Hyundai revamps the test drive
Lead Lap
Joined: May 2010
Posts: 3,951
Likes: 1,575
From: San Diego, CA
* Credits available on the retail purchase/lease (as applicable) of a new 2018 Lexus LS 500 AWD F SPORT from a Canadian Lexus Dealership consist of a $10,000 cash purchase credit. Cash purchase credit offer available for all Lexus retail customers except customers who lease or purchase finance through Lexus Financial Services at a special rate of interest offered by Lexus as part of a low rate interest program. All advertised lease and finance rates are special rates. Credits include taxes and are applied after taxes have been charged on the full amount of the negotiated price. Vehicle must be purchased/leased, registered and delivered by August 31st, 2018. Quantities of certain vehicles are limited and Dealer trade may be required. Dealer trade availability may also be limited and will vary by model. Dealer may sell/lease for less. All offers are effective from August 1st, 2018 to August 31st, 2018 and are subject to change without notice. See your Lexus Dealership for full details.
Lexus Fanatic
Joined: Nov 2011
Posts: 35,382
Likes: 357
From: ON/NY
It says so on lexus.ca... Bolding is mine.
* Credits available on the retail purchase/lease (as applicable) of a new 2018 Lexus LS 500 AWD F SPORT from a Canadian Lexus Dealership consist of a $10,000 cash purchase credit. Cash purchase credit offer available for all Lexus retail customers except customers who lease or purchase finance through Lexus Financial Services at a special rate of interest offered by Lexus as part of a low rate interest program. All advertised lease and finance rates are special rates. Credits include taxes and are applied after taxes have been charged on the full amount of the negotiated price. Vehicle must be purchased/leased, registered and delivered by August 31st, 2018. Quantities of certain vehicles are limited and Dealer trade may be required. Dealer trade availability may also be limited and will vary by model. Dealer may sell/lease for less. All offers are effective from August 1st, 2018 to August 31st, 2018 and are subject to change without notice. See your Lexus Dealership for full details.
* Credits available on the retail purchase/lease (as applicable) of a new 2018 Lexus LS 500 AWD F SPORT from a Canadian Lexus Dealership consist of a $10,000 cash purchase credit. Cash purchase credit offer available for all Lexus retail customers except customers who lease or purchase finance through Lexus Financial Services at a special rate of interest offered by Lexus as part of a low rate interest program. All advertised lease and finance rates are special rates. Credits include taxes and are applied after taxes have been charged on the full amount of the negotiated price. Vehicle must be purchased/leased, registered and delivered by August 31st, 2018. Quantities of certain vehicles are limited and Dealer trade may be required. Dealer trade availability may also be limited and will vary by model. Dealer may sell/lease for less. All offers are effective from August 1st, 2018 to August 31st, 2018 and are subject to change without notice. See your Lexus Dealership for full details.
Lead Lap
Joined: May 2010
Posts: 3,951
Likes: 1,575
From: San Diego, CA
That you've misunderstood the oddly specific carve out. It does not say the obvious and simply state that lease or finance customers are excluded. It specifically says only those with a subvented and advertised deal. So you take an unadvertised one. You're also missing the obvious. Lexus is chucking money into the deal regardless of how you pay,
Lexus Fanatic
Joined: Nov 2011
Posts: 35,382
Likes: 357
From: ON/NY
That you've misunderstood the oddly specific carve out. It does not say the obvious and simply state that lease or finance customers are excluded. It specifically says only those with a subvented and advertised deal. So you take an unadvertised one. You're also missing the obvious. Lexus is chucking money into the deal regardless of how you pay,
Last edited by Toys4RJill; Aug 17, 2018 at 07:55 PM.
Lead Lap
Joined: May 2010
Posts: 3,951
Likes: 1,575
From: San Diego, CA
Lexus will give you the $10K discount if you provide your own financing either lease or finance. Makes no difference to them. They get the cash payment from the back. And I doubt anyone is going to get the 0% on a $125K Lexus LS loan privately. Did not miss a thing. This rarely if ever happens. You will not get the $10K discount if you go through LFS and get a subvented rate of interest or subvented lease.
With that said, it's time to agree to disagree on this specific point. It's not the point of the thead.
Last edited by swajames; Aug 17, 2018 at 08:07 PM.
Lexus Fanatic
Joined: Nov 2011
Posts: 35,382
Likes: 357
From: ON/NY
The addition bold is important. LFS will give you 10K or a preferential rate, but not both. So you bring your own finance or you take an unadvertised rate to get the 10K, or you get a discount on the finance and you don't. You'd have to do the math to figure out what made sense. The real point is that based on these oddly-specific exclusions, it's seemingly NOT what you claimed - which is a discount solely available to cash buyers. Regardless, you're still using an exception to try to prove a rule. What others have said is true - there's often no advantage in paying cash, the best deals aren't reserved for cash buyers, and sometimes paying cash could even cost you a significant rebate.
