Should I Buy or Lease?

So, you’ve found the perfect Lexus driving option and are ready to take the keys home. The next step in the automotive acquisition process is to decide whether you would like to buy or lease your next ride. We at Pohanka Lexus are here to give you a crash course of each option, so you there isn’t any gray area when you are ready to make your decision. Before you start, make sure to check out our incentives and specials to apply toward your new contract. 

Inventory

If you haven't already, you must find a ride that you would like to pair an agreement with. We have a vast amount of Lexus models in stock, and these can all be accessed by clicking on the New dropdown at the top of your screen. If a family-size option is calling your name to fulfill your wanderlust, then the GX 460 or NX 300 will satisfy your needs. Both of these models come equipped with updated safety systems and plenty of cargo space to include your luggage. Or, if you are interested in a blend of peak luxury and efficiency, then the ES 350 or IS 300 are sure to fuel your adventurous spirit. We even provide the opportunity to build your dream ride by using the Narrow Your Search tool on our inventory screen to input your list of must-haves!

Financing

Buying the vehicle for its sticker price is the traditional way to secure your automobile. This process consists of splitting up the full cost over a period of time that fits your budget. Then, you will slowly make manageable payments over that course to gain full ownership once you make your final contribution. So, if you want to see a return on your investment, then this is the choice for you. Plus, you will be able to hand the keys over to your teen when they start driving and you are ready for an upgrade! To see which vehicles fulfill your restrictions, enter your down payment and the auto’s price into the Payment Calculator. After that, you can get started on the loan process by filling out the online 30-Second Pre-Approval form. 

Leasing

If sticking to one vehicle for an extended period of time doesn't sound ideal, then you will definitely want to consider a leasing contract. That is because this avenue allows you to borrow the Lexus from us for an average of three years. Since you won’t be paying to own, you will also be able to save some cash by only covering the model’s depreciation. With this extra money lining your pockets, you will have the ability to spring for technology and safety upgrades, more exterior features, and higher trim levels! Many drivers also use these agreements to decide if they want to keep their Lexus permanently. This is definitely a possibility, because we will ask you if you want to finance the remainder at the end of your term!

Should I buy or lease? Both of these options boast their own benefits, and your decision is determined by which agreement adheres to your interests. Get started with our Finance Department at Pohanka Lexus today!