Buy vs Lease near Ann Arbor, MI

Buy vs Lease near Ann Arbor, MI

Once you set your sights on the perfect Toyota driving option, you have to determine what type of contract you would like to participate in. Whether this is your first time buying or leasing or you are a seasoned veteran, we at Wolverine Toyota are here to lay both options in front of you. This way, you can make a decision that positively impacts your future driving needs and financial restrictions. When you are ready to get the ball rolling, head over to our Finance Department to meet with a friendly representative!

Leasing

Let’s get things started by diving into the avenue of automotive acquisition that is gaining more popularity as time passes. Otherwise known as leasing, this option is perfect for the driver that wants to stay consistent with the latest advancements to hit the market. That is because terms generally last between two and four years, and in that time, you will be borrowing the Toyota model from us. Another reason why prospective drivers are gravitating toward this path is because it allows them to secure a low monthly rate that you wouldn’t be able to take advantage of if you were to purchase. That is because you will only have to foot the bill for the model’s depreciation and the miles you drive it for while it is in your care. Then, when your contract ends, you will be able to take advantage of our lease end options. These include upgrading, paying the difference toward ownership, or returning the vehicle and exploring other options.

Buying

On the other end of the spectrum is the opportunity to buy the model you are keen on for its full value. This is perfect for people that want to see a return on their investment because once your term is over, you will have achieved full ownership! Bear in mind, if you want to take the helm of a pre-owned model, you will have to go with buying, as it isn't very common to lease these types of vehicles. The best part about taking this route is that your contract will typically last four to seven years, so you will be able to use it as a trade-in when you are ready to upgrade in no time at all. If you want to get a head start before you walk through our doors, you can use the Payment Calculator to view your purchasing power and possible monthly rate. Then, you can fill out the online Finance Application, so we can have a few loan options ready for you ahead of your arrival.

Inventory

When you are ready, you can start searching through our inventory of vehicles by clicking on the corresponding links at the top of your screen. Since both leasing and buying share our new Toyota models in common, that is where we will begin. To reveal every ride we currently have in stock, just double-click the New Vehicles dropdown and start scrolling around to find a few that pique your interest. We suggest using the filters on the left side of your screen to help speed up the process so you can view exactly what adheres to your stipulations. If you want a vehicle that is perfect for the entire family, we suggest opting for the Toyota Highlander or Sienna. Are you in the market for premier fuel ratings and horsepower? You can’t go wrong with the Corolla or Camry!

Once you decide whether to buy vs lease near Ann Arbor, MI, make your way down to Wolverine Toyota. Our Finance Department looks forward to lending their assistance!


Visit Our Finance Department

Contact Information


Sales Hours

(734) 242-3900
Monday 9:00 am - 8:00 pm
Tuesday 9:00 am - 6:00 pm
Wednesday 9:00 am - 6:00 pm
Thursday 9:00 am - 8:00 pm
Friday 9:00 am - 6:00 pm
Saturday 10:00 am - 4:00 pm
Sunday Closed

Dealership Information

Testimonials

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
Steven Hungerford
Steven Hungerford
GOOGLE
8-30-2019
Full Star Full Star Full Star Full Star Full Star
Daryl Jensen
Daryl Jensen
GOOGLE
8-26-2019
Full Star Full Star Full Star Full Star Full Star

No vending machine or sandwich bar, just great service, free lifetime powertrain warranty, and syntetic oil change discounts.

GuruL843V
CARGURUS
8-22-2019
Full Star Full Star Full Star Full Star Empty Star

Didn't buy from them but they were good at staying in contact with me

Rachel Poore
Rachel Poore
GOOGLE
8-16-2019
Full Star Full Star Full Star Full Star Full Star

Very friendly staff

Kevin Adelman
Kevin Adelman
GOOGLE
8-10-2019
Full Star Full Star Full Star Full Star Full Star

Ask for Jennifer Taylor. She will take care of you. We have only bought one car from her and whenever we are in the store she is always happy to see us. Been thinking about a Tacoma next year and if that ends up being the right car for us, we will definitely buy it from Jennifer.

