Buy vs Lease near Cleveland, OH

Once you find the perfect Toyota for you and your family, you have to determine whether you would like to buy or lease said model. Neither option is better than the other, and they both boast plenty of benefits to take your driving experience to the next level. That is why we at Summit Toyota of Akron are here to let you know about both options so you can make a decision that positively impacts your finances. To learn more, swing by our Finance Department today!

Buying

Chances are that either you or someone you know have bought their vehicle for its full sticker price. Otherwise known as financing, taking this path allows you to achieve ownership by splitting up the full cost into manageable monthly contributions that you make over an extended period of time. Then, when you are ready to upgrade, you can use the model that you paid for as a trade in, or simply pass it down to your teen when they begin driving. The choice is totally up to you! If this sounds like path for you, go ahead and get the process started by mulling over the numbers through the Payment Calculator. This way, you can find out your interest rate and potential monthly payments. After that is taken care of, fill out our Finance Application to get some paperwork out of the way ahead of time.

Leasing

On the opposite side of the spectrum is the ability to lease the Toyota that you are keen on. This avenue is garnering more and more attention from drivers because of the leaps and bounds that are made in the auto industry each year. Since you will basically be borrowing your prospective set of wheels from us for a period of two to four years, you will have the ability to upgrade to these newer driving options the moment that your term is complete. And, you won’t have to pay nearly as much compared to the aforementioned route because you will only have to foot the bill for the vehicle’s depreciation. If you don’t feel like upgrading when your contract is finished, you can always hand in the keys and explore other options or purchase the ride for its remaining value if you have fallen in love.

Inventory

No matter which path you choose, you will still have a fantastic inventory to choose from when you shop with us at Summit Toyota of Akron. You can even get the ball rolling today when you head to the top of your screen and double-click the Inventory dropdown. After that is complete, you will promptly be sent to a screen that plays host to every model that is currently in stock. To help narrow your showing to a refined listing that pertains to your needs, simply toggle the filters on the left-hand side of your screen. Then, you can confirm the vehicle’s availability and give us a call at 234-312-0405 to schedule a test spin!

We hope we have filled you in with all of the details of whether to buy vs lease near Cleveland, OH. Come down to Summit Toyota of Akron today at 1535 Vernon Odom Boulevard in Akron, OH!


Contact Information


Buy vs Lease near Cleveland, OH

Take Home a Toyota Today!

Sales Hours

234-312-0405

Dealership Information

Testimonials

"Summit Toyota of Akron really went above and beyond for..."

Adrian A.
DEALERRATER
8-10-2020
Full Star Full Star Full Star Full Star Full Star

Summit Toyota of Akron really went above and beyond for me. I was returning to the US from a couple years abroad and had reached out to several dealers in the area prior to my return. Summit Toyota were the only ones willing to work with me to get the car I wanted prior to my return. Frank Lawson really helped me out by searching for the car I wanted with all of the options I desired, and for the accessories that weren't already with the car Dan Schrier worked with the parts department to get them added. Dan also worked with me to get my vehicle setup upon delivery, and made sure the cars was looking it's best when I got it. I just wanted to thank Summit Toyota for all the help and should I buy another Toyota in the future I'll certainly reach out to them first.

Re: Great Service

KRISH
CARS
8-7-2020
Full Star Full Star Full Star Full Star Full Star

So, this time around we were buying a new 2020 Camry from Summit. Last year, we bought a 2018 Camry with low miles. Both times, the people at Summit were very courteous and handled the sale with professionalism. Had a great experience interacting with their team. Was looking for a particular build of the Camry, and they worked with us to find the car we needed. Would definitely buy a car again at Summit. Oh, and btw after the Toyota Care complimentary maintenance runs out, Summit will provide an extension of that through the dealership. Only Toyota dealership that we know of that does that. Win-win!!

Christian Alexander
Christian Alexander
GOOGLE
8-6-2020
Full Star Full Star Full Star Full Star Full Star

Great experience buying two cars here. The salesmen allow you to direct the conversation, they don't try to convince you to get a car you don't want. They make things go as quickly as possible once they can tell you have your mind set. They come across as very honest, respectable people, and they try to get you the best deal they can.

