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

Sue Ast
Sue Ast
GOOGLE
1-16-2020
Full Star Full Star Full Star Full Star Full Star

Prompt and courteous service

Ellen
Ellen
GOOGLE
1-16-2020
Full Star Full Star Full Star Full Star Full Star
Mary Gaffey
Mary Gaffey
GOOGLE
1-16-2020
Full Star Full Star Full Star Full Star Full Star
Susan Wiechert
Susan Wiechert
GOOGLE
1-16-2020
Full Star Full Star Full Star Full Star Full Star

My car service was done when promised. The service rep called me to go over what was done and explained all charges. I have been a Toyota customer for years. The excellent service is why

Danielle B
Danielle B
GOOGLE
1-16-2020
Full Star Full Star Full Star Full Star Empty Star

I own a Toyota that you guys have help me take good care of and I usually have an amazing transaction, but today was different David or Dave ( Whatever his name might be) was very rude. I did a detailing (twice a year) and this time I noticed my car was returned to me on E (not acceptable) I drop it off with Half a tank. So I called the next morning B4 9am and spoke with a young lady and left a massage that I had a concern about the service I received. ( No call back) so I returned to pick up my second car after 4pm to receive attitude about the gas I paid to put in my car by David or Dave ( or whatever his name might be)I paid u guys to clean my car ( looks amazing) I just hope the young man is having a better day when i return for my tune up.I was mot looking for any discount just understanding for the next time. I only gave 3 stars because the people who work for your company represent your company and David or Dave (whatever his name might be) is not a good face.

Carol Gorney
Carol Gorney
GOOGLE
1-16-2020
Full Star Full Star Full Star Full Star Full Star
Jamie Watson
Jamie Watson
GOOGLE
1-16-2020
Full Star Full Star Full Star Full Star Full Star
Moaz Amazing World
Moaz Amazing World
GOOGLE
1-16-2020
Full Star Full Star Full Star Full Star Full Star
David Schmitt
David Schmitt
GOOGLE
1-16-2020
Full Star Full Star Full Star Full Star Full Star
Carolyn Van Zante
Carolyn Van Zante
GOOGLE
1-16-2020
Full Star Full Star Full Star Full Star Full Star

Derrius got us into our new vehicle in record time. Always a pleasure to work with Toyota of Iowa City.

Ben Long
Ben Long
GOOGLE
1-16-2020
Full Star Full Star Full Star Full Star Full Star

They did an excellent job of checking me in and letting me know what things needed to be done. They accomplish their work in a very timely and efficient manner.

Cory ONeill
Cory ONeill
GOOGLE
1-16-2020
Full Star Full Star Full Star Full Star Full Star

Frank in the used Car Department. Made my purchase as simple possible. Fair price. great service and timely delivery. Thanks Frank and the team at Toyota

Aaron Salling
Aaron Salling
GOOGLE
1-11-2020
Full Star Full Star Full Star Full Star Full Star
Maria Hope
Maria Hope
GOOGLE
1-11-2020
Full Star Full Star Full Star Full Star Full Star
Anne Welch
Anne Welch
GOOGLE
1-10-2020
Full Star Full Star Full Star Full Star Full Star
Janice Earley
Janice Earley
GOOGLE
1-10-2020
Full Star Full Star Full Star Full Star Full Star

I bought my CHR for Toyota of Iowa city, and LOVE it. I continue to bring it in for service and they do a wonderful job of keeping me informed of the progress of the service, and always done in a timely manner.

Ryan Baker
Ryan Baker
GOOGLE
1-10-2020
Full Star Full Star Full Star Full Star Full Star

ToIC has always been friendly and easy to deal with! I am always promptly greeted when bringing a car in for service, friendly shuttle drivers and easy pick up. The sales people are always friendly and willing to chat with you, even if you are not ‘their customer’. The sales process is always easy and never the BS of having to ‘check with my manager’ during the process. Highly recommend ToIC!!

Jeanne Sheetz
Jeanne Sheetz
GOOGLE
1-10-2020
Full Star Full Star Full Star Full Star Full Star

I've been buying vehicles and servicing them atToyota of Iowa City since the early 1980's. I wouldn't want to go anywhere else! Quality vehicles that hold value and best customer service! All of the staff is professional and treats customers with respect!

danielle sidenstricker
danielle sidenstricker
GOOGLE
1-10-2020
Full Star Full Star Full Star Full Star Full Star
Emma Eschker
Emma Eschker
GOOGLE
1-9-2020
Full Star Full Star Full Star Full Star Full Star

I recently leased a RAV4 from Russ at this location. Everyone was incredibly helpful and accommodating during the process. The exact vehicle I was looking for was not in stock, but within 2 days they had located one in Madison, WI, and had it delivered here. I would definitely recommend them to anyone in the market for a high quality vehicle!!

Keith Miller
Keith Miller
GOOGLE
1-8-2020
Full Star Full Star Full Star Full Star Full Star
Forrest Wandling
Forrest Wandling
GOOGLE
1-8-2020
Full Star Full Star Full Star Full Star Full Star

Great service as always. Friendly and fast, great facility and the coffee donuts were delicious.

