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Kate Middleton and Prince William co-host BBC Radio 1 chart show
Kate Middleton, Prince William and Prince Harry share candid conversation about their struggles in new video
Kate Middleton proud of “brilliant” Prince Harry after opening up about Princess Diana’s death
Kate Middleton admits motherhood can be “lonely”
Meghan Markle shuts down lifestyle blog The Tig

Cash acquisitions of Lexus LF-A will be made in special circumstances

in Auto
by Julia
August 9, 2010 at 6:31 pm

Lexus customers in the United States will be able to purchase an LF-A in cash after signing a contract which forbids the resale in the first two years without permission from the dealer.

Lexus changed their mind regarding how a LF-A can be bought. So far, the only way you could purchase it was to sign a lease for two years with zero rates and a residual rate of 228,000 euros.

This time, the LF-A customers will be able to buy a LF-A with a contract that forbids them to sell the car in the first two years without offering the dealer a buy-back option at a price list or at market price – whichever is lower.

Basically, the Lexus reserves the right to buy back any LF-A in the first two years from acquisition, at the lowest between its list price and its market price.

If the owner sells the vehicle without offering a buy-back option to the car dealer, he is forced to return the profit over the price he would received from the car dealer plus all related legal fees.

Lexus dealers hold the right to grant permission to the client to sell the car in the first two years of purchase. All these measures are taken in an attempt to prevent speculators and offer only a limited number of copies to enthusiasts who can afford such a vehicle.

image source: autoblog.com

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