Leasing is a great way to get into the Toyota of your choice. Toyota Financial Services (TFS) remains committed to helping you to do just that. Our financing department will work with you to find an affordable lease agreement. Contact us at (250) 352-2235 or online today to learn more. Here's just a few of the benefits and advantages that leasing with TFS delivers.
With a lease, you only pay for the portion of the vehicle that you actually use so monthly payments are lower than for a loan for the same car and term. In addition, leasing rarely requires a down payment and you don't pay an upfront tax on the entire value of the vehicle just on the monthly payment.
A lower monthly payment often means that you can get 'more car' for your money. In fact, many customers find they can lease a new vehicle for less than the finance payment on a used vehicle! The TFS can also structure the lease to suit your trade cycle – so that you can drive 'new' more often.
If you lease for a term that coincides with the length of the manufacturer's warranty, repairs will always be covered. In addition, leases automatically include Gap Protection where, if your vehicle is damaged beyond repair, TFS will cover the difference between what you owe on the lease and the amount of your insurance settlement.
24,000 kilometers per year are included in your lease; and, you can buy additional kilometers up-front at a reduced rate. In addition, the trouble and expense of selling a used vehicle are eliminated. TFS assumes responsibility if you choose not to buy and there's no acquisition or disposal fees if you return the vehicle within the lease terms.
At the end of your lease, you have the option to purchase the vehicle at the Lease End Value indicated in your contract, return the vehicle as provided in the lease, lease or finance another Toyota vehicle. It's your choice.
TFS offers competitive rates and flexible terms all set out in plain language in a closed-end lease that discloses all details and guarantees the lease-end value of your chosen vehicle. TFS also offers convenient financing and great rates should you choose to purchase the vehicle at the end of your lease