What are The Benefits of Leasing a Toyota?

There are a great many reasons for entering into a Toyota lease, but the most common and straightforward reason is that it allows you to enjoy a Toyota without the heavy responsibility of lifelong ownership. Being able to enjoy the craftsmanship and tradition that goes into every Toyota without having to concern yourself with serious upkeep is a small luxury that can’t be understated.

Another benefit that we’d like to put a spotlight on is that due to their nature, a lease deal can, and often does, go through with you experiencing a lower down payment. However, the story doesn’t quite end there, either. That’s because of how some specific lenders and leasers operate, you may find yourself in circumstances that saves you from putting any money down out of pocket. Mind you, these situations are not typically a common occurrence, but we feel they’re important to consider.

For our third benefit, we ask, do you know the typical lifespan of a Toyota lease deal? It’s in the ballpark of two to three years. This short span allows you to easily jump from lease to lease. This is an incredible benefit if you are interested in technology and hardware upgrades, as you’ll have first dibs when the newest models get released to market. With leasing, you’ll always be on the cutting edge.

What are My Options when My Toyota Lease Ends?

You’ll be glad to know that you’ve got a lot of different options. Here we’ll cover three of them. Completing a lease is an easy operation, requiring a lot less work than you think. The most common practice is to return your Toyota to the dealership that you originally leased it from. However, if there is significant wear & tear and mileage that went over the agreed upon terms, you could be help responsible. Once you take care of that, you’re free to go.

Another option, especially if you’ve grown fond of your Toyota model, is to buy it outright. When you choose this option, you’ll be buying it at its residual value which is lower than its book value.

Our third highlighted option is to simply re-lease your Toyota. This gives you the ability to either extend your current lease for a set period of time or just a re-leasing. If you choose the latter option, it sets you up with is basically a used-car lease, which has the potential to positively impact your monthly payments.

A Postcard of Rolling Meadows, IL

After getting settled in your new Toyota lease deal, treat yourself to a day in nature by visiting the Ned Brown Forest Preserve. With over 3,700 acres of forest, wetlands, and open water open to exploration on 13 miles of trails, there’s more than enough to do in a day. Bathe in nature and enjoy the greenery!