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1717 WEST SW LOOP 323 Tyler, TX 75701 (903) 581-0600
1717 WEST SW LOOP 323, Tyler, TX 75701
Sales: (903) 303-5289 | Service: (903) 225-7022 | Parts: (903) 225-7022

Buy or Lease in Tyler, TX

Should you buy or lease your next vehicle? Classic Toyota makes it easy to decide which is beat for you.

To buy or to lease? That is the question facing shoppers considering a new car in Tyler, TX, but if you are reading this, your questions are about to be answered! Classic Toyota in Tyler, TX is here to assist you in figuring out whether purchasing a new Toyota or leasing a new Toyota is better for you. We have a wide selection of new Toyota models available for purchase or lease, including the Camry, Corolla, RAV4, Avalon, Land Cruiser, Sienna, Tacoma, Tundra, Highlander, Prius, and more! Think about your goals for getting a new car and how you plan to use the vehicle. If you are having trouble deciding between buying a new Toyota or starting a new Toyota lease, Classic Toyota is here to help. Check out our handy Buy versus Lease guide below.

Should you buy or lease? Classic Toyota in Tyler can help you decide. With our Buy vs Lease guide, you can get the most for your money and out of your next new car.

Buying a Car

Buying a new car has great benefits, which include:

  • No minimum mileage; drive as many miles as you want in your car
  • Building equity in the vehicle as you pay for it and building your credit as well
  • Having increased flexibility in how and when your car is used, and for any kind of driving
  • You own your car completely after you pay it off, it’s yours for good
  • Buying a car grows more economical the longer you own your car
  • Being able to upgrade, modify, and personalize your car as you see fit

If you plan on buying a car, you must consider that you will likely need a higher down payment and make higher monthly payments, you will be responsible for the car’s maintenance cost once the warranty expires, you will have to sell or trade your vehicle if you want to switch cars later on, new cars lose value over time.

Leasing a Car

The benefits of leasing a new car or truck include:

  • Lower monthly payments
  • A lower up-front payment, usually just the first month’s fee and a security deposit, along with taxes and fees
  • The ability to choose a premium vehicle or a higher trim grade than you would be able to if you were buying
  • Lower or covered repair costs (most leased cars will remain under warranty for the entirety of your lease)
  • You can drive a new car every few years and don’t have to settle
  • No hassles with trying to trade or sell the vehicle
  • You will pay sales tax only on the amount you pay during your lease, not on the whole price of the car

If you are thinking about leasing a new Toyota keep in mind that you won’t own the car at the end of your lease term (but you will have to option to buy it if you choose), you will get limited yearly mileage and will have to pay for exceeding that limit, leasing is less economical over a long period, excess wear and tear costs are your responsibility, and if your driving need change, it can be expensive to break your lease early.

Now that you have got the basics, come in to Classic Toyota in Tyler, TX and talk with our financial advisors and sales team about your new Toyota purchase or lease options.

Dealer Information
Classic Toyota Tyler 1717 WEST SW LOOP 323 Tyler, TX 75701 Get Directions
Sunday:
CLOSED
Monday:
9:00 AM - 8:00 PM
Tuesday:
9:00 AM - 8:00 PM
Wednesday:
9:00 AM - 8:00 PM
Thursday:
9:00 AM - 8:00 PM
Friday:
9:00 AM - 6:00 PM
Saturday:
9:00 AM - 6:00 PM
Sunday:
CLOSED
Monday:
7:00 AM - 6:00 PM
Tuesday:
7:00 AM - 6:00 PM
Wednesday:
7:00 AM - 6:00 PM
Thursday:
7:00 AM - 6:00 PM
Friday:
7:00 AM - 6:00 PM
Saturday:
7:00 AM - 5:00 PM
Sunday:
CLOSED
Monday:
7:00 AM - 6:00 PM
Tuesday:
7:00 AM - 6:00 PM
Wednesday:
7:00 AM - 6:00 PM
Thursday:
7:00 AM - 6:00 PM
Friday:
7:00 AM - 6:00 PM
Saturday:
7:00 AM - 5:00 PM
Sunday:
CLOSED
Monday:
7:30 AM - 5:30 PM
Tuesday:
7:30 AM - 5:30 PM
Wednesday:
7:30 AM - 5:30 PM
Thursday:
7:30 AM - 5:30 PM
Friday:
7:30 AM - 5:30 PM
Saturday:
CLOSED

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