Discover the Immediate and Long-Term Benefits of Leasing a Toyota
Considering the rapid pace at which vehicles are updated and redesigned in today’s ever-changing world, it is no surprise that drivers want to experience the latest automobile enhancements just as fast. One of the easiest and most cost-effective ways to test out a current model is by leasing it at Bill Dube Toyota. Toyota’s lease plans give prospective customers the opportunity to make low monthly payments on a new Toyota every few years. This means you are not only driving around Dover NH in a warrantied vehicle with up-to-date features, but also staying within your preferred automotive budget.
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Pros and Cons of Toyota Leasing Plans
When you lease one of the newest Toyotas from Bill Dube Toyota, you could shell out less cash initially (or even put zero down) and pay a lower monthly rate compared to financing the car. Additionally, leasing allows you to avoid the hassles of selling or trading in your automobile once the contract ends. Listed below are some more of the major benefits to leasing, along with a few downsides for comparison:
Advantages of Leasing
- Access ToyotaCare with roadside assistance
- Fully covered for routine maintenance
- Prevent investing in a depreciating vehicle
- Drive brand-new models featuring advanced technology
Disadvantages of Leasing
- Maximum limit of miles
- Possible fees for going over mileage
- Length of lease contract locks you into the chosen vehicle (rare exceptions)
- Not allowed to heavily modify or customize a leased automobile
As an added bonus, Bill Dube Toyota leases come with a 12,000-mile/one-year state inspection, two-year/25,000 no-cost maintenance plan, waived security deposit, and a full tank of gas. The title or acquisition fee and administration charge are included, as well.
Fantastic Lease Programs Offered to Dover Drivers
We understand many factors go into deciding which car, truck, or sport utility vehicle (SUV) fits your life the best, especially regarding financial aspects. To help make this part of the process less stressful and ease your mind, Toyota Financial Services (TFS) provides the following lease assistance for customers who meet the requirements:
- College Graduates– If you earned your degree within the last two years or will in the next six months, you may qualify for a $750 rebate on leasing select new Toyotas and competitive terms on untitled Toyota vehicles.
- Military Members – As a genuine show of appreciation for your courageous service to our country, eligible active-duty U.S. military personnel, recent retirees or veterans (one year), and their families receive a $500 rebate when they lease a new Toyota.
- Toyota Certified Used Vehicles (TCUVs) – TCUVs are such a great value for interested lessees and only the top pre-owned vehicles from our inventory make the list. You can choose terms from 24 to 60 months, depending on the model year and/or mileage.
- iFi Program – Whether you have limited finances or a short credit history, you can still sign a lease contract on certain new Toyota models without the need for a co-applicant. Imagine driving off our lot knowing you were the sole lessee signature on the dotted line.
If you would like additional information about the above lease programs, give us a call at 888-492-3896. Our friendly Toyota experts in Dover NH are happy to answer any of your questions in a straightforward manner.
Main Leasing Details You Should Know
A lease is usually either 12,000 miles (low-mileage terms reduce monthly payments) or the standard 15,000 miles per year, but you can also elect for up to 30,000 miles on the latter contract. If you plan to drive a high amount, leasing is certainly a smart move, because it thwarts the possibility of a negative equity situation. Your lease might require upfront costs, including:
- First month's payment
- Lease acquisition fee
- Registration and inspection
- Capitalized cost reduction
At the end of your lease, there are either no extra charges or just a couple if you have not exceeded the agreed upon miles and stayed out of harm’s way. You only pay a disposition fee when you return the vehicle and completely leave Toyota. Furthermore, you are given the option to pay the residual value of your leased car, truck, or SUV and buy it out from Bill Dube Toyota. We recommend the buyout step for lessees who are ready to own their vehicle or went beyond the maximum mileage and want to eliminate paying a penalty. Regardless of your decision, Bill Dube Toyota and TFS make the entire leasing route simple and worth your time.