Lexus Financing

Getting behind the wheel is now easier than ever! Lexus Financial Services lets you apply for financing on a new, used, or leased Lexus. You can check out the offers on their website or visit your nearest dealer.

As for each dealer, it is best to check with your local dealer. You can also get prequalified from Lexus and take it to the dealership.

Lexus Financing Options

Buying a Lexus

If you plan to buy a Lexus, getting prequalified can simplify your entire process. Lexus is not transparent with their credit standards, loan amount, or policies, so it is difficult to know where you stand. Hence, inquiring about auto loans at your neighborhood Lexus dealers is wise.

Alternatively, you could be interested in unique Lexus finance alternatives, like leasing or programs tailored to students, service members, and repeat buyers.

Leasing a Lexus

A Lexus lease permits 15,000 miles annually; new vehicle leases last 24-60 months. L/Certified cars up to four years old can only be leased for 48 months.

Lexus offers many financing solutions to minimize lease payments:

• Instead of making monthly payments, pay the lease in full to save money. The option is available for new or L/Certified automobiles.
• Limit your mileage to lower your monthly payments on a new car. A lease for 7,500, 10,000, or 12,000 miles per year may appeal to borrowers who won't drive far.
• Multiple Security Deposit Lease: Make nine refundable deposits upfront to lower monthly costs.

Best Lexus Financing Deals:

• 2023 Lexus GX: 5.75% Financing.
• 2023 Lexus IS: 4.99% Financing.
• 2023 Lexus RX 350: 5.75% Financing.
• 2023 Lexus RX Hybrid: 5.75% Financing.

Advantages and Disadvantages of Lexus Financing

A Closer Look at Lexus Financing

Lexus Finance has special offers for certain groups of applicants. Check out if you are eligible for any of the special financing services by Lexus.

Special financing by Lexus

• College Graduate Program: If you graduate within two years or will graduate within six months, you may qualify for a rebate or special rates on a new buy or lease.
• Military Reward Program: Active-duty soldiers, their families, military retirees, and veterans can buy or lease a new car under this program.
• Repeat customers: Lexus customers who have financed or leased a vehicle may receive unique benefits.

Lexus L/Certified vehicles

While buying a used car, you can also consider purchasing a certified pre-owned vehicle, the 'L/Certified' vehicle, as Lexus calls it. The L/Certified vehicles come with several guarantees and benefits:

• 161 - point inspection
• Vehicle history report
• Limited warranty
• 24/7 roadside assistance for two years
• Free factory-recommended maintenance for 20,000 miles or two years.

How to apply for Lexus Finance?

To get Lexus Finance, you can apply online and get your preapproval to the dealership.

Here are the steps involved in the Lexus Finance application:

• Identify dealership - Find your local dealership by entering your ZIP code on the website or directly search for the dealership you found a car with.
• Provide Vehicle information - Choose the car you want. Select the down payment, repayment, and financing options.
• Share personal details - Provide your residential address, employment details, and ID.
• Verify and submit - Cross-check your details and apply.

Lexus will email you next steps within 60 seconds of submission. You can utilize your preapproval certificate at any Lexus dealership within 30 days.

Lexus Financing - Comparison

Loan offers often differ by location, so you may need to browse around, but each dealership has specials for college graduates and military members. Hence, it is best to check and compare deals before finalizing one.

You can prequalify and analyze your eligibility with Way's prequalify platform.