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Vehicle leasing is the leasing (or the use) of a motor vehicle for a fixed period of time at an agreed amount of money for the lease. It is commonly offered by dealers as an alternative to vehicle purchase but is widely used by businesses as a method of acquiring (or having the use of) vehicles for business, without the usually needed cash outlay.
The business known as Toyota Financial Services covers more than 30 countries and regions, including Japan. Financial services operations are coordinated by a wholly owned subsidiary of Toyota Motor Corporation (TMC), Toyota Financial Services Corporation (TFSC), which has overall responsibility for the financial services subsidiaries globally.
Most car dealers offer a variety of financing options for the purchase of cars, including loans and leases. Financing can be highly profitable for dealerships. There have been some scandals involving discriminatory or predatory lending practices, and as a result, vehicle financing is heavily regulated in many states.
In January 2005, Lexus introduced the RX 330 "Thundercloud Edition" for the U.S. market, featuring a chrome horizontal-slatted grille, unique 5-spoke 18" alloy wheels, black Bird's Eye Maple wood trim, Thundercloud badges and carpeted floor mats, and two special exterior colors (Thundercloud Metallic and Thundercloud Flint Mica).
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