MILFORD, Conn., Jan. 15, 2021 /PRNewswire-PRWeb/ -- Leasing is one of the most commonly used financial tools to help people get behind the wheel of a new vehicle. Toyota Financial Services supports Colonial Toyota customers to make sure their leases are as affordable as they are easy to use. While leases may vary in length of term, when a Toyota lease is over, everyone will have the same four options to choose from. Colonial Toyota wants everyone who is leasing a Toyota vehicle to understand the choices that lay ahead of them and that they can return their Toyota leased vehicle to the showroom, even if they didn't start the least there. Lease holders are encouraged to reach out to a Colonial Toyota representative today if they have any questions along the way.
Someone coming to the end of their Toyota lease will have four options to consider, purchase/lease a new vehicle, buy the vehicle they've been leasing outright, extend the lease or simply walk away. Each of these options will have pros and cons, just like any decision. However, the finance team at Colonial Toyota is ready to help customers identify the route that makes the most sense for them to take.
Before the official end date of a Toyota lease, customers will get a notice from Toyota Financial Services to remind them to have a post-lease inspection done. This is the time when they should repair any damage that might have occurred along the way to avoid getting charged for additional wear and tear. The inspection doesn't have to take place at the original dealership either, just like the entire Toyota lease-end process.
Those who wish to keep their leased Toyota vehicle can find the lease buy-out price on their paperwork. Some leaseholders may even qualify for some financing incentives if they choose to keep their lease forever.
Anyone can contact the Colonial Toyota showroom today to have their lease-end questions answered by calling, 203-403-6890. Someone who is ready to turn their vehicle in and start their next journey can visit the dealership's showroom located at 470 Boston Post Road, Milford, CT 06460.
Mike Bihary, Colonial Toyota, 877-544-8813, [email protected]
SOURCE Colonial Toyota