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May 24, 2012, 03:02:13 PM

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CARfaq.org > Forum > Campus > Lexus > General Discussions-Lexus > Weird Lexus Financing
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Author Topic: Weird Lexus Financing  (Read 395 times)
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oztiks
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Weird Lexus Financing
« on: July 01, 2008, 08:02:50 PM »

Lexus is offering 6.9% financing across the board; New, Used, and CPO. "Doesn't matter if you have good credit" per the dealer...

Am I on some other planet these days or what?
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Liquid Platinum M35
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Re: Weird Lexus Financing
« Reply #1 on: July 01, 2008, 09:30:33 PM »

You just say thats fine... I'll be financing it through my credit union... see what they say, hehe.  I did that with the Jeep.  They said 6.5% was the best they could do... I said let me call my banker, I did, called back... they scrambled to beat my percentage... which of course was completely made up.
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Re: Weird Lexus Financing
« Reply #2 on: July 02, 2008, 10:43:56 AM »

I have to say Lexus Financial always has been pretty firm (and somewhat uncompetitive) on interest rates. They seem to take the attitude that they have a superior product, so a point or two on interest rates shouldn't be a deal-breaker.

I could have gotten a slightly better rate on my lease last December, but it would have required some jumping through hoops and would have saved me only a few bucks a month, so I blew it off.

Mike
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oztiks
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Re: Weird Lexus Financing
« Reply #3 on: July 02, 2008, 11:38:52 AM »

Agreed.. they seem fairly unwaivering. When you mention Infiniti's low rates they just mutter something about sub-rate lending and continue on their merry way.
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Re: Weird Lexus Financing
« Reply #4 on: July 02, 2008, 11:46:21 AM »

so you're not opposed to "out-sourcing" your financing... you're just miffed that they aren't offering any financial incentives like the majority of the other auto-makers?
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09M35 (yes)
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Re: Weird Lexus Financing
« Reply #5 on: July 03, 2008, 05:52:23 PM »

Correct. I wont get anything less than 5.5~% with a standard bank, though.. so that doesnt really help.
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Re: Weird Lexus Financing
« Reply #6 on: July 03, 2008, 06:32:19 PM »

I was surfing the auto-blogs.... GM is offering up to 72 months at 0.0%  Wink  That new SUV is looking better everyday, haha.... Now if only the gas prices would stop going up... i'm okay with 4 dollars... but nothing is telling me it won't be 5 dollars next month or 7 dollars by xmas
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Re: Weird Lexus Financing
« Reply #7 on: July 03, 2008, 07:09:38 PM »

Quote from: 07G35S on July 03, 2008, 06:32:19 PM
I was surfing the auto-blogs.... GM is offering up to 72 months at 0.0%  Wink  That new SUV is looking better everyday, haha.... Now if only the gas prices would stop going up... i'm okay with 4 dollars... but nothing is telling me it won't be 5 dollars next month or 7 dollars by xmas

Yeah, I think that if the gave me points over 7 years, I might get something from them. But on a more practical note, I bought a new Nissan years ago that was GMAC financed. Isn't that the same as GM? And are they offering the 7/0 only for their make?
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Re: Weird Lexus Financing
« Reply #8 on: July 03, 2008, 07:27:15 PM »

oh I assume so... thats what I was referring to.   I'm sure you can get GMAC financing if you want to... but the best deals are going to be on GM vehicles.   I love the tahoe though!  Just can't say I could justify the gas cost considering 95% of the driving would be Karen alone!
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Re: Weird Lexus Financing
« Reply #9 on: July 04, 2008, 11:11:44 AM »

I actually really like the tahoe too. It's almost escalade-level in its current revision. My sister cross-shopped the armada and the tahoe twice now, and both times the armada has won.
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