Toyota/Lexus limiting Lease buyout from 3rd Parties?!

Off-Ramp
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1

Just saw a reel from “benzandbowties” where he’s speculating that starting Oct 1, Toyota & Lexus financial are going to stop allowing 3rd Party buyouts of leases and force you to go back to original dealer to perform buyout, is there any truth to it?

2

I wonder why he’s not saying MSD may no longer be supported by MBFS instead???

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Yes and no. They will stop 3rd party buyouts Oct 1. however you can sell/return to any Lexus or Toyota dealer.

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4

Doesn’t fit his narrative or his customers don’t know what msds are anyways lol

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5

I guess not bad as much as I thought but wonder if this is next step in their effort to curb broker/out of state sales.

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I wonder if it anything to do with people flipping new ‘26 RAV4s to carmax & Carvana?

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I doubt it…there are barely any out there to buy…I doubt people are leasing to flip.

I think the speculation was only for leases. I don’t think Rav4s lease well anyway.

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has nothing to do with this.

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9

mazda, too, i believe.

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10

You are right. They lease terribly.

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Makes sense for Mazda too as they use TFS now as well.

Then probably just trying to keep inventory in the network instead of going to 3rd parties.

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12

This probably will affect new leases originating on or after Oct 1st?

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13

Sounds like starting OCT 1, no more 3rd party buyouts regardless of origination date.

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Hopefully corporate employees get an exception. I was hoping to pick up a Lexus from a friend.

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There’s always autonation lithia etc, since they have Toy dealers, right?

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I guess Toyota is really struggling with inventory levels. That’s the only conclusion I can reach.

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Or they watched carvana and carmax get rich off of their cars, and decided to protect their lease retention / dealer base, albeit 5 years too late?

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5 year too late for sure but I would think that only thing they really care about is possible retention but I don’t think Toyota was hurting for new car sales.

I really think that dealers are probably complaining about seeing other 3rd parties eating their lunch…

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Your friend can transfer the lease to you…if he sold you the car at the end of his lease that would a first party transaction and has never been allowed. A 3rd party transaction has been which is selling to a dealer ( Carmax, etc… )

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If I buy it from them, it’s 3rd party not 1st party (they would be the 1st party). Without going into detail, I know some aspects of the corporate leases work differently so I guess we’ll find out next year when they can get rid of it.