If you are shopping for a new or used Lexus vehicle, or are a current Lexus Financial Services customer who is financially impacted by the outbreak of the COVID-19 virus, there are payment relief programs offered to help alleviate financial stress. Lexus Financial Services offers 90-day payment deferral* for eligible customers, as well as Lease-End Support and Payment Relief Programs for current customers. To learn more about each of the programs offered through Lexus Financial Services, continue reading below!
90-Day Payment Deferral on a New or Certified Pre-Owned Lexus
If you need a new vehicle, Lexus Financial Services is allowing eligible customers ay deferral their first payment on their new or pre-owned certified Lexus model for 90 days. * At Lexus of Concord, we have implemented unique car-buying services amid the Coronavirus. These include online car shopping, delivery test drives and complimentary delivery with the purchase of a new vehicle.
Lease-End Support through Lexus Financial Services
If your lease through Lexus Financial Services, there are unique programs offered for those who have been impacted by the COVID-19 outbreak. Through the Lexus Financial Support Center, customers can apply for a Lease Maturity Extension, payment deferral, request for your vehicle to be picked up, along with a few other options. To learn more, follow the LexusFinancial Services link below!
Payment Relief for Current Lexus Customers
If you lost your job or are struggling financially due to the pandemic, you may qualify for payment relief programs through Lexus Financial Services. Just a couple of these include payment deferral and payment extension. To access your Lexus Financial Services account, follow the link below and register using your VIN or account number.
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*Available on approved credit through participating Lexus dealers and Lexus Financial Services (LFS). Not all applicants will qualify. You may defer the first retail payment for up to 90 days from the contract date (up to 45 days in Pennsylvania). The amount of interest you pay will increase because finance charges accrue from the contract date origination. Earned interest over the first 90 days will be paid as interest according to your amortization schedule and will not be waived or added to the principal. Available on new Lexus vehicles and Lexus Certified vehicles. The maximum term is 72 months. Individual dealer prices, other terms, and offers may vary. Void where prohibited. See your participating Lexus dealer for details. The 90-day program is offered March 18, 2020, through May 4, 2020, and the 45-day program in Pennsylvania is offered March 27, 2020, through May 4, 2020. Lexus Financial Services is a division of Toyota Motor Credit Corporation.