Toyota Lease Returns
As your lease approaches its end, it's time to evaluate your next steps. Whether you're considering upgrading to a new Toyota, holding onto your current vehicle, or simply returning your lease, Joe Myers Toyota is here to support you every step of the way.
Option 1: Upgrade to a New Toyota
When your lease ends, you have the chance to experience the latest Toyota models. Trading in your current vehicle makes upgrading to a brand-new Toyota seamless and exciting.
Benefits of Leasing Again:
Access to the Latest Models: Stay up-to-date with Toyota's cutting-edge features and technology.
Lower Maintenance Costs: Many leases include maintenance plans, saving you money.
Potentially Lower Payments: Depending on your eligibility and terms, you may enjoy similar or reduced monthly payments with a new lease.
View Our New Inventory
Option 2: Purchase Your Current Toyota
Love your current Toyota? You can choose to buy it at the end of your lease. Before deciding, consider these key factors:
Is Buying Out Your Lease the Right Choice?
Vehicle Condition: Check for wear, mileage, and any necessary repairs.
Market Value: Compare your vehicle's market value to its lease buyout price.
Financial Considerations: Calculate total ownership costs, including the buyout amount, interest, and potential depreciation.
Option 3: Return Your Lease
If you're ready to say goodbye to your Toyota, the lease return process is easy and straightforward.
Pre-Return Inspection:
Timing: Schedule an inspection a few weeks before your lease ends.
Process: A representative will inspect your vehicle for wear and damage.
What to Expect: The inspection will follow the terms outlined in your lease agreement.
Finalizing the Return:
Make sure to bring:
Your original lease agreement
All sets of keys
Owner's manual and maintenance records
Any accessories included at the start of the lease
Possible Charges to Consider:
Mileage Overages: Fees may apply if you've exceeded the mileage limit.
Excess Wear and Tear: Additional costs for damage beyond normal use.
Disposition Fee: A standard fee to cover administrative lease return costs.
Choose What Works Best for You
As your lease concludes, decide what suits your lifestyle and budget. Upgrade to a new Toyota to enjoy the latest models, purchase your current vehicle for continued ownership, or return your lease with ease.
For more details on your lease-end options, reach out to us or visit the Toyota website today.
