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Vehicle leasing is the leasing (or the use) of a motor vehicle for a fixed period of time at an agreed amount of money for the lease. It is commonly offered by dealers as an alternative to vehicle purchase but is widely used by businesses as a method of acquiring (or having the use of) vehicles for business, without the usually needed cash outlay.
A Toyota lease buyout lets you purchase your leased Toyota car or truck. Learn how it works, review the typical buyout fees, and decide whether it's worth it.
Southeast Toyota Distributors LLC, (SET) founded in 1968, is the top private distributor of Toyota vehicles in the world. [4] [5] [6] They are franchised by Toyota Motor Sales, USA to sell vehicles and parts to car dealerships in the five states of Alabama, Florida, Georgia, South Carolina and North Carolina. [7]
In most cases (particularly in retail motor vehicle leases), the lessee has an option to purchase the property for the agreed residual value at the end of the lease term. Closed-end leases are not used for property which increases in value. In most cases, when a closed-end lease is entered, the lessor does not already own the property being leased.
Leasing a car does come with its advantages. By leasing a new vehicle every few years, you get access to the most cutting-edge cars on the lot, with the best fuel-efficiency, safety ratings and ...
Toyota Motor Corp resumed taking leasing orders for its first mass-produced electric vehicle (EV) in Japan on Wednesday, halving a one-time fee to attract interest in a car that suffered a safety ...
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