Hi Guys
I am thinking of buying a new Lexus.. brand new in fact. However, I was thinking of the Lexus Finance.
As many members here have probably used lexus finance before I was wondering if this is a good thing to do or not.
Using Lexus finance calculator i managed to get some figures. if I stick 5K deposit on a IS220d (basic model) for a 2 year term it works out at £302 a month.. this is affordable.
Question is
1. the original 5k deposit.. i presume that is lost after the 2 year term?
2. when the 2 year term ends and i decide to get a another new lexus and do an exchange will i have to place a deposit again?
does anyone have any other good ideas on financing a new Lexus?
many thanks!