LEXUS MODELS
EXPLORE FINANCING
PLANNING CENTER
FINANCING OPTIONS
BUY OR LEASE
BUY
LEASE
VEHICLE PROTECTION
PAYMENT PROTECTION
PAYMENT ESTIMATOR
CREDIT APPLICATION
LEXUS PURSUITS VISA
®
MANAGE ACCOUNT
Web Application Page
LFS Test Page
Buy
LFS Financing
|
Preferred Option (Balloon) Finance Plan
|
Certified Pre-Owned Financing
|
Military Rebate Program
|
College Graduate Program
|
Encore Program
The LFS Preferred Option (Balloon) Finance Plan offers the benefits of lower monthly payments (with one large final "balloon" payment) and the security of vehicle ownership. The LFS Preferred Option Finance Plan is available only in Arkansas, Connecticut, Louisiana, Maryland, Mississippi, New Jersey, New Mexico, New York, Oklahoma, Rhode Island, Texas and Virginia.
With our preferred option financing, monthly payments are generally lower than conventional financing because you pay only for a portion of the vehicle's value during the initial contract term. You are responsible for a large final balloon payment. There are a number of financing terms from which to choose, ranging in monthly increments from 24 to 48 months on New and Certified Pre-Owned vehicles only.* See the chart below for a features comparison of the Preferred Option (Balloon) Finance Plan vs. Traditional Retail Financing.
Preferred Option (Balloon) Finance Plan
*
Traditional Retail Financing
Lower regular monthly payments with terms up to 48 months. Include large final balloon payment.
Flexible contract terms, up to 60 months. No balloon payment.
Pride of vehicle ownership.
Pride of vehicle ownership.
Pay only for a portion of the cost of the vehicle within the initial contract term rather than the entire cost. Subject to large final balloon payment.
Pay for the entire vehicle during the contract term. No balloon payment.
You own the vehicle from the start and you have a choice of contract options at the end of the term, including easy vehicle disposition.
You own the vehicle from the start.
*
Certain restrictions apply. Contact your local Lexus dealer for details. On approved credit through dealer and LFS.
