Purchasing a new Toyota is an exciting venture. One of the biggest things you have to decide is whether you should purchase or lease your next vehicle. Since there are many of people, who will not outright buy a vehicle, they must decide whether a loan or a lease is better suitable for them. There are pros and benefits to each one.
Leasing a Vehicle
Your monthly payments tend to be lower
Length of ownership coincides with vehicle warranty
You can trade in for newer models
Using a Loan
You build equity
In the end you own the vehicle
The ability to shop around with multiple lenders
If you are still tentative about whether you should lease your vehicle or take out a loan to purchase your vehicle simply stop into our dealership at Shore Toyota today and speak with one of our knowledgeable staff members. They can better assist you on what the right choice for you is.