Lease End Options near Ventura, CA

Leasing a Toyota Camry, RAV4, or Corolla provides flexibility, which is part of what makes our contracts so appealing. As your lease with Toyota of Santa Barbara approaches its end, you’ll have three options for how to move forward. If you have any questions after reviewing them, our Finance Department is here to help plan your future travels in Ventura!
Start a New Lease
One option at the end of your lease is to wrap up your current agreement and start a new one with a different Toyota vehicle. This lets you keep driving to and from Cove Beach in the latest Toyota releases. It also gives you the chance to secure terms that better fit your lifestyle. For instance, if you’ve realized you need a higher monthly mileage allowance, renewing your lease allows you to adjust that. Your vehicle needs may have changed as well. For example, if your family is growing, you might opt for a larger SUV rather than the compact sedan that you previously drove.
Purchase the Vehicle
Another option is to purchase your leased vehicle by paying off its remaining value. You can either do this in full or through financing that allows you to become the sole owner over time. If you choose to finance, our team will apply the payments you’ve already made during your lease, helping shorten the length of your loan. Many drivers choose this route because they’ve grown to love the vehicle they’ve been driving along Route 101 and don’t want to part with it. Others decide to buy it because of interior or exterior damage that has been sustained throughout the lease, making ownership a simpler or more cost-effective solution than paying lease-end penalties. Contact us to learn more about this option.
Return Your Leased Toyota 
The last option is simply to return the vehicle. When your contract expires, you can bring the car in for a final inspection by our technicians and hand over the keys. This closes out your agreement and ends any future obligations. You’ll be free to pursue a new means of getting around the city. The main downside is that you’ll no longer have transportation from your chosen Toyota model. However, we offer a wide range of vehicles for purchase if you’re ready to move from leasing to ownership. Now that you know what to expect at the end of your lease, you can approach the process with confidence by exploring our available inventory during our business hours.

- Buy vs Lease near Santa Barbara, CA