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Toyota Lease vs. Buying in Hammond, LA, Serving Ponchatoula, Covington, and Mandeville

Toyota Lease vs. Buying in Hammond, LA, Serving Madisonville, Natalbany, & Ponchatoula

At Supreme Toyota in Hammond, LA - serving Madisonville, Natalbany, and Ponchatoula - we want to make your decision to buy or lease a simple one, so we're providing all the information you need about leasing vs. buying. If you're wondering what the right option is for your lifestyle, you can keep reading to see the advantages of both options before making a final decision.

Consider leasing a new Toyota if...

  • You rarely cross 10,000 miles at the end of the year. Most leasing options are between 10,000 and 15,000 miles per year, but there are higher mileage options if you're just barely going over these amounts.
  • You want smaller payments. You're only paying for the time that you actually use the vehicle, so the payments on a lease are much lower than if you purchased your vehicle.
  • You appreciate staying up to date with the latest models and technology. Once your two- or three-year lease is up, you can upgrade the latest Toyota you've been eyeing.
  • You worry about maintenance costs after the warranty runs out. With ToyotaCare, you'll have a no-cost maintenance plan and 24-hour roadside assistance for 2 years or 25,000 miles, whichever comes first. More than likely, the basic warranty (36 months/36,000 miles, whichever comes first) will most likely cover your vehicle for the entirety of the lease.
  • You could care less about vehicle customization. You just need a vehicle to get you where you're going safely.

Consider buying a new Toyota if...

  • You drive a lot every year and pack on the miles. When you have ownership of your vehicle, there are no mileage restrictions. Go wherever the journey takes you. Just remember that mileage does affect resale value.
  • You like the idea of ownership. Want to keep that new car for years to come' Enjoy the satisfaction of true ownership when you purchase a new Toyota rather than leasing one.
  • You want all the customizable features and upgrades you can get. Owning a Toyota gives you the freedom to add body kits, spoilers, engine upgrades, entertainment systems, and more.
  • You're okay with handling the maintenance costs after the warranty. Keeping up a vehicle is a normal part of life, and you know you'll have things covered once your warranty has expired.

Hopefully, you've found this information helpful during your car shopping experience. If you're ready to get your new Toyota, or you need more help figuring out the best option for your lifestyle, call Supreme Toyota today to schedule an appointment.