What Lexus IS car finance options are available in the UK?

When financing a Lexus IS in the UK, you typically have three main car finance options: Personal Contract Purchase (PCP), Hire Purchase (HP), and Lease Purchase. Each option offers different benefits depending on whether you want to own the car outright, keep monthly payments low, or have flexibility at the end of the agreement. Our comparison service can help you explore these car finance types to find the best fit for your needs.

Can I get a Lexus IS with no deposit car finance?

Yes, it is often possible to secure Lexus IS car finance with no upfront deposit, especially through specialist finance providers. While a deposit can sometimes lead to lower monthly payments, many of our brokers offer flexible solutions. Our car finance calculator can help you explore different scenarios, including no-deposit options, to see how they impact your monthly payments and overall car finance quote.

What kind of car finance interest rates can I expect for a Lexus IS?

At Prefinance, our specialist brokers offer competitive car finance interest rates starting from 7.9% APR, with a representative APR of 8.9%. The exact car finance APR calculator figure you receive will depend on your individual credit profile and the specific Lexus IS you're financing. We compare multiple car finance providers to help you find the lowest APR available for your circumstances.

How does PCP finance for a Lexus IS work?

PCP finance for a Lexus IS involves lower monthly payments compared to HP because you're not paying off the car's full value. Instead, a portion of the car's value is deferred to a final, optional balloon payment. At the end of the PCP finance term, you have the choice to pay the balloon payment and own the car, return the car, or use any equity towards a new vehicle. Our PCP finance calculator can illustrate these options for you.

Why should I use Prefinance instead of Lexus dealer finance?

Lexus dealer finance often comes with higher commission structures built into the rates, which can mean you pay more over the term. As a comparison service, Prefinance leverages technology to compare multiple specialist brokers, giving you access to a wider range of car finance deals and often significantly lower car finance interest rates. We help customers save money compared to standard dealer finance by finding the most competitive car finance providers for your Lexus IS.

Are there mileage limits on Lexus IS PCP car finance?

Yes, if you choose PCP car finance for a Lexus IS, you will agree to an annual mileage limit. This limit is used to help determine the car's Guaranteed Future Value (GFV) and, consequently, your monthly payments. Exceeding this agreed mileage can result in excess mileage charges if you decide to hand the car back at the end of the agreement. Hire Purchase (HP) and Lease Purchase typically don't have these mileage restrictions.

Can I get finance for an older Lexus IS model?

Yes, it is often possible to get car finance for an older Lexus IS model, even if it's outside the typical age limits for some mainstream lenders. Our panel of specialist finance brokers are adept at arranging finance for a wider range of vehicles, including those that might be considered older. We can compare HP, PCP, and Lease Purchase options to find a suitable car finance deal for your chosen vehicle.

What is a 'balloon payment' in Lexus IS finance?

A balloon payment is a lump sum amount due at the end of a PCP finance or Lease Purchase agreement for your Lexus IS. This payment represents the car's estimated future value. With PCP car finance, this payment is optional; you can pay it to own the car, return the car, or part-exchange. With a Lease Purchase, the HP balloon payment is typically a mandatory final payment you must make to own the vehicle.

How can I calculate my potential Lexus IS monthly payments?

You can easily calculate your potential Lexus IS monthly payments using our online car finance calculator. Simply input the vehicle's price, your desired deposit, and the finance term. Our car finance calculator will then provide you with an estimated car finance quote, allowing you to compare different car finance options like PCP finance and HP to see what best fits your budget.

Can I arrange Lexus IS finance before visiting a showroom?

Absolutely. Arranging your Lexus IS car finance before visiting a showroom puts you in a stronger negotiating position and provides clarity on your budget. Prefinance allows you to get a pre-approved car finance quote by comparing car finance providers, so you know exactly what you can afford. This allows you to focus on finding the perfect Lexus IS without the pressure of on-the-spot dealer finance decisions.

Best finance deals LexusIS

The best used Lexus IS finance deals

Use our Lexus IS finance calculator to compare PCP and HP payments on the exact car you want - using a URL, a registration number, or just the make and model. Lexus dealerships often mark up their finance rates to boost their profits. At Prefinance, we cut out the middleman. You find the IS on AutoTrader, Motors.co.uk, or anywhere else and we provide the funding at a rate that beats the dealer. Rates starting from 7.9% - Representative APR 8.9%.

Get a quote Learn more

Why choose an Lexus IS?

The Lexus IS carves out a unique and highly desirable niche in the used luxury sport sedan market, standing as a testament to reliability, refined performance, and enduring style. It's the perfect choice for discerning drivers who crave the exhilarating dynamics of a German competitor but demand the bulletproof dependability and lower running costs that Lexus is renowned for. This makes a used IS an intelligent acquisition for anyone seeking an engaging daily driver that won't break the bank in the long run.

Under the hood, models like the IS 350 boast a potent 3.5-liter V6 engine, delivering around 311 horsepower and a 0-60 mph sprint in the mid-5-second range, paired with a smooth 8-speed automatic transmission and available all-wheel drive for confident handling in any condition. Inside, the cabin exudes luxury with high-quality materials, supportive seating, and intuitive technology like the available 10.3-inch infotainment display with Apple CarPlay and Android Auto. As a used purchase, the Lexus IS offers exceptional value, retaining its sophisticated appeal and delivering premium features at a fraction of its original MSRP, all while benefiting from Lexus's legendary resale value and low maintenance needs. Its distinctive L-finesse design language ensures it still turns heads, making it a truly standout choice.

Financing an IS:

The Lexus IS stands out as an excellent choice for financing, and here's why. This model boasts strong residual values and high desirability, which directly benefits customers choosing PCP (Personal Contract Purchase) finance. Higher residual values mean lower monthly payments for you, as a larger portion of the vehicle's value is deferred to the optional final payment.

We make financing accessible with APR rates starting from a competitive 7.9%, with a representative APR of 8.9% . We also offer incredibly flexible terms, able to fund Lexus IS models of various ages. Our advanced comparison technology works to find the best lender and finance package tailored to your specific vehicle and circumstances. Don't just take our word for it – try a comparison today and see how affordable a Lexus IS can be!

Get a quote Learn more