Lease rates as low as
0.9%2
on select models

Includes
2%1
in total rate reductions
(includes 1.5% loyalty rate reduction)

The Lexus July Event offers are available to eligible retail customers on select models at participating Lexus Dealers from July 3-31, 2024 ("Offer Period"), on approved credit. Lexus Dealers are free to set their own prices. There are 2 rate reduction offers potentially available to qualifying purchasers/lessees, an Event Offer and a Loyalty Offer.

Event Offer: To qualify for lease and finance rate reductions of up to 0.5% ("Event Offer"), retail customers must enter into a new lease or finance agreement for an eligible new, unregistered 2023/2024/2025 Lexus vehicle through Lexus Financial Services at a participating Lexus Dealer during the Offer Period. Event Offer is available on any new unregistered 2023 model year vehicles, new unregistered 2024 IS / RC / ES / ESh / RZ / NX / RX / RXh models, as well as new unregistered 2025 NX (collectively, "a qualifying Lexus vehicle"). For the avoidance of doubt, in no cases will rate be reduced below 0%.

Loyalty Offer: To qualify for lease and finance rate reductions of up to 1.5% ("Loyalty Offer") you must already be a current Lexus Financial Services retail lease or finance Guest (owner or lessee) when you lease or finance a qualifying Lexus vehicle through Lexus Financial Services from participating Canadian Lexus Dealers during the Offer Period. Previously delivered vehicles are excluded. Eligible individuals are current owners/lessees of a Lexus vehicle. 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 qualifying Lexus vehicle. Limit of one offer per owner/lessee per current vehicle. Loyalty Offer is not transferable including not transferable to those within the same household. Loyalty Offer not combinable with LCPO Program, Encore Program, Fleet Subsidy or other loyalty programs. For the avoidance of doubt, in no cases will rate be reduced below 0%.

Event Offer and Loyalty Offer are not available to TCI/TMMC/TCCI employees/contractors or immediate family members, TMMC Vehicle Purchase Plan participants and fleet customers.

1 The Event Offer and the Loyalty Offer are combinable by qualifying individuals. Where the offers are combined, lease or finance rates will be reduced by up to 2.0% throughout the term of the lease or finance agreement. For the avoidance of doubt, in no cases will rate be reduced below 0%.

2 For clients who are eligible for both the Event Offer and the additional Loyalty Offer: Limited time lease offer available through Lexus Financial Services, on approved credit. Representative lease offer based on a new and previously unregistered 2024 Lexus RX 350 AWD Premium Package (sfx 'P') with a selling price of $63,268; 0.9% (which includes the 2% rate reduction) lease APR for 24 months; and monthly payment is $658. Specific duty on new tires are included. License; insurance; registration; and applicable sales taxes are extra. $8,227 down payment, lien registration fee (up to $75), lien registering agent fee (up to $4), $0 security deposit and first monthly payment due at lease inception. Total of 24 monthly lease payments required during the lease term. Total lease obligation is $24,019. 32,000 kilometre allowance; charge of $0.20/km for excess kilometres.

For clients who are eligible for only the event rate reduction of 0.5%: Limited time lease offer available through Lexus Financial Services, on approved credit. Representative lease offer based on a new and previously unregistered 2024 Lexus RX 350 AWD Premium Package (sfx 'P') with a selling price of $63,268; 2.4% (which includes the 0.5% rate reduction) lease APR for 24 months; and monthly payment is $718. Specific duty on new tires are included. License; insurance; registration; and applicable sales taxes are extra. $8,210 down payment, lien registration fee (up to $75), lien registering agent fee (up to $4), $0 security deposit and first monthly payment due at lease inception. Total of 24 monthly lease payments required during the lease term. Total lease obligation is $25,435. 32,000 kilometre allowance; charge of $0.20/km for excess kilometres.

Pricing and payment amounts include $2,205 freight and PDI; $100 A/C charge; up to $38.58 in regulatory fees; up to $995 dealer administration fee; as well as all other applicable fees, levies and duties (all of which may vary by region and dealer). Lexus Dealers are free to set their own prices.

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Suspension and Shock Absorbers

Function of the Suspension

Improves riding comfort and provides handling stability.


Oil

The damping effect is produced by forcing oil through valves inside the shock absorber.


Function of Shock Absorbers

Suppresses the bouncing motion of the springs.


Tie Rod

The tie rod transmits the steering force from the steering rack to the wheel.


Constant Velocity (CV) Boot

Protects the constant velocity joint from exposure to the elements and maintains its lubrication.


MacPherson Struts

Combines spring, shock absorber, upper suspension control arm and steering pivot in a single unit. The MacPherson Strut layout is especially beneficial on front-and all-wheel-drive models where room is required for drive-shafts to the front wheels.


Piston Rod

Strong enough to support the vehicle’s weight as well as the various types of shocks encountered while driving.


Available F SPORT suspension

Lexus F SPORT models feature sport-tuned suspensions, which typically include sport-oriented springs, struts/shock absorbers and anti-roll bars. In some models, F SPORT suspension may also include Adaptive Variable Suspension (AVS) with electronically adjustable shock absorbers and Variable Gear-Ratio Steering. F SPORT suspensions provide more taut steering and handling feel.