This finance option represents the ideal choice
if you seek the security of vehicle ownership. In essence, ownership
of the vehicle passes to you upon receipt of your final installment.
If you wish, all on-road, registrations and insurance costs
(first year only), and Lexus Extra Care services, can be included
in your monthly installments. You can also choose to structure
your agreement over a 12-60 month term with a final balloon
payment, thereby setting your regular monthly payments to suit
your budget requirements. If desired, the trade-in on your
current
vehicle can be used as a deposit to further reduce your payments.
The flexible nature of this agreement means you can choose
to keep your vehicle at the end of the term by simply satisfying
all of your obligations under the contract. If you have selected
the option of a final balloon payment, we can assist you by
refinancing that amount at maturity (approval conditions apply).
Where your vehicle is used for income producing purposes,
interest charges, depreciation and other car related expenses
may also be tax deductible. However, we recommend that you
seek appropriate advice from your taxation or financial adviser
as to the consequences of this financing option.
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