Although you can finance any one of our Lexus vehicles through a preferred financial establishment, we have a tailored made Lexus Finance products that offer a variety of benefits and features for our discerning customers.
Digital System
If you choose to finance your vehicle through Lexus finance, then you will be given access to our online portal and iContract system, which allows you to log-in and digitally sign contracts, download your policy information and view all the information you need regarding your Lexus in one central place. You can update your personal details as well as get statements and settlement quotations all online. You can even refinance your balloon payment through the system if it is coming up to its due date.
Take a Break
The “Take a Break” option allows you to choose one month of the year to skip your vehicle finance repayment, every year. Maybe you’d like to go away for your birthday or celebrate the festive season in style. The “Take a Break” program gives you the flexibility to free up your finances on the month of your choosing.
Leasing
Enjoy the comfort and luxury of Lexus but don’t want to actually purchase the vehicle outright? Our vehicle leasing options allow you to drive a Lexus with the freedom to give it back. This program is ideal for business purposes, or who receive a car allowance. Leases can be anything from 6 – 60 months and you can always re-finance at the end of the lease or even purchase the vehicle.
Vehicle insurance is great in that it covers you for the basics, accidental damage and theft. However, how comprehensive is your ‘car insurance’? Will it help your family in the event of your death? Does it protect your assets if you are retrenched? Our Lexus insurance products cover offer a variety of different options for a wide range of incidences, it really is more than just vehicle insurance.
Credit Protection
In the event of death, disability, retrenchment or dread disease, the Credit Protection Policy will either pay the outstanding settlement to your financial provider, or cover your instalments for a set period of time, depending on the situation.
You can top up this product with a Retrenchment Policy that will cover you for up to a maximum of 9 months by paying your monthly instalments on your behalf (6 months for 1st claim, 3 month waiting period).
GAAP
GAAP cover will help in the case that your comprehensive insurance plan does not pay out the full outstanding balance on your finance in the case of the vehicle being stolen or written off. This cover is up to R1 million, but does not cover arrears or refundable products (e.g. Warranties). It will also assist with up to R6000 towards excess payments and a few other benefits like loyalty bonuses and scratch & dent cover.
If your Lexus is bought under your business then there is the Commercial Asseture product, which offers similar benefits as the GAAP cover but for commercial purposes.
Deposit Protector
This option will pay back the deposit paid at time of purchase on your new Lexus in the event of it being written off or stolen, up to a value half a million Rand, providing you have comprehensive insurance.
Return to Invoice
Similar to the Deposit Protector, this insurance plan will cover the difference between the current market value/pay out from insurer and the price paid for the Lexus vehicle in the event of it being written off or stolen. This protects you from the depreciation of the vehicle.
NB: In the event of a stolen vehicle, the vehicle must not be recovered for the policy to pay out.
Want to know more about our finance and insurance options? Simply fill in the form below, and we'll get back to you.