As nice as it sounds to be the proud owner of a brand-new vehicle, there is such a thing as ‘cost of ownership. These costs range from insurance to basic necessities like periodic maintenance, which sometimes turns people off to pure ownership.
Lexus wants to address this concern by offering a leasing program for prospective customers.
Lexus Kinto One
The Kinto One program will have packages that cover periodic maintenance, normal wear and tear parts replacement, annual comprehensive insurance, annual registration, and an exclusive Kinto concierge service.
These are the following Lexus models covered by the Kinto One Program:
NX: PHP 70,964USD 1,205INR 102,564EUR 1,160CNY 8,800 per month
IS: PHP 72,974USD 1,239INR 105,469EUR 1,193CNY 9,049 per month
ES: PHP 81,994USD 1,392INR 118,506EUR 1,341CNY 10,167 per month
Duration of each package can come in either 3 or 4 years terms, with different mileage cap options depending on driver preference.
Given that this is a luxury brand offering we’re curious as to who would avail of this service. Speculation wise the program is a nod towards high-level executives with car plans or ‘expats’ looking for hassle-free mobility.
