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Buy vs Lease near Long Island, NY

Buy vs Lease near Long Island, NY

Come and Talk with Our Finance Department!

Dealership Information

If you’ve been wondering what distinguishes buying from leasing a new vehicle, we understand! Here at Legend Auto Group, our Finance Department is happy to help you determine which option is right for your needs, so take a look at our brief overview below and then stop by to see in person! 

How is Leasing Different from Buying?

In order to buy a new car you either pay the full sticker price upfront or take a loan for a set period of time. You may also use a vehicle you currently own as a trade-in, deducting its value from the sticker price and then covering the rest using one of the methods mentioned above. When it comes to leasing, you are not being charged based on the vehicle's current value alone, but rather the difference between the sticker price and what it will be worth at the end of the lease. This is also known as the depreciation value. Of course, you’ll still have interest and fees, but in general your monthly payments will be smaller with leasing than if you were to take out a loan and buy it. In certain cases, you’ll be looking at only paying a third of what you would be with buying that vehicle brand new. 

Factors to Consider

When considering which avenue to pursue, it helps to research depreciation value trends for the vehicle you are interested in. There are variances in different makes and models, but you can get a general idea as to whether or not the vehicle will lose its value greatly over the course of a lease, which is typically three years. Another factor to consider is maintenance. Since the expectation is that you are only going to be driving a leased vehicle for a few years, you won’t need to worry about replacing the battery, getting new tires, or having to deal with aging mechanical parts. However, when you lease, you are essentially borrowing the vehicle from the dealership, and that does come with certain restrictions, including mileage. In the short run, leasing is usually cheaper than buying, but you won't have a car once the contact is over. 

Your Lifestyle

The real test is to think about your lifestyle. If money isn’t the only factor, consider what you are really looking for in your new vehicle. Have you been carefully considering your options and see yourself behind the wheel of the same car for an extended period of time? Or are you the kind of person who wants to keep their options open and likes to have the latest technology features? These end goals, along with the amount of driving you do in an average year, can help guide your path. 

We hope that you feel more confident in buy vs lease near Long Island, NY. Explore all the wonderful vehicles we have today by visiting Legend Auto Group

 

Contact Information


Audi Sales Hours

844-534-3632

Testimonials

Professional, expedient service

Grateful customer
CARS
3-13-2020
Full Star Full Star Full Star Full Star Full Star

Joe Bernardo at Legend Auto Group provides professional, expedient service and makes the customer feel comfortable. Thank you Joe and all at Legend Auto Group!

Cayenne Diesel Software Update

Dana
CARS
2-23-2020
Full Star Full Star Full Star Full Star Full Star

It was very easy to schedule a service visit for the software update. They updated the software and washed my Cayenne while I waited. All told, the entire process took just under two hours to complete. I am very satisfied with the service performed.

Ciara Scarcelli
Ciara Scarcelli
GOOGLE
2-23-2020
Full Star Full Star Full Star Full Star Full Star

I bought a 2019 rav4 the other day and I could not be happier! My salesman Tony was awesome, he really helped me through this entire process and he was very patient and kind. He was so friendly and that made this whole process so much easier. Also, manager Dan was very helpful and straight forward about everything. I highly recommend team toyota for buying a new or used car. Definitely ask for Tony when you go, he is the best!

Jake D.
YELP
2-18-2020
Full Star Full Star Full Star Full Star Full Star

Giovanni and Cathy at the service desk are complete professionals. They seems to be organized and sincerely devoted to their job. Their professionalism is over the top. Everytime I go to have my care serviced they takes time out to make sure I am completly satisfied. Thank you Giovanni and Cathy for making VW a better place.

Great Service and Follow Up

G Hussey
CARS
1-28-2020
Full Star Full Star Full Star Full Star Full Star

Everyone at Legend from sales to service is outstanding. It really feels like they are family and genuinely go out of their way to make every visit a positive experience.

NO BS STRAIGHT UP dealership

GLI22
CARS
1-26-2020
Full Star Full Star Full Star Full Star Full Star

Legend VW great place to purchase a car IF you want to be in and out. Literally took 20-25 minutes for me to decide on a purchase. Gasper and Sam were very professional and helpful. They are not looking to waste your time here. Ive done my research with other local dealers around the area, Legend vw pricing tough to beat, and very fair. Thanks

Jason Wolf
Jason Wolf
GOOGLE
1-23-2020
Full Star Full Star Full Star Full Star Empty Star

Good service and honest pricing.

Imran Trimzi
Imran Trimzi
GOOGLE
12-23-2019
Full Star Full Star Full Star Full Star Full Star

I would like to thank very professional service manager Mr. Justin and his team to make things right for me! Mistakes happen but they make sure to fix the problem and provide a follow up plan. I am very happy with the excellent customers service. I would highly recommended sales and service department at Team Toyota of Glen Mills.

Holly Cunningham
Holly Cunningham
GOOGLE
12-23-2019
Full Star Full Star Full Star Full Star Full Star

My experience from purchase to service has been stellar. I've purchased several cars and I have to say, this has been the most professional and accommodating dealership I have ever purchased a vehicle from. I'd like to give a shout out to Joe Krupiak, Service Manager and Randy. They couldn't be more helpful and accommodating. If I purchase another vehicle, Team Toyota will be where I purchase my next vehicle. *******

H Alganis
H Alganis
GOOGLE
12-23-2019
Full Star Full Star Full Star Full Star Full Star

I did not buy my Toyota from here. I come for service only. I get both of my vehicles serviced here, (Prius and Sienna). They have a nice waiting room with big TV, not sure if they still have the Quiet reading room. There's hot beverages machine. Service and repair prices are the same as most dealerships, but there are a lot of coupons to save with. It is OK to decline any extra work they try to up-sell you, just say "No thanks" or "May be next time". Shuttle service is very convenient. They put me in a free loaner vehicle when my car was not ready on time and needed an extra time to work. Service advisers and their manager are all super nice.

