Leasing Your Next Toyota

New Toyota dealer near HazelwoodLeasing is a transaction that many do not understand.  Today we will answer a few commonly asked questions regarding the process and how it works.

Should I shop around for the best deal on a lease or are they all the same?

Shopping around for the best deal on a lease is most definitely recommended.  Some dealers will offer special incentives to secure your business, while others may not.


What are the basic factors I need to pay attention to when shopping for a lease?

When you decide to lease a vehicle, there are four basic factors that you need to take into consideration.  These four factors include:

• Your initial payment include your down payment and any extra fees
• Monthly payment amount
• The term or number of months you will pay
• Any additional end-of-lease charges

How is my monthly lease payment figured?

According to howstuffworks.com, a lease payment is figured like this, “With a lease, your monthly payment is based on the difference between the vehicle’s transaction price (its “capitalized cost”) and what it’s estimated to be worth at the end of the lease term (the “residual value”). This difference is financed at a particular rate of interest (which may be called a “lease rate,” “lease charge,” or “money factor”).”

Does my credit score matter when obtaining a lease?

Your credit score is something that does matter when obtaining a lease because it plays a huge role in determining your down payment and monthly payment.  Often those with so-so credit are not able to obtain a lease at all.

Weiss new Toyota dealer near Hazelwood has the best finance team in town!  Be sure to stop by today to get all your questions answered regarding current Toyota lease offers.



Location: 11771 Tesson Ferry Road, Saint Louis, MO 63128, USA

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