Lexus RZ Lease Deals Are Getting Crazy Cheap

For those on the fence about getting into one, the Lexus RZ lease deals just keep getting more compelling.

By Brett Foote - April 23, 2024
Lexus Rz Lease Deals Are Getting Crazy Cheap
Lexus Rz Lease Deals Are Getting Crazy Cheap
Lexus Rz Lease Deals Are Getting Crazy Cheap
Lexus Rz Lease Deals Are Getting Crazy Cheap
Lexus Rz Lease Deals Are Getting Crazy Cheap
Lexus Rz Lease Deals Are Getting Crazy Cheap
Lexus Rz Lease Deals Are Getting Crazy Cheap

Getting Cheaper

The Lexus RZ faced its fair share of challenges from the start, considering the fact that it's a bit pricier than most comparable EVs, though it also offers up less range and performance than many of its rivals, to boot. Now, coupled with a recent decline in demand for all-electric vehicles in general, we've seen some pretty enticing deals for the RZ across the U.S., all aiming to make it a more compelling buy. For those looking to lease, getting an RZ just got even cheaper too, according to CarsDirect.

Photos: Lexus

Best Deals Yet

According to a dealer bulletin, the RZ is now being offered with its best lease deal to date - $20,000 in lease cash in most parts of the U.S., along with a complimentary lease payment worth up to $600. The exact amount of these deals varies by state, with some proving better than others, however. 

Photos: Lexus

Cheapest in America

Amazingly, in Colorado, customers can get $25,350 off the sticker price of a 2023 Lexus RZ, meaning that with a $62,000 price tag, one can lease a Premium trim for just $199 across 27 months with no money down - making it the cheapest vehicle of any kind to lease in the U.S. right now. 

Photos: Lexus

Even Better

Even more impressive is the fact that if one qualifies for the Colorado Innovative Motor Vehicle Tax Credit, you'll also get another $5,350 discount on leases - $5,000 in state tax credits, plus a $600 state allowance, minus the $250 administration fee.

Photos: Lexus

Some Caveats

There are, of course, a handful of caveats worth noting before one heads down to the dealership and leases a new RZ, however. For starters, this deal applies only to 27-month terms with 7,500 miles per year, and it doesn't factor in other fees or taxes. 

Photos: Lexus

Results Vary

The deals also vary greatly by state, with places like New York and California offering less enticing deals of $399 per month with $399 due at signing, but this is still far cheaper than any other comparable ICE-powered Lexus crossover, regardless - not to mention less than most if not all of the RZ's competition. 

Photos: Lexus

Enticing Offer

Thus, those who need or want a new vehicle - or perhaps a second vehicle - and don't mind the limited range and performance the RZ has to offer can score a really good deal on one right now. That fact alone may make the all-electric crossover a solid lease target, even for non-EV fans. 

Photos: Lexus

>>Join the conversation about the Lexus RZ lease deals right here at ClubLexus.com.

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