2025 Toyota Camry Lease More Expensive Than Lexus ES
The Toyota Camry received its first major redesign since 2018 for the 2025 model year. The new generation of Camry is particularly notable, as the venerable sedan is now only being offered with a hybrid for the first time in the model's history. Unsurprisingly, this makes the new Camry more expensive than the outgoing model. You can now lease a Lexus ES for less than a Camry XLE. Here's what you need to know about the latest 2025 Toyota Camry lease deals.
A recent dealer bulletin from Toyota revealed the redesigned 2025 Camry's first lease deals. You can lease a base LE model for $359 per month over 36 months with $2,999 due at signing for a $442 effective monthly cost. That's not a standout deal relative to the LE's $29,804 MSRP, but it's over $100 a month cheaper than the equivalent 2024 Camry Hybrid lease.
However, upgrading to the 2025 Camry XLE will set you back $469 a month over 36 months with $2,999 due at signing. The effective monthly cost is $552, which is very steep for this segment; so much so you can lease a luxurious Lexus ES for less.
Right now, you can lease a 2024 Lexus ES 350 FWD for $399 per month over 36 months with $4,999 due at signing. The ES' effective monthly cost works out to $538, which is a much better value given its $47,140 MSRP. Keep in mind this is a non-hybrid ES trim; the ES 300h is $100 more expensive. Still, The ES 350 offers substantial power and comfort upgrades over the Camry for a more affordable lease price.
It shouldn't be that surprising that the initial 2025 Camry lease deals aren't particularly favorable, especially on the higher trims. On top of that, the ES benefits from $1,000 in subvention cash from Lexus Financial Services factored into the lease deal, making it the better sedan to lease right now.
All Toyota deals mentioned are advertised in Los Angeles, while the Lexus offers are available in the Western United States. All offers expire on June 3rd.