If your lease is coming to an end, you may be wondering which avenue you should take next. That’s why our team at Jim White Lexus of Toledo has put together this overview to explain your options. Read on to learn more, and feel free to
Purchase the Vehicle
As you’ve been cruising throughout Sylvania with your leased Lexus model, you may find yourself growing attached to the set of wheels. In this case, we’d love to switch you over to a financing plan so you can own the vehicle outright. This option is perfect if you’re looking to take creative control over your Lexus. Since you’ll officially be the owner, you’ll be able to customize it to your liking. Not to mention, all the money you’ve paid toward the value of the ride will be applied to the purchase, so you won’t be losing your investment. If, in the future, you no longer wish to own the vehicle, we’d be happy to help by purchasing it back or assisting with a trade-in.
Continue Leasing
While owning a vehicle may be the preferred option for some motorists, it’s not a one-size-fits-all solution. If you’ve found that you enjoy the flexibility of leasing, we’re happy to help you start a new contract for a more recent Lexus model. This allows you to stay on top of the latest automotive innovations while continuing to explore Ohio in style. As an added benefit, lease agreements typically last only two to four years, so you won’t have to worry ​