McGrath Lexus of Westmont Location Icon Sales: 500 East Ogden Avenue Westmont, IL 60559 McGrath Lexus of Westmont Phone Icon Sales: 800-773-3163 Service: 800-796-8741
Sales: 800-773-3163
Service: 800-796-8741
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Buy vs Lease near Oak Park, IL

Buy vs Lease near Oak Park, IL

If you’re currently stuck between whether to buy or lease your next Lexus sedan, crossover, or SUV, we at McGrath Lexus of Westmont wish to offer our assistance. Since both avenues have their respective benefits, you stand to gain in different ways, depending on your goals, budget, and lifestyle. So, if you’d like to review your options, head over to the dealership during our business hours! We’d love to see you here soon.

How Does Leasing Work?

In recent years, leasing has experienced a significant growth in popularity for a variety of reasons. First and foremost, customers love that these plans let them drive the latest models for a more affordable rate since you’ll essentially be borrowing the vehicle in question for a specified amount of time. Plus, once it’s over, you can choose to lease again, walk away, or purchase the Lexus for an adjusted amount. That being said, you should be aware that you’ll need to stick to a certain mileage allowance, which means you’ll need to keep tabs on how much ground you cover.  

Buying a Car

On the flip side, we have the more traditional route of buying a vehicle. The vast majority of the time, this is accomplished with the help of loan, as this enables you to gradually pay off the balance instead of shelling out for the full price all at once. Although this means you’ll have to pay interest, you’ll get to drive the Lexus as much as you please as long as it’s yours. Furthermore, once the loan has been fulfilled, you won’t have a car payment until you purchase something else in the future. Although you’ll have the freedom to either hand the car down or trade it in, you’ll need to maintain it as it ages, which can become expensive.

Which Path Is Right for Me?

Ultimately, you’ll need to weigh a variety of personal factors to determine whether buying or leasing makes the most sense. Thankfully, if you get stuck or simply can’t reach a conclusion, our team is here to assist! During your consultation, we’ll ask questions about your driving needs, current budget, and other aspects, as these factors will help us determine which avenue is better suited for you. For instance, if funds are low but you have your heart set on a brand-new ride, then you’ll want to give leasing a try. Alternatively, if you intend to view the Lexus as an investment, then a purchase is likely the better choice.

To hear more about whether to buy vs lease near Oak Park, IL, stop into McGrath Lexus of Westmont whenever you have a free afternoon or Saturday. We look forward to the opportunity to earn your business!


Contact Information


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800-773-3163

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Dealership Information

Testimonials

Debra Spencer
GOOGLE
6-5-2020
Full Star Full Star Full Star Full Star Full Star
Michelle Jackson
GOOGLE
6-3-2020
Full Star Full Star Full Star Full Star Full Star
John Dismang
GOOGLE
6-3-2020
Full Star Full Star Full Star Full Star Full Star
Thomas Long
GOOGLE
6-3-2020
Full Star Full Star Full Star Full Star Empty Star
Jayne Cooper
GOOGLE
6-3-2020
Full Star Full Star Full Star Full Star Full Star
Angel Novalez
GOOGLE
6-2-2020
Full Star Full Star Full Star Full Star Full Star
David Rosi
GOOGLE
6-2-2020
Full Star Full Star Full Star Full Star Full Star
Susan Anderson
GOOGLE
6-2-2020
Full Star Full Star Full Star Full Star Full Star

This is a previously owned car for me. I was a little anxious going to the dealership for service because of bad past experiences. Dean was very respectful and detailed in his explanations regarding my car. This experience was like a breath of fresh air and I caught myself exhaling when I got into my car to leave. Females notoriously have a difficulty time when taking car of they’re car. It is a true delight knowing I didn’t go for a unsolicited ride at my expense. Thank you Dean.

Dee Battaglia
GOOGLE
6-2-2020
Full Star Full Star Full Star Full Star Full Star

McGrath Lexus is a fine repair center. My 450h is nine years old and no one other than McGrath has serviced it. After extensive repair service, I was granted a discount and detail in addition to home delivery service. My service rep Tim handled my car from start to finish. Thank you McGrath.

