Buy vs Lease near Canton, MI

Finding your next set of wheels is only a small portion of the purchasing process. After you have that taken care of, you have to decide if financing or leasing will fit your budgetary limits. We at Dunning Toyota understand that this can seem like a daunting task, which is why we vow to walk you through the entire process one-on-one and show you the perks of taking each route. After that, the decision is totally up to you! To learn more, you can visit the experts at our Finance Department today. 

How Do I Lease a Vehicle?

Gaining more traction with each year, drivers are turning to leasing because it allows you to experience the various updates that are happening with each iteration. Synonymous with borrowing, leasing lets you take home your soon-to-be ride for a predetermined mileage and period of time. You might find yourself wondering, “What is the positive of leasing if I can’t keep the vehicle?” The best part about going down this path is that your down payment and monthly rate will be a fraction of the cost of financing because you will only be paying for the vehicle’s depreciated value. Then, once your term is complete, you can either upgrade to one of the newer models on our lot, hand in the keys and walk away, or pay off the remaining value if you have fallen in love. 

Buying

Financing is completely different than leasing because you will own your vehicle at the end of your term. This is because our Finance Department will break the full price of the automobile into easy-to-manage monthly increments that you will pay off for a timeframe that you decide when you visit us. This timeline is usually dependent on your down payment, so if you want to complete your term faster, you should put down a larger sum. The plus of choosing to finance is that you will be able to tap into our new and pre-owned models, which gives you more of a selection. If this sounds like the right plan for you, you can get the ball rolling today when you fill out our online Finance Application so we can get in touch with our local lenders. 

Inventory

Now that you know the details of buying and leasing, you can get started on finding the appropriate vehicle for your daily excursions. Since both avenues let you access our New Vehicles, we will direct you toward the latest and greatest models that we have in stock! If you are interested in a spacious ride that provides multimedia features for the kids and plenty of cargo volume, you would be remiss if you didn’t consider the Toyota 4Runner or Highlander. On the other hand, if you are keener on vehicles that provide ultimate fuel efficiency, then you can’t go wrong with the Camry or Corolla Hybrid!

We hope we have filled you in with all of the details of whether to buy vs lease near Canton, MI. Stop by Dunning Toyota today to speak with our Finance Department at 3745 Jackson Road in Ann Arbor, MI!

 

Contact Information


Buy vs Lease near Canton, MI

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Sales Hours

866-250-5361
Monday 9:00 am - 9:00 pm
Tuesday 9:00 am - 6:00 pm
Wednesday 9:00 am - 6:00 pm
Thursday 9:00 am - 9:00 pm
Friday 9:00 am - 6:00 pm
Saturday 10:00 am - 3:00 pm
Sunday Closed

Dealership Information

Testimonials

Bettie
CARGURUS
11-10-2019
Full Star Full Star Full Star Full Star Full Star

I called ahead before arriving at the dealership and asked if the vehicle could be taken to the shop for all points inspection before arriving. My salesman( Joel ) had it done before I arrived with no problems. Everyone was very friendly and accommodating. The paper was already done and the wait time was very short. Very good experience.

Jesse Howell
Jesse Howell
GOOGLE
11-9-2019
Full Star Full Star Full Star Full Star Full Star

Great car shopping experience. Joel was incredibly friendly and helpful. We were trying different models to see which ones we like the best, and tried a Corolla, a Camry, and a Rav4. All three models brought different things to the table, and in the end we like the Rav4 the best, closely followed by the Camry, but really the Corolla was no slouch either. Now just waiting for the right trim level Rav4 to come in our budget.

Dan Stroebel
Dan Stroebel
GOOGLE
11-8-2019
Full Star Full Star Full Star Full Star Full Star

My sales rep Sarah was great. I interrupted her lunch but she was accommodating and patient with me through the sales process. Neal the business manager is a consummate professional. He answered all of my questions about the paperwork and did not waste one minute of my time. I appreciate that.

Thomas
CARGURUS
11-5-2019
Full Star Full Star Full Star Full Star Full Star

The Team at Toyota Ann Arbor is extremely professional and was quick to answer all my questions.

