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Is it Better to Lease or Buya New Toyota Vehicle?

If you’re on the market for a new Toyota vehicle, then you’re probably aware that you have a few different options — most obviously, you can either lease the car or you can buy it straight out. There isn’t a clear-cut answer to whether leasing or buying is “better” when you are shopping for a new car. However, one choice is probably better suited for your specific situation. Read on to learn more about leasing vs. buying, and then get in touch with Toyota of Hollywood if you need more help understanding each choice — or if you’re ready to make your purchasing decision!

Leasing vs. Buying

Here’s a rundown on the key factors to consider when running the calculations on whether you should lease or buy your next vehicle.

2017 Toyota Camry

Ownership

  • Buying: When you buy, you own the vehicle forever, while when you
  • Leasing: You only own it for the period of the lease and then have to give it back when that period elapses.
2017 Toyota Tacoma

Up-Front Costs

  • Buying: When buying, your up-front costs will include a down payment, taxes, registration and other fees.
  • Leasing: When you lease, you’ll have to offer a first month’s payment, a refundable security deposit, a down payment, and taxes and registration fees, too.
 
2017 Toyota RAV4

Monthly Payment

  • Buying: When you buy rather than lease, the monthly payments are usually higher, because you’ll be paying off the full value of the car. You’re also expected to pay off interest, taxes, and fees.
  • Leasing: When leasing, the monthly payment will be lower because you’ll only be paying depreciation costs, as well as rent charges, taxes, fees, etc.
2017 Toyota Prius

Mileage

  • Buying: You’re free to drive as far and wide as you want in a car you buy — after all, you own it.
  • Leasing: When leasing, you’ll usually have a limit on the number of miles you can drive.

Ask Us More About Leasing vs. Buying

Make your decision easier by speaking with our experts at Toyota of Hollywood. One of our helpful staff members will explain your options in further detail and explore the benefits of leasing vs. buying as they pertain to you and only you. We look forward to helping you today!

  • 3.9% APR for 36 months, 3.9% APR for 48 months, 3.9% APR for 60 months or 4.9% APR for 72 months available for well qualified Tier 1 or Tier 1+ credit customers who finance through Toyota Financial Services (TFS).

    ■Comes standard with Toyota Safety
    Sense (TSS)

    ■Toyota is devoted to safety and
    dependability, and proper vehicle
    maintenance is important to both.
    That's why we include a no cost
    maintenance plan* with the purchase
    or lease of every new Toyota for 2 years
    or 25,000 miles, whichever comes first.
    24-hour roadside assistance** is also
    included for 2 years and unlimited
    miles.

    Excludes Hybrid models
    Ends 07/31/2019

    Offer Details
    Limited term financing through Toyota Financial Services to qualified Tier 1+ and Tier 1 credit customers
    only. Monthly payment for every $1,000 financed is 3.9% - 36 months = $29.48; 3.9% - 48 months =
    $22.53; 3.9% - 60 months = $18.37; 4.9% - 72 months = $16.06. On Approved Credit. Plus Vehicle Registration Fees, $80. Dealer Documentation Fee and Applicable Sales Tax not included in price. Offers cannot be combined. Available to eligible customers who
    finance a new, unused, or unlicensed 2019 Highlander from Toyota Motor Sales, USA, Inc. (TMS) and
    Toyota Financial Services (TFS). Offer valid 06-04-2019 through 07-31-2019. Specific vehicles are subject
    to availability. You must take retail delivery from dealer stock. Special APR may not be combined with any
    other Customer Cash Rebates, Bonus Cash Rebates, or Lease Offers. Finance programs available on
    credit approval. Not all buyers will qualify for financing from Toyota Financial Services through
    participating dealers. Down payment varies with credit. For example, 10% down. See your Toyota dealer
    for actual pricing, annual percentage rate (APR), monthly payment, and other terms and special offers.
    Pricing and terms of any finance or lease transaction will be agreed upon by you and your dealer. Special
    offers are subject to change or termination at any time. ToyotaCare covers normal factory scheduled
    maintenance for 2 years or 25,000 miles, whichever comes first. 24-hour roadside assistance is also
    included for 2 years, regardless of mileage. See Toyota dealer for details and exclusions. Valid only in the
    continental U.S. and Alaska.
    Excludes Hybrid models

    *ToyotaCare plan covers normal factory scheduled service for 2 years or 25K miles, whichever comes first.
    See Toyota dealer for details and exclusions. Valid only in the continental U.S. and Alaska. **Roadside
    Assistance coverage is 2 years unlimited mileage. Does not include parts and fluids, except emergency
    fuel delivery. See Toyota Dealer for details and exclusions. Valid only in the continental U.S. and Alaska.

