Lexus allowing full purchase of LFA in US… but there’s a catch
Of the 500 units of the Lexus LFA to be made, Lexus will only bring 150 to the United States. At first, Lexus announced that the LFA will only be available to lease in the United States – a move made to drive speculators out of the market for the $375,000 supercar. Those who bought the LFA would have to hold onto the car for at least two years before the lease was up. After that, a customer would have the option to buy the car outright.
Click here for more news on the Lexus LFA.
Well, Lexus has now changed their mind and American customers will now be able to buy the Lexus LFA right off the bat – however, they have to sign an agreement to give the dealer the first right of refusal to buy back the LFA if the owner wants to sell it within the first two years. The move will give the dealer the option to buy back the LFA for fair market value or the original sticker price or whichever is lower.
If the owner decides to sell the car within two years and doesn’t give the dealer the chance to buy it back first, the dealer would be owed the difference between the original price of the car and what he/she sold it for, plus legal fees.
Whatever you end up doing, leasing or buying, Toyota has made sure not to let speculators make a profit by reselling the LFA within the first two years of ownership.
Refresher: Power for the Lexus LFA comes from a 4.8L V10 engine that makes 552-hp with a maximum torque of 354 lb-ft. Mated to a 6-speed Automated Sequential Gearbox, the LFA goes from 0-60 mph with a time of just 3.5 seconds and a top speed of 202 mph.
2011 Lexus LFA:
– By: Omar Rana
Source: Autoblog