Lease or Purchase Your New Lexus at Coliseum Lexus of Oakland

Leasing Your Lexus: Embrace the Latest Luxury

What is Leasing?

Leasing a car is similar to renting an apartment instead of buying a condo. When you lease a Lexus, you pay for the right to drive it for a specific period. You make monthly payments based on the vehicle’s expected depreciation during your lease term, plus interest and fees. In the end, you return the vehicle to us and can choose to lease another new model.

Leasing Benefits

Oakland drivers choosing Lexus lease deals benefit from amazing flexibility. The main benefit of leasing is the lack of a long-term commitment. You sign a contract for a set number of months, usually between 24 and 48, making it perfect for people who don’t want to commit long-term.

That means in just a few years, you can try multiple models and opt for newer, more advanced vehicles with better features. Leasing a car also comes with lower monthly payments compared to buying outright.

Another major benefit is the ability to avoid the hassle and cost of maintenance and repairs. Most lease agreements include Lexus warranty coverage that includes regular maintenance, and some even include roadside assistance, saving you money in the long run.

Ideal for Customers Who:

There are certain types of drivers who benefit most from leasing their Lexus:

• Frequent Upgraders: Leasing is a great option for those who like to upgrade their vehicle every few years. It allows them to always drive a new car without having to worry about selling or trading in their current one.
• Low-Mileage Drivers: If you don’t drive very often, leasing can be a cost-effective option, as most lease agreements have mileage limits. If you stay within the allotted miles, you could save money compared to buying a car.
• Business Owners: For business owners who need company vehicles, leasing can be a smart financial decision. Payments can be written off as a business expense, reducing the overall cost of the lease.

Explore Lexus lease specials at Oakland’s premier dealership and discover how easy it can be to drive away in your dream luxury vehicle!

Purchasing Your Lexus: Investment in Excellence

What is Financing/Purchasing?

Let’s start by understanding your Lexus financing options. Purchasing means you either pay for your Lexus in one lump sum or, more commonly, finance it through monthly payments until you own it completely. After your loan term ends – typically 36 to 72 months – the Lexus belongs to you with no restrictions.

Purchasing Benefits

Of course, the primary benefit of purchasing is ownership. Once you buy the car, it’s officially yours. You can do whatever you want to it, including certain modifications that might not be possible when leasing.

Once your Lexus is completely paid off, there are no more monthly payments. You can also sell it or trade it in whenever you want. In other words, it becomes an asset you can add to your net worth. And Lexus vehicles hold their value quite well.

Another advantage of purchasing is that there are no mileage restrictions or penalties for wear and tear. You can drive as much as you want without worrying about extra charges at the end of a lease term.

It’s important to know that one option is not necessarily better than the other. For example, The new Lexus TX 550h+ offers exceptional value whether you lease or buy. But these are just some of the benefits of buying your Lexus TX 550h+, Lexus GX, or any other vehicle.

Ideal for Customers Who

Certain drivers will find buying their Lexus is the perfect route:

• Long-Term Keepers: If you tend to keep your vehicles for many years, purchasing makes more financial sense. After your loan is paid off, you’ll enjoy years of payment-free driving.
• High-Mileage Drivers: For those who drive more than 15,000 miles annually, buying eliminates the worry of mileage penalties that come with most lease agreements.
• Customization Enthusiasts: Owners who love personalizing their vehicles will appreciate the freedom to modify their Lexus exactly to their tastes without lease restrictions.