Toyota Vehicle Exchange Program with a Leased Car?

S

Stephen C

New member
If this does not say for your leased car, it probably is not for a lease, but it could be like GM which has a lease pull ahead program. Here they forgive a few months in order to get you in another car for 3 or 4 more years. Keep what you have unless your going to save 50 dollars a month. You will get a better deal from Toyota next month. When you turn in a lease early you lose whatever sales tax you paid for those months (probably about 150 dollars) then you get to pay sales tax again, and the lease origination. If the payments are lower, I bet the term is longer.
 
I just received in the mail a Toyota 2010 Vehicle Exchange Program postcard. Basically it says that I am pre-approved to exchange my 2007 Yaris for a new 2010 model. And that it would likely lower my monthly payments. My question is does this work for a leased car? I lease my car now and would really like to not pay as much as I do now. I don't have any additional money saved up so any extra money would be great!
 
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