buying: Lexus finally launches its Complete Lease car subscription program - PressFrom - US
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buyingLexus finally launches its Complete Lease car subscription program

23:51  11 february  2019
23:51  11 february  2019 Source:   cnet.com

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The Lexus Complete Lease program , like most car subscription models, offers a monthly flat fee that includes the cost of the vehicle. Insurance and maintenance. The program is based on a two-year, 20,000-mile lease and can be obtained with the new Lexus UX and UX Hybrid models .

The Lexus Complete Lease program -- like most car subscription models -- offers customers a single flat monthly fee that includes the cost of Complete Lease comes across as a great way to get younger buyers into Lexus dealers, provided that subscription program is administered successfully.

Lexus finally launches its Complete Lease car subscription program© CNET

Lexus' entry-level UX and UX Hybrid models are the first to be included in the brand's new Complete Lease subscription program.

We've known for a while that Lexus was planning on getting into the car subscription game with its Complete Lease program, but we only had a general time frame during which we could expect it to launch. Lexus announced on Thursday that the program is up and running in seven states across the US.

The Lexus Complete Lease program -- like most car subscription models -- offers customers a single flat monthly fee that includes the cost of the vehicle, insurance and maintenance. The program is built around a two-year 20,000-mile lease and can be had with the new Lexus UX and UX Hybrid models.

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Called Lexus Complete Lease , the program will launch in four markets across America during the first Lexus designed Complete Lease to give buyers a hassle-free, all-in-one alternative to buying or leasing . BMW divided its car -sharing program into three tiers, for example. One thing is certain

The Complete Lease program will launch in Boston, Chicago, Los Angeles and Miami, though Lexus will consider expanding it to other cities at a later date. Tenhouse says those locations were chosen, in part, because the UX is aimed at city-dwelling shoppers and because those cities' higher insurance

"This type of alternative leasing program aligns with the heart of Lexus, providing an amazing guest experience in every way," Lisa Materazzo, vice president of Lexus marketing, said in a statement. "By appealing to those looking to simplify their monthly commitment, the Lexus Complete Lease program makes the process more streamlined for our guests."

Currently, 80 Lexus dealers are participating in the Complete Lease program in California, Florida, Illinois, Indiana, Massachusetts, New Hampshire and Rhode Island. Complete Lease comes across as a great way to get younger buyers into Lexus dealers, provided that subscription program is administered successfully.

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Lexus finally launches its Complete Lease car subscription program . We've known for a while that Lexus was planning on getting into the car subscription game with its Complete Lease program , but we only had a general time frame during which we could expect it to launc.

Lexus will open its Complete Lease program in the first quarter of 2019 with the newly unveiled UX crossover. Mercedes-Benz has been talking about launching its pilot program for a car subscription service for months but now it ' s a reality.

This was originally published on Roadshow.

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You're no longer restricted to traditional car buying and leasing. Here's our guide to find out if a car subscription service is right for you.

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