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

Take Advantage of our Competitive Deals!

Dealership Information

Testimonials

Diana E. P.
YELP
3-24-2020
Full Star Full Star Full Star Full Star Full Star

I had a wonderful leasing experience at Dunning, thanks to Tony Khalil, a fantastic sales rep there. He was knowledgeable, flexible and patient, and made the entire process easy, smooth and fast. The financial department was also great, very professional and to the point. I appreciated the excellent service and look forward to my new lease!

Alexander F.
YELP
3-21-2020
Full Star Full Star Full Star Full Star Full Star

I had a great experience with Sarah getting a very specific car and color and she came through. They worked with me on the trade and communicated very well- good experience. Have a service issue on the car and so far they've been very responsive so go in and ask for Sarah, no pressure she'll just help you find what you like!

Sarah S.
YELP
3-21-2020
Full Star Full Star Full Star Full Star Full Star

Came just to look and leaving with a car! Tony Khalil helped find the right finance option and made the whole experience pretty quick and easy. Have never had any problems here.

Hiba Ri
Hiba Ri
GOOGLE
3-20-2020
Full Star Full Star Full Star Full Star Empty Star
Ryan B.
YELP
3-19-2020
Full Star Full Star Full Star Full Star Full Star

I came in to buy a used car. I had previously researched online and was happy that Tony was professional in our interaction. I'm pleased with the deal that we made.

Suzanne S.
YELP
3-18-2020
Full Star Full Star Full Star Full Star Full Star

My husband and I bought our 2017 Toyota Rav4 from Dunning and we worked with Jeff Root. We had a great experience and really appreciated Jeff's knowledge and friendly personality throughout the process. He made the process as smooth as possible (even on a week day when our scheduled were tight). The car we purchased had a bit of a smokey smell to it and Jeff took care of it. We brought it back in and they cleaned it inside and out and the smell is completely gone. We are really happy we went with Dunning and highly recommend working with Jeff! We love our new car, thank you!

David Moore
David Moore
GOOGLE
3-17-2020
Full Star Full Star Full Star Full Star Full Star

Most of the work was done before I got there so it was very fast and efficient. Everybody was nice and i got a great car at a decent price...

"We’ve bought two used cars from them. Highly..."

A west
DEALERRATER
3-13-2020
Full Star Full Star Full Star Full Star Full Star

We’ve bought two used cars from them. Highly recommended. We were well treated and the deals were really good. Totally worth it. They go above and beyond and are enthusiastic to do what they can to make the experience terrific. They’ve done it again. Thanks.

We've bought two used cars from them. Highly...

A west
CARS
3-13-2020
Full Star Full Star Full Star Full Star Full Star

We've bought two used cars from them. Highly recommended. We were well treated and the deals were really good. Totally worth it. They go above and beyond and are enthusiastic to do what they can to make the experience terrific. They've done it again. Thanks.

Kevin Smagacz
Kevin Smagacz
GOOGLE
3-11-2020
Full Star Full Star Full Star Full Star Full Star
Randy Czarnecki
Randy Czarnecki
GOOGLE
3-11-2020
Full Star Full Star Full Star Full Star Full Star

I wanted a Prius Prime Limited, which is a more popular car on the east and west coasts, and is therefore not routinely allocated to dealerships here in Michigan. I called Dunning and they ordered it for me, no problem, just the way I built it on the Toyota web site. I received calls from Dunning alerting me to events like the order being accepted by Toyota, the date my car was built in Aichi, Japan, and when it was available for pick-up at the dealership. On pick-up day, I received a fair price for my 2004 Prius and came home in my 2020, all without a hitch. Thank you to my sales team of Jason Kersey and Beth Bashert, and anyone else that helped get my Prime delivered and prepped for my arrival!

Vlad Tudor
Vlad Tudor
GOOGLE
3-7-2020
Full Star Full Star Full Star Full Star Full Star

Very happy with the service, prompt, courteous, reliable. Highly recommended!

Dave P.
YELP
3-7-2020
Full Star Full Star Full Star Full Star Full Star

Tony Khalil was great. He made it easy and fast. I will be coming here from now. Car runs great!!!

