3 Benefits of Leasing a 2025 Toyota at Marianna Toyota

Leasing and buying are the two main ways to acquire a new Toyota. They’re both great choices and provide specific benefits, so the choice you make depends on your requirements and needs. As your Toyota dealership, we want to tell you about some of the leasing benefits you receive when you lease a new Toyota.

3 Leasing Benefits of Choosing a 2025 Toyota at Your Toyota Dealership

Lower Monthly Repayments

You must make monthly payments when you buy a car on finance or lease a car, but lease repayments are lower. When you buy a vehicle, your monthly repayments are the sum of the vehicle’s value plus interest on the amount borrowed. This amount is then divided by the loan term to yield the monthly repayments.

When you lease a vehicle, the amount you pay is the difference between the new vehicle’s sticker price and its residual value, which is its value at the end of the lease. Finance charges are added to this amount, which is then divided by the lease term duration to yield your monthly repayments. Since the difference between sticker price and residual is lower than the full vehicle price, your monthly lease repayments will also be lower.

Lower Maintenance Costs

If you buy a vehicle, you’re responsible for all its maintenance. These costs are low for a new car but will increase as the vehicle ages and more expensive components and systems require replacement. You can decrease these costs by choosing a vehicle service agreement, but this will increase your monthly payments.

When you lease, your Toyota is covered by Toyota Care for the first two years or 24,000 miles, whichever comes first. This program covers factory-scheduled maintenance like oil changes, tire rotations, and other services. In addition, a lease agreement is usually two to three years, so your costs are covered for all or the majority of the lease.

Hassle-Free Replacement

If you buy a car and want to replace it, you have to sell or trade it toward the cost of a new vehicle. A vehicle’s age, depreciation, and general wear and tear reduce its value, so you will need to add additional cash or finance to cover the cost of a new car. If you want to sell your vehicle privately, you can also face delays in finding a buyer.

When you lease a vehicle, you return it to us at the end of your lease, and you have several hassle-free choices for its replacement. You can renew the lease on the original vehicle, buy the original vehicle at its present value, or sign a lease on a newer Toyota model with the latest technology.

If you’d like to know more about leasing or want to lease a new Toyota, contact us at Marianna Toyota in Marianna, FL.

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