Burlington Toyota's Financial Services
Get behind the wheel of a new Toyota faster, thanks to Burlington Toyota's easy-to-understand financial services. Have a look at the options and information below to make the best decision for your lifestyle and budget.
Finance Or Lease?
The decision to finance or lease a vehicle is often a matter of personal preference. There are a few things to consider when it comes to leasing or financing your new Toyota.
In order to help you decide which is best for you, let’s discuss the benefits of both!
FINANCING IS A GREAT OPTION IF YOU:
Put a lot of mileage on your vehicle
Want to own your vehicle outright
Use your vehicle for commercial purposes
With terms of up to 84 months, your monthly payment can be made smaller with longer terms, or you can make sure you are always behind a new Toyota with shorter ones.
Consumer-friendly, simple interest financing
Payments are calculated easier with a simple concept. If you pay a day early, you are credited for a day’s interest. If you pay a day late, you pay a day’s interest.
Great value means that Toyota always strives to offer financing rates that go easy on your wallet.
The Value of Financing a Quality Vehicle
Toyota vehicles are world renowned for their longevity. Financing a new Toyota can be a cost effective option for anyone looking to drive their vehicle for a long time!
At the end of your finance term, your Toyota will “hold it’s value”. In other words when you have paid off your vehicle, you not only own it outright, you also benefit from owning a higher value vehicle because of Toyota’s commitment to building long-lasting quality vehicles. Six Toyota vehicles took home Canadian Black Book Awards, given to vehicles that best hold their value when it’s time for a trade-in.
Canadian Black Book Best Retained Value Awards†
The Canadian Black Book has been Canada's most trusted source for information on used vehicle value for over 50 years. In the seven years since they launched their annual Best Retained Value Awards no manufacturer has one as many Awards as Toyota. Winners are determined from actual value retained from MSRP measured over a 4-year period.
LEASING IS A GREAT OPTION IF YOU:
Want lower monthly payments
Like driving a newer car more often
With available flexible lease-terms from 24-60 months, you can better plan for life’s changing needs. Get in a new vehicle for your new job or expanding family, while staying on top of the latest vehicle safety, fuel efficiency, and user-convenient technologies.
Protection For You
Standard on every Toyota Lease is Guaranteed Asset Protection. If your vehicle is declared a total loss, GAP will cover the difference, after you pay the deductible, between what you owe on the remainder of your lease and the amount of your insurance settlement.
Benefits for Small Business Owners
Leasing may offer significant tax advantages in Canada to business owners. Check with your tax advisor to see if leasing benefits you. After all, you owe it to yourself to arrive at every meeting in style.
Wear Pass Plan
Protect yourself against unexpected excess wear and tear charges on your leased Toyota with the Wear Pass plan. Designed for protection against damage beyond what is considered normal everyday use, the Wear Pass plan ensures that you do not face extra charges at lease end. For details on what type of damage is covered and to answer any questions you may have on the Wear Pass plan, please contact your Toyota dealer. The Wear Pass plan is designed to provide peace of mind when leasing a vehicle, with the knowledge that you are protected.
View the Wear & Tear Guide
Choose from 16,000, 20,000 and 24,000km allowances. With the standard 24,000km plan, you have the option of purchasing extra kilometres at a reduced rate up front. If you are not sure, you can buy extra kilometres at lease end at our standard rate.
The Automotive Lease Guide (ALG) awarded four Toyota vehicles for best residual value‡. At the end of your lease term the vehicle’s residual value is the worth of the car at that time. The higher the residual value, the lower your monthly payment, since you are only paying for the portion of time that you’re using the car.
What Happens at the End of My Lease?
You have three simple options when your lease term has ended:
You may lease or finance another Toyota vehicle
You may purchase the vehicle at the Lease End Value indicated on your contract
You may return the vehicle as provided in your lease
Let's Get Started...
You have explored your options and now there is only one thing left to do. Get in touch and let us help you create a financing or leasing plan that is right for you. You can even submit a credit application and get approved for credit online.
2012 Camry - Mid-size car ****
2012 Prius v - Compact Car ****
2012 Sequoia - Full-size SUV ****
2012 Tacoma - Small Pick-up ****
2012 Tundra - Full-size Pick-up ****
2012 FJ Cruiser - Mid-size SUV ****
2011 Tundra - Full-size Pick-up ***
2011 Tacoma - Mid-size Pick-up ***
2011 Sequoia - Full-size SUV ***
2011 4Runner - Mid-size SUV ***
2011 Prius - Compact Car ***
2011 Avalon - Full-size Car ***
2010 Tundra - Full-size Pick-up **
2010 Tacoma - Mid-size Pick-up **
2010 Sequoia - Full-size SUV **
2010 FJ Cruiser - Off-Road Utility **
2010 Avalon - Full-size Car **
2010 Prius - Compact Car **
2009 Prius - Small cars *
2009 FJ Cruiser - Mid-size SUV *
2009 Sequoia - Full-size SUV *
2009 Tacoma - Small pickup *
2009 Tundra - Full-size pickup *
2009 Sienna - Minivan *
2008 Avalon - Full-size Car
2008 FJ Cruiser - Mid-size SUV
2008 Sequoia - Full-size SUV
2008 Tacoma - Small Pickup
2008 Tundra - Full-Size Pickup
2007 Avalon - Full-size Car
2007 FJ Cruiser - Mid-size SUV
2007 Sequoia - Full-size SUV
2007 Tacoma - Small Pickup
2007 Tundra - Full-size Pickup
2006 Yaris - Sub-Compact
2006 Avalon - Full-Size Car
2006 RAV4 - Compact SUV
2006 Sequoia - Full-Size SUV
2006 Tacoma - Small Pickup
2006 Tundra - Large Pickup
* Based on value retained from original MSRP for 2009 model year vehicle as published by CBB, as of 1 January 2013.
** Based on value retained from original MSRP for 2010 model year vehicles as published by CBB, as of 1 January 2014.
*** Based on value retained from original MSRP for 2011 model year vehicles as published by CBB, as of January 1, 2015. See CanadianBlackBook.com for complete details.
**** Based on value retained from original MSRP for 2012 model year vehicles as published by CBB, as of January 1, 2016. See CanadianBlackBook.com for complete details.
ALG Residual Value Awards
Toyota Tacoma is predicted to retain its value better than any other vehicle in the Midsize Pickup segment according to ALG.**
Toyota Tundra is predicted to retain its value better than any other vehicle in the Fullsize Pickup segment according to ALG.**
Toyota Tacoma has a higher residual value than any other vehicle in the Midsize Pickup segment according to ALG.*
Toyota Tundra has a higher residual value than any other vehicle in the Fullsize Pickup.*
* Based on ALG's residual value forecast for the 2015 model year.
** Based on ALG's residual value forecast for the 2016 model year.