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Lexus End of lease

Experience Amazing All over again

Leasing a Lexus is one of the best ways to experience everything that Lexus has to offer -- from a new generation of exceptionally advanced Lexus vehicles, to the exclusive rewards and opportunities of being a Lexus Guest. There’s no better time to start thinking about your next vehicle while you still have time left on your current lease

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The Choice is Yours

The end of your Lexus lease is the start of your options.

You can choose to lease a new Lexus vehicle and experience a new generation of amazing, buy-out your current Lexus and continue your journey together, or return your leased vehicle. Every option comes with its own requirements. Take a moment to explore your options, and learn about the next steps.

The Choice is Yours

Now there’s even more incentive to lease another new Lexus.

The Benefits of Leasing

Leasing brings a number of benefits -- from flexible terms suited to your driving needs, to the unbridled joy of getting into a new Lexus more often. With a new generation of Lexus vehicles to choose from, the benefits of leasing keep getting better.

A Reward for Your Loyalty

As a loyal Lexus guest, we're pleased to offer you up to a 2.0%* loyalty rate reduction on select 2023/2024 Lexus models or up to 1.5% rate reduction on all other new Lexus vehicles when you renew your lease with Lexus Financial Services. Now you can get more Lexus for a lower payment than ever before.

Lease maturity milestones

Knowing your lease timeline will help you to be better prepared

12 months prior to the end of your lease, you will receive a Lease Maturity notification from Lexus Financial Services. That’s the perfect time to begin considering your lease-end options and plan for your next Lexus experience. Use the form below to create your own personal lease timeline, complete with important dates and expectations.

Please enter your lease information to view your timeline.

Your Lease Maturity Date can be found in the top right corner of your Lease Maturity letter.

Your Milestones

Lease end options

Option 1 Lease a new lexus

Up to 2.0%* LEASE
LOYALTY
RATE
REDUCTION

Lexus is pleased to offer current lease and finance guests up to 2.0%* loyalty rate reduction on select 2023/2024 Lexus models. Or up to 1.5%* rate reduction on all other new Lexus vehicles.

Lease end options

Start a New Journey

Moving from your current Lexus lease to a new one requires only a few steps. Start by contacting your Lexus Dealership to discuss your vehicle needs and desires, and to discover the best options available. Your Dealership will also set up a complimentary inspection for your current Lexus. As a Lexus lease or finance Guest, you are also eligible for a loyalty rate reduction of 1.5%*. Get started today.

Vehicle Inspection

Every Lexus is designed with quality, durability and reliability in mind. Still, scuffs and scrapes do happen. Some items fall within acceptable wear and tear. Some may require repair prior to your vehicle’s return date. Understanding and following the inspection process will ease the exchange process.

Learn About the Inspection Process

Your Lexus Dealership is pleased to discuss your options in person.

Call your Lexus Dealership Now.
Request an End of Lease Appointment

Are you currently leasing a Lexus?

If so, please select your vehicle below to view some great options for your next Lexus lease.

Get a Head Start on Choosing Your Next Lexus

Having time left on your lease is the ideal time to choose your next Lexus. We’ve selected a couple of options that may be of interest to you. And keep checking back in to see future Lexus models as they are released.

Selected Vehicle
LS

Option 2 Return Your Current Lexus

Up to 2.0%* LEASE
LOYALTY
RATE
REDUCTION

Lexus is pleased to offer current lease and finance guests up to 2.0%* loyalty rate reduction on select 2023/2024 Lexus models. Or up to 1.5%* rate reduction on all other new Lexus vehicles.

Lease-End Process

Lease-End Process

Leasing from Lexus provides a number of benefits, including a 1.5%* loyalty rate reduction for current Lexus lease or finance Guests. Should you decide to end your lease, the process is easy and straightforward. It does require that you take certain steps prior to returning your vehicle, starting with a vehicle inspection.

Steps to Returning Your Lexus

An important step to returning your Lexus vehicle is to contact your Dealership. They can clarify timing and next steps -- including a vehicle inspection, and the potential for repair prior to your vehicle’s return date.

Learn About the Inspection Process

Your Lexus Dealership is pleased to discuss your options in person.

Call your Lexus Dealership Now.
Request an End of Lease Appointment

Option 3 Purchase your Current Lexus

Up to 2.0%* LEASE
LOYALTY
RATE
REDUCTION

Lexus is pleased to offer current lease and finance guests up to 2.0%* loyalty rate reduction on select 2023/2024 Lexus models. Or up to 1.5%* rate reduction on all other new Lexus vehicles.

