Lexus RZ electric lease deals

Leasing a Lexus RZ Electric in the UK

Not content with their small SUV / Crossover, the UX, the Japanese Lexus brand has now launched a new luxury crossover SUV in the form of the RZ. The self-described “evolution of electrified” will be their first dedicated battery electric vehicle, as the UX is also available in hybrid and PHEV format.

When can I or the business order the new RZ EV?

The concept was brought to market around March 2021 with the Toyota / Lexus group confirming that this will be going on sale for Europe in August 2022. True to their word, the official Lexus website has made the RZ available to pre-order, with deliveries due later in the year / early 2023. And this will fit nicely with the equivalent Toyota bZ4X which also launched in 2022, making the pure electric SUV segment the most competitive in the UK.

The Lexus RZ promises to offer slightly more quality than the Toyota and so will be an EV to consider against the Mercedes EQC, the BMW iX3 or the VW ID.5; indications are that the price tag will begin at around £55,000. But what specification and options are available on the RZ - is it a good and reliable car? The good news is that the Lexus is known for being one of the most reliable and robust vehicles to lease or buy.

Their BEV options are no different and will offer the same level of quality. In terms of specification, the RZ is set to feature head-up display, 14” multiscreen, an optional panoramic roof, radiant heaters, ambient lighting, the Tazuna cockpit (which can include an optional One Motion Grip steering wheel), proactive driving and steering assist, driver monitor and a robust 3 year / 60,000 mile warranty. Indeed, Lexus now offer, under Lexus Relax, a 10 year / 100,000-mile warranty! In terms of specification grades, consider from:

• RZ 450E Premium Plus Pack – includes Lexus Safety System, 20” Alloys, Lexus Link Pro, leather upholstery, 8-way electrically adjustable front seats with lumbar support, panoramic roof, head up display, panoramic view monitor, power back door and a heated steering wheel; and
• RZ 450E Takumi – upgrades your new Lexus to ultra-suede upholstery, heated and cooled front seats with driver memory, panoramic roof, 64-colour ambient lighting, automatic and remote parking plus the Mark Levison premium audio.

Where the Lexus RZ is set to be a great option is within the company car and salary sacrifice market. With a pure electric vehicle because it emits no tailpipe emissions, known as zero-emissions, HMRC have confirmed that the Benefit in Kind applicable will be incredibly low. Starting at 0% at 2020/21, this has now increased to a measured 2% where it will remain until at least 2024/25. So what does low BiK mean for a company car or salary sacrifice driver?

In reality, this equates to hundreds, if not thousands, of pounds savings on your income tax bill every month - so somewhat meaningful. The fleet market has been the true catalyst for electrification across the UK notwithstanding the reduction and subsequent removal of the Plug-In Grant and the increasing costs for electricity.

As customers can see using our “Living with your…” tools, there are a number of good financial reasons for utilising the electric RZ as your next new car. From cost of a charge to servicing and maintenance to congestion and clean air zone savings, the Lexus could be the perfect solution

But is the Lexus RZ a good electric car?

On the battery technology, the 71.4 kWh usable battery offers 0-62 times of 5.6 seconds, 99mph top speeds and 230 kW (or 308p) via an AWD system. Real world range should be around 190 miles in winter (combined) and 255 miles in summer (combined) on a full charge. In terms of charging capability, the 6.6 kW AC max will enable 0 – 100% charging in just under 13 hours with the 150 kW DC max allowing 10 – 80% in just over 30 minutes.

Ready to order your new Lexus RZ lease?

The e-car lease website is dedicated to all things electric car, and van, so do use our unique tools to understand if this SUV is suitable for you or the fleet. While our main finance package is contract hire, a usership-based rental product, we can utilise this for any personal / consumer or business customer including salary sacrifice.

Use the online quote configurators to receive an instant price and utilise our tools for understanding charge point infrastructure / installation and even motor insurance options. Need more help and advice? Just get in touch with our team on 01942 910 001 or by emailing us at [email protected]