Is it better to lease a vehicle or buy outright?
Do you need a vehicle? If so, you have likely heard of the two different ways in which you can acquire one: leasing and buying. A big debate between these two methods is regarding which is better. Ideally, buying is the most popular method; however, both leasing and buying have their pros and cons. Some leasing services, such as Toyota financing, provide incredible benefits, while outright buying a vehicle affords you a lot of freedom. To describe the benefits and drawbacks associated with buying a vehicle compared to leasing programs, such as Toyota’s financial services, we at Toyota Direct have provided a helpful list below.
Leasing:
When you lease a vehicle, you pay for the right to drive it for a fixed period of time, which typically ranges between three and four years. An excellent example of a leasing program is Toyota’s financial service. Below, you can find the pros and cons of leasing a vehicle.
Pros:
- Lower Monthly Payments
If you compare the monthly cost of leasing a car against the monthly loan payments of buying a vehicle, you will notice that it is much cheaper to lease. Toyota lease specials also allow you to save even more when deciding to lease. Additionally, you won’t have to put much money down at all when you go to lease a vehicle.
- A New Car Every Few Years
In addition to lower monthly payments, one of the most significant perks of leasing a vehicle with Toyota financing, or any other leasing service, is the fact that you can trade it in every few years for a new one. If you would like to learn more about the benefits of leasing with Toyota’s financial services, you can talk with our experts at Toyota Direct or any Toyota dealership near you.
Cons:
- Higher Long-Term Costs
Suppose you wish to lease vehicles for a long period of time. In this case, you will end up paying much more than if you were to outright purchase a vehicle since monthly payments are continuous while leasing a vehicle.
- No Ownership Unless You Decide To Buy
Unless you choose to buy a vehicle after leasing it through Toyota financing or any other leasing service, you will not have the advantages that come with owning a vehicle. For example, you won’t be able to customize a leased vehicle. You may also have specific guidelines that you need to follow during a vehicle lease.
Buying:
The most common method to acquire a car with a dealership in Columbus, Ohio, or anywhere else is to buy one. When buying a vehicle, people typically use loans through a financial institution or in-house lending with a dealership.
Pros:
- Cheaper Long-Term Cost
Overall, buying a vehicle is much cheaper in the long term than leasing one. The biggest factor you should concern yourself with when financing a car is the interest rate and term of a loan, as that will determine how much you will end up paying for a car.
- Total Control And Ownership
One of the most significant benefits of buying a vehicle is the fact that you have total control and ownership of the vehicle. Thus, you can customize it to your heart’s content. You will also have the ability to trade or sell a vehicle you’ve purchased, allowing you to get a return on your investment.
Cons:
- Costs More Up Front With Higher Monthly Payments
When it comes to upfront costs, buying a vehicle will typically cost you more than leasing one. Buying a vehicle typically requires initial fees and a down payment, which can prove costly depending on the price of the vehicle you desire.
- Depreciation Of Value
Another disadvantage of buying a car is that it will depreciate in value over time. In fact, new vehicles will lose up to 60% of their value on average after five years. This cost depreciation is not typically an issue with used vehicles, however, since they’ve lost most of their value within the first five years of ownership.
How Reliable Are Toyota Tacoma Trucks?
When you are in search of a truck for sale near you, it is likely that you would like something reliable that will last you for years to come. As one of Toyota’s most popular truck models, the Toyota Tacoma for sale provides some of the top reliability compared to every truck on the market. There are quite a few factors that contribute to this reliability. To describe these factors, we at Toyota Direct have compiled a detailed list below that describes the reasons to consider a new or used Toyota Tacoma.
Durable Construction Means Reliability
Durability is one of the most significant factors that makes for a reliable new or used truck near Columbus, Ohio. Luckily, Toyota Tacomas for sale are equipped with a set of high-strength components which provide incredible durability, even under the most strenuous conditions. The durability of the Tacoma also means that it can outlast most other trucks on the market, with many Tacomas staying on the road for up to 400,000 miles when well-maintained.
