TOYOTA
LEASE-END
GUIDE
TOYOTA
LEASE-END
GUIDE
YOUR LEASE IS
SET TO EXPIRE,
BUT OUR
COMMITMENT
TO YOU
DOES NOT.
A
s you head into the final 90 days of your lease, there are steps to
take and decisions to make. Rest assured, Toyota Financial Services
(TFS) is here to help guide you through the process.
We value your business and look forward to supporting your future vehicle
finance and mobility needs.
As a loyal return guest to TFS we will automatically waive your Disposition
Fee if you replace your vehicle within 30 days1 of your return, or you’ve
1
utomatic waiver applies if you replace your vehicle
A had three or more finance contracts with TFS or Lexus Financial Services.
within 30 days through a participating dealer and We appreciate your business!
TFS. Credit approval required. Not all customers will
qualify. If you replace your vehicle within 90 days,
please contact us at (800) 286-0652 to have the
waiver manually processed.
TOYOTA
FINANCIAL
SERVICES
1
OPTION TURN IN YOUR VEHICLE AND PURCHASE OR LEASE
A NEW TOYOTA2
Get a newer model of what you’re already driving, or try
a completely different Toyota — it’s up to you.
• Explore new models online at toyota.com
• Schedule a test drive at your local dealership
• Plan to have Disposition Fee waived as a returning guest RESEARCH
OPTIONS
2
OPTION RETURN YOUR CURRENT TOYOTA
PARTNER WITH YOUR
Not interested in another Toyota? Simply bring your vehicle back DEALER TO DECIDE
to your dealer by lease-end and: WHAT WORKS FOR YOU
• Ensure all contracted payments and miscellaneous
fees, including the Disposition Fee, are paid to
Toyota Financial Services
• Review the Excess Wear and Use Guidelines and
make necessary repairs
3
OPTION PURCHASE YOUR CURRENT TOYOTA
2.
Leasing a new Toyota or financing
Get a payoff quote by logging into your TFS online account
the purchase of your current Toyota are
or contacting TFS at (800) 286-0652. If you need financing, on approved credit through your
you can head straight to your dealer for help. dealer and Toyota Financial Services.
Not all applicants will qualify.
Additional options are available.
See your Toyota dealer for details.
TOYOTA SCHEDULE A COMPLIMENTARY VEHICLE INSPECTION
In preparation for lease-end, we recommend you take advantage of
LEASE-END an optional inspection.3 If you have not yet scheduled an inspection,
GUIDE
call (855) 40-MY-TFS to speak to an AutoVIN specialist or visit
TFSLeaseEnd.com to link to AutoVIN and schedule an appointment
online. An inspection is:
CONVENIENT
• Inspectors can meet you at your home, work, dealer, or other
preferred location
INFORMATIVE
• Knowing the condition of your vehicle before the end of your lease
GET AN allows you to make well-informed decisions
INSPECTION • Discussing vehicle condition with your dealer may be beneficial
KNOW YOUR in helping make your lease-end decision
VEHICLE’S CONDITION
THOROUGH
• Detailed condition reports, itemizing any excess wear and use,
are available shortly after inspection
REVIEW WEAR AND USE GUIDELINES
3.
xcess wear and use charges may be based
E
solely on the optional inspection prior to maturity. Should you elect to return your Toyota, you may be charged if there
Should you not take advantage of such inspection, is damage exceeding normal wear and use.4 To better understand what
one will be ordered upon return of the vehicle.
is considered excessive, review our Wear and Use Guidelines at
If repairs are made to your vehicle before turn-in,
you or the dealer may request an inspection TFSLeaseEnd.com.
upon turn-in.
4.
Under certain circumstances, Toyota Financial
Services does not charge its lease customers for
excess wear and use damage. All charges may be
subject to sales tax.
