Enjoy the convenience of driving a new vehicle every few years, without having to negotiate a trade-in when you’re ready for the next one. In a lease agreement you pay for the use of the vehicle during the term of the contract. At the end of the term, you have the option to purchase the vehicle or return it. Leasing is a great way to lower your monthly payment and get more for your money, because you’re not paying for the full value of the vehicle. Instead, you pay for the portion of the vehicle’s life you use plus a rent charge, and official fees and taxes. You are also responsible for the cost of maintenance and insurance, and any applicable excess wear and use charges. Leasing provides the flexibility of replacing the vehicle without having to find a buyer for the old one: At the end of your term, simply return the vehicle in the condition agreed upon in your contract, pay any applicable end-of-term fees, and you’re ready for your next Toyota!
We offer a wide range of lease terms, and all new Toyota and Toyota Certified Used vehicles are eligible.
What happens at the end of my lease?
If you’ve never leased a car before, you may wonder what to do when your term is up. We have dedicated customer service professionals who specialize in helping you make sure the end of your lease goes as smoothly as the beginning. A few months before the end of your lease term, we’ll contact you to discuss your lease-end options and responsibilities. You may decide to take the option of purchasing your vehicle. However, if you choose to return it, our customer service representative will walk you through the process, explain how excess wear and mileage charges may apply, and identify any other fees for which you may be responsible. We’ll be with you every step of the way.
What are the benefits of leasing?
With leasing......At the end of the term, you must return the vehicle unless you choose to buy it. Your monthly payment may be lower because you are paying for the useof the car during the time you drive it (plus applicable charges). If you drive more miles than allowed in your lease agreement, you will be responsible for excess mileage fees. Excess wear and use fees may also apply, depending on the condition of the vehicle when you return it. If you wish to end your lease agreement before the end of the original term, you may be responsible for early termination charges. At the end of your term, you can return your leased vehicle, pay any end-of-lease costs, and walk away — or into your next vehicle.