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0% financing or a rebate on a 2020 Lexus ES?

Gap in total cost

$5,013

  • 0% wins by $5,013.
  • 0% APR: $655 a month, $43,381 total.
  • Rebate at 7.0%: $738 a month, $48,394 total.
  • The rebate wins below 2.1% APR.
  • 350 FWD, $40,925 with destination.
  • Cheaper than 42% of 103 sedans (2020) by MSRP.

Pick another car

Offers change monthly. Enter the dealer's numbers.

7.0% APR. 60 months. 6% sales tax on the price. Tax on the price before the rebate.

0% APR$43.4kRebate, 7.0% APR$48.4k
Down payment plus 60 months of payments. Orange: cheaper.
2020 Lexus ES: both offers by trim, 10% down
TrimPrice0% APR a monthRebate a month0% APR totalRebate totalCheaper
350 FWD$40,925$655$738$43,381$48,3940% APR
ES 300h FWD$42,835$685$775$45,405$50,7630% APR
Hybrid 300h FWD$42,835$685$775$45,405$50,7630% APR
350 Luxury FWD$43,780$701$793$46,407$51,9360% APR
350 Ultra Luxury FWD$44,775$716$812$47,462$53,1700% APR
350 F Sport FWD$45,660$731$828$48,400$54,2680% APR
ES 300h Luxury FWD$45,690$731$829$48,431$54,3050% APR
Hybrid 300h Luxury FWD$45,690$731$829$48,431$54,3050% APR
ES 300h Ultra Luxury FWD$46,685$747$848$49,486$55,5390% APR
Hybrid 300h Ultra Luxury FWD$46,685$747$848$49,486$55,5390% APR

What this cannot tell you

Dealer price and fees differ.

Some states tax the price after the rebate.

How values are checked