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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 Massapequa Sales Hours

844-534-3632

Testimonials

"Came in for a recall and the service was very good. They..."

fundjay
DEALERRATER
7-5-2020
Full Star Full Star Full Star Full Star Full Star

Came in for a recall and the service was very good. They took me at the assigned time. Car a was presented to me fixed.

Came in for a recall and the service was very good. They...

fundjay
CARS
7-5-2020
Full Star Full Star Full Star Full Star Full Star

Came in for a recall and the service was very good. They took me at the assigned time. Car a was presented to me fixed.

Not smooth

Marty Seconhouse
CARS
6-30-2020
Full Star Full Star Full Star Empty Star Empty Star

They waited until last minute to complete necessary paper work . Had to change the deliver details . They never finished the prep. Ex.did not install roof rack or trunk cover

Vinny is so good

Sandy
CARS
6-29-2020
Full Star Full Star Full Star Full Star Full Star

Calles me for approval, kept in touch with me. Even let me pay over the phone to let my daughter come get my car after I sent a photo of her license in for her to have approved to get it. So good.

Great experience

Keith
CARS
6-29-2020
Full Star Full Star Full Star Full Star Full Star

Extremely easy, efficient and professional. The entire buying process was great, I have bought multiple cars from this dealership. The new showroom is also great.

Leased 1 car, will get 2nd from this dealer

Jim
CARS
6-17-2020
Full Star Full Star Full Star Full Star Full Star

Dealers were straight, no games. Really enjoyed working with them. Even had issue, and they picked me up at my home to get new car.

Shantel Anderson
Shantel Anderson
GOOGLE
6-11-2020
Full Star Full Star Full Star Full Star Full Star

I bought a CPO Toyota from this dealership and the process could not have been better. Bill Crocket assisted me with the sale and Brian Ogbin helped with the financing process. Scheduling the test drive/ appointment was easy and the dealership has great precautions in place in response to COVID-19. As a first time buyer, both Bill and Brian answered all my questions, made sure I understood everything, and neither of them were pushy or aggressive with the sale. I appreciate them and I definitely recommend checking out Team Toyota of Glen Mills.

Great Service

Pat Greenridge
CARS
5-31-2020
Full Star Full Star Full Star Full Star Full Star

David at the service was great!! He approached me in a professional manner. Asked the right questions and directed me to the waiting. Service was completed in 35 minutes.

Great Service and very professional

Therese
CARS
5-31-2020
Full Star Full Star Full Star Full Star Full Star

Dave was extremely helpful and professional when I took my car in for service. He also informed me of an update I was unaware of. They are professional and quick.

Great service Giovanni Reyes !

Giovanni Reyes
CARS
5-27-2020
Full Star Full Star Full Star Full Star Full Star

Giovanni Reyes Is a great service person He’s so caring and attentive , the minute we come in he’s right there . He swiftly took the Porshe and accessed the service . I received 2 emails prior to remind me of my appointment . I was done in 1 hr for a scheduled service . Great job Giovanni

Vp of Suffolk County Community College

John lombardo
CARS
5-25-2020
Full Star Full Star Full Star Full Star Full Star

The women that booked appointments, Cathy, was one of the best customer service people I have ever met. She was pleasant, attentive, accurate and efficient. I would recommend her for any job.

John Phillips
John Phillips
GOOGLE
5-16-2020
Full Star Full Star Full Star Full Star Full Star

I just purchased a used Tacoma from Team Toyota. The salesman, Bill Crockett, was extremely helpful and the process went smoothly. The sales team answered all my questions and made me feel good about the purchase. These guys are top notch.

WaNeice Dale
WaNeice Dale
GOOGLE
5-16-2020
Full Star Full Star Full Star Full Star Full Star

Start to finish my purchase process was awesome!!! Bill Crocket (sales) and Nic Esposito (finance) could not have done better if they tried. I left with the car I wanted at the price I wanted. No gimmicks & no hassle, just good business. Need I say more? Thank you Team Toyota!!!!

Great service

Spo
CARS
5-7-2020
Full Star Full Star Full Star Full Star Full Star

Usually go to Lynbrook for maintenance, but they were closed. Received great service and finally had a service that did not come up with a long list of things to do. Will definitely use them in the future .

Luis M.
YELP
5-6-2020
Full Star Full Star Full Star Full Star Full Star

I recently purchased a pre-owned vehicle from the sales team. They were ABSOLUTELY WONDERFUL!!!! A+++ all the way. They went out of their way to make it as seamless and accommodating as possible. Thanks to Scott in service. Ivy and all the sales team. Keep up the great work !!! I would absolutely but another vehicle from them !

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.

Denzil
CARGURUS
1-29-2020
Full Star Full Star Full Star Full Star Full Star

Your staff keep on follow up with me on that 2017 Ford explorer

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.

Neal
CARGURUS
11-24-2019
Full Star Full Star Full Star Full Star Full Star

Excellent! From start to finish

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
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