We want to announce our new Toyota inventory at our dealership. We offer our customers leasing and financing options for new Toyotas. If you aren't sure which one to choose, Kokomo Toyota will discuss the benefits of each.

Benefits of Financing

A vehicle loan is ideal if you need a Toyota for driving around Kokomo, IN, but you don't want to wait on saving cash. Since you make payments over time, you can stretch your budget and save money for other things you need. There are no restrictions on mileage, and when you pay off the loan, you fully own it.

You can customize it, and after you pay the loan in full, you may sell it or trade it for another model. Financing a Toyota helps you build credit by making timely payments, which can get you better purchase rates. Many dealers allow you to pre-qualify online to determine eligibility for a loan, so it doesn't hurt your credit and saves time.

Benefits of Leasing

Sometimes, leasing a Toyota costs less because payments are based on depreciation for the duration of the lease. If you don't like selling and negotiating, you can give it back to the dealer after the lease is up. You may be able to deduct some or all of the expense of leasing a vehicle

You commonly don't have maintenance concerns since the maker's warranty covers it for the length of the lease. A lease allows you to try a newer Toyota every few years so that you may choose a more luxurious vehicle. It is like taking it for a long test drive, and you often have the option of buying it at the end of the lease.

You can head over portal today to begin your financing application. We look forward to seeing you soon.

Categories: New Inventory, Finance