Test Drive a Lease Special!

Contact Information

Koons Annapolis Toyota

1107 West St.
Directions Annapolis, MD 21401

  • Sales: 410-390-0267
  • Service: 410-268-6480
  • Parts: 410-280-6335

Store Hours

  • Monday 9:00am-9:00pm
  • Tuesday 9:00am-9:00pm
  • Wednesday 9:00am-9:00pm
  • Thursday 9:00am-9:00pm
  • Friday 9:00am-9:00pm
  • Saturday 9:00am-7:00pm
  • Sunday Closed

Learn the Benefits of a Toyota Lease in Annapolis | Koons Annapolis Toyota is here to help

Koons Annapolis Toyota is here to serve all of your financing needs, including leasing, on new and pre-owned vehicles in Annapolis MD, Bowie MD, Laurel, Glen Burnie and Clarksville. Our Finance & Insurance experts are able to assist you with all of your financing needs and questions. We offer full lease options on the entire lineup of Toyota, including Camry, Corolla, Sienna, RAV-4, Highlander, and the popular-selling Prius family.

Why lease? Leasing can offer the best of all worlds: the vehicle you want, at a monthly payment that's typically more affordable than buying. Toyota Financial Services' leasing programs help make it happen.

With a lease, you may pay less cash upfront and enjoy lower monthly payments than you would if you were financing your vehicle. You also have the flexibility of turning the vehicle in at the end of your lease, without having to worry about selling your vehicle at the end of the lease.

Ask Koons Annapolis Toyota in Annapolis MD about leasing through TFS. We offer 24-60 month lease terms on new Toyota vehicles and qualified Toyota Certified Vehicles.

Lease Details

Costs at lease signing. The amount you pay at lease signing may be lower than the amount you pay at the beginning of a finance contract. This amount may include the following:

  • first month's payment
  • acquisition fee
  • refundable security deposit
  • taxes and fees
  • capitalized cost reduction (similar to a down payment)

Mileage limits. The total allowable mileage disclosed on the lease agreement is calculated by dividing the number of months in the term by 12 and multiplying this amount by 15,000 (standard lease) or 12,000 (low mileage lease). For example, a standard lease with a 36 month term is calculated as follows: 36 month term divided by 12 = 3 years; 3 years multiplied by 15,000 miles = 45,000 total allowable miles. If you drive more than 15,000 miles per year, you can customize your allowed miles by purchasing additional miles up front at just .10 cents per mile.

Lease-end charges
. You may have to pay fees or charges associated with the end of your lease, as described in the lease agreement. You will be charged for any excessive wear and use. Toyota does offer additional protection for accidental excessive wear and use. Ask your Lease Manager about your options.

Tax Benefits; if you use your lease vehicle for business, you should consult with your tax advisor regarding potential tax benefits.

Lease End Turn in or Purchase option.
You may return the lease vehicle at lease end and satisfy any remaining obligations as described in your lease contract. A key feature of the return option is that there is no need to sell your vehicle - just return it to a Toyota dealer.  You'll also have the option to purchase your lease vehicle for the pre-determined purchase price at lease-end (AKA residual amount). During the lease you may purchase the vehicle for the pre-determined lease end purchase price plus the remaining depreciation included in your monthly payments.