Leasing vs Buying a Toyota

There’s a world of difference between leasing vs. buying a Toyota vehicle, and at Fremont Toyota Sheridan, we’ve written an overview of those differences to help you navigate the field. We want our customers near Sheridan, Buffalo, and Gillette, WY, to know the differences between both options in order to make a more informed decision.

Our Toyota Finance Center

Our team of financial professionals who staff our center are here to make your car-buying journey streamlined. They’ll work one on one with you to secure the type of financing that best works for you and your lifestyle’s needs, whether that’s an auto loan or a lease offer.

To fully prepare you for this, we offer a bevy of online tools that we encourage you to utilize early on in the process. They are as follows:

Credit Application: This tool allows you to apply for financing online beforehand and gives our team extra time to prepare for your arrival at the center. They’ll be able to work up personalized payment options that can help you out in the long run.
Payment Calculator: This helpful tool can help you learn what’s the estimated monthly payment you’ll be responsible for when entering a financing deal. It can also calculate your purchasing power, giving you an idea of what kind of vehicle you can afford.
Value Your Trade: After providing some basic information about the vehicle you’re choosing to trade in, this tool will return a market-based evaluation of its worth. It’s up to you to then decide between trading it for credit or cash.

Using these tools can give you the head start you need!

Advantages of Leasing a Toyota

A major advantage of leasing a Toyota is that it isn’t ownership. Many of our drivers cite this as a key reason they choose a lease offer. With a lease, you don’t have to be concerned with the responsibility of a long-term commitment. Since lease deals tend to have short lifespans, you’re able to come and go much more easily.

Following on that aspect, having a short lifespan also allows you to drive the newest models on the market. You can move from lease to lease in quick fashion giving you the opportunity to experience the newest Toyota models hitting the market with advanced technology and hardware upgrades.

A final advantage is that a lease is easy to end. You have different options from a simple drop-off to a re-leasing.

Advantages of Buying a Toyota

A key advantage of ownership is that your Toyota is completely yours. You can customize it to better emphasize your style and personality. You’ll also have no mileage restrictions, allowing you to travel anywhere and everywhere you want to go.

Another advantage is that with buying, you’ll be your vehicle’s first owner. This grants an especially unique sense of peace of mind while driving.

When you’re an owner, you’re able to sell or trade in your vehicle. That’s terrific if you consider your vehicle an investment to be used later on down the line.

Schedule Your Test Drive Today!

Now that our customers near Sheridan, Buffalo, and Gillette, Wyoming, know more about the differences between leasing vs. buying, it’s time to act. Make today the day you call ahead to schedule a Toyota test drive of your own with us at Fremont Toyota Sheridan!