"Johnny made my first car buying experience a breeze...."

sg-first time buyer
DEALERRATER
8-5-2020
Full Star Full Star Full Star Full Star Full Star

Johnny made my first car buying experience a breeze. Friendly, professional, relatable and willing to explain the details. Overall highly recommend Summit Toyota! A beautiful car at a great price with even better customer service.

Johnny made my first car buying experience a breeze....

sg-first time buyer
CARS
8-4-2020
Full Star Full Star Full Star Full Star Full Star

Johnny made my first car buying experience a breeze. Friendly, professional, relatable and willing to explain the details. Overall highly recommend Summit Toyota! A beautiful car at a great price with even better customer service.

Kyle Keller
Kyle Keller
GOOGLE
8-3-2020
Full Star Full Star Full Star Full Star Full Star
Royale Brown
Royale Brown
GOOGLE
7-31-2020
Full Star Full Star Full Star Full Star Full Star
Kalen Lucas
Kalen Lucas
GOOGLE
7-30-2020
Full Star Full Star Full Star Full Star Full Star

Lucia Thomas was very nice and super professional and answered all the questions that I had. Love the service at Summit Toyota!

Stephanie Blanchard
Stephanie Blanchard
GOOGLE
7-30-2020
Full Star Full Star Full Star Full Star Full Star

"Worked with us and took care of our issues"

Elisesmom922
DEALERRATER
7-28-2020
Full Star Full Star Full Star Full Star Full Star

Over all, very pleased with Summit Toyota. We bought a pre-order GMC from them. When it had issues right off the floor, they were quick to fix it and have us a loaner. Though it took a bit longer to be fixed, everyone was nice and professional. Would go thru them again.

Worked with us and took care of our issues

Elisesmom922
CARS
7-28-2020
Full Star Full Star Full Star Full Star Empty Star

Over all, very pleased with Summit Toyota. We bought a pre-order GMC from them. When it had issues right off the floor, they were quick to fix it and have us a loaner. Though it took a bit longer to be fixed, everyone was nice and professional. Would go thru them again.

Very professional, John was super friendly,...

tiarajefferson97
CARS
7-25-2020
Full Star Full Star Full Star Full Star Full Star

Very professional, John was super friendly, understanding, helpful! Made the whole experience great! I got a used 2014 Chevy Cruze. I Definitely recommend this place!!

"Very professional, John was super friendly,..."

tiarajefferson97
DEALERRATER
7-25-2020
Full Star Full Star Full Star Full Star Full Star

Very professional, John was super friendly, understanding, helpful! Made the whole experience great! I got a used 2014 Chevy Cruze. I Definitely recommend this place!!

Sean Chapman
Sean Chapman
GOOGLE
7-23-2020
Full Star Full Star Full Star Full Star Full Star
Scott Diosy
Scott Diosy
GOOGLE
7-23-2020
Full Star Full Star Full Star Full Star Full Star

Excellent experience! Found what I wanted and good people to deal with. Highly recommended.

Steve Dunn
Steve Dunn
GOOGLE
7-19-2020
Full Star Full Star Full Star Full Star Full Star

I recently purchased a Toyota truck from John Heslep at Summit Toyota, and had a fantastic experience. Both he, and Ian in Finance made the process very smooth and without any gimmicks or pressure. I highly recommend the Summit Toyota team!

Good listener, patient, willing to explore other ideas...

LKK
CARS
7-8-2020
Full Star Full Star Full Star Full Star Full Star

Good listener, patient, willing to explore other ideas than the original. He helped me find the exact car I wanted, for a great price, at the very last minute. Thanks, John!

Awesome People! All the way around. They assisted me like...

Michael
CARS
7-7-2020
Full Star Full Star Full Star Full Star Full Star

Awesome People! All the way around. They assisted me like no other car dealership never has. Thank you So much for all of your help!

"Awesome People! All the way around. They assisted me like..."