Versatile Performance Capabilities
Something else that contributes to the exceptional reliability of new and used Toyota Tacomas is their incredible performance. Featuring high-quality components under the hood, the Tacoma provides a great driving experience on and off the road. If you look below, you can see the components that make this performance possible:
- 2.7L Four-Cylinder Engine/ Optional 3.5L V6 Engine
- RWD/ Available AWD
- Six-Speed Automatic Transmission/ Optional Manual
If you would like to get behind the wheel of one of these powerful trucks, you can contact our Toyota dealership near Columbus, Ohio, or any Toyota dealer near you to schedule a test drive.
Towing Capacity
If there’s something that every truck buyer shares, it’s the desire to tow something at some point. Fortunately, a Toyota Tacoma for sale has you covered. In fact, the Tacoma is capable of towing up to 6,500 lbs. if you choose the right drivetrain. Thus, you could tow anything from a boat to a small camper.
Safety
Safety is likely to be one of your concerns when searching for a truck, especially if you plan on carrying friends or family. The good news is that Toyota is well known for its safety features, equipping all new and used Toyota Tacomas with Toyota Safety Sense. Toyota Safety Sense consists of a set of high-tech safety features that make for a more confident and comfortable driving experience overall. You can find these safety features in the bullet list below:
- Pre-Collision System w/ Pedestrian Detection
- Dynamic Radar Cruise Control
- Lane Departure Warning System
- Auto High Beams
- Lane Tracing Assistance
- Road Sign Recognition
Fuel Economy
When it comes to fuel economy, the Toyota Tacoma beats out a lot of its competitors, providing a decent amount of fuel efficiency for a truck. Newer Toyota Tacomas offer up to 23 mpg on the highway and 20 mpg in the city, allowing you to save more at the pump than you would expect with a truck.
Range Of Trim Options
While browsing Toyota trucks for sale, you will probably notice that every truck model has a lot to offer in terms of variety. The Tacoma features several different trim levels, which all feature a variety of unique upgrades and uses. The right trim level for you will be highly dependent on how you plan to use a truck. For example, if you are an off-road enthusiast, the Tacoma TRD Off-Road trim is the perfect choice for you, equipped with components that are specifically designed for off-roading. If you look at the following list, you can see the range of trim options for the Toyota Tacoma:
- SR
- SR5
- TRD Sport
- TRD Off-Road
- TRD Pro
- Limited
Car shopping can go two different ways. Either you get exactly what you want, having been satisfied with your decision, or you walk away with something that doesn’t. More often than not, the people driving away with something they want know the right questions to ask. Thus, before you visit a used car lot near Columbus, Ohio, or anywhere else, you should understand the best questions to ask during your dealership visit. Fortunately, we at Toyota Direct’s Columbus used car dealer have a thorough understanding of how to go about car shopping. Thus, we have compiled a detailed list below of the best questions to ask when shopping with a used car dealership.
- What Is The Condition?
While visiting our used car lot near Columbus, Ohio, or any used car lot near you, the first thing you should inquire about is the condition of whichever vehicle interests you. Used cars near Columbus, Ohio, and elsewhere can be classified into two different conditions: certified pre-owned and as-is. When a used car is certified pre-owned, it means that it has been run through a series of inspections to certify it as suitable for sale. When a vehicle is sold as-is, on the other hand, it means that it hasn’t been inspected and is being sold in the condition it is in, which can pose more risk.
- Safety Features?
When shopping for a vehicle, Toyota Direct’s Columbus used car dealer, or anywhere else, safety is likely to be one of your concerns, especially if you have a family. With this being said, you should always ask about safety features before financing a used car; that way, you can find something that suits your preferences.
- Fuel Economy?
With the presently fluctuating gas prices, fuel economy is a significant factor to consider when shopping at a used car lot near Columbus, Ohio, or wherever you may be. If you plan on purchasing a vehicle to commute, for example, you should find something with good fuel efficiency. You could even consider a hybrid if you want to get the most out of your gas tank.
- Warranty?
Most Columbus used car dealers will offer warranties with their vehicles. However, it’s always good to inquire further about these warranties. A warranty can be beneficial for you and your wallet, covering specific repairs and maintenance for a set amount of time or mileage.
