Lexus of Towson

Buy vs Lease near Baltimore, MD

Buy vs Lease near Baltimore, MD

We'll Help You Crunch the Numbers!

The decision whether to buy or to lease isn’t always an easy one! You might be an experienced customer and still have some trouble choosing, but if you’re new to the automotive scene, you almost certainly could be having trouble wrapping your head around these different financing routes. That’s why today, our team at Lexus of Towson wants to do everything we can to aid you in understanding these options. After learning a bit more, you can feel free to contact us at 410-847-7175.

Should I Buy?

There’s a reason why the majority of drivers out there choose to purchase their vehicle. Buying is a great long-term investment. After paying off your vehicle—either all at once or through a financing plan—you have no required payments aside from what it takes to maintain your vehicle. Although this option requires the most scrimping and saving, it gives you the most bang for your buck compared to leasing. It’s also important to note that you’ll have the ability to purchase any vehicle of your choosing that’s up for sale. Of course, buying’s positives could also be negative to some, if you’re not interested in keeping the same vehicle for an extended period of time.

Should I Lease?

Leasing programs save you money month by month when you compare them to financing a purchase. That’s because you’ll only rarely be responsible for a down payment and won’t have to pay off the entire sticker price. Instead, you’ll only have to submit money for the amount that your model depreciates while it remains in your care. This eventually ends, however, since all leasing plans are temporary by nature. So, leasing is excellent for drivers who want to get a taste of a new model, or only need a vehicle for a shorter period, but isn’t a great budgetary option if you use it as a long-term method of keeping an automobile. If things are still a bit unclear, join us at Lexus of Towson to ask any questions you might have.

Our Team

Our staff is comprised of automotive and financial experts who will assist you in making the best call for your specific situation. Whenever you wish, we’ll sit down with you for a one-on-one consultation in which we’ll take a look at your credit score, income, and automotive preferences before giving you our experienced advice. Hopefully, our guidance will give you a push in the right direction! After that, we’re more than willing to help you complete whatever paperwork might be necessary for you to start the plan you’ve settled upon.

If you’re still wondering whether to buy vs lease near Baltimore, MD, then enlist our assistance here at Lexus of Towson. To hear what our previous customers have said, take a look at their glowing testimonials!


Contact Information


Sales Hours

410-769-9400
Monday 9:00 am - 9:00 pm
Tuesday 9:00 am - 9:00 pm
Wednesday 9:00 am - 9:00 pm
Thursday 9:00 am - 9:00 pm
Friday 9:00 am - 9:00 pm
Saturday 9:00 am - 5:00 pm
Sunday Closed

Testimonials

Jul smith
Jul smith
GOOGLE
10-27-2019
Full Star Full Star Full Star Full Star Full Star

Gordon was absolutely amazing. He was very professional, knowledgeable, understanding, and A pleasure to work with. He made sure he did everything in his power to make us happy with our first lexus purchase. Would highly recommend him and this dealership to everyone. If I could give them 10 stars I would.

Justin
Justin
GOOGLE
10-22-2019
Full Star Full Star Full Star Full Star Full Star

Great Service! And free snacks :)

"Very responsive and courteous salesman. Sherwood..."

Coolguy
DEALERRATER
10-3-2019
Full Star Full Star Full Star Full Star Full Star

Very responsive and courteous salesman. Sherwood Schaffernoth followed up all my requests quickly. He answered all my questions satisfactorily. He offered me to call him, if I have any question.

Helena Busick
Helena Busick
GOOGLE
9-30-2019
Full Star Full Star Full Star Full Star Full Star

George Zicopoulos was a wonderful sales person we felt he was excellent in giving us as much information about the car an ask us to call or come in for assistance and we may need it thank Michael for his assistance also. I would refer them to any of our friends.

Daniel Sine
Daniel Sine
GOOGLE
9-18-2019
Full Star Full Star Full Star Full Star Full Star

Mike Shuman and Dianne Saunders provided me with superior service. I flew from SC to buy my car from Lexus of Towson.

Mona Barr
Mona Barr
GOOGLE
9-5-2019
Full Star Full Star Full Star Full Star Full Star

I was pleased with the excellent service, friendliness and knowledge of our sales person, Jonathan Butler. He listened to our wants and needs. He didn't badger us when we needed time. He knew the car was for me and spoke to me not just to my husband which many sales people do. I highly recommend the dealership and Jon!

