Lust4Lexus

So here is the deal.... I ALWAYS pay my bill on time. I am not very big on AUTO pay for anything. At any rate, I had a brain fart and had my car bill lapse slightly.... sorta.... My car note is due on the 17th. I just sent them payment via my online bill pay from the bank, and it is saying that the payment, will be made to Lexus by the 19th, due to the weekend. I cannot even call LFS to explain to them my situation. According to my understanding, this is well within the "grace period". I have read on other sites, that Toyota/Lexus starts with harrassing Automated calls right away if they don't receive payment by the due date.

For me, usage of the grace period is rare indeed. Anyone ever utilize the grace period on their LFS loan? Any issues? I think I am okay, but would like to hear it from another member. I'm 99% sure that it should be okay with absolutely not penalties big or small. What say you men?

rominl

iTrader: (4)

i don't know if this is still the case, this was way back in 2005, but when we got our sc430, something got messed up between payment and bank and lfs (long story) and they actually went TWO months without getting anything from us (and we didn't know).

one day i got a call from them, found out the problems, i explained (and technically it's not lfs fault at all), they put my explanations on record, paid everything officially, and nothing happened afterward. didn't even get charged any late fee or financial penalties

Stormforge

i went with auto pay, lfs debits my bank account every month. no problem at all.

scgt652

You have a 10 day grace period. You will not be charged a late fee if you pay your bill within this time frame.

LexFather

You will be fine scgt652 is right. LFS is really great in regards to financing, highly recommended.

Trexus

You'll be just fine. LFS is flexible and as long as it makes it by the end of the month you'll be all right...

KillaIS250

iTrader: (1)

You will be fine. Your within the "grace period" and i'm sure the system realizes that your payment is going to post only a couple days after the official due date.