April Howard
GOOGLE
6-2-2020
Full Star Full Star Full Star Full Star Full Star

Impeccable service every visit! Got a great inside and outside detail job done on my 2005 GX470 ..:. apart from the normal wear and tear knicks.... it looks brand new!

Thea Perkins
GOOGLE
6-1-2020
Full Star Full Star Full Star Full Star Full Star

I had an exceptional experience.

Kordia Summage
GOOGLE
5-31-2020
Full Star Full Star Full Star Full Star Full Star
Jeanine Walenga
GOOGLE
5-31-2020
Full Star Full Star Full Star Full Star Full Star
DAVID Vaickus
GOOGLE
5-31-2020
Full Star Full Star Full Star Full Star Full Star

Just leased our 3rd vehicle from McGrath Lexus of Westmont. As always service and our overall experience was excellent! Thank you Greg Luzinski, Larry (Larbo) Pebelske and Aldo Datoli!

David A.
David A.
YELP
5-31-2020
Full Star Full Star Full Star Full Star Full Star

Just leased our 3rd vehicle from McGrath Lexus of Westmont. As always service and our overall experience was excellent! Thank you Greg Luzinski, Larry (Larbo) Pebelske and Aldo Datoli!

Ram Kuppuswami
GOOGLE
5-30-2020
Full Star Full Star Full Star Full Star Full Star
John Kumler
GOOGLE
5-30-2020
Full Star Full Star Full Star Full Star Full Star
Anish Patel
GOOGLE
5-30-2020
Full Star Full Star Full Star Full Star Full Star
michael cavanaugh
GOOGLE
5-30-2020
Full Star Full Star Full Star Full Star Full Star
Matt Nourse
GOOGLE
5-29-2020
Full Star Full Star Full Star Full Star Full Star

Very straightforward and pleasant shopping experience. Good deal on a certified Lexus

patricia williams
GOOGLE
5-29-2020
Full Star Full Star Full Star Full Star Full Star

Excellent!! Excellent!! 10 Star -Especially my advisor Jared Shannon, Super Service!!

Willam Li
GOOGLE
5-29-2020
Full Star Full Star Full Star Full Star Full Star
Jessie Richardson
GOOGLE
5-29-2020
Full Star Full Star Full Star Full Star Full Star

I had been looking to buy a used car for weeks and had pretty much written off all dealerships bc every car listing that seemed like it was a good deal based on the Carfax report and mileage turned out to be too good to be true. Also had felt like the sales reps were "taking me for a ride" (pun intended). Really glad I gave it one more shot with this place. Although they deal Lexus, found a great Honda CRV that was priced better than any other CRV I'd driven in the weeks prior. Rita was super helpful in getting me set up to test drive and Aldo helped me with financing and a warranty without being pushy about upsells. These folks are great, and if I still live in Chicagoland by the time I need another car, will be giving them a call.

Gwen Hay
GOOGLE
5-28-2020
Full Star Full Star Full Star Full Star Full Star

Friendly and super helpful staff. Great information provided about tire options. Oil change, tires, and brakes serviced in a timely manner. Highly recommend this dealership.

The Ladies Room Resale Boutique
GOOGLE
5-28-2020
Full Star Full Star Full Star Full Star Full Star

Made an appointment w Alan, arrived on time. He showed us a few Lexus SUVs in various sizes as we discussed my needs, options, etc..... About 10 mins into conversation, Alan showed me 3 SUVs that fit my needs. I was not planning on getting a Ford however I BOUGHT MY FORD AT A LEXUS DEALERSHIP!!!! No used cat salesman here. Alan provided us w Great service, listener, passionate, detailed oriented, good sense of humor and easy on the eyes. Hahaha

carol fitzgerald
GOOGLE
5-28-2020
Full Star Full Star Full Star Full Star Full Star
Mary Cunningham
GOOGLE
5-27-2020
Full Star Full Star Full Star Full Star Full Star
lou bruscianelli
GOOGLE
5-27-2020
Full Star Full Star Full Star Full Star Full Star
Thomas Maloney
GOOGLE
5-27-2020
Full Star Full Star Full Star Full Star Full Star

