Once you set your sights on the perfect Lexus driving option, you must determine whether you would like to buy or lease your set of wheels. Both of these options have their own respective benefits, and your choice boils down to what will adhere to your budgetary constraints and driving needs best. That is why we at Jim White Lexus of Toledo are here to lay out the details of each path, so there isn’t any gray area. When you are ready to take the leap, make your way to our location!
Leasing
Let’s start with the acquisition option that provides the utmost in terms of flexibility. When you lease, you will be borrowing your prospective ride from us for a period time that averages three years. You will have a mileage allowance in that window, so if you drive varying distances throughout the year, this avenue might not be for you. The benefit of opting for leasing is that you will have a low down payment, if any, and a minimal monthly rate. That is because we only ask that you cover the model’s depreciation while it is in your possession. This is the perfect trial period, because if you decide you want to keep the Lexus for good, you can purchase it for its remaining value at the end of your contract. Or, if you want to start a new agreement, you can upgrade to a completely different model!
Buying
On the opposite side of the fence, you have the opportunity to purchase the vehicle you are keen on for its full cost. This is a fantastic choice if you want to see a return on your investment, because you will become the sole owner of the Lexus after you make your last payment. When you visit our Finance Department, we will split up the sticker price over a period of time that ranges between four