Lexus Complete Lease Program to Debut with UX Crossover

Posted by Kevin on September 14th, 2018

The Lexus UX will be available with a new leasing program when it arrives in American dealerships later this year. Called Lexus Complete Lease, the new program will be a two-year lease that includes both insurance and maintenance in the price.

The Complete Lease program will launch in Boston, Chicago, Los Angeles & Miami before expanding into other markets. There is no vehicle “swapping”, so leasers will remain in the same UX through the two years. Mileage is limited to 20,000 miles in total.

This pilot is just the beginning for alternative vehicle “ownership” programs from Lexus — Digital Trends spoke with USA general manager of product and consumer marketing Cynthia Tenhouse:

“We are studying other subscription, ride-sharing, and car-sharing options as well. This is our first entry,” [Lexus’ general manager of product and consumer marketing Cynthia] Tenhouse hinted. She stopped short of revealing what else Lexus is looking at. And, while only UX customers will be eligible to sign up for Lexus Complete Lease when the program launches, there’s a strong chance it will become available on other models in the coming months or years.

“We will expand it,” affirmed Tenhouse. When and in which direction will largely depend on how buyers respond to the idea of selecting a car like they choose a smartphone.

Lexus UX: First Generation
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Comments
GTG
  • GTG
    GTG
  • April 10, 2018
I saw someone say the NX is cheaper than the XC40 , no it’s not on a lease . The lease price is different from what I was talking about . The price that I was talking about was including full coverage insurance for the subscription . Let’s remember that no money down is savings and that could be what you pay for the car for a year so you are already saving money . Leasing only saves money if your credit is 760 to 800 and whatever, so your down payment is less added with a relationship with the brand and time of year with the model you want . It would be less hassle to do a subscription but you still need good credit .
krew
  • krew
    krew
  • September 14, 2018
krew

Lexus Complete Lease Program to Debut with UX Crossover
[​IMG]

Insurance, maintenance included.
View the original article post
krew
  • krew
    krew
  • September 14, 2018
krew

Lexus Complete Lease Program to Debut with UX Crossover
[​IMG]

Insurance, maintenance included.
View the original article post
krew
  • krew
    krew
  • September 14, 2018
krew

Lexus Complete Lease Program to Debut with UX Crossover
[​IMG]

Insurance, maintenance included.
View the original article post
T
Insurance, maintenance included.
Now that's intriguing. I love the idea of simplicity with everything included, but of course I fear the price premium.
zeusus
TheNerdyPotato
Now that's intriguing. I love the idea of simplicity with everything included, but of course I fear the price premium.
The insurance aspect is most interesting, Lexus could get corporate mass association pricing.

It would be even better if they broke down the various costs in the "Lexus Complete Lease" price so people could find out if they're saving anything over their own insurance.

They are definitely on the right track, giving people flexibility in the time of their lease so they don't have to commit too hard on the UX and keeping all maint. in house so the residual has a better shot. Everyone wins.
M
20k miles is nothing really.
Joaquin Ruhi
mediumhot
20k miles is nothing really.
Agreed. 10k miles/year is definitely on the low end.

Interesting that the rumored UX-based subscription program (most closely resembling Volvo's XC40 offering) morphed into an insurance-inclusive 2-year lease with a couple of additional oil changes thrown in. (Free 5000 and 10,000-mile oil changes are already included on all new Lexus vehicles in the U.S., so this just adds the broader 15,000-mile maintenance and 20,000-mile oil change to what the Complete Lease includes).
S
Joaquin Ruhi
Agreed. 10k miles/year is definitely on the low end.

Interesting that the rumored UX-based subscription program (most closely resembling Volvo's XC40 offering) morphed into an insurance-inclusive 2-year lease with a couple of additional oil changes thrown in. (Free 5000 and 10,000-mile oil changes are already included on all new Lexus vehicles in the U.S., so this just adds the broader 15,000-mile maintenance and 20,000-mile oil change to what the Complete Lease includes).
yes, what else could it be?

S