Looking at replacing our old Serena with something new.
We have test driven a Noah and step wagon and liked both.
I was looking to buy originally but after visiting Toyota and hearing about their Kinto service I think leasing is now an option.
The sales guy gave a great pitch on Kinto and it sounded too good to be true. I just brushed the idea off until I got home and read the info on the website properly, would like to know what others think because it seems ok to me.
I’m self employed so I can have the monthly cost as business expense and I fit within the km/month limit.
The monthly cost actually averages out to be cheaper than what I was paying on my used Serena (loan,tax,shaken etc)…
What are your opinions on leasing vs buying?
by clockorangework
4 comments
Leasing will be more expensive in the long run since you won’t have a choice but to return the car. So if you intend to use the car long term then buying is a better option financially.
If it sounds too good to be true, then it is. The sales people try to sell leases because it’s better for the dealer, not the customer.
I personally prefer owning my car, but I did have a Yaris via Kinto. I needed a car for only a year, and Kinto was the cheapest short term option (It was either that or drive a 20 year old shitbox kei rental).
It’s very convenient since everything from taxes, maintenance, insurance and even tires are covered.
Kinto can be an option for people who are looking to just have a car for less than 3 years, or for people who just want someone to take care of everything for them.
It can also be an option for those with an extremely low ”grade” (等級) for their insurance. Since Kinto’s insurance doesn’t use that system.
The salesperson is always going to try to sell the thing that makes them the most money.
There are times to lease, but it’s a short term play rather than a long term one.
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