- Are There Any Deals Or Incentives?
If you would like to save money on your used car loan rates, you should make sure to ask about any deals or incentives being offered at a dealership. These deals could range from reduced interest rates on loans to specials on specific vehicles. Typically, deals also occur around the holidays or during end-of-the-year sales. Therefore, you should aim to shop for your car at the appropriate time. You should note, however, that at Toyota Direct, we always have incredible deals on our excellent used car loan rates near Columbus, Ohio.
- Can I See The Vehicle History Report?
The final thing you should ask about before closing the deal on a vehicle is the vehicle history report. A vehicle’s history report will indicate how a vehicle was previously maintained, along with whether or not it has been involved in any accidents or incidents such as theft. It will also serve as a good indicator of the amount of life left in a vehicle. Additionally, services like Carfax make it easier than ever to check a vehicle’s history. Hence, if you visit a dealership and they are unable to provide a history report, you should take it as a red flag and find somewhere else to shop for a vehicle.
Which Toyotas last the longest?
When people buy vehicles, they typically are only thinking about how excited they are to drive them. Not many people, however, consider the amount of time a vehicle will last. With this being said, this is an extremely important factor to think about when deciding on a vehicle. After all, you want something that will be worth your money, lasting you for years to come. As one of the most reputable car brands, Toyota’s used cars are some of the longest-lasting on the market. Before you visit a Toyota dealership near you, however, you may be wondering which models last the longest. If you take a look at the list below, you can browse the three longest-lasting Toyota models.
Toyota Land Cruiser:
With a large engine and enough room to accommodate up to eight passengers, the Land Cruiser sets itself apart from other Toyota used cars with its long-lasting reliability.
- Percent Of Cars Over 200k Miles
According to a study done by iSeeCars, most of Toyota’s SUV models are at the top of the list when it comes to lifespan. In the number one spot on this list is the Toyota Land Cruiser, with 18.2% of Land Cruisers still on the road after 200,000 miles.
- Performance
The Land Cruiser boasts powerful performance, with a large engine that helps it to take on harsh terrain and rugged conditions. If you browse the following list, you can see the components that make this performance possible:
- 5.7L 381hp V8 Engine
- 4WD
- Eight-Speed Automatic Transmission
- 15 mpg combined
If you would like to test out this powerful driving experience for yourself, you can schedule a test drive with Toyota Direct’s Toyota dealership near Columbus, Ohio, or any other Toyota dealer.
- Trim Levels
When you go to browse Toyota used cars, you will likely notice that there is a lot of variation among every model. In fact, each model offers a range of trim levels, which all offer unique features and upgrades. Although the Land Cruiser offers only two trim levels, each one offers a great set of features. Below, you can find all of the Land Cruiser’s available trim levels:
- Base
- Heritage
Toyota Sequoia:
When it comes to size, the Toyota Sequoia rivals the Land Cruiser, with enough room to seat up to eight passengers.
- Percent Of Cars Over 200k Miles
Compared to Toyota trucks for sale, most of Toyota’s SUVs last surprisingly long. In fact, the Toyota Sequoia has 14.2% of its vehicles still driving after 200,000 miles.
- Performance
With the same performance specifications as the Toyota Land Cruiser, the Sequoia also makes for an excellent driving experience on and off the road. To test drive a Sequoia, you should reach out to a Toyota dealership near you.
- Trim Levels
While browsing a Toyota dealership near you, one of the biggest differences you will see between the Sequoia and the Land Cruiser is the number of trim levels offered. With six different trims to choose from, you can truly find the Sequoia unique to your preferences. The following list contains every trim option featured by the Sequoia:
- SR
- TRD Sport
- Limited
- Nightshade
- TRD Pro
- Platinum
Toyota 4Runner:
The final model among Toyota’s longest-lasting vehicles is the Toyota 4Runner, which boasts incredible off-road capabilities.
- Percent Of Cars Over 200k Miles
Compared to the above models, the 4Runner doesn’t have as many vehicles on the road after 200,000 miles. However, it is still at the top of the list when it comes to cars with the highest longevity, with 4.6% of 4Runners lasting past 200,000 miles.