Jay kar
Jay kar
GOOGLE
10-30-2019
Full Star Full Star Full Star Full Star Empty Star

Nice customer service.. prompt response.. Courteous staffs

Coreen O'Rourke
Coreen O'Rourke
GOOGLE
10-29-2019
Full Star Full Star Full Star Full Star Empty Star
Bret
CARGURUS
10-25-2019
Full Star Full Star Full Star Full Star Full Star

They got right back to my email and answered all my questions quickly

Dan Taylor
Dan Taylor
GOOGLE
10-21-2019
Full Star Full Star Full Star Full Star Full Star
Joe H.
Joe H.
GOOGLE
10-18-2019
Full Star Full Star Full Star Full Star Full Star

Excellent service!

Diahann C
Diahann C
GOOGLE
10-18-2019
Full Star Full Star Full Star Full Star Empty Star
Mohammed Zubair
Mohammed Zubair
GOOGLE
10-15-2019
Full Star Full Star Full Star Full Star Full Star

Good

Richard
CARGURUS
10-9-2019
Full Star Full Star Full Star Full Star Empty Star

Great sales staff. Very open, and not pushy. I would highly recommend Dunning Toyota.

Jennifer S.
Jennifer S.
YELP
10-5-2019
Full Star Full Star Full Star Full Star Full Star

I had an excellent experience working with Jeff Root and Neal when purchasing my car. Both men were honest, down to Earth, knowledgeable, and extremely helpful. They definitely have their customers' best interest as a priority.

Shamim Mallick
Shamim Mallick
GOOGLE
10-1-2019
Full Star Full Star Full Star Full Star Full Star

Excellent experience in purchasing Toyota from Dunning Toyota and directly working with Jeffry.A.Root. I appreciate Jeffry.A.Root and Dunning Toyota for professional and friendly approach. Thanks for all the help and services.

Monday
CARGURUS
9-24-2019
Full Star Full Star Full Star Full Star Full Star

Very good

Aastha M.
Aastha M.
YELP
9-16-2019
Full Star Full Star Full Star Full Star Full Star

Loved my car buying experience at Dunning Toyota! I bought my first car ever here and my sales consultant Tommy Zabik was incredibly helpful, friendly and supportive. I highly recommend using this dealership.

TELAL
CARGURUS
9-13-2019
Full Star Full Star Full Star Full Star Full Star

Helpful and cooperative

wick in time
wick in time
GOOGLE
9-12-2019
Full Star Full Star Full Star Full Star Full Star

Sorry we didn't make a deal today, maybe next time

tammy wright
tammy wright
GOOGLE
9-11-2019
Full Star Full Star Full Star Full Star Full Star

Just bought our first Toyota and what a great experience we had buying it at Dunning Toyota. We did a lot of shopping before buying and we ended up back down in Ann Arbor which is an 80 mile drive each way to buy our new Highlander. Beth was our salesperson and what a joy it was to work with her. We have purchased and leased many ( way to many) vehicles over the years and this was one of the best experiences. Everything went very smooth, we did not feel pressured by pushy salespeople, hopefully the Highlander lives up to our expectations and we will gladly buy another Toyota from Dunning soon

"Great Customer Service "

Ivanfang0825
DEALERRATER
9-7-2019
Full Star Full Star Full Star Full Star Full Star

Really nice dealer, no complicated fees, fast and very easy processing. I would recommend anyone getting a car in Ann Arbor come to this place.

Great Customer Service

Ivanfang0825
CARS
9-7-2019
Full Star Full Star Full Star Full Star Full Star

Really nice dealer, no complicated fees, fast and very easy processing. I would recommend anyone getting a car in Ann Arbor come to this place.

W Gamble
W Gamble
GOOGLE
9-5-2019
Full Star Full Star Full Star Full Star Empty Star

"Wonderful Experience!"

djf
DEALERRATER
9-4-2019
Full Star Full Star Full Star Full Star Full Star

From the start Tony was determined to work hard to get us the lowest price on the specific model car we wanted. He listened to what our needs were and interacted with us in an unassuming way. He was a real pleasure to work with. I would recommend him to anyone!

Wonderful Experience!

djf
CARS
9-4-2019
Full Star Full Star Full Star Full Star Full Star

From the start Tony was determined to work hard to get us the lowest price on the specific model car we wanted. He listened to what our needs were and interacted with us in an unassuming way. He was a real pleasure to work with. I would recommend him to anyone!

