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1333 E 223rd St, Carson, CA, 90745

Leasing a Toyota Camry - What You Should Know

2024 Toyota Camry Parked

As automotive experts across the country have noted, the Toyota Camry is one of the most popular and recommendable sedans on the market. Here at Fletcher Jones Toyota of Carson, we completely agree. The Camry is a stylish midsize sedan that offers powerful and efficient performance, and comes loaded with all the convenient features you need on every Long Beach drive.

Thanks to the Toyota Camry lease offers available at our Carson dealership, you can get behind the wheel of a Camry at a price that's right. If you're wondering how to lease a Toyota Camry near Torrance, keep reading as our finance team explains the process—then check out our current Camry lease offers and contact us to schedule a test drive.

 

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Leasing vs. Buying a Camry: Monthly Lease Payment and Other Benefits

In theory, leasing a car is similar to renting an apartment. When you lease a Toyota, you pay for its loss in value, or depreciation, over the term of your lease, plus some extra fees for the use of the car—and that's pretty much it. Every lease agreement has terms and conditions to adhere to, and at the end of the term, you return the car to the dealer and lease or buy another. There are several benefits to leasing over buying a new Toyota Camry:

  • Lower monthly payments: One of the greatest advantages you'll enjoy when leasing a Camry is the lower monthly payments when compared to financing a new car near Compton. Instead of paying for the car's total value, you'll only pay for its depreciation over the term of your lease, allowing you to save for an upgrade or whatever you want.
  • Less cash required as a down payment: Down payments for buying a new Camry can be up to 20% of the purchase price, but a lease often requires little to nothing for a down payment.
  • Lower repair costs: Leases are usually short term, so most repairs are covered by the manufacturer's warranty. In some cases, maintenance costs are covered, too! Make sure to review your lease agreement and warranty when signing to avoid unexpected bills down the road.
  • No resell worries: Once your lease is over, you can just return it to Fletcher Jones Toyota of Carson and pick up a new one that day. You don't have to think about selling the car and making a profit.
  • You get a new car every few years: Leasing a new Toyota Camry is a great way to get the latest and greatest features for less. Every two to four years, you'll return your lease to the dealer and get another new Toyota to enjoy.
  • And more!

Comparing leasing vs. buying a Camry, your monthly lease payment savings are a great perk—but they're far from the only one. Find out more by contacting the finance department at Fletcher Jones Toyota of Carson.

Toyota Car Insurance for Leased Vehicles

When deciding whether to buy or lease a new Toyota in Carson, you weigh several different factors—from the monthly cost of ownership to your ability to pick up a new Camry every few years and more. Car insurance for your lease is certain to factor in as well.

In strict terms, insuring a leased vehicle is not more expensive per se than insuring a financed vehicle. However, some lease agreements require you to carry more comprehensive coverage than the minimum, meaning that your car insurance with a lease could be more expensive. However, because lease payments are typically lower than auto loan payments, you might still save money when leasing a new Camry.

Come to Fletcher Jones Toyota of Carson to Lease a New Camry!

Whether you choose to finance or lease a new Toyota Camry, you can get a great deal with the team here at Fletcher Jones Toyota of Carson in Carson. Find out more by calling our team at (310) 522-2300—we're more than happy to answer any questions you may have.

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Fletcher Jones Toyota of Carson 33.8250546, -118.2493985.