Leasing vs. Buying a Toyota

Our Finance Center

The financial professionals that staff our finance center are here to streamline your car-buying journey. They’ll work one on one with you to secure the type of financing that works best for your specific circumstances, whether that’s securing an auto loan or engaging in a lease deal. We’re here to help take you from admiring a Toyota vehicle to getting behind the wheel of one.

To prepare you, we offer a few online tools that we encourage you to utilize early in the process for full benefit. These are. . .

• Credit Application: This allows you to apply for financing online and lets our team of experts prepare for when you arrive at our dealership. A bonus advantage to this tool is that it cuts down the amount of paperwork you’d normally fill out in the finance center.
• Value Your Trade: By providing some information about your desired trade-in, you’ll receive a market-based estimate. You then have seven days to cash in your offer at our dealership. You can put that toward a down payment or trade-in credit, whichever better fits your lifestyle.

Using these tools can help you get the head start you need!

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Advantages of Leasing

When you lease, you don’t have the responsibility that comes with ownership. Having a short-term commitment can be liberating. Lease deals tend to have short lifespans, generally two to three years, which means you’re able to come and go much more easily than if you were an owner.

Picking up on that thread of short lifespans, leasing gives you the opportunity to climb behind the wheel of the newest models hitting the market. You’ll be able to experience all the new technological upgrades and hardware improvements before others.

Finally, another advantage is that a lease is easy to complete once the term ends. You’ll have multiple options, ranging from a simple return drop-off to re-leasing.

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Advantages of Buying

One of the key perks of buying your vehicle is that it’s completely yours. You’re free to customize it in any way you’d like to make it better reflect your style and personality. That sense of freedom continues into the places you travel to and from, as you won’t have any mileage limitations or other restrictions.

Additionally, a significant advantage of buying—at least when it comes to new models—is that you’ll be its first owner. Not only will you experience total peace of mind but you can also feel fully confident about your investment. When you sell a vehicle, having only one owner makes it that much more attractive to potential buyers.

Schedule Your Test Drive Today!

Now that our customers in and around Jackson, Madison, Brandon, and Ridgeland, Mississippi, know more about the differences between buying and leasing a Toyota vehicle, it’s time to act. Be sure to schedule your Toyota test drive today with us at Toyota of Jackson!