2021 Lexus IS Prices and Deals
2021 Lexus IS available
An all-new Lexus IS has arrived for 2021. The powertrains carry forward. The most significant changes include the exterior lighting elements, interior design, and the infotainment system. An IS 500 F Sport model with a V8 engine follows later this year for the 2022 model year.
Dealer inventories are thin due to the global semiconductor chip shortage. You may need to work with your dealer to find one.
This page is updated monthly with the most recent incentives, so be sure to check back for the latest information. The current incentives expire on SEPTEMBER 30, 2021.
Lexus IS Lease Deals
Lease from $399/mo.
Lexus has a pair of lease offers in place. The first lease covers the 2021 IS 300 Base model. Here, you’ll pay $399 per month for 36 months with $3,999 down. Your effective monthly cost is $510 and that’s $40 more than what was offered in August. This is a poor deal.
Choose the IS 350 F Sport model and you’ll pay $469 per month for 36 months with $3,999 down. Your effective monthly cost is $580. The rate is up by $100 since May and that's a direction we do not like. This also is a poor deal.
Lexus’ lease deals include 10,000 miles per year of driving allowance. At lease end, you will pay a disposition fee.
Lexus IS Rebate Deals
Get up to $500 off
Lexus offers $500 in customer cash. This is a fair offer on a new model.
Lexus also offers a $1,000 College Graduate Program rebate and a Military Reward Program with its own $1,000 reward. Check with your Lexus dealer to determine eligibility for either program.
Lexus IS Financing Deals
Rates from 1.9% APR
You can finance your 2021 Lexus from 1.9-percent APR for up to 60 months. If you prefer a 72-month loan, the rate rises to 3.9-percent APR. This month, Lexus sweetens its financing offers with $1,500 in APR cash. You cannot, however, combine this offer with the rebate mentioned earlier.
These are competitive financing offers and are among the best you’ll find in the luxury sphere. Ask your dealer about applying the loyalty, college graduate, or military rebates, if eligible.
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Advertised Lease Deals
This ranks as an excellent deal based on our expert analysis of: vehicle price, length of lease term, amount due at signing, monthly payment, etc.
CarsDirect Target Price
Prices vary by style
|Bonus Cash Lexus Cash (Expires 9/30/21) Customer Rebate: Customers must take delivery of this vehicle prior to the expiration date to be eligible for this manufacturer rebate. This rebate may not be available on special factory orders or used in conjunction with special manufacturer financing or leasing programs. Other special financing programs may be available. Please check with your CarsDirect Trusted Dealer for complete details.%NotesManuf% %Eligibility% Lexus Cash is ONLY eligible on selected new, unused and unlicensed vehicles in dealer's ground stock inventory. Lexus Cash is NOT compatible with Fleet or VSPP sales. Lexus Cash is NOT compatible with Subvened APR or Lease Contracts.||$500|
|Promotional APR Offer Promotional APR programs available for qualified buyers. Please check with your CarsDirect Trusted Dealer for complete details.%NotesManuf% %Eligibility% Residents residing in qualifying regions of the United States listed in the BUSINESS CENTER BOUNDARIES section.|
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Eligibility Residents residing in qualifying regions of the United States listed in the BUSINESS CENTER BOUNDARIES section.
|Lease Bonus Cash Lease Cash (Expires 9/30/21) Bonus cash available for qualified customers leasing a vehicle through the manufacturer's captive finance company on approved credit. Please check with your CarsDirect Trusted Dealer for complete details.||$1,500|
|Lease Loyalty Bonus Cash Lexus US Lexus Lease Loyalty Program (Expires 10/4/21) Lease loyalty bonus cash available for current lessees of the same make. Please check with your CarsDirect Trusted Dealer for complete details.%Qualification% The customer must provide proof of being a current owner or lessee of any Lexus model; lease a new eligible model through a participating Lexus dealership; trade-in of current vehicle is not required.||$1,000|
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