Lease finance gives you the right to use your Toyota of choice for an agreed period, during which time you pay monthly rentals. At the end of the term, ownership passes either absolutely or upon satisfaction of specific conditions.
Financing periods can be structured between 12 to 60 months, with or without a final balloon payment. Market-related interest rates apply which may be linked to the prime lending rate or alternatively fixed, over the agreed finance period. There is no minimum deposit payable unless there is a change to the current legislation or to your credit profile.
This type of agreement will suit you if you are using the asset to generate income; or receive a car allowance; or you want to claim the expense against tax; or you own a business.
Toyota Lease agreements are typically offered between 6 & 60 months. At the end of the term ownership does not pass to you automatically, however, you have the option of either returning your Toyota to Toyota Financial Services, acquiring ownership or extending the lease.
Toyota Lease agreements can be structured equally over the entire agreement period with or without a final balloon payment at the end. A final balloon payment is a larger than normal final rental resulting in a lower monthly rental.
With Lease Finance there is also the option of refinancing the final balloon payment. Provided that at the time of your application for finance, there is no adverse change to your credit profile.
You may want to consider adding the Take-A-Break option to your finance package.
Market-related interest rates apply which may be linked to the prime-lending rate or alternatively fixed, over the agreed finance period. There is no minimum deposit payable unless there is a change to the current legislation or to your credit profile.
Ownership is subject to the conditions set out in the credit agreement, which include payment of all monthly rentals due and payment of a nominal ownership amount.
TAILORED TO YOUR NEEDS
Stepped payments, inflated rentals and other structures can be tailored to your needs.
Lease rental is 100% tax deductible, making your money go the distance.
YOUR FINANCIAL SOLUTION
Contact Toyota Financial Services to find out why this option could work for you.