Ali Khayyer
Ali Khayyer
GOOGLE
9-5-2019
Full Star Full Star Full Star Full Star Full Star

Great buying experience. Sherwood was excellent. He made the process very smooth. Gave us a great deal on the new car. The car is excellent and we could not be happier. We will definitely be back to buy our next car from him.

Thomas Hinton
Thomas Hinton
GOOGLE
8-27-2019
Full Star Full Star Full Star Full Star Full Star

We had patient and experienced salesman in Ben Atta Peters. He showed us several cars before we settled on the car that met our requirements. He was very knowledgeable about Lexus. The sales process was straightforward and the finance person was likewise thorough and the process was good. We like the car we got. Thank you.

Jack Chamberlain
Jack Chamberlain
GOOGLE
8-27-2019
Full Star Full Star Full Star Full Star Full Star

Tremendous experience with Sherwood Schaffernoth as our sales representative. In one meeting we handled all outstanding issues and my wife drove off in her 2019 GX 460. The entire team at Lexus of Towson was first class!

Gino
CARGURUS
8-10-2019
Full Star Full Star Full Star Full Star Full Star

Great customer service and experience

Huyen
CARGURUS
7-28-2019
Full Star Full Star Full Star Full Star Full Star

Ben and Diane were very pleasant to work with!

John Vaughters
John Vaughters
GOOGLE
7-26-2019
Full Star Full Star Full Star Full Star Full Star

can i with things I needed and ALMOST ALL of those things were met. BENEDICT ATTA-PETERS was very helpful and patient

Kristy
CARGURUS
7-21-2019
Full Star Full Star Full Star Full Star Full Star

Very pleased with the service we received.

huggiebear500
CARGURUS
7-7-2019
Full Star Full Star Full Star Full Star Full Star

Good experience

La'Cheryl White
La'Cheryl White
GOOGLE
7-2-2019
Full Star Full Star Full Star Full Star Empty Star

Experience was good and fast.

sal
sal
GOOGLE
6-24-2019
Full Star Full Star Full Star Full Star Full Star
Brenda
CARGURUS
6-18-2019
Full Star Full Star Full Star Full Star Full Star

Salesman was great. Will check back when back in Maryland

Dave
CARGURUS
6-18-2019
Full Star Full Star Full Star Full Star Full Star

They were very helpful, provided all the information I needed, and gave me a firm offer for my trade after I sent pictures and details.

Fiorella Herrera
Fiorella Herrera
GOOGLE
6-9-2019
Full Star Full Star Full Star Full Star Empty Star

Service was great when I leased my vehicle. However, it was lacking when I picked my vehicle up.

richard givens
richard givens
GOOGLE
6-4-2019
Full Star Full Star Full Star Full Star Full Star

This will be my third car purchased from Lexus of Towson and Shawn Issac has been my sales person each time. He has always been a consummate professional in my dealings with him, and is very knowledgeable about the vehicles he sells. He goes out of his way to find exactly what you want in your vehicle choice, which is why I'm a returning customer.

Ebru Yucel
Ebru Yucel
GOOGLE
5-23-2019
Full Star Full Star Full Star Full Star Full Star

Wow, what an inspiringly pain-free experience. Cassidy Drummond is the best sales representative I have ever had the pleasure of working with. I came to Lexus of Towson after having mediocre (at best) experiences at other Lexus dealerships, one of which I leased my 2016 NX at. When it came time to turn in the vehicle, I decided to give Towson a shot given that my father has also had great experiences here. Cassidy laid out my options, didn't put pressure on me at all, and answered every question I had. He truly worked with me and did his best to offer the best deal possible. I left with a 2019 NX because of that sense of comfort that he provided; I am extremely grateful to have worked with him and plan to continue doing business with this dealership, as well as sending family and friends here. Fast forward to my 5K service. I had the pleasure of working with Chelsea Django. She was extremely sensitive to the limits of my schedule and provided service that absolutely surpassed my expectations. She is extremely knowledgable and straightforward. My SOS light was constantly red, which is understandably concerning for a brand new car, but she eased my tension with a thorough explanation and plans moving forward. Thank you to the Lexus of Towson team for always providing exceptional service with a friendly presentation! Looking forward to my next service!

Shanica Boyd
Shanica Boyd
GOOGLE
5-23-2019
Full Star Full Star Full Star Full Star Full Star

The entire process was smooth from start to finish. Sales rep Laura VanVoorhis was amazing and ensured my experience was nothing less than exceptional. She ensured that I had all the information needed to be comfortable with my purchase and took extra time to show me all the lovely features of my new car. Definitely will be returning in the future!

