2021 Toyota Venza Pricing Makes Lexus NX Look Like A Bargain

Pricing / Comments

This could differ in some parts of the country.

After a six-year absence, the Toyota Venza crossover has returned to the market earning rave reviews. Although it's based on the hot-selling Toyota RAV4, the reborn Venza has its own distinct personality thanks to its overall more premium packaging. It could even be passed off as a Lexus, save for the badging, something that Toyota has seemingly taken note of when it comes to lease pricing.

CarsDirect noticed something a bit troubling with Southern California Venza leases; they're pretty expensive. In fact, the numbers aren't much less than a new Lexus NX. For example, a new 2021 Venza is currently being advertised in that region at $399 a month for 36 months with $1,999 due up front and a 12,000-mile yearly limit. Toyota calculated these numbers based on an MSRP of $33,914.

Lateral View CarBuzz
Aft View CarBuzz

Factor in the down payment and customers are really paying $455 per month. If this sounds like a lot of money then you're right. A Lexus NX lease offer is proof. Right now, one could alternatively opt for a 2021 NX 300h at $389 a month for 36 months and $2,999 due on day one. Now, here's where things get strange. The Lexus NX's lease price is based on an MSRP of $45,405, a nearly $11,500 difference over the Venza, and yet the NX's effective monthly lease cost is only $17 more.

What's going here? It appears the answer has to do with interest rates. The NX has a much lower interest rate of just 0.3 percent while the Venza is 4 percent.

Dashboard CarBuzz
Trunk Space Toyota
Engine CarBuzz
Electric Vehicles With The Longest Range In 2021
Electric Vehicles With The Longest Range In 2021
Everything You Need To Know About The Volkswagen ID Range
Everything You Need To Know About The Volkswagen ID Range

There's also a bigger discount of $1,250 compared to $500 for the Venza. As part of its annual 'December to Remember' sales event, Lexus is also giving customers an additional lease payment worth up to $700. There is, of course, a couple of downsides to the NX offer.

First off, there's a 10,000-mile year cap instead of the Venza's 12,000 miles, and, of course, the Venza is all-new while the NX dates back to 2014. But as noted above, be sure to check Venza pricing in your region because this may not be a nationwide offer. Southern California residents should also know this offer is good through November 30.

2015-2021 Lexus NX Hybrid Front Angle View CarBuzz
2015-2021 Lexus NX Hybrid Rear Angle View CarBuzz
2015-2021 Lexus NX Hybrid Dashboard CarBuzz
Source Credits: CarsDirect

Join The Discussion


Front-End View
Trunk Space
To Top