Joe Scala , thanks again for another great Lexus for my daughter. The sales experience you and the team at McGrath in Westmont provide is the reason I continue to come back and purchase cars. Myself and my family continue to be happy with not only our cars but the continued second to none service you and everyone at McGrath Lexus provide.

lucky lucs
GOOGLE
5-27-2020
Full Star Full Star Full Star Full Star Full Star
Thomas DiNardo
GOOGLE
5-27-2020
Full Star Full Star Full Star Full Star Full Star
C Panduro
GOOGLE
5-27-2020
Full Star Full Star Full Star Full Star Full Star
Kathrine Eldridge
GOOGLE
5-27-2020
Full Star Full Star Full Star Full Star Full Star
Richard Moore
GOOGLE
5-27-2020
Full Star Full Star Full Star Full Star Full Star
Tom Dirlevski
GOOGLE
5-26-2020
Full Star Full Star Full Star Full Star Full Star

Alan thanks for everything!

Robert Hariman
GOOGLE
5-26-2020
Full Star Full Star Full Star Full Star Full Star
Jerry Ostermann
GOOGLE
5-25-2020
Full Star Full Star Full Star Full Star Full Star

This was our 7th purchase of a Lexus from McGrath (our first purchase was an ES250 from Arlington Lexus before McGrath was incorporated!). The entire McGrath team was simply the best, beginning with Alisa who was my sales person from the beginning. Our cars have only been serviced by McGrath, and that’s where they will continue to be serviced. Mike, you can be justifiably proud of your Westmont dealership!

Christine Alexander
GOOGLE
5-24-2020
Full Star Full Star Full Star Full Star Full Star

The service department is phenomenal . Thanks Ben for ALL your help

Ed Hoster
GOOGLE
5-23-2020
Full Star Full Star Full Star Full Star Full Star
Kulashi Inc
GOOGLE
5-22-2020
Full Star Full Star Full Star Full Star Full Star
Lucio Vivar
GOOGLE
5-22-2020
Full Star Full Star Full Star Full Star Full Star

Service from the time I arrived was well attended by service attendants, no hassle. I was mentioned by the service writer the time the shop would be able to finish the 15K-mile scheduled service and it was absolutely done on time. Car was clean, in and out, waiting for us outside the parking lot. Excellent

Michael Van Nus
GOOGLE
5-21-2020
Full Star Full Star Full Star Full Star Full Star

Appreciate the extra effort to handle the loaner delivery. SUV looks brand new.

melissa marx
GOOGLE
5-21-2020
Full Star Full Star Full Star Full Star Full Star

I pulled my car into the service drive. I was greeted right away. Jared was an amazing service consultant!! So helpful! I got my car in and out! An outstanding experience everytime! I won't take my car anywhere else! High recommend!!

GuruBVKC2
GuruBVKC2
CARGURUS
5-21-2020
Full Star Full Star Full Star Full Star Empty Star

Glenn was courteous and took time to discuss the car I was interested in. I had just been in an accident where someone ran a red light and totaled my car. Insurance hadn't settled the matter yet and the car I was interested in at McGrath sold before I could buy it. I would have bought that car for sure because it was the exact same as my car. I know Glenn couldn't hold it for me. Oh well.

steve niechcielski
GOOGLE
5-20-2020
Full Star Full Star Full Star Full Star Full Star

Highly recommended! Dean in service took care of my service requests!

Rick Leece
GOOGLE
5-20-2020
Full Star Full Star Full Star Full Star Full Star

Excellent service. Final price matched estimate. No surprises. Service personnel were fast friendly and efficient. Repairs were done on time.

Jennierae Mcguire
GOOGLE
5-20-2020
Full Star Full Star Full Star Full Star Full Star
Rajan Itteera
GOOGLE
5-20-2020
Full Star Full Star Full Star Full Star Empty Star
Heather Drums
GOOGLE
5-20-2020
Full Star Full Star Full Star Full Star Full Star

Excellent customer service here ! I’ve been a customer for 10 years and have never been disappointed with the level of professionalism .

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