Lexus has recently introduced a new $10,000 bonus offer on their 2025 electric RZ model, making it the cheapest Lexus vehicle available for lease. The new offer includes a significant discount compared to the previous model year, with the introduction of an entry-level 300e FWD trim.
With the current promotion, customers can lease the 2025 Lexus RZ for as low as $399 per month for 36 months, with $1,999 due at signing. This brings the effective monthly cost to $455 for a luxury electric SUV with a starting price of nearly $45,000. The offer applies to the RZ 300e FWD model, which has an MSRP of $44,314.
For comparison, the 2025 Lexus UX 300h FWD Hybrid, with an MSRP of $39,615, is listed at $349 per month for 36 months, with $3,999 due at signing, resulting in an effective monthly cost of $460. The RZ 450e model is also available with up to $11,500 in lease cash.
The entry-level 2025 Lexus RZ 300e FWD offers a range of up to 266 miles, while the AWD 450e variants achieve a range of up to 220 miles. The interior features a standard 14″ infotainment system with wireless Apple CarPlay and Android Auto support, as well as 37.52″ of rear legroom, comparable to a Ford Explorer.
While the RZ offers a good deal compared to other Lexus vehicles, competing luxury electric SUVs from Acura, Cadillac, and Genesis may provide better value. Acura is currently offering significant lease cash on their 2024 ZDX models, with leases starting as low as $299 per month for 24 months. Cadillac’s 2025 Optiq model is listed for lease at $409 for 24 months, with a due at signing amount of $4,909.
Overall, the new Lexus promotion is part of a trend in the industry, with Toyota also offering savings on their electric SUV, the bZ4X. Both manufacturers are making room for updated models that are set to arrive soon. If you’re in the market for a luxury electric SUV, it’s worth exploring the current offers and deals available in your area.