• Toyota

Sloane Toyota of Philadelphia

1546 Cottman Avenue
Philadelphia, PA 19111

  • Sales: 215-742-9300
  • Service: 215-742-9302
  • Parts: 215-742-9306

Leasing Options

So the lease on the vehicle you are driving is almost up. Did you know that you have THREE great options to choose what to do next?


Option 1:  I would like to get information on purchasing my leased vehicle.

Smart choice!  Because Toyota vehicles are built to such a high standard, many of our guests choose to buy their leased vehicle after the lease term ends.  After all, you maintained and drove the vehicle, so you know exactly what you're buying, at a significant discount off the original MSRP.  Our Sales Department can assist you with this and explore any other option that might benefit you.  They can be reached by calling the number above or submitting an inquiry in the form on the right side of this page.

Option 2:  I would like to turn in my leased vehicle and purchase or lease a new Toyota.

Great!  Let's get back that new car smell, and enjoy the latest safety technology and creature comforts that make Toyota vehicles so special.  Or, for the most current information and guidance on other options that might benefit you, please contact our Lease Return Specialists by either submitting an inquiry in the form on the right of this page or calling the sales number above.

If you simply want to turn in your leased vehicle, we can help with that also.  Here are the steps to take:
         1. Drop off your vehicle at our New Car Sales Department at the address above and ask for a manager.
         2. Please be advised that leasing banks will charge you a Lease Termination Fee.  You may also be charged for excess mileage above your contracted terms and/or any excessive wear and tear.   Any such charges are not levied by our dealership, but rather by the leasing bank.  Please also know that you will remain as the registered owner until the leasing bank re-sells the vehicle to another consumer.  This re-sale process can take several months.

Option 3:  I would like to extend my current lease. 

Please contact the Bank that your vehicle is leased with.  For Toyota Financial Services, the toll-free number is (800) 874-8822.

  • Toyota

1546 Cottman Avenue
Philadelphia, PA 19111

  • Sales: 215-742-9300
  • Service: 215-742-9302
  • Parts: 215-742-9306
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