Lexus LFA sports car – now be bought without a leasing program

2011 Lexus LFA can now be bought without a leasing program

2011 Lexus LFAA brand LFA sports car can now be acquired without being committed to a lease program. According to Lexus representatives, there are now three ways to acquire a brand-new LFA priced at $375,000.

Aside from Lexus’ 24-month, 1Pay lease program, customers can opt for retail financing for the supercar, or buy the vehicle outright. These last two options were added last June to attract customers who wish for some flexibility in acquiring an LFA. However, these two options have a legal caveat attached. If within two years of delivery, the owner chooses to sell, re-lease, or transfer ownership of the car, the original Lexus dealer gets first refusal to re-acquire the vehicle. It’s not too surprising that this rider is attached to the purchase plan. If you recall, Lexus’ original idea for the LFA was to lease it to select customers for a couple of years, permitting Lexus to limit speculation and third-party markup for used LFAs. Brian Smith, Lexus’ vice president of sales, had said previously that the brand wants people to be out driving the 4.8-liter, 552hp V-10 car and not just “parking it in a museum or selling it at an inflated price.”

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