Buy vs Lease in Dundee, MI

Buy vs Lease in Dundee, MI

If you’re in the process of choosing a new vehicle, it can be confusing deciding whether to buy or lease. Here at Wolverine Toyota, we want to make your different options crystal clear so that you can make the best decision for you and your family. Below, you’ll learn the benefits of each option. If you have additional questions, feel free to swing by our location.

Buying

The traditional route of buying a vehicle definitely has its advantages. For example, when buying, you can choose whether you want to buy a new or a used model. You also get to make the decision whether or not you want to pay for your vehicle in full, or pay for it in installments. If you do pay in installments, there are different factors that will affect the amount you contribute, such as your credit score, your loan term, and more. To calculate your prospective monthly payment, check out our easy-to-use online Payment Calculator! Something to note is that no matter how many miles you travel, your monthly installment will always remain the same. At the end of your payments, you become the new owner of the vehicle and can do with it what you please - keep it, pass it on to someone you know, or sell it!

Leasing

Now let’s explore an increasingly popular trend - leasing. When you choose this route, you are not putting payments towards ownership, but rather borrowing the vehicle and paying a fee towards that. The payments are usually very affordable, solely based on how much the vehicle depreciates during the time you use it! Most lease agreements last about two to three years, which means that when your contracts come to a close every few years, you’ll have access to the newest models, and you won’t have to worry about trading in or selling your car. You’ll also save money on maintenance costs, because most cars you drive will be recent models that will gather very little wear-and-tear over the time you have them. At the end of your leasing terms, you can decide whether to upgrade to a different model, pay the difference towards owning your current model, or just hand in the keys and walk away to pursue something else.

Inventory

Once you’ve figured out whether you’re going to buy or lease, you can begin your search for the perfect vehicle for you. Whether you are looking for a family-sized car, or a truck with extreme towing power, or the perfect SUV for your weekend adventures, Wolverine Toyota has access to a packed inventory of amazing Toyota models. Our newest vehicles can be found under the New Vehicles dropdown at the top of the screen, while our used stock can be accessed on the tab next to it titled Pre-Owned Vehicles. Once you click on our inventory and have hundreds of diverse Toyota models at your fingertips, save time by filtering out models based on body style, year, and even price. If you’re looking for the perfect truck, we recommend the Tacoma. If a new hybrid is your goal, then the Prius is a must!

With this newfound information, we hope that your decision whether to buy vs lease in Dundee, MI, becomes a little easier! Stop by Wolverine Toyota today to speak further about this with any of our friendly team members.

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Dealership Information

Testimonials

Raghav Patel
Raghav Patel
GOOGLE
3-10-2020
Full Star Full Star Full Star Full Star Full Star

I would recommend this place for your vehicle's overall health. These guys are proficient in their work and would give you correct peace of information. You can trust them and can enjoy your ride experience on the road.

Mike
CARGURUS
3-5-2020
Full Star Full Star Full Star Full Star Full Star

Very professional, great customer service.

Wes Tapp
Wes Tapp
GOOGLE
3-5-2020
Full Star Full Star Full Star Full Star Empty Star
Bernard Toby
Bernard Toby
GOOGLE
3-4-2020
Full Star Full Star Full Star Full Star Full Star

Stopped in to look at a used car. While I was there I decided to try the service department. Had my oil changed. What a great, friendly and efficientl staff. I will definitely be back to make a purchase.

Drew Sobota
Drew Sobota
GOOGLE
3-3-2020
Full Star Full Star Full Star Empty Star Empty Star
AC
AC
GOOGLE
3-3-2020
Full Star Full Star Full Star Full Star Full Star

Amazing service and willing to go the extra mile to make the customer happy

Jeff Smith
Jeff Smith
GOOGLE
2-21-2020
Full Star Full Star Full Star Full Star Full Star
Bernie Toby
Bernie Toby
GOOGLE
2-19-2020
Full Star Full Star Full Star Full Star Full Star

You'll never find more honest sales people than at Wolverine Toyota

S Toby
S Toby
GOOGLE
2-19-2020
Full Star Full Star Full Star Full Star Full Star

Everyone is always so friendly

Laura Jackson
Laura Jackson
GOOGLE
2-13-2020
Full Star Full Star Full Star Full Star Full Star

Lawrence Dixon was very knowledgeable about Toyotas products and helped me significantly in my purchasing decisions. Highly recommended.

Renee Senters
Renee Senters
GOOGLE
2-13-2020
Full Star Full Star Full Star Full Star Full Star

What a great person to represent your dealership! Lawrence Dixon was very knowledgeable on all the questions I had on various makes and models , also answered all my questions and concerns about buying and trading in a car financing options etc.So helpful.Will see ya this summer for a purchase for sure . Thanks again.

Robert Gonzalez
Robert Gonzalez
GOOGLE
2-13-2020
Full Star Full Star Full Star Full Star Full Star

Fast work, good work, and good prices.

David Ewing
David Ewing
GOOGLE
2-13-2020
Full Star Full Star Full Star Full Star Full Star

Lawrence Dixon was extremely helpful!

Meranda Straka
Meranda Straka
GOOGLE
2-13-2020
Full Star Full Star Full Star Full Star Full Star

Rudy sold me both of my vehicles I love them. The whole team worked to get me great deals. Thank you!

