Car Loan and Auto Financing Vancouver, British Columbia
Low Interest Auto Financing
Financing the purchase of your vehicle is a straightforward process that can be arranged prior to, or at time of purchase. Your Lexus Representative is completely equipped to make all the necessary financing arrangements. Lexus Financial Services offers you the convenience of making your monthly payments automatically through your chequing account by using our DIRECT PAYMENT PLAN feature.
Simple Interest Financing
The Lexus finance plan uses the simple interest method to calculate daily interest charges. This is the fairest of all methods. A payment received one day early would result in an interest credit (cost savings) and a payment received one day late would be subject to an extra day's interest.
Lump Sum Payments
If, at any time, you elect to make a lump sum payment, the simple interest method ensures that you receive full value. When a lump sum payment is received, we will deduct a portion for interest earned from the date the previous payment was made and apply the balance to the principal. Consequently, you will reduce your term and realize a savings in interest cost.
Competitive rates and flexible terms
You will find that our rates are very competitive. No fee or penalty applies. The Lexus finance plan offers flexible terms that are tailored to meet you needs. Depending on the vehicle you choose and your good credit, you may qualify for terms of up to 60 months.