Signing a Lexus lease and driving off the lot of Lexus of Valencia in a new car is a great way to experience a luxurious vehicle without the long-term commitment of buying. However, there are some myths about car leases that continue to persist. The professionals at our Lexus finance department are happy to debunk five of the top lease myths so that you can have a worry-free lease experience.
Leasing is More Expensive Than Buying
While particulars can vary, leasing often involves lower monthly payments than buying. Also, leasing requires a smaller down payment and lower overall costs, as you primarily pay for the vehicle’s depreciation during the lease term.
Lease-End Fees are High
While excessive wear and tear can result in extra charges, maintaining your leased Lexus car well can eliminate these fees. Be sure to get regular maintenance and practice responsible driving during your lease term.
Leasing Offers No Flexibility
Lexus leases offer more flexibility than some assume. You can always terminate your lease early, and at the end of the lease, you have multiple options, including returning the leased vehicle, purchasing the leased vehicle, and leasing a new car.
You Can’t Customize a Leased Vehicle
Personalization is still possible when you lease a Lexus car, provided you use OEM-certified parts and accessories installed at a dealership. You can add accessories from Lexus of Valencia, and our dealers can help you explore customization options.
Mileage Limits are Restrictive
While leases include yearly mileage restrictions, they can be customized to fit your needs. Be sure to accurately estimate your annual mileage to avoid fees at the end of your lease.
Lease a Lexus Car in Valencia, CA
Now that you know many of the myths surrounding Lexus leases are false, explore our new Lexus models here at Lexus of Valencia. Whether leasing or buying is the right option, our friendly Lexus dealers are ready to help you find a model that works for your needs!