- Performance
As mentioned above, the 4Runner is well known for its off-road capabilities. If you would like to see what makes these capabilities possible, you can browse what comes under the hood of a 4Runner below:
- 270hp 4.0L V6 Engine
- RWD/AWD
- Five-Speed Automatic Transmission
- 18 mpg combined
- Trim Levels
If you browse 4Runners at our Toyota dealer in Ohio or at any other Toyota dealer, you will surely notice the wide array of trims. The 4Runner offers so many different options, allowing you to customize it to your liking. If you browse the bullet points below, you can see every 4Runner trim level:
- SR5
- TRD Sport
- Trail Special Edition
- SR5 Premium
- TRD Off-Road
- TRD Off-Road Premium
- Limited
- TRD Pro
What Should You Not Do When Buying A Used Car?
When you are ready to finance a car with a used car dealership near you, you may look online for some advice before shopping. Most articles will provide details on what you should do while searching for a vehicle. However, not many articles describe what you shouldn’t do, despite the fact that it is just as important to understand what not to do if you want to avoid mistakes. After all, you don’t want to end up with buyer’s remorse. With this being said, we at Toyota Direct have been selling used cars near Columbus, Ohio, for quite some time now. Hence, we’ve developed a lot of knowledge about the car buying process. With this knowledge, we have put together a list below to help inform you of what not to do while shopping for a used vehicle.
- Not Knowing Your Credit Score Before Financing
As you may know, most used car dealerships near you use credit scores in determining eligibility for an auto loan. For this reason, you shouldn’t shop for a car without first understanding your credit score. Fortunately, checking your credit score is easier than ever, with many free credit report tools online.
- Visiting Without Knowing How Much You Want To Spend
Whether you are shopping at a shoe store or Toyota Direct’s used car dealership near Columbus, Ohio, you should never visit without first knowing how much you would like to spend. The only difference between the two is that buying a vehicle at a used car dealership near you is a much more significant financial decision. Thus, you could end up making a big mistake if you decide without understanding how much you want to spend.
To calculate how much you would like to spend, you should make a budget that is based on your financial situation and every expense associated with financing a vehicle. These expenses can be seen within the following bullet points:
- Insurance Rate
- Initial Fees
- Sales Taxes
- Vehicle Cost
- Fuel Cost/MPG
- Registration Fee
- Shopping Without Having An Idea Of Your Desired Vehicles
Another thing you should avoid when searching for used cars near Columbus, Ohio, or anywhere else is visiting a dealer without having an idea of the vehicle you want. The right vehicle for you will depend on a lot of your needs and preferences, so you should think carefully about what you want before shopping. As an example, you may need to haul something heavy or do some strenuous work with a vehicle. In this case, you should probably consider refining your search down to used trucks for sale. You should also consider your preferred manufacturer. If you want a brand with plenty of variety, for example, you should take a look at Toyota used cars.
- Deciding On The First Vehicle Or Finance Plan You See
One of the biggest mistakes many people make when shopping for used cars near Columbus, Ohio, and elsewhere is deciding on the first vehicle that catches their eye. This can be a costly mistake, leaving you with regrets as there may have been options that better suited your needs.
If you do happen to find a car that’s perfect for you, the same rule applies to finance plans. When financing a vehicle, you should always explore your options, finding the right plan for you rather than taking the first one that is offered.
- Forgoing A Test Drive
During your visit to Toyota Direct’s used car lot near Columbus, Ohio, or any other car lot, one of the most important steps to deciding on a vehicle will be the test drive. During a test drive, you will be able to get a feel for the way several vehicles drive, deciding which one fits you best. Therefore, if you were to forgo a test drive, you may end up with something that doesn’t suit you at all.
Is Buying A Used Truck A Good Idea?
If you are in search of a truck for sale near Columbus, Ohio, or anywhere else, you may be pondering whether or not it is a good idea to buy something used. After all, used trucks near Columbus, Ohio, and everywhere else, for that matter, are much more popular than new trucks for sale. There are many reasons for the popularity of used trucks. We at Toyota Direct also want you to be informed about these reasons. Thus, we’ve created a helpful list below of the benefits associated with buying a used truck.
