2021 lexus is
MSRP
$40,025
CarsDirect Target Price
$36,095
Lease EstimateSee Lease Deals
$426/mo
Finance Estimate
$505/mo
Est Monthly Loan

The monthly payment is based on the price of this vehicle assuming it is financed. If you choose to lease, you can also use the payment calculator to determine your lease terms. Default values for financing include: Term of months, APR of , and Sales Tax of . Default values for leasing include: Term of months, Money Factor of , Residual Value of , and Sales Tax of .

2021 Lexus IS
Lease
$426 / month
Finance
$505 / month
Vehicle Price
A typical negotiated price before taxes & fees.
Incentives
Incentives that help lower the selling price of a vehicle.
Available Money Factor of 0.0002 for 36 month lease
Incentives
Incentives that help lower the selling price of a vehicle.
Down Payment
Trade-In Value
Money Factor
Represents the interest charged on a lease. May require top-tier credit to qualify for the best rates.
Interest Rate
Sales Tax
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2021 Lexus IS Prices and Deals

Matthew Keegan
Contributing Editor - February 6, 2021
  • 2021 Lexus IS arrives soon; 2020s sold out
  • Lease: From $349 for 36 months
  • Rebate: Up to $2,000 cash + $1,500 loyalty
  • Finance: From 0.9% APR for 60 months

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.

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Advertised Lease Deals

2021 IS 350 Base
$359Monthly Payment
Term Length (months): 39
Due at signing: $3,999
Mileage: 10k
MSRP: $44,830
Deal Valid in: CA, CO, NM, OR, WA & More
Expiration: 3/1/21
2021 IS 300 Base
$349Monthly Payment
Term Length (months): 39
Due at signing: $3,999
Mileage: 10k
MSRP: $40,330
Deal Valid in: CA, CO, NM, OR, WA & More
Expiration: 3/1/21

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

CarsDirectPricing as of 2/26/21 in 20149
MSRP
$40,025
Sales Price
$38,095
Cash Rebates
$2,000
Target Price
$36,095
Lease Estimate
$426/mo
Finance Estimate
$505/mo

Cash Incentives

Incentive available to most customers and purchasing situations.
RebateAmount
Bonus Cash Lexus Cash (Expires 3/1/21) 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. $2,000
Loyalty Bonus Cash Loyalty Incentive Program (Expires 3/1/21) For current owners of the same make. May not be compatible with certain other incentive types such as Conquest programs. 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; purchase, finance or lease a new eligible model through a participating Lexus dealership; trade-in of current vehicle is not required. $1,000

Financing Incentives

RebateAmount
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.
Term(s)1 - 3637 - 6061 - 72
Rate %0.9%0.9%1.9%
Eligibility Residents residing in qualifying regions of the United States listed in the BUSINESS CENTER BOUNDARIES section.
Loyalty Bonus Cash Loyalty Incentive Program (Expires 3/1/21) For current owners of the same make. May not be compatible with certain other incentive types such as Conquest programs. 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; purchase, finance or lease a new eligible model through a participating Lexus dealership; trade-in of current vehicle is not required. $1,000

Leasing Incentives

RebateAmount
Lease Bonus Cash Lease Cash (Expires 3/1/21) 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. $1,000
Loyalty Bonus Cash Loyalty Incentive Program (Expires 3/1/21) For current owners of the same make. May not be compatible with certain other incentive types such as Conquest programs. 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; purchase, finance or lease a new eligible model through a participating Lexus dealership; trade-in of current vehicle is not required. $1,000

Hurry! Offer expires

Leases For Similar Cars

Based on 2021 Lexus IS IS 300 Base 4dr Rear-wheel Drive Sedan - MSRP $40,025

Best Lexus Deals & Must-Know Advice In February

Lexus 0% APR deals have yet to return after being scaled back to 0.9% APR for 60 months in January. The 2021 IS is the only vehicle that comes with a loyalty bonus which can... View All Lexus Lease Deals