You have a lot of decisions to make when the time comes for a new set of wheels. You need to decide which type of vehicle is best for you, how much to spend and which features are most important. You want to look at reliability ratings, test crash results and long term resale values.
You also want to get the most for your money no matter what type of vehicle you ultimately decide is right for you. And last but not least, you need to decide whether to buy your next vehicle or lease it instead.
If you have compiled a list of potential Toyota vehicles for your next vehicle, there are some compelling reasons to consider a lease instead of buying the car, truck or SUV outright. Here are some of the many advantages of leasing versus buying your next Toyota.
Leasing is the natural choice for drivers who need the value and reliability of a brand new vehicle. If you love to drive the latest and greatest vehicles in the Toyota lineup, leasing allows you to trade up whenever you want and always drive the newest and most technologically sophisticated vehicle on the market.
If you normally buy your Toyota vehicles, you may want to consider leasing if you typically drive less than 12,000 to 15,000 miles per year. Low mileage leases are great for reducing the overall cost of ownership and Toyota offers a number of such leases to put you in the car, truck or SUV you have always wanted.
Leasing is less efficient for buyers who put a lot of miles on their vehicles or tend to keep their cars for many years, but even those buyers may want to check out the relative value of leasing compared to buying. Royal Palm Toyota has a number of resources you can use to make this important decision and get you in your new car.
If you own a business or plan to use your new Toyota car, truck or SUV for business purposes, it also makes sense to consider leasing instead of buying. When you lease your next Toyota, you may be able to write off much of the cost when you complete your next income tax return. If you choose to buy, the amount you get to write off can be a bit more limited. You should, of course, always consult a tax expert before making the final decision or writing off the cost of the lease against your business income.
As you can see, there are many compelling reasons to consider leasing your next Toyota car, truck or SUV instead of buying it outright. From better tax treatment to the ability to trade up to the latest model without any hassles, there are plenty of reasons why leasing makes so much sense. If you think that leasing is right for you, just head down to Royal Palm Toyota to choose your next vehicle and get a great deal on a great lease.