Lexus Car Lease
Lexus has always been known for there modern design, reliable builds, smooth ride and luxurious comfort. Whether you're looking to buy new, lease a Lexus, trade-in, trade-up, get cash or exit your lease early... Rodo can help you upgrade to a newer luxury vehicle at a price you can afford. With the Rodo car marketplace you'll find a wide variety of vehicle models, with competitive monthly lease pricing or finance purchase options.
If you have questions, we have answers. Find our most common questions answered below. Should you need more information or assistance, our support team will be happy to answer your questions promptly using the Rodo chat feature!
How Can I Tell What Model is Right for Me?
Lexus, like most car manufacturers, use trim levels within the model of each make. Just a little different as the trim levels are right after the Lexus name, whereas they're usually after the model name. All Lexus cars are luxury vehicles and the type of car each is can be ascertained by the alphanumeric naming system. The first letter is the trim and the second is the body style. The numbers following those are the engine size. A 2.0 engine is listed as a 200, and a 3.5-liter engine is listed as a 350. An “h” after the engine size means the model is a “hybrid”.
What do the Letters Mean in Lexus Terminology?
F models are high performance. F Sport means it has been modified for better performance. ES models are luxury sedans and front-wheel drives. Within this range are the Lexus ES 350 Base, and the Lexus ES 300h Base. UX is the Urban Explorer range and these are luxury crossover SUVs. Within this range are the Lexus UX 200 Base, the Lexus UX 200 F SPORT, the Lexus UX 250h Base, and the Lexus UX 250h F SPORT. The NX range are compact crossover SUVs. Popular models in this lineup include: The Lexus NX 300 Base, the Lexus NX 300h Base, and the Lexus 300 F Sport.
IS stands for “Intelligent Sport” and these are an entry-level sport model of Sedan. Within the IS range are the Lexus IS 300 Base and the larger engine of the Lexus IS 350 Base. The RC range is the Lexus 2-door coupe vehicles. A Lexus “RC” 300 Base means it is a 2-door coupe car, made by Lexus and has a 3.0-liter engine and the Base means it’s the base model, rather than the RC 350 F SPORT, which has a higher engine and modified for performance.
Will I Need to Travel Far to a Showroom or Can the Rodo App Show Lexus Deals Near Me?
There's no need for any travel as everything is handled through the Rodo app, or on our website. Rodo work with authorized Lexus dealerships across the United States. By bringing together a range of dealerships from every State, customers benefit from the increased competition resulting in prices always being below the MSRP on Lexus vehicles. Rather than competing on price alone, dealerships vary their finance.
Lexus lease terms can be low to no deposit and Lexus financing for a new Lexus can be competitive among the different Lexus dealer offers too. Some Lexus models have a low down payment for a Lexus lease and depending on the Lexus lease deals available from the dealer, some can accept trade-in offers in exchange for credits against a lease instead of a deposit, depending on the market value of the car you're trading in.
How Long Are the Terms on the Lexus Lease Deals on Rodo?
Lexus lease deals are provided by dealerships backed by Lexus Finance. The lease terms differ and can be as short as 24-months or the lease offers can be extended right up to 60-months.
Should I Buy or Lease Lexus Cars?
This completely depends on your usage and whether you want to trade up within a few years. When buying a car, some people want to make a long-term purchase and run it for over five years, clocking up the maximum mileage the warranty permits then selling it on to use the money from the sale of the old car as a down payment on a new model. Others prefer not to worry about repairs, in which case a lease may be a better way to go.
However, most lease offers stipulate an annual mileage, usually 12,000 miles to be covered by the warranty. If you drive more than 12,000 miles per year, it's best to discuss the terms of different lease deals available with the dealer.
Which Lexus has 7-Seats?
The Lexus RX SUV car has 5, 6, and 7-seater options available.
When is the First Payment Due?
Payment methods and finance options on any car listed on Rodo, including lease deals are always discussed transparently between the dealer and customer before any finance offers or lease deals are agreed and payments paid directly to the dealer you purchase from.
When Financing a New Lexus, What Method Has the Lowest Monthly Payment Plan?
All Lexus offers, financed or on lease, are arranged on an individual basis. The Rodo app gives you the ability to make offers to a Lexus dealer. So if you see a car that would meet your needs and you only need to work out payment plans, you can make offers to various dealerships to find which one can offer you the best lease or finance deal. Some dealers may use third-party finance companies, in which case the payment plans would be based on your credit score and arranged by another creditor.
Do I Need Good Credit to Get a Lease if I Can't Get Finance?
Car leases work similarly to loans only that it's the dealership that determines the risk level they're willing to take on rather than a finance company. However, as most dealerships deal with different finance firms, the credit requirements vary from dealer to dealer. The better your credit rating, the lower your monthly payment. A lease is similar to a loan. Over the term of a lease though, each payment also has an insurance factor to cover for any repairs that may need doing on occasion, which can help with budgeting.