Finance Products

LEXUS INSTALMENT FINANCE

INSTALMENT FINANCE

With instalment finance from Lexus Financial Services, you repay your Lexus with monthly instalments over a fixed period of time.

Once you have made all payments that are part of your contract with Lexus Financial Services, you become the owner of your Lexus. Lexus Financial Services will then guide you to change the title holding to your name and re-register the vehicle.

How it works

Instalment finance allows you to choose a repayment period that suits your needs. This is normally between 6 and 60 months, with a longer repayment period resulting in a lower monthly repayment.

You have an option of further lowering your monthly payments by adding the final balloon payment or you can choose to have equal instalments monthly for the duration of the agreement.

A balloon payment is a final payment that is subtracted from the value of your Lexus that is used to calculate your monthly repayments. This payment is due as a once-off payment at the end of your finance period and can be refinanced.

Benefits

  • You own your Lexus when you've paid the full amount
  • If you use your Lexus for business purposes, you can claim depreciation and the yearly interest paid against tax
  • You will enjoy the benefit of any resale value when you sell your Lexus

You may want to consider taking the following option with your finance package:

TAKE-A-BREAK

Our Take-a-Break option allows you to select one month in a year that you do not pay an instalment. This will extend the length of your finance contract, but will give you greater flexibility to manage your monthly expenses.

Take-A-Break

Suited To

This type of agreement will suit private buyers, self-employed individuals or business owners who want to own the asset at the end of the agreement.


LEXUS LEASE FINANCE

LEASE FINANCE

With lease finance you pay a monthly lease to use the Lexus of your choice for an agreed period of time. When the term ends, ownership does not pass to you automatically. Rather, if you have met certain conditions relating to the kilometres driven and the condition of your Lexus, you hand the car back without further payments.

You always have the option of extending the lease on your Lexus or to purchase the car from Lexus and take full ownership.

How it works

Lease finance allows you to choose the suitable repayment period which is typically between 6 to 60 months and it offers more flexible repayment options.

You have an option of lowering your monthly payments by adding the final balloon payment, have equal instalments monthly for the duration of the agreement or have stepped payments which change over time.

A balloon payment is a final payment that is subtracted from the value of that is used to calculate your monthly rental payment. This payment is due at the end of the finance period.

Benefits

  • Rentals can be claimed as expense against tax
  • You can use the rented vehicle, without having any of the concerns of owning it
  • You free up working capital for other uses
  • Stepped payments, inflated rentals and other structures can be tailored to your needs, allowing you to take full control of your monthly car expenses

You may want to consider taking the following option with your finance package:

TAKE-A-BREAK

Our Take-a-Break option allows you to select one month in a year that you do not pay an instalment. This will extend the length of your finance contract, but will give you greater flexibility to manage your monthly expenses.

Take-A-Break

Suited To

This type of agreement will suit you if you are using your vehicle to generate income; or receive a car allowance; or you want to claim the expense against tax; or if you own a business and want to structure the vehicle repayment as part of your business expenses.


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