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.

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