Steps to Returning Your Lexus

Continue Your Journey Together

If you decide that the Lexus you’re driving now is still the ideal vehicle for your lifestyle, you can choose to buy-out your lease. Contact your Lexus Dealership for details on a range of available terms and options.

Payout Quote Process

If you decide to buy-out your Lexus lease, your can contact your Dealership or Lexus Financial Services directly. They can inform you of the current buy-out amount required to payout your lease account.

Financing Information

Lexus Financial Services is happy to help you finance the purchase of your Lexus vehicle at lease-end. Simply visit Lexus Financial Services online or in person through your Lexus Dealership.

Your Lexus Dealership is pleased to discuss your options in person.

Call your Lexus Dealership Now.
Request an End of Lease Appointment
* Disclaimer
*Lexus Loyalty rate reduction of up to 2% is a limited-time offer only available to current Lexus Financial Services lease and finance Guests (owner or lessee) when they retail lease or finance and take delivery of a new and previously unregistered qualifying Lexus vehicle through Lexus Financial Services Canada at a participating Lexus dealer in Canada, between February 1, 2024 - February 29, 2024, on approved credit. 2% rate reduction is available on 2024 Lexus IS / RC / ES / ESh / UXh / NX / RX / RXh models, 2023 Lexus IS / RC / RZ / RX / RXh models, and 1.5% rate reduction is available on all other new Lexus vehicles. Offer is only available on vehicles offered at special lease and finance rates through Lexus Financial Services as part of a low rate interest program. All advertised rates are special rates. Offer is not available on vehicles offered at Lexus Financial Services' standard interest rate programs. Offer not available if the promotional low rate offer in effect at the time of the Lexus Guest's credit application is no longer in effect at the time of delivery. Lease/finance rate reduction is limited to a minimum of 0%. Previously delivered vehicles are excluded. Eligible individuals are current owners/lessees of a Lexus vehicle. Offer not available to TCI/TMMC/TCCI employees/contractors or immediate family members, TMMC Vehicle Purchase Plan participants and fleet customers. Proof of name, current address and current vehicle registration required. Current vehicle owner/lessee/co-lessee must be named as owner/lessee/co-lessee of new Lexus vehicle. Limit of one offer per owner/lessee per current vehicle. Offer is not transferable including not transferable to those within the same household. Lexus Loyalty not combinable with cash customer incentives, LCPO Program, Encore Program, Fleet Subsidy or other loyalty programs. All offers are subject to change or cancellation without notice, quantities of certain vehicles are limited and dealer trade may be required (but may not be available in all cases). Some conditions apply. See your Lexus Dealer for complete details.

Frequently Asked Questions

  • Do I have to return my leased vehicle to a Lexus Dealer?

    It is recommended that you return your vehicle to the Lexus Canada Dealer from which it was leased. However you are more than welcome to return it back to any of our 39 authorized Lexus Dealerships. Should you be unable to return to your original Dealer please contact our Customer Service Department at 1 800 26‑LEXUS (1 800 265‑3987).

  • Is it necessary to have an appointment with a Dealer Associate if I want to return the vehicle and not re-lease?

    You should receive a letter prior to the maturity date of your lease contract, at which point you should contact a Lexus Dealership to make an appointment for the inspection and vehicle return.

  • Are there any additional fees or penalties if I turn in my vehicle prior to lease-end?

    Should you wish to return your vehicle prior to lease end please refer to the Early Termination section of your contract or contact your Lexus Dealer or Lexus Financial Services to discuss.

  • I’m looking to lease another Lexus. What offers are available to me?

    As a returning Lexus Guest, you will be eligible for the Lexus Lease Loyalty offer. Please contact your Lexus Dealer to setup an appointment to evaluate your options and take advantage of this exclusive loyalty offer.

  • What happens if I am unable to return my vehicle by or on my lease-end date?

    If you are unable to return your vehicle by or on your lease-end date, please contact Lexus Financial Services to discuss your options for alternative arrangements at least 14 days prior to the return date.

  • What happens to my security deposit at lease-end?

    If there are no outstanding charges due on your lease, your security deposit will be mailed to you within a few weeks after Lexus Financial Services receives and processes your vehicle condition report.

  • What charges can I expect on my Final Lease Settlement Invoice?

    Depending on your agreement, you can be responsible for a number of outstanding charges, including:

    • Excess kilometres
    • Excess wear and tear
    • Any and all applicable taxes
  • What is Wear and Tear?

    The customer is responsible for the vehicle's overall condition as detailed on the lease agreement (appearance, mechanical condition etc.).

  • Where can I learn more about my End of Lease options?

    Visit our End of Lease page.