Should I Lease Or Buy

Lease or Finance:

The Choice is Yours

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Lease or Financing at Toyota of Watertown

Our goal at Toyota of Watertown is to provide you with an Easy, Straightforward and Transparent experience. We assist drivers all over the Boston Metro area, from Watertown, Waltham, Belmont, Newton, Needham, and beyond in finding the perfect Toyota that best suits their personal budget and driving needs. Not sure whether you should lease or buy? We've compared the benefits or leasing and financing so you can best determine which will fit your lifestyle best. Which road will you take?

Why Lease A Toyota?

Freedom of Choice
Lower Payments
Hazard-Free Driving
True Convenience

Why Finance A Toyota?

No Mileage Restrictions
Payment Flexibility
True Freedom

Freedom means flexible options.

If you like to change things up every few years, or if you're looking to lower your monthly payment, leasing with Toyota Credit may be the option for you. Drive a new Toyota for a set amount of time and number of miles, and return it to your Toyota Dealer at the end of your term. With a variety of lease options, you can choose the term and mileage that best fits your lifestyle and payment needs.


When you lease a vehicle, you do not own it. You pay to use it during the term of your lease, allowing you to drive the latest models.


Since you pay for the vehicle's depreciation, plus applicable taxes and fees instead of the purchase price, you can drive a premium vehicle for less than you might with financing over a similar term.


We offer a variety of mileage options for you to choose from to meet your driving needs. Whatever you choose as your base mileage option, you'll retain the opportunity to purchase more miles later on.


At the end of the lease, you have the flexibility to return your leased vehicle to your Dealer, purchase it for a predetermined price, or buy or lease a new Toyota vehicle.


Enjoy the pride of ownership.

If you can't wait to make this Toyota your own-customize it however you wish and drive it to the ends of the earth‑then financing with Toyota Credit is the way to go. Financing your vehicle allows you to make payments for a selected term, and at the end of that term, the car is yours. That means total ownership and maybe even equity.


You own the vehicle outright after your financial obligations are met, and you can sell your vehicle or trade it in at any time.


A finance contract sets a number of payments over a term. These monthly payments will typically be higher than if you were leasing the same vehicle over a similar term. To pay your balance off faster, pay more against the principal.


You may drive as many miles as you want. However, if you decide to sell or trade in your vehicle, the mileage may impact its value.


Since you are making payments toward the ownership of your vehicle, you can customize it at any time.


Since the vehicle will be yours once you pay off your contract, there are no charges for excessive vehicle wear and use. If you decide to sell or trade in your vehicle, the excessive wear and use may impact its value.

"The finance team is amazing and got me the good price on the right car. I’m 100% happy."

- Brian M. | Google Review

At Toyota of Watertown, we promise to make your experience

Easy. Straightforward. Transparent

Are You Looking To Finance Or Lease A Toyota?

Our Boston Metro Toyota Dealership Can Help! If you are looking for more information on leasing or purchasing a Toyota or pre‑owned vehicle, our team is ready to help. For easy and competitive financing options for a New or Pre‑Owned Toyota in Watertown, MA stop by and speak with a member of our finance team and find out how we can assist you. Serving Watertown, Belmont, Newton, Brighton, Waltham and beyond, our professional staff is prepared to show your our wide selection of Toyota and Pre‑Owned inventory and explain all your leasing or financing options.