Article By Richard Aucock

Lexus cuts UX 300e EV prices to boost appeal

Lexus has cut prices of its pure electric UX 300e to reflect the reduced government Plug-in Car Grant – and launched special new finance deals

Lexus has cut prices of its pure electric UX 300e EV by £2,155 to compensate new car buyers for the loss of the Plug-in Car Grant.

The car was previously eligible for the grant, but earlier this year, the government introduced a £35,000 new car price cap on qualifying cars.

The premium-priced UX 300e no longer qualified – hence Lexus’ price cut, which means the range now starts from £41,475.

While still premium-level, the firm has further sweetened the deal with some new finance offers.

Running through the summer, the new deal sees monthly payments start from £429, over a four-year agreement at 3.9 percent APR.

Lexus even throws in a £1,000 finance deposit allowance.

It’s also offering personal contract hire leasing through the Lexus Kinto One service: this costs £465 a month, after an initial rental of £2,790.

For those looking to lease through their business, the UX 300e already enjoys a 1% benefit-in-kind rating; on top of this, Lexus has introduced a Business Contract hire offer for £387 a month after an initial rental of £2,322.

On top of the well-equipped entry-level version, the UX 300e is also available with a Premium Pack, for £45,245: this adds smooth heated and ventilated leather seats, wireless smartphone charging and rear privacy glass.

A Takumi Pack UX 300e costs from £51,345 and has 18-inch alloys, Mark Levinson premium surround sound system, 10.3-inch navigation and ‘triple-eye’ LED headlights.

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