THE FUNDAMENTALS OF LEASING
Leasing may be a more affordable way to bring your Scion home. Just like purchase financing, your monthly payment will depend on a few variables: your credit history and qualifications, the term of the lease, a rent charge, the value of the vehicle, and the residual value of your vehicle.
One way to lower your monthly payment is to have a large capitalized cost reduction, similar to a down payment when you're financing.
Though you don't own your Scion, you do get to enjoy driving it every day. At the end of your lease, you return the vehicle. But, if you like your Scion so much you'd prefer to keep it, there may be an option to buy the vehicle during the term of the lease or at the lease-end, so long as your lease vehicle agreement has a purchase option.
When leasing a car, you're essentially paying only for the vehicle's depreciation during the lease term plus rent charges (interest), taxes, fees and charges that may be owed during the lease. This usually makes monthly lease payments lower than a monthly loan or other finance contract payments.
Available on approved credit through Toyota Financial Services on new 2010 base models with automatic transmission. Not all customers will qualify. Other lease terms and conditions are available. Offer based on MSRP of $16,370 for xD, $17,470 for xB, $18,570 for tC, including delivery, processing & handling fee. Monthly payment may vary depending on final price of vehicle & your qualifications. Ask your dealer for availability of offers after these dates and for lease program details. Contracts must be dated between May 6th and Sept 30th, 2010. Not available in HI.
Leasing may be a more affordable way to bring your Scion home. Just like purchase financing, your monthly payment will depend on a few variables: your credit history and qualifications, the term of the lease, a rent charge, the value of the vehicle, and the residual value of your vehicle.
One way to lower your monthly payment is to have a large capitalized cost reduction, similar to a down payment when you're financing.
Though you don't own your Scion, you do get to enjoy driving it every day. At the end of your lease, you return the vehicle. But, if you like your Scion so much you'd prefer to keep it, there may be an option to buy the vehicle during the term of the lease or at the lease-end, so long as your lease vehicle agreement has a purchase option.
When leasing a car, you're essentially paying only for the vehicle's depreciation during the lease term plus rent charges (interest), taxes, fees and charges that may be owed during the lease. This usually makes monthly lease payments lower than a monthly loan or other finance contract payments.
Available on approved credit through Toyota Financial Services on new 2010 base models with automatic transmission. Not all customers will qualify. Other lease terms and conditions are available. Offer based on MSRP of $16,370 for xD, $17,470 for xB, $18,570 for tC, including delivery, processing & handling fee. Monthly payment may vary depending on final price of vehicle & your qualifications. Ask your dealer for availability of offers after these dates and for lease program details. Contracts must be dated between May 6th and Sept 30th, 2010. Not available in HI.
