Jalopnik

  • Jalopnik
  • spy-photos
  • jalopnik-reviews
Profile logout login
2011 Volvo S60: How Do You Say Buick In Swedish?

2011 Volvo S60: How Do You Say Buick In Swedish? #genevamotorshow #2011volvos60

Audi A1: Aluminum Und Small

Audi A1: Aluminum Und Small #genevamotorshow #audia1

Man Builds Mustang Out Of Lamborghini, World Goes "Huh?"

Man Builds Mustang Out Of Lamborghini, World Goes "Huh?" #customcars #fordmustang

Toyota Recall: Unexpected Veering Is The New Unintended Acceleration

Toyota Recall: Unexpected Veering Is The New Unintended Acceleration #beigebitesback #toyotarecall

2011 Chevrolet Silverado HD: Big Bowtie Finally Out-Guns Ford's Super Duty

2011 Chevrolet Silverado HD: Big Bowtie Finally Out-Guns Ford's Super Duty #chicagoautoshow #2011chevysilverado

Step Into Black: The Joy Of Driving At Night

Step Into Black: The Joy Of Driving At Night #rants #night

Ford Transit Connect Taxi: Say Hello To The Next NYC Cab

Ford Transit Connect Taxi: Say Hello To The Next NYC Cab #chicagoautoshow #fordtransitconnect

Jalopnik

FAQ. Include # before tag:
#offtopic, #tips, #spyphotos, etc.

Detroit, 7:42 AM
Wed Feb 10
28 posts in the last 24 hours

JALOPNIK TEAM

Tip your editors:


Editor-in-Chief:
Ray Wert
| Twitter | AIM

Editor, News:
Matt Hardigree
| Twitter

Editor, Features:
Sam Smith |

Contributing Editor,
Road Tests:
Wes Siler
| Twitter

Contributing Editor, Weekends:
Murilee Martin |

Writer, Detroit:
Ben Wojdyla
| Twitter

Writer, Europe:
Peter Orosz |

Contributors:
Graverobber
John Krewson

Editor Emeritus:
Mike Spinelli

Follow Jalopnik on:
Facebook
Twitter

SUBSCRIBE TO JALOPNIK RSS

New: Breaking news and daily top stories via email
1753 Subscribers


Please confirm your birth date:

Please enter a valid date
Please enter your full birth year
This content is restricted.

Lexus LFA, Lease Or Buy: The Full Story

Autoweek is reporting Toyota will lease, not sell the Lexus LFA. Not really. You'll still be able to walk into a dealer with 3,750 unmarked $100 bills and walk out with one of 500 Toyota supercars.

What Lexus USA is trying to do is to prevent speculators from driving the price of the already super-expensive supercar into the stratosphere. The LFA is supposed to be the flagship of a new focus on competing with other automakers on performance and exclusivity as well as quality. Giving Lexus that shine means controlling the customer experience to the last possible degree and that means insuring we don't see the LFA up for sale on eBay.

So what Lexus USA is doing is creating a special lease arrangement in which the company will retain the LFA's title for two years before turning it over to the owner. That's not a traditional lease model involving deposits and finance arrangements, it's just being called a "lease" because "customers will arrive at a private deal with the company about how much they're going to pay and when (always totaling the identical total price), then the company will turn over the title after two years" takes up too much space.

So yes, you can still walk into an American Lexus dealer with a whale penis leather briefcase full of ill-gotten gains and walk out with an LFA, you just won't get the title in the mail for two years. That restriction only applies in the US. Well-healed European Toyota enthusiasts will be receiving their titles immediately.

Production of the 552 HP supercar commences next December, with each being built to order. Make sure you check out our review of the 2011 Lexus LFA.


Send an email to Wes Siler, the author of this post, at wes@jalopnik.com.


Upload an image | Add an image URL ×
×
×
Choose a file to upload:
×
Dsmvwl  Admin  Promote to frontpage Approve user Ban user ×
Loading comments ... -/|\
Earlier discussions Paging in progress... | Other discussions | Show all discussions | Show featured discussions only | Expand all replies Hide all replies
Start a new discussion
By Wes Siler
Nov 23, 2009 12:30 PM 14 visitors9,323 57
Edit » Set to Draft » Invite » Syndicate »

Syndicate this post


Site:
Mode:

sending request
cancel
more about #lexuslfa
Oh Toyota, You Try So Hard
Top Gear Season 14, Episode 7: YouTube Open Thread
Lexus LFA: The World's First Emo Super Car
read more: #newcars, #lexuslfa, #2011lexuslfa, #lexus, #lfa, #lease
 
  • Archives
  • About
  • Advertising
  • Legal
  • Help
  • Report a Bug
  • FAQ
Original material is licensed under a Creative Commons License permitting non-commercial sharing with attribution.

Login

Enter your username and password.

Please enter a username.
Please enter your password.
logging in
Login via Facebook | Sign Up | Forgot Password?

Reset Password

Please enter your email address to have your password reset.

Please enter your email address.
Please enter a valid email address.
requesting password reset

Register

Registering will give you a user profile and the ability to add other users as friends. To become a commenter, however, you need to audition.

Want to know more? Consult the Comment FAQ and legal terms.

Please enter a username.
Please enter a password.
Please confirm your password.
Passwords are not identical.
Please enter a valid email address.
registration sent, waiting for reply

Submit Your Comment

You don't need to login to comment. Just enter your email address below.

See how your address will be displayed in the Comment FAQ.

Please enter a valid email address.
Please enter a valid email address.
logging in

Login with your Facebook or Jalopnik account.

Sign up here.



Send An Invitation

To invite commenters to this page, paste in a list of comma-separated email addresses, and then select send invites.

Please enter at least one email address.
Please use valid email addresses.
Please use unique email addresses.
Please enter fewer addresses.
requesting invites

Send a link

Send a link to this post 'Lexus LFA, Lease Or Buy: The Full Story' via email:

Please enter your name.
Please enter your email address.
Please enter a valid email address.
Please enter your recipient's email address.
Please enter a valid email address.
Please enter your message.
Sending message