Toyota Commercial Finance, Toyota’s finance company, offers a multitude of lease options to meet every customer’s needs, and there is one that is right for you. Whether your business requires a short-term, long-term or flexible-term lease, Toyota Commercial Finance will meet your material handling finance needs.
Consider these Toyota Commercial Finance leasing options and decide which one is best for you and your business.
Operating Lease: Coupled with Toyota Commercial Finance’s high residuals, the operating lease offers the lowest monthly lease payment for Toyota equipment in the market place and also offers off-balance-sheet financing and certain tax advantages associated with this type of lease structure. It is always recommended to consult with your tax advisor.
Capital Lease: Affords you the ability to lease new Toyota equipment in severe applications, without the responsibility of ownership during the lease term and with a low purchase price at lease maturity. Capital leases typically are reported on the balance sheet and provide certain tax advantages associated with this type of lease structure. It is always recommended to consult with your tax advisor.
One Pay Lease: The customer only makes one up-front payment during the entire term of the lease, resulting in a discounted cash flow benefit and dramatically reduced interest charges. Cost savings are also realized as a result of the elimination of administrative costs associated with processing monthly lease payments.
Flex Lease: The flex lease is structured as two leases in one and offers a multitude of flexible lease options and terms, which allow you to return Toyota equipment early or continue to lease the equipment at a dramatically reduced monthly lease payment.
Retail Installment Balloon Loan: Provides the same low monthly payment as an operating lease along with certain tax advantages of a Capital Lease and responsibility of ownership. A customer can select a down payment amount of 60%, 70%, or 80% of the initial transaction price. Upon the maturity of the loan, there are multiple customer options including paying off the remaining balloon amount, refinancing the balloon for an additional predetermined term or trade in the equipment and finance a brand new Toyota forklift.