I agree with Vaibhav, I've used a lot of third party control libraries over the years and the Telerik controls are by far my favourite. Their support is pretty damn good as well. The ASP.NET AJAX Control Toolkit is ok for simple stuff, but as soon as you want to do anything more sophisticated then you're going to have to write the feature yourself.
Perhaps you don't need to buy the controls for all of the team, just the guys who are working on projects who need them?
Also, Telerik controls appear to have an unlimited (fully functioning) trial period where the control periodically shows a trial license reminder. This means you can develop your app using trial components and if you're happy with the result build it with the paid for/licensed control. We did that before committing to buy, quite useful and the nags weren't that intrusive (about on in every 10-15 page views).
@David in Dakota - we used the infragistics controls just once and binned them. We found them really bloaty and generally not that great to use. We also tried the ComponentArt controls. Whilst they seemed ok to begin with, we found that their javascript caused all sorts of memory leaks, we got a fix eventually, but by that time our confidence in the controls was gone.
HTH