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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Purchase or Lease your Lexus

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Lease Your Lexus

Leasing with Lexus Financial Services is an attractive alternative to purchasing a new Lexus. It enables you to secure the use of a Lexus vehicle for your preferred period of time (up to 5 years) and only pay for the value of vehicle used during that term. The Lexus Lease offers plenty of advantages.

Build & Price

  • The Fine Print

    Lease Type

    Lexus Financial Services offers Closed-end Leasing. When you lease a new Lexus, we estimate and guarantee the value of the vehicle at the end of your lease, based on our knowledge and experience and market conditions. You assume responsibility for maintaining the vehicle's overall condition as detailed on the lease agreement (appearance, mechanical) and staying within the agreed kilometre allowance*. Your lease payments are calculated based on the difference between the purchase price and the lease-end value. Plus, when your term is complete, you can choose to return* your Lexus or purchase it.

    Full Disclosure

    The Lexus lease contains full disclosure and is written in plain language. All contract details and components for payment calculation are detailed up-front so you'll understand what to expect from start to finish. Our exceptional Leasing Consultants at your Lexus Dealership can help clarify or respond to any questions or concerns.

    *Excess kilometre charges apply if you exceed the agreed kilometre allowance.

  • Peace Of Mind Protection

    Wear Pass - Excess Wear and Tear Coverage

    Normal wear and tear to a vehicle is to be expected. Occasionally, unexpected incidents can cause damage exceeding normal wear or use – damage that is chargeable to you at the end of your lease. That's why Lexus offers supplemental Wear Pass, designed to eliminate those additional charges. Read More

  • Financial Options

    Pre-Paid Lease

    The option of a Pre-Paid lease allows you to pay the total lease obligation up-front and benefit from a reduction in finance charges and the convenience of no monthly payments. Compared to a cash purchase, the Pre-Paid lease enables you to pay for only the value of the vehicle that you use during your lease term, saving you cash for other purposes.

    Customize your Lease

    The Lexus Lease is your lease. You can adjust your lease options to meet your financial and driving requirements:

    • Select a lower cost Low Kilometre lease if you drive fewer than 20,000 kilometres annually
    • Purchase additional kilometres at reduced rates at the beginning of the lease
    • Make a down payment to reduce your monthly lease payments
    • Provide multiple security deposits to receive a reduction in the interest rate used to calculate your lease

    Plus, when your Lexus vehicle is leased for a registered business, you may be able to receive a tax deduction for a part or all of your leasing cost. Speak to your tax professional for details.

    Encore

    The Lexus Encore program was created to reward previous customers of Lexus Financial Services. Lexus Guests may receive a reduction in the annual interest rate and full waiver of the security deposit. To qualify, the Guest must have financed or leased through Lexus Financial Services within the last 24 months with a minimum of 12 months activity. Payments must have been made in accordance with the terms of the agreement and the Guest will have to qualify for the lease of a new vehicle. May not be combined with other loyalty programs.