I leased two Lexus within the last month resold it for a profit. The dealer paid the lease in full(buyout). I do not owe Lexus as of now anything. I tried to lease a third vehicle today and, when i got to the finance manager, he told me that Lexus flagged my name and would not allow me to lease another. Had anybody ran across this problem?
The finance manager said he will try to convince the bank(I’m assuming that he is referring to Lexus) on Monday. I don’t know how this works but crossing my fingers.
“I’ve leased TWO Lexus…”
CDJR piranhas have entered the chat.
Yes, it’s very possible. Flipping a Lexus for profit isn’t super common on here…but the brand/manufacture doesn’t really make a big difference. You can get flagged through nearly anyone, for nearly any reason.
I’m not sure what that has to do with YOUR denial? Were they co-signers…? Or if using the same registered address, I suppose that could raise a flag as well.
Many times there are incentives and in 47 or 48 states you’ll pay approx 93% less in taxes. The downside is you have an acquisition fee to account for. If you’re going to flip, leasing is the way to go far more times than not.
what car is this? how much discount? how much is the cap cost? how much you selling for? and what dealer is this? asking for research purposes @BHay you can come crash in my couch piranha
