Pros and Cons of Leasing a Car

When you’re driving through the streets of Doral, Kendall, Miami, and Hialeah, you deserve to cruise in style. Let’s be honest, though. Cars aren’t cheap. Even pre-owned cars can be more expensive than you might like, so upgrading your ride can be a bit of a challenge. However, there are some avenues that allow you to upgrade without fronting money for an entire vehicle. Pros and Cons of Leasing a Car

Instead of buying a car, you have the option to lease one. Leasing is a big decision to make, however, and shouldn’t be taken lightly. At Doral Toyota, we want you to be informed before you make any major decision, so we’ve compiled this handy list of the most important pros and cons of leasing a car.

Take a look at our new inventory to see if there is a car you might be interested in leasing near Kendall, Miami and Hialeah today!

Pros of Leasing a Toyota near Kendall, Miami & Hialeah, FL 

The main benefit of leasing a car is that you only have to worry about it during its most efficient years. The first few years of a new car are largely problem-free, and taking care of an older car can be a real hassle. With leasing, you never have to worry about that. What little maintenance you do have to worry about like oil changes are often covered under warranty.

Leasing also allows you to drive a car that would normally be out of your price range. You only have to pay for the miles you use rather than the entire car, so it’s less of a monetary commitment. Since you’re only in it for a set amount of time, the car’s market value isn’t your concern. You don’t have to go through the trouble of selling it or trading it in. You just drop it back at the dealership when you’re finished. If you’re a business owner, you can also enjoy some tax advantages.

Cons of Leasing a New Car

When you lease a car, there are some downsides, as well. When you lease one car after another, the monthly payments keep coming. However, if you’re willing to settle for a single car for years, you’ll eventually have it paid off and won’t have to worry about monthly payments. Thinking long term, it’s better to buy a new car and drive it for as long as you can if your goal is to save money on payments.

Pros and Cons of Leasing a CarThere are limitations to what you can do with your car when you lease it. Your contract will specify a mile limitation that you can’t go over. If you do go over that limit, you’ll be subjected to additional fines. On the reverse side, you don’t get credit for miles that go unused, so you may feel obligated to get as close to that limit as possible without going over.

You also can’t make excessive modifications and must return the car back in the same condition, minus the expected wear and tear. You’re also under contract, so ending the lease early could result in hefty fees.

Find Toyota Lease Deals near Kendall, Miami & Hialeah, FL 

Now that you know the pros and cons of leasing, you can determine if leasing is right for you. If you want to drive the latest cars with lower monthly payments than normal, leasing is the perfect solution. At Doral Toyota, we have the latest Toyota models available for you to lease, so you can drive a high-quality vehicle that would normally be out of your price range.

Cruise the streets of Doral, Kendall, Miami, and Hialeah in style with a brand-new Toyota. Visit us or contact us today to learn more!

  • <center><strong>Introducing the All New 2025 Toyota Camry</strong></center>

    Introducing the All New 2025 Toyota Camry

    Lease for $329/mo for 36 months*
    or 3.99% / 4.49% / 4.99% / 5.99% APR Financing Available.
    OR NO PAYMENTS FOR 90 DAYS

    View Disclaimer

    STOCK: 511034 New 2025 Toyota Camry Hybrid LE. *Lease $329 for 36 months with 12,000 miles per year with approved tier 1 credit through SE Toyota Financial Services with $0 security deposit required. Offer based on model #2559 MSRP $30,694. $3,299 down payment, Excludes first payment, $999 dealer fee, $995 bank acquisition fee, tax, tag, $247.95 electronic title. No payments for 90 Days - This offer requires approved credit and financing through Southeast Toyota Finance. Not all applicants will qualify. Payments may be deferred for up to the first 90 days from inception. Interest will accrue from inception and the total amount of interest you will pay may be higher due to the deferment. Available on new Toyota vehicles only. The maximum contract term is 75 months. May not be combined with other offers. See dealer for details. Finance terms on approved credit Expires7/31/24 See your participating Toyota dealer for details. 3.99% / 4.49%/ 4.99%/ 5.99% APR financing available. See dealer for complete details. Terms available on approved credit through participating Toyota dealers and Southeast Toyota Finance. For only very well qualified customers. No down payment required if qualified for advertised offer. If you do not qualify for the offer, the amount and percentage of any down payment vary with your credit qualifications. Dealer contribution may vary and could affect price. Individual dealer prices, other terms and offers may vary. Must take retail delivery from the dealer's stock and terms subject to vehicle availability. Cannot be combined with SETF Lease Cash, Down Payment Assistance, Trade-in Assistance, Customer Cash, Lease, Lease Subvention Cash. See your participating Toyota dealer for details. Offer available in AL, FL, GA, NC, SC regardless of buyer's residency; void where prohibited. Expires 07-31-2024.

