Connect with us

Lexus Jumps into Subscription Service Market

(Credit: Lexus )

Latest Car News

Lexus Jumps into Subscription Service Market

Automakers are starting to see the advantages of subscription services. Cadillac, Volvo, Mercedes, Jaguar Land Rover, and others have announced or already put a plan in place. Add to the list Lexus, which will roll out Lexus Complete Lease. Yes, these are all luxury brands, and that’s no coincidence.

Like Volvo, Lexus will offer a single vehicle for the subscription, at least to start. The new UX crossover, a subcompact aimed at urbanites concerned with space constraints, will be the single for the Lexus Complete Lease program.

You might ask how this subscription service is different from leasing a Lexus UX? Well, like the Volvo service where you can only get the XC40, this one covers the lease payment, vehicle insurance in its entirety, plus all maintenance. Will it be worth the cost? Nobody knows for sure, because Lexus hasn’t announced pricing yet.

Lexus Complete Lease will launch in the first quarter of 2019, which is when the Lexus UX hits the market. While being able to switch Lexus vehicles depending on your needs or even mood would be great, perhaps that will be a reality soon enough. First, the program will be tested in Miami, Chicago, Boston, and Los Angeles. If a success, expect that list to grow.

There aren’t too many details for the Lexus Complete Lease program yet. Lexus hasn’t even released an official press release. CarBuzz first broke this story, which we will be following.

Click to comment

You must be logged in to post a comment Login

Leave a Reply

More in Latest Car News

SPONSORED

Newsletter

Get Our StoriesIn Your Inbox

Subscribe for our latest news, reviews, and lists.

Popular Stories

Recent Posts

Latest Car News

BMW 2 Series Gran Coupe Disappoints

By Oct 16, 2019

Concept Vehicles

Toyota Makes the Mirai Look Normal

By Oct 11, 2019

Car Manufacturer News

GM Strike Creating Havoc

By Oct 10, 2019

Latest Car News

Lotus Switching to Volvo Engines

By Oct 10, 2019
SPONSORED
To Top