Buy vs Lease in Toledo, OH

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 and seven years. You will be able to decide on your term length, so you can slowly chip away at the full cost in a manner that doesn’t break the bank. Then, you can apply your down payment, take the keys, and drive away. If you want to find out your purchasing power and possible monthly rate before you walk through our doors, use our online Payment Calculator. After, you can complete the Get Pre-Approved form to receive your go-ahead in the loan process.
Inventory
Before you pick one of the aforementioned routes, you must decide which vehicle fits your daily driving needs. We understand that this can seem like a time-consuming process, which is why we include our entire inventory right here on our website! To begin, select your preferred model from the New Vehicles dropdown or click the Browse New Vehicles link to reveal everything that we currently have in stock. After that, you can use the filters on the left side of your screen to input your stipulations for the year, fuel economy, price point, and more! Once that is accomplished, we will promptly redirect you to a screen with a refined listing of rides that fulfill your needs. Then, when you are ready, you can swing by for a test drive!
Have you decided whether to buy vs lease in Toledo, OH? If so, make your way to Jim White Lexus of Toledo today to meet with a financial representative.

Sales Hours
855-893-4119
| Monday | 9:00 am - 7:00 pm |
| Tuesday | 9:00 am - 6:00 pm |
| Wednesday | 9:00 am - 6:00 pm |
| Thursday | 9:00 am - 7:00 pm |
| Friday | 9:00 am - 6:00 pm |
| Saturday | 9:00 am - 4:00 pm |
| Sunday | Closed |
Dealership Information
Testimonials
“ Very happy with our experience working with Jason Kehoe. Price was right, did everything I needed in terms of inspecting and running the truck through its paces. Accommodating no pressure purchasing experience. We were from out of state so final paperwork took a little longer but experience easily 5 star overall. We even got to do our photo shoot with the big red bow! Find a car you like then work with Jason and you won’t go wrong ”
“ Just bought a new TX at Lexus of Toledo- an excellent experience. Everyone we worked with there was knowledgeable , professional and so helpful- especially our salesman ,Jim. ”
“ Jim Schenk is the best! He goes above and beyond every time I want to look at a car. I have bought 2 cars from him and plan to have more. Looks out for what I want in my budget and takes time to search and verify clean cars for me. You will always have a great experience with Jim- Highly recommend! ”
“ Jim was great and very transparent! ”
I have been buying cars from Jim Schenk for over 25
“ I have been buying cars from Jim Schenk for over 25 years. He truly is one of the most Honest and nicest car sales rep I have ever worked with. So I would call him If you truly want to be treated right, there is no games just a great deal every time. Believe me I know a great car deal I used to be a car salesman myself. So see Jim tell him I sent you. ”
“ Just got a 2017 honda accord sport manual through them today. Test drove it two days ago really liked how it drove which was straight as an arrow. I then took it back to dealership after checking the oil and other fluids and driving it through town on the highway and even some country driving. Denise was super nice from the start. Didn't feel in any type of way my business wasnt as good as somebody who comes in to buy a new lexus. Then paid for a deposit that evening before heading to work. Went in after work and a few hours of sleep and finished paying for the rest of the car. I was super impressed with just the kindness and true caring nature of not just Denise but Brianna too who helped take my payment and helped me get through the paperwork and couldn't recommend doing business here more if they have a vehicle your looking for. Thank you again for the great service! Oh and almost forgot to mention they even dropped the car off for me while I was working at my house 30 minutes from the dealership.i was so grateful for that and was even blessed with a full tank of gas waiting for me as a cherry on top. Thank you all omcw again for the great car buying experience. ”
“ Denise is awesome ”
“ Love Lexas of Toledo Wonderful cars and Wonderful people. Denise worked hard to find just the car I wanted in just the color I wanted. She kept me updated all the way thru this process. And even helped entertain my 5yr old Great grandson on pickup day!!! ”
“ Denise is amazing! She was there every step of the way and made the whole process easy - Thank you Denise!! Everyone was so helpful and knowledgeable. Andrew, the finance gentleman, was awesome as well. I highly recommend Lexus of Toledo 💜 ”
“ Denise was great to work with during the entire process of securing my new Lexus NXh. This is my third Lexus purchased from this dealership ( Lexus of Toledo). I continue to be very satisfied with the services & ongoing the customer service provided. ”
“ Always a pleasure doing business with Jim Schenk & the folks at Jim White Lexus. I was recently looking for a LC500 and Jim Schenk was extremely helpful, competent and made the transaction so easy. Can’t thank you enough for the white glove treatment! ”
“ Always such a personal and professional experience! Jim Schenk is always a pleasure to deal with and a true expert in his field. Our Lexus RX350 F-Sport is the best vehicle we have ever owned. ”
“ Jim was a great person to work with. His attention to detail and great communication helped my decision making. ”
“ Really nice woman,easy to deal with..fast and easy transaction to them.. ”
“ I have purchased many Vehicles from Jim Schenk. Always honest and great customer service. ”
“ We had a great experience with Denise! The whole process went very smoothly. ”
“ Best in town.. love their service and they do care for customers ”
“ I was looking for a certain color car that wasn’t easy to get. Denise found it and Lexus Toledo worked with other dealers to get it here. ”
“ Jim has been very helpful to me before the sale, during the sale, and after the sale. Thanks Jim ”
