Is the Lexus RZ lease a good deal?

Advertised at $579/mo, the Lexus RZ truly costs about $674/mo once the $3,999 due at signing is spread across the 36-month term. We grade it C.

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

About $674 per month, versus the $579 advertised payment.

Lexus RZ Lease Deals: $579/mo, True Cost $674/mo (November 2026)

Name: Lexus RZ lease
Brand: Lexus
Price: 579 USD
Availability: InStock

Updated November 2026 · Offer source

Advertised$579/mo

Due at signing$3,999

Term36 months

True cost$674/mo

GradeC

Offer endsNovember 30, 2026

vs rivals: Lexus NX $514/mo · Genesis GV60 $831/mo · Cadillac XT5 $757/mo

All 13 small luxury SUVs with a lease, ranked →

Deal grade

Advertised

$579/mo

True cost

$674/mo

Graded on true cost as a percent of MSRP, against other small luxury SUVs. This lease is 1.39%. How we grade

How $579 becomes $674

The ad says $579 a month, and it also asks for $3,999 at signing.
$579 of that is your first payment. The other $3,420 is extra money that you pay up front.
Spread across the 36 months of the lease, $3,420 is $95 a month.

$579advertised payment

$95up-front money, each month

$674true cost a month

$3,999

Due at signing

36 mo

Term

$24,264

Total cost

1.39%

Of MSRP each month

Every offer, ranked by true cost

Trim	Advertised	Due	Term	True cost	Grade
2026 RZ 350e RZ 350e MSRP $48,624	$579	$3,999	36 mo	$674	C

The math for the 2026 RZ 350e

Due at signing, with payment 1 in it: $3,999
35 more payments of $579: $20,265
Total for 36 months: $24,264
True cost each month: $674
Cost for each mile, with 30,000 miles allowed: $0.81
Interest rate inside the lease, from a money factor of 0.00165: 3.96%
Price to buy the car when the lease ends: $24,312
Lease cash already in the payment: $3,000

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

$689/mo

True cost

$781/mo

Graded on true cost as a percent of MSRP, against other small luxury SUVs. This lease is 1.39%. How we grade

How $689 becomes $781

The ad says $689 a month, and it also asks for $3,999 at signing.
$689 of that is your first payment. The other $3,310 is extra money that you pay up front.
Spread across the 36 months of the lease, $3,310 is $92 a month.

$689advertised payment

$92up-front money, each month

$781true cost a month

$3,999

Due at signing

36 mo

Term

$28,114

Total cost

1.39%

Of MSRP each month

Every offer, ranked by true cost

Trim	Advertised	Due	Term	True cost	Grade
2026 RZ 450e PREMIUM AWD RZ 450e PREMIUM AWD MSRP $56,295	$689	$3,999	36 mo	$781	C

The math for the 2026 RZ 450e PREMIUM AWD

Due at signing, with payment 1 in it: $3,999
35 more payments of $689: $24,115
Total for 36 months: $28,114
True cost each month: $781
Cost for each mile, with 30,000 miles allowed: $0.94
Interest rate inside the lease, from a money factor of 0.00124: 2.98%
Price to buy the car when the lease ends: $28,148
Lease cash already in the payment: $3,000

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

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

C+

Deal grade

Advertised

$609/mo

True cost

$731/mo

Graded on true cost as a percent of MSRP, against other small luxury SUVs. This lease is 1.36%. How we grade

How $609 becomes $731

The ad says $609 a month, and it also asks for $4,999 at signing.
$609 of that is your first payment. The other $4,390 is extra money that you pay up front.
Spread across the 36 months of the lease, $4,390 is $122 a month.

