Lexus Brings Back Cash Incentives for Select Models

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Lexus RX 350L

Lexus kicks off its Memorial Day deals with some great cash and financing offers on both the RX 350L and outgoing ES sedan.

Prospective buyers in the know are well aware of the excellent deals presented by Lexus Cash offers. Each year, the automaker routinely offers enticing deals on select products which generally slice a good portion off the sales price. And now they’re doing it all over again, through June 4. To mark the Memorial Day holiday, Lexus is once again offering attractive cash incentives on particular models, according to the sleuths at Cars Direct.

If you’re in the market for the new, elongated Lexus RX 350L, you’re in luck. The three-row SUV is now eligible for $1,500 in Lexus Cash. Which is exactly double what’s available on the standard RX. If you’d rather lease one, you can also do so starting at a mere $449 per month. According to Cars Direct, that makes the RXL’s effective lease cost only $23 per month more than the standard RX. This, despite the fact that it commands a $4,600 premium in MSRP.

Lexus RX 350L

The new month also brings along an excellent deal for those in the market for an ES. The outgoing sedan is now eligible for $2,500 in Lexus Cash, whereas no incentives were offered last month. If you’re looking for a good deal and don’t care about getting your hands on the completely redesigned 2019 model, this might just be the time to buy.

Lexus ES

In lieu of these cash offers, buyers can also opt for cheaper financing terms. The advertised top rate this go round is 2.9% for 72 months. Which, of course, only top-tier credit customers will qualify for. The only catch? This time around, Lexus Cash and low financing terms can’t be combined. But if you’re in the market for an RXL or ES, now might be a good time to finally pull the trigger!

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Brett Foote has been covering the automotive industry for over five years and is a longtime contributor to Internet Brands’ Auto Group sites, including Chevrolet Forum, Rennlist, and Ford Truck Enthusiasts, among other popular sites.

He has been an automotive enthusiast since the day he came into this world and rode home from the hospital in a first-gen Mustang, and he's been wrenching on them nearly as long.

In addition to his expertise writing about cars, trucks, motorcycles, and every other type of automobile, Brett had spent several years running parts for local auto dealerships.

You can follow along with his builds and various automotive shenanigans on Instagram: @bfoote.

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