Car Lease Birmingham AL


2017 Car Lease Birmingham AL

It may seem like the easy part of getting a car is figuring out the make, model, and color. You likely have your heart set on a new Toyota in Birmingham right now. You even know what color and trim you'd like. The only left to do is figure our how you will choose to pay for it. There a couple of different factors to this equation. You'll want to know how much the car you are trading in is worth. We can even value your trade online! If you don't have a vehicle to trade, no worries. Another factor affecting cost will be the fuel efficiency of your new vehicle. To get a sense of how much money you can save over the long run type in the make and model of the car you are currently driving. Then once you have these numbers do the same for the make and model of the car you have your eye on. We think you may be pleasantly surprised by exactly how much fuel efficiency can add up to. 

Credit Approval

Next, you will want to fill out the online credit pre-approval. This is found below by clicking finance or going back to the main finance tab at Serra Toyota. No matter what your financial situation or credit history we will do our best to work with you and get you into a great vehicle that is right for this time in your life. 

You may be wondering why someone would choose to lease and how leasing is different from buying. A lease is simply an agreement between the owner of something and the user of something.  An example of this might be an apartment lease. The landlord owns it, and the renter uses for a set period of time, and agrees to certain rules, like no pets. A car lease works much the same way, it allows you to only pay for the portion of the car you use over a given period of time or miles. There may also be conditions, for example, what state the car needs to be in at the end of the lease. 

Because there generally isn't a down payment, or there is a minimal downpayment, more of your money goes directly to the monthly fee. This means there is an opportunity to shop up. In other words, you may be able to get a car with more options or a higher trim level if you choose to lease rather than to buy. Leasing also makes it easy to switch vehciles. Because you only lease a vehicle for a set period of time then return it to the dealership, its easy to switch to a different vehicle. This is a great attribute if you are moving from one life stage to another, or if you just love to try out new cars. 

We look forward to speaking with you and fielding any of your leasing questions. At, Serra Toyota we love our customers and we are here to help!

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