At the end of your rental, you have the option to buy your vehicle, rent another vehicle or simply return your vehicle. You`ll also need to research your options, review an inspection, finalize your plans, and prepare to drop off your vehicle. Learn more about end-of-lease options. The lease expiry date is the end date of your lease. As your lease expiry date approaches, you must decide whether you plan to rent a new Toyota, purchase your current vehicle, or return your leased vehicle. Learn more about end-of-lease options. Reduce your monthly payments by making up to nine additional deposits when you start your lease. The balance of any additional deposit will be refunded at the end of your lease5. The Multiple Deposit Program is available for new and certified Toyota vehicles leased through Toyota Financial Services.3 This program is not available in New York City. You are our customer and have one or more installments, promissory notes or lease agreements with us (each an “Account” in the Online Policies and Agreements, collectively, your “Accounts”) and are registered on the Site or register for the Online Account Services. Your online access to your account and the online account services we offer on our website are referred to in online policies and agreements as your “Online Account Services”. 8.
You may request a copy of our Customer Privacy Policy. We constantly strive to comply with all applicable federal and state data protection laws. Our customer privacy policy varies by state or other applicable locale. If you are our financial or rental client, you may request a copy of the Client Privacy Policy that applies to you by calling us at 1-888-717-9248. Customers of our vehicle protection products may request a copy of all applicable customer privacy policies by calling us at 1-800-255-8713. This information will be disclosed in your rental agreement. If mileage limits are exceeded, you may be charged an additional fee at the end of your lease. This situation has great potential to be a win-win situation for both parties, especially if the person taking care of your rental has mainly shopped for that particular car model. A lease transfer is by far the most cost-effective way out of a lease. The only cost to you is the management fee to complete the rental transfer.
The best way to describe leasing is to call it the rental of your Toyota. Instead of paying high weekly rental prices like you do with a car rental company, your monthly rental payment is significantly lower. You should keep in mind that this is still a form of rental and you do not own the vehicle or have no financial interest in it. If you want to end your lease but still want to KEEP your vehicle, you usually have the option of an early redemption. In the event of an early redemption, you will pay the merchant the full balance of unpaid payments remaining on the lease, plus the residual value and applicable taxes. 14. Social Security Number Protection Policy. We are committed to maintaining the confidentiality of the Social Security numbers we collect and have implemented a privacy policy regarding the collection and processing of Social Security numbers through the Site. We collect Social Security numbers from our purchase and lease applicants, customers, and tmCC investors solely for commercial purposes, including processing financing and purchase lease documents, in accordance with applicable federal and state laws. Illegal disclosure of Social Security numbers is strictly prohibited, including the fact that Social Security numbers cannot be displayed. Access to Social Security numbers is limited to employees and third parties whose business functions require knowledge and access to information in order to provide you with products and services or to serve your account with us.
You should also consider financing a vehicle if you`re having trouble keeping up with regular maintenance. Part of your lease is to make sure the Toyota you rent is well maintained. You`ll also find that you can afford “more cars” with a lease. You can upgrade to a higher finishing package or a more expensive model because your monthly payments are less than financing. Early Termination: The Early Cancellation Fee is exactly what it seems: a fee for terminating your lease before the end date of your lease. Early cancellation fees vary from merchant to merchant and can result in significant costs. .