Kurt H.
Kurt H.
YELP
9-3-2019
Full Star Full Star Full Star Full Star Full Star

Just bought a new car from Dunning . Very stress free and enjoyable experience . Sales staff was fantastic , answered all my questions very friendly and most of all I didn't feel pressured . I highly recommend Dunning Toyota . It was the easiest car buying experience I've ever had I definitely will be a returning customer

Elizabeth Wilson
Elizabeth Wilson
GOOGLE
9-3-2019
Full Star Full Star Full Star Full Star Full Star
Manal Zaibak
Manal Zaibak
GOOGLE
9-3-2019
Full Star Full Star Full Star Full Star Full Star
Emily
CARGURUS
9-3-2019
Full Star Full Star Full Star Full Star Full Star

Great experience. Very helpful.

A sales person unlike any other

kpeterson1028
CARS
9-1-2019
Full Star Full Star Full Star Full Star Full Star

This was the first time I felt complexly comfortable purchasing a vehicle. Tony was extremely helpful, honest, and non-aggressive. He made it so easy for me. The truck I wanted was the only one of its kind in the color I wanted and Tony had m to made it clear that the truck had another buyer. Instead of driving an hour to the dealer and not sure if I was going to make it in time, Tony let me make a deposit over the phone to be able to reserve the truck for me. When I got there I had a migraine headache and told him I wanted to make it quick and hassle free. He did just that, he gave me a better amount for my trade then expected and gave me the best price possible from the start. He did not try to include all those extras that dealers try to sell me and I have to sit there and explain why I don't want them. He knew my headache was enough pain so he got straight to the point. Eugene in finance was the same way, very easy to work with and pressure-free. I would recommend Tony and Eugene to anyone looking for a vehicle without all the stress that is involved. Great team work, great dealership.

"A sales person unlike any other"

kpeterson1028
DEALERRATER
9-1-2019
Full Star Full Star Full Star Full Star Full Star

This was the first time I felt complexly comfortable purchasing a vehicle. Tony was extremely helpful, honest, and non-aggressive. He made it so easy for me. The truck I wanted was the only one of its kind in the color I wanted and Tony had m to made it clear that the truck had another buyer. Instead of driving an hour to the dealer and not sure if I was going to make it in time, Tony let me make a deposit over the phone to be able to reserve the truck for me. When I got there I had a migraine headache and told him I wanted to make it quick and hassle free. He did just that, he gave me a better amount for my trade then expected and gave me the best price possible from the start. He did not try to include all those extras that dealers try to sell me and I have to sit there and explain why I don't want them. He knew my headache was enough pain so he got straight to the point. Eugene in finance was the same way, very easy to work with and pressure-free. I would recommend Tony and Eugene to anyone looking for a vehicle without all the stress that is involved. Great team work, great dealership.

Aaron DeVries
Aaron DeVries
GOOGLE
8-31-2019
Full Star Full Star Full Star Empty Star Empty Star

I've been here several times before, and generally had excellent service. They took less than a day, and I was able to use their shuttle service to and from my office, which was a great help. They even washed my car! It's almost fun to go there. Therefore my latest car repair experience must have been an anomaly. Not only did it take them a total of 12 days and three tries to repair the issue, the unnecessary parts they replaced on the first two attempts doubled the overall bill, and then they returned the car with an empty gas tank (which was full when I dropped it off). Admittedly the repair involved the gas tank so this was probably just an oversight, but it added considerable insult to injury. Plus I had only made alternate transportation plans for 3 days, after which the mounting Uber fees started to become a problem on their own. By the 8th day I had to start walking to work (12 miles a day) to cut down on such travel expenses, which was seriously inconvenient.

Penny Deming
Penny Deming
GOOGLE
8-31-2019
Full Star Full Star Full Star Full Star Full Star
Andrea Gregorka
Andrea Gregorka
GOOGLE
8-31-2019
Full Star Full Star Full Star Full Star Full Star
JOHN SHELTON
JOHN SHELTON
GOOGLE
8-31-2019
Full Star Full Star Full Star Full Star Full Star

Felt welcome and my concerns were addressed in a fast and courteous way.

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