Typically, offers like this happen towards the end of the year and not in the lead up to Memorial Day. Global pandemics have a way of forcing change real fast. The bulletin sent to Lexus dealers indicates interest-free offers for 5 years on every 2020 model, a reduction from the previous 0.9 percent offer. For example, a Lexus LS 500 with a price tag of $80,000 previously had over $1,800 in interest costs, but not anymore. But what’s particularly interesting is that the 0.9 percent rate – not 0 percent – is being offered for remaining 2019 models. In other words, 2020 models appear to be the better deal at the moment.
Those who are especially interested in saving as much as money as possible will be thrilled to know Lexus is also offering 0 percent interest for 36 months on its certified preowned vehicles. This is the lowest rate ever offered on used Lexus vehicles, though it’s limited to 2016-2018 model years of the Lexus IS, ES, NX, and RX.