Roger Lusala
Roger Lusala
GOOGLE
1-8-2020
Full Star Full Star Full Star Full Star Full Star
mark amberg
mark amberg
GOOGLE
1-7-2020
Full Star Full Star Full Star Full Star Full Star

Great experience. Haven’t bought a car in 19 years. Brad heled me figure out the Technology package on theAcura I bought and was able to negotiate a great price. Absolutely love the car.I got a better price than I would have in Cedar Rapids too So it saved me a big hassle.

Gail Beebe
Gail Beebe
GOOGLE
1-1-2020
Full Star Full Star Full Star Full Star Full Star
Kevin Rotter
Kevin Rotter
GOOGLE
12-31-2019
Full Star Full Star Full Star Full Star Full Star
Dave Hanson
Dave Hanson
GOOGLE
12-29-2019
Full Star Full Star Full Star Full Star Full Star

I've leased/owned Toyotas from this dealership since 1996. They take great care of their customers! I would highly recommend this dealer to anyone looking for a new or used vehicle.

Sofia M
Sofia M
GOOGLE
12-27-2019
Full Star Full Star Full Star Full Star Full Star
Maria Burbano
Maria Burbano
GOOGLE
12-26-2019
Full Star Full Star Full Star Full Star Full Star
Kay Irelan
Kay Irelan
GOOGLE
12-26-2019
Full Star Full Star Full Star Full Star Full Star
Hal Penick
Hal Penick
GOOGLE
12-26-2019
Full Star Full Star Full Star Full Star Full Star
Erin Muir
Erin Muir
GOOGLE
12-26-2019
Full Star Full Star Full Star Full Star Full Star

Mike Huber is one of a kind and has always been so helpful. Have always driven Toyotas and am very happy with my new car!

Donald Waters
Donald Waters
GOOGLE
12-26-2019
Full Star Full Star Full Star Full Star Full Star
Kevin
CARGURUS
12-24-2019
Full Star Full Star Full Star Full Star Full Star

Dealer was very helpful and answered my questions. I have not purchased a car yet but would consider buying from them.

Sherri McGregor
Sherri McGregor
GOOGLE
12-21-2019
Full Star Full Star Full Star Full Star Full Star
Eileen Buchmayer
Eileen Buchmayer
GOOGLE
12-21-2019
Full Star Full Star Full Star Full Star Full Star
Chris Steele
Chris Steele
GOOGLE
12-20-2019
Full Star Full Star Full Star Full Star Full Star

Very easy, laid-back deal. Thank you Derrius and the rest of the staff.

"Best service I have ever received from an automobile..."

mecrawford
DEALERRATER
12-20-2019
Full Star Full Star Full Star Full Star Full Star

Best service I have ever received from an automobile dealer. The sales department is the best, very professional and great expertise. And, an outstanding service department.

Joseph Woodhouse
Joseph Woodhouse
GOOGLE
12-17-2019
Full Star Full Star Full Star Full Star Full Star

We had one of the best car purchasing experiences we have ever had buying a car. After a very bad experience with Toyota of Muscatine we drove directly to Toyota of Iowa City and Troy worked with us a we left purchasing a car that same day. I would definitely purchase another car from Troy and this dealership.

Angie Knipper
Angie Knipper
GOOGLE
12-17-2019
Full Star Full Star Full Star Full Star Full Star

This was our first oil change and they were fantastic. Bright me straight to work and was there before I walked out of the office to bring me back. And the conversation with the shuttle driver Larry was nice too. Highly recommend this facility.

Carey Bostian
Carey Bostian
GOOGLE
12-17-2019
Full Star Full Star Full Star Full Star Full Star

It is hard to say how much I appreciate the Toyota of Iowa city service department. I love my car and they take great care of it.

Drinda Freriks
Drinda Freriks
GOOGLE
12-17-2019
Full Star Full Star Full Star Full Star Full Star

Mike Huber was great! Put us into the car we wanted for the price we expected to pay. So simple and easy unlike any other dealership we have experienced in Iowa.

Diane Slaughter
Diane Slaughter
GOOGLE
12-17-2019
Full Star Full Star Full Star Full Star Full Star

Great service on my Toyota Highlander at Toyota Iowa City!

Joe Bargo
Joe Bargo
GOOGLE
12-16-2019
Full Star Full Star Full Star Full Star Full Star

From day one I have had a great experience from the service department. They keep our vehicles running flawlessly. This service experience kept me there for purchasing my replacement vehicle. The experience was free of pressure and typical sales games. My questions were answered and once we found the right vehicle, purchasing was easy and quick. My compliments to Troy for maintaining the consistent great experience I’m accustomed to from Charlie and the service department. I would trust these folks with my daughters when they get to this phase in life.

Jenna Herrington
Jenna Herrington
GOOGLE
12-16-2019
Full Star Full Star Full Star Full Star Full Star

I went in to make a new key for my car and as I was talking to them they asked if I had had the recalls fixed. I had not. So we scheduled a time and they replaced 6 different items for Free and gave us a rental car to use while they were working on it. Great costumer service! Fast work! Just another reason why Toyota is the best!!!

Teresa Engelbart
Teresa Engelbart
GOOGLE
12-13-2019
Full Star Full Star Full Star Full Star Empty Star
Debra Bicket
Debra Bicket
GOOGLE
12-12-2019
Full Star Full Star Full Star Full Star Full Star
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