LEXUS CONNECT

CONTRACT PURCHASE

Lexus Connect - Contract Purchase is a convenient, low risk method to finance the Lexus you want to drive today.

You choose the Lexus you desire and we give it guaranteed value with Lexus Financial Services at the end of your agreement, giving you valuable protection against fluctuations in the car market. This Guaranteed Future Value is deducted from the selling price, so all you have to do is take care of the difference plus the cost of borrowing

Suitable for both business users and private individuals, Lexus Connect offers a number of advantages including fixed affordable payments, an accessible deposit and 3 flexible choices at the end of your agreement.

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3 simple parts

You could think of your Lexus as being split into 3 separate parts

1. Deposit

Agree an amount to suit you. This can be as little as you want, up to as much as 35% of the price of your Lexus.

2. Guaranteed Future Value

We set a minimum guaranteed future value (GFV) for your car. This guarantees how much your vehicle will be worth with LFS in the future. Along with the deposit, this amount is deducted from the cash price.

3. Difference

Your monthly payments are then calculated on the difference, plus interest charges, which means they will often be more affordable than a standard Hire Purchase agreement or Personal Loan.

3 Flexible choices

1. Upgrade

Part-exchange your car and drive away in a brand-new Lexus. If the trade-in value is more than the GFV, you can put the equity towards your next car.

2. Keep

If you want to keep the car, simply pay the GFV* and it’s yours.

3. Return

Give the car back to us with nothing more to pay**, as long as it’s in good condition and within the maximum mileage.

Key benefits

  1. A proportion of the amount you’re borrowing is deferred to the end of your agreement, which means your monthly payments are often more affordable than with other forms of borrowing.
  2. With affordable monthly payments you may be able to upgrade your choice of vehicle, or add extras like accessories or pre-paid servicing.
  3. Your payments are fixed, so there are no hidden financial surprises, and you can choose a term to suit you, from two to three years.
  4. The future value of your car is guaranteed with LFS, so you won’t lose out if trade-in values drop – and you could even benefit from some equity if they rise.
  5. You can enjoy all the benefits of driving a brand-new car more often, and your maintenance costs will be much lower – in fact, you may never be out of warranty.
  6. Non -VAT registered businesses will find Lexus Connect especially advantageous as will customers opting out of company car schemes
  7. Business users can benefit from the fact Interest charges are tax- allowable, writing down allowances can be claimed and your car can be shown as an asset on the balance sheet

Finance subject to status to over 18s. indemnities may be required. Terms and conditions apply.

*When you pay the option to purchase fee.

**Subject to fair wear and tear conditions being met.

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