rebornkhj

My lease is going to end in about 6months.
I heard Lexus Financing does not negotiate the residue value.
If I want to buyout my GS350 lower than the residue value... Where should I take my car and how to do it?
Anyone done it before?
Please let me know.
​​​​​​​Thanks

chuckNX

Your only option is to take it to your Lexus dealer and buy it at the negotiated rate in your lease contract. There is not another scenario where Lexus gets less money than what is stated in the contract.

​​​​​​​Some other makes may offer additional discounts to unload a particular model. However, I have not heard of Lexus doing this.

Nebula350

Agree, the lease end residual is based on actuarial values. It is a contract and there is no out. If you are upside down, (high mileage, excessive wear and tear), buying it out may be your best option. Sell it yourself and hopefully break even to a few bucks in your pocket.
LQUOTE=chuckNX;9711835]Your only option is to take it to your Lexus dealer and buy it at the negotiated rate in your lease contract. There is not another scenario where Lexus gets less money than what is stated in the contract.

Some other makes may offer additional discounts to unload a particular model. However, I have not heard of Lexus doing this.[/QUOTE]

homerj227

They will gladly sell you someone else's lease return at a discount, but my dealer has always been pretty clear that there is no wiggle room w/ LFS on the buyout price on my own vehicle. That is assuming your lease is through LFS.