Xueying Wang
Xueying Wang
GOOGLE
5-23-2019
Full Star Full Star Full Star Full Star Full Star

Mr. Jonathan Butler is our sale person. He is very honest and considerate. We had a great experience purchasing a Lexus from him. He is knowledgeable and helpful.

Exceptional service!

EbruYucel
EDMUNDS
5-19-2019
Full Star Full Star Full Star Full Star Full Star

Wow, what an inspiringly pain-free experience. Cassidy Drummond is the best sales representative I have ever had the pleasure of working with. I came to Lexus of Towson after having mediocre (at best) experiences at other Lexus dealerships, one of which I leased my 2016 NX at. When it came time to turn in the vehicle, I decided to give Towson a shot given that my father has also had great experiences here. Cassidy laid out my options, didn't put pressure on me at all, and answered every question I had. He truly worked with me and did his best to offer the best deal possible. I left with a 2019 NX because of that sense of comfort that he provided; I am extremely grateful to have worked with him and plan to continue doing business with this dealership, as well as sending family and friends here. Fast forward to my 5K service. I had the pleasure of working with Chelsea Django. She was extremely sensitive to the limits of my schedule and provided service that absolutely surpassed my expectations. She is extremely knowledgable and straightforward. My SOS light was constantly red, which is understandably concerning for a brand new car, but she eased my tension with a thorough explanation and plans moving forward. Thank you to the Lexus of Towson team for always providing exceptional service with a friendly presentation! I don't know what the leadership here is doing, but its working! Looking forward to my next service!

"Exceptional service!"

ebruyucel
DEALERRATER
5-19-2019
Full Star Full Star Full Star Full Star Full Star

Wow, what an inspiringly pain-free experience. Cassidy Drummond is the best sales representative I have ever had the pleasure of working with. I came to Lexus of Towson after having mediocre (at best) experiences at other Lexus dealerships, one of which I leased my 2016 NX at. When it came time to turn in the vehicle, I decided to give Towson a shot given that my father has also had great experiences here. Cassidy laid out my options, didn't put pressure on me at all, and answered every question I had. He truly worked with me and did his best to offer the best deal possible. I left with a 2019 NX because of that sense of comfort that he provided; I am extremely grateful to have worked with him and plan to continue doing business with this dealership, as well as sending family and friends here. Fast forward to my 5K service. I had the pleasure of working with Chelsea Django. She was extremely sensitive to the limits of my schedule and provided service that absolutely surpassed my expectations. She is extremely knowledgable and straightforward. My SOS light was constantly red, which is understandably concerning for a brand new car, but she eased my tension with a thorough explanation and plans moving forward. Thank you to the Lexus of Towson team for always providing exceptional service with a friendly presentation! I don't know what the leadership here is doing, but its working! Looking forward to my next service!

Exceptional Service!

Ebru Yucel
CARS
5-19-2019
Full Star Full Star Full Star Full Star Full Star

Wow, what an inspiringly pain-free experience. Cassidy Drummond is the best sales representative I have ever had the pleasure of working with. I came to Lexus of Towson after having mediocre (at best) experiences at other Lexus dealerships, one of which I leased my 2016 NX at. When it came time to turn in the vehicle, I decided to give Towson a shot given that my father has also had great experiences here. Cassidy laid out my options, didn't put pressure on me at all, and answered every question I had. He truly worked with me and did his best to offer the best deal possible. I left with a 2019 NX because of that sense of comfort that he provided; I am extremely grateful to have worked with him and plan to continue doing business with this dealership, as well as sending family and friends here. Fast forward to my 5K service. I had the pleasure of working with Chelsea Django. She was extremely sensitive to the limits of my schedule and provided service that absolutely surpassed my expectations. She is extremely knowledgable and straightforward. My SOS light was constantly red, which is understandably concerning for a brand new car, but she eased my tension with a thorough explanation and plans moving forward. Thank you to the Lexus of Towson team for always providing exceptional service with a friendly presentation! I don't know what the leadership here is doing, but its working! Looking forward to my next service!

Tyrone S.
Tyrone S.
GOOGLE
5-16-2019
Full Star Full Star Full Star Full Star Full Star

Amazing sales team with top notch customer service , I'm definitely happy with my new LS460 .Thanks again George Z. (Sales Rep)

Christopher Wong
Christopher Wong
GOOGLE
5-16-2019
Full Star Full Star Full Star Full Star Full Star

Great Service

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