  • <center><strong>New 2024 Toyota RAV4 LE</strong></center>

    New 2024 Toyota RAV4 LE

    Lease for $349/mo for 36 months*
    OR NO PAYMENTS FOR 90 DAYS

    View Disclaimer

    STOCK: 511034 New 2025 Toyota Camry Hybrid LE. *Lease $329 for 36 months with 12,000 miles per year with approved tier 1 credit through SE Toyota Financial Services with $0 security deposit required. Offer based on model #2559 MSRP $30,694. $3,299 down payment, Excludes first payment, $999 dealer fee, $995 bank acquisition fee, tax, tag, $247.95 electronic title. No payments for 90 Days - This offer requires approved credit and financing through Southeast Toyota Finance. Not all applicants will qualify. Payments may be deferred for up to the first 90 days from inception. Interest will accrue from inception and the total amount of interest you will pay may be higher due to the deferment. Available on new Toyota vehicles only. The maximum contract term is 75 months. May not be combined with other offers. See dealer for details. Finance terms on approved credit Expires7/31/24 See your participating Toyota dealer for details.STOCK: 680356 New 2024 Toyota RAV4 LE-Auto. *Lease $349 for 36 months with 12,000 miles per year with approved tier 1 credit through SE Toyota Financial Services with $0 security deposit required. Offer based on model #4430 MSRP $31,630 $3,299 down Excludes first payment, $999 dealer fee, $995 bank acquisition fee, tax, tag, $247.95 electronic title. No payments for 90 Days - This offer requires approved credit and financing through Southeast Toyota Finance. Not all applicants will qualify. Payments may be deferred for up to the first 90 days from inception. Interest will accrue from inception and the total amount of interest you will pay may be higher due to the deferment. Available on new Toyota vehicles only. The maximum contract term is 75 months. May not be combined with other offers. See dealer for details. Expires 7/31/24 See your participating Toyota dealer for details.STOCK: 246488 New 2024 Toyota Corolla LE-Auto. *Lease $249 for 36 months with 12,000 miles per year with approved tier 1 credit through SE Toyota Financial Services with $0 security deposit required. Offer based on model #1852 MSRP $26,465. $2,999 down payment Excludes first payment, $999 dealer fee, $995 bank acquisition fee, tax, tag, $247.95 electronic title. No payments for 90 Days - This offer requires approved credit and financing through Southeast Toyota Finance. Not all applicants will qualify. Payments may be deferred for up to the first 90 days from inception. Interest will accrue from inception and the total amount of interest you will pay may be higher due to the deferment. Available on new Toyota vehicles only. The maximum contract term is 75 months. May not be combined with other offers. See dealer for details Finance terms on approved credit. Expires 7/31/24 See your participating Toyota dealer for details.

  • <center><strong>New 2024 Toyota Corolla LE</strong></center>

    New 2024 Toyota Corolla LE

    Lease for $249/ mo for 36 months*
    OR NO PAYMENTS FOR 90 DAYS

    View Disclaimer

    STOCK: 246488 New 2024 Toyota Corolla LE-Auto. *Lease $249 for 36 months with 12,000 miles per year with approved tier 1 credit through SE Toyota Financial Services with $0 security deposit required. Offer based on model #1852 MSRP $26,465. $2,999 down payment Excludes first payment, $999 dealer fee, $995 bank acquisition fee, tax, tag, $247.95 electronic title. No payments for 90 Days - This offer requires approved credit and financing through Southeast Toyota Finance. Not all applicants will qualify. Payments may be deferred for up to the first 90 days from inception. Interest will accrue from inception and the total amount of interest you will pay may be higher due to the deferment. Available on new Toyota vehicles only. The maximum contract term is 75 months. May not be combined with other offers. See dealer for details Finance terms on approved credit. Expires 6/30/24 See your participating Toyota dealer for details.

