Customer is responsible for controllable and non-controllable factors:
Higher gas prices
New models/Enhanced technology
New vehicle Incentives
Poor third-party reviews
Weak resale value
Finance term: 60 months
Finance end-of-term options:
Keep the vehicle
Sell or trade the vehicle
Customer is responsible for controllable factors:
Residual = purchase price
Lease term 36 months
Lease end -of- term options
Purchase the vehicle
Sell privately/pay off residual
Extend the lease
Return lease vehicle
Customer will own the vehicle without a lien after the term of the loan.
When LEASING, customer delays the purchase decision and has options:
Buy it and keep the vehicle
Buy it and sell the vehicle at a profit (If market above residual value).
Buy it and trade it for another vehicle (if market above residual value).
Extend the lease
Return the vehicle to the dealer with no resale or trade-in hassles.
Wear & Use Considerations
Owner is responsible for all wear and use.
As wear and use increases, vehicle depreciates
At time of trade or sale, wear and use negatively affects the market value of vehicles.
Lender is responsible for all normal wear & use.
Lessee is charged for excess wear and use.
Refer to sample condition report for example of both normal and excess wear, as well as to the Excess Wear & Use Protection Plan brochure and the Lease-End brochure. Note that the EWU Protection Plan is not available in all states.
Owner is responsible for miles - ALL
AAA Study mid-size sedan, 5 years*. - .374/mile
Standard mileage allowance - 15,000/year
Additional miles at inception - .10/mile
Excess miles at lease end - .15/mile
*AAA's 2012 "Your Driving Costs" study
Considering Paying Cash?
If paying cash to avoid interest:
In exchange for all the payment upfront, the Lender discounts the money factor and rent charge.
The cost of money represented by the rent charge may be lower than other lease or finance programs
If Paying cash to avoid monthly payments:
There are no monthly payments with a 1-Pay lease
Investment or Expense?
It may not be the best use of a customer's cash to tie it up in a fixed asset (the vehicle that depreciates), rather than something that might increase in value.
Leaves cash available for an emergency or opportunity
Fixed residual value (based on mileage and condition) provides market protection.
Please speak with our trade advisor for more information.
All pricing and details are believed to be accurate, but we do not warrant or guarantee such accuracy. The prices shown above, may vary from region to region, as will incentives, and are subject to change. Vehicle information is based off standard equipment and may vary from vehicle to vehicle. Call or email for complete vehicle specific information.
¶ *All vehicles are one of each. All Pre-Owned or Certified vehicles are Used. A dealer documentary service fee of up to $150 may be added to the sale price or capitalized cost. All offers expire on close of business day subject content is removed from website, and all financing is subject to credit approval. Prices excluded tax, title, and license. Any agreement is subject to execution of contract documents. It is the customer's responsibility to verify the existence and condition of any equipment listed. **Price does not include dealers installed accessories. Prices shown are Jaguar of Tacoma suggested retail prices only, actual price may vary. Actual vehicle/accessory costs, labor and installation vary. Dealers set their own prices.