Michael
DEALERRATER
7-7-2020
Full Star Full Star Full Star Full Star Full Star

Awesome People! All the way around. They assisted me like no other car dealership never has. Thank you So much for all of your help!

Phillip Collier
Phillip Collier
GOOGLE
7-3-2020
Full Star Full Star Full Star Full Star Full Star

Great experience getting my truck, Dan the salesman was awesome

"Dan was very helpful to get me the car I wanted I loved..."

dnfrease
DEALERRATER
7-3-2020
Full Star Full Star Full Star Full Star Full Star

Dan was very helpful to get me the car I wanted I loved the warranty they offer who doesn't love lifetime I'll be back

Dan was very helpful to get me the car I wanted I loved...

dnfrease
CARS
7-3-2020
Full Star Full Star Full Star Full Star Full Star

Dan was very helpful to get me the car I wanted I loved the warranty they offer who doesn't love lifetime I'll be back

James White
James White
GOOGLE
6-26-2020
Full Star Full Star Full Star Full Star Full Star

I bought my truck from here last October and the process for buying a vehicle was easy and straight forward. Every time I take it in for service, everyone is always friendly.

"Dealership was very clean and very helpful. Not pushy and..."

Phillip
DEALERRATER
6-26-2020
Full Star Full Star Full Star Full Star Full Star

Dealership was very clean and very helpful. Not pushy and answered all my questions and met all my needs. DAN and Andrew were super and made it very easy. Was very comfortable talking with me about options I had, and were making jokes by the end of our deal. Throughly enjoyed the whole process.

Dealership was very clean and very helpful. Not pushy and...

Phillip
CARS
6-26-2020
Full Star Full Star Full Star Full Star Full Star

Dealership was very clean and very helpful. Not pushy and answered all my questions and met all my needs. DAN and Andrew were super and made it very easy. Was very comfortable talking with me about options I had, and were making jokes by the end of our deal. Throughly enjoyed the whole process.

Mike Schultheis
Mike Schultheis
GOOGLE
6-25-2020
Full Star Full Star Full Star Full Star Full Star

As a marketing partner of Summit Toyota, I can tell you the management and sales team are customer focused. They do a great job with their home delivers, especially in the current environment. Customers first is they way TJ's team operates.

Emma Harmon
Emma Harmon
GOOGLE
6-23-2020
Full Star Full Star Full Star Full Star Full Star

I just bought a certified 2017 corolla here and it was a fantastic experience. I truly believe I am walking away with a great deal and had a more than pleasant experience. If you plan on shopping here ask for Ian! He was great to work with and truly found me a stellar deal. It’s a great place with great people!

Customer 1
Customer 1
GOOGLE
6-23-2020
Full Star Full Star Full Star Full Star Full Star

Let me walk you through my purchase at Summit Toyota. I went to look at a variety of Toyota vehicles because my current Toyota lease was coming up within the next year and owning a Toyota is probably the only thing better than sliced bread. I was not planning on purchasing one of these vehicles this day, but instead merely wanted to feast my eyes on my options. I knew when the right deal came along, I would not have much time to go to the dealership and snag my new ride (let's be fair, it's a Toyota and none of them will sit long on a decent deal). Summit Toyota was the only option after a bad experience at another dealership. When I arrived at the dealership one morning, IAN (the salesman) greeted me and we test drove a Tacoma off road. This was the only Tacoma on the entire lot and I was certain it would be sold any day now. After a no-pressure but thorough test drive, I knew I had to purchase this vehicle before I left. IAN (the salesman) took me on a routine test drive route allowing me to test the ability of the vehicle in a safe manner and explaining to me each and every feature the vehicle had. He answered every single ridiculous question I had. IAN (the salesman) is truly a Toyota expert and put my knowledge of Toyota vehicles to the test. I test drove exactly zero additional mileage guzzling beasts of Toyota vehicles. IAN (the salesman) told me he would get me a quote on the Tacoma right away and it would include getting me out of my current Toyota vehicle and into this new incredible truck. The quote came back well under what I anticipated due to IAN (the salesman) and Bill (the sales manager) hard work. Needless to say, I purchase the truck on the spot and drove home a couple hours later. Why did it take so long you ask? Easy answer.. there was a line of people in front of me to go through finance as they were purchasing their new Toyota machines that will likely outlive all of us on inconceivable deals. While I was waiting my turn, IAN (the salesman) kept me entertained and we had great conversations about Toyota vehicles. IAN (the salesman) is the greatest salesman I have ever dealt with and I cannot recommend him any more to anyone. I grabbed almost all his business cards and have been distributing them to anyone that mentions a new car to me. Summit Toyota made my purchase a great experience and I would return in a heartbeat, although we all know I won't have to (I drive a Toyota).

