Lease Benefits - LEXUS OF EDMONTON

LEASING BENEFITS

WHY CHOOSE LEXUS LEASING?

Leasing through Lexus of Edmonton offers numerous benefits, including the opportunity to drive a brand-new Lexus with lower monthly payments than financing. With flexible lease terms, you can tailor the agreement to fit your lifestyle, whether you prefer shorter or longer leases. Additionally, Lexus of Edmonton provides the latest models equipped with cutting-edge technology, ensuring a premium driving experience. Maintenance and warranty coverage are often included, giving you peace of mind throughout the lease term. Plus, when your lease ends, you have the option to upgrade to a new Lexus, making it easy to stay at the forefront of luxury and performance.

PAY FOR WHAT YOU USE

PAY FOR WHAT YOU USE

Pick your term from 2-5 years

AT THE END OF THE LEASE

You can Lease or Finance a NEW LEXUS (Qualify for the Loyalty Rate Program).
You can PURCHASE your Lexus - Pay the remainder Lease End Value + Taxes
You can RETURN your Lexus

THE BENEFITS OF LEASING VS FINANCING

Comparison	Financing	Leasing
Monthly Payment	Loan payments are usually HIGHER as you are paying off the entire price of the vehicle along with taxes & interest.	Lease payments are LOWER as you are paying off part of the price of the vehicle. You only pay the vehicle’s depreciation.
Repairs & Maintenance	You spend MORE on repairs and maintenance because you are keeping the vehicle for a LONGER period of time.	You spend LESS on repairs and maintenance because you are keeping the vehicle for a SHORTER period of time.
Mileage	Put as many KM’s as you like on the vehicle	A standard lease allows 24,000 KM’s per year. You can build additional kilometers into your lease.
Vehicle Return	You are responsible for selling or trading the vehicle.	Vehicle is returned to the dealership at the end of the lease.
Depreciation	If the vehicle depreciates because it was unpopular or a problemed vehicle, you incur the depreciation and the loss of value.	If the vehicle depreciates because it was unpopular or a problemed vehicle, LEXUS FINANCIAL SERVICES guarantees the value.
End of Term	When the finance term ends and you have no more payments, you are the owner of the vehicle.	When the lease ends, you either finance or lease a NEW LEXUS, PURCHASE it (for the Lease End Value), or RETURN it.
Ownership	You own it for as long as you want it.	Purchase the vehicle at the end of the lease for the LEASE END VALUE if you wish. You don’t give up the right of ownership.