  • 2.9% APR for 36 months, 2.9% APR for48 months, 2.9% APR for 60 months or2.9% APR for 72 months available for well qualified Tier1 or Tier 1+ credit customers who finance through Toyota Financial Services (TFS).

    ■Toyota is devoted to safety and
    dependability, and proper vehicle
    maintenance is important to both.
    That's why we include a no cost
    maintenance plan* with the purchase
    or lease of every new Toyota for 2 years
    or 25,000 miles, whichever comes first.
    24-hour roadside assistance** is also
    included for 2 years and unlimited
    miles.

    Ends 07/31/2019

    Offer Details
    Limited term financing through Toyota Financial Services to qualified Tier 1+ and Tier 1 credit customers
    only. Monthly payment for every $1,000 financed is 2.9% - 36 months = $29.04; 2.9% - 48 months =
    $22.09; 2.9% - 60 months = $17.92; 2.9% - 72 months = $15.15. On Approved Credit. Plus Vehicle Registration Fees, $80. Dealer Documentation Fee and Applicable Sales Tax not included in price. Offers cannot be combined.Available to eligible customers who
    finance a new, unused, or unlicensed 2019 86 from Toyota Motor Sales, USA, Inc. (TMS) and Toyota
    Financial Services (TFS). Offer valid 06-04-2019 through 07-31-2019. Specific vehicles are subject to
    availability. You must take retail delivery from dealer stock. Special APR may not be combined with any
    other Customer Cash Rebates, Bonus Cash Rebates, or Lease Offers. Finance programs available on
    credit approval. Not all buyers will qualify for financing from Toyota Financial Services through
    participating dealers. Down payment varies with credit. For example, 10% down. See your Toyota dealer
    for actual pricing, annual percentage rate (APR), monthly payment, and other terms and special offers.
    Pricing and terms of any finance or lease transaction will be agreed upon by you and your dealer. Special
    offers are subject to change or termination at any time. ToyotaCare covers normal factory scheduled
    maintenance for 2 years or 25,000 miles, whichever comes first. 24-hour roadside assistance is also
    included for 2 years, regardless of mileage. See Toyota dealer for details and exclusions. Valid only in the
    continental U.S. and Alaska.

    *ToyotaCare plan covers normal factory scheduled service for 2 years or 25K miles, whichever comes first.
    See Toyota dealer for details and exclusions. Valid only in the continental U.S. and Alaska. **Roadside
    Assistance coverage is 2 years unlimited mileage. Does not include parts and fluids, except emergency
    fuel delivery. See Toyota Dealer for details and exclusions. Valid only in the continental U.S. and Alaska.

  • 2.9% APR for 36 months, 2.9% APR for 48 months, 2.9% APR for 60 months or 3.9% APR for 72 months available for well qualified Tier 1 or Tier 1+ credit customers who finance through Toyota Financial Services (TFS).

    ■Comes standard with Toyota Safety
    Sense (TSS)

    ■Toyota is devoted to safety and
    dependability, and proper vehicle
    maintenance is important to both.
    That's why we include a no cost
    maintenance plan* with the purchase
    or lease of every new Toyota for 2 years
    or 25,000 miles, whichever comes first.
    24-hour roadside assistance** is also
    included for 2 years and unlimited
    miles.

