When we drove the Lexus RX plug-in hybrid earlier this month, we called it the ultimate luxury SUV for EV skeptics. Range anxiety isn’t an issue in a PHEV, but the RX 450h+ can also function much like a smooth, refined EV for shorter distances. The beauty of the RX—one of the best-selling luxury vehicles in the country—is its diversity of powertrain options. This month, Lexus is running lease deals on gas, hybrid, and PHEV RX SUVs, so here’s a look at what they’ll cost you.
This Month’s Lexus RX Lease Deals
Jared Rosenholtz/Autoblog
This month’s Lexus RX lease offers apply to the RX 350, RX 350h Premium AWD, and RX 450h+ Premium AWD. The base RX 350 is the cheapest way into this Lexus SUV, while the other two are more efficient (and powerful) options in mid-range Premium guise. The Lexus RX’s lease price starts at $499 this month for the RX 350, with $4,999 due at signing. Here’s how the three lease deals compare.
| RX 350 | RX 350h Premium | RX 450h+ Premium | |
| Lease term | 36 months | 36 months | 36 months |
| Lease price per month | $499 | $629 | $649 |
| Due at signing | $4,999 | $4,999 | $5,999 |
| Miles included per year | 10,000 | 10,000 | 10,000 |
These are all low-mileage lease deals with 10,000 miles included annually. After that, drivers will be liable for $0.25 for every additional mile. As is often the case, these costs exclude tax, title, licensing, and registration fees. These RX leasing deals are available in AK, AZ, CA, CO, ID, MT, NM, NV, OR, UT, WA, and WY. We recommend using your zip code to check for specific deals in your area, which you can do via the Lexus website.
All three deals expire on June 1, 2026.
RX Powertrains Compared
Jared Rosenholtz/Autoblog
The main difference between these models relates to the powertrain. In the RX 350, there’s a 2.4-liter turbocharged four-cylinder producing 275 horsepower and 317 lb-ft of torque. Both hybrids have a 2.5L four-pot, but while the RX 350h makes 246 hp/233 lb-ft combined, the RX 450h+ generates 304 hp. Both hybrids have standard AWD, whereas the RX 350 comes with FWD as standard and optional AWD. The RX 350 and RX 350h have similar acceleration, with a 0-60 time in the mid-seven-second range, but the 450h+ does the same sprint in just 6.2 seconds.
You can get up to 36 mpg combined in the 350h, far better than the 350 FWD’s 25 mpg. The 450h+ is best, though, with a 35-mpg combined rating and 38-mile all-electric range. If you have a home charger, it’s feasible that your daily commute could be done on electric power alone.
Verdict: You Can’t Go Wrong With Any RX
The Lexus RX has remained a strong seller for good reason. It ranks highly for comfort, quality, and reliability, while being just the right size for many buyers. And, at $499 per month to start, it’s a full $400 cheaper per month to lease than a German SUV like the BMW X5; even the X3 is $100 more per month to lease. Yes, the BMWs are more potent, performance-focused vehicles. But day-to-day, the Lexus is just as effective as a practical family crossover, far more reliable, and has the availability of two ultra-efficient hybrid options. It’s the perfect luxury SUV for most people.
Jared Rosenholtz/Autoblog
Disclaimer: This article is provided for informational purposes only. The information presented herein is based on manufacturer-provided lease offer information, which is subject to frequent change and may vary based on location, creditworthiness, and other factors. We are not a party to any lease agreements and assume no liability for the terms, conditions, availability, or accuracy of any lease offers mentioned. All terms, including but not limited to pricing, mileage allowances, and residual values, require direct verification with an authorized local OEM dealership. This article does not constitute financial advice or an endorsement of any particular lease or vehicle.
About the author
Karl Furlong
Senior Editor, Autoblog