Marion Halligan
Marion Halligan
GOOGLE
6-21-2020
Full Star Full Star Full Star Full Star Full Star

Wonderful experience. Everyone was very professional and personable. I enjoyed my buying experience. I love my vehicle.

"Thank you for everything. John and everyone at summit..."

Matt322018
DEALERRATER
6-21-2020
Full Star Full Star Full Star Full Star Full Star

Thank you for everything. John and everyone at summit toyota are excellent I highly recommend stoping and seeing them if you are looking for a vehicle.

"John, Thank you, again for working with me and getting..."

Sws
DEALERRATER
6-21-2020
Full Star Full Star Full Star Full Star Full Star

John, Thank you, again for working with me and getting exactly what I wanted. The process was smooth and quick and you got me in my first, ever brand new car!

Jeff Bohaychyk
Jeff Bohaychyk
GOOGLE
6-20-2020
Full Star Full Star Full Star Full Star Full Star

Great experience, very nice sales team

Thank you for everything. John and everyone at summit...

Matt322018
CARS
6-20-2020
Full Star Full Star Full Star Full Star Full Star

Thank you for everything. John and everyone at summit toyota are excellent I highly recommend stoping and seeing them if you are looking for a vehicle.

"Really you are the best. You ar professional. I give you..."

Ala Aldin Aldammad
DEALERRATER
6-17-2020
Full Star Full Star Full Star Full Star Full Star

Really you are the best. You ar professional. I give you five stars I will tell my friends to contact with you Because you have the best cars

John, Thank you, again for working with me and getting...

Sws
CARS
6-17-2020
Full Star Full Star Full Star Full Star Full Star

John, Thank you, again for working with me and getting exactly what I wanted. The process was smooth and quick and you got me in my first, ever brand new car!

Really you are the best. You ar professional. I give you...

Ala Aldin Aldammad
CARS
6-17-2020
Full Star Full Star Full Star Full Star Full Star

Really you are the best. You ar professional. I give you five stars I will tell my friends to contact with you Because you have the best cars

Kia Xiong
Kia Xiong
GOOGLE
6-16-2020
Full Star Full Star Full Star Full Star Full Star

Dan is great, no problems, smooth the whole way, dans...

Jeff.bohychyk
CARS
6-12-2020
Full Star Full Star Full Star Full Star Full Star

Dan is great, no problems, smooth the whole way, dans your man. Everyone there is very friendly and helpful, if they don't have what you are looking for, they will get it if possible.

"Dan is great, no problems, smooth the whole way, dans..."

Jeff.bohychyk
DEALERRATER
6-12-2020
Full Star Full Star Full Star Full Star Full Star

Dan is great, no problems, smooth the whole way, dans your man. Everyone there is very friendly and helpful, if they don't have what you are looking for, they will get it if possible.

Teresa Roush
Teresa Roush
GOOGLE
6-12-2020
Full Star Full Star Full Star Full Star Full Star
Haily Hoffmann
Haily Hoffmann
GOOGLE
6-11-2020
Full Star Full Star Full Star Full Star Full Star

the whole staff was so patient and understanding and helpful. Bob especially was an absolute delight. His trainee Megan was so friendly and helpful

Patricia Miller
Patricia Miller
GOOGLE
6-9-2020
Full Star Full Star Full Star Full Star Full Star

"I enjoyed working with John for my recent purchase from..."

Happy customer
DEALERRATER
6-8-2020
Full Star