How Can I Afford a New Toyota Model?
Not
sure how you can afford the new Toyota you want? Not to worry! Our
financiers have both the skills and the knowledge necessary to help you
discover a solution that works best for you. They will take your
individual preferences into consideration and help you determine whether
an auto lease or loan is more suitable for you. Upon deciding which
route will benefit you the most, they will help you customize a payment
plan that suits your budget and your credit situation as well. That way,
you can complete the process stress-free!
Should I
Lease or Loan My New Car?
There are two ways in which
you can obtain your new car.
The first is to apply
for a lease. This method is in principle similar to borrowing since the
vehicle in question still belongs to the dealer. However, monthly
payments are greatly reduced for this reason. Down payments are also
exempt or lower in most cases. In other words, you can save more money
immediately with a lease. Once the term ends-usually three years at
most-you have the option to trade the model in your possession for
something newer or pay it off completely for sole ownership.
The second is to apply for a loan. This essentially
means that you are making a commitment to purchase the vehicle you
choose. Monthly rates tend to be higher, but you will be saving more
money in the grand scheme of things because the model will be yours to
keep once the final payment is made. Not to mention, unlike a lease, you
have the freedom to customize it to your liking and drive it as much as
you want without being subject to any penalty fees. In this way, opting
to buy a new Toyota is a long-term investment.
Visit Toyota of Milford Today in Milford,
MA.
Serving Marlborough,
Framingham, Worcester & Franklin
Drivers
Whether you reside in Worcester
County to the north, Franklin to the south, or further beyond, we hope
that you will keep our dealership in mind the next time you are
contemplating buying or leasing a new Toyota model. After all, here at Toyota of Milford, there is nothing that delights our team more than
seeing satisfied customers leave our lot in Milford, Massachusetts,
with a vehicle that will enrich their lives. We look forward to the day
when we can hand you the keys to your new car, truck, or SUV
too!