Lexus Payments: What You Need to Know
You can make Lexus payments online, by phone, by mail, or by mobile app—along with third-party services like Western Union and CheckFreePay.
Written by Mariza Morin
Reviewed by Jessica Barrett
Table of Contents
Lexus Financial Services permits customers to make car payments online, by phone, via mail, or with in-person third-party services like Western Union or CheckFreePay. It’s also an option to submit payments with the mobile app.
Not sure how to make a monthly car payment on your brand-new Lexus? No sweat—that’s why we’re here to go over all your payment options. Or if you’re simply just thinking about a Lexus
car loan
or lease, we’ll also take a look at average monthly payments for some of the luxury car brand’s best-selling 2022 models to help you calculate estimated monthly costs. Find out if you can reduce your monthly car payments in minutes
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How to pay your Lexus car bill
Looking to pay your Lexus car bill? Well, buckle up! There are plenty of ways to pay either online, by phone, or by mail—just to name a few.
Online
You can schedule payments online through your bank with either one-time or recurring payments. First, you’ll need to
register
for a Lexus Financial Services (LFS) account and add your bank information to your account settings. You can also sign up for the LFS AutoCheque Program
to set up automatic monthly payments. By phone
Another simple way to make a car payment is by calling Lexus Financial Services 24/7 at (800) 874-7050. This automated phone payment system will help walk you step-by-step through the payment process. You’ll also have the option to speak with a live Lexus agent.
By mail
If you prefer writing a check—no problem! You can easily mail your check and payment stub to the address listed on your monthly statement. Here’s where you can send your payment:
Payment type | Mailing address |
|---|---|
Finance | Lexus Financial Services P.O. Box 5855 Carol Stream, IL 60197-5855 |
Lease | Lexus Financial Services P.O. Box 4102 Carol Stream, IL 60197-4102 |
Puerto Rico customers | Lexus Credit de Puerto Rico Corp. P.O. Box 366251 San Juan, P.R. 00936-6251 |
In person
While you can’t make payments in person at the Lexus dealership, you have the option to use a third-party service like Western Union Quick Collect (WUQC) or CheckFreePay to pay in your Lexus car payment in person.
For Western Union, you can call 1-800-325-6000 or visit
their website
to find the closest location to you. You’ll need to provide the following information to Western Union: LFS account number and Company Name based on your account type. Reference the table below to find the correct Company Name. Cash and debit cards are accepted. Account type | Company |
|---|---|
Retail | Toyota Motor Credit |
Lease | Toyota Lease |
Find out if you can reduce your monthly car payments in minutes
* checking your rate won’t affect your credit score
Check your rate
* checking your rate won’t affect your credit score
For CheckFreePay, you’ll have to visit
their website
to find a nearby retailer location. To make a CheckFreePay payment, you’ll need to provide your Lexus billing statement or account number, along with a photo ID. Only cash is accepted through this third-party service. Keep in mind that both Western Union and CheckFreePay will collect a transaction fee.
By mobile app
Last but not least, you can make a car payment through your smartphone using one of two mobile applications. You can simply download the myLFS app or the Lexus app—but you’ll have to link your LFS account to the latter mobile app before you can make your car payments. Both mobile applications are available through the App Store or Google Play Store.
Can I make my Lexus payments with a credit card?
No—even Western Union will only accept debit cards (or cash). You can only make Lexus payments online through your bank account.
Is there a grace period for Lexus car payments?
Lexus Financial Services has not publicly disclosed a grace period for
late loan payments
. But if you don’t submit your car payment by the due date, late fees will be subject to state laws. Additionally, if your car payment is more than 30 days overdue, then it will be reported to the Credit Reporting Agencies (CRA)—which will affect your credit score.
How much are Lexus payments?
As a luxury car brand, you can expect to pay luxury-sized payments if you’re buying or leasing a brand-new Lexus.
Let’s check out the table below for MSRP ranges and
average loan payments
for some of Lexus’s best-selling models. These averages are based on the base trim for that model, along with a 10% down payment, a 72-month loan term, and an estimated interest rate of 4.90%.Model | MSRP range | Average monthly payment |
|---|---|---|
$38,350 – $56,150 | $607 | |
$45,920 – $58,110 | $715 | |
2022 Lexus RX Hybrid | $49,795 – $55,595 | $775 |
$56,125 – $65,635 | $870 | |
$86,900 – $126,000 | $1,326 | |
2022 Lexus IS | $39,120 – $67,400 | $606 |
$40,950 – $51,330 | $637 | |
2022 Lexus ES Hybrid | $43,225 – $52,405 | $668 |
$76,100 – $112,000 | $1,159 | |
2022 Lexus UX Hybrid | $36,825 – $41,865 | $570 |
$42,820 – $101,095 | $648 | |
2022 Lexus LC | $93,150 – $101,200 | $1,420 |
How much you’ll end up paying monthly for your Lexus payments will depend on your profile. Lenders will look at many important factors such as the price of the vehicle, your down payment size,
credit score
, loan term, trade-in value
, and any special incentives.“Because I have a luxury car, I was more interested in finding better coverage than the exact price.Jerryhelped me upgrade my policy, and when my record is cleared next year, I will be using Jerry again to choose an even cheaper plan!” —Paige W.
MORE: How long does a Lexus last?
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What is the lowest credit score Lexus will finance?
Lexus Financial Services requires a credit score of at least 650 to qualify for an auto loan.
What is the best interest rate Lexus offers?
Lexus offers interest rates as low as 2.99% on many new vehicles for eligible customers, depending on your credit score. But if you have excellent credit, you might be able to score 0%.
What is the best Lexus car?
Not sure which Lexus you need in your life? Lexus provides a wide range of vehicles for every driver’s needs—from the roomy
mid-size GX SUV
to the high-performance IS 300 sports sedan
to the fuel-efficient UX Hybrid.Reduce your monthly car payments in minutes?
Find out if Jerry can reduce your payments by an average of $150/month
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