Have you been wondering if you should buy or lease your next new Toyota car in Phoenix? It can be a tough decision, as both options are right for certain people with certain needs and budgets. To help you decide which option is best for you, we've listed out a few of the biggest benefits of Toyota leasing, so you can choose what's right for your family and your budget.
- A lower down payment.
If you've been putting off buying that dream car you saw at Camelback Toyota because you wanted to save up enough money for a nice down payment, then leasing might be a better choice for you. When you lease, you're only financing a portion of the car's value, which means that you won't have to put down as much money upfront. That's why leasing opens a lot of doors for people who might not have been able to purchase a new car in the past.
- More car, more often.
Leasing is very popular with people, not only because of the cost-saving benefits, but also because people like to drive newer, maybe even pricier, cars every few years. So if you like the idea of trading your car in for a new car every three years or so, leasing might be the right choice for you.
- Less money devoted to maintenance and repairs.
Most leased cars are carried under a manufacturer's new car warranties, which generally cover the costs of mechanical issues during the first few years of ownership. Because most lease terms tend to last as long as these warranties, you're looking at lower overall costs when maintaining your new car.
- Lower monthly payments.
Like we said above, leasing is very attractive to new car shoppers because of the lower costs associated with it. This also applies to monthly payments that tend to be lower when leasing, because of the smaller amount that is being financed.
If you'd like to find out more about the many leasing options and incentives we have here at Camelback Toyota, visit us today at our convenient location on Camelback Road in Central Phoenix!