Jamie C.
YELP
3-6-2020
Full Star Full Star Full Star Full Star Full Star

Tony was great! He got back to me very timely, had the truck waiting for us when we arrived, and was extremely patient as we test drove several vehicles. The whole buying experience was smooth thanks to Tony! Would highly recommend Dunning Toyota!

"Dusty was amazing during the purchase of our 2020 Tacoma..."

Happy Customer
DEALERRATER
3-4-2020
Full Star Full Star Full Star Full Star Full Star

Dusty was amazing during the purchase of our 2020 Tacoma TRD Sport Model Truck. Dunning Toyota paired with Dusty’s customer service was 100% memorable

Dusty was amazing during the purchase of our 2020 Tacoma...

Happy Customer
CARS
3-4-2020
Full Star Full Star Full Star Full Star Full Star

Dusty was amazing during the purchase of our 2020 Tacoma TRD Sport Model Truck. Dunning Toyota paired with Dusty's customer service was 100% memorable

Ava Mahon
Ava Mahon
GOOGLE
3-3-2020
Full Star Full Star Full Star Full Star Full Star
Brian Mahon
Brian Mahon
GOOGLE
3-3-2020
Full Star Full Star Full Star Full Star Full Star
Brian H.
YELP
3-3-2020
Full Star Full Star Full Star Full Star Full Star

We bought a new prius with Hunter. Very good inventory of cars. We wanted a rare color- team was able to trade with another dealership quickly. We were able to move quickly and get to a reasonable price without a crazy amount of haggling back and forth. Thanks so much, we love the new car!

Nowara Rasheed
Nowara Rasheed
GOOGLE
3-3-2020
Full Star Full Star Full Star Full Star Full Star

The guys at Dunning Toyota are absolute wonderful, with providing above and beyond service. They really treat one like family, caring about the safety of the vehicle one is driving away with. Just purchased a Tundra for the hubby. Hubby loves it like a kid at the candy store. Thanks Dunning fam.

Karen M.
Karen M.
YELP
3-2-2020
Full Star Full Star Full Star Full Star Full Star

I recently bought a 2017 RAV4 from Hunter at Dunning and had a great experience from beginning to end. He was very knowledgeable and friendly! Everyone that I interacted with at the dealership and service department was as well. I look forward to working with them in the future!

Daniel A.
Daniel A.
YELP
2-29-2020
Full Star Full Star Full Star Full Star Full Star

Very pleased with my experience at Dunning Toyota. Was doing my vehicle shopping when I narrowed down my search to a couple different vehicles at different dealerships. There was only 1 dealership and 1 salesman that accomplished everything I needed to get me into right SUV. Tony Khalil at Dunning Toyota did an amazing job. I got the trifecta when it comes to buying a car. I got the right rate,price,and vehicle I was looking for. I didn't think he could pull it off but it happened. Tony truly knows how to provide outstanding customer service. At every step of the way he took care of everything that needed done in the car buying process. I'd highly recommend Tony Khalil at Dunning Toyota.

Christine B.
Christine B.
YELP
2-29-2020
Full Star Full Star Full Star Full Star Full Star

If you are looking for a new or used car, you should check out Dunning Toyota! We have just purchased our 3rd vehicle from Jeff Root. He is great to work with. I never feel pressured and he is very knowledgeable about all of the cars. I also service my new Toyota at the service center. I have always had good service and the lounge area is great with free WiFi! Service is quick too.

Charlotte Mahon
Charlotte Mahon
GOOGLE
2-29-2020
Full Star Full Star Full Star Full Star Full Star

Staff is very nice and they have a wide selection of cars.

Ben D.
Ben D.
YELP
2-29-2020
Full Star Full Star Full Star Full Star Full Star

Tony at Dunning Toyota was very helpful and walking through the process of buying a car for the first time as a young adult. He addressed all of my questions and concerns in a very laid back manor. Great for you buyers!

Homer M.
YELP
2-28-2020
Full Star Full Star Full Star Full Star Full Star

My wife and I were looking for a new car. My son had told me the people at Dunning were nice from his experience there. I found several cars we were interested in and set up an appointment with Tony Khalil for the next day. What a great experience. My wife was a bit indecisive and yet Tony always was patient with her and always knowledgeable about all the different models she looked at. Never high pressure always made her feel comfortable in her search. He also answered my tons of questions us engineers always have. We settled on a 4runner. I will recommend Tony to all my friends and family.

