Buy vs Lease near Glen Mills, PA

Buy vs Lease near Glen Mills, PA

When it comes to getting behind the wheel of your favorite vehicle, you’ll have a couple of routes available to you. The most popular method is of course financing, but leasing is another method of acquiring a vehicle that comes with its own advantages. If you’re unsure which is the best option for you, we’re here to help at Price Toyota.

Financing

To put it simply, financing is most beneficial to folks who have the funds and want to own their chosen ride at the end of the contract. It essentially just takes the total retail price of a vehicle and breaks it up into more manageable monthly payments. Terms typically last between four to six years, but can change depending on your down payment, what you can afford to pay month-to-month, and the overall cost of your set of wheels. If this sounds like the plan for you, contact us at 302-322-8600. By working one-on-one with you, we’ll be able to give you a better sense of what you can afford and how long the loan will last.

Leasing

On the other end, leasing is great for individuals who prefer driving around in the latest-and-greatest vehicles and don’t want to pay an arm and a leg to do so. That being said, if you want to own your ride at the end of the contract, you’ll want to stick with financing because leasing is more closely related to borrowing for a predetermined number of miles and years. The benefit of this is that you will just be covering your chosen ride’s depreciation value while it’s in your care. On top of that, contracts usually only last between two to four years, so you can trade out to a more modern vehicle far more quickly than if you were to finance. To get a better sense of what a lease will cost you, visit our Finance Department and speak with a member of our team.

Payment Calculator

If you’re still unsure whether buying or leasing is the right option for you, we recommend you use our Payment Calculator under the Financing tab of our website. This tool is designed to give you a better sense of your buying power and the estimated monthly cost of the vehicle you’re interested in, so it’s a good place to start when deciding what avenue to take. If the monthly expense is within your comfort zone, consider financing. If not or you prefer a smaller commitment, consider leasing. If you still can’t decide, feel free to stop into our dealership to see what we recommend.  

If you need help deciding whether to buy vs lease near Glen Mills, PA, stop into Price Toyota and meet with our team. We are open seven days a week, so stop by when it’s convenient for you. See you soon!


Dealership Information

Find Your Dream Car With Us!

Contact Information


Sales Hours

(302) 322-8604

Testimonials

Robert Z.
YELP
7-4-2020
Full Star Full Star Full Star Full Star Full Star

We had a very good experience buying our car here and just took it in for service. The service staff were very friendly and professional verifying our scheduled service and asking "is there anything else we can do for you ". Mentioned a noisy power seat back and this was diagnosed and parts ordered. We were given the name of a service person who kept us updated on the progress of the repairs. They were able to fix an issue with a hard shifting transmission with a computer update that our local dealer told us did not exist. Very satisfied and worth the extra drive for such a well run, friendly and professional business.

Liz Jones
GOOGLE
7-2-2020
Full Star Full Star Full Star Full Star Full Star

I was extremely pleased to see the business following social distancing protocols. Service attendants wore masks and kept their distance. They cleaned the car before and after servicing it. My remote key was placed in a plastic bag for my own safety. I was impressed and satisfied!

Steve Richardson
GOOGLE
7-2-2020
Full Star Full Star Full Star Full Star Full Star

First time buying at a dealership. Mike Casper was great and very accommodating on my test drive (bought my first manual transmission car and I'm still learning). No pressure experience, couldn't be any happier.

Teddie Gwynn
GOOGLE
6-30-2020
Full Star Full Star Full Star Full Star Empty Star

Friendly, professional service, AND great music while you wait.

Charles Azain
GOOGLE
6-23-2020
Full Star Full Star Full Star Full Star Full Star

Was very pleased at the speed of the recall on our 2014 Corolla. They said it would probably take about 4-5 hours but had it done in 11/2 hours.

Roscoe S.
YELP
6-19-2020
Full Star Full Star Full Star Full Star Full Star

Good service Great service employees

Mr. Cool
GOOGLE
6-16-2020
Full Star Full Star Full Star Full Star Full Star

Thai review is about there body shop! Mr. Zane is the best person go to he went above and beyond with issue we had appreciated him lot.

Margaret Schulties
GOOGLE
6-9-2020
Full Star Full Star Full Star Full Star Full Star

My husband and I had a fantastic experience purchasing our new truck. Mike Casper was our salesperson and he was extremely knowledgeable and helpful throughout the process. Ernie handled the financial aspect of our purchase and he was also very friendly and helpful. I truly can't imagine a better car buying experience then the one we had a Price Toyota!

