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Financing - Leasing at Conicelli Toyota of Springfield

Welcome to Conicelli Toyota of Springfield's Finance Department.

Financing Your New Toyota

We're prepared to assist you with financing for your new vehicle, or to help with used vehicle financing. Check out our online car loan calculator to estimate an instant car loan rate. Then, Click Here to complete your online finance application.
 

Problem Credit?


All types of credit, from good to bad, can qualify for an auto loan. Conicelli Toyota of Springfield is committed to finding you the perfect financing arrangement to suit your needs.

Low Interest Rates and Lease Offers



We've highlighted some current special offers on our Finance Special page. Or call our Internet hotline  to speak with a representative.

Financing Navigation

Contact Information

Conicelli Toyota of Springfield

860 Baltimore Pike

Springfield, PA 19064
sales Sales:
877-705-4538
phone2 Service:
610 690-6000
phone3 Parts:
610 690-6000

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Tip!

Loan payments contribute to the eventual ownership of a vehicle, while lease payments apply only to the short-term use of a car.

Tip!

Owning a lease vehicle is possible if purchased outright after the lease period ends.

A typical lease period runs between 24 and 48 months.

Tip!

Three important factors - adjusted capitalized cost, residual value and the money factor - determine the monthly rate of a lease.

Tip!

Closed-end leases set a fixed residual buy price at the beginning of the term, while open-end deals base the final buy price on a vehicle's actual market value at the end of a lease.

Tip!

Pay more money down initially to reduce monthly loan payments. Otherwise, a typical down payment ranges between 10 to 20 percent of the total cost.

Tip!

Many used vehicles require down payments of at least 20 percent and include interest rates between 9 to 10 percent.

Tip!

Lease agreements usually limit mileage from 12,000 to 15,000 miles annually. Beyond these figures, fees in the range of $0.10 to $0.25 per mile begin to accumulate.

If you plan on customizing your vehicle, you need to finance with a loan. Leased vehicles must be returned under factory specification.

When planning your finances, consider the tax advantages of trading in your current vehicle. You can estimate current market values with Kelley Blue Book's online evaluating tool: