RX - 3rd Gen (2010-2015) Discussion topics related to the 2010 - 2015 RX350 and RX450H models

Buying RX 350 3rd Gen for Mother: New or used?

Thread Tools
 
Search this Thread
 
Old 02-26-13, 01:38 PM
  #16  
katmeg99
Driver School Candidate
Thread Starter
 
katmeg99's Avatar
 
Join Date: Apr 2007
Location: Texas
Posts: 11
Likes: 0
Received 0 Likes on 0 Posts
Default

We weren't going to finance. There is an incentive going on through the end of the month with Lexus Finance whereby you get a rebate of $1,000 if you finance with them. No pre-payment penalty so can pay off the note right after you buy the car and still get the $1,000. That would be the only reason we would finance.
Old 02-26-13, 01:58 PM
  #17  
vlad_a
Lexus Champion
 
vlad_a's Avatar
 
Join Date: Feb 2004
Location: Ohio
Posts: 1,973
Received 54 Likes on 52 Posts
Default

They may tell you, you have to finance $12K for 6 months at minimum, but there are no official rules. I went through this to get the Lexus Loyalty Rebate. No problems paying it off earlier than that.
Old 02-26-13, 03:03 PM
  #18  
tfischer
Moderator
 
tfischer's Avatar
 
Join Date: Feb 2001
Location: Cincinnati
Posts: 3,613
Received 191 Likes on 144 Posts
Default

That's a nice move; Lexus probably found out that a lot of people intending to to that are too tired or lazy or stupid or broke to pay the loan off early. Stick with the plan and mark your calender.
Old 02-26-13, 03:11 PM
  #19  
vlad_a
Lexus Champion
 
vlad_a's Avatar
 
Join Date: Feb 2004
Location: Ohio
Posts: 1,973
Received 54 Likes on 52 Posts
Default

They're trying to get more people to finance through LFS instead of 3rd party. Once the car leaves the lot, you can only refinance it as a used car, which means higher interest rates. There's some money made in financing, and even a little adds up.
Old 02-26-13, 08:12 PM
  #20  
2011RX350
Pit Crew
 
2011RX350's Avatar
 
Join Date: Feb 2012
Location: FL
Posts: 130
Likes: 0
Received 3 Likes on 3 Posts
Default backing accidents...

To prevent backing accidents, she needs to learn what safer driving schools are teaching - find a parking space she can pull thru and park so she can leave going forward without backing. Otherwise, carefully assess the parking space and back into it carefully, so she can exit the space going forward. If a space requires backing, it is safer to back going in while the view of everything is fresh on the mind. This all takes a little getting used to but is much safer.

Last edited by 2011RX350; 02-26-13 at 08:16 PM.
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
g211
RX - 3rd Gen (2010-2015)
12
10-14-15 06:46 PM
kmar
RX - 3rd Gen (2010-2015)
15
01-26-15 06:39 AM
kalvano
Hybrid Technology
59
08-25-09 11:39 AM
RXSF
RX - 3rd Gen (2010-2015)
11
08-05-09 01:43 PM
htownplaya
RX - 2nd Gen (2004-2009)
30
06-17-07 10:20 AM



Quick Reply: Buying RX 350 3rd Gen for Mother: New or used?



All times are GMT -7. The time now is 06:04 AM.