11/18/2023 0 Comments Toyota finance service phone numberSo when you finance a pre-owned vehicle through us, not only are you are more likely to get approved, you will probably get better loan terms too. In fact, banks typically see lending through a dealership like us as less risky compared to lending to a private party. Payment CalculatorĪbsolutely! We offer financing on all of our vehicles, both new and pre-owned. Check out our current lease offers today or contact us for more information. If you are interested in having the lowest possible down payment, taking advantage of our low or no money down lease specials may be your best option. If you are trading in a vehicle, the value of your trade-in will help cover most of, if not all, of your down payment. You don't necessarily need to have this cash on hand though. There is no harm in putting down as much as possible though, and we would suggest aiming for putting down around 20% to help lower your monthly payments. It is recommended to put at least 10% down on the purchase of a new or pre-owned vehicle, but as little as $500 can be sufficient in many cases. In fact, we will even buy your car from you regardless if you buy a vehicle from us! We'll Buy Your Car This is one less thing you have to worry about when you trade in your car with us, versus selling it privately. In both cases, we will take care of paying off the lien holder and getting the title for your vehicle. If your car is worth less than what you owe, the remaining loan balance will simply be deducted from the value of your trade-in. There are a few things to still be aware of though. Trading in a financed vehicle is very common. BuyĬan I trade in my car that's not paid off? If you like driving a new car every two or three years, prefer lower monthly payments, or drive under 10,000 miles per year then leasing might be the best option.ĭo you want to keep your car for longer than three years? You should probably consider purchasing your next vehicle. Depending on your situation, one may be better than the other for you. One finances the use of a vehicle the other finances the purchase of a vehicle. The Apple®, App Store®, Google Play, names, logos, brands, and other trademarks or images referred to herein are the property of their respective trademark holders.Leases and loans are simply two different methods of automotive financing. Retail accounts and leases through Mazda Financial Services are subject to credit approval by TMCC. Mazda is solely responsible for its products and services and for promotional statements about them and is not affiliated with TMCC or its affiliates. Voluntary Protection Products are administered by TMIS or a third party contracted by TMIS. Mazda Protection Products is a registered service mark of Mazda and licensed to Toyota Motor Insurance Services, Inc. TMCC is the servicer for accounts owned by TMCC, TLT, and their securitization affiliates. Retail installment accounts may be owned by TMCC or its securitization affiliates and lease accounts may be owned by Toyota Lease Trust (TLT) or its securitization affiliates. The trade name “Mazda Financial Services” and the Mazda and Mazda Financial Services logos are owned by Mazda Motor Corporation (Mazda) or its affiliates and are licensed to Toyota Motor Credit Corporation (TMCC).
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