With that said, it's time to agree to disagree on this specific point. It's not the point of the thead.
With that said, it's time to agree to disagree on this specific point. It's not the point of the thead.
Last edited by Toys4RJill; Aug 17, 2018 at 08:17 PM.
Lead Lap
Joined: May 2010
Posts: 3,951
Likes: 1,575
From: San Diego, CA
My last comment on this then - that's NOT what the fine print says, and it's NOT what you claimed it was. And what you said is what I said it was - it seems that you CAN get the rebate AND an LFS loan or lease. It just can't be an advertised special. Otherwise, there would be no need for the oddly-specific exclusionary language.
Apart from that.....
Apart from that.....
Lexus Fanatic
Joined: Nov 2011
Posts: 35,382
Likes: 357
From: ON/NY
Last edited by Toys4RJill; Aug 18, 2018 at 05:05 AM.
ClubLexus Stories
Celebrating Lexus & Toyota from Around the Globe
8 Tips for Improving Your Hybrid or Plug-in Hybrid's Efficiency!
Michael S. Palmer
10 Best Lexus Models No One Remembers
Joe Kucinski
TRD Off-Road Premium: Best 2026 4Runner, Except This One Thing
Michael S. Palmer
Top 10 Lexus & Toyotas to Drive Before You Die!
Joe Kucinski
Top 10 Lexus/Toyotas With The LEAST 5-Year Depreciation
Joe Kucinski
Lexus LC500 Convertible Auction: A Preview of Rising Values?
Brett Foote
GX 550 vs TX 550: Best 3-Row Luxury Lexus Family Hauler
Michael S. Palmer
9 Best Lexus Models You Can Buy for Half Price (And 1 You Shouldn't!)
Joe Kucinski
2026 Lexus NX Buyer's Guide: Models, Features, Prices & More!
Brett Foote
If you get private, financing, that is totally irrelevant as that is still cash payment.
just more of the endless, underhanded, and manipulative shell game played by dealers.
Lexus Fanatic
Joined: Nov 2011
Posts: 35,382
Likes: 357
From: ON/NY
Actually no. It is accurate. You cannot "take" the standard rate loan and guarantee you will get the cash discount. It states you "may" get the discount if you take the non standard rate, when you build the LS. Now if you go to Nissan per say, you cannot get the cash discount with standard rate financing for some Nissan models while you can get the cash discount + standard rate financing on some models. Nissan furthers it by excluding some based on the trim level.
from the dealer's perspective that's true in that you bring a check or checks for the whole amount from whatever sources you want, and you get the 'cash' off, but as usual, since the dealer then knows they won't make anything on financing, they'll be less flexible on the 'price' you get $10k off of.
Last edited by Toys4RJill; Aug 18, 2018 at 04:39 AM.
Lexus Fanatic
Joined: Nov 2011
Posts: 35,382
Likes: 357
From: ON/NY
Lexus Fanatic
Joined: Nov 2011
Posts: 35,382
Likes: 357
From: ON/NY
I don't agree with this. Not all dealers are d-bags. There are good dealers out there just as there are bad ones, just like customers. And some blame needs to be put on customers, there are some that will simply try to bleed a dealer completely dry. A certain level of responsibility needs to be taken by the customer, is it the dealers fault that a customer agrees to full MSRP without even asking for a discount? Is it the fault of the salesperson if the customer agrees to all accessories offered? Of course the dealer is going to low-ball the offer on the trade in, but the customer does not need to agree to it. I already said that sales persons are to be avoided until required, it is not my fault someone else cannot say no to what is being offered. Or just simply walk away.
Lexus Fanatic
Joined: Oct 2003
Posts: 94,328
Likes: 236
From: Virginia/D.C. suburbs
I don't agree with this. Not all dealers are d-bags. There are good dealers out there just as there are bad ones, just like customers. And some blame needs to be put on customers, there are some that will simply try to bleed a dealer completely dry. A certain level of responsibility needs to be taken by the customer, is it the dealers fault that a customer agrees to full MSRP without even asking for a discount? Is it the fault of the salesperson if the customer agrees to all accessories offered? Of course the dealer is going to low-ball the offer on the trade in, but the customer does not need to agree to it. I already said that sales persons are to be avoided until required, it is not my fault someone else cannot say no to what is being offered. Or just simply walk away.