Toyota Sienna Leasing vs Financing Gateway Toyota near Pierre 57501

One of the hardest questions to answer when looking to upgrade your vehicle is whether to finance or lease. Both have their benefits, but both have their restrictions, too. Not to fret, though! Gateway Toyota is here to shed some light with our comparison on leasing vs financing a Gateway Toyota, Toyota Sienna near Pierre 57501. Our knowledgeable salespeople and Business Managers are also well-equipped to answer any questions, so please don’t hesitate to give us a call, or visit our showroom!

Sometimes deciding between the two methods of car buying can be simple. Ask yourself two questions. The first is how often are you interested in upgrading? Leases tend to last between two to four years, which can be great if you like always having the latest and greatest tech and are a pro at keeping your car in good condition. While upgrading relatively frequently is possible while taking the finance route, it can be more tedious due to depreciation and reselling your current vehicle. If you’re the kind of person who comes to loves your ride and keeps it for longer than four years, stick to financing. You’ll get more bang for your buck. If you come to love your lease, though, you can continue to pay it off and keep your vehicle as long as you want!

What’s the second question you should ask yourself in this decision between leasing vs financing your Gateway Toyota, Toyota Sienna near Pierre 57501? It’s a question that might require a calculator! How many miles do you drive per year? This will heavily affect your decision. If you commute a fair distance to work every day, exceeding 15,000 miles or more, leasing a vehicle will come with a heftier total cost. Financing allows you to drive as many miles as you want, whereas leases come with a set amount and every additional mile will cost extra money out of your wallet. If you take the train every day and use your vehicle primarily just for running errands, leasing is ideal. You only pay for depreciation while you use it, so the fewer miles your wheels roll, the less you have to pay. Dealers get the vehicle back and are usually able to certify these low mileage vehicles and re-sell them. It’s a win-win situation!

Weighing the pros and cons in the debate between leasing vs financing near Pierre, can be frustrating. Come on down to Gateway Toyota near Pierre 57501 and our staff is more than happy to talk it all out with you. We can even run some numbers and see which system will work best for you and your lifestyle! We hope to see you soon!

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Sales Hours

Monday 8:00 am - 6:00 pm
Tuesday 8:00 am - 6:00 pm
Wednesday 8:00 am - 6:00 pm
Thursday 8:00 am - 6:00 pm
Friday 8:00 am - 6:00 pm
Saturday 8:00 am - 5:00 pm
Sunday Closed

Our Location

Gateway Toyota
518 E. Sioux Avenue
Pierre, SD 57501 Get Directions

Sales

General Manager Chris Kelly
Chris Kelly
General Manager
Chris loves shooting pool and the Philadelphia Eagles!
Sales Manager/Finance Jacqueline Hall
Jacqueline Hall
Sales Manager/Finance
Jackie loves lying about her age and long walks with Jens!
Sales Manager/Finance  Terry  Nelson
Terry Nelson
Sales Manager/Finance
Terry enjoys grilling and keeping up with the days current events!
Sales Manager/Finance Stephen Webb
Stephen Webb
Sales Manager/Finance
Stephen enjoys working on his house and his kids!
Sales Edwin Cook
Edwin Cook
Sales
Edwin loves the 49ers and spitting beats.
Sales Lance Jibben
Lance Jibben
Sales
Lance enjoys spending time with his son and dancing!
Sales Kurt  Bowers
Kurt Bowers
Sales
Owner and proprietor of the East Side Bar and Haberdashery
Sales Nathan Munce
Nathan Munce
Sales
Nathan enjoys going to the movies and spending time with his kids.
Sales Kody Bridger
Kody Bridger
Sales
Kody enjoys doing parkor and making lasagna!
Sales Jay Blumer
Jay Blumer
Sales
Jay is into action figures and collecting sweaters.