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Lexus Lease vs. Buy

 

LEXUS LEASE VS. BUY COMPARISON IN NORTH SCOTTSDALE, AZ

 

Lexus Lease vs Buy

 

Now that you’ve done all the research and taken your favorite Lexus model for a test drive, it’s time to decide whether you are going to lease or finance. At our Lexus dealership in North Scottsdale, AZ, we know that the decision can be difficult. In order to aid you in the decision making process, we’ve compiled this handy guide of what you can expect when you buy versus when you lease your next Lexus luxury vehicle.

 

After you’ve had a moment to review the information we’ve provided, we encourage you to give us a call at (877) 202-7379, where our team of automotive experts is available to answer any question to your complete satisfaction.

 

WHEN TO LEASE A LEXUS

 

For drivers in and around the North Scottsdale, AZ area who want to make sure they are driving the latest models every few years, a lease contract is the perfect idea. Though there are mileage and customization restrictions that come with leasing, your monthly payments will be lower than they would be were you to finance.

Lexus Lease vs Buy

Who Owns It

After your lease contract is concluded, you may either lease another vehicle or purchase the vehicle you leased for an amount agreed upon at signing.

 

Up-Front Costs

You'll be required to pay the first payment, security deposit, and any state fees and taxes.

 

Future Value

Since you won't own it, you won't have to worry about depreciation.

 

End of Payments

Your lease payments end at the conclusion of your contract. Any end-of-lease fees, agreed upon at the time of signing, will be required, as well as payment for any damage that doesn't fall under normal wear and tear.

 

 

WHEN TO BUY A LEXUS

 

For those that want to own their Lexus when they are finished paying it off, financing through our North Scottsdale Lexus dealership is the perfect option to consider. With no mileage or customization restrictions, financing your Lexus is the ideal way to make it completely your own.

Lexus Lease vs Buy

Who Owns It

When you've finished making payments on your Lexus, you will own it outright.

 

Up-Front Costs

A down payment will be required for a loan as well as any state registration fees.

 

Future Value

As time goes on, a vehicle depreciates in value. For those looking to sell in the future, every imperfection will be factored into its value. You will also have the freedom to sell it whenever you like.

 

End of Payments

Once your payments are complete, you will own your vehicle. You can freely drive it for as long as you'd like.

 

 

START YOUR LEXUS LEASE OR PURCHASE TODAY IN NORTH SCOTTSDALE, AZ!

 

For more information on buying vs. leasing your next Lexus car, crossover, or SUV, or how you can schedule a test drive at our Lexus dealership in North Scottsdale, AZ, please don’t hesitate to contact Bell Lexus through our website or by calling us at (877) 202-7379.