Thinking about signing a Toyota lease? Or are you leaning more towards owning your next vehicle? Here at Bell Road Toyota, we offer a convenient lease-to-own program for all types of drivers.
How Do Leases Work?
When leasing a vehicle, you essentially agree to “borrow” it from a dealership. You agree to a predetermined term and lease price that are determined by looking at the total value of a vehicle and subtracting its estimated value at the end of your lease. That is then divided into monthly payments that you must make until the end of your lease.
Benefits of Leasing
The biggest benefit of leasing is all the savings you'll get to enjoy. Leasing lets you get into a new vehicle more affordably than buying or financing. If you are shopping with a limited budget, leasing is a great way to get the modern design and technology features you crave without the new vehicle investment.
As a bonus, your vehicle is typically covered under warranty throughout your lease, which can help you keep service and repair costs down.
Leasing to Own
Want to take advantage of the perks of leasing but also keep your vehicle? At Bell Road Toyota, we have lease-to-own options for you to choose from, no matter what your financial restraints look like.
If you agree to a lease-to-own purchase, you must sign a contract when you first secure your lease, agreeing that you will purchase it at the end of your lease. You’ll still enjoy low lease payments during the duration of your term (which typically lasts from two to three years).
Reach out to our Phoenix Toyota dealership to hear more about our lease-to-own options. We look forward to assisting you soon!
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