Global supply issues affecting the automotive manufacturing industry are causing new vehicle delivery delays and inventory of some vehicles may be limited. Please contact your local Lexus dealer for information about availability of your preferred Lexus vehicle.
Lexus is pleased to offer current lease and finance Guests up to 2% loyalty rate reduction on select models when you lease or finance another Lexus vehicle through Lexus Financial Services. This offer is non-transferrable and is valid at participating Lexus Dealers.
THE ALL-ELECTRIC LEXUS RZ
LEASE APR
INCLUDES TOTAL LEXUS RZ CREDITS OF UP TO
2.9%^^
$5,000^
24 MONTHS
ON SELECT IN-STOCK 2023 LEXUS RZ MODELS
2023 LEXUS RZ 450e LUXURY VALUE SHOWN
YOUR LEXUS HELPS KEEP YOU SAFE. IT COULD ALSO SAVE YOU UP TO 10% ON YOUR INSURANCE.
All Lexus vehicles come equipped with Lexus Safety System+, an advanced suite of safety features and technologies that includes Pre-Collision System. This system will prompt you to brake or will automatically brake when an imminent collision is detected. Let your ICBC insurance agent know that your Lexus vehicle qualifies for the Auto Emergency Braking Discount.Ф
DISCOVER SECURITY DEPOSITS
Learn about Security Deposits and how they can help to reduce your lease rate by up to 1.5%.Ω
EXCEPTIONAL SERVICE. NO EXCEPTIONS.
Proud J.D. Power Award Recipient for providing Most Satisfying Dealership Service Experience two years in a row.
Tied in 2023. For J.D. Power award information, visit jdpower.com/awards
EXPLORE VIRTUAL SHOPPING TOOLS
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1 Limited time lease offer available through Lexus Financial Services, on approved credit. Representative lease offer based on a new and previously unregistered 2024 Lexus IS 300 AWD Premium Package (sfx 'P') / 2024 Lexus NX 250 AWD Signature Package (sfx 'A') / 2024 Lexus RX 350 AWD Premium Package (sfx 'P') / 2024 Lexus UX 250h AWD FSPORT Design Package (sfx 'D') with a selling price of $50,617 / $52,967 / $63,217 / $47,317. 4.9% / 3.5% / 3.5% / 4.9% lease APR for 24 months; and monthly payment is $558 / $588 / $708 / $628. License; insurance; registration; specific duty on new tires and applicable sales taxes are extra. $6,554 / $6,941 / $8,273 / $5,828 down payment, lien registration fee (up to $26.50), lien registering agent fee (up to $4), and first monthly payment due at lease inception. Total of 24 monthly lease payments required during the lease term. Total lease obligation is $19,946 / $21,053 / $25,265 / $20,900. 32,000 kilometre allowance; charge of $0.20/km for excess kilometres. Dealer may lease for less. Dealer order/trade may be necessary (but may not be available in all cases). Conditions apply. Offers are subject to change or cancellation without notice. See your participating Lexus Dealer for details.
Selling price includes $2,205 freight and PDI; $100 A/C charge; up to $36.68 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. Limited time offers only apply to retail customers at participating Lexus Dealers. Dealer order/trade may be required (but may not be available in certain circumstances). Conditions apply. Offers are subject to change or cancellation without notice. Offers are effective beginning March 1, 2024, and expire on April 1, 2024, unless extended or revised. See your Lexus Dealer for complete details.
†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 March 1, 2024 – April 1, 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.
^The All-Electric Lexus RZ offers are available to eligible retail customers on select new and previously unregistered in-stock 2023 Lexus RZ models purchased or leased (term of 24 months or more) from a participating Lexus Dealer in British Columbia between March 1, 2024, and April 1, 2024, on approved credit, and consist of: (i) up to $5,000 in Lexus RZ Credits. Maximum total incentives of up to $5,000 is available on the 2023 Lexus RZ 450e Luxury model only. Maximum $5,000 Lexus RZ Credit applies to select new and previously unregistered in-stock 2023 Lexus RZ 450e models (Luxury package only) purchased or leased from a participating Lexus dealer in British Columbia between March 1, 2024, and April 1, 2024, on approved credit. Lexus RZ Credits will be deducted from the negotiated vehicle selling price after taxes.
