Leasing vs Buying

Benefits of Leasing

If you’re a driver interested in enjoying the fresh new assets of a Toyota, a leasing plan might be right for you. With a lease you can utilize:

• Potentially lower monthly payments
• A “trial period” for the model
• Flexibility to upgrade to a new ride

Since a lease is “borrowing” a car for a set period of months and miles, there’s less commitment involved. That can make it less of a financial commitment month per month as a lease will often have comparatively lower monthly rates as compared to a purchase.

Leasing means that you have plenty of flexibility. When the contract comes to an end, you simply return the model without any fuss and can move on to another ride. You might even have options to end a lease early, giving you the flexibility to make big life decisions.

If you fall in love with your leased ride, our finance team may be able to work with you to turn the lease into a purchase.

Benefits of Buying

The driver who is interested in investing in a new Toyota and owning it outright is best suited for a traditional purchase plan. These can offer:

• Potential overall savings
• Ownership of a ride
• Variety of payment plans

While there are options to purchase a Toyota that you lease, if you start out with a financing plan, there’s a chance that you’ll spend less overall.

Owning a car can be a great asset to a lot of people. Buying a car means that you call the shots; you can add or remove accessories, change paint jobs, or make any kinds of customizations you want.

There’s also a wide variety of payment plans out there for you to consider so that you find the right monthly option for your needs.

Contact Our Finance Center

Our finance team is also here to offer some advice when you’re torn between leasing vs. buying. We have experience helping all sorts of drivers get the right plan for their circumstances, and we’re ready to work with you. Get in touch with our experts with any questions you might have, such as:

• How do I get started toward leasing or buying? An easy starting place is our pre-approval application, where we can figure out what plan might be suited to your needs.
• Are there any special incentives to consider? We offer rolling promotions for all kinds of models and accompanying leasing and/or financing plans, so be sure to check them out!
• Can I work with local lenders? Absolutely! Our team is ready to get you in touch with the right local people to get you your ideal finance plan.

Ready to buckle into a Toyota and take it to Veterans Park Beach?