When you purchase a new Toyota, you may want to choose to lease your vehicle. There are a myriad of benefits to opting for a lease, including lower monthly payments than had you applied for a loan as well as the ability to trade it in for a shiny new model every few years. Leasing is the perfect option for people who like to have the most up-to-date autos available as well as shoppers looking to get the most car for their money.Below, we've outlined some of the excellent benefits of leasing your next vehicle. You can get in touch with our financing experts for additional info. Make your car-shopping decision confidently knowing you've chosen the right option for you!
Here Are Some Excellent Reasons to Lease Your Next Vehicle:
New Tax Laws Give You a Break: Prior to January 1, 2015, when you leased a car, you paid tax based on the full value of the vehicle… even though you might only use it for 36 months and pay a few thousand dollars toward it. Starting January 1, 2015, you are now only taxed on the payments you make, regardless of the vehicle's full value! This means you save big.
Upgrade Your Vehicle for Less:
Leases let you make lower monthly payments than loans since you only pay for the time you use the car and not its full price. This means you could be able to afford extra features or even a higher-end model that would be out of your reach if you were purchasing instead!
Get the Latest Tech:
If you're the kind of person who needs to have all the latest vehicle tech, leasing can help you stay on top of all the newest auto innovations. Because leases are only for a few years, you can refresh your vehicle often and always have the best new gadgets without the hassle of having to sell your vehicle and buy a whole new one yourself.
Return, Extend, or Buy:
Leasing offers flexibility you won't get any other way. When your lease ends, you can opt to trade the car in for a different one, but you can also choose to extend your lease or even purchase the car outright. Leasing a new vehicle is really a great chance to try out a vehicle and see if it could fit in with your lifestyle for years to come.