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Sunday, January 31, 2010

How To Lease a Scion

Scion is a division of Toyota that uses Toyota Financial Services for leasing. Good to excellent credit is required for lease approval. Scion typically offers a three-year, 36,000-mile lease and a 12,000-miles-per-year allowance, which is equivalent to Scion's bumper-to-bumper warranty. You can lease a Scion for a relatively low monthly payment, as the Scion website states that the vehicles are sold and leased for "Pure Price," or no-hassle pricing, meaning the lowest prices are offered from the start.

Instructions

    1

    Go to Scion.com to see the monthly Scion leasing specials. Click on "Buying and Leasing" from the main Web page to review specials and read the fine print to determine how much money you can expect to put down, the model the lease is advertised for, and the term and mileage allowance.

    2

    Click on the Scion you like to find out more about it. This can help you learn what options and colors are available before you enter a dealership. Click on "Find a Dealer" to see a list of dealers in your area and their contact information.

    3

    Go to a Scion dealer and speak to a sales representative. Ask to test-drive the Scion model you are interested in and mention any options you have chosen from the Scion website. Work with your salesperson to find a Scion you would want to lease.

    4

    Fill out the Toyota Financial Services credit application by providing your name, address, Social Security number, date of birth and employment information. Your application is sent in electronically to Toyota Financial Services, and you should have an approval almost immediately.

    5

    Go over the monthly payments, the money down and the term information before you sign your paperwork. Pick up the Scion that day if the dealer allows, or at a time convenient for both you and the dealer.

    6

    Give your money down to the finance manager who completes your paperwork with you at the time you pick up your car. Sign your Toyota Financial Services leasing contracts and all motor vehicle paperwork, which the Scion dealer will provide. Your Scion salesperson will handle your car insurance for you before you leave in your new car, or within the time frame allowed by your state.

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