Buy vs Lease near Cedar Rapids, IA

Half of the battle of the automotive purchasing process is determining whether you would like to buy or lease your potential set of wheels. While both paths are on opposite sides of the spectrum, each boast their own respective benefits! That is why we at Toyota of Iowa City are here to mull over the details so you can make a decision that positively impacts your future expenditures and driving needs. For more information on how you can get the process started, visit our Finance Department today!

Buying

Let’s get the ball rolling by diving into the option that is most commonly taken by prospective drivers. If you want to see a return on your investment, then purchasing the vehicle for its full sticker price will be right up your alley. The way it works is that we divide up the cost over an extended period of time that generally falls between four and seven years. This way, you can achieve full ownership in no time at all! Then, when you do decide to upgrade to a new driving option, you can use your previous model as a trade-in to help offset the cost. If this sounds like the right plan for you, you can figure out what model will fit your budget by using our online Payment Calculator. Then, if everything looks good, you can move on to our Finance Application so we can get started on your loan options ahead of time.

How Do I Lease?

If you are the type of person that grows bored of your vehicle fairly quickly, then you might want to consider taking the route of leasing. This is also perfect for people that can’t afford the hefty sticker price of buying a vehicle outright. That is because this option is synonymous with borrowing, and you will only have the Toyota model in your possession for a period of time that ranges between two and four years. The best part is that you will only have to foot the bill for the rate at which the vehicle depreciates along with the mileage that you use it for. So, if you are ready to stay current with the latest and greatest automotive advancements, contact us at 888-580-8797 to learn more about our contracts! Then, when your terms wrap up, you can start a new lease, purchase the vehicle for its remaining value, or close things out and walk away.

Inventory

If you haven’t already, you can start your search today right from your smartphone or laptop. One thing that both of these avenues share in common is the ability to tap into the newest Toyota driving options idling on our showroom floor. All that you have to do to reveal our showcase is double-click the New dropdown at the top of your screen. After that, you will be sent to a page where you can sift through everything that we have in stock at your leisure. We understand that our influx of options can be a lot to take in at once, which is why we have included the filters on the left side of your screen to help narrow your options down to a refined listing that adheres to your stipulations. If you are in the market for a ride that is perfect for your entire family, consider the Toyota Sienna or 4Runner!

Once you decide whether to buy vs lease near Davenport, IA, make your way down to Toyota of Iowa City. We are located at 1445 Highway 1 West in Iowa City, IA.


Contact Information


Buy vs Lease near Cedar Rapids, IA

Visit Our Finance Department!

Sales Hours

319-351-1501
Monday 8:00 am - 8:00 pm
Tuesday 8:00 am - 6:00 pm
Wednesday 8:00 am - 6:00 pm
Thursday 8:00 am - 8:00 pm
Friday 8:00 am - 6:00 pm
Saturday 9:00 am - 5:00 pm
Sunday Closed

Dealership Information

Testimonials

John Kramer
John Kramer
GOOGLE
12-7-2019
Full Star Full Star Full Star Full Star Full Star

Always courteous, competent, and reasonably priced. I do mis the car wash that used to come with service—unless my memory is playing tricks on me.

Thomas Hobart
Thomas Hobart
GOOGLE
12-6-2019
Full Star Full Star Full Star Full Star Full Star

Derrious was extremely helpful and took time to answer all our questions

Caroline Marsh
Caroline Marsh
GOOGLE
12-6-2019
Full Star Full Star Full Star Full Star Full Star

My husband and I bought our Camry 2019 last May. Our experience then and now with a maintenance service at no cost has been excellent.

Chad Gillespie
Chad Gillespie
GOOGLE
12-5-2019
Full Star Full Star Full Star Full Star Full Star

Always have a friendly visit every time I take my car in for service. Brad Mitchell is very friendly and personable. The service is always top notch and they will go the extra mile!

