Financing Your Toyota Vehicle Purchase

The Toyota brand has earned a name for building models with stellar technological ingenuity and durable craftsmanship, so getting one is an excellent decision. Whether you live near Columbia or are in the market for a Toyota Corolla, Toyota Camry, or Toyota Tundra, Toyota Financial Services is here to help put you in the driver's seat.

At Rusty Drewing Toyota near Jefferson City, we're here to facilitate the last stage of the purchase, ensuring it will be a simple and fun process. Read on for our best tips on the Toyota brand's leasing and buying processes.

Toyota Financial Services

Toyota Financial Services is the professional department that specializes in the financial aspects of your purchase or lease. The process of applying for financing has been simplified to offer customers a user-friendly experience. It routinely offers discounts that help our customers save money. These can be found on the Toyota Financial Services website.

Now that you're ready to get a vehicle, you can purchase one by financing or leasing it. What is the difference? Purchasing a vehicle means paying a certain monthly amount until the vehicle is paid off. Customers often apply for credit to do this, which usually means that a third-party trusted partner will loan the customer the amount needed to pay for the vehicle. The customer will then pay off that loan over time. When the loan is paid off, the vehicle is yours to keep.

If you lease the vehicle, you will sign a lease agreement to pay every month for the term length of your agreement. When your lease ends, you have three options: return, replace, or purchase. Some customers love their Toyota and choose to keep it. At this point, you could take advantage of any offers and incentives Toyota offers and apply for financing. If you want to continue leasing the vehicle, you will sign off on a new lease for the term length of your choice. You could turn the car in if you no longer need the vehicle.

Finalizing the Process

When you search the Rusty Drewing Toyota website, you'll likely find a Toyota vehicle to meet your needs and preferences. Then visit the dealership in person for a test drive. To finalize the process, you'll want to visit the Toyota Financial Services page and click "Apply for Credit." Fill out the online application, get your response, and head to Rusty Drewing Toyota near Jefferson City.  When you arrive, you will meet with a finance team member to review the paperwork and details of your purchase. They will give you information on interest rates, loan terms, and any available offers at the time of purchase.