Lease-End Option: Trade-In

Trade-In your current Toyota lease for a new one at Larry H Miller Toyota Lemon Grove

Toyota Lease-End Option: Trade-In

Congratulations! Your lease is almost up and you have the option to turn-in your current vehicle, and lease or purchase a newer, better Toyota! Want to know more? Read below or give us a call at 877-314-0756.

The Dealer Buys The Car From The Leasing Company
Larry H. Miller Toyota Lemon Grove will pay off the balance of your old lease, and buy the vehicle for our used car lot. Trade-in credit for the vehicle you leased will be offered and will either add or deduct any difference to your new lease or purchase.

The Costs of Paying Off Your Lease
If the cost of paying off your lease is higher for us than the credit we give you for your car, the deficit, or the negative equity, will be added to the price of your new lease or purchase. If the cost is lower, the difference will be subtracted from the price of your new lease or purchase and treated as a down payment. All these figures will appear in your lease or new purchase contract.

Things You Can Do To Prepare Your Trade-In:
  • Compare the Trade-In value to the residual value remaining on the lease.
  • Obtain the payoff amount left on the existing lease contract
  • Ask your sales professional to go over your trade in options

Lease Trade-In Inquiry

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