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

Gap in total cost

$4,771

  • 0% wins by $4,771.
  • 0% APR: $633 a month, $41,960 total.
  • Rebate at 7.0%: $713 a month, $46,731 total.
  • The rebate wins below 2.1% APR.
  • 300 RWD, $39,585 with destination.
  • Cheaper than 45% 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$42.0kRebate, 7.0% APR$46.7k
Down payment plus 60 months of payments. Orange: cheaper.
2020 Lexus IS: both offers by trim, 10% down
TrimPrice0% APR a monthRebate a month0% APR totalRebate totalCheaper
300 RWD$39,585$633$713$41,960$46,7310% APR
IS 300 F SPORT RWD$39,585$633$713$41,960$46,7310% APR
300 AWD$42,035$673$759$44,557$49,7700% APR
IS 300 F SPORT AWD$42,035$673$759$44,557$49,7700% APR
350 RWD$43,205$691$782$45,797$51,2210% APR
IS 350 F SPORT RWD$43,205$691$782$45,797$51,2210% APR
350 AWD$45,370$726$823$48,092$53,9070% APR
IS 350 F SPORT AWD$45,370$726$823$48,092$53,9070% APR

What this cannot tell you

Dealer price and fees differ.

Some states tax the price after the rebate.

How values are checked