2024 Lexus RZ

*Limited time lease offer available through Lexus Financial Services, on approved credit. Representative lease offer based on a new and previously unregistered 2024 Lexus TX 350 AWD Luxury Package (sfx 'A')/ 2024 Lexus RZ 450e Signature Package (sfx 'A'). Lease Vehicle Price is $70,818 (which includes $2,000 credits) / $64,525 (which includes $4,000 credits). 2.9% APR for 28 months. Monthly lease payment is $698/ $888. Includes: $2,205 Delivery and Destination charge; $100 A/C charge; regulatory fees (up to $38.58 / $25.00); lien registration fees (up to $79.00 / $50.40, including lien registering agent fee); as well as all other applicable fees, levies and duties (all of which may vary by region and dealer). License, insurance, registration, and applicable sales taxes are extra. $9,487/ $8,911 down payment or equivalent trade-in, $0 security deposit and first monthly payment due at lease inception. Total lease obligation is $29,031/ $33,775. Total of 28 monthly lease payments required during the lease term. 32,000 kilometre allowance; charge of $0.20/km for excess kilometres. Lexus Dealers are free to set their own prices. Limited time offers only available to retail customers at participating Lexus Dealers. Dealer may lease for less. Dealer order/trade may be necessary (but may not be available in all cases). Conditions apply. Offer is subject to change or cancellation without notice.

Offers are effective between November 1, 2024, and December 2, 2024, unless extended or revised. See your participating dealer for details.

**Maximum $2,000/ $4,000 Credit applies to new and previously unregistered 2024 Lexus TX 350 Luxury Package (sfx 'A')/ 2024 Lexus RZ 450e Signature Package (sfx 'A') financed/leased (on approved credit) or purchased from a participating Lexus dealer between November 1, 2024, and December 2, 2024. Offer consists of a stackable incentive that can be combined with lease and finance offers. Incentive: (i) will be deducted from the negotiated selling price after taxes; (ii) has no cash surrender or other value; and (iii) cannot be applied to past transactions. Conditions apply. Offer is subject to change or cancellation without notice. See your participating dealer for 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.