Buy vs Lease near Reseda, CA
Are you interested in acquiring a new vehicle, but aren’t sure if you’d like to buy or lease it? Not to fret, as we at Northridge Toyota have crafted this overview to go over the benefits of both of the aforementioned options. After you’ve read all the necessary details, don’t hesitate to come down to our location to get started on the purchasing process!
Buying
This is the option that most people are familiar with. If you choose to go down this path, then you’ll be paying us a monthly fee in exchange for eventual full ownership of your chosen vehicle. If you’d like to save some money, then you can also spring for used cars. There are one-owner and certified models available for those who would like to enjoy some extra benefits and warranties with their pre-owned auto purchase. Another one of the most important benefits here is that there won’t be any restrictions on what you can and can’t do with your vehicle as you move through the streets of Reseda.
Leasing
The way that leasing differs from purchasing is that you’d be paying the monthly fee for the privilege of borrowing your chosen model. Only new Toyota vehicles are available for contracts of this nature, so you can be rest assured that you’ll be getting your hands on a fresh and high-quality auto for your daily commute down Sherman Way. These contracts last for a period of two to four years, so you won’t feel like you’re locked in for the long haul. It’s worth keeping in mind that there’s a limit on how many miles you can accumulate for the duration of your agreement, so be sure to plan your trips to and from Randal D. Simmons Park with care.
Which Is Best for You?
Luckily, there is no wrong answer to the question of which option would be best. If you're interested in getting a factory-fresh model for a fraction of the cost, then you might want to spring for leasing, as the payments will only be based on the expected depreciation value of the vehicle. Are you more interested in having a vehicle you can proudly call your own? Then you’ll likely be more satisfied with purchasing. Regardless of what option you decide to commit to, our staff will provide you with all the help you’ll need. Contact our dealership today if you still have any further inquiries!
Buying
Leasing
- Path to full ownership
- Can purchase used vehicles
- No restrictions on what can be done with the vehicle
- Short-term contract
- Price is based on expected depreciation value
- Flexible options when lease ends
Dealership Information
Testimonials
“ Shawn helped me with my first car purchase. He was patient and didn’t try to rush me into buying the first car I liked (it was the most expensive one) but showed me different varieties of cars. Since I didn’t know much about cars, I asked him so many obvious questions but again HE WAS REALLY PATIENT with me and explained them all in detail. Shawn was also eager to help me bargaining for the best final price and I got such a good discount at the end!! ”
“ Thank you Michael Nelson for your service ”
“ This you emad , very nice guy , if you ask for good deal it’s only emad , think you ”
“ Amil was great in helping me grind my dream car!! ”
“ Thank you Franco I’ve been looking for the best car and found it with the best rep throughout the whole nation very professional!! We will be back for another Toyota highly recommend! Thank you Sam & Franco ”
“ Thank you Franco the most professional! Thank you Alex and Northridge Toyota ”
“ Amazing service thank you boss thank you Franco!! ”
“ Thank you Franco for all your patience and professionalism you're a very dedicated sales professional!! Just got my brand new 2026 Toyota Cross. Thank you Alex ”
“ (Translated by Google) Excellent service, qualified staff, and a fantastic atmosphere! I enjoy this waiting area every time I have a scheduled vehicle maintenance appointment. Very satisfied. Thank you, Northridge Toyota. (Original) Servicio excelente, personal calificado, lugar ufff de un ambiente formidable disfruto de este lugar de espera cada vez que tengo schedule de mantenimiento de mi vehículo, muy satisfecho Gracias Northridge toyota ”
“ Franco you're the absolute best and most professional rep. Thank you Franco and Toyota ”
“ (Translated by Google) undefined (Original) Great team thank you Franco!! ”
“ (Translated by Google) undefined (Original) I just want to give Byron a big shoutout! He went above and beyond to make sure I got the car I wanted. He is very knowledgeable and very helpful. Ask for Byron next time you are shopping for a car ”
“ (Translated by Google) undefined (Original) Cedric was amazing he’s a perfect saleman, when you go to toyota northridge please only ask for cedric ”
“ (Translated by Google) undefined (Original) Zayn in sales and Richard in the finance department took really great care of me with my purchase. They're both super professional, knowledgeable, and easy to deal with. They worked hard to make the purchase process quick, seamless, and efficient. If you're in the market for a vehicle, I highly recommend them. Thanks again guys. ”
“ I was in real need of a car and asap and Rishar really was patient with me since I was being cautious and had so many reservations about what type of vehicle made sense for me and on top of having an opinion about the cars I didn’t like but he didn’t give up, he showed me everything in my price range, helped weight the pros and cons and let me test drive so many cars, he really helped in getting me the best deal for the budget I had. This is my second car purchased from Northridge Toyota and the really go the extra mile to ensure you walk out with something that is reliable, safe and suited for you. ”
“ Franco is the absolute legend! Thank you my brother, just got the first Sport car of the year!! ”
“ Updated Review: I am updating the review to 5 stars after working with Tahsin N. and Anna. They found the car I need at the price I wanted. Although I ended up buying the car from another dealership due to my time constraints, I still appreciate the professional demeanor exhibited by these ladies. Old Review: These guys pulled a classic bait and switch. Called for a car listed on web and I was told a manager will call soon. The manager later informed me that that car is sold (although still listed on the website after 1 week). Then another clown calls and tells me a similar car is available for an extra 4K, really?? Avoid this dishonest dealership. ”
“ Wow! They really go above and beyond here. Jack helped me trade in my old Honda for a hybrid that I absolutely adore, was respectful, answered all my questions and never made me feel pressured. The color I wanted was not at the Northridge lot, but the team helped to find the one I wanted and Jack even delivered it to my home!! Thanks for the positive start to my 2026, Northridge Toyota! ”
“ I purchased a 2026 Camry at Northridge Toyota this week, and want to give a shoutout to Cedric who helped me from start to finish. He understood what I as a costumer came in for. He is genuinely friendly, runs around and stays late for you, and makes the generally stressful experience of buying a car into a pleasant one. ”
“ Alex Alonzo and Ben hakimi are HANDS DOWN THE BEST. You want a good deal and to feel extremely cared for go them. We got such a great deal for my mom this is my second time doing a deal in this dealership and i know I will always come back. ”
“ Back to Toyota family 2026…So grateful for the exceptional service…specially from Alex K who showed a great deal of knowledge, care and professionalism… Great Team! I Love my bz 2026 🥰 ”
“ Had a great experience with Richard, was in and out in about an hour and got the exact deal we spoke about on the phone. If asking to buy a car from northridge Toyota defiantly only ask for RICHARD. He’s the best ”
“ Muchas gracias Franco y Alex, Northridge Toyota!! ”
“ I had a brilliant experience buying a car at this dealership. The entire process was smooth and professional. A huge thank you to Elia Yousefi and Mario Saber for their exceptional service. Highly recommended! ”
“ First of all, I want to thank (Danny Rojas/'Sells Person) for welcoming me with a kindly matter. Buying a car here at Toyota Northridge was a great Experience from other dealer ships I dealt with. Ryan the Sell’s Manager, was very accommodating with what I needed and The Toyota team for keeping Me happy with my purchase. Thank you & hope to come back soon. ”
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“ Anna under promised and over delivered <3 ”