Leasing vs. Buying


There’s a significant difference between leasing and buying a Toyota vehicle, and at Miracle Toyota, we’ve gone ahead to address this in our overview below. We want our customers near Haines City, Lakeland, and Loughman, FL, to know the differences between both options in order for them to make an informed decision.


Our Toyota Finance Center

Toyota Finance Center

The financial professionals who staff our finance center are here to make your car search streamlined. They’ll work one on one with you to secure the type of financing that works best for your circumstances, whether that is securing an auto loan or engaging in a lease. We want you to know that we’re here to get you from just admiring a Toyota vehicle to being behind the wheel of one.To fully prepare you for this, we offer a bevy of online tools that we encourage you to utilize early on in the process for full benefit. They are as follows:

  • Credit Application: This allows you to apply for financing online beforehand and lets our team of experts get prepared for when you arrive at the center. A bonus advantage to this tool is that it cuts down the amount of paperwork you’d normally be responsible for filling out in the center.
  • Payment Calculator: This helpful tool can give you an estimate of what your monthly payments might be once you enter into a financing plan.
  • Trade-In Appraisal: After providing some basic information about the vehicle you’re looking to trade in, this tool will return an estimate of its worth and then ready it for its in-person inspection.

Using these tools can give you the jump-start you need to get rolling!


Advantages of Leasing

Common among drivers who lease is the advantage of not owning. When you lease, you don’t have to concern yourself with the heavy responsibility of a long-term commitment. Since leases tend to have short lifespans, you’re able to come and go much more easily than if you had ownership.Adding to having short lifespans, leasing gives you the opportunity to drive the newest models with cutting-edge technologies installed. This is great for drivers who are devotees of the automobile and want a front-row seat to the future as it rolls out.

A final advantage is that a lease is easy to end. You have many different options of how to complete your lease that involve everything from a simple drop off to a re-leasing.

Advantages of Leasing


Advantages of Buying

Advantages of Buying

One of the key advantages of buying your vehicle is that it’s completely yours. You’re free to customize it however you like to make it better reflect your style and personality. That sense of freedom continues into the places you travel to and from, as you won’t be bound by mileage limits or any other restrictions.Another significant advantage of buying, at least new models, is that you’ll be its first owner. This means you’ll get to experience an especially unique sense of peace of mind when driving.

When you’re an owner, you’re able to sell or trade in your vehicle. Which is terrific if you consider your vehicle an investment to be used later on down the line.


Schedule Your Test Drive Today!

Now that our customers near Haines City, Lakeland, and Loughman, Florida, know more about the differences between leasing and buying, it’s time to act. Make today the day you call ahead to schedule a Toyota test drive of your own with us at Miracle Toyota!


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Miracle Toyota 28.136437, -81.639762.