    Excludes Hybrid models

    Ends 07/31/2019

    Offer Details
    Limited term financing through Toyota Financial Services to qualified Tier 1+ and Tier 1 credit customers
    only. Monthly payment for every $1,000 financed is 2.9% - 36 months = $29.04; 2.9% - 48 months =
    $22.09; 2.9% - 60 months = $17.92; 3.9% - 72 months = $15.6. On Approved Credit. Plus Vehicle Registration Fees. $80 Dealer Documentation Fee and Applicable Sales Tax not included in price. Offers cannot be combined. Available to eligible customers who finance
    a new, unused, or unlicensed 2020 Corolla from Toyota Motor Sales, USA, Inc. (TMS) and Toyota Financial
    Services (TFS). Offer valid 06-04-2019 through 07-31-2019. Specific vehicles are subject to availability.
    You must take retail delivery from dealer stock. Special APR may not be combined with any other
    Customer Cash Rebates, Bonus Cash Rebates, or Lease Offers. Finance programs available on credit
    approval. Not all buyers will qualify for financing from Toyota Financial Services through participating
    dealers. Down payment varies with credit. For example, 10% down. See your Toyota dealer for actual
    pricing, annual percentage rate (APR), monthly payment, and other terms and special offers. Pricing and
    terms of any finance or lease transaction will be agreed upon by you and your dealer. Special offers are
    subject to change or termination at any time. ToyotaCare covers normal factory scheduled maintenance
    for 2 years or 25,000 miles, whichever comes first. 24-hour roadside assistance is also included for 2
    years, regardless of mileage. See Toyota dealer for details and exclusions. Valid only in the continental
    U.S. and Alaska.

    Excludes Hybrid models

    *ToyotaCare plan covers normal factory scheduled service for 2 years or 25K miles, whichever comes first.
    See Toyota dealer for details and exclusions. Valid only in the continental U.S. and Alaska. **Roadside
    Assistance coverage is 2 years unlimited mileage. Does not include parts and fluids, except emergency
    fuel delivery. See Toyota Dealer for details and exclusions. Valid only in the continental U.S. and Alaska.

  • 3.9% APR for 36 months, 3.9% APR for 48 months, 3.9% APR for 60 months or 4.9% APR for 72 months available for well qualified Tier 1 or Tier 1+ credit customers who finance through Toyota Financial Services (TFS).

    ■Comes standard with Toyota Safety
    Sense (TSS)

    ■Toyota is devoted to safety and
    dependability, and proper vehicle
    maintenance is important to both.
    That's why we include a no cost
    maintenance plan* with the purchase
    or lease of every new Toyota for 2 years
    or 25,000 miles, whichever comes first.
    24-hour roadside assistance** is also
    included for 2 years and unlimited
    miles.

    Excludes Hybrid models
    Ends 07/31/2019

    Offer Details
    Limited term financing through Toyota Financial Services to qualified Tier 1+ and Tier 1 credit customers
    only. Monthly payment for every $1,000 financed is 3.9% - 36 months = $29.48; 3.9% - 48 months =
    $22.53; 3.9% - 60 months = $18.37; 4.9% - 72 months = $16.06. On Approved Credit. Plus Vehicle Registration Fees, $80. Dealer Documentation Fee and Applicable Sales Tax not included in price. Offers cannot be combined. Available to eligible customers who
    finance a new, unused, or unlicensed 2019 Highlander from Toyota Motor Sales, USA, Inc. (TMS) and
    Toyota Financial Services (TFS). Offer valid 06-04-2019 through 07-31-2019. Specific vehicles are subject
    to availability. You must take retail delivery from dealer stock. Special APR may not be combined with any
    other Customer Cash Rebates, Bonus Cash Rebates, or Lease Offers. Finance programs available on
    credit approval. Not all buyers will qualify for financing from Toyota Financial Services through
    participating dealers. Down payment varies with credit. For example, 10% down. See your Toyota dealer
    for actual pricing, annual percentage rate (APR), monthly payment, and other terms and special offers.
    Pricing and terms of any finance or lease transaction will be agreed upon by you and your dealer. Special
    offers are subject to change or termination at any time. ToyotaCare covers normal factory scheduled
    maintenance for 2 years or 25,000 miles, whichever comes first. 24-hour roadside assistance is also
    included for 2 years, regardless of mileage. See Toyota dealer for details and exclusions. Valid only in the
    continental U.S. and Alaska.
    Excludes Hybrid models

    *ToyotaCare plan covers normal factory scheduled service for 2 years or 25K miles, whichever comes first.
    See Toyota dealer for details and exclusions. Valid only in the continental U.S. and Alaska. **Roadside
    Assistance coverage is 2 years unlimited mileage. Does not include parts and fluids, except emergency
    fuel delivery. See Toyota Dealer for details and exclusions. Valid only in the continental U.S. and Alaska.

