Benefits of Leasing a Toyota
Here at Advantage Toyota Valley Stream, the common question we get asked is what are the benefits of leasing a Toyota? Well, there are many. It allows you flexibility, and, in some cases, lower monthly payments. We’re going to explain these benefits to you, so you can understand them, and see if the option is right for you.
- Flexibility to change or upgrade vehicles more often
When the lease is up, one has the option to purchase or return the vehicle
There’s no need to sell the vehicle or negotiate a trade-in value at lease end
- Monthly lease payments are typically lower than if one finances
- Special rewards are available for returning customers
- A no-cost maintenance plan is included on every new Toyota lease for 2 years or 25,000 miles, whichever comes first 1
When one leases, less cash is typically paid up front, and one can enjoy lower monthly payments on the vehicle throughout a set period of time, which is generally 36 months, though we offer shorter and longer leases. Ask us about other options.
When leasing, one pays the first month’s payment, acquisition fee, a security deposit that’s refundable, taxes and fees, and a capitalized cost reduction, which is similar to a down payment.
One must adhere to mileage and Wear and Use Guidelines, as one’s responsible for any overages or repairs that might occur. Fortunately, we provide backing under the Toyota warranty for many leased vehicle issues 1 here in our service center.
When one’s lease is up, one has many Toyota lease-end options, including getting a new lease, buying the currently leased vehicle, or turning in the leased vehicle and walking away. That’s the sort of flexibility and benefits leasing provides those in Valley Stream, NY and the greater Long Island area.
You can learn more by contacting our sales team; we’ll be happy to answer any questions you might have and set up test drives at your convenience.
1 . Covers normal factory scheduled service for 2 years or 25K miles, whichever occurs first. Not eligible on fleet, rental, livery, and limo vehicles. See participating dealer for coverage details.