Leasing a Toyota vehicle is perfect if you are someone who likes to have the latest car every few years, or if you drive a lot and want to avoid the high cost of buying a new car. Leasing a Toyota vehicle offers many benefits such as lower monthly payments, tax advantages, and knowing that someday when you are ready for another vehicle, you'll be able to trade it in for a new one. On the other hand, Toyota's financial services offer advantages such as money back if you are unhappy with the vehicle after a year, and no problems with taxes. However, it is hard to predict if you'll be satisfied with the new car and you don't want a car that scratches or blows its engine every three months. Heart City Toyota has some helpful advice to share!
Benefits of Leasing
Leasing a Toyota vehicle can save you money each month. You will pay lower monthly payments since generally, it costs less to lease a vehicle compared to buying. During the first year, you will get your down payment back with any unused amount from previous years. Our Toyota leasing offers clients an opportunity to be hands-off when it comes to car maintenance. Upon signing the Toyota leasing agreement, you give up all rights to the vehicle and any future maintenance. Our team of Toyota technicians will advise you on how best to trade in your car for a lease at least annually by checking and maintaining the car's condition including regular services locally at a Toyota dealer near you.
As for your payments, you can choose between a lease and a finance agreement (also known as an option or credit contract), which are both different ways to take out a loan or make Toyota financing deals. With a lease agreement, the entire payment is usually made during the first 12 months of ownership. During this period you will also have to pay for all maintenance costs such as oil changes and repairs. The main reason why it is better to lease a Toyota is that it saves you money over the long term. Another important reason is that you will be able to drive a new car every three years instead of driving a used one. If you finance your cars with Toyota financing deals, you’ll have to deal with the hassle of reselling. As you can see, there are many benefits of leasing a Toyota.
How to lease a Toyota
When you have decided what kind of car you want, contact the Toyota finance department. Discuss all the details and sign the lease agreement. If you do not know what kind of vehicle fits your lifestyle, please visit the nearest Toyota dealer and try out some new vehicles to get an idea of your requirements. Our Toyota financing specials are exclusive for instance incentives that are offered by our dealerships. In addition to trading in your car for a lease, you can also save on your next car purchase as one of the Toyota financing specials.
Toyota Financial Services
Toyota financing deals are easiest to obtain at Heart City Toyota. Our customer service and expertise will not be found in any other Toyota dealer or department. You will also get a vehicle inspection and all other Toyota financial services done at our Toyota dealership near you. For financing specials and lease specials offered by our dealerships, it is advised to have the vehicle inspected and go through our extensive application process and regular service at our local Toyota dealer. When you have decided on your vehicle, get in touch with us to set up a meeting at the dealership. By visiting our dealership, you can secure the car of your dreams from your local Toyota dealer. With on-site Toyota financial services available, Heart City Toyota will have you covered.
Drawbacks of Leasing
Although there are many advantages to leasing a Toyota vehicle, it can still be expensive in comparison with a loan or a regular Toyota financing deal. Depending on the payment amount and the term of the lease agreement, leasing a Toyota can cost up to 20 percent more than purchasing. Also, like any other kind of loan, you will have to pay interest payments and be accountable for any damages done to the vehicle during this period.