Financing vs. Leasing Your Next Lexus near Lexington, KY

Looking to find yourself a capable and luxurious new, used, or certified pre-owned vehicle? You have plenty of options from which to choose here at Lexus of Lexington! From the refined and spacious Lexus RX 350 to the even-roomier Lexus RX 350L and GX 460 SUVs to the versatile Lexus ES 350 and LS 500 sedans, our inventory is chock-full of compelling choices. But that begs the question, based on your budget and your desire for features, are you better off financing a new or used Lexus, or leasing a brand new Lexus? Find out which option is better for you by contacting our finance specialists today or reading more, below!

Should I Lease or Should I Buy?

You're wondering whether leasing or financing a vehicle purchase is a better option, and we can understand why that might be the case. You often hear about the long-term financial benefits to purchasing your own vehicle and not having payments eventually. But then again, you hear about the maintenance costs associated with owning a vehicle over time. The fact is, both leasing and buying have benefits of their own. Interested in which is the better option for you? Here's why you might want to lease vs. buy your next vehicle near Lexington, KY.

Leasing Benefits

 

  • Leasing is usually cheaper on a monthly basis.
  • Leasing allows you access to the latest features and technologies (like active safety technologies and infotainment options).
  • Leases don't usually extend past the new vehicle limited warranty, meaning you'll likely pay less for repairs and maintenance.
  • When you lease, you don't have to worry about a trade-in.

 

Financing Benefits

 

  • When you're done paying off your financing installments, you own your vehicle outright.
  • If/when trade-in your vehicle, you'll potentially benefit from its residual value.
  • You can customize your vehicle to your liking.
  • There are no mileage restrictions on purchase financing agreements.

 

Discuss Your Financing Options or Apply for Financing Today

Interested in learning more about the best automotive financing solution for your needs? Contact our Lexus finance center today or visit us at 1264 E New Circle Rd in Lexington, KY!

Categories: Testimonials, Finance
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