Early Lease Termination
#1
Racer
Thread Starter
Early Lease Termination
I just received a letter from my local dealer, whom I usually do not purchase my cars from for $2500 towards a new lease along with a 9 month pull ahead to take advantage of the command performance event. I am aware that Lexus typically does the 6 month pull ahead, but never so far ahead as 9 months. Is this a ploy for dealers to get me in their showroom or does it sound legit? Did anyone else get something similar in the mail, 9 months before their lease expired?
#2
Moderator
iTrader: (16)
Six months is typical but 9 months to even a year before lease end is not unheard of. Dealers want your low mileage lease return. Lexus has been very aggressive and successful with CPO the last two years, (Lexus CPO 2 years/unlimited miles + remaining factory warranty and 4 complimentary services). Lexus may not be selling as many new cars, but every month their CPO sales are growing.
#3
Lexus Test Driver
It could be something legit. I'd say it depends if they try to bury some of the premature lease turn in loss into your new monthly payments.
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