Savonne Smith
GOOGLE
6-9-2020
Full Star Full Star Full Star Full Star Full Star

Charles Sheets was amazing ! Charles along with Ernie in finance made the process super easy. They educated me on the process and worked with me! Truly appreciate you two! Would deff come again 🙂

Flyboyern
GOOGLE
6-8-2020
Full Star Full Star Full Star Full Star Empty Star
Krishna Narra
GOOGLE
6-7-2020
Full Star Full Star Full Star Full Star Full Star
Dianne Siebold
GOOGLE
6-3-2020
Full Star Full Star Full Star Full Star Empty Star

We were in and out. The only problem was getting a return call from the service department.

Ranman03
CARGURUS
6-1-2020
Full Star Full Star Full Star Full Star Full Star

Very good response.

Sarah Cohen
GOOGLE
5-31-2020
Full Star Full Star Full Star Full Star Full Star

I had a great experience buying my Camry from Nikolaus! He (and the whole Price Toyota team) made me very comfortable buying my first car, accommodated my unusual scheduling needs during quarantine, and made the whole process smooth and easy. They were honest and upfront about costs and options, which I really appreciated, and I got a great rate from them. Would definitely recommend purchasing from Nikolaus at Price Toyota!

Mark R.
Mark R.
YELP
5-31-2020
Full Star Full Star Full Star Full Star Empty Star

Sales person was very kind and prompt. I believe they did a good jod there.

"Excellent experience"

setcohen
DEALERRATER
5-31-2020
Full Star Full Star Full Star Full Star Full Star

I had a great experience buying my Camry from Nikolaus! He (and the whole Price Toyota team) made me very comfortable buying my first car, accommodated my unusual scheduling needs during quarantine, and made the whole process smooth and easy. They were honest and upfront about costs and options, which I really appreciated, and I got a great rate from them. Would definitely recommend purchasing from Nikolaus at Price Toyota!

Sarah C.
YELP
5-31-2020
Full Star Full Star Full Star Full Star Full Star

I had a great experience buying my Camry from Nikolaus! He (and the whole Price Toyota team) made me very comfortable buying my first car, accommodated my unusual scheduling needs during quarantine, and made the whole process smooth and easy. They were honest and upfront about costs and options, which I really appreciated, and I got a great rate from them. Would definitely recommend purchasing from Nikolaus at Price Toyota!

Kevin Convery
GOOGLE
5-30-2020
Full Star Full Star Full Star Full Star Full Star

Tremendously polite, prompt and professional. I love dealing with this dealership. Was soured on Toyota after awful experiences with dealership in Concordville, PA, but this dealership is awesome.

Jerolyn Frink
GOOGLE
5-28-2020
Full Star Full Star Full Star Full Star Empty Star

They do a good job and are very nice.. but the prices are ridiculous your just paying allot for labor..I spent like 700.00 my parts were only 200.. I know mechanics have to get paid but lord..robbery

Jeremy Hall
GOOGLE
5-27-2020
Full Star Full Star Full Star Full Star Full Star

Came in on Memorial Day (I know... But I had to) and was seen immediately by Nick. He took the time to show me my first choice which was pre-owned. Didn't try to sell me new until I asked about the current promotion on new cars. He was bale to get me deal on a new car that was in my price range. All-in-all, I was in and out in under two hours. Very impressed.

carol lentine
GOOGLE
5-23-2020
Full Star Full Star Full Star Full Star Full Star

First time ever no hassle when buying a new car!!!

Robert Jadick
GOOGLE
5-13-2020
Full Star Full Star Full Star Full Star Full Star
Angela B.
Angela B.
YELP
5-5-2020
Full Star Full Star Full Star Full Star Full Star

I have been a customer of Price Toyota for almost 20 years. I have always had great service and I love that all repairs are clearly explained. Whenever I have financial issues they always work with me to ensure I take care of the most urgent issues first and explain what could be delayed to the next or future visits.

Matthew Yucis
GOOGLE
4-24-2020
Full Star Full Star Full Star Full Star Full Star

I’ve purchased my last three vehicles from Price Toyota, the last one only 2 days ago. I’ve always had a great experience and will most likely continue to buy my cars from Price. Besides the excellent sales team the service department at Price is great. They’ve always been extremely helpful and keep me on the road.

Chiny Nwosu
GOOGLE
4-9-2020
Full Star Full Star Full Star Full Star Full Star

The service and experience was great! I would highly recommend this team to anyone who's looking to buy

Dilue Uwha
GOOGLE
4-8-2020
Full Star Full Star Full Star Full Star Full Star
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