Regarding finding the best Lexus vehicle for you, one of the biggest decisions is buying or leasing. Buying and leasing each have unique advantages depending on your needs and preferences. To help you determine the best path, let's look at the key benefits of buying and leasing.
The Perks of Buying a New Lexus
When you purchase a new Lexus, you are making an investment that offers several compelling benefits:
- True ownership - The vehicle is entirely yours to drive for as long as you want with no mileage limitations or lease-end considerations.
- Freedom to modify - Buying allows you to customize and accessorize your Lexus to your exact preferences.
- Ability to sell or trade - As the owner, you can opt to sell the vehicle yourself or trade it down the road to get value back.
- Pride of Lexus ownership - There's a special pride and satisfaction that comes with driving a vehicle renowned for luxury, performance and reliability.
The Advantages of Leasing a New Lexus
For many, leasing offers an appealing and flexible way to drive a new Lexus:
- Lower monthly payments - Since you're only paying for the portion of the vehicle, leasing often means a lower monthly payment than buying.
- Less upfront cost - Leasing a new Lexus usually requires less money down than financing a purchase.
- Warranty coverage - Lexus lease terms are typically within the vehicles' warranty period, so most repairs are covered.
- Always drive the latest - With a lease, you can regularly upgrade to the newest Lexus models every few years.
- Flexible lease-end options - When your lease is up, you can simply return the vehicle, buy it out, or lease a new Lexus model.
Explore Your Lexus Options at Lexus of Warwick
Whether buying or leasing a new Lexus is right for you, Lexus of Warwick is here to help. You can conveniently schedule a test drive online or visit our dealership in Warwick, RI. Experience our extensive selection of new and pre-owned Lexus vehicles in person. Our friendly, knowledgeable team is standing by to answer all your questions and help you find the ideal Lexus vehicle.