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Payment waiver program, or pull ahead program?
Hi,
I am in the middle of a lease on a 2014 Lexus IS 250 that is set to mature in June 2016. I've seen references to a payment waiver or pull ahead program whereby Lexus may let you out of a lease early if you're within 6 months, and you lease a new vehicle through them. Does anyone know if this is accurate, or how exactly it works?
Thanks.
I am in the middle of a lease on a 2014 Lexus IS 250 that is set to mature in June 2016. I've seen references to a payment waiver or pull ahead program whereby Lexus may let you out of a lease early if you're within 6 months, and you lease a new vehicle through them. Does anyone know if this is accurate, or how exactly it works?
Thanks.
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Answers
The pull ahead program is probably more beneficial to the dealer than to you, but if you have some equity in the car (that is, if retail value exceeds your pay-off amount), you might be able to cut yourself a good deal.
For some owners, just getting a new car is a good enough deal. For others, they want equal or lower payments before they make the switch.
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