  • 3.9% APR for 36 months, 3.9% APR for 48 months, 3.9% APR for 60 months or 4.9% APR for 72 months available for well qualified Tier 1 or Tier 1+ credit customers who finance through Toyota Financial Services (TFS).

    ■Comes standard with Toyota Safety
    Sense (TSS)

    ■Toyota is devoted to safety and
    dependability, and proper vehicle
    maintenance is important to both.
    That's why we include a no cost
    maintenance plan* with the purchase
    or lease of every new Toyota for 2 years
    or 25,000 miles, whichever comes first.
    24-hour roadside assistance** is also
    included for 2 years and unlimited
    miles.

    Excludes Hybrid models
    Ends 07/31/2019

    Offer Details
    Limited term financing through Toyota Financial Services to qualified Tier 1+ and Tier 1 credit customers
    only. Monthly payment for every $1,000 financed is 3.9% - 36 months = $29.48; 3.9% - 48 months =
    $22.53; 3.9% - 60 months = $18.37; 4.9% - 72 months = $16.06. On Approved Credit. Plus Vehicle Registration Fees, $80. Dealer Documentation Fee and Applicable Sales Tax not included in price. Offers cannot be combined. Available to eligible customers who
    finance a new, unused, or unlicensed 2019 Highlander from Toyota Motor Sales, USA, Inc. (TMS) and
    Toyota Financial Services (TFS). Offer valid 06-04-2019 through 07-31-2019. Specific vehicles are subject
    to availability. You must take retail delivery from dealer stock. Special APR may not be combined with any
    other Customer Cash Rebates, Bonus Cash Rebates, or Lease Offers. Finance programs available on
    credit approval. Not all buyers will qualify for financing from Toyota Financial Services through
    participating dealers. Down payment varies with credit. For example, 10% down. See your Toyota dealer
    for actual pricing, annual percentage rate (APR), monthly payment, and other terms and special offers.
    Pricing and terms of any finance or lease transaction will be agreed upon by you and your dealer. Special
    offers are subject to change or termination at any time. ToyotaCare covers normal factory scheduled
    maintenance for 2 years or 25,000 miles, whichever comes first. 24-hour roadside assistance is also
    included for 2 years, regardless of mileage. See Toyota dealer for details and exclusions. Valid only in the
    continental U.S. and Alaska.
    Excludes Hybrid models

    *ToyotaCare plan covers normal factory scheduled service for 2 years or 25K miles, whichever comes first.
    See Toyota dealer for details and exclusions. Valid only in the continental U.S. and Alaska. **Roadside
    Assistance coverage is 2 years unlimited mileage. Does not include parts and fluids, except emergency
    fuel delivery. See Toyota Dealer for details and exclusions. Valid only in the continental U.S. and Alaska.

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(323) 300-5026

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6000 Hollywood Blvd • Hollywood, CA 90028

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Today's Hours:

Open Today! Sales: 9am-9pm

Open Today! Service: 7am-6:30pm

Open Today! Parts: 7am-6:30pm

Toyota of Hollywood

6000 Hollywood Blvd Hollywood, CA

Phone: (323) 300-5026

https://maps.google.com/?q=6000%20Hollywood%20Blvd%2C%20%2C%20Hollywood%2C%20CA%2090028

Sales

Phone: (323) 300-5026

6000 Hollywood Blvd Hollywood, CA
34.101406 -118.3208436
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Toyota of Hollywood
Toyota of Hollywood
6000 Hollywood Blvd
Hollywood, CA, 90028 United States
(323) 300-5026
https://di-uploads-development.s3.amazonaws.com/toyotaofhollywood/uploads/2016/08/toyota-hollywood-open-graph.jpg
Toyota of Hollywood 34.101406, -118.3208436.
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