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

Rachel Schreiber
Rachel Schreiber
GOOGLE
1-18-2020
Full Star Full Star Full Star Full Star Full Star

Vince is an excellent service advisor! I highly recommend him. My car was serviced quickly and the waiting area was very comfortable. Thank you

Rob O'Connor
Rob O'Connor
GOOGLE
1-17-2020
Full Star Full Star Full Star Full Star Full Star
nicole williams
nicole williams
GOOGLE
1-17-2020
Full Star Full Star Full Star Full Star Full Star
ebony hilton
ebony hilton
GOOGLE
1-16-2020
Full Star Full Star Full Star Full Star Full Star
Carlean Rhames
Carlean Rhames
GOOGLE
1-16-2020
Full Star Full Star Full Star Full Star Full Star
Anna Nunes
Anna Nunes
GOOGLE
1-16-2020
Full Star Full Star Full Star Full Star Full Star
Jahangir Khan
Jahangir Khan
GOOGLE
1-15-2020
Full Star Full Star Full Star Full Star Full Star
Nedra Lyons
Nedra Lyons
GOOGLE
1-15-2020
Full Star Full Star Full Star Empty Star Empty Star

My service consultant was very nice however I was in the shop for 4 hours just for a oil change. My consultant advised me that I had a nail in my tire and it needed to be replaced at a cost of $250 without looking into the history of my car and contract and finding that I had the tire coverage so that would be taken care of. This information was relayed to me by my husband and I told my consultant and at that point he discovered that I actually do have that protection and my tired was replaced. Which was another hour.

David Goodwin
David Goodwin
GOOGLE
1-15-2020
Full Star Full Star Full Star Full Star Full Star
Damilola Olusola
Damilola Olusola
GOOGLE
1-14-2020
Full Star Full Star Full Star Full Star Full Star
Shalitha Jackson
Shalitha Jackson
GOOGLE
1-14-2020
Full Star Full Star Full Star Full Star Full Star
Antoinette Turner
Antoinette Turner
GOOGLE
1-7-2020
Full Star Full Star Full Star Full Star Empty Star

My over all experience at this dealership was pretty good. My sales representative was Chris Meghan. I shared with him the type of vehicle I was looking for and when I got to the dealership it was parked out front waiting when me! I was pleased with the outcome.

C P
C P
GOOGLE
1-7-2020
Full Star Full Star Full Star Empty Star Empty Star

This place is a hot mess! The customer service is lacking and they seem disorganized. I would not recommend and wish there was another Lexus dealer closer to my home.

Joey Joey
Joey Joey
GOOGLE
1-3-2020
Full Star Full Star Full Star Full Star Full Star

We have been to different Lexus dealers and did searches for our type of RX350. The only dealer that gave us down to earth honesty was Lexus of Towson. Our sales person was Sherwood Schaffernoth who worked hard with us to find a RX350 with the options we chose. He worked hard to check all availability of the model we were looking for across the country and recommended alternatives which we never would think of. The end was after days of research we decided the RX450H was a perfect fit for us. The car is excellent and drives like a dream. Comfortable and easy to drive. The follow ups from the dealer asking us how everything is going is great.

Dolores Neigh
Dolores Neigh
GOOGLE
1-2-2020
Full Star Full Star Full Star Full Star Full Star
travis
CARGURUS
12-30-2019
Full Star Full Star Full Star Full Star Full Star

Great experience with Dave in sales

AZ Miah
AZ Miah
GOOGLE
12-13-2019
Full Star Full Star Full Star Full Star Full Star

Definitely the best car buying experience I had , our salesman George was the best in business, very respectful, listened to all of our questions & excellently solved everything. In the past eight years I bought 7 cars so far this is the most pleasant experience I had.. that’s why I’m giving them a five stars!! Also.. I like to appreciate that they’ve the most net & clean rest areas I have seen in a luxury dealer.

"My service advisor was Stephan and he was excellent!!!!’n..."

Brickcity Lionezz
DEALERRATER
12-11-2019
Full Star Full Star Full Star Full Star Full Star

My service advisor was Stephan and he was excellent!!!!’n He treated my old Lexus like it was new .. I had on trucking work attire .. In-spite of my look .. He treat this Trucker Queen like a Queen ..

Joby Mathew
Joby Mathew
GOOGLE
12-6-2019
Full Star Full Star Full Star Full Star Full Star

Just got a vehicle from Lexus of Towson and had a great experience. Thank you Josh for making the exploration and decision-making process easy. I have purchased cars from different states in the country in the past but never from a person (Josh) and dealer that pays so much attention to the little things - from the detailing of the car to showroom ready to providing data and answers to questions without pressure of a sale. What a convenience to have a dealer like this near me. Good Car Good Deal Good Dealer

GuruQRZFF
CARGURUS
12-2-2019
Full Star Full Star Full Star Full Star Full Star

I'm going to the dealer today, they have contacted me.several times to see if I was still interested, I am. I compare shop and they did not make me feel pressured. Other dealers are on the trail. Hopefully two hours in and out.

M. Oliver
M. Oliver
GOOGLE
11-20-2019
Full Star Full Star Full Star Full Star Full Star

This is my 3rd RX and the service I received was great. Everyone is friendly and will go out of their way to make sure you are satisfied.

J sith
J sith
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!

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