Lexus tightens its vice grip on the LFA

[Dinesh]

http://www.zerotohundred.com/?attachment_id=14027

Remember how Lexus went all Ferrari-esque and announced that the LFA wouldn’t be available for sale in the first two years but would instead be leased to owners on the pretext of preventing speculators from cashing in on the supercar by reselling it immediately and pocketing a handsome profit.

http://www.zerotohundred.com/?attachment_id=14028

The original agreement allowed the owner to buy the car outright once the two year lease period was up. Now however, Lexus has gone soft and is apparently allowing customers to buy the car outright from the get-go but on the condition that the dealer will be given first choice on buying the car back if the owner decides to sell it within the first two years. If the dealer decides to do so, the LFA will trade hands back for either fair market value or the original price of the car, whichever is lower at that point.

http://www.zerotohundred.com/?attachment_id=14029

Now of course the condition is legally binding and if the owner sells it off to a third party without giving the dealer first say, lawyers will come knocking and demand for the profit made in the sale as well as legal fees for their troubles.

http://www.zerotohundred.com/?attachment_id=14030

So if you’re shelling out on an LFA as an investment, Toyota is going to make absolutely sure that no profits are made in the first two years.

http://www.zerotohundred.com/?attachment_id=14031

Source: Autoblog

 

[g4i8y0t]

crap.. what would lexus be losing if owners sell their LFA higher than purchase price?

 

[d15z1sux]

buy an italia 458 instead i say... if u have the cash.

 

[fast]

symbolic of a person who wants a product which others cannot get eg. enzo ferrari ...

others from others....