Toyota Lease vs. Finance: Which Is Right For You?

October 3rd, 2023 by

Are you wondering if you should buy or lease your next new vehicle? You’re not alone. This is a dilemma many of our customers face. It can be difficult to know which is right for your specific situation. The Blackstone Toyota finance team is here to help. We can walk you through the benefits of leasing and buying, talk about the pros and cons of each, and guide you through the process at our dealership near Selma.

Benefits of Leasing

Many Madera drivers are leaning toward signing a lease these days. Monthly payments are usually lower because you’re not paying the full retail cost of the model you choose. You can also count on saving money on maintenance since you’ll be driving your vehicle during its most maintenance-free years. Plus, leasing provides a great deal of convenience for those who don’t wish to concern themselves with resale or trade-in value. You can simply return your Toyota when your lease is up.

Benefits of a Car Loan

You may be someone who would rather buy a new Toyota and reap some of the benefits it can offer. Buying lets you decide how long to keep your vehicle. There are no penalties for early termination, and you can also drive around Clovis payment-free long after your loan is paid off. In addition, buying a Toyota model with conventional financing gives you the freedom of ownership and lets you avoid lease stipulations like annual mileage limits.

Apply For Financing at Blackstone Toyota in Fresno, CA

No matter whether you buy or lease your next Toyota vehicle, applying for finance online is the first step to obtaining the terms you deserve. This step can simplify and streamline your car shopping experience by completing some paperwork before you visit the dealership. You can also speak to a finance representative by phone or in-person at our dealership near Lemoore for personalized guidance. Our finance team can work with your budget and listen to your needs to help you find an ideal financing solution for your lifestyle.

Posted in Uncategorized