If you’ve been looking to purchase a new car, consider one of the luxurious vehicles from Lexus. Vehicles produced by Lexus are prestigious and high-quality while functioning expertly. Purchasing a car can be a big decision, which is why we’re here to help. Here’s our guide to buying your first Lexus vehicle, no matter the model.
Conduct Research
2023 Lexus RX 350
An important first step for buying your first Lexus vehicle is to conduct preliminary research. You can identify which models are most appealing to you or would be the best fit for your lifestyle. Consider comparing the cost of a new Lexus model as opposed to a used Lexus from an earlier year. Conducting research equips you to begin looking for your next car with confidence.
Choose a Price Range
Another important step in the car buying process is choosing a price range. Setting a budget helps you determine which vehicles are best for you. You can narrow down your choices to a few different Lexus vehicles that fit within your price range. It’s also important to consider the various upgrades and trim levels included in different models. For example, you might want the 460 Premium trim level on the Lexus GX because of the amenities and the price tag compared to the higher trim level for this model. Here are a few other financial details to consider:
Get Pre-Approved for a Loan
Unless you have the cash ready to pay for your new Lexus, you may need to get an auto loan, and you can choose to undergo the process of pre-approval. This helps you have the money available from the loan before you purchase the car, enabling you to pay right away. Pre-approval can simplify and expedite the buying process for you so you can get your new Lexus on the road quicker.
Find Insurance Before You Buy
Another financial detail to consider is finding insurance for you and your vehicle. Since Lexus is a luxury brand, you may need to find a premium insurance package that thoroughly covers the vehicle. Even if you don’t apply for insurance before purchasing your Lexus, it’s helpful to determine which insurance company you’ll use and the plan you want to purchase once you have the keys to your new car.
Select a Lexus Model
After conducting research and determining your budget for the vehicle, it’s time to select a Lexus model. This manufacturer offers multiple types of cars, from SUVs to sedans. It’s important to choose a vehicle that you can utilize and enjoy. Here are a few different Lexus models to choose from:
Lexus ES
The Lexus ES is a mid-size sedan with a high-quality, technological interior and a sleek body. You can even opt for a hybrid version of some of the newer models. You might consider this model if you want a comfortable car for your commute to work.
Lexus LC
The Lexus LC is a sports coupe, and the newest model has a convertible option. New buyers can customize the body of the car to their liking. As the sportiest of the luxury line-up, the Lexus LC is a great choice for people who want to hit top speeds while riding in luxury.
Lexus LX
The luxury manufacturer also produces SUVs, like the Lexus LX. This SUV got a brand-new body in 2022, but older models are similarly sleek and useful. You can upgrade to the most luxurious package or choose the F Sport trim level instead to match your adventurous spirit.
Determine the Market Value of the Car
Once you’ve made a decision about the model and year of the Lexus vehicle you want, it’s best to determine the car’s market value. Older models may have a lower market value, while newer ones tend to have a larger price tag. You can consult with the manufacturer or speak to people at several dealerships to determine the market value of the Lexus you’re shopping for. This can help ensure you find a car at the right price.
Check the Car’s Warranty
After finding a car you want to purchase, there are a few logistics to take care of before paying. The first step is to check if the car comes with a warranty. Even if you buy a car from a third party or private seller, the Lexus may still qualify for a warranty with the dealership.
Inspect the Car
Inspecting the car before you purchase is a way to ensure that it’s in the proper condition. It’s a good idea to see the vehicle in person before finalizing your purchase so you can avoid confusion or unnecessary surprises. If you’re purchasing a used Lexus, check the history of the car, including maintenance records, so you understand the shape the Lexus is in before you buy.
Take a Test Drive
After your initial inspections, you can take the Lexus for a test drive. This is a great opportunity to get a feel for the car and learn how it operates. You might determine that you want to look for a smaller or newer model than the one you first take for a spin. Test driving the vehicle can help you narrow down your options and feel more confident in your final choice.
Negotiate Your Price
Once you’ve worked your way through the rest of the steps in our guide, you’re ready to negotiate the price for your first Lexus. This is where you can put your preliminary research to good use. You can reference the market value of the car based on the year of production, its history, or the general condition of the car. Whether you’re buying an older or newer model, it’s helpful to understand the overall value of the car before you begin negotiations. Once you’ve decided on a price, be sure to sign a document stating the final decision to avoid confusion later.
Buying your first Lexus can be an intimidating process, but we at Longo Lexus are here to help. You can shop for both new and used cars at our dealership. Feel free to contact us or visit us in person to discuss any questions or concerns about your upcoming purchase, and we’ll provide support in the best way we can.
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