Should I Buy or Lease? | Kennesaw GA | Serving Marietta, Acworth and the Greater Atlanta Area

Should I Buy or Lease?

Become an informed buyer with the help of Cobb County Toyota! The two main ways to purchase a new car can be confusing, so we've provided you with all the information you need on the benefits of buying and leasing a vehicle. Read through the information, and see which option best suits you. After you've had a chance to learn everything you need to know, feel free to contact us directly with questions or explore our inventory to find the car, truck or SUV that is perfect for you!

WHY LEASE A TOYOTA?

Freedom of Choice

Two of the greatest benefits of leasing a vehicle is freedom and flexibility. When leasing, you have the freedom to drive a new Toyota every few years without the hassle of having to sell or trade your vehicle.

Flexibility

On average, leasing terms can last between 24 to 60 months. This allows you to make affordable payments with shorter terms. In addition, you get to choose your mileage. Lessees are typically given 12,000 or 15,000 miles per year, but if you require a higher mileage limit, you have the option to purchase more miles at signing.

Lower Payments

Because you're only purchasing the right to use a vehicle for a period of time, your financial responsibility and your monthly payments may be reduced significantly. Also, if you have a small down payment, then leasing may be better for you, as there are often leasing options that require $0 down.

Hazard-Free Driving

Because most leases last for two to three years, your vehicle generally provides warranty protection for as long as you drive it.

True Convenience

When a lease expires, you simply turn your vehicle in and pay off any remaining fees (such as for excess mileage or wear and tear) and taxes. If you'd prefer not to part with your Toyota at lease-end, you can also take the opportunity to purchase it at a predetermined price. In either case, there's no need for you to sell it or trade it in.

WHY BUY TOYOTA?

Ownership

Ownership is the greatest benefit of buying your next vehicle instead of choosing to lease. If you are looking to keep your vehicle for an extended time or for as long as possible, then buying is the better option for you.

No Mileage Restrictions

You don't have a mileage restriction like you would with leasing. Leasing requires that you calculate in advance how many miles you will drive each year. Ownership allows you to drive as much as you like and as far as you desire without accumulating fees.

Payment Flexibility

When purchasing a vehicle, you can buy with cash or choose to finance. If you buy with cash, you immediately become the owner of the vehicle. If you choose to purchase a vehicle by utilizing a finance program, you pay down the loan amount over an extended period of time. For the best outcome when financing, we strongly recommend that you acquire the most affordable, reliable and competitive rates available, like what we offer here at Cobb County Toyota.

True Freedom

At the completion of your payment schedule, typically four to six years, you own your Toyota. You can keep driving for as long as you desire without any further payments, or choose to sell or trade at any time. Once you own the vehicle, you no longer have to make monthly payments, which means you could place those same funds toward your savings, should you choose to do so.

More Info

If you would like more information on the pros and cons of both leasing and buying your next vehicle, please don't hesitate to give us a call or stop by our dealership at Cobb County Toyota at 2111 Barrett Lakes Blvd., Kennesaw, GA 30144. At Cobb County Toyota, we look forward to serving our neighbors from Marietta, Acworth and Atlanta, GA, with their next lease or purchase!

*Note that your vehicle's warranty may not cover regularly scheduled maintenance.

Sales
Monday 9:00AM - 8:00PM
Tuesday 9:00AM - 8:00PM
Wednesday 9:00AM - 8:00PM
Thursday 9:00AM - 8:00PM
Friday 9:00AM - 8:00PM
Saturday 9:00AM - 8:00PM
Sunday 1:00PM - 6:00PM