Kellie Agius
Kellie Agius
GOOGLE
2-12-2020
Full Star Full Star Full Star Full Star Full Star

I have gone on two test drives with salesman Steven Agius. He thoroughly explained all the functions of the RAV4s and suggested various options. I was quite impressed with his product knowledge. Once my current lease is up, I will purchase a vehicle from him without hesitation!

Kelly Brown
Kelly Brown
GOOGLE
2-12-2020
Full Star Full Star Full Star Full Star Full Star

Great dealership. My salesperson Eddie is the best, so are management staff Jennifer & Mike. Bought my Corolla from Eddie, and do my service there. Great atmosphere everyone is friendly and welcoming.

GuruHK16B
CARGURUS
2-5-2020
Full Star Full Star Full Star Full Star Full Star

This dealer responded to my information request within several minutes. I was able to schedule a test drive within the same daym I was assisted by Rudy and Steven who were fantastic in taking me through the entire process. I'm happy to have purchased my 2012 Prius from this location.

GuruN761S
CARGURUS
2-4-2020
Full Star Full Star Full Star Full Star Full Star

I made an appointment with Lawrence at Wolverine Toyota to test drive a vehicle. He was extremely knowledgeable and helpful when going over the car. I told him upfront I was not purchasing a car yet but was trying to figure out which car I will want when I am ready. He remained very helpful and friendly and thanked me for coming in.

Ted J
Ted J
GOOGLE
2-3-2020
Full Star Full Star Full Star Full Star Full Star

Had a very good experience purchasing a used vehicle here. The salesman was Rudy Gonzalez and he was very helpful throughout the whole process. He did not use high pressure sales tactics and arranged to have the car put up on the lift so that I could inspect the underside of the vehicle. He also followed up with with replacing the battery in the key fob and sending it promptly in the mail to us after the purchase. Overall, he was very pleasant to work with and treated us with courtesy and respect. Happy with the purchase.

Richelle Marks
Richelle Marks
GOOGLE
1-28-2020
Full Star Full Star Full Star Full Star Full Star

Amazing sales and customer experience! Lawrence Dixon and Jennifer Taylor worked hard to get me in the perfect car at the perfect price. And they made the closing process clear and seamless. Great experience - Highly recommend!!!

Michelle Trevino
Michelle Trevino
GOOGLE
1-24-2020
Full Star Full Star Full Star Full Star Full Star
Robert Frampton
Robert Frampton
GOOGLE
1-21-2020
Full Star Full Star Full Star Full Star Full Star
John Akschamowitsch
John Akschamowitsch
GOOGLE
1-12-2020
Full Star Full Star Full Star Full Star Full Star

Options provided and questions answered with ZERO pressure from sales team.

GuruKXJ6Z
GuruKXJ6Z
CARGURUS
12-19-2019
Full Star Full Star Full Star Full Star Full Star

Great guys, still working with them!

Ananta S
Ananta S
GOOGLE
12-10-2019
Full Star Full Star Full Star Full Star Full Star

Very professional and helpful staff.

Robert Morgan
Robert Morgan
GOOGLE
12-5-2019
Full Star Full Star Full Star Full Star Full Star

Very comfortable place & very fair prices. Highly recommend for service.

Larry Snyder
Larry Snyder
GOOGLE
11-10-2019
Full Star Full Star Full Star Full Star Empty Star

Everybody that works here is extremely cool, even the parts guy that had to get me a hard to find part for my wife's FJ

Matt porter Porter
Matt porter Porter
GOOGLE
11-8-2019
Full Star Full Star Full Star Full Star Full Star
xinxin Huang
xinxin Huang
GOOGLE
11-2-2019
Full Star Full Star Full Star Full Star Empty Star
Gina Scott
Gina Scott
GOOGLE
11-1-2019
Full Star Full Star Full Star Full Star Full Star

Well started out loving their service but I've been waiting over 3 weeks to get a loaner car because I need a repair and I need it soon I might have to end up taking it somewhere else I'm hoping they come through in the next few days or I'm going to have to go somewhere else but I do like the people there I mean come on got to have more than one or two vehicles I should have had one by now it's been 3 weeks

Kitt 0
Kitt 0
GOOGLE
10-31-2019
Full Star Full Star Full Star Full Star Full Star

Great place. Very kind and polite people. Helped me get exactly what I was looking for.

Barry Sell
Barry Sell
GOOGLE
10-13-2019
Full Star Full Star Full Star Full Star Full Star
Ryan Victor
Ryan Victor
GOOGLE
10-4-2019
Full Star Full Star Full Star Full Star Full Star

Absolutely friendly and knowledge staff. Chris P helped me so much with my first vehicle lease. My father purchased from them and so did I. Would go back there in a heartbeat. Service has some wonderful people and calls you right away if you have questions. Highly recommend going to see them.

Barbara
CARGURUS
10-3-2019
Full Star Full Star Full Star Full Star Full Star

Ray at Wolverine Toyota was great! Very friendly and very responsive

jim morris
jim morris
GOOGLE
9-27-2019
Full Star Full Star Full Star Full Star Full Star

Between Lawrence, the sales person, and Chris along with Sarah, on the service department, All I can say is they are 1 OUTSTANDING team. I'm sold. Nothing but TOYOTA from now on!!!

Pam Tucker
Pam Tucker
GOOGLE
9-24-2019
Full Star Full Star Full Star Full Star Full Star
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