finance from 2.9%/60 mos $2,500 Customer Cash Learn More »
Lexus NX 300
Lease from $339/month Finance from 2.9%/60 months $750 Customer Cash Learn More »
Lexus RX 350
Lease from $429/month Finance from 2.9%/60 mos Up to $1,500 Customer Cash Learn More »
Lexus GX 460
Lexus GX 460
Lease from $449/month Finance from 2.9%/60 mos $3,000 Customer Cash Learn More »

See the full Lexus lineup »

Tips on Lexus Financing, Lease Specials and Rebate Offers

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