Is the Lexus IS lease a good deal?

Advertised at $449/mo, the Lexus IS truly costs about $534/mo once the $3,999 due at signing is spread across the 42-month term. We grade it A+.

What is the real monthly cost of the Lexus IS lease?

About $534 per month, versus the $449 advertised payment.

Lexus IS Lease Deals: $449/mo, True Cost $534/mo (November 2026)

Name: Lexus IS lease
Brand: Lexus
Price: 449 USD
Availability: InStock

Updated November 2026 · Offer source

Advertised$449/mo

Due at signing$3,999

Term42 months

True cost$534/mo

GradeA+

Offer endsNovember 30, 2026

vs rivals: Mercedes-Benz CLA Sedan $606/mo · Cadillac CT5 $812/mo · Mercedes-Benz C-Class Sedan $626/mo

All 19 luxury cars with a lease, ranked →

A+

Deal grade

Advertised

$449/mo

True cost

$534/mo

Graded on true cost as a percent of MSRP, against other luxury cars. This lease is 1.07%. How we grade

How $449 becomes $534

The ad says $449 a month, and it also asks for $3,999 at signing.
$449 of that is your first payment. The other $3,550 is extra money that you pay up front.
Spread across the 42 months of the lease, $3,550 is $85 a month.

$449advertised payment

$85up-front money, each month

$534true cost a month

$3,999

Due at signing

42 mo

Term

$22,408

Total cost

1.07%

Of MSRP each month

Every offer, ranked by true cost

Trim	Advertised	Due	Term	True cost	Grade
2026 IS 350 F SPORT DESIGN IS 350 F SPORT DESIGN MSRP $49,694	$449	$3,999	42 mo	$534	A+
2026 IS 350 F SPORT IS 350 F SPORT MSRP $52,518	$479	$3,999	42 mo	$563	A+

The math for the 2026 IS 350 F SPORT DESIGN

Due at signing, with payment 1 in it: $3,999
41 more payments of $449: $18,409
Total for 42 months: $22,408
True cost each month: $534
Cost for each mile, with 35,000 miles allowed: $0.64
Interest rate inside the lease, from a money factor of 0.0025: 6.00%
Price to buy the car when the lease ends: $34,289

Tax, title, license, and dealer fees are extra. Try your own numbers

The offer ends November 30, 2026. See the offer page

A+

Deal grade

Advertised

$429/mo

True cost

$538/mo

Graded on true cost as a percent of MSRP, against other luxury cars. This lease is 1.11%. How we grade

How $429 becomes $538

The ad says $429 a month, and it also asks for $4,999 at signing.
$429 of that is your first payment. The other $4,570 is extra money that you pay up front.
Spread across the 42 months of the lease, $4,570 is $109 a month.

$429advertised payment

$109up-front money, each month

$538true cost a month

$4,999

Due at signing

42 mo

Term

$22,588

Total cost

1.11%

Of MSRP each month

Every offer, ranked by true cost

Trim	Advertised	Due	Term	True cost	Grade
2026 IS 350 F SPORT DESIGN IS 350 F SPORT DESIGN MSRP $48,348	$429	$4,999	42 mo	$538	A+

The math for the 2026 IS 350 F SPORT DESIGN

Due at signing, with payment 1 in it: $4,999
41 more payments of $429: $17,589
Total for 42 months: $22,588
True cost each month: $538
Cost for each mile, with 35,000 miles allowed: $0.65
Interest rate inside the lease, from a money factor of 0.00275: 6.60%
Price to buy the car when the lease ends: $33,360

Tax, title, license, and dealer fees are extra. Try your own numbers

The offer ends November 30, 2026. See the offer page

Deal grade

Advertised

$529/mo

True cost

$612/mo

Graded on true cost as a percent of MSRP, against other luxury cars. This lease is 1.19%. How we grade

How $529 becomes $612

The ad says $529 a month, and it also asks for $3,999 at signing.
$529 of that is your first payment. The other $3,470 is extra money that you pay up front.
Spread across the 42 months of the lease, $3,470 is $83 a month.

$529advertised payment

$83up-front money, each month

$612true cost a month

$3,999

Due at signing

42 mo

Term

$25,688

Total cost

1.19%

Of MSRP each month

Every offer, ranked by true cost

Trim	Advertised	Due	Term	True cost	Grade
2026 IS 350 F SPORT DESIGN AWD IS 350 F SPORT DESIGN AWD MSRP $51,568	$529	$3,999	42 mo	$612	A

The math for the 2026 IS 350 F SPORT DESIGN AWD

Due at signing, with payment 1 in it: $3,999
41 more payments of $529: $21,689
Total for 42 months: $25,688
True cost each month: $612
Cost for each mile, with 35,000 miles allowed: $0.73
Interest rate inside the lease, from a money factor of 0.00275: 6.60%
Price to buy the car when the lease ends: $34,551

Tax, title, license, and dealer fees are extra. Try your own numbers

The offer ends November 30, 2026. See the offer page

A+

Deal grade

Advertised

$489/mo

True cost

$596/mo

Graded on true cost as a percent of MSRP, against other luxury cars. This lease is 1.14%. How we grade

How $489 becomes $596

The ad says $489 a month, and it also asks for $4,999 at signing.
$489 of that is your first payment. The other $4,510 is extra money that you pay up front.
Spread across the 42 months of the lease, $4,510 is $107 a month.

$489advertised payment

$107up-front money, each month

$596true cost a month

$4,999

Due at signing

42 mo

Term

$25,048

Total cost

1.14%

Of MSRP each month

Every offer, ranked by true cost

Trim	Advertised	Due	Term	True cost	Grade
2026 IS 350 F SPORT DESIGN AWD IS 350 F SPORT DESIGN AWD MSRP $52,238	$489	$4,999	42 mo	$596	A+

The math for the 2026 IS 350 F SPORT DESIGN AWD

Due at signing, with payment 1 in it: $4,999
41 more payments of $489: $20,049
Total for 42 months: $25,048
True cost each month: $596
Cost for each mile, with 35,000 miles allowed: $0.72
Interest rate inside the lease, from a money factor of 0.00275: 6.60%
Price to buy the car when the lease ends: $34,999

Tax, title, license, and dealer fees are extra. Try your own numbers

The offer ends November 30, 2026. See the offer page

How the Lexus IS lease changed

Since October 12, 2026, the true cost went down by $32 a month, from $566 to $534.

October 12, 2026: $439/mo, $4,999 due, 36 mo: $566
October 17, 2026: $439/mo, $4,999 due, 36 mo: $566
October 31, 2026: $439/mo, $4,999 due, 36 mo: $566
November 5, 2026: $449/mo, $3,999 due, 42 mo: $534
November 11, 2026: $449/mo, $3,999 due, 42 mo: $534

Each line is the best offer where most regions share it, on the day that we collected the offers.

How it ranks among luxury cars

The Lexus IS has the 2nd lowest true cost of 19 luxury cars with an advertised lease this month. The lowest is the Genesis G70 at $514 a month.

The middle true cost in the class is $812 a month, and the Lexus IS costs $278 less. Each month it costs 1.07% of its MSRP, and the middle of the class is 1.34%.