Lexus Leasing Options in Oklahoma City

Latest Leasing Specials and Offers From Eskridge Lexus

Couple Buying Car in Dealership by Antoni Shkraba is licensed with Pexels License

We’ve got a variety of exciting leasing specials and offers at Eskridge Lexus in Oklahoma City. Here are some of the best Lexus lease deals available at our dealership:

• Lexus RZ: You can take advantage of up to $17,000 in lease cash on RZ 450e models. This electric SUV combines technology with the elegance and performance you expect from Lexus, making it a compelling choice if you want to switch to an electric vehicle.
• Lexus TX: Eskridge Lexus is offering up to $7,500 in lease cash on the TX 550h+ models. This plug-in hybrid vehicle offers the versatility of an SUV with hybrid fuel efficiency, so it’s perfect if you and your family are eco-friendly.
• Lexus RX: You can receive up to $7,500 in lease cash on the 450h+ RX plug-in hybrid. The RX series is popular among SUV owners because of its luxurious interior, advanced safety features, and smooth driving experience.

These leasing specials are available for a limited time and apply to new and in-stock models.

Benefits of Leasing a Lexus in Oklahoma City

Leasing a Lexus vehicle offers numerous advantages, making it an attractive option for many drivers. Leasing can be a smart financial decision, from benefits such as enjoying the latest models and technology to lower upfront costs and hassle-free maintenance. Below, we investigate the key benefits of leasing a Lexus.

Access to the Latest Lexus Models and Technology

Leasing a Lexus allows you to drive the newest models with the latest technology and features. This means you can enjoy cutting-edge safety, entertainment, and performance innovations without committing to a long-term purchase. You can upgrade to a new vehicle every few years, ensuring you always have the best Lexus has to offer.

Lower Upfront Costs

One of the most significant benefits of leasing is the lower upfront cost compared to purchasing a vehicle. When you lease, you typically pay a smaller down payment and lower monthly payments. Driving a luxury vehicle such as a Lexus is easier without the substantial financial burden of buying a car outright.

Tax Advantages for Business Owners

Leasing a Lexus can provide valuable tax benefits for business owners. You can often deduct lease payments as a business expense, reducing taxable income. This can result in significant savings, especially if you use your vehicle primarily for business.

Flexible Lease Terms and Lower Monthly Payments

Lexus Financial Services offers lease terms of 24 to 60 months, allowing you to choose a duration that best suits your needs. This flexibility is helpful if you prefer to drive a new vehicle every few years without the long-term commitment of ownership. In addition, leasing typically results in lower monthly payments than financing a purchase. Basing lease payments on the vehicle’s depreciation over the lease term rather than the total purchase price makes payments affordable.

Hassle-Free Maintenance and Warranty Coverage

Lexus vehicles come with a comprehensive warranty, including a standard 48-month or 50,000-mile coverage for defects, a 72-month or 70,000-mile powertrain warranty, and an eight-year or 100,000-mile warranty for hybrid systems. 

We elevate your Lexus leasing experience by offering complimentary maintenance services, covering routine tasks such as oil changes and tire rotations at our Eskridge Lexus service center.

Understanding the Total Cost: Down Payments, Monthly Payments, and Additional Fees

You typically need to make an initial down payment when leasing a Lexus, also known as a capitalized cost reduction. This amount can vary but is often around $2,000. It reduces the overall lease cost and can lower your monthly payments.

Your monthly lease payments depend on the model, lease term, and mileage allowance. For example, a Lexus UX might have monthly payments starting at approximately $460 for a 36-month lease with a 12,000-mile annual limit. These payments are generally lower than financing a purchase because you only pay interest and fees for the vehicle’s depreciation during the lease term.

Here are some additional fees to consider:

• Disposition fee: You’re charged this fee at the end of the lease if you decide to return the vehicle. It’s typically around $350.
• Excess mileage fee: If you exceed the mileage limit, you’ll incur excess mileage fees, around $0.15 to $0.25 per mile. Your final costs may also include repairs if the vehicle has excessive wear and tear.
• Early termination fees: If you decide to terminate your Lexus lease early, you may incur an early termination fee. The exact amount can vary based on several factors, including the remaining balance on the lease, the vehicle’s residual value, and any applicable penalties outlined in your lease agreement.

Experience Luxury on Your Terms

Leasing a Lexus in Oklahoma City offers a unique opportunity to experience luxury on your own terms. Lexus’ flexible options, lower upfront costs, and the latest automotive technology make it an attractive choice for many drivers.

Ready to experience the Lexus difference? Visit Eskridge Lexus today to explore our current lease offers and take a test-drive. Our friendly staff can’t wait to help you find the perfect Lexus lease for your Oklahoma City lifestyle.