I am looking to purchase my first PHEV. I filled out earlier today (2/23) my CU online loan app for financing and I am just waiting for approval which should be on Monday. I received a call today from a dealer following up on my inquiry about NX 450+ being in stock. He let me know that there aren’t any current incentives on this vehicle for financing BUT there is a $7500 lease cash on this model. I told him I wasn’t interested in leasing but he asked me to “hear him out.”
He said there is a loophole which would allow me to take advantage of this $7500 lease cash. He said I could lease the vehicle and in two - three months with my own financing buy out my lease. He said just to make sure my bank allows lease buyouts. Before I put any energy into communicating with him I wanted to get feedback on this. Please note the last vehicle purchase was online in 2006 (Lexus RX 350). TIA