Why Leasing is the
Smart Choice for You

At Orangeville Toyota, we understand that buying a vehicle is a big decision, one that should fit your lifestyle, budget, and future plans. That’s why leasing is becoming the preferred choice for drivers who want lower costs and more flexibility.

Toyota Lease at Orangeville


The Top Benefits of Leasing a Vehicle

  • Lower Monthly Payments – Leasing means you’re only paying for the portion of the vehicle, not the full price.

  • No Large Upfront Payment – Why spend a big chunk of your savings on a car? Leasing lets you avoid a large initial payment while still driving a brand-new, reliable Toyota.

  • Always Drive a Newer Model – With leasing, you can upgrade to a new vehicle every few years, enjoying the latest technology, fuel efficiency, and safety features without the long-term commitment of ownership.

  • Less Worry About Repairs – Most leases cover the vehicle during the manufacturer’s warranty period, meaning fewer unexpected repair costs and greater peace of mind.

  • No Hassle of Reselling – When you own a car, you eventually have to sell or trade it in, often for less than you hoped. With leasing, you simply return the car and choose your next one, no stress, no negotiations.

  • Flexible Terms to Suit Your Needs – Pick a lease that fits your driving habits and budget.


Need More Information About Your Leasing Options?

Visit us at Orangeville Toyota or fill out the form online, and let our experts guide you through the best leasing options for your lifestyle and budget. Leasing has never been this simple.

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Frequently Asked Questions About Leasing

Leasing allows you to drive a new Toyota with lower monthly payments compared to financing. You'll enjoy the latest features, warranty coverage for most of your lease term, and the flexibility to upgrade to a new model at the end of your lease.

With a lease, you pay for vehicle use over a set term, typically 24 to 60 months. At the end of your lease, you can choose to return the vehicle, lease a new Toyota, or purchase the vehicle at its predetermined residual value.

At the end of your lease, you have three options:

  • Return the vehicle and lease a new Toyota.
  • Purchase your leased vehicle at the agreed-upon buyout price.
  • Simply return the vehicle and explore other options.

Yes, lease agreements typically include a kilometre limit between 16,000 and 24,000 km per year. If you exceed this limit, there may be additional charges. When setting up your lease, you can choose a higher kilometre allowance to better match your driving needs.

Yes, but ending a lease early may involve fees, including remaining payments and early termination charges. If you're considering ending your lease early, contact us to explore options such as lease transfers or early trade-ins.

For more details about leasing a Toyota, visit our team at Orangeville Toyota or contact us today by filling out the form above.

From Our General Manager: Why Toyota’s Long-Term Value Makes It a Smarter Choice

When leasing a vehicle, the end-of-term residual value plays a crucial role in determining the overall cost of ownership. Toyota, with its reputation for reliability, durability, and high resale value, consistently outperforms many competitors in terms of residual value retention. But what exactly does that mean for you?
 

Residual Value and Depreciation Explained

Residual value reflects how much a vehicle is expected to be worth at the end of a lease, based on its original MSRP. A higher residual value means lower monthly lease payments and less financial loss over time. In contrast, depreciation is how much value a vehicle loses each year. The less it depreciates, the more you save.
 

Toyota’s Brand Power in Action

Toyota vehicles like the Tacoma, Corolla, and Camry are known for holding their value, largely due to the brand’s long-standing reputation for quality and dependability. This trust translates to slower depreciation, making Toyota models more desirable on the used market and boosting their residual value. For lessees, that means lower payments and better overall value.
 

Cheaper Isn’t Always Smarter

A lower upfront price might seem appealing, but a budget vehicle can lose value quickly, costing more in depreciation over time. By contrast, Toyota’s higher residual values can make it the more financially sound choice, whether you're leasing or buying.
 

The Bottom Line

Toyota’s reputation pays off - literally. With strong resale values and dependable performance, Toyota vehicles retain more of their value, helping you save money and drive with confidence over time.