- Signature Durability And Reliability
Something shared among all used trucks near Columbus, Ohio, and everywhere else is reliability. In fact, trucks are well-known for their reliability, given their durable construction and high-quality components. A used Toyota Tacoma, for example, can last up to 300,000 miles if well-maintained. In some cases, Tacomas have even lasted up to 400,000 miles.
- Incredible Affordability
Compared to new trucks for sale near Columbus, Ohio, or anywhere else, used trucks are exponentially cheaper. Because the value of most used trucks has already diminished after prior use, the prices of used trucks are inherently lower than new ones. Additionally, many dealers, such as Toyota Direct’s used car dealership near Columbus, Ohio, offer deals and offers which serve to reduce the cost of used trucks even more.
- Mileage
One factor you should be aware of when shopping for used trucks near Columbus, Ohio, or anywhere else is mileage. When it comes to used trucks, mileage is an important factor, as it helps to indicate how much life is left in a truck. Generally, you should strive to find something less than 100,000 miles since maintenance and repairs may outweigh the cost of the vehicle at that point. Regarding used Toyota trucks, however, you may be able to find something with higher mileage since they are known to last longer than other trucks.
- Proper Maintenance Extends Life
As mentioned above, proper maintenance ensures the longest life out of a truck. With this being said, there are several maintenance tasks that are essential to prolonging the life of any vehicle. The most common maintenance tasks can be seen listed below:
- Check And Maintain Fluids
- Inspect Brakes And Suspension
- Assess Tire Pressure And Wear
- Clean Vehicle When Needed
- Many Utilities
Whether you are shopping for a truck for sale near Columbus, Ohio, or wherever you may be, you should note that one of the most significant benefits of owning a truck is the amount of utility provided. In truth, most people who purchase a truck likely plan to haul something at some point. With four-wheel drive, trucks are also capable of going places other vehicles cannot. A used Toyota Tundra is a perfect example of this versatility, with up to 12,000 lbs. of towing capacity and four-wheel drive options.
- Vehicle History Reports
When purchasing a used truck, an essential piece of information you should always look at before deciding is the history report. A truck’s history report will indicate how a truck was previously maintained, along with any accidents or incidents that may have occurred. All of this information is incredibly important in determining the reliability of a used truck. Thus, you should always ensure that a dealership provides it; otherwise, you should find somewhere else to shop.
- Most Popular Models
Among used trucks, there is enough variety to suit anybody’s needs or preferences. With so many models to choose from, however, you may be wondering which models are the most popular. If you look below, you can see the most popular trucks that are sold today:
- Toyota Tacoma
- Toyota Tundra
- Ford F-150
- Chevy Silverado 1500
- Ford F-Series Super Duty
Given that most dealerships use credit scores in determining eligibility for auto loans, car loans for bad credit may seem counterintuitive. Fortunately, however, there are plenty of options when it comes to finding a car loan with bad credit. Bad credit car dealerships, such as Toyota Direct, cater directly to auto buyers with bad credit, helping them to find the car of their dreams. If you are searching for a vehicle with bad credit, you should also note that it is easier than you may think to find a bad credit loan. With a little information, you can ensure that you find financing that is suitable for your situation. To provide this information, we at Toyota Direct have put together a helpful list below.
- Set A Budget
The first factor you should concern yourself with when seeking a car loan for bad credit is how much you would like to spend on a vehicle. To deduce how much you would like to spend, you should devise a budget based on your current financial situation and every cost associated with car financing for bad credit. The list below contains the financial factors to consider with a budget:
- Vehicle Cost
- Taxes
- Initial Fees
- Maintenance
- Registration Fee
- Insurance Rate
- Fuel Cost
- Research Bad Credit Dealerships
Upon creating a budget, you should then begin researching bad credit car dealerships. While researching, you should focus on finding something reliable since some bad credit dealers can be predatory towards buyers with bad credit. In determining a bad credit car dealership’s reliability, there are several factors that you should consider, which can be seen in the following list:
- Easily Accessible Website
- Positive Customer Reviews/Ratings
- Many Forms Of Communication
- Diverse Inventory
With our expansive inventory of used cars near Columbus, Ohio, we at Toyota Direct pose an excellent example of what you should look for when considering a dealership’s reliability.
