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

Testimonials

Todd Evans
Todd Evans
GOOGLE
7-2-2020
Full Star Full Star Full Star Full Star Full Star

I have worked with Jon Butler on the purchase of several of my vehicles. He is always professional and honest. I could not ask for a better experience.

Kimberly Washington
Kimberly Washington
GOOGLE
7-2-2020
Full Star Full Star Full Star Full Star Full Star
Darryl Boyd
Darryl Boyd
GOOGLE
6-30-2020
Full Star Full Star Full Star Full Star Full Star

I have been going to Lexus of Towson for many years. My current 2020 ES is my 9th Lexus. My wife and I enjoy upgrading our individual vehicles every 2 to 3 years. Gordon Kimble has been my go to guy. He’s an excellent and knowledgeable Sales Consultant who takes wonderful care of us when each time we come to LoT. This is the 6th vehicle we’ve gotten from him. Shout out to Kevin Ferg for working with me to get the deal I wanted on the vehicle I wanted and Cassidy Drummond for making the paperwork an effortless undertaking. All in All, Lexus of Towson is the BEST!!! I highly recommend this establishment! Tell them I sent you!!! I’m Lexus Man for Life!!!

Nakia Horton
Nakia Horton
GOOGLE
6-26-2020
Full Star Full Star Full Star Full Star Full Star

Awesome experience from start to finish. My salesman and I discussed most of the details over the phone. When I arrived my vehicle was waiting for me to test drive. It looked better than the pictures (I knew from first glance that I was driving away with it). The entire dealership process took 2 hours (test drive, paperwork, out the door). Everyone was super helpful, very attentive, but also mindful of COVID restrictions so very respectful of my space. I’m a Lexus girl for life!

Lee Trammell
Lee Trammell
GOOGLE
6-23-2020
Full Star Full Star Full Star Full Star Full Star
Erica Stewart
Erica Stewart
GOOGLE
6-22-2020
Full Star Full Star Full Star Full Star Full Star
Mary Williams
Mary Williams
GOOGLE
6-22-2020
Full Star Full Star Full Star Full Star Full Star
Robert Gable
Robert Gable
GOOGLE
6-18-2020
Full Star Full Star Full Star Full Star Full Star

Great place to buy a car. I have been a customer for 15 years.

Larissa Allen
Larissa Allen
GOOGLE
6-9-2020
Full Star Full Star Full Star Full Star Full Star
dianne mitchell
dianne mitchell
GOOGLE
6-7-2020
Full Star Full Star Full Star Full Star Full Star

A little late on writing my review, but Shawn did such an amazing job of listening to my "wants" in a car and hitting the nail on the head in becoming the NX300. Absolutely love my car and the excellent service he provided. Thanks again for exceptional service and a wonderful car buying experience!

jr de
jr de
GOOGLE
6-4-2020
Full Star Full Star Full Star Full Star Full Star
Arthur Yabut
Arthur Yabut
GOOGLE
5-30-2020
Full Star Full Star Full Star Full Star Full Star
Tana Hicks
Tana Hicks
GOOGLE
5-29-2020
Full Star Full Star Full Star Full Star Full Star

Lexus of Towson was one of the best experiences I have had in purchasing a new car. Mr. Huntley was the best salesman. He was extremely professional, personable and patient. He gave the best customer service that you could receive. The manager and entire staff was very friendly and engaging. Thank you Lexus of Towson. Because of your royal treatment you earned a loyal customer.

Cindy Huemmer
Cindy Huemmer
GOOGLE
5-23-2020
Full Star Full Star Full Star Full Star Full Star

I am highly impressed. From the moment we walked through the door we were treated with the utmost respect. My son just graduated from college. He asked to see a Tesla. They never acted that he was looking at cars out of his price range. Everyone bent over backwards for him. Salesman was Garrett Stoler. He was amazing.

Susan Ford
Susan Ford
GOOGLE
5-20-2020
Full Star Full Star Full Star Full Star Full Star

Very friendly people and very helpful too. I learn things from them that my previous car dealers did not tell me.👍😘

Nichole Weems
Nichole Weems
GOOGLE
5-13-2020
Full Star Full Star Full Star Full Star Full Star
Willene Armstrong
Willene Armstrong
GOOGLE
5-4-2020
Full Star Full Star Full Star Full Star Full Star

Outstanding, Very Professional from beginning to end, Shawn Issac truly a asset to and for this company

Cathy Norton
Cathy Norton
GOOGLE
4-29-2020
Full Star Full Star Full Star Full Star Full Star

Great experience. No hassle, in and out and on my way.

Craig B
Craig B
GOOGLE
4-24-2020
Full Star Full Star Full Star Full Star Full Star

The folks at Lexus of Towson are amazing especially Laurie Vanvoorhis. From the first time we talked, she listened to what I was asking for and responded right away with exactly what I wanted. I could not have been happier. It has been my best experience ever with a car dealership. It was also a pleasure meeting and talking to Soon Kinney. Both of these ladies are a true asset to the dealership. I would highly recommend Lexus of Towson to anyone.

Adam Purcell
Adam Purcell
GOOGLE
4-18-2020
Full Star Full Star Full Star Full Star Full Star
VINCENT JOHNSON
VINCENT JOHNSON
GOOGLE
4-17-2020
Full Star Full Star Full Star Full Star Full Star
Teph
Teph
GOOGLE
4-16-2020
Full Star Full Star Full Star Full Star Full Star

I always receive 5star service at Lexus of Towson.The service manager is hands on and friendly which makes my hour and 15minute drive worth it.Thanks for another great experience!

James Crawford
James Crawford
GOOGLE
4-16-2020
Full Star Full Star Full Star Full Star Full Star
Jaelyn Chase
Jaelyn Chase
GOOGLE
4-15-2020
Full Star Full Star Full Star Full Star Full Star
Jessica Rae
Jessica Rae
GOOGLE
4-14-2020
Full Star Full Star Full Star Full Star Full Star
Sharonda Stokes
Sharonda Stokes
GOOGLE
4-14-2020
Full Star Full Star Full Star Full Star Full Star
Marvin Boykin
Marvin Boykin
GOOGLE
4-11-2020
Full Star Full Star Full Star Full Star Full Star
Kimmie Spence
Kimmie Spence
GOOGLE
4-11-2020
Full Star Full Star Full Star Full Star Full Star

Lexus of Townson is the only place I trust when it comes to maintenance on my 2004 SC430 vehicle. They are the reason why my car performance is excellent. Thank you to the staff in the service department. They are ALWAYS pleasant and welcoming in person and over the phone..

Barry Cook
Barry Cook
GOOGLE
4-10-2020
Full Star Full Star Full Star Full Star Full Star
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