Leasing
Drive the Toyota of Your Dreams
People change. Vehicles change. Our leasing programs give you the freedom to change while meeting your budget needs.
Leasing Programs:
Leasing can offer the best of all worlds – the
vehicle you want, at a monthly payment that’s typically more affordable
than buying. Toyota Financial Services' leasing programs help make it
happen.
With a lease, you may pay less cash upfront and enjoy
lower monthly payments than you would if you were financing your
vehicle. You also have the flexibility of turning the vehicle in at the
end of your lease, without having to worry about selling your vehicle at
the end of the lease.
Ask your us about leasing through TFS.
We offer 24-60 month lease terms on new Toyotas and qualified Toyota
Certified Vehicles. (Toyota Certified Used Vehicle terms depend on
vehicle age).
Lease Details
- Costs at lease signing.
The amount you pay at lease signing may be lower than the amount you
pay at the beginning of a finance contract. This amount may include the
following:
- first month's payment
- acquisition fee
- refundable security deposit
- taxes and fees
- capitalized cost reduction (similar to a down payment)
- Purchase option. You'll have the option to purchase your lease vehicle during the lease or at lease-end.1
- Mileage limits.
The total allowable mileage disclosed on the lease agreement is
calculated by dividing the number of months in the term by 12 and
multiplying this amount by 15,000 (standard lease) or 12,000 (low
mileage lease). For example, a standard lease with a 36 month term is
calculated as follows: 36 month term divided by 12 = 3 years; 3 years
multiplied by 15,000 miles = 45,000 total allowable miles.1
- Excessive wear and use.
Normal wear and use on a vehicle is inevitable, but if the damage is
considered excessive at lease-end, you may be held financially
responsible. The TFS Excess Wear & Use Protection Plan can help.
Learn more
- Disposition fee. A disposition
fee will be applied at lease end (on lease contracts signed after
January 3, 2011) to help cover the costs to dispose of or sell the
vehicle.
The fee will be waived on the existing lease for
qualifying customers who return to lease or finance their next eligible
vehicle with TFS through the Toyota dealer.2
- Early termination charge. If you terminate your lease early, you will be required to pay an early termination charge. This amount may be substantial.1
- Tax benefits. If you use your lease vehicle for business, you should consult with your tax advisor regarding potential tax benefits.
Lease-End Options
Learn more about what options you have at the end of your lease.
College Graduates
If you received your degree within the last two years, you could
qualify for a $1000 rebate on the lease through your Toyota dealer and
Toyota Financial Services (TFS) on select new Toyota vehicles. [2]
Learn more
Military Rebate Program
You serve us. We'd like to return the favor. In appreciation of all
that you do, Toyota is offering a special $500 rebate to eligible
inactive and active duty personnel. [3]
Learn more
Toyota Certified Used Vehicles
Used vehicles are some of the best values around, and financing your
TCUV through a participating Toyota dealership and TFS is no exception.
Through participating dealerships, TFS offers competitive terms on some
of the best used cars in town. And Toyota factory-trained technicians
recondition, if necessary, and certify your vehicle, so you'll know it's
in great shape.
Learn more
Business Solutions Program Details
Selecting the right financing is as important as choosing the right
vehicle. Whether you own a home-based business, are a general contractor
or run a large corporation, our flexible programs can help you obtain
the Toyota vehicle you need with the right leasing options for your
business.
Learn more
iFinance
Limited credit? No worries. Through a participating dealership, our
iFinance Program can help you into a new Matrix or Yaris without a
co-lessee.
Learn more
