Below you will find helpful information about the products offered in Street Toyota’s Finance Department. For more information or specific questions, please contact us at 806-355-9846 and we will be happy to help you!
Buying / Financing
Street Toyota has a large network of financing sources, which allows us to find the best rates and terms for your credit situation and budget. When you purchase/buy a new Toyota, Toyota Certified Used or other quality used car truck or SUV from Street Toyota, you can use your current vehicle as your down payment and/or cash, a check or a credit card. Your down payment may vary based on your credit rating, type of vehicle you are purchasing/buying and the amount of the monthly payment that fits your budget. The remaining balance of the purchase price of the car, truck or SUV will be paid off in equal monthly installments for a specified number of months. The term of your contract will also vary based on the price of the vehicle, the amount of your down payment and a monthly payment that fits your budget. Street Toyota’s Finance Department professionals will work to find you the best deal for your budget. Financing a new or used car, truck or SUV is a great option for those who need to establish credit, repair credit and plan on keeping a vehicle well after the last payment is made.
Leasing is an alternative to financing for those that like to have a new vehicle every few years. Leasing, however, has more restrictions than purchasing/buying because you never actually “own” the car, truck or SUV you are leasing. A lease is essentially a long-term rental of a new vehicle, but much more affordable. Leasing differs from financing in that you only pay for part of the total value of the vehicle. Lease terms are usually shorter than finance terms and because you are only paying for a portion of the vehicle’s value, your payments are usually less. At the end of the lease term, you have the option to return the car, truck or SUV and lease or finance another vehicle, or finance the residual balance and own the vehicle at the end of the finance term. While leases do have a restriction on the amount of miles you can accumulate per year and you are responsible for paying for excess wear and tear, you can purchase additional miles to cover any extra you might incur.
Thank you for choosing Street Toyota for your next new Toyota, Toyota Certified Used Car or quality used car. Our staff of professionals is here to help make your vehicle buying experience the best you have ever had. If you have any questions, please contact us at (888) 904-8417, or come see us at 4500 S. Soncy in Amarillo, Texas.