- Determining Eligibility For Bad Credit Loans
Unlike most used car dealerships near you, bad credit dealers use factors other than credit scores when deciding loan terms and eligibility. To qualify for a car loan for bad credit, a bad credit dealer will typically check several financial factors, such as your income-to-debt ratio, employment status, and living situation.
- Trade-Ins And Down Payments Help
If you want to save money on auto loans for bad credit along with improving your financial eligibility, you should think about making a trade-in or down payment. Both trade-ins and down payments act similarly by helping to reduce interest rates and minimum payments on auto loans. Additionally, they can help to increase your eligibility for auto loans.
- Consider A Co-Signer
A co-signer can exponentially help to increase the likelihood of getting approved for a bad credit car loan. The duty of a co-signer is to take responsibility for any missed payments on an auto loan. Thus, they ensure financial security with the lender. Overall, this financial security allows the dealer to provide you with improved auto loan rates and financial eligibility, helping you to save money on your loan.
- Improving Your Credit Score
Having low credit can be frustrating at times. However, you shouldn’t lose hope, as there are a few steps you can take to improve your credit score. In addition, a bad credit auto loan will inherently help to improve your credit as long as you make timely payments. If you are curious about the different ways in which you can improve your credit score, you should browse the list below:
- Pay past-due accounts
- Reduce revolving debts
- Pay bills on time
- Ensure an accurate credit score by checking your credit report online
- Keep old accounts open
- Limit requests for credit cards and loans
What Is The Most Reliable Toyota SUV?
Are you in the market for an SUV? If so, you should note that some of the most popular new and used SUVs for sale near you are made by Toyota. In fact, Toyota is one of the top SUV manufacturers in the US. Furthermore, if you are in search of something reliable, Toyota is the perfect fit for you. All of Toyota’s SUV models provide incredible reliability. To exemplify this reliability, we at Toyota Direct have compiled a list below of details on the three most popular Toyota SUVs.
Toyota RAV4:
Among Toyota SUV models, the Toyota RAV4 is easily one of the most popular due to its incredible versatility. Details regarding new and used Toyota RAV4s for sale can be seen listed below.
- Performance
As one of the most versatile Toyota SUV models, the RAV4 boasts smooth performance, providing the perfect combination of comfort and efficiency on the road. In the following list, you can see what the Toyota RAV4 has to offer under the hood:
- 203hp 2.5L Four-Cylinder Engine
- FWD/AWD
- Eight-Speed Automatic Transmission
- 30 mpg combined
If you are interested in testing Toyota’s most popular SUV, you can schedule a test drive at our Toyota dealership near Columbus, Ohio, or any Toyota dealer near you.
- Safety
When it comes to safety, the Toyota RAV4 has you covered. With a five-star NHTSA safety rating, the RAV4 comes with Toyota Safety Sense (TSS) 2.0, which provides a great set of safety features that can be seen below:
- Lane Tracing
- Adaptive Cruise Control
- Road Sign Assist
- Pre-Collision System with Low-Light Pedestrian Detection
- Auto High Beams
- Lane Departure Alert
- Trim Options
The Toyota RAV4 sets itself apart from other used SUVs for sale near you with the sheer number of trim levels offered. Each trim provides unique features and performance upgrades. Take a look below to browse the available RAV4 trim levels:
- LE
- XLE
- XLE Premium
- Adventure
- Limited
- TRD Off-Road
Toyota Highlander:
Among new and used SUVs for sale near you, the Toyota Highlander is an excellent option if you need something with plenty of passenger space, seating up to eight passengers with three-row seating. The following list contains more details about the Highlander.
