Buy or Lease a Toyota

Why Buy Your Next Toyota?

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Experience the Freedom of Ownership

Whether you’re a recent college graduate or a loyal Toyota owner who’s looking for an upgrade, our finance programs can put you on the road in your very own Toyota. Finance Program Details

Plan to keep your Toyota for a while? Drive more than 25,000 miles a year? Or just want the thrill of ownership? Get the details of the Toyota Financial Services (TFS) Finance Program.

Finance your vehicle through Toyota Financial Services and you can expect the same high standards that you associate with Toyota vehicles. When shopping for a new or used vehicle at Maplewood Toyota, ask us about financing through TFS.

Finance Terms

  • All new Toyotas and current through five-year-old Toyota Certified Used Vehicles (TCUVs) are eligible.
  • 24 to 72 month contract terms are available (TCUV terms depend on vehicle age).

Your monthly payment will depend on:

  • The vehicle you select
  • Annual Percentage Rate
  • Amount of down payment
  • Length of finance term
  • Amount you finance

Get more information on Understanding Credit.

Toyota Certified Used Vehicles

Used vehicles are some of the best values around, and financing your Toyota Certified Used Vehicle through Maplewood Toyota and TFS is no exception. Maplewood Toyota and TFS offer flexible terms and new-vehicle financing APRs to qualified applicants. And Toyota factory-trained technicians recondition and certify your vehicle, so you’ll know it’s in great shape. For more information on the Toyota Certified Used Vehicle program, Click Here.

Why Lease Your Next Toyota?

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People change. Vehicles change. Our leasing programs give you the freedom to change while meeting your budget needs.

Lease Program Details

What if you could drive a different Toyota every few years? Avoid the hassle of selling or trading in your car? And pay typically lower monthly payments than if you were buying the same vehicle? You can.

Leasing can offer the best of all worlds – the vehicle you want, at a monthly payment that’s typically more affordable than buying. Toyota Financial Services’ leasing programs help make it happen.

With a lease, you may pay less cash upfront and enjoy lower monthly payments than you would if you were financing your vehicle. You also have the flexibility of turning the vehicle in at the end of your lease, without having to worry about selling your vehicle at the end of the lease.

Ask your dealer about leasing through TFS. We offer 24-60 month lease terms on all new Toyotas.

Lease Details

  • Costs at lease signing. The amount you pay at lease signing may be lower than the amount you pay at the beginning of a finance contract. To view our monthly specials, Click Here.
  • Purchase option. You’ll have the option to purchase your lease vehicle during the lease or at lease-end.1
  • Mileage limits. The total allowable mileage disclosed on the lease agreement is calculated by dividing the number of months in the term by 12 and multiplying this amount by 15,000 (standard lease) or 12,000 (low mileage lease). There are options for more miles allowed as well. For example, a standard lease with a 36 month term is calculated as follows: 36 month term divided by 12 = 3 years; 3 years multiplied by 15,000 miles = 45,000 total allowable miles.1
  • Excessive wear and use. Damages exceeding normal wear and use may be charged at lease end.1
  • Disposition fee. A disposition fee will be applied at lease end (on lease contracts signed after January 3, 2011) to help cover the costs to dispose of or sell the vehicle.
  • The fee will be waived on the existing lease for qualifying customers who return to lease or finance their next eligible vehicle with TFS through the Toyota dealer.2
  • Early termination charge. If you terminate your lease early, you will be required to pay an early termination charge.1
  • Tax benefits. If you use your lease vehicle for business, you should consult with your tax advisor regarding potential tax benefits.

Benefits of Leasing vs. Buying

  • Less tax paid – you will only pay tax on part of the purchase price as opposed to all of it.
  • Greater liquidity – with a (typically) lower montly payment you have more money in your pocket every month.
  • Affords a shorter term/responsibility – leases are typically 24 or 36 months vs. 60 month or longer finance contracts leaving you on the hook for a shorter period of time.
  • You can much more easily wipe out negative equity from your current vehicle with a much lower impact to your monthly payment.
  • Less maintenance cost – your out of pocket expenses for maintenance are much lower with a lease vs. a finance contract. With ToyotaCare you will be covered for the majority of the lease.
  • The fee will be waived on the existing lease for qualifying customers who return to lease or finance their next eligible vehicle with TFS through the Toyota dealer.2
  • Raise your credit score – with a lease, your debt to income ratio will be better than vs. a purchase contract raising your credit score.
  • Eliminates risk from diminished value due to an accident – if your vehicle is in an accident which will show up on CarFax, your vehicle will most likely be worth less if you go to trade it in. If you leased that vehicle, simply turn it in and you won’t have to take that hit!
    1. This information will be disclosed in your lease agreement. See your lease agreement for details.
    2. Offer to waive the disposition fee for qualifying customers in good standing with TFS who purchase/lease a new or certified used Toyota or Scion or a new or certified pre-owned Lexus within 30 days of lease return.