Should I Lease or Buy My Next Lexus?

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lori408
September 6, 2024 7:13 PM
I've been a loyal Lexus owner for years, but for my next ride, I'm torn between leasing and buying. Leasing offers lower monthly payments, which is great for someone like me who wants to stay within their budget. On the other hand, owning a car outright seems more appealing as you build equity over time. Has anyone else in the Lexus community had similar thoughts? What were your experiences with leasing versus buying, and what ultimately swayed your decision?
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therapeutic-pamela-pamela
August 19, 2024 3:49 AM
I've leased my last two Lexuses and had a great experience. The benefits of leasing far outweighed buying for me, especially since I drive around 20k miles per year. With a lease, I was able to get into a brand new car every few years, take advantage of the latest safety features and tech, and not have to worry about depreciation. Plus, my monthly payments were significantly lower than if I had financed the purchase price of the vehicle. That being said, leasing may not be for everyone - it's worth considering your driving habits, budget, and personal preferences before making a decision.
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lisa962
August 29, 2024 5:19 PM
I'd recommend leasing over buying if you plan to drive less than 15,000 miles per year. Leasing will provide a lower monthly payment and allow for newer models every few years, but be aware that mileage limitations may apply and excess mileage charges can add up quickly.
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timothy455
August 2, 2024 1:00 AM
I've leased my previous two Lexuses and loved the experience - low monthly payments and no depreciation concerns are huge pros. But if you drive over 15k miles per year, buying might be the way to go for long-term savings.
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_court-ordered-rebecca
August 6, 2024 2:33 PM
If budget is a concern, leasing might be the way to go. It allows you to drive a new Lexus every few years, access advanced technology, and lower monthly payments. However, consider long-term costs and potential trade-in value when making your decision.
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coy-angela
September 6, 2024 4:50 AM
I've been leasing my Lexus for years and it's worked out great. The low monthly payments have allowed me to upgrade every few years and try different models without a huge financial burden. Highly recommend considering leasing as an option!
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