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WORLD
OF LEXUS

Celebrating innovative design, sustainable technologies and premium experiences around the globe.

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DESIGN
INNOVATION

This section profiles some of our most striking design concepts and showcases.

LEXUS
HYBRID DRIVE

Lexus Hybrid Drive: Intelligently combining a petrol engine with an electric motor.

LEXUS CONNECT
PERSONAL CONTRACT PURCHASE

A CONVENIENT, LOW RISK METHOD TO FINANCE THE LEXUS
YOU WANT TO DRIVE TODAY.

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THE FLEXIBLE WAY TO FINANCE YOUR LEXUS

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. Payments are spread over an agreed period and at the end of the agreement, ownership of the vehicle will pass to you.

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 the your agreement.

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BENEFITS

  • No surprises, lower cost path to ownership
  • Fixed payments over flexible terms
  • Guaranteed future value
  • Tax benefits (Business Customers)
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HOW IT WORKS

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.

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

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.

AT THE END OF YOUR AGREEMENT

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.

Keep
If you want to keep the car, simply pay the GFV and option to purchase fee and it’s yours.

Give back the vehicle
Give the car back to us with nothing more to pay, subject to maximum mileage and fair wear and tear conditions being met and payment of a vehicle collection charge.

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

LEXUS CONNECT
CONTRACT HIRE

SIMPLY DRIVE YOUR LEXUS FOR AN AGREED PERIOD THEN HAND IT BACK -
SUBJECT TO MILEAGE AND CONDITION CHARGES IF APPLICABLE.
YOU CAN EVEN INCLUDE A MAINTENANCE PACKAGE.

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A LOW RISK OPTION BEST SUITED FOR BUSINESS USERS

It is a straight forward and low risk option to keep your business moving, particularly if your business is VAT registered. Budgeting is made easier with fixed affordable rentals and by including optional maintenance you can avoid many unexpected costs and charges.

With Lexus Connect Contract Hire you have the convenience of not having to worry about disposal or depreciation of your vehicle.

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BENEFITS

  • Fixed cost motoring for easy budgeting
  • Lower monthly rentals
  • No depreciation or residual value risks
  • Tax benefits (Business Customers)
  • Optional maintenance packages
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HOW IT WORKS

You simply choose the Lexus you wish to drive, agree the repayment period and the maximum annual mileage that you expect to undertake. Based on these three factors we will arrange a fixed number of rentals some of which you will be required to pay in advance.

Lexus Financial Services take care of much of the administration for items covered under a maintained contract and you have full use of the car but never own it. Lexus Connect Contract hire is available for business users only.

AT THE END OF YOUR AGREEMENT

When your agreement comes to an end we will contact you to arrange collection of the vehicle. There is nothing to pay subject to mileage and fair wear and tear conditions being met.

LEXUS HIRE PURCHASE

BEST FOR PRIVATE MOTORISTS AND BUSINESS USERS WHO WANT OWNERSHIP
AT THE END OF THE AGREEMENT

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HOW IT WORKS

Choose the car you want to drive and select the repayment term most suited to your budget. Payments are spread over an agreed period and at the end of the agreement, ownership of the vehicle will pass to you.

BENEFITS

  • Fixed monthly payments for easy budgeting
  • No large final payment
  • The car is yours at the end of your agreement
  • For businesses - writing down allowances can be claimed
  • For businesses - your car can be shown as an asset on the balance sheet

LEXUS ASSET PROTECTOR

LEXUS ASSET PROTECTOR IS A GREAT WAY TO PROTECT YOUR INVESTMENT IN THE UNFORTUNATE EVENT THAT YOUR CAR IS WRITTEN OFF OR STOLEN

It’s quick to arrange and should you need to claim, could provide a valuable benefit to you. Lexus Financial Services can offer you Asset Protector for up to 36 months* from the start of your Finance Agreement.

*Plus additional limited cover in months 37 to 48 if your vehicle is subject to a finance agreement with a term greater than 36 months.

If your vehicle is written off, Asset Protector could help you cover the shortfall in funds to cover the cost of a new Lexus or settle any outstanding finance.

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NET INVOICE PRICE £22,000

This is the vehicle cost. The amount that you have paid, as it relates to the vehicle itself, it does not include non-dealer fitted options and extras such as the Road Fund Licence or negative equity.

SHORTFALL £9,000

This is the amount that Asset Protector could pay to recover the cost of your vehicle. Please note: if the finance settlement figure is greater than the Net Invoice Price, the benefit will be calculated at the difference between the finance settlement figure and the market value. This will then be paid directly to your finance company.

TYPICAL MARKET VALUE £13,000

This means that greater of: a) The value of the Insured vehicle (excluding contents) at the Date of Loss as assessed by the insurers of Motor Insurance; or b) The Market Value of the Insured Vehicle (excluding contents) at the Date of Loss by reference to Glass’s Guide Retail Value.

BENEFITS

Asset Protector may enable you to purchase a similarly priced vehicle or alternatively pay off the amount outstanding on your finance agreement. What’s more, even if the finance settlement amount is greater than the Net Invoice Price, you don’t need to worry, as Asset Protector will cover this additional amount. For more information, please download the Asset protector brochure or speak to your local Lexus Centre.
In addition, if your vehicle is subject to a finance agreement in months 37 to 48, Purchase Protection could cover any shortfall between the finance settlement figure and the Market Value if your vehicle is written off.

