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

Dealership Information

Testimonials

Tom Blondin
Tom Blondin
GOOGLE
7-2-2020
Full Star Full Star Full Star Full Star Full Star

Troy made the car buying experience pleasant and very easy. The entire staff was professional, courteous, and friendly. We would certainly recommend Troy and Toyota of Iowa City when considering a car purchase!

Timothy Chalik
Timothy Chalik
GOOGLE
7-2-2020
Full Star Full Star Full Star Full Star Full Star

I worked with Russ Bay and he was great. He was very easy to work with.

Kerri French
Kerri French
GOOGLE
6-24-2020
Full Star Full Star Full Star Full Star Full Star

Kurt went SO many extra miles to help match us with our car-of-best-fit and to ensure we felt informed and comfortable thru every step of the process! THANK YOU!

Douglas Brown
Douglas Brown
GOOGLE
6-24-2020
Full Star Full Star Full Star Full Star Full Star
Mark Sode
Mark Sode
GOOGLE
6-22-2020
Full Star Full Star Full Star Full Star Empty Star

Test drove used car without sales person due to Covid-19 restrictions. Answered all questions & allowed me to have my mechanic check over used car before purchasing. Salesman ordered missing owners manual per our request. Great used Lexus car with all options we wanted. Troy Knapp is a good, low pressure, salesman.

Carly O'Dell
Carly O'Dell
GOOGLE
6-16-2020
Full Star Full Star Full Star Full Star Full Star
paula hoenig
paula hoenig
GOOGLE
6-16-2020
Full Star Full Star Full Star Full Star Full Star

Buying a car has never been something I’ve looked forward to. I have always felt that I was being taken advantage of and leery of salesmen with shifting prices and promises. Our experience with Toyota of Iowa City totally changed that. The transaction was open, transparent and hassle-free. The details were written out and clearly explained. The facility is spotless and employees all friendly and professional. I highly recommend them!

Keith Carter
Keith Carter
GOOGLE
6-16-2020
Full Star Full Star Full Star Full Star Full Star

Russ was great to deal with in buying our vehicle. No hassles. No pressure. Really knows his stuff.

Jennifer Lange
Jennifer Lange
GOOGLE
6-16-2020
Full Star Full Star Full Star Full Star Full Star

Friendly, professional & fair--that must be why I keep buying my new cars @ Toyota Iowa City. 👍👍👍👍👍

Carol Miner
Carol Miner
GOOGLE
6-16-2020
Full Star Full Star Full Star Full Star Full Star
Kiana English
Kiana English
GOOGLE
6-16-2020
Full Star Full Star Full Star Full Star Full Star

I enjoyed the customer service that Kirk had provided me with getting my car. Kirk was very knowledgeable about the product which helped a ton in the decision process. Jared was also very helpful with whatever questions I had and made the process of purchasing the car go with such ease.

Amber Bates
Amber Bates
GOOGLE
6-12-2020
Full Star Full Star Full Star Full Star Full Star

I was happy to go here because they laid out all my options and help me get the car I wanted!

b reynolds
b reynolds
GOOGLE
6-10-2020
Full Star Full Star Full Star Full Star Full Star

This was all around the best car buying experience in my life! A+++ Toyota IC

Mark Pooley
Mark Pooley
GOOGLE
6-6-2020
Full Star Full Star Full Star Full Star Full Star

I brought my truck in for maintenance only to find out the frame was failing and it was unsafe to drive. Sales staff were excellent and sympathetic to my predicament. They got me in a certified used truck in great terms. Can’t recommend highly enough!

Beth Hockenberry
Beth Hockenberry
GOOGLE
6-6-2020
Full Star Full Star Full Star Full Star Full Star
Rex Jones
Rex Jones
GOOGLE
6-5-2020
Full Star Full Star Full Star Full Star Full Star

They did everything they said they would do.

Corey Schmitt
Corey Schmitt
GOOGLE
5-31-2020
Full Star Full Star Full Star Full Star Full Star

My brand new 2020 Tacoma Limited is more than I expected is absolutely awesome. I love this truck. Thank you Toyota and Hunter Schmitt.

Corey Ward
Corey Ward
GOOGLE
5-30-2020
Full Star Full Star Full Star Full Star Full Star
Elle Bunten
Elle Bunten
GOOGLE
5-28-2020
Full Star Full Star Full Star Full Star Full Star
Mark Mason
Mark Mason
GOOGLE
5-28-2020
Full Star Full Star Full Star Full Star Full Star

I can’t say enough about the service and professionalism of Iowa City Toyota. Everything I could ask for and more! Thanks Shane and Jared!!

Leah Jesse
Leah Jesse
GOOGLE
5-28-2020
Full Star Full Star Full Star Full Star Full Star

Troy is a funny, patient, and honest salesman. He knew my budget and never pushed me to go beyond that, and worked with me to find the best car for me. Service department is also very impressive. They got me in the same day I called with my issue, and called me within a few hours that it was already taken care of!

