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Lexus Finance


Steve
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What the deal with Lexus Finance then??

I am trying to search for finance options on the Lexus website.. you used to be able to see the fugures like

Deposit

Monthly payments

Final Payment

Where can i find these payment options and costs?

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cool.. looking at new finance.

I remember seeing something like

pay 3 or 4k deposit (your old car)

then 199 or maybe 299 a month then after 3 years you pay 8K.. but you dont really pay the 8k in cash.. you PX for a new lex

deal sounded really good

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yes ........ the dealer offereed me this the other day ........ he said ......

on a Brand new IS200SE (£22,500)

£2K deposit ........... (£1K of this would be paid by them)

£450 a month !!!!

and he said that I would have a guranteed sell value in three years time of about £8 - £8.5 K for the car ...... so just chuck it in for another one !

I said .. err no thanks, £450 a month is ridiculous !! :angry:

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Steve here is one they were doing............

IS200 LE on the road

Cash Price £20,808

Deposit £2,999

Monthly £399 x 35

Optional Final payemnt £9,401

APR 8.8%

Mileage Limit 10,000 per annum

Excess Charge 10.6p per mile

I guess if you put down a bigger deposit then lower payments.

I did hear the new IS was going to be a bit more expensive though ;)

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You would probably find a better deal away from Lexus although if pushed the salesmen will bring down that ARP % quite a lot.

absolutey.

I was doing a deal on a brand new GS300, and running the figures with the salesman.

Don't know what figure he started with - but of course, I tutt tutted, sucked my teeth etc at the numbers.

As we changed different things, he also lowered the APR figure. The lowest on the combo box was 4 - so I pushed for that - and got it as the rate.

Didn't buy the car in the end - but you can defintely push them right down.

But of course - how much they are prepared to come down on a new IS, for which there will probably be a fair demand initally - is a different thing

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i bought my car new and i was a cash buyer for it. the dealer tried to flog me finance and just to check them out i offered to pay 3.9% APR and left it to the dealer to get back to me if they could offer me that. And guess what, they did!!!! So bargain hard.

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cool.. looking at new finance.

I remember seeing something like

pay 3 or 4k deposit  (your old car)

then 199 or maybe 299 a month then after 3 years you pay 8K.. but you dont really pay the 8k in cash.. you PX for a new lex

deal sounded really good

Isnt that PCP or something? :shutit:

Where you put a deposit down, have monthly payments, and have a final settlement figure, along with a guaranteed value at the end of the loan - when you can choose either to pay the final payment and own the car, or give it back (or as you say, get another)

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  • 8 months later...

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