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Should I Rent or Buy My Vehicle?

Shopping for a new car can be overwhelming. At Lexus Laval, we understand that all too well. And when it comes to deciding between leasing or financing a vehicle, many people don’t know where to start. Here are a few things to keep in mind in order to help you make a decision between leasing and financing your new Lexus vehicle!

For those who want the most for their money, and enjoy the flexibility of changing vehicles often, leasing is a great option.

When you choose to lease a vehicle, it means that you don’t own it. Therefore, there can be some restrictions on kilometres/mileage, and you can be liable for any damages done to the vehicle at the end of your lease term. So, if you plan on making frequent long trips or modifying your vehicle, leasing may not be the best option for you. That being said, leasing is the more affordable option, and usually ensures that you’re always covered by a warranty.

For those who want full control over their new vehicle, financing is the way to go.

Financing your next vehicle allows more freedom in terms of modifications or customization done to the vehicle. For tinkerers and those who wish to maintain their vehicle themselves, financing is a no-brainer. Also, there are no restrictions on mileage and you are investing your money as a vehicle owner.

Although Lexus Laval offers excellent terms, prices and protections for both options, it is important as a consumer to understand your needs, first and foremost, in order to select what is best for you, your budget, and your lifestyle. To learn more about financing or leasing your next vehicle, contact us today at Lexus Laval.

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1 844 749-6049