Toyota Leasing in Calgary, AB
When you have that shiny new Toyota in your sights, there’s a few options for you, either to lease it, finance it or buy it completely. Leasing is a method that everybody’s aware of, but may not know the exact particulars of why it’s such a popular option here in Calgary. A lease is a fixed period agreement where you pay for the ability to drive the vehicle, its maximum kilometres and what the Lease End Value will be at the end of the term. Leasing is a favoured route on Toyotas because it lets customers drive a new vehicle, but without any long-term baggage, and ability to upgrade into an even newer model in the future. This all adds up to less commitment, no service costs over the long-term and not having to worry about selling the vehicle when you’ve had enough. Read on with us at Charlesglen Toyota as we further outline how leasing works, its benefits and how you can lease right here at our dealership.
Click here to see our financing vs. leasing comparison!
Toyota Lease Process: Beginning to End
Choosing Your Lease Term
Flexible is the operative word when it comes to leasing a Toyota. The term is flexible to your needs, where you can choose a term between 24 – 60 months, letting you pick a contracted period that works for you. Should you want to get out of the lease earlier, they’re transferable, allowing you to sell the remainder or transfer it over. Choose from 16,000, 20,000 or 24,000 km per year, along with extra able to be purchased before the lease (or during at an increased rate).
Service & Maintenance
Your service & maintenance costs will be on the low-end, given the new status of the vehicle, but there are many programs and plans you can get for peace-of-mind. A Wear Pass Plan covers you beyond just typical wear and tear throughout the term (with things like cracked windshields and dents in the exterior). This service only adds a small charge per month, a worthy exchange for added protection.
End of Lease
When the term of your lease comes to and end, you’re met with three options:
- Lease or finance a brand-new Toyota
- Buy the vehicle for its Lease End Value
- Return your leased vehicle
If you’re a lease driver and you’ve already been pre-approved for a new vehicle that means you’re also pre-approved for the lease end buyout. Purchasing your vehicle at its lease end equals no credit checks. This entire process has been made to be as simple as possible to make it officially your car.
Benefits of Leasing
Low financial commitment
No long-term commitment
Gap Insurance
Lease a Car at Charlesglen Toyota
If leasing sounds like the perfect option for you and that new Toyota you have your eyes on, we’d love to help you get started. You now know the ins and out of what leasing offers and its benefits, so now it’s time to formulate your tailored lease plan. Get in touch with us here at Charlesglen Toyota, whether through the form below, by phone or visiting us in person. We look forward to finding the perfect leasing plan for you!