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Attention: California Lease Customers - Impacts from the Sales and Use Tax Increase

Effective April 1, 2009, the State of California and some local California jurisdictions are increasing sales and use tax rates. Your monthly lease payment amount is calculated based in part on these sales and use tax rates. Therefore, the increase in the tax rates may result in an increase in your monthly lease payment.

Effective with billing statements displayed on April 4, 2009, your monthly lease payment amount will reflect any increase in the tax rates applicable to your lease. To find your current billing statement online including any change in your payment amount, log-in to your account and select "Statements" from the top navigation.

If you have set-up a recurring payment schedule using lexusfinancial.com, to help ensure the continued timely payment of your account, please update the dollar amount to match any payment changes that may have occurred as a result of the tax rate increases.

Go to the California State Board of Equalization website to learn more about the California sales and use tax increase.

Sales and Use Tax Rate Increases on April 1, 2009

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