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The smart way to stay ahead in the automotive world

Lexus targets young buyers with subscription-style, all-inclusive lease

21 March 2024, 11:39 am

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Lexus targets young buyers with subscription-style, all-inclusive lease
Image: CarExpert
Lexus targets young buyers with subscription-style, all-inclusive lease
Image: CarExpert

AutoExec Summary
Lexus is introducing a Full-Service Lease option for its new LBX hybrid SUV, covering registration, insurance, and servicing under a single monthly payment. The lease can last up to five years, with the option to return the car, lease it again, or switch to a new vehicle. The move is aimed at attracting younger buyers, with potential for expansion to other models in the future. Toyota Finance has also announced a similar lease option for its bZ4X electric SUV.

Brands mentioned: Lexus, Toyota

 

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