- Performance
Providing an incredible driving experience on and off the road, the Highlander is the perfect SUV for the adventurer in you. The components that make this performance possible can be seen below:
- 295hp 3.5L V6 Engine
- FWD/Dynamic Torque Vectoring AWD
- Eight-Speed Automatic Transmission
- 22 mpg combined
- Safety
There are many reasons to consider a new or used Toyota Highlander. Among those reasons, safety is paramount. Featuring a five-star NHTSA safety rating, the Highlander is equipped with Toyota Safety Sense 2.5+, which comes with an advanced package of safety tech as seen below:
- Pre-Collision System with Low-Light Pedestrian Detection
- Steering Assist
- Lane Tracing
- Lane Departure Alert
- Adaptive Cruise Control
- Blind Spot Monitoring with Rear-Cross Traffic Warning
- Parking Assist with Auto-Braking
- Trim Options
When it comes to variety, the Highlander offers something for everyone with its five unique trim options. The Highlander’s trim options can be seen in the following list:
- LE
- LE Plus
- XLE
- SE
- Limited
Toyota 4Runner:
If you are in search of something with exceptional off-road capabilities, you should consider a new or used Toyota 4Runner. To browse the details of the 4Runner, you can look below.
- Performance
With some of the most powerful performance among all Toyota SUVs, the 4Runner makes for a powerful off-roading machine. The performance specifications that make this off-road ability possible can be seen below:
- 270hp 4.0L V6 Engine
- RWD/AWD
- Five-Speed Automatic Transmission
- 18 mpg combined
- Safety
Despite lacking some of the safety features of the above Toyota SUVs, the 4Runner still makes for a reliable driving experience. Below, you can find the 4Runner’s safety features:
- Pre-Collision System with Low-Light Pedestrian Detection
- Lane Departure Alert
- Adaptive Cruise Control
- Auto High Beams
- Trim Options
Out of all the Toyota SUVs, the 4Runner has some of the most diversity, offering eight different trim options that can be viewed below:
- SR5
- TRD Sport
- Trail Special Edition
- SR5 Premium
- TRD Off-Road
- TRD Off-Road Premium
- Limited
- TRD Pro
Captive car financing programs are great options for when you want to save money on new car loan rates. 0% financing with Toyota, for example, provides 0% interest financing on new Toyota vehicles. There are stipulations, however, with services such as Toyota financing. Your credit score must fall at or above a certain score in order to qualify for a Toyota loan. With this being said, you may be wondering exactly what these scores are and how you can qualify for a Toyota loan. Thus, to help you understand eligibility for Toyota financing, we at Toyota Direct have compiled a useful list below.
- What Is Toyota 0 Financing
As you probably know, most new car loan rates can be astronomical. 0% financing with Toyota, however, looks to mitigate this by providing 0% APR financing for qualifying buyers. These low rates also set Toyota’s financial services apart from competitor financial services, saving you quite a bit of money.
- Application Requirements
All car financing, including financing with Toyota, has application requirements. Fortunately, the requirements for 0% financing with Toyota are relatively simple. After selecting a Toyota vehicle, all you will need to do is provide a down payment that is equal to 10% of that vehicle’s value. Your credit score will also be checked, and this will be the primary factor in determining your eligibility.
- Prime Credit Tier
As mentioned above, credit scores are the primary factor used to determine financing eligibility with Toyota. In order to qualify for Toyota 0% financing, you must be at or above the prime credit tier. The prime credit tier is a set range of credit scores, from 661 to 780. Hence, if you have a credit score within this range, you will qualify for 0% financing.
- Superprime Credit Tier
The best new car loan rates are provided to buyers in the superprime credit tier. The superprime tier consists of scores between 781 and 850. If your credit score falls within this tier, you will typically be approved for the best loan terms no matter what financial services you use. Additionally, 56% of people that get auto loans are in the prime or subprime credit tier. Therefore, you should always strive to maintain your score within these tiers.