CONTACT US

WE LOOK FORWARD TO HEARING FROM YOU

We value all contact with our existing and prospective customers and would be glad to assist with any questions you may have. If you’d like to get in touch, please click on the link below. We look forward to hearing from you.

As an existing customer you may have some questions relating to your agreement from time to time. To help you with this, you will find answers to a number of frequently asked questions in our FAQs section above.

FREQUENTLY ASKED QUESTIONS

  • Lexus Connect is a convenient, flexible PCP (personal contract purchase) plan. Lexus set a minimum guaranteed future value (GFV) for your car and this, along with your deposit, is deducted from the cash price. 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 compared with other forms of borrowing.

    In many cases you don't need to put down any deposit. However many customers choose to part exchange their existing car or put down a small cash deposit to lower their monthly payments.

    The rate depends upon your personal circumstances, the amount borrowed and the length of the agreement. We have a range of competitive finance plans available and we can easily provide you with a finance quote which will give you details of the APR you can expect. You can get a quote for a new Lexus by clicking 'here'.

    Most customers opt for an agreement term of between 24 and 37 months, however many of our finance plans are flexible enough to accommodate any monthly period between 12 and 60 months.

    Many of our customers choose to take an Asset Protector policy to give them added peace of mind in the event of a write off. If your car is written off as a result of an accident, fire or theft, our Asset Protector policy may be able to cover you for the difference between the amount your motor insurer pays out and the price you paid for your car. This product aims to put you back in a position to purchase a replacement car of equivalent value. Your Lexus Dealer will be able to provide you with full details of Asset Protector.

  • You can provide us with your new details by contacting our Customer Experience team on 0370 850 7788 (Monday to Friday, 9am to 5:30pm) and they will be happy to update your details. Calls to this number are charged at National/UK geographic rate.

    You should notify your insurers that any insurance money due must be paid directly to Lexus Financial Services. Contact the Customer Experience team with your insurance details and we can liaise with your insurers, on your behalf to arrange for the settlement of the finance agreement. You can contact our Customer Experience team on 0370 850 7788 (Monday to Friday from 9am to 5.30pm), calls are charged at National/UK (geographic) rate.

    In accordance with the Data Protection Act 1998, your Lexus Dealer should have explained Lexus Financial Service's policy regarding the use of your personal information to you. If this is not the case please refer to your agreement or contact our Customer Experience team by phone on 0370 850 7788 (Monday to Friday from 9am to 5.30pm) and we will be happy to explain this to you, calls are charged at National/UK (geographic) rate.

    We aim to provide you with the highest standards of service; however, there may be an occasion when you feel you have cause for complaint. If so, our staff will do all they can to resolve the problem and ensure that you receive a quick and fair response to any complaints you may have. Complaints should be directed to our Customer Experience team who can be contacted by phone on 0370 850 7788 (Monday to Friday from 9am to 5.30pm), calls are charged at National/UK (geographic) rate.

    You should be aware that if you do miss payments without prior agreement from ourselves additional charges may be added to your overall balance. If you are experiencing difficulty in making your payments please contact us by phone on 0370 850 7788 (Monday to Friday from 9am to 5.30pm), calls are charged at National/UK (geographic) rate.

    If you are entering into an individual voluntary agreement you will need to provide us with all the details. Please send us all documentation as soon as possible. Call our Customer Outcomes team on 0370 243 0804.

  • Advise the Claims Team within 30 days of the incident occurring on the phone number provided in your policy document and the claims team will talk you through the simple steps to assess your claim and arrange your repair. Alternatively, use the SMART claims app for iPhone or Android.

    You can cancel your policy within the first 14 days and receive a full refund, provided no claims have been made. If you cancel after 14 days, you will be entitled to a pro rata refund, provided you have not made a claim. The refund will be subject to an administration fee of £29.99.

    Damage of any kind to wheels, rims or tyres.

    Any panel that is ripped, holed, torn or perforated.

    Damage to beading, moulding, glass, lights or decals.

    Any damage that occurred before the start date.

    Scratches, scuffs and dents in the area shaded gold in the diagram as shown on the SMART Cover page.

    Lexus SMART Cover is underwritten by Red Sands Insurance Company (Europe) Limited and Aioi Nissay Dowa Insurance Company of Europe Limited.

    Red Sands Insurance Company (Europe) Limited (“Red Sands”), Level 3, Ocean Village Business Centre, 23 Ocean Village Promenade, Gibraltar. Registered in Gibraltar No 87598. Authorised and regulated by the Gibraltar Financial Services Commission under the Insurance Companies Act 1987 of Gibraltar and is a member of the UK’s Financial Services Compensation Scheme: and Aioi Nissay Dowa Insurance Company of Europe Limited, 5th Floor, 11 Old Jewry, London EC2R 8DU. Registered in England and Wales No. 5046406. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority No. 401084.

  • Yes. The cover is for vehicles used principally in the UK but you are covered in any country that is a member of the European Union at the time of loss, plus Iceland, Liechtenstein, Norway, Croatia and Switzerland.

    Yes, you can use your car or van for work provided it does not involve hire and reward. Exclusions include but are not limited to, taxi, courier services and private hire. Pace making, racing, speed testing and reliability trials are also excluded.

    If your new car or van is written off within 12 months of purchase, and your motor insurer provides you a replacement vehicle rather than a monetary settlement, your policy can be transferred to the replacement vehicle. The policy cannot be transferred to another vehicle in any other circumstance.

    As soon as possible after the incident resulting in your car or van being written off, you should contact the Administrator, Abraxas, on 01454 616000. Abraxas will take some details from you and manage the claim with you.

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