Finance Center

Should You Lease Your New Sloane Toyota of Glenside Vehicle?

Leasing is a great choice for shoppers who like to drive a new vehicle and want to keep their payments low. Once your lease term is up, you can trade up for a newer model, buy it outright, or simply return it and walk away when the lease it over.

Benefits of Financing

Customers who intend to hold onto their vehicle for a while should consider a loan. Our flexible financing plans can get you into a new or used vehicle with terms that will reduce your overall costs while you build equity in your vehicle.

Flexible Credit Options

Sloane Toyota of Glenside can help you get into the new or used vehicle you deserve. With monthly specials, factory offers, and competitive rates, we go the extra mile to give you the options that work for your lifestyle.

Frequently Asked Questions

Finance Your Toyota With Our Expert Team

After you have found the Toyota model that is right for you -- whether that is a sedan, a truck, or an SUV -- and after you have taken it out for a spin or two with a team member of ours, your next step is to explore the different financing options that are available to you. This process can appear daunting or stressful to some, due to the fact that it involves a lot of number crunching and contract reading. With our team, though, you can be confident that we will help you every step of the way and ensure you get the purchasing plan you need.

No matter if you buy your car, or you decide to explore leasing, our team will be here to answer all of your questions and help you every step of the way!

Buying a Car

The main payment style that many of our customers pursue is purchasing a car. There are a lot of benefits that come with this method of payment, too. You get to own the vehicle -- effectively allowing you to drive as much, go wherever you want, and do whatever you want to the vehicle. That is very important to a lot of drivers; it provides them with the freedom they are looking to have.

However, the majority of drivers will have to take out a loan to cover the initial cost of the vehicle they are interested. This is normal, as most drivers do not have $20,000 in their pocket when they arrive at our dealership. However, some drivers do not like having to deal with loans. For those who want an alternative, more flexible plan, leasing is available to consider.

Leasing a Car

When you lease a car you get different kinds of freedoms than you would get from purchasing a car, along with certain restrictions. Firstly, you do not need to take out a loan when you lease a car. Your monthly payments will also probably be more affordable -- leases have a predetermined monthly amount that you can budget for, whereas your monthly payment after purchasing a car is dependent on the size and length of your automotive loan. When you lease a car, you are also never tethered to a single car for a long period of time. After your lease is up, you can bring it back to our dealership and decide what you want to do with it: return it, lease a different car, or even purchase the car you were leasing. It's this freedom that makes leasing great for drivers in need of professional vehicles, for instance.

However, leasing has its own parameters: you have to abide by certain mileage restrictions and you have to keep your car in good condition. Failing to do either of these things could cost you more money when you return your leased vehicle to the dealership.

Ready To Learn More?

We know that financing can seem like a scary process, especially to those who have never gone through it before. That is why we have a helpful team of experts available to assist you at a moment's notice!

If you have any questions about financing, or if you would like to see our new Toyota vehicle specials, you are always welcome to visit us at Sloane Toyota of Glenside to learn more! Our team, located in Glenside, PA, is always here to assist you with your vehicle-related needs, from purchasing to servicing.

Additionally, if you want to get a head start on the purchasing process, you can fill out our online finance application. Not only will it expedite your experience, it will help streamline the purchasing process.

We are proud to serve drivers throughout Glenside, Jenkintown, Willow Grove, Trevose, Horsham and Ambler.

Please also check out the following financial services in more detail:

• Why Buy Gap Insurance?
• Why Buy Excess Wear & Use?
• Why Buy Tire & Wheel Program?
• Why Purchase a Vehicle Service Agreement?
• Why Buy ToyotaCare Plus?
• Why Buy an Extended Warranty?

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