- Improving Your Credit Score
Suppose you just fall short of the prime credit tier to qualify for the 0% APR Toyota finance deal. If this is the case, you probably want to improve your credit score. Luckily, there are a few simple steps you can take to improve your credit score to ensure that you qualify for great financing rates. The most common actions you can take to improve your credit can be seen listed below:
- Paying past-due or delinquent accounts
- Reducing revolving debt
- Timely payment of bills
- Ensure an accurate credit score by checking your credit report
- Keeping old accounts open
- Limit credit card and loan requests
- Toyota Financial Services Minimum Credit Score
Whether you are shopping at Toyota Direct’s Toyota dealership near Columbus, Ohio, or any other Toyota dealership, Toyota has a financing program besides the 0% financing that still provides incredible benefits. These benefits include a trade-in program, in which you can trade your Toyota vehicle in for a new one after a set amount of time. The minimum qualifying score needed for Toyota’s general financing is 610. However, you should note that your credit score will determine the terms and interest rates for a loan. The higher your score, the more benefits you will receive when financing a car. If you fall short of this minimum score, you can take a look above at the tips for increasing your score.
Finding a car at a used car dealership near you can be difficult at times. Not only do you have to find something that suits you, but it is also a major financial decision. Given this, you may feel discouraged while car shopping; however, you shouldn’t give up hope. Instead, you should consider a used Toyota Camry for sale. With incredibly low prices and options to suit a wide range of preferences, the Toyota Camry is everything you’d want in a car and more. If you look below, you can browse the benefits of a Camry and what you should know if you are considering purchasing a Camry.
- Affordability
One of the most significant reasons for the popularity of used Toyota Camrys for sale is their affordability. As one of the best-selling cars in America, the Camry provides excellent quality at affordable prices. A 2015 Toyota Camry, for example, sells for $12,000 on average, which is exponentially cheaper than other vehicles in the same class.
- Performance And Handling
Despite their affordability, used Toyota Camrys for sale boast incredible performance and smooth handling compared to other cars in their class. Overall, this performance makes the Camry extremely versatile, providing a perfect commuting experience with plenty of comfort for friends and family. Below, you can look at the performance specifications of the Toyota Camry:
- 206hp 2.5L Four-Cylinder Engine
- FWD w/ Available AWD
- 8-Speed Automatic Transmission
If you would like to try this incredible driving experience for yourself, you can contact us at Toyota Direct or any used car dealership near you to schedule a test drive.
- Safety
Whether you are shopping with Toyota Direct or any used car dealership near you, safety is probably one of your concerns when deciding on a vehicle. Fortunately, every Toyota used car has some of the top safety ratings among every competitor, including the Toyota Camry. Equipped with Toyota Safety Sense 2.5+, there is an astounding amount of safety features within the Camry, which can be seen in the following list:
- Pre-Collision System w/ Pedestrian Detection
- Adaptive Cruise Control
- Lane Departure Warning w/ Steering Assist
- Lane Tracing
- Auto High Beams
- Road Sign Assist
- Blind Spot Monitoring
- Fuel Economy
Given today’s fluctuating gas prices, fuel economy is more important than ever when considering a used car near Columbus, Ohio, or anywhere else. With the standard model offering 28 mpg in the city and 39 mpg on the highway, the Camry is designed to save you money on the road. Additionally, if you want to save even more at the pump, you should consider one of Camry’s hybrid options.
- Vehicle History Report
Before financing a used car, you should always look at the history report for whichever vehicle interests you. A history report is important, as it indicates how a used vehicle was previously maintained along with any incidents or accidents that may have happened involving it. With this being said, a history report will also help you to get a gauge on the amount of life left in a used vehicle. Thus, you should always ensure a dealership presents the history report; otherwise, you should find somewhere else to shop.
- Staggering Number Of Trims
Upon visiting Toyota Direct’s used car lot near Columbus, Ohio, or any other Toyota dealership, the variety among Toyota Camrys is sure to catch your eye. In fact, the Camry offers more trim levels than most vehicles. Each trim is equipped with unique features and performance upgrades that have a range of uses. The trim that suits you will depend on your preferences while searching for a vehicle. If you browse the following list, you can see every trim that the Toyota Camry has to offer:
- LE
- SE
- SE Nightshade
- XLE
- XSE
- TRD
- XLE V6
- XSE V6
- Hybrid LE
- Hybrid SE
- Hybrid Nightshade
- Hybrid XLE
- Hybrid XSE
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