Should You Lease Your Car Instead of Buying It?

When you're looking for your next car, there are more factors to consider besides just what you want. One of the biggest? How you're going to pay for it. Learn more about leasing with these frequently asked questions!

Luckily, the finance team at Royal Moore Toyota has options. We can send you home with a lease agreement that makes the new Toyota car you want more affordable.

The Benefits of a Toyota Lease

Whether you're hoping to go home in something like the Toyota RAV4, 4Runner, Highlander, or Tundra, there's no lack for good reasons to utilize a lease. An alternative to more traditional loans, a lease is similar to a long-term rental agreement. You don't technically own the car, but you have the right to use it for the duration agreed on in the terms of your agreement.

Why do some Hillsboro drivers prefer a lease? There are lots of good reasons:

• Monthly payments tend to be smaller with a lease than with a loan.
• It's easier for many drivers to qualify for a lease than a loan. Even without a down payment.
• Your Toyota vehicle will be protected by a thorough warranty for the entire duration of your lease.

The only real con of a lease is that you don't get to keep it at the end. And even that can have its perks. If you're the kind of driver that likes to keep up with the latest models, a lease agreement can make it easy to shift from an older vehicle you no longer want to a brand-new model.

Contact Our Finance Center Staff Today

Interested in securing a Toyota lease of your own? Reach out to our sales team and let us know. We'd love the opportunity to tell you more about the current financing options available at our dealership. Don't hesitate to get in touch with us today.