The Lexus LFA was conceived as a special supercar, with the vehicle following the “more than just numbers” philosophy. This principle was used to such an extent, that the vehicle’s financial experience also follows it.
To be more precise, when Lexus launched the LFA in fall 2009, the company made it clear that U.S. customers will only be able to lease the $375,000 vehicle. The move was aimed at making sure that speculators couldn’t take advantage of the car’s limited production – Lexus was forcing the clients to keep the car for a minimum period of 24 months.
The automaker also offered a purchase option, but only after the two years lease contract (the contract has a value of almost $300,000) would be over.
However, it seems that Lexus has now unplugged the electric fence. According to autoblog (which received a letter from a company insider), U.S. clients will be allowed to buy the LFA in certain conditions.
To be able to purchase the car, a customer has to sign a special agreement (for the first two years) which forces him to offer the right of buy-back to the dealer for the original price or the fair market one. Should the owner decide to sell the vehicle to a third party and not offer the first buyback option to the dealer, then he must pay the dealer the profit resulted from the deal, together with legal fees. This is a pretty big premarital agreement, don't you think?
Our say: It looks like Toyota’s confidence is even greater than the LFA’s performance.
To be more precise, when Lexus launched the LFA in fall 2009, the company made it clear that U.S. customers will only be able to lease the $375,000 vehicle. The move was aimed at making sure that speculators couldn’t take advantage of the car’s limited production – Lexus was forcing the clients to keep the car for a minimum period of 24 months.
The automaker also offered a purchase option, but only after the two years lease contract (the contract has a value of almost $300,000) would be over.
However, it seems that Lexus has now unplugged the electric fence. According to autoblog (which received a letter from a company insider), U.S. clients will be allowed to buy the LFA in certain conditions.
To be able to purchase the car, a customer has to sign a special agreement (for the first two years) which forces him to offer the right of buy-back to the dealer for the original price or the fair market one. Should the owner decide to sell the vehicle to a third party and not offer the first buyback option to the dealer, then he must pay the dealer the profit resulted from the deal, together with legal fees. This is a pretty big premarital agreement, don't you think?
Our say: It looks like Toyota’s confidence is even greater than the LFA’s performance.