RETURN YOUR CURRENT TOYOTA
• Schedule your complimentary inspection appointment to take place
TOYOTA
15 to 60 days before you return your vehicle. To schedule an inspection FINANCIAL
SERVICES
call AutoVIN at (855) 40-MY-TFS
• Discuss any repairs with your dealer to determine how they can help
• Visit toyotafinancial.com to ensure all contracted payments and
miscellaneous fees, including the Disposition Fee, are paid to TFS and cancel
reoccurring payments
• Schedule an appointment with your originating dealership to return your lease
• Bring all sets of keys and original equipment
• Sign an Odometer Statement with your dealer
• Contact your local DMV to find out if your state requires license
plates to be returned at lease-end
GO
FINALIZE
LEASE A NEW TOYOTA CARRY OUT
• Follow the steps to return your current Toyota YOUR NEXT STEPS
• Pick out your new Toyota
• Your Disposition Fee will be waived for being a loyal guest
PURCHASE YOUR CURRENT TOYOTA
Finance Your Toyota:
• Contact your originating dealer and arrange for financing through Some states require that you purchase
5.
your lease vehicle through your dealer.
the dealer and Toyota Financial Services Please contact TFS at (800) 286-0652
for more information.
Purchase Your Toyota Outright:
Note: Options are available on
• Visit toyotafinancial.com for account information approved credit through your dealer and
Toyota Financial Services for qualified
• Call us at (800) 286-0652 to obtain current payoff amount, mailing
applicants. Additional options are available.
address, and necessary sale documents See your Toyota dealer for details.
• Mail payment and necessary documentation5
TOYOTA
LEASE-END
GUIDE
If you’re not sure if you need an inspection, take a look at some of
the items that may be considered excessive wear and use:
PAINT AND BODY
• A single dent greater than the size of a credit card
• Previous repairs performed poorly or unrepaired collision damage
• Any holes in exterior panels (bumpers, door panels, etc.)
EXCESSIVE TIRES, WHEELS, AND WHEEL COVERS
WEAR AND USE • Tires with exposed cords or sidewall damage
EXAMPLES 6
• Tires or wheels that do not meet manufacturer’s guidelines for
safe operation
• Missing or damaged wheel covers
• Wheel gouges, scratches, dents, or cracks greater than the size
of a credit card
GLASS AND LIGHTS
This is intended as general guidance only. State
6.
law and the terms of your lease may vary your • Windshield cracks, stars, or bullseye
rights and obligations regarding excess wear
• Damaged, broken, or poorly installed glass
and use and mileage. Please refer to your lease
agreement for a description of your rights and • Bent, broken or missing lights, turn signals, mirrors, or lamps
obligations upon termination of your lease.
Toyota Financial Services may change its wear
and use standards at any time, consistent with
the terms of your lease agreement.
TOYOTA
FINANCIAL
SERVICES
SEAT AND TRIM
• A single cut, tear, burn, or stain greater than the size of a credit card
EQUIPMENT, PARTS, AND ACCESSORIES
• Missing keys/remotes
• Missing parts or accessories (shifter knobs, head rests, tonneau/cargo
cover, etc.)
• Inoperative, malfunctioning, or broken parts or equipment WE’RE HERE
• Any modifications not on the vehicle at lease inception
TO MAKE
LEASE-END
SIMPLE
OPEN THE CAMERA ON YOUR SMARTPHONE
AND SCAN THE QR CODE TO DOWNLOAD
THE EXCESS WEAR AND USE GUIDELINES
ONTO YOUR MOBILE DEVICE.
We appreciate your business and we are committed to making
toyotafinancial.com your lease-end a simple process. That’s why we created checklists
and guidelines to help walk you through each step of the way.
©2020 Toyota Financial Services. All Rights Reserved. Toyota Financial Services is a service mark of Toyota Motor Credit Corporation (TMCC).
TMCC is the authorized attorney-in-fact and servicer for Toyota Lease Trust. 06004 · 20-130200 (02/20)