Toyota Tacoma Lease

If you’re looking to take on the San Antonio roads in a new Toyota Tacoma, we’ve got you covered. After you found the perfect model for your adventures, consider working with our finance team to decide between financing and leasing. Although there are benefits to purchasing the vehicle, leasing it also comes with several perks.

So, what are the advantages of leasing a Toyota Tacoma? From the lower monthly payments to the flexibility, there are several excellent befits to be had. Read on to learn more about the benefits of leasing a Tacoma from Red McCombs.

Benefits of Leasing a Toyota Tacoma

Here’s a look at some of the benefits of leasing a Toyota Tacoma:

Simple Process

Purchasing a car can be a hassle, but this usually isn’t the case when you lease a Tacoma. When your lease ends, you can just return the truck to us. You just need to complete some documents and pay some fees if there’s any damage or if you’ve exceeded the allocated mileage. However, you don’t need to haggle with us over the truck’s value, as we set it at the beginning of the lease term. Most likely, you’ll just move forward with choosing your next lease.

Lower Maintenance Costs

Owning a truck can get expensive, especially as your car starts to age. Brake pads, tires, and other components need to be replaced to keep the truck performing well and keep you safe while driving. These maintenance costs can get quite expensive. The price of a new tire is about $150, depending on the type and size of tire you choose to put on your vehicle. This means you can expect a new set of truck tires to cost around $600.

However, these aren’t expenses you’ll usually have when you lease a Tacoma. You typically won’t have the vehicle long enough to wear out the tires or any other standard components during your lease term.

Lease Warranty Coverage

Another benefit of leasing a Toyota Tacoma is that, unless you go far over the mileage limit set for the contract or have an unusually long lease agreement, you’ll most likely be covered by the vehicle’s factory warranty for the entire lease. This means that you won’t have to worry about paying for significant warranty-covered repairs. We take care of them at no cost to you. We also cover routine maintenance for the term of your lease, which means that the cost of the lease will be predictable and stable.

Advanced Technology

New vehicle technology is constantly being developed, from advanced features such as adaptive cruise control and lane-departure warnings to vehicles equipped with artificial intelligence. Since you may own your vehicle for around five years before you trade it for a new one, it may take years before you get to enjoy some of the newest advances in technology and features that can actively keep you safer while driving.

Even when you do trade, you may not be able to afford a fancier vehicle with better tech features. This is particularly true if you need to buy a used vehicle on a smaller budget. You’ll likely need to sacrifice better technology.

Leasing, however, solves this issue. Not only does it allow you to purchase a high-end truck with lower car payments — because you’re leasing a brand new truck every two to four years — but the vehicle will be equipped with the latest tech features to make driving easier, safer, and more enjoyable. You might even choose a higher Tacoma trim level, which could make your off-road adventure even better.

Only Pay for What You Use

When you lease a Toyota Tacoma, you only pay for the depreciation that will happen during the time you’re actually using it. Thus, the cost of your lease is the value of the truck if you were to buy it directly minus the residual value (salvage value of the vehicle), plus the fees and interest. You’ll also need to pay the fees for registering the truck, just like you would if you were buying it outright.

For example, let’s say that you’re interested in the Tacoma TRD Off-Road at $35,000. In three years, due to depreciation, the vehicle will only be worth $18,000. This means that if you want to lease the truck for a term of three years, you’ll only pay for the $17,000 in depreciation plus fees and interest. We will then divide those costs equally into 36 payments. By leasing this $35,000 vehicle, you only pay for the $17,000 in value that you’re using, which usually means lower payments.

Save on Sales Tax

Although taxes can vary from one place to another, leasing a Toyota Tacoma can save you lots of money in sales tax. In some places, you may only need to pay sales taxes on the amount of your down payment and the total monthly payments for your contract. This means that you may only need to pay taxes on the amount of the vehicle that you use.

However, in some locations, you may need to pay sales tax for the entire value of the vehicle as if you’re purchasing it. Before moving forward with leasing, consider checking with an experienced tax professional, as they can help you understand your tax liability.

Experience the Benefit of Leasing a Tacoma Today With Red McCombs Toyota

Pleasure or work, a Tacoma lease could be ideal for you. If you’re considering leasing, and you’re in the market for a new Tacoma, we can walk you through each step. You can also visit our dealership and see our vast inventory of new vehicles. Our sales team is ready to help you find the perfect Tacoma model to meet your needs.

Our dealership is conveniently located at 13526 IH 10 Frontage Road, San Antonio, Texas, which means residents of Kirby, Leon Valley, and Converse are just a short drive away. Stop by today and take the 2023 Tacoma for a spin. After all, there’s no better way to get acquainted with the truck of your dreams. Reach out to us so we can schedule a test drive.