My son said the people at Dunning were nice to work with...

Homer
CARS
2-27-2020
Full Star Full Star Full Star Full Star Full Star

My son said the people at Dunning were nice to work with from previous experience. He was spot on. We were looking for a new car and not totally sure what car we wanted. The dealership staff was patient and helpful without being pushy. Their knowledge of their vehicles was impressive. Tony, in particular, was especially helpful and pleasant to work with. I will definately recommend Tony to family and friends.

"My son said the people at Dunning were nice to work with..."

Homer
DEALERRATER
2-27-2020
Full Star Full Star Full Star Full Star Full Star

My son said the people at Dunning were nice to work with from previous experience. He was spot on. We were looking for a new car and not totally sure what car we wanted. The dealership staff was patient and helpful without being pushy. Their knowledge of their vehicles was impressive. Tony, in particular, was especially helpful and pleasant to work with. I will definately recommend Tony to family and friends.

George Roumell
George Roumell
GOOGLE
2-26-2020
Full Star Full Star Full Star Full Star Full Star

Best all around dealership. Great people! Always helpful. Great service top class automobile dealership! Customer is number one!

"Very friendly and knowledgeable people. Very good..."

Sasidhar
DEALERRATER
2-25-2020
Full Star Full Star Full Star Full Star Full Star

Very friendly and knowledgeable people. Very good experience overall. Worked with Tony. Very nice person to talk to. Will definitely come back for my next car.

Kollen Van Alsburg
Kollen Van Alsburg
GOOGLE
2-24-2020
Full Star Full Star Full Star Full Star Full Star

Very friendly and knowledgeable people. Very good...

Sasidhar
CARS
2-24-2020
Full Star Full Star Full Star Full Star Full Star

Very friendly and knowledgeable people. Very good experience overall. Worked with Tony. Very nice person to talk to. Will definitely come back for my next car.

Cynthia Renkiewicz
Cynthia Renkiewicz
GOOGLE
2-19-2020
Full Star Full Star Full Star Full Star Full Star

Dunning staff is always accommodating, listens to your concerns and get them done correctly. I cannot thank them enough from Lloyd Dunning to David Clay, Doug Balogh, Zack Johnson in assisting my dilemma.

Joy Gope
Joy Gope
GOOGLE
2-19-2020
Full Star Full Star Full Star Full Star Full Star

Tony was super helpful and honest for my recent Camry purchase. I recommend seeing him.!

Kurt Eschmann
Kurt Eschmann
GOOGLE
2-18-2020
Full Star Full Star Full Star Full Star Full Star

I took my car in for service here. So far they have been very professional and efficient. My appointment was at 7:00am and they took me early and had me in and out by 7:02 am with a loaner vehicle. So far so good!

Zhiqiang Wang
Zhiqiang Wang
GOOGLE
2-17-2020
Full Star Full Star Full Star Full Star Full Star

The staff is courteous and professional. An excellent 5-star experience! Thank you so much, Kevin and Lowell.

Walt DauningeGoldens
Walt DauningeGoldens
GOOGLE
2-16-2020
Full Star Full Star Full Star Full Star Empty Star

The service and the personnel were very good. What was disappointing is that for the second time I asked if they could fix the program that shows the street and the speed limit on the dashboard. Both times they claimed it was fixed but it still does not work.

Pierre Via
Pierre Via
GOOGLE
2-15-2020
Full Star Full Star Full Star Full Star Full Star
Susan Frazier
Susan Frazier
GOOGLE
2-15-2020
Full Star Full Star Full Star Full Star Full Star
Seth Dodson
Seth Dodson
GOOGLE
2-14-2020
Full Star Full Star Full Star Full Star Full Star

Had an issue with vehicle. Dropped it off and the service was excellent. Highly recommend!

Susan Musselman
Susan Musselman
GOOGLE
2-12-2020
Full Star Full Star Full Star Full Star Full Star

excellent fast an friendly service

Read More