When you explore Lexus leasing options, one question inevitably arises: what is lease cash, and how does it help me save money? This is a common benefit available on our leases, and the Keyes Lexus team can tell you everything about it. Here’s what you need to know about lease cash and what it means for your leasing plan.
How Does Lease Cash Work?
Lease cash is a discount on a model when you lease it from a dealership. This is a flat dollar amount that the manufacturer or dealership sets, reducing the total vehicle lease cost. You can think of it as a flat rebate that only applies when you lease a car, as opposed to subsidized leasing costs that are typically percentage-based.
How Does This Help Me Save Money?
When you apply for a lease with a lease cash offer, you’ll reduce monthly vehicle costs in several ways. Lease cash is applied directly toward the leasing principal, which determines your monthly payment; the lower the principal, the lower your monthly costs. It helps in another way, too, improving your interest rates since they’ll be based on a lower vehicle price.
Which Models are Eligible for Lease Cash?
Many vehicles are eligible for lease cash depending on our current leasing deals. We may set seasonal leasing offers on newer models or ones in line with manufacturer incentives. Call ahead or ask during your visit which lease cash offers are currently available, or how else you can save money on the model you want.
Explore Lease Cash Options in Van Nuys, CA
Now that you know what lease cash is, it’s time to explore applicable leases. Contact Keyes Lexus today to discuss leasing options with our dealership.
