Dealers' #1 source for auto industry news, content, coaching & analysis

Lexus rolls out Up to $22,000 lease cash incentive for 2024 RZ electric SUV

For those considering electric vehicles, the 2024 Lexus RZ lease deal is one of the best offers available.

Lexus is offering a significant incentive for customers interested in its all-electric luxury SUV, the 2024 RZ. As part of a new deal, the automaker is providing up to $21,850 in lease cash on the RZ models, making it one of the most attractive EV deals this October.

The 2024 Lexus RZ 450e, the luxury brand’s first fully electric vehicle, hit the market in 2022, and Lexus has since expanded the lineup with the new RZ 300e, offering more range at a lower price. The RZ 300e Premium, starting at $55,175, delivers an estimated 266 miles of range, while the dual-motor AWD RZ 450e achieves up to 196 miles on a full charge.

Built on the same platform as the Toyota bZ4X and Subaru Solterra, Lexus enhanced the RZ with signature design elements, improved ride quality, and added features like in-cabin sound, a high-output eAxle, and paddle shifters to elevate the driving experience. The minimalistic Tazuna-inspired interior, featuring a 14-inch touchscreen with Apple CarPlay and Android Auto, reflects Lexus’ aim to create a deeper connection between drivers and their vehicles.

To encourage EV adoption, Lexus is offering up to $21,850 in lease cash on the 2024 RZ in select regions, reducing the monthly payment for the *RZ 300e Premium* to just $299 for a 36-month lease with $0 due at signing. This offer is available through November 4th in areas like Denver, with other U.S. regions seeing incentives up to $18,500.

The various trims of the Lexus RZ are competitively priced, ranging from $55,175 for the RZ 300e Premium FWD* with 18-inch wheels to $65,605 for the RZ 450e Luxury AWD*. Lexus sold 8,381 RZ models in the U.S. through September, reflecting a 233% increase from the previous year, while parent company Toyota sold 13,577 bZ4X models in 2024.

For those considering electric vehicles, the 2024 Lexus RZ lease deal is one of the best offers available. It competes directly with Toyota’s 2024 bZ4X, boasting a strong lease offer of $239 per month for 36 months.

Stay up to date on exclusive content from CBT News by following us on Facebook, Twitter, Instagram and LinkedIn.

Don’t miss out! Subscribe to our free newsletter to receive all the latest news, insight and trends impacting the automotive industry.

CBT News is part of the JBF Business Media family.

Jaelyn Campbell
Jaelyn Campbell
Jaelyn Campbell is a staff writer/reporter for CBT News. She is a recent honors cum laude graduate with a BFA in Mass Media from Valdosta State University. Jaelyn is an enthusiastic creator with more than four years of experience in corporate communications, editing, broadcasting, and writing. Her articles in The Spectator, her hometown newspaper, changed how people perceive virtual reality. She connects her readers to the facts while providing them a voice to understand the challenges of being an entrepreneur in the digital world.

Related Articles

Manufacturers In This Article

More Manufacturer News

Latest Articles

From our Publishing Partners