The 2024 Lexus NX 350h Is a Better Deal Than Its Gas Counterpart

Efficient and Affordable?

Fresh off a redesign for the 2022 model year, the Lexus NX continues to be a popular entity in the compact luxury crossover space. However, customers have several options when it comes to trims and powertrains, with the hybrid 350h and plug-in hybrid 450h+ proving to be incredibly popular thanks to their superior efficiency. But while some might expect these models to be pricier than their strictly ICE counterparts, that isn't the case with the 2024 Lexus NX 350h, at least for some. 

Photos: Lexus

Slightly More

According to CarsDirect, the base, gas-powered 2024 NX 250 can be leased for 36 months for $509 per month with $3,999 due at signing, but the 350h is only slightly more with those same terms - $519 per month for 36 months, also with $3,999 due at signing. Factor in those down payments, and the effective monthly cost for the 250 is $620 versus $630 for the 350h - just $10 more per month no matter how you slice it. 

Photos: Lexus

Marginal Difference

What makes this particularly surprising is the fact that the 2024 Lexus NX 250 has a starting price of $45,940 with destination included, which is $1,935 less than the 350h at $47,875. Couple that with the fact that the hybrid gets 39 mpg combined versus 28 in the 250, and one could easily make up that $10 per month if they drive enough.

Photos: Lexus

Lease Turn-In Value

Then there's the matter of lease turn-in values, which is an area the 350h also proves superior, as it's projected to retain 68 percent of its value versus 64 percent for the 250, meaning that the 350h will likely have more projected value for the lender or the lessee if they choose to purchase it when the lease term is up.

Photos: Lexus

Region Specific

There is, it seems, just one caveat related to this pricing - it's only available for customers on the East Coast, at least for now. However, there are similar deals in other parts of the country, so it's worth checking with your local dealer to see what applies to your specific area. 

Photos: Lexus

>>Join the conversation about the NX 350h right here at ClubLexus.com.

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