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Lexus End of lease
Experience Amazing All over again
Leasing a Lexus is one of the best ways to experience everything that Lexus has to offer - from a new generation of exceptionally advanced Lexus vehicles, to the exclusive rewards and opportunities of being a Lexus Guest. There’s no better time to start thinking about your next vehicle while you still have time left on your current lease
The Choice is Yours
The end of your Lexus lease is the start of your options.
You can choose to lease a new Lexus vehicle and experience a new generation of amazing, buy-out your current Lexus and continue your journey together, or return your leased vehicle. Every option comes with its own requirements. Take a moment to explore your options, and learn about the next steps.
Now there’s even more incentive to lease another new Lexus.
The Benefits of Leasing
Leasing brings a number of benefits - from flexible terms suited to your driving needs, to the unbridled joy of getting into a new Lexus more often. With a new generation of Lexus vehicles to choose from, the benefits of leasing keep getting better.
A Reward for Your Loyalty
As a loyal Lexus Guest, we’re pleased to offer you a 1.5%* loyalty rate reduction when you renew your lease with Lexus Financial Services. Now you can get more Lexus for a lower payment than ever before.
Lease end options
Option 1
Lease a new lexus
UP TO
1.5%*
LEASE LOYALTY RATE REDUCTION
Lexus is pleased to offer current lease and finance Guests a 1.5%* loyalty rate reduction when you lease another Lexus vehicle through Lexus Financial Services.
Start a New Journey
Moving from your current Lexus lease to a new one requires only a few steps. Start by contacting your Lexus Dealership to discuss your vehicle needs and desires, and to discover the best options available. Your Dealership will also set up a complimentary inspection for your current Lexus. As a Lexus lease or finance Guest, you are also eligible for a loyalty rate reduction of 1.5%*. Get started today.
Vehicle Inspection
Every Lexus is designed with quality, durability and reliability in mind. Still, scuffs and scrapes do happen. Some items fall within acceptable wear and tear. Some may require repair prior to your vehicle’s return date. Understanding and following the inspection process will ease the exchange process.
Your Lexus Dealership is pleased to discuss your options in person.
Option 2
Return Your Current Lexus
UP TO
1.5%*
LEASE LOYALTY RATE REDUCTION
Lexus is pleased to offer current lease and finance Guests a 1.5%* loyalty rate reduction when you lease another Lexus vehicle through Lexus Financial Services.
Lease-End Process
Leasing from Lexus provides a number of benefits, including a 1.5%* loyalty rate reduction for current Lexus lease or finance Guests. Should you decide to end your lease, the process is easy and straightforward. It does require that you take certain steps prior to returning your vehicle, starting with a vehicle inspection.
Steps to Returning Your Lexus
An important step to returning your Lexus vehicle is to contact your Dealership. They can clarify timing and next steps -- including a vehicle inspection, and the potential for repair prior to your vehicle’s return date.
Your Lexus Dealership is pleased to discuss your options in person.
Option 3
Purchase your Current Lexus
UP TO
1.5%*
LEASE LOYALTY RATE REDUCTION
Lexus is pleased to offer current lease and finance Guests a 1.5%* loyalty rate reduction when you lease another Lexus vehicle through Lexus Financial Services.
Continue Your Journey Together
If you decide that the Lexus you’re driving now is still the ideal vehicle for your lifestyle, you can choose to buy-out your lease. Contact your Lexus Dealership for details on a range of available terms and options.
Payout Quote Process
If you decide to buy-out your Lexus lease, your can contact your Dealership or Lexus Financial Services directly. They can inform you of the current buy-out amount required to payout your lease account.
Financing Information
Lexus Financial Services is happy to help you finance the purchase of your Lexus vehicle at lease-end. Simply visit Lexus Financial Services online or in person through your Lexus Dealership.
Your Lexus Dealership is pleased to discuss your options in person.
Frequently Asked Questions
It is recommended that you return your vehicle to the Lexus Canada Dealer from which it was leased. However you are more than welcome to return it back to any of our 39 authorized Lexus Dealerships. Should you be unable to return to your original Dealer please contact our Customer Service Department at 1 800 26‑LEXUS (1 800 265‑3987).
You should receive a letter prior to the maturity date of your lease contract, at which point you should contact a Lexus Dealership to make an appointment for the inspection and vehicle return.
Should you wish to return your vehicle prior to lease end please refer to the Early Termination section of your contract or contact your Lexus Dealer or Lexus Financial Services to discuss.
As a returning Lexus Guest, you will be eligible for the Lexus Lease Loyalty offer. Please contact your Lexus Dealer to setup an appointment to evaluate your options and take advantage of this exclusive loyalty offer.
If you are unable to return your vehicle by or on your lease-end date, please contact Lexus Financial Services to discuss your options for alternative arrangements at least 14 days prior to the return date.
If there are no outstanding charges due on your lease, your security deposit will be mailed to you within a few weeks after Lexus Financial Services receives and processes your vehicle condition report.
Depending on your agreement, you can be responsible for a number of outstanding charges, including:
- Excess kilometres
- Excess wear and tear
- Any and all applicable taxes
The customer is responsible for the vehicle's overall condition as detailed on the lease agreement (appearance, mechanical condition etc.).
Visit our End of Lease page.