Is the Lexus NX lease a good deal?

Advertised at $429/mo, the Lexus NX truly costs about $514/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 NX lease?

About $514 per month, versus the $429 advertised payment.

Lexus NX Lease Deals: $429/mo, True Cost $514/mo (November 2026)

Name: Lexus NX lease
Brand: Lexus
Price: 429 USD
Availability: InStock

Updated November 2026 · Offer source

Advertised$429/mo

Due at signing$3,999

Term42 months

True cost$514/mo

GradeA

Offer endsNovember 30, 2026

vs rivals: Lexus RZ $674/mo · Genesis GV60 $831/mo · Genesis GV70 $639/mo

All 13 small luxury SUVs with a lease, ranked →

Deal grade

Advertised

$429/mo

True cost

$514/mo

Graded on true cost as a percent of MSRP, against other small luxury SUVs. This lease is 1.05%. How we grade

How $429 becomes $514

The ad says $429 a month, and it also asks for $3,999 at signing.
$429 of that is your first payment. The other $3,570 is extra money that you pay up front.
Spread across the 42 months of the lease, $3,570 is $85 a month.

$429advertised payment

$85up-front money, each month

$514true cost a month

$3,999

Due at signing

42 mo

Term

$21,588

Total cost

1.05%

Of MSRP each month

Every offer, ranked by true cost

Trim	Advertised	Due	Term	True cost	Grade
2026 NX 350 AWD NX 350 AWD MSRP $49,115	$429	$3,999	42 mo	$514	A
2026 NX 350h FWD NX 350h FWD MSRP $47,895	$489	$3,981	42 mo	$572	B
2026 NX 450h+ PREMIUM AWD NX 450h+ PREMIUM AWD MSRP $61,334	$509	$3,999	42 mo	$592	A+

The math for the 2026 NX 350 AWD

Due at signing, with payment 1 in it: $3,999
41 more payments of $429: $17,589
Total for 42 months: $21,588
True cost each month: $514
Cost for each mile, with 35,000 miles allowed: $0.62
Interest rate inside the lease, from a money factor of 0.00178: 4.27%
Price to buy the car when the lease ends: $30,942
Lease cash already in the payment: $1,000

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

$349/mo

True cost

$460/mo

Graded on true cost as a percent of MSRP, against other small luxury SUVs. This lease is 0.94%. How we grade

How $349 becomes $460

The ad says $349 a month, and it also asks for $4,999 at signing.
$349 of that is your first payment. The other $4,650 is extra money that you pay up front.
Spread across the 42 months of the lease, $4,650 is $111 a month.

$349advertised payment

$111up-front money, each month

$460true cost a month

$4,999

Due at signing

42 mo

Term

$19,308

Total cost

0.94%

Of MSRP each month

Every offer, ranked by true cost

Trim	Advertised	Due	Term	True cost	Grade
2026 NX 350 AWD NX 350 AWD MSRP $48,640	$349	$4,999	42 mo	$460	A+
2026 NX 350h PREMIUM AWD NX 350h PREMIUM AWD MSRP $50,930	$499	$4,999	42 mo	$606	B
2026 NX 450h+ PREMIUM AWD NX 450h+ PREMIUM AWD MSRP $61,685	$569	$4,999	42 mo	$674	A

The math for the 2026 NX 350 AWD

Due at signing, with payment 1 in it: $4,999
41 more payments of $349: $14,309
Total for 42 months: $19,308
True cost each month: $460
Cost for each mile, with 35,000 miles allowed: $0.55
Interest rate inside the lease, from a money factor of 0.00125: 3.00%
Price to buy the car when the lease ends: $30,643
Lease cash already in the payment: $1,000

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

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

B+

Deal grade

Advertised

$469/mo

True cost

$553/mo

Graded on true cost as a percent of MSRP, against other small luxury SUVs. This lease is 1.12%. How we grade

How $469 becomes $553

The ad says $469 a month, and it also asks for $3,999 at signing.
$469 of that is your first payment. The other $3,530 is extra money that you pay up front.
Spread across the 42 months of the lease, $3,530 is $84 a month.

$469advertised payment

$84up-front money, each month

$553true cost a month

$3,999

Due at signing

42 mo

Term

$23,228

Total cost

1.12%

Of MSRP each month

Every offer, ranked by true cost

Trim	Advertised	Due	Term	True cost	Grade
2026 NX 350 AWD NX 350 AWD MSRP $49,184	$469	$3,999	42 mo	$553	B+
2026 NX 350h PREMIUM AWD NX 350h PREMIUM AWD MSRP $54,144	$569	$3,999	42 mo	$651	B
2026 NX 450h+ PREMIUM AWD NX 450h+ PREMIUM AWD MSRP $61,149	$629	$3,999	42 mo	$709	B+

The math for the 2026 NX 350 AWD

Due at signing, with payment 1 in it: $3,999
41 more payments of $469: $19,229
Total for 42 months: $23,228
True cost each month: $553
Cost for each mile, with 35,000 miles allowed: $0.66
Interest rate inside the lease, from a money factor of 0.00205: 4.92%
Price to buy the car when the lease ends: $30,986
Lease cash already in the payment: $1,000

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

$409/mo

True cost

$518/mo

Graded on true cost as a percent of MSRP, against other small luxury SUVs. This lease is 1.04%. How we grade

How $409 becomes $518

The ad says $409 a month, and it also asks for $4,999 at signing.
$409 of that is your first payment. The other $4,590 is extra money that you pay up front.
Spread across the 42 months of the lease, $4,590 is $109 a month.

$409advertised payment

$109up-front money, each month

$518true cost a month

$4,999

Due at signing

42 mo

Term

$21,768

Total cost

1.04%

Of MSRP each month

Every offer, ranked by true cost

Trim	Advertised	Due	Term	True cost	Grade
2026 NX 350 AWD NX 350 AWD MSRP $49,689	$409	$4,999	42 mo	$518	A+
2026 NX 350h PREMIUM AWD NX 350h PREMIUM AWD MSRP $53,750	$529	$4,999	42 mo	$635	B+
2026 NX 450h+ PREMIUM AWD NX 450h+ PREMIUM AWD MSRP $61,739	$589	$4,999	42 mo	$694	B+

The math for the 2026 NX 350 AWD

Due at signing, with payment 1 in it: $4,999
41 more payments of $409: $16,769
Total for 42 months: $21,768
True cost each month: $518
Cost for each mile, with 35,000 miles allowed: $0.62
Interest rate inside the lease, from a money factor of 0.00205: 4.92%
Price to buy the car when the lease ends: $31,304
Lease cash already in the payment: $1,500

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 NX lease changed

Since October 12, 2026, the true cost went down by $73 a month, from $587 to $514.

October 12, 2026: $489/mo, $3,999 due, 36 mo: $587
October 17, 2026: $489/mo, $3,999 due, 36 mo: $587
October 31, 2026: $489/mo, $3,999 due, 36 mo: $587
November 5, 2026: $429/mo, $3,999 due, 42 mo: $514
November 11, 2026: $429/mo, $3,999 due, 42 mo: $514

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

How it ranks among small luxury SUVs

The Lexus NX has the 3rd lowest true cost of 13 small luxury SUVs with an advertised lease this month. The lowest is the Lexus UX at $436 a month.

The middle true cost in the class is $674 a month, and the Lexus NX costs $160 less. Each month it costs 1.05% of its MSRP, and the middle of the class is 1.31%.