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Leasing is a terrific option if you want to take advantage of the latest 2020 Toyota models and don’t mind not owning the vehicle. If leasing is on your radar, we suggest using our Toyota financial services near Ellicott City, MD to learn more.

Pointers to Keep in Mind

Consider leasing if you wish to drive a specific Toyota model that’s beyond your budget for a purchase. If you decide to go this route, there are a few pointers to be aware of. Aside from the monthly payments, you will also need to put forth a down payment, usually no more than 20% of the car’s value. Also, be aware of stipulations in the contract, which includes mile limits and your maintenance obligations. Remember that you are essentially renting the car and are not the owner.

Schedule an Appointment

Our finance department is open during the COVID-19 pandemic. We have a partnership with a number of established direct lenders, including trusted names like Wells Fargo, US Bank, and AmeriCredit. Our partners also include trusted credit unions like Choice One and CU Direct.

All finance plans come with optional protection plans under MileOne Autogroup. The newest plan is the 4n1 Assurance Protection, which includes tire and rim replacement, windshield crack repair, and more. Another plan is the GAP Guaranteed Loan Protection. This covers the difference between the insurance value and loan payoff should your car be stolen or damaged beyond repair

Come by Heritage Toyota Catonsville if you’re contemplating a lease for your next car. Lease options include 2020 models like the Toyota Corolla, Toyota Highlander, and more. Our Toyota finance department will work with you to come up with a loan and finance program that works best with your budget.

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