Steve Heflin
Steve Heflin
GOOGLE
12-5-2019
Full Star Full Star Full Star Full Star Full Star

What a great experience with Derrius Loveless He is professional ,attentive and humorous. Made the process super easy!!

Jessica Feldmann
Jessica Feldmann
GOOGLE
12-5-2019
Full Star Full Star Full Star Full Star Full Star

Everyone was very friendly during my oil change. The waiting area is fantastic, I was also offered a second quieter waiting area in case needed since I had my newborn along. Multiple employees stopped to make conversation and were very friendly. The online scheduling is incredibly convenient. Makes it worth the thirty minute trip for my free oil changes.

Megan Hoing
Megan Hoing
GOOGLE
12-5-2019
Full Star Full Star Full Star Full Star Full Star
Dan teDuits
Dan teDuits
GOOGLE
12-5-2019
Full Star Full Star Full Star Full Star Full Star
Rick Farrier
Rick Farrier
GOOGLE
12-5-2019
Full Star Full Star Full Star Full Star Full Star

Everyone is very helpful and care about there customers

Jeremie Moen
Jeremie Moen
GOOGLE
12-5-2019
Full Star Full Star Full Star Full Star Full Star
Robyn Ireland
Robyn Ireland
GOOGLE
12-5-2019
Full Star Full Star Full Star Full Star Full Star

It was awesome. The staff was pleasant, efficient, and knowledgable. I was incredibly pleased with the financing-they accepted both the down payment I offered as well as the payment I requested.

Rick Janik
Rick Janik
GOOGLE
11-28-2019
Full Star Full Star Full Star Full Star Full Star
Mary Witte
Mary Witte
GOOGLE
11-28-2019
Full Star Full Star Full Star Full Star Full Star

Always a wonderful experience. From checking in, listening to my concerns, fixing them, washing my car, and the delightful driver who got me to work on time and was prompt to pick me up.

Emily Baetsle
Emily Baetsle
GOOGLE
11-27-2019
Full Star Full Star Full Star Full Star Full Star
Ben Frotscher
Ben Frotscher
GOOGLE
11-27-2019
Full Star Full Star Full Star Full Star Full Star
Janine Dwyer
Janine Dwyer
GOOGLE
11-26-2019
Full Star Full Star Full Star Full Star Full Star
Sandy Kessler
Sandy Kessler
GOOGLE
11-26-2019
Full Star Full Star Full Star Full Star Full Star

Always a positive experience at Toyota of Iowa City!! Great staff and customer service!! Thank you!!

Paul Knepper
Paul Knepper
GOOGLE
11-26-2019
Full Star Full Star Full Star Full Star Full Star
Stephen Scheckel
Stephen Scheckel
GOOGLE
11-26-2019
Full Star Full Star Full Star Full Star Full Star
Gretchen Warkentin
Gretchen Warkentin
GOOGLE
11-26-2019
Full Star Full Star Full Star Full Star Full Star
cindy steele
cindy steele
GOOGLE
11-23-2019
Full Star Full Star Full Star Full Star Full Star
lee fay
lee fay
GOOGLE
11-23-2019
Full Star Full Star Full Star Empty Star Empty Star

"This is the 3rd vehicle we have purchased at Toyota of..."

guyer.wayne46
DEALERRATER
11-22-2019
Full Star Full Star Full Star Full Star Full Star

This is the 3rd vehicle we have purchased at Toyota of Iowa City. We think we had the best sales person this time . We see why he has been with them for over 20 years Great knowledge of the car & a great personality

B Peters
B Peters
GOOGLE
11-21-2019
Full Star Full Star Full Star Empty Star Empty Star

I had a 9am appointment for the 20,000 mile service. I dropped my car off on time. My service advisor told me there were a lot of customers who had dropped off their vehicles that morning for service. He told me he would call me when my car was ready. I asked him roughly how long it would take. He could not give me an answer. My question is what is the point of having an appointment at 9am for something that takes maximum 2 hours, when the service may only be completed at 3pm. Why have an appointment at all and why not just drop the car off when you feel like it? Because they only seem to get to it at some arbitrary time anyway. I expect better from Toyota. My local mechanic is more organized and efficient.

