Lease vs Buy

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Lease vs. Buy

Finding the right type of payment plan to suit your needs is just as important as finding the right Toyota for driving near Troy, Warren, and Southfield, Michigan. That's why today, at Suburban Toyota of Troy, we want to compare the reasons you might lease vs. buy or vice versa.
Read through our guide today to get the inside scoop on how our finance team can help you get pre-approved for the payment plan you prefer.
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Benefits of Leasing
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Leasing is a great option for drivers who are interested in flexibility. After all, a lease provides you with the ability to possess a car for a set number of months and miles. Once the lease contract ends, you're free to pursue a new car through another lease or to go out and make a purchase.
On top of that freedom, you may even be able to convert a lease into a purchase if you end up falling in love with the car that you've been trying out.
Be sure to take advantage of all the perks that can come from a lease deal and explore different:
  • Down payments
  • Interest rates
  • Lease lengths
With options for early returns and beyond, there's so much to enjoy when you're ready to drive footloose and fancy-free.*

Benefits of Financing
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If you're ready to bring a new car into your life, financing is the more permanent solution. Financing is also a good way to build credit since you'll be paying for a new or even used car over time.
Financing also offers plenty of possibilities, with just as many different down payments and interest rates to uncover. Plus, the best perk of financing a car is that it's now yours and you have the freedom to drive it as you please and customize it with exciting accessories.
Whatever type of credit you might have or the interest rate you might qualify for, there's always plenty of room to consider new alternatives when you pursue a purchase.
Benefits of Financing
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Toyota Lease and Finance Offers
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Be sure to consider all the perks of leasing vs. buying when you contact our team. We're on hand to answer any questions you might have about either payment plan choice to ensure that you can find the right fit for your drives.
Plus, if you are ready to pursue a model in either a lease contract or financing plan, it'll be easy to work with us when you utilize:
  • Online application
  • Express Shopping
  • Rolling promotions and specials
Potentially get pre-approved for the type of payment plan you prefer when you check out our online application. From there, our team will be able to personalize a plan for you. If you have your eye on your ideal Toyota vehicle already, you can begin your financing or leasing journey in our online Express Store.
With different rolling promotions and specials to offer, lean on us to make sure you get behind the wheel.
Learn More About Leasing vs. Buying
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Let us answer more questions you might have about leasing vs. buying when you contact our team at Suburban Toyota of Troy. We look forward to helping you find the right payment plan near Troy, Warren, and Southfield, MI!
*Early lease end termination fees may apply.