Lexus Financial Services

Finance Your Lexus

Purchase financing with Lexus Financial Services is a straightforward process that can be arranged prior to or at the time of purchase. You can submit a credit pre-approval request online and finalize all of the necessary arrangements when you visit your Lexus Dealership. Lexus Financing and the subsequent ownership experience offers plenty of advantages.

The Fine Print

Simple Interest Financing

Lexus purchase financing plan uses the simple interest method to calculate daily interest charges. In this method, a payment received one day early would result in an interest credit (cost savings) and a payment received one day late would be subject to an extra day of interest.

Competitive and Flexible

You will find that our finance rates are very competitive. No fee to pay out your account early applies. Lexus Financial Services offers flexible terms that are tailored to meet your needs.

Peace Of Mind Protection

Extra Care Protection

To further enhance your Lexus ownership experience, we offer Lexus Extra Care Protection (ECP) extended service contracts for terms up to 96 months/200,000 kms (whichever comes first). Fully-transferrable ECP contracts provide enhanced protection for Lexus Clients, above and beyond the factory warranty, with coverage like Trip Interruption, Vehicle Rental Assistance, Personalized Trip Planning and Roadside Assistance. The price of the ECP contract can be financed with your Lexus automobile.

Financial Options

Monthly or Bi-Weekly Payments

Lexus Financial Services offers you the convenience of making your monthly or bi-weekly payments automatically through your chequing account by using our DIRECT PAYMENT PLAN feature.

Lump Sum Payments

Should you elect to make a lump sum payment towards your Lexus Purchase loan, you receive full value for your payment thanks to our simple interest method. When your payment is received, we will deduct a portion for interest earned from the date of your previous payment and apply the balance to the principal. You will reduce your financing term and realize a savings in interest cost.

Lease Your Lexus

Lease Your Lexus

Leasing with Lexus Financial Services is an attractive alternative to purchasing a new Lexus. It enables you to secure the use of a Lexus vehicle for your preferred period of time (up to 5 years) and only pay for the value of vehicle used during that term. The Lexus Lease offers plenty of advantages.

Configure & Price

The Fine Print

Lease Type

Lexus Financial Services offers Closed-end Leasing. When you lease a new Lexus, we estimate and guarantee the value of the vehicle at the end of your lease, based on our knowledge and experience and market conditions. You assume responsibility for maintaining the vehicle's overall condition as detailed on the lease agreement (appearance, mechanical) and staying within the agreed kilometre allowance*. Your lease payments are calculated based on the difference between the purchase price and the lease-end value. Plus, when your term is complete, you can choose to return* your Lexus or purchase it.

Full Disclosure

The Lexus lease contains full disclosure and is written in plain language. All contract details and components for payment calculation are detailed up-front so you'll understand what to expect from start to finish. Our exceptional Leasing Consultants at your Lexus Dealership can help clarify or respond to any questions or concerns.

Peace of Mind Protection

Guaranteed Asset Protection (GAP)

Included in all Lexus Leases, GAP covers the difference between what you owe on the remainder of your lease and the amount of your insurance settlement if your vehicle is declared a total loss. When "the GAP" is covered, you are responsible only for excess kilometre charges and any pre-existing damage to the vehicle.

Wear Pass - Excess Wear and Tear Coverage

Normal wear and tear to a vehicle is to be expected. Occasionally, unexpected incidents can cause damage exceeding normal wear or use – damage that is chargeable to you at the end of your lease. That's why Lexus offers supplemental Wear Pass, designed to eliminate those additional charges.

Financial Options

Pre-Paid Lease

The option of a Pre-Paid lease allows you to pay the total lease obligation up-front and benefit from a reduction in finance charges and the convenience of no monthly payments. Compared to a cash purchase, the Pre-Paid lease enables you to pay for only the value of the vehicle that you use during your lease term, saving you cash for other purposes.

Customize your Lease

The Lexus Lease is your lease. You can adjust your lease options to meet your financial and driving requirements:

  • Select a lower cost Low Kilometre lease if you drive fewer than 20,000 kilometres annually
  • Purchase additional kilometres at reduced rates at the beginning of the lease
  • Make a down payment to reduce your monthly lease payments
  • Provide multiple security deposits to receive a reduction in the interest rate used to calculate your lease


The Lexus Encore program was created to reward previous Guests of Lexus Financial Services. Lexus Clients may receive a reduction in the annual interest rate and full waiver of the security deposit. To qualify, the Client must have financed or leased through Lexus Financial Services within the last 24 months with a minimum of 12 months activity. Payments must have been made in accordance with the terms of the agreement and the Guest will have to qualify for the lease of a new vehicle. May not be combined with other loyalty programs.

Wear Pass Lease Protection

Wear Pass Lease Protection

Your Lexus is engineered to amaze, and driving it should be worry free. That's why we offer "Wear Pass" Lease Protection.

Wear Pass protects you from additional charges at lease end if your Lexus incurs damage beyond what is normal everyday use.

With Wear Pass, you can now rest easy knowing Lexus will be waiving up to $7,500 in charges* at lease end, related to damage or use beyond the normal wear and tear specified in your Lease Agreement, such as:

  • Up to 1,000 excess kilometres
  • Damaged, worn, or bald tires
  • Damaged windshields
  • Scratches, dents, dings, gouges, cracks, chips, missing or broken wheel covers, cuts, tears, stains and burn holes up to maximum of $7,500
  • Single items that are less than $1,000 each
  • Missing items up to $150 value, excluding key fobs

*Please contact your Lexus Dealership for full details.

Avoid surprises! Review our Excess Wear and Tear Guidelines and Charges for specific examples of what is considered excess.