Offers may change without notice and may not be combined with certain other offers. Conditions apply. Limited time offers only apply to retail customers at participating Lexus Dealers. Cannot be applied to past transactions. Dealer order/trade may be required (but may not be available in certain circumstances). Offers are subject to change or cancellation without notice. Offers valid during Offer Period. See your Dealer for complete details.
^^Limited time lease offer available through Lexus Financial Services, on approved credit. Representative lease offer based on a new and previously unregistered 2023 Lexus RZ 450e AWD Luxury Package (sfx ‘L’) with a selling price of $71,917; 2.9% lease APR for 24 months; and monthly payment is $878 (which includes $5,000 Lexus RZ Credit). License; insurance; registration; specific duty on new tires and applicable sales taxes are extra. $9,773 down payment, lien registration fee (up to $26.50), lien registering agent fee (up to $4), and first monthly payment due at lease inception. Total of 24 monthly lease payments required during the lease term. Total lease obligation is $30,845. 32,000 kilometre allowance; charge of $0.20/km for excess kilometres. Dealer may lease for less. Dealer order/trade may be necessary (but may not be available in all cases). Conditions apply. Offers are subject to change or cancellation without notice. See your participating Lexus Dealer for details.
Selling price includes $2,205 freight and PDI; $100 A/C charge; up to $36.68 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. Limited time offers only apply to retail customers at participating Lexus Dealers. Dealer order/trade may be required (but may not be available in certain circumstances). Conditions apply. Offers are subject to change or cancellation without notice. Offers are effective beginning March 1, 2024, and expire on April 1, 2024, unless extended or revised. See your Lexus Dealer for complete details.
ФThe LSS+ Pre-Collision System is designed to help avoid or reduce the crash speed and damage in certain frontal collisions only. It is not a substitute for safe and attentive driving. System effectiveness is dependent on many factors including road, weather and vehicle conditions. See Owner’s Manual for additional limitations and details.
ΩWhat is a Security Deposit?
Security Deposits are funds (of a pre-determined, required amount set by Lexus Financial Services) paid at the lease inception that reduce the lease rate used to calculate the lease payments. At the end of your lease, the total Security Deposit amount will be fully refunded to you (less any amounts due or owing).
You may provide multiple security deposits (of the pre-determined amount), up to a maximum of 10. Each security deposit (of a pre-determined amount) will help to reduce your lease rate by 0.15%, for a maximum rate reduction of 1.5%.
The example below shows how using multiple security deposits will help to reduce your lease rate. The security deposit amounts in this example are based on the 2023 Lexus RX series, which has a required amount of $1,000 per security deposit. The required amount per security deposit varies by model.
Please contact your local Lexus dealer for more information on security deposits or visit the Build & Price tool on Lexus.ca.
Based on a starting lease APR of 5.5%Security DepositSecurity Deposit AmountLease Rate Reduction AmountNew Lease Rate1$1,000-0.15%5.35%2$2,000-0.30%5.20%3$3,000-0.45%5.05%4$4,000-0.60%4.90%5$5,000-0.75%4.75%6$6,000-0.90%4.60%7$7,000-1.05%4.45%8$8,000-1.20%4.30%9$9,000-1.35%4.15%10$10,000-1.50%4.00%
How does a Security Deposit differ from a Down Payment?
Unlike security deposits that are refunded at the end of the lease, a down payment is a non-refundable cash amount of money which is paid at the time of delivery of the vehicle to reduce the monthly payment for a vehicle that is financed or leased. The down payment lowers capitalized cost which results in a lower monthly, bi-weekly, or weekly payment amount, however, does not lower the lease rate.
There are no restrictions on the minimum or maximum amount of a down payment.
Can I combine a Security Deposit with a Down Payment?
Yes, you can pay multiple security deposits as well as a down payment at the start of your lease to lower your lease rate while also lowering your lease payments.
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