Whether you want to drive the latest Lexus models each year or want less commitment with your financing plan, a Lexus lease is a great way to get behind the wheel. If you are considering a lease at Keyes Lexus, don’t be fooled by these common myths.
Myth #1: Leasing Is Only for Businesses
While leasing cars for your business can qualify you for tax deductions, that’s not the only reason to lease. Many drivers lease their vehicles because it allows them to drive the latest models without the hassle of resale or the losses incurred by depreciation. Leasing is also an excellent way for those with good credit to get lower monthly payments with a lower up-front investment.
Myth #2: You Can’t End a Lease Early
There are ways to end a lease early, with paying the early termination fee being the simplest. You can also find someone to take over the rest of the lease for you, which, thanks to the Internet, is easier to do than ever. Some leases may even let you do a lease buyout, giving you the chance to buy your leased car outright instead of finishing the lease.
Myth #3: You Can Only Lease New Cars
People often assume leases are only available on new cars, but select pre-owned Lexus vehicles are eligible for leases, too. Similar to purchasing a pre-owned car, leasing a used car is more affordable than financing, and still gives you a lease’s amazing flexibility. Ask your dealer about leasing one of our L/Certified by Lexus models, giving you a like-new drive with fewer strings attached.
Apply for a Lexus Lease in Van Nuys, CA
Leasing is a great way to get behind the wheel of the latest, most exciting Lexus models. Visit us at Keyes Lexus, your Van Nuys Lexus dealership, for a test drive. Once you’ve finished, talk to our team about applying for a Lexus lease today!