Mar 21, 2025

Are you thinking about getting a new Toyota but can’t decide whether to buy or lease? At Mark Jacobson Toyota in Durham, we know this choice can be tough. Leasing a Toyota has many benefits that might suit your driving needs. Let’s dive into the leasing process and why Mark Jacobson Toyota should be your go-to for leasing a Toyota.

Understanding Toyota Leasing Basics

Leasing a Toyota is like a long-term rental. It usually lasts 24-36 months. Instead of paying for the whole car, you pay for the depreciation during your lease, plus interest and fees.

The leasing process typically includes:

  1. Choosing your Toyota model
  2. Deciding on your lease term (usually 24, 36, or 48 months)
  3. Setting your expected annual mileage (typically 10,000-15,000 miles)
  4. Reviewing the lease agreement
  5. Making a down payment (often lower than buying)
  6. Enjoying your new Toyota during the lease
  7. Returning the car at the end or buying it

Benefits of Leasing a Toyota

  • Lower monthly payments: Lease payments are usually 30-60% lower than loan payments for the same car. This lets you drive a higher trim Toyota for less each month.
  • Minimal down payment: Most leases require less money upfront than buying, keeping your cash available for other needs.
  • Latest car model: Leasing allows you to enjoy Toyota’s newest models with the latest features every few years.
  • Warranty coverage: Most leases stay within Toyota’s factory warranty, reducing repair costs and worries.
  • Flexibility at lease end: When your lease expires, you can choose to:
    • Buy your leased vehicle at a set price
    • Lease another new Toyota model
    • Return the vehicle and walk away

Why Choose Mark Jacobson Toyota for Your Lease

At Mark Jacobson Toyota, we make leasing easy and beneficial:

  • Competitive lease deals: Our finance team works hard to offer the best lease terms in the Durham area.
  • Exceptional service throughout: From your first visit to lease-end, our team provides the responsive service that made our “We Say Yes” approach famous in Raleigh, Chapel Hill, and beyond
  • Expert guidance: Our leasing specialists help you find the best manufacturer incentives to save you money.
  • Personalized lease terms: We tailor lease agreements to fit your driving habits and budget, with flexible mileage options.
  • Transparent pricing: We explain all lease details clearly so you know exactly what you’re paying for—no surprises.

Is Leasing Right for You?

Leasing a Toyota is a great option if you:

  • Drive a predictable number of miles each year
  • Enjoy the latest features and technology
  • Like driving a new vehicle every few years
  • Prefer lower monthly payments
  • Want to avoid long-term maintenance worries

Ready to lease a Toyota vehicle? Visit Mark Jacobson Toyota today to check out our Toyota lease deals. Experience the difference with our customer-focused approach. Our team is eager to help you find the perfect Toyota and leasing plan for your lifestyle and budget.

Contact us today or stop by our Durham showroom to learn how we can help you drive away in a new Toyota with a lease tailored just for you.