Finance
Buying or leasing a new vehicle is exciting, and at Orem Toyota, we understand that drivers from Orem, Provo, American Fork, and Salt Lake City, UT, are looking for something that exudes confidence, clarity, and a path that aligns with their personal and financial goals.
Our finance center team is committed to helping you easily navigate your car-buying journey. Learn how we can help you put a bow on your car-shopping journey today!
Meet Our Finance Team
Whether you're purchasing your first car, trading in your old ride, or exploring lease options for a new Toyota, our financing specialists are here to guide you with patience, professionalism, and transparency.
Each member of our finance center team understands that no two drivers are the same. That's why we take the time to sit down with you in a one-on-one consultation, listen to your goals, and work collaboratively to build a personalized plan that fits your lifestyle.
As we go through the process, we'll connect with local and national lenders on your behalf to lock in flexible interest rates and terms.
Experiment With Our Online Finance Tools
In addition to our in-person financing services, our website offers a suite of financing tools and resources designed to prepare you for every step of the process.
Want to know what your monthly payments might look like? Our Payment Calculator lets you input different terms, prices, and interest rates so you can explore various scenarios before committing. Curious about how much your current vehicle is worth? Our Value Your Trade tool gives you a quick and accurate estimate, which you can apply to your next purchase.
Looking to save time at the dealership? You can get a head start with our secure finance application.
Buying vs Leasing a Toyota – Which is Right for Me?
One of the most common questions we get is, "Should I buy or lease?" While both options offer their own advantages, the best choice depends on how you drive and what your future looks like. Here are some factors to consider, per Consumer Reports*.
Buying a Toyota is an excellent long-term investment, especially if you plan to drive your vehicle for many years to come. It gives you full ownership, no mileage restrictions, and the freedom to customize your vehicle however you'd like. Plus, once your loan is paid off, the car is yours.
On the other hand, Leasing offers lower monthly payments and the chance to drive a brand-new Toyota every few years. It's ideal for drivers who enjoy staying up to date with the latest models or who don't want to worry about long-term maintenance. Leasing can also be a smart financial move if you drive fewer miles annually or simply want more flexibility.
Frequently Asked Questions
What do I need to apply for auto financing?
To apply, you'll typically need your driver's license, proof of income, proof of residence, and details about the vehicle you're interested in. You can start the process online or visit us in person.
Can I finance a used or certified pre-owned Toyota?
Yes! Orem Toyota offers financing for both new and used vehicles, including certified pre-owned models. Our team will help you explore the best rates and terms available.
Will applying for pre-approval affect my credit score?
Applying for pre-approval may result in a soft inquiry, which has minimal impact on your credit score. It's a great way to understand your options before making a commitment.
I'm Looking for a Finance Center near Me
If you're ready to explore financing options for your next Toyota, we're here to make the process smooth, transparent, and empowering. At the Orem Toyota finance center, drivers from Orem, Provo, American Fork, and Salt Lake City, UT, will find a welcoming team, smart tools, and flexible plans built around their needs. Contact us today to get started.
*Source: Consumer Reports