Looking to add uncompromising luxury and thrilling driving performance to your daily driving experience? Then you should look into a Lexus lease. Our team here at Tom Wood Lexus will help you find the perfect new Lexus car for you and we’ll also answer any questions you may have about the shopping process.
Frequently Asked Questions About Lexus Leases
Q: What is a lease?
A: Starting out with the most essential question, leasing allows you to make monthly payments in order to drive a brand-new car for a set period of time. As opposed to buying, you aren’t responsible for the full purchase price when you lease a Lexus car.
Q: Is leasing cheaper?
A: Leasing is a great option for luxury motorists who don’t want to commit to the full price of a new car. Both the down payment and monthly payments are lower compared to financing a purchase.
Q: How long does a lease last?
A: Lease agreements vary, but the typical lease agreement is 36 months long.
Q: Are there any hidden fees with a lease?
A: When you sign a lease agreement, everything will be clearly explained you. Many leases include additional charges if you surpass your mileage limit or return the vehicle with damage or unapproved modifications.
Q: What do I do at the end of a lease?
A: Ending your lease is pretty straightforward. You can turn in your lease at any authorized Lexus dealership, sign your lease-end payments, and head on your way. You may also decide it’s time to buy or that you want to sign another lease.
Contact our Indianapolis Lexus dealership today to learn more about Lexus financing.
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