Julie Neidhardt
Julie Neidhardt
GOOGLE
8-9-2019
Full Star Full Star Full Star Full Star Full Star
Amber Hendrix
Amber Hendrix
GOOGLE
8-8-2019
Full Star Full Star Full Star Full Star Full Star
Jimmy Falbo
Jimmy Falbo
GOOGLE
8-1-2019
Full Star Full Star Full Star Full Star Full Star

Driving back to Florida. Needed wheel bearing work and axel work. Not only did they take us in on the spot but made sure we could be on our way in a quick and timely fashion. Big thanks to Dustin, Sarah and Chris. Knowledgeable, friendly and courteous.👍

graman
graman
GOOGLE
7-21-2019
Full Star Full Star Full Star Full Star Full Star

They fixed my Camry. Reasonable price and done right.

William Anderson
William Anderson
GOOGLE
7-19-2019
Full Star Full Star Full Star Full Star Full Star

Bought a 2016 Camry LE yesterday. Service was great and staff were very friendly. I highly recommend everyone go see Eddie Armstrong as he was excellent in helping me get into my new camry.

Honda Civic
Honda Civic
GOOGLE
7-18-2019
Full Star Full Star Full Star Full Star Full Star

Recently purchased a 2016 toyota camry and I was treated amazingly when buying

Alex Hood
Alex Hood
GOOGLE
7-13-2019
Full Star Full Star Full Star Full Star Full Star

just bought a car from here and I had to leave a review because of how awesome the car is but also the sale rep (Ray Sweet). he was so incredibly kind and honest that I feel like I finally have a place to send my friends without being worried about them being ripped off. I'm so excited about the new ride, thank you!!

Emily Deline
Emily Deline
GOOGLE
7-12-2019
Full Star Full Star Full Star Full Star Full Star

My family and I received exceptional service and were taken great care of. Mr. Rudy Gonzalez really did everything he could and we walked away happy and with a new vehicle! 11/10 would recommend. Thank you!

Dina Vannice
Dina Vannice
GOOGLE
7-10-2019
Full Star Full Star Full Star Full Star Full Star

Absolute bar none excellent customer service! Wolverine Toyota has meet all of our car repair needs through their auto repair service center. Customer Service Manager, Chris M. went above and beyond expectations to address our concerns. Chris managed our car repairs as if they were his own. We are well pleased with this dealership's attentiveness to detail, service work, courtesy and public relations. Sarah was also fabulous to work with. General Manager, Jim Keyton III was helpful in finding a solution that worked for both our family and Wolverine Toyota. Don't take your car anywhere else! "Once you have experienced the best! Forget the rest! " Thank you Wolverine Toyota Staff! We appreciate you! We are definitely life-time customers!!!

Nick Kontor
Nick Kontor
GOOGLE
7-3-2019
Full Star Full Star Full Star Full Star Full Star

Got my 2019 Corolla here service is good

Marcus Dawson
Marcus Dawson
GOOGLE
6-30-2019
Full Star Full Star Full Star Full Star Full Star
Heidi Bergemann
Heidi Bergemann
GOOGLE
6-26-2019
Full Star Full Star Full Star Full Star Full Star

Our salesman was amazing, and every staff member we crossed paths with was very polite and helpful (so important and so often unseen in today's customer service!). The facility was clean and comfortable. We love our new car!

Amy Scavo
Amy Scavo
GOOGLE
6-8-2019
Full Star Full Star Full Star Full Star Full Star

Thanks to Sarah and Mike from the service dep Wolverine Toyota for helping some out of town visitors get back on the road today. Unexpected car problems were fixed despite it being late on a Saturday . Really appreciate your help and great customer service!

matty D
matty D
GOOGLE
6-6-2019
Full Star Full Star Full Star Full Star Full Star

The general manager Jim is such a nice guy 😊

Jeff ttctmmna
Jeff ttctmmna
GOOGLE
6-5-2019
Full Star Full Star Full Star Full Star Full Star

Great customer service. Thanks!

christopher micheaux
christopher micheaux
GOOGLE
6-4-2019
Full Star Full Star Full Star Full Star Full Star
VlogTech Productions
VlogTech Productions
GOOGLE
6-4-2019
Full Star Full Star Full Star Full Star Full Star
Claudiu Badau
Claudiu Badau
GOOGLE
5-18-2019
Full Star Full Star Full Star Full Star Full Star

Purchased a new RAV4 and the experience and customer service was excellent. Eddie handled our purchase with care and was very detailed when it came to the car itself. Jennifer was in charge of our financing and the process couldn't have been easier. Thank you to all the staff and will definitely be back if we ever decide to buy another car.

TOdd Smith
TOdd Smith
GOOGLE
5-14-2019
Full Star Full Star Full Star Full Star Empty Star
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