“ I want to thank Lexus of Toledo for not only having great products but for employing outstanding associates like Mr. jim Schneck who not only sold me a great car, but who became a friend in the process. Knowledgeable, caring and committed to excellence are PRICELESS qualities. Thanks Jim! Dr. Clint Longenecker ”
“ I have had great experience at Lexus of Toledo, it’s a 5-star service. Special thanks to Jim Schenk for his excellent support, brand Knowledge, and welcoming service, much appreciated Jim. ”
“ Jim is the bomb. I’ve known him for many years and I appreciate his passion for cars and his honesty in his business practice. ”
“ I’ve been on a car hunt for awhile trying to find something that was the right fit for me. (I’m picky) That being said, Jim Schenk was amazing and so patient with me! He went above and beyond trying to find a car for me. 10/10 will recommend him to friends & family ”
“ Went Above & Beyond ”
“ Jason was efficient, constantly communicating, because I purchased the car from out of state. Hands done great experience and professionalism. ”
Jim Schenk has the ability to finesse the complicated
“ Jim Schenk has the ability to finesse the complicated into simple instruction. Low pressure, low stress. Jim Schenk is my guy when it comes to buying a new vehicle! Thanks Jim! ”
“ Even though I am not in the market to buy a car immediately, Jim Schenk still gave me quite a bit of his time the other day answering questions, showing me the different options that may fit my needs, etc. I greatly appreciated his time and patience and when I'm ready to make my purchase I will be back to see Jim! ”
“ Jim Schenk has been my salesman for years, bought several vehicles from him at Lexus of Toledo. I would highly recommend him if you’re in the market for a new vehicle! ”
“ Low stress, easy to work with…Jim Schenk is my man at Jim White! ”
“ My experience at Lexus was great. Jim Schenk was thorough, fun to work with, and he went out of his way to answer all my questions and give me as many options as possible. If you're in the market, I highly recommend working with him. Thanks for everything! ”
“ When I come in for service, the department is always prompt and courteous. They value my time. My salesman, Jim Schenck always makes time for me when I'm at the dealership. He's friendly and courteous; keeps me up to date on new vehicle offers; shows genuine interest in my satisfaction with our current vehicle. ”
“ Jim is very knowledgeable and honest. We are on our third vehicle purchased from him. Each experience has been great. Cannot say enough good about the quality of the Lexus brand. Thanks Jim for always doing a great job for us!! ”
“ Five stars for Jim Schenk at Lexus!! He helped get my children and I in a safe and reliable vehicle ASAP! Jim is very fair, honest, and easy to talk too during the car shopping process. I also want to mention, I never felt judged by him for having a smaller budget. Absolutely recommend the Lexus dealership and most importantly, I recommend reaching out to Jim for help while searching for a reliable and nice vehicle. Thank you so much, Jim Schenk. You are appreciated! ”
“ Great Dealership. Worked with Jim Schenk and the process was smooth and more importantly stress free. He was transparent, honest and there’s no need to ever go anywhere else to buy a new Lexus or any used car for that matter. ”
“ Denise K was the best salesperson ever! Lexus of Toledo is 5 star! Buy your car from Denise! ”
“ Denise Kaminski was the best in assisting me with my first Lexus and my first electric car purchase! Before and after the purchase she has gone above and beyond with assisting me with the new experience of an all electric vehicle. I LOVE the car!!!!! ”
“ Jim was so helpful with the purchase of my new Lexus. From start to finish he made sure everything went smooth and answered all my questions! Thank you Jim, I will be back! ”
“ Purchasing my Lexus RX350 was a great experience. Denise was extremely helpful throughout our purchase. ”
“ Jim is the best sales guy i ever worked with he was 100% straight forward and honest the whole team there worked to get me the best deal possible. Best lexus dealer around by far! ”
“ Great overall! ”
“ Denise is great to work with! Great communicator and very responsive. No issues purchasing my Lexus from her. ”
“ We recently bought a 22 lexus from Jessica at Jim White. We drove nearly 2 hours to purchase the car. It was in great shape and the process to buy was seamless. After a week of owning the car, we discovered the rear cargo door was having trouble working correctly. We took it in to our local dealer at the discovered a minor repair was done on the bumper and it was not installed back correctly causing some of the wires to be pinched or sensors not plugged back in. This was subbed out by Jim white, so they are not to blame for the poor reinstall. Regardless, after contacting them, they promptly agreed to reimburse us for the labor cost to fix these issues. Jessica was great about making this happen in a timely manner and with providing us with updates on the status of the reimbursement. I would provide a 5 star review otherwise, but because of the inconvenience and hassle with not having a car for several days and it not being disclosed that a repair was done at purchase, I believe it merits 4 stars. I would not hesitate, however, to recommend them or to buy from them again in the future. ”
Close
“ I set up an appointment online for a maintenance service, and requested a loaner car. When I arrived to the service area, I was happily greeted and then introduced to my service agent, Mario Palomba. Mario was very polite and professional, as he went over the details of what my service requests would entail. He asked if I had any questions about anything, and provided me a loaner car in which he showed me how to operate and made sure I felt comfortable before I left. Mario kept me informed of everything with my vehicle through text and documents, and I was very appreciative of his work as well as the mechanics who worked on my vehicle. I definitely recommend Mario as well as Lexus of Toledo if you want detailed and professional service! ”