Rare Lexus Loyalty Rewards Return for ES and RX
Promotion offers big discounts for current lessees. Although competitors often offer programs like this one, it’s actually quite unusual for Lexus.
If you’re a current Lexus lessee and you also happen to live in the western United States, there’s a pretty nice offer out there for the taking. Now through May 1, a $750 Lexus Loyalty Reward is available on both the ES sedan and RX crossover. And as current and past Lexus customers know, these types of rewards don’t come around often. As usual, our pals at Cars Direct spotted the deal and crunched all the numbers for us.
The Lexus Loyalty Reward is available on new leases for the 2017 ES 350, ES 300h, RX350, and RX450h. You don’t have to turn in your current car to get the deal, and your fellow household members are eligible as well. That means you or your spouse can upgrade if one or the other currently leases any Lexus model.
All you need is a copy of your current lease agreement and proof of residency (if you’re taking advantage of the household deal). Then, simply pick out an eligible RX or ES from current dealer stock. And if you qualify for any additional Lexus deals, you can stack them on as well. That includes the $1,000 Military Reward or College Graduate Award currently running through January 2, 2018.
Even without that additional discount, the Loyalty Reward seems like a pretty good deal. A 36 month 2017 RX 350 lease can be had for $419 a month with $2,999 due at signing. That $502 effective cost puts it below the Mercedes-Benz GLC Premium ($595). A 36 month ES 350 lease starts at $329/month with $3,799 due at signing. That slots it just below the Mercedes-Benz CLA250 ($440).
