2026 Lexus RZ All Electric

2026 Lexus RZ All Electric

Lease the 2026 Lexus RZ 350e from $808 monthly at 0.9% for 24 months with $8,170 down payment.

Includes $1,500 delivery credit on the Lexus 2026 RZ 350e.

Some conditions apply. Offers ends on April 30th, 2026. HST and licensing extra.

§Vehicle Price for a 2026 RZ 350e Signature Package sfx ‘A’ / 2026 RZ 450e Signature Package sfx ‘A’ / 2026 RZ 450e Executive Package sfx ‘E’ / 2026 RZ 550e F SPORT Package sfx ‘F’ is $64,037 / $71,037 / $87,007 / $82,037. Vehicle Price includes Delivery and Destination charge ($2,205), Dealer Fees (up to $999), Tire Charge ($25.00), Filters ($1.22), AC charge ($100), OMVIC ($22.00), and all other applicable fees. Taxes; license; insurance; and registration are extra.

Lexus Dealers are free to set their own prices. Limited time offers only apply to retail customers at participating Lexus Dealers. Dealer order/trade may be required (but may not be available in certain circumstances). Offers are subject to change or cancellation without notice. Offers expire at month’s end unless extended or revised. See your participating Ontario Lexus Dealer for complete details.

*Limited time offer provided through Lexus Financial Services, on approved credit. Up to 3% event rate reduction is available on new unregistered 2026 NXP/RXP/RZ models, and up to 2% event rate reduction is available on new unregistered 2026 IS/ESE/UXH/NX/NXH/RX/RXH/TX/TXH and 2025 IS/ ES/ESH models leased or financed from a participating Lexus Dealer in Canada between April 21, 2026 and April 25, 2026. Customer will receive up to 3% reduction off lease or finance rates currently available through Lexus Financial Services to a minimum of 0% APR. Under no circumstances can rates be reduced below 0% APR. Limited time offer only available to retail customers at participating Lexus Dealers. Cannot be combined with loyalty offers. Employees of Toyota Canada Inc., Lexus Financial Services and Toyota Motor Manufacturing Canada Inc. (including immediate family members) are not eligible for this incentive. Conditions apply. Offer is subject to change or cancellation without notice. See your participating Lexus Dealer for details.

**Lexus is pleased to offer current lease and finance Guests a 1.5% loyalty rate reduction when you lease or finance another Lexus vehicle through Lexus Financial Services. This offer is non-transferrable and is valid at participating Lexus Dealers. This offer can be combined with certain other Lexus Canada incentives, with the exception of: Fleet Subsidy, other loyalty offers and other rate reduction offers. Lease or finance rate will be reduced by 1.5% (to a minimum of 0%). See your Lexus Dealer for full details and exclusions. Employees of Toyota Canada Inc., Lexus Financial Services and Toyota Motor Manufacturing Canada Inc. (including immediate family members) are not eligible for this incentive. This offer is valid for any person who currently leases or finances a Lexus vehicle through Lexus Financial Services.

ΩWhat is a Security Deposit?

Security Deposits are funds (of a pre-determined, required amount set by Lexus Financial Services) paid at the lease inception that reduce the lease rate used to calculate the lease payments. At the end of your lease, the total Security Deposit amount will be fully refunded to you (less any amounts due or owing).

You may provide multiple security deposits (of the pre-determined amount), up to a maximum of 10. Each security deposit (of a pre-determined amount) will help to reduce your lease rate by 0.15%, for a maximum rate reduction of 1.5%.

The example below shows how using multiple security deposits will help to reduce your lease rate. The security deposit amounts in this example are based on the 2026 Lexus RX series, which has a required amount of $1,000 per security deposit. The required amount per security deposit varies by model.

Please contact your local Lexus Dealer for more information on security deposits or visit the Build & Price tool on Lexus.ca.

Based on a starting lease APR of 5.5% Security Deposit Security Deposit Amount Lease Rate Reduction Amount New Lease Rate 1 $1,000 -0.15% 5.35% 2 $2,000 -0.30% 5.20% 3 $3,000 -0.45% 5.05% 4 $4,000 -0.60% 4.90% 5 $5,000 -0.75% 4.75% 6 $6,000 -0.90% 4.60% 7 $7,000 -1.05% 4.45% 8 $8,000 -1.20% 4.30% 9 $9,000 -1.35% 4.15% 10 $10,000 -1.50% 4.00%

How does a Security Deposit differ from a Down Payment?

Unlike security deposits that are refunded at the end of the lease, a down payment is a non-refundable cash amount of money which is paid at the time of delivery of the vehicle to reduce the monthly payment for a vehicle that is financed or leased. The down payment lowers capitalized cost which results in a lower monthly, bi-weekly, or weekly payment amount, however, does not lower the lease rate.

There are no restrictions on the minimum or maximum amount of a down payment.

Can I combine a Security Deposit with a Down Payment?

Yes, you can pay multiple security deposits as well as a down payment at the start of your lease to lower your lease rate while also lowering your lease payments.

Recent News

Top Reasons the 2026 Lexus RZ Is Worth a Test Drive

March 29 2026

Top Reasons the 2026 Lexus RZ Is Worth a Test Drive

If you're shopping for a luxury electric SUV in Ontario, the 2026 Lexus RZ deserves a spot on your shortlist. This isn't just another EV - it's a...
10 Questions Every Ontario Driver Asks Before Moving to the 2026 Lexus RZ All-Electric SUV

January 29 2026

10 Questions Every Ontario Driver Asks Before Moving to the 2026 Lexus RZ All-Electric SUV

Switching to a battery electric vehicle requires careful consideration. The 2026 Lexus RZ is here with comprehensive updates designed to address...
2026 Lexus RZ NACS Charging Port: What It Means for Ontario Electric Vehicle Buyers

November 22 2025

2026 Lexus RZ NACS Charging Port: What It Means for Ontario Electric Vehicle Buyers

The 2026 Lexus RZ adoption of the North American Charging System (NACS) charging port addresses a fundamental concern for Ontario electric vehicle...
2026 Lexus RZ 350e FWD and RZ 550e F SPORT: Two New Ways to Go Electric in Ajax

November 05 2025

2026 Lexus RZ 350e FWD and RZ 550e F SPORT: Two New Ways to Go Electric in Ajax

The 2026 Lexus RZ arrives with two significant additions to the lineup that expand choices for luxury electric vehicle buyers across Ontario. The...
Three Ways to Drive Electric: Comparing the 2026 Lexus RZ Lineup in Durham Region

October 20 2025

Three Ways to Drive Electric: Comparing the 2026 Lexus RZ Lineup in Durham Region

The 2026 Lexus RZ lineup will arrive later this year with three distinct battery-electric powertrains, offering Ontario drivers unprecedented...
Is Ajax Ready for an EV? How the 2026 Lexus RZ's New Range Conquers a Durham Commute

August 05 2025

Is Ajax Ready for an EV? How the 2026 Lexus RZ's New Range Conquers a Durham Commute

Electric vehicles work beautifully for city driving, but what about life in Durham Region? The 2026 Lexus RZ answers this question with updated...
2026 Lexus RZ Delivers 20% More Range, Enhanced Power

March 12 2025

2026 Lexus RZ Delivers 20% More Range, Enhanced Power

The refreshed 2026 Lexus RZ was unveiled with substantial improvements that transform the electric luxury SUV experience. With an impressive 20%...