Where do I send my insurance information?
When leasing a new vehicle or changing insurance companies, please have your insurance agent provide appropriate evidence of insurance to Toyota Lease Trust, naming it as Loss Payee and Additional Insured.
I typically drive more than 15,000 miles per year. Does that mean I shouldn't lease?
Not at all. Once your lease begins, you cannot change your mileage allowance. However, we have special lease programs that allow you to buy "up-front" mileage less expensively than you would pay at the conclusion of the lease. Plus, the cost of excess mileage is conveniently included in your monthly payment. If you do not use all the miles you purchase, no refund is made. Ask your Toyota dealer for details.
I want to buy a vehicle Service contract. Can I include the cost in my lease payment?
Yes. Your Toyota dealer can give you the details.
What happens if my vehicle is stolen or "totaled" in an accident?
In these cases, your lease may be terminated early. Please contact Customer Service as soon as possible to notify us and discuss the next steps. But rest assured — all Toyota leases include Guaranteed Asset Protection (GAP) to protect you against unnecessary expenses.
If I lease, am I responsible for sales tax and property tax?
In some states, you pay sales tax that is based upon your monthly payments. Other states require you to pay tax on the full value of the vehicle. Property tax treatment varies from state to state as well. Ask your dealer for information about the tax regulations in your state.