$609advertised payment

$122up-front money, each month

$731true cost a month

$4,999

Due at signing

36 mo

Term

$26,314

Total cost

1.36%

Of MSRP each month

Every offer, ranked by true cost

Trim	Advertised	Due	Term	True cost	Grade
2026 RZ 350e PREMIUM RZ 350e PREMIUM MSRP $53,634	$609	$4,999	36 mo	$731	C+

The math for the 2026 RZ 350e PREMIUM

Due at signing, with payment 1 in it: $4,999
35 more payments of $609: $21,315
Total for 36 months: $26,314
True cost each month: $731
Cost for each mile, with 30,000 miles allowed: $0.88
Interest rate inside the lease, from a money factor of 0.00165: 3.96%
Price to buy the car when the lease ends: $27,353
Lease cash already in the payment: $3,000

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

$653/mo

Graded on true cost as a percent of MSRP, against other small luxury SUVs. This lease is 1.37%. How we grade

How $529 becomes $653

The ad says $529 a month, and it also asks for $4,999 at signing.
$529 of that is your first payment. The other $4,470 is extra money that you pay up front.
Spread across the 36 months of the lease, $4,470 is $124 a month.

$529advertised payment

$124up-front money, each month

$653true cost a month

$4,999

Due at signing

36 mo

Term

$23,514

Total cost

1.37%

Of MSRP each month

Every offer, ranked by true cost

Trim	Advertised	Due	Term	True cost	Grade
2026 RZ 350e RZ 350e MSRP $47,739	$529	$4,999	36 mo	$653	C
2026 RZ 450e PREMIUM AWD RZ 450e PREMIUM AWD MSRP $54,314	$629	$4,999	36 mo	$750	C

The math for the 2026 RZ 350e

Due at signing, with payment 1 in it: $4,999
35 more payments of $529: $18,515
Total for 36 months: $23,514
True cost each month: $653
Cost for each mile, with 30,000 miles allowed: $0.78
Interest rate inside the lease, from a money factor of 0.00165: 3.96%
Price to buy the car when the lease ends: $23,870
Lease cash already in the payment: $3,000

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

$599/mo

True cost

$721/mo

Graded on true cost as a percent of MSRP, against other small luxury SUVs. This lease is 1.51%. How we grade

How $599 becomes $721

The ad says $599 a month, and it also asks for $4,999 at signing.
$599 of that is your first payment. The other $4,400 is extra money that you pay up front.
Spread across the 36 months of the lease, $4,400 is $122 a month.

$599advertised payment

$122up-front money, each month

$721true cost a month

$4,999

Due at signing

36 mo

Term

$25,964

Total cost

1.51%

Of MSRP each month

Every offer, ranked by true cost

Trim	Advertised	Due	Term	True cost	Grade
2026 RZ 350e RZ 350e MSRP $47,739	$599	$4,999	36 mo	$721	C
2026 RZ 450e PREMIUM AWD RZ 450e PREMIUM AWD MSRP $54,589	$709	$4,999	36 mo	$828	D

The math for the 2026 RZ 350e

Due at signing, with payment 1 in it: $4,999
35 more payments of $599: $20,965
Total for 36 months: $25,964
True cost each month: $721
Cost for each mile, with 30,000 miles allowed: $0.86
Interest rate inside the lease, from a money factor of 0.0027: 6.48%
Price to buy the car when the lease ends: $23,870
Lease cash already in the payment: $3,000

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 RZ lease changed

Since October 12, 2026, the true cost went up by $10 a month, from $664 to $674.

October 12, 2026: $569/mo, $3,999 due, 36 mo: $664
October 17, 2026: $569/mo, $3,999 due, 36 mo: $664
October 31, 2026: $569/mo, $3,999 due, 36 mo: $664
November 5, 2026: $579/mo, $3,999 due, 36 mo: $674
November 11, 2026: $579/mo, $3,999 due, 36 mo: $674

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 RZ has the 7th 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 RZ costs $0 less. Each month it costs 1.39% of its MSRP, and the middle of the class is 1.31%.

The best RZ lease in each regionDallas and 9 more regions$579/mo, $3,999 due$674C
New York and 5 more regions$689/mo, $3,999 due$781C
Chicago and 5 more regions$609/mo, $4,999 due$731C+
Phoenix and 4 more regions$529/mo, $4,999 due$653C
Los Angeles and 2 more regions$599/mo, $4,999 due$721C