You've found the right new Toyota car, truck, SUV, or van for you. Now what? Next comes the decision of whether you should lease or buy your new vehicle. While loaning is a great option for some, here are a few advantages that leasing a new Toyota contains.

  • Newest Toyota Models - A typical Toyota lease lasts three years, allowing you to upgrade to the newest Toyota vehicle every few years. This means that you'll have the opportunity to drive around the West Caldwell area with the latest Toyota design, newest powertrains, and most up-to-date technology.
  • Less Expensive Up Front - Most leases tend to have less expensive monthly payments, require a low or no down payment, and come with a lower overall payment plan. You'll most likely also spend less on insurance, registration fees, and taxes.
  • Low Maintenance Costs - Because your lease typically lasts only three years, you'll have your Toyota for as long as the new car warranty is around. This means that most of the large maintenance and repair issues should be covered for the life of the lease.
  • Less Hassle - Once your lease has ended, you can easily exchange, trade-in, or stop your lease. If you have a loan, you'll have to find your own buyer, attempt to make a good deal, and then find a new car.

Would You Like to Learn More?

If so, our Paul Miller Toyota of West Caldwell dealership is available to discuss every lease option that you may have. Contact us to set up an appointment, explore our monthly lease specials, and use our online finance tools to get a head start on your car financing process.

Categories: Finance, New Inventory