See Regency Lexus complete details.
PROMOTIONAL RATE & LEV PROTECTION
The Promotional and Standard Lease and Finance Rates offered under the Monthly Program Summary will be protected on units undeliverable during the program period for up to one month as follows:
- The application must be received by LFS no later than midnight on the last day of the month or last day of the program as some programs carry into the following month due to a month ending on a weekend.
- The RDR corresponding to the approved application must be registered and accepted by the Retail Delivery Reporting System no later than close of business on the last day of the following month.
- If the RDR is not registered by last day of the following month, any rate support subsidy paid by TCI will be charged back to the Dealership.
- This protection does not apply to Stackable or Non-Stackable Cash Incentives, Lease Assist, Payment Waivers, Conquest Certificates, Loyalty Certificates, or Trading Dollars, only to Promotional Rates with an LFS Contract.
- All Stackable or Non-Stackable Cash Incentives, Lease Assist, Payment Waivers, Certificates, Trading Dollars, Sales Staff Cash Incentives, Monthly Target Accomplishments, and Pursuit Program Points will continue to be based on the month the RDR is submitted.
- LEV’s will also be protected, providing the above criteria are met. However, LEV’s from one month cannot be used with Promotional Lease rates from another. If the previous month’s protected LEV’s are used, then the previous month’s Promotional Lease Rates must also be used.