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Map 2095 N Rand Rd, Palatine, IL Today 9-8pm (844) 474-5287
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How to Lease a Toyota

Congratulations! You’ve decided it’s time to give your Palatine, Arlington Heights, and Rolling Meadows, IL, travels an upgrade by taking the driver’s seat of a new Toyota. You’re about to embark on the next great chapter in your life, and the team at Arlington Toyota couldn’t be more excited to join you.

As your locally owned and operated Toyota dealer, we’re here to help you navigate through the financing process, starting with how to lease a Toyota. Let’s get started!

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Toyota Lease Deals near Me
Toyota Lease Deals Near Palatine, IL

Before You Can Lease a Toyota: The Prep Work

While we know you’re eager to take the wheel of your perfect road companion, there is some prep work that must be done prior to visiting our on-site finance center. Some of this prep work includes:

  • Reading reviews and comparisons to determine which Toyota vehicle best suits your needs
  • Determining how many miles you typically drive within a 12-month period
  • Learning more about your credit score and whether a co-signer is needed to lease a Toyota

In addition to these items, it’s also important to take some time to fully understand what it means to lease a Toyota.

In a nutshell, leasing a Toyota means you’re paying our dealership to drive one of our vehicles for a predetermined set of time. During that time, you’re responsible for maintenance and the general upkeep of the vehicle. Once the lease term comes to an end, you must return the vehicle to our dealership.

How to Lease a Toyota: Get Started With Financing

Once you’ve done the prep work, it’s time to head to our finance center. After meeting a sea of friendly faces, you’ll work one-on-one with one of our experts throughout the lease process. Together, you’ll explore Toyota lease deals until the one that most closely aligns with your specific wants and needs is found.

From there, they’ll explain lease terms—such as capitalized cost and disposition fee—to ensure you fully understand the terms of the lease. Once everything makes sense and you have no more questions, all you must do is sign some papers, and you can embark on your victory lap around town.

Lease Term Glossary

Here are some important lease terms you should know:

  • Capitalized cost: The price of the vehicle before any reductions, such as a vehicle trade-in or down payment, is applied.
  • Disposition fee: The end-of-lease fee.
  • Mileage allowance: The pre-set number of miles you’re allowed to put on the leased Toyota each year. A penalty may be enforced for overages.
  • Residual value: The value of the vehicle at the end of the lease term.

I’ve Leased a Toyota…Now What?

Once you have the keys in hand, all that’s left is to get out and enjoy your newly upgraded commute. Meet up with friends at Arlington Ale House for a round of celebratory sip or get out and enjoy nature at Lake Arlington or Busse Woods.

When it’s time for service, head over to our on-site center where you’ll be greeted by our team of Toyota-trained technicians. They’ll use their skills and expertise to keep your Toyota in perfect condition thanks to services like oil changes, tire rotations, multi-point inspections, and more.

To reserve an appointment, fill out our online form today!

Get Started With Leasing a Toyota Today

Now that you’ve read more about how to lease a Toyota from our locally owned and operated dealership near Palatine, Arlington Heights, and Rolling Meadows, Illinois, it’s time to take the first step in leasing.

Contact us or fill out our secure online application to get a jumpstart on the lease process. We can’t wait to meet you!



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Palatine, IL 60074

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