"Love, love, love the service department! Always listens..."

lauri
DEALERRATER
11-21-2019
Full Star Full Star Full Star Full Star Full Star

Love, love, love the service department! Always listens to my concerns, keeps me updated, and are always polite. They take the time to explain things and are trustworthy.

Rich Templeton
Rich Templeton
GOOGLE
11-18-2019
Full Star Full Star Full Star Full Star Full Star
Lenni Broeg
Lenni Broeg
GOOGLE
11-18-2019
Full Star Full Star Full Star Full Star Full Star
Joseph Joynt
Joseph Joynt
GOOGLE
11-17-2019
Full Star Full Star Full Star Full Star Full Star
Lori
Lori
GOOGLE
11-17-2019
Full Star Full Star Full Star Full Star Full Star

Pleasant sales experience and great customer service!

duane eash
duane eash
GOOGLE
11-17-2019
Full Star Full Star Full Star Full Star Full Star

Great business and nice facilities Work done on time and correct What I would expect of a Toyota dealership

Archy Coolidge
Archy Coolidge
GOOGLE
11-16-2019
Full Star Full Star Full Star Full Star Full Star
Sandra Helmke
Sandra Helmke
GOOGLE
11-16-2019
Full Star Full Star Full Star Full Star Full Star
Jenny Graham
Jenny Graham
GOOGLE
11-16-2019
Full Star Full Star Full Star Full Star Full Star

I love Toyota and their customer service is great.

Marlen Isaula
Marlen Isaula
GOOGLE
11-16-2019
Full Star Full Star Full Star Full Star Full Star
Laura Wolf
Laura Wolf
GOOGLE
11-12-2019
Full Star Full Star Full Star Full Star Full Star

I always know that whatever happens, Toyota service is there for me and will always do what’s best for me and my car.

thomas huber
thomas huber
GOOGLE
11-12-2019
Full Star Full Star Full Star Full Star Full Star
Mary Staub
Mary Staub
GOOGLE
11-12-2019
Full Star Full Star Full Star Full Star Full Star

I scheduled my 20,000 mile oil change on a day I had another appointment in Iowa City. The courtesy care van and Larry took me right to my appointment. That’s real service. I was able to return to the dealership and pick up my fully serviced car. It’s a great service for busy people. Thanks!

Dawn hills
Dawn hills
GOOGLE
11-12-2019
Full Star Full Star Full Star Full Star Full Star
Yacine usa
Yacine usa
GOOGLE
11-12-2019
Full Star Full Star Full Star Full Star Empty Star
Rodger
CARGURUS
11-11-2019
Full Star Full Star Full Star Full Star Full Star

Very Helpful.

Sarah Chinnathambi
Sarah Chinnathambi
GOOGLE
11-8-2019
Full Star Full Star Full Star Full Star Full Star

When we started shopping for our Prius, Kirk helped us go through all the options so we could pick the best one for us and our budget. From shopping; to buying; to pick up we were treated like celebrities! I love bringing our car in for service; I completely trust them and they are so professional! The service lounge is like my own living room! They also offer a Continued Care program for $230/year after my service warranty expires, can’t beat that !

Jeremiah Ragona
Jeremiah Ragona
GOOGLE
11-8-2019
Full Star Full Star Full Star Full Star Full Star

Frank at the used car center was great, will definitely do business with him again.

Steven Nelson
Steven Nelson
GOOGLE
11-7-2019
Full Star Full Star Full Star Full Star Empty Star

I had an oil change & tire rotation. When I got home I noticed the dash display was changed to a screen used for safety settings. I thought I could check the owners manual & change it back. The 4 inch stack of manuals is too confusing to get an answer. I returned to the shop the next day and was quickly helped. But it was a trip I shouldn’t have had to make. Please do it the first time I see you.

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