Are you ready to get a new vehicle, but unsure whether you should buy or lease it? We thought we’d share some benefits of both for you in order to have a starting point when making your decision.
Let’s compare the benefits of financing a car versus the benefits of leasing a car. When you finance a vehicle, it’s yours, and you will no longer have to make payments on it after some time. There are no mileage penalties and your insurance is less limited, and you are also able to create equity, based on your vehicle’s depreciation rate.
When leasing a vehicle, you have less to worry about and pay for in regards to maintaining it. You’re also driving the newest or newer model, and can do so continuously. You also don’t absorb the full depreciation costs of the car, but only pay for the length of your lease.
Now, both financing and leasing have disadvantages, such as paying back the interest when a car is purchased, or dealing with higher coverage costs for a leased vehicle. There are an endless number of factors to consider when deciding between financing or leasing, so outlining both the benefits and disadvantages in terms of priority can be of benefit when making your decision.
Earl Stewart Toyota is happy to assist you in your decision any way we can, so feel free to stop in or shoot us a message!
You may have already caught a glimpse of the Corolla-based prototype, the Furia Concept, but now it’s being reported that the new 2014 Corolla could look slightly different, and will offer a bevvy of updates on the inside as well as for the drivetrain.
Toyota will still offer 4 trims, but will have an updated transmission (a new Continuously Variable Transmission) paired to an updated version of the current 1.8L engine that will now have continuously variable valve timing and lift system.
Less details are known on specifics of interior updates, but we do know it should be getting a serious makeover, based on an interview with Richard LoFaso, Toyota’s corporate manager of marketing.
Earl Stewart Toyota will be sure to keep you informed of any news on the exciting and redesigned 2014 Corolla!
May 6th to the 12th is Nurses Week, have you thanked a nurse yet?
It’s easy to take nurses for granted, as many of us are unaware of just how many responsibilities they have in their daily routines. They do such things as monitor vitals, provide treatment, surgery preparation, IV’s, charting, provide physical and emotional comfort, among the many other things they do regularly.
So, if you happen to know any nurses, send them a quick message thanking them. If you happen to be in need of one’s services soon, be sure to thank him/her as well! Earl Stewart Toyota thanks you, nurses!