  • <center><strong>2024 Toyota Tundra SR5</strong></center>

    2024 Toyota Tundra SR5

    LEASE $489/ MO for 36 MONTHS
    or 1.99% APR Financing for 36 Months.
    OR NO PAYMENTS FOR 90 DAYS

    View Disclaimer

    Terms available on approved credit through Southeast Toyota Finance at participating Toyota dealers. Not all customers qualify. Lease example based on 2024 Tundra 2WD Crew Max SR5 V6 10AT Model 8261 with Total SRP of $50,960. $3,788 Due At Signing includes $2,604 customer down payment, first month's payment of $489, and $695 Acquisition Fee. Tax, title, Tags and $999 dealer fee, $995 bank acquisition fee, and $247.95 electronic title not included in vehicle prices shown and must be paid by the purchaser. Security deposit required with exception of prior Southeast Toyota Finance (SETF) financing history and/or SETF credit rating in which a security deposit may be waived. Dealer contribution may vary and could affect lease payment. Individual dealer prices, other terms and offers may vary. Must lease from participating dealer's stock and terms are subject to vehicle availability. Lessee responsible for maintenance, excess wear and use, and will pay $0.18 per mile for all mileage over 12,000 miles per year. $350 disposition fee is due at lease end. Cannot be combined with SETF APR Cash, Down Payment Assistance, Trade-in Assistance, Customer Cash, APR, APR Subvention Cash. Offer available in AL, FL, GA, NC, SC; void where prohibited. Expires 07-31-2024. See your participating Toyota dealer for details. 1.99% APR for36 monthly payments of $28.64 for every $1,000 financed. Terms available on approved credit through participating Toyota dealers and Southeast Toyota Finance. For only very well qualified customers. No down payment required if qualified for advertised offer. Payments may be deferred for first 90 days through SETF with approved credit. Interest accrues from inception/ contract date. If you do not qualify for the offer, the amount and percentage of any down payment vary with your credit qualifications. Dealer contribution may vary and could affect price. Individual dealer prices, other terms and offers may vary. Must take retail delivery from dealer's stock and terms subject to vehicle availability. Cannot be combined with SETF Lease Cash, Down Payment Assistance, Trade-in Assistance, Customer Cash, Lease, Lease Subvention Cash. See your participating Toyota dealer for details. Offer available in AL, FL, GA, NC, SC regardless of buyer’s residency; void where prohibited. Expires 07-31-2024

  • <center><strong>2024 Toyota Tacoma</strong></center>

    2024 Toyota Tacoma

    Lease for $409/mo*
    OR NO PAYMENTS FOR 90 DAYS

    View Disclaimer

    Terms available on approved credit through Southeast Toyota Finance at participating Toyota dealers. Not all customers qualify. Lease example based on 2024 Tacoma 2WD Double Cab SR5 L4 8AT Model 7146 with Total SRP of $38,695. $3,708 Due At Signing includes $2,604 customer down payment, first month's payment of $409, and $695 Acquisition Fee. Tax, title, Tags and $999 dealer fee,$995 bank acquisition fee, and $247.95 electronic title not included in vehicle prices shown and must be paid by the purchaser.Securitydeposit required with exception of prior Southeast Toyota Finance (SETF) financing history and/or SETF credit rating in which a security deposit may be waived. Dealer contribution may vary and could affect lease payment. Individual dealer prices, other terms and offers may vary. Must lease from participating dealer's stock and terms are subject to vehicle availability. Lessee responsible for maintenance, excess wear and use, and will pay $0.18 per mile for all mileage over 12,000 miles per year. $350 disposition fee is due at lease end. Cannot be combined with SETF APR Cash, Down Payment Assistance, Trade-in Assistance, Customer Cash, APR, APR Subvention Cash. Payments may be deferred for first 90 days through SETF with approved credit. Interest accrues from inception/ contract date. Offer available in AL, FL, GA, NC, SC; void where prohibited. Expires 07-31-2024. See your participating Toyota dealer for details.