Complete Financing Details of the 2011 Lexus LFA Unveiled
Toyota has recently unveiled the ordering and financing details for the new 2011 Lexus LFA. There are quite a few innovative surprises lined up for the potential buyer. The first is this: You can not buy the first Lexus supercar. You will have to lease the car from Toyota, for a period of 24 months. Toyota is ensuring to do all it can in order to keep the car’s customers on the grind. The Lexus LFA is scheduled to go into production in December this year.
The monthly lease payment on the Lexus LFA is $12,398.44. Which means that at the end of 24 months, you would be poorer by $297,562.56. The supercar costs a total of $375,000. At the end of the two years tenure, lessees can pay an additional $93,750 and buy the car. However, even if you don’t opt for buying it, you will have to pay extra money if your mileage in 2 years exceeds 30,000 miles or if your car is subject to excessive ‘wear and use’. The program has been named 1Pay24. All the lease payments have to be made upfront, in a single lump-sum amount.
Notifications for ordering the car shall start now and continue till the end of June. If you are lucky enough to be selected for the deal, you will have to make a deposit of $10,000 even before your first credit approval. Considering you get the approval, an additional amount of $50,000 has to be deposited to your Toyota dealer. Apart from this, you have to pay the dealer $700 as ‘acquisition fee’, along with the usual tax, registration, license charges.
Toyota is producing only 500 cars for the global market, among which 150 are reserved for U.S. customers, all of which will have many customization options at the time of placing the order for the supercar. Some of these include $3,000 for special solid or metallic colors, $20,000 for matte finish, $2,500 for polished wheels, $1,000 for painted brake calipers, and special interior coloring.
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