2021 Lexus IS Prices and Deals

2021 IS arrives soon:

An all-new Lexus IS arrives this winter. The powertrains carry forward. The most significant changes include the exterior lighting elements, interior design, and the infotainment system. Rumors of an IS F model with a V8 engine are just that right now…rumors.

The current offers are good through March 1, 2021. We’re not expecting any changes for Presidents' Day.

Lease from $349 per month:

Lexus has a pair of lease offers in place. The first lease covers the 2021 IS 300 Base model. Here, you’ll pay $349 per month for 39 months with $3,999 down. Your effective monthly cost is $452 and that’s an average deal.

Choose the IS 350 Base model and you’ll pay $359 per month for 39 months with $3,999 down. Your effective monthly cost is $462.

Lexus’ lease deals include 10,000 miles per year of driving allowance. At lease end, you will pay a disposition fee.

Rebates and other cash deals:

Lexus offers $2,000 in customer cash, funds available to customers who finance their vehicle with Lexus Financial. This is a strong offer on a new model.

Current Lexus customers are eligible to claim a $1,500 loyalty bonus. This offer may be combined with other deals, saving you money.

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.

Finance from 0.9-percent APR:

You can finance your 2021 Lexus for 0.9-percent APR for up to 60 months. If you prefer a 72-month loan, the rate rises to 1.9-percent APR. 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.