Amy Benskin
Amy Benskin
GOOGLE
5-27-2020
Full Star Full Star Full Star Full Star Full Star
Fred Waterman
Fred Waterman
GOOGLE
5-22-2020
Full Star Full Star Full Star Full Star Full Star
Molly Frederickson
Molly Frederickson
GOOGLE
5-20-2020
Full Star Full Star Full Star Full Star Full Star
Mark Saunders
Mark Saunders
GOOGLE
5-20-2020
Full Star Full Star Full Star Full Star Full Star

Awesome experience. Thanks Frank!

Morgan Flory
Morgan Flory
GOOGLE
5-19-2020
Full Star Full Star Full Star Full Star Full Star

I went to Toyota IC expecting to deal with a pushy, aggressive used car salesman. Kirk was anything but that. He made buying my first car hassle free. He and Jared (The finance manager) are great duo to work with.

Kora West
Kora West
GOOGLE
5-19-2020
Full Star Full Star Full Star Full Star Full Star

Working with Toyota of Iowa City to find the right car for me was super simple! They try their hardest to make things work for you and are there to help no matter what. I definitely recommend giving them a shot!

Linda Judiesch
Linda Judiesch
GOOGLE
5-14-2020
Full Star Full Star Full Star Full Star Full Star

Mike Hubert has been great to deal with! The ending of my lease and transitioning to a new one was very smooth and easy. He took care of the details and I had my new car in a matter of days. Thanks Mike!

"We have bought 3cars from Toyota of Iowa City. They are..."

Kedz
DEALERRATER
5-13-2020
Full Star Full Star Full Star Full Star Full Star

We have bought 3 vehicles from Toyota of Iowa City. They are very professional and ALL staff are helpful and friendly. Wonderful service. Couldn’t be happier.

Caolimeng Wuxiha
Caolimeng Wuxiha
GOOGLE
5-13-2020
Full Star Full Star Full Star Full Star Full Star
Jami Witbeck
Jami Witbeck
GOOGLE
5-12-2020
Full Star Full Star Full Star Full Star Full Star

If you’re looking to purchase a new or used vehicle go to Toyota of Iowa city I would highly recommend them!!! I had a great experience buying my new Tacoma with them. Hunter was great, he answered all my questions that I had. He even showed me my how to set up the Apple play on my new Tacoma. When I was finished with the paperwork I went to get in my truck, they washed it and filled my tank up with gas, I was pretty happy! Hunter even set up my first oil change for me. Even the owner Mike, came out to thank me for buying my new Tacoma. Great service all around.

Robert Goffstein
Robert Goffstein
GOOGLE
5-12-2020
Full Star Full Star Full Star Full Star Full Star
seth mueller
seth mueller
GOOGLE
5-9-2020
Full Star Full Star Full Star Full Star Empty Star
Bethany Huyck
Bethany Huyck
GOOGLE
5-9-2020
Full Star Full Star Full Star Full Star Full Star

Made my most recent purchase with Molly. She and the dealership was great to work with. This is the second car I have purchased from Toyota of Iowa City in 5 years. I have referred my family to purchase cars here and they also had the same great experience.

Matt Laucamp
Matt Laucamp
GOOGLE
5-2-2020
Full Star Full Star Full Star Full Star Full Star
Maria Velina McTaggart
Maria Velina McTaggart
GOOGLE
5-2-2020
Full Star Full Star Full Star Full Star Full Star

It was very easy for us to just go in and sign the papers to obtain our new car. Derrius and my husband did almost everything through virtual communication. And while we had to go inside and make the final purchase, Toyota staff had taken the necessary precautions as to not to contaminate anyone by wearing masks, having hand sanitizer at hand, etc. Purchasing this vehicle at Toyota was extremely easy and the staff was super friendly.

Christen Bell
Christen Bell
GOOGLE
4-28-2020
Full Star Full Star Full Star Full Star Full Star

Exceptional experience!

John
John
GOOGLE
4-23-2020
Full Star Full Star Full Star Full Star Empty Star
Cope Voker
Cope Voker
GOOGLE
4-20-2020
Full Star Full Star Full Star Full Star Full Star
Jay Malin
Jay Malin
GOOGLE
4-18-2020
Full Star Full Star Full Star Full Star Full Star

Very friendly and easy to deal with.

Charles Brown
Charles Brown
GOOGLE
4-16-2020
Full Star Full Star Full Star Full Star Full Star

Salesmen was very cordial and professional. Would trade there again.

CynthiaA Yenter
CynthiaA Yenter
GOOGLE
4-15-2020
Full Star Full Star Full Star Full Star Full Star
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