Blog @WellesleyToyota

How your Credit Score Affects your Toyota's Financing

Posted by Josh Chang on Wed, Aug 27, 2014 @ 08:00 AM

When purchasing a new vehicle, you have three options for paying for your vehicle: paying cash, financing it, or leasing it. While most people might say that paying cash is the first choice so you own your vehicle outright, not everyone has that much money to spend on a vehicle purchase. One option in this situation is to finance the vehicle, where you receive a loan and pay it back to the bank over time, at a certain interest rate. The third option is leasing, which is essentially a 2-3 year rental of the vehicle, where you'll be paying less than if you bought the car and sold it after the same time period.

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Topics: Wellesley Toyota, Toyota Financial Services, Finance, Interest Rate, Zero Down, APR, Credit Score, Lender

Is GAP Insurance right for your Toyota?

Posted by Jared Katsoupis on Wed, Jun 11, 2014 @ 08:00 AM

 

How does someone know if specialized automotive protection is right for them? Often times, we overlook extra insurance and protections thinking nothing unexpected will happen to us, and we take a gamble and pass on insurance protection plans to save a few hundred dollars.

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Topics: GAP Insurance, Insurance, Auto Protection, Toyota Financial Services