Baird Brinker
Baird Brinker
GOOGLE
11-23-2019
Full Star Full Star Full Star Full Star Full Star
John Parker
John Parker
GOOGLE
11-23-2019
Full Star Full Star Full Star Full Star Full Star
Todd Miller
Todd Miller
GOOGLE
11-23-2019
Full Star Full Star Full Star Full Star Empty Star

Should be a 3.5 out of 5. Bought my third used car from Team Glen Mills in three years. I’ve always appreciated the good prices and the nature of the salespeople at the used lot. What soured me a little bit is when they promised me a $50.00 gift certificate for taking a test drive, but never delivered. I texted the salesperson twice and even stopped by and spoke to the sales manager in person. All three times they promised me it’d be in the email. It has been three weeks, yet nothing. The sales experience was good, and I’d buy from them again if the price was right, but I’d be wary of any promotions or promises they make. Update - the customer service representative reached out to me and made things correct. There was a fine print rule that no one communicated with me (no more than 1 gift certificate in 24 month). This should have been communicated at first, and did not require all my attempts to resolve this. Updated to 4 stars.

D W
D W
GOOGLE
11-23-2019
Full Star Full Star Full Star Full Star Full Star
Dinesh Tewari
Dinesh Tewari
GOOGLE
11-23-2019
Full Star Full Star Full Star Full Star Full Star

Highly Recommend Team Toyota of Glen Mills. Manager Rick Chila Jr and John Buckley in sales made very hassle free comfortable leasing and gave me one of the best lease on 2019 RAV4 Lease. God Bless. A++++++++

Ashley Wallace
Ashley Wallace
GOOGLE
10-23-2019
Full Star Full Star Full Star Full Star Full Star
EVELYN NICHOLAS
EVELYN NICHOLAS
GOOGLE
10-23-2019
Full Star Full Star Full Star Full Star Full Star

My experience was efficient and great at Team Toyota. Yeah!

Richard Daciw
Richard Daciw
GOOGLE
10-23-2019
Full Star Full Star Full Star Full Star Full Star
Christopher Wells
Christopher Wells
GOOGLE
10-23-2019
Full Star Full Star Full Star Full Star Full Star
Gary Schall
Gary Schall
GOOGLE
10-23-2019
Full Star Full Star Full Star Full Star Full Star

Awesome dealership. Clean, quick, and professional. Excellent service waiting room.

Donna Hayward
Donna Hayward
GOOGLE
10-23-2019
Full Star Full Star Full Star Full Star Full Star

Even though it ended up being a major expense, I feel I was well taken care of and that my safety was their prime concern. I am very happy to have picked them for my away from home srevice needs.

Pedro Cordova
Pedro Cordova
GOOGLE
10-23-2019
Full Star Full Star Full Star Full Star Full Star
Jay Powell
Jay Powell
GOOGLE
10-23-2019
Full Star Full Star Full Star Empty Star Empty Star
Demba Camara
Demba Camara
GOOGLE
10-23-2019
Full Star Full Star Full Star Full Star Full Star

EXCELLENT PLACE TO BUY A USED OR NEW CAR WITH PEACE OF MIND. MY SPECIAL THANKS TO MR LEE PHILLIPS FOR HIS EXCELLENT JOB. I RECOMMEND THIS PLACE FOR EVERYONE. I LL BE BACK THERE SOON FOR MY FIRST MAINTENANCE SERCICE. THANKS

Aaloong Lau
Aaloong Lau
GOOGLE
9-23-2019
Full Star Full Star Full Star Empty Star Empty Star

(Translated by Google) Toyota 4S shop, the level of sales is not so good, to smash other brands to too high their own sales methods, not desirable. (Original) 丰田4S店,销售的水平不怎么好,以诋毁其它品牌来太高自己的销售方法、不可取。

Jenna Joy
Jenna Joy
GOOGLE
9-23-2019
Full Star Full Star Full Star Full Star Full Star

My car is great eveytime i get it back

bobby johnson
bobby johnson
GOOGLE
9-23-2019
Full Star Full Star Full Star Full Star Full Star
Yaa oforiwaa
Yaa oforiwaa
GOOGLE
9-23-2019
Full Star Full Star Full Star Full Star Full Star

I always have a good job well done!

Jason Gizzi
Jason Gizzi
GOOGLE
9-23-2019
Full Star Full Star Full Star Full Star Empty Star

Attentive service just missing the personal touch.

Thomas Platt
Thomas Platt
GOOGLE
9-23-2019
Full Star Full Star Full Star Full Star Empty Star

Friendly an informative staff in the service and parts department that found the part I was looking for and got it the next day for me to pick up!

Gail Burgess
Gail Burgess
GOOGLE
9-23-2019
Full Star Full Star Full Star Full Star Full Star
Harika B
Harika B
GOOGLE
9-23-2019
Full Star Full Star Full Star Full Star Full Star
Angel Escobar
Angel Escobar
GOOGLE
9-23-2019
Full Star Full Star Full Star Full Star Full Star
Bonny87 Life
Bonny87 Life
GOOGLE
9-23-2019
Full Star Full Star Full Star Full Star Full Star
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