The Toyota of Tri-Cities auto finance team is ready to go to work for you. Our financial experts promise to find a auto loan or lease option that meets your needs. At Toyota of Tri Cities, we work with a network of financial institutions to get you a great rate on a car loan in Kennewick, Richland, and Pasco. Let the staff at our Toyota dealership make the process of buying a new car easy. Complete our online finance application and we will contact you shortly. Your financing information is safely encrypted in digital format and is never sent through e-mail.
Have you picked out the new Toyota, or used car, you are planning to purchase? You can browse the Toyota of Tri-Cities current inventory online where you will find prices, pictures and details about all of the new and used cars at our South Central Washington car dealership. If you have additional questions, please contact us at 888-241-0605.
If you are interested in having us quickly contact you, please fill out the short form below. If you are submitting it during working hours, we will contact you within minutes!
6321 W. Canal Drive
Kennewick, WA 99336pause
Loan payments contribute to the eventual ownership of a vehicle, while lease payments apply only to the short-term use of a car.
Owning a lease vehicle is possible if purchased outright after the lease period ends.
A typical lease period runs between 24 and 48 months.
Three important factors - adjusted capitalized cost, residual value and the money factor - determine the monthly rate of a lease.
Closed-end leases set a fixed residual buy price at the beginning of the term, while open-end deals base the final buy price on a vehicle's actual market value at the end of a lease.
Pay more money down initially to reduce monthly loan payments. Otherwise, a typical down payment ranges between 10 to 20 percent of the total cost.
Many used vehicles require down payments of at least 20 percent and include interest rates between 9 to 10 percent.
Lease agreements usually limit mileage from 12,000 to 15,000 miles annually. Beyond these figures, fees in the range of $0.10 to $0.25 per mile begin to accumulate.
If you plan on customizing your vehicle, you need to finance with a loan. Leased vehicles must be returned under factory specification.