Leasing vs. Purchasing
Differences Between Leasing and Purchasing a Vehicle
At Lexus of Montgomery, we understand that determining whether to buy or lease a vehicle is a big decision. Many patrons don’t have all the details when it comes to understanding the difference between the two, so we want to ensure you have all the information you need before making your choice. When you choose to purchase a vehicle, you own it outright, while leasing a vehicle is sort of like renting it for a while. There are definite perks to both, so read more about the benefits of leasing versus buying to make the most informed decision possible.
Benefits of Leasing with Lexus of Montgomery
When you lease a vehicle, you get to drive newer models at lower monthly payments. You also get the benefit of lower maintenance costs since major repairs are mostly covered under the vehicle’s warranty. When you’re ready for something different, you don’t have to worry about selling or trading. Just bring it in and choose what you want to drive next! There will be mileage limits and other stipulations, but contracts are often flexible, and you can find what best fits your lifestyle. If you like driving the newest vehicles on the market or want to avoid the potential hassle of resale, leasing could be a great option.
Benefits of Purchasing with Lexus of Montgomery
When you purchase a vehicle, it is yours. There are no mileage limits or contracts to worry about. Your monthly payments will likely be higher, but once you’ve paid the vehicle off, you’ll get to save money in your monthly budget. Owning a vehicle also means you get to customize it however you want, and when you’re ready for something new, sell or trade in your vehicle to maximize your next purchase. If you plan to keep the vehicle for many years to come or want to avoid contract limitations, purchasing is the right choice for you.
Lease or Purchase with Lexus of Montgomery
We are here to answer any other questions you have about leasing versus purchasing your next vehicle. When you’re ready to make a decision, we will be here every step of the way. Our friendly, knowledgeable salespeople are ready to help you find and finance your next car, truck, or SUV. No matter what you decide is best to fit your lifestyle, we’ll find you the perfect vehicle to lease or buy.
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Shop New and Used Inventory with Lexus of Montgomery
Lexus of Montgomery has an expansive inventory of high-quality new and used vehicles for your choosing. We specialize in Lexus models, but our stock doesn’t end there. Browse options from a wide variety of popular brands to find the right vehicle at the right price. Stop by the dealership or browse online to start your journey to a new ride. Contact us today for all your purchasing and leasing needs!
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