Stretch Lease
What is a Stretch Lease?
A Stretch Lease delivers a lower monthly payment by extending standard terms by four months without a rate increase and without a corresponding reduction in Lease-end Value.
This allows us to offer you a “stretched” 40 month short term lease payment vs. that of a longer 48 month lease term. It is available on stretched terms of 28, 40, 52 and 64 months only.
How does this benefit YOU?
- Lower payments by stretching the original lease term by an additional 4 months
- Combinable with the monthly and bi-weekly payment options
- Combinable with the 1.5% Lease Loyalty rate reduction offer
- Eligible to be used on new and demonstrator vehicle leases including Prepaid lease
Stretch Lease Scenario Comparison
Scenario A
Lease Payment on 2025 Lexus NX 350 | $442/Bi-weekly Payments @ 2.9% for 24 months
Scenario B
Lease Payment on 2025 Lexus NX 350 | $390.18/Bi-weekly Payments @ 2.9% for 28 months
Save $103.64 each month (or $1,243.68 in a year!)