Lease a New Toyota at Sloane Toyota of Philadelphia
You know that our team has a large selection of new Toyota cars, trucks, and SUVs ready to go home with you, and the shopping experience is exciting. When the financing discussion happens, we encourage our customers to check out our Toyota lease deals in Philadelphia. These lease specials are discounts that help you save on your favorite vehicles while enjoying competitive rates and lease terms near Northeast Philly. Each month we change these lease offers to give our customers more opportunities to save on a new Toyota Camry, Prius, or Corolla. Have you checked them out before?Toyota Lease Deals Customized to Your Needs
When browsing our selection of new Toyota 4Runner, Highlander, or Highlander Hybrid lease offers, Trevose drivers can be sure that there is something for everyone. We strive to offer you the best options for your budget, and that means changing these savings specials to give you every opportunity to get a great deal on your Toyota lease. Center City customers should bookmark this page and stay up to date on the latest offers and lease deals to avoid missing out on the right one for you.
Is Leasing a Toyota a Good Idea?
The answer to this question depends on your preferences. When you want to drive a new Toyota RAV4, RAV4 Hybrid, or Venza near Langhorne every few years, a lease gives you that option. Leases typically last for 24 to 36 months, so that means you'll be upgrading to a brand-new vehicle every couple of years. Leasing can also allow you to make smaller payments and reduce the chances that you'll have costly repairs since leased vehicles are typically still under warranty and won't reach major mileage milestones.
If you're the type of driver who wants to own a vehicle outright eventually, leasing won't give you that option. Leasing also doesn't let you go over an annual mileage limit without a fee, and you can't customize your vehicle to match your personality.
Can You Negotiate a Toyota Lease?
Yes! When you come to the financing table for your new Toyota Tundra or Tacoma, you can negotiate the lease to suit you. Just like a car loan, a Toyota lease has that flexibility to accommodate your wishes.
How Much Does Toyota Charge if I Go Over the Mileage Amount?
When you bring home your new Toyota Sienna, you have a certain mileage amount that you are not to exceed annually. Usually, this limit is around 12k miles. When you exceed this limit, Toyota typically charges between 15 cents and 25 cents per mile. For example, if you go over your lease limit by 1k miles, you could incur between $150 to $250 in fees.
Is it Better to Lease for 24 Months or 36 Months?
This question is another that requires more information to answer. Deciding which is better depends on your preference. Here's a quick breakdown of each option:
Residual Values:
On a 24-month lease, your depreciation rate is lower than a 36-month lease. When your leased vehicle has a higher value after the lease is up, that means you could get lower monthly payments. If you leased for 24 months, your payments could be lower than if you'd leased for 36 months. You can calculate these figures with help from our financing team.
Discounts:
Have you checked out our Toyota leases yet? There are sometimes better discounts and lease deals on financing for 24 months than for 36-month leases. Reading the fine print helps determine which is right for you.
Interest Rates:
Knowing your potential interest rate can help you calculate how much interest you'll end up paying over 24 or 36 months. Over 36 months, you'll pay more in interest than you would in 24 months since you'd have the vehicle for longer.
Contact our team today to learn more.