Lexus ES Deals for November 2026: Leases From $489 a Month

Lexus is offering the 2026 Lexus ES 350e Premium on a lease from $489 a month and financing from 2.99% for 48 months on the 2026 Lexus ES this month. There is also up to $3,500 in customer cash on the 2026 Lexus ES. The program runs through November 30, and the terms differ from one market to the next.

Every one of Lexus’s eighteen markets carries a Lexus ES lease, with payments from $489 to $639 a month depending on the trim and the market, and finance offers reach every market and run from 2.99% to 5.99% depending on the term and the trim, and customer cash is on the table in two markets.

The figures come from Lexus’s offers page, read on November 9 with a ZIP code in each of eighteen metro markets: Los Angeles, San Francisco, Seattle, Phoenix, Denver, Dallas, Houston, Chicago, Detroit, Minneapolis, New York, Boston, Philadelphia, Washington, Atlanta, Miami, Charlotte and St. Louis. Every lease and APR offer requires approval through Lexus Financial Services, the dealer sets the final price, and the offers cannot be combined with Lexus Cash unless Lexus says so.

Lexus’s example for the $489 payment is a 2026 ES 350e PREMIUM with an MSRP of $51,309, a capitalized cost of $43,115 and a lease-end purchase price of $26,681. The $4,999 due at signing includes a $3,615 down payment, the first month’s payment and a $895 acquisition fee. Mileage is capped at 10,000 miles a year, with $0.25 charged for every mile over that.

On the finance side, longer terms cost more: the full menu is 2.99% for 48 months, 3.99% for 48 months, 4.99% for 72 months and 5.99% for 72 months, with the mix varying by market. At 2.99% for 48 months, each $1,000 financed costs $22.13 a month, so a $40,000 loan on those terms runs about $885 a month before taxes and fees.

Lexus’s $1,000 military rebate and $1,000 college rebate also list the Lexus ES as eligible in all eighteen markets, for buyers who qualify.

Compared with the program that ended November 2, the lowest lease payment is $100 a month lower than the $589 of the previous program and the best APR drops from 3.99% to 2.99%.

These offers expire November 30. Lexus’s offers page shows the full list for any ZIP code, and every Lexus ES story is on the Lexus ES hub.