Turning in a lease doesn't have to be a complicated process. At Precision Toyota of Tucson, we make it easy to turn in your leased Toyota. We are conveniently located in Tucson Arizona and in addition to Toyota Financial Services, we have partnerships with many banks which allows us to serve as a convenient drop-off point for turning in your leased vehicle. Contact us for you details!
Here are three common scenarios which many lessee's fall into when considering what to do with their upcoming lease termination: Choice 1: I would like to turn in my Toyota leased vehicle and purchase or lease a new Toyota.
This allows you to get into a new Toyota and enjoy that new car experience all over again! Precision Toyota of Tucson has an extensive selection of new vehicles to choose from.. Click here to view our Current Specials .
If you simply want to turn in your leased vehicle, we can help with that as well. Here are the steps to take:
1. Drop off your vehicle at our New Car Sales Department and ask for our Finance Department.
2. Please be advised that the some leasing Banks will charge you a Lease Termination Fee (Toyota Financial Services will not). You may also be charged for excess mileage above your contracted terms and/or any excessive wear and tear. Any such charges are not levied by Precision Toyota of Tucson, but rather by the leasing Bank. Please also know that you will remain as the registered owner until the leasing bank re-sells the vehicle to another consumer. This re-sale process can take several months.
Choice 2: I would like to get information on purchasing my Toyota leased vehicle. This is actually a popular option! Because Toyota vehicles are built to
such a high standard, many of our friends choose to buy their leased
vehicle after the lease term ends.
After all, you maintained and drove the vehicle, so you know exactly
what you're buying, at a significant discount off the original MSRP.
Our finance department can assist you with this. They can be contacted
Choice 3: I would like to extend my current Toyota lease.
Please contact the Bank that your vehicle is leased with. For Toyota Financial Services, the toll-free number is (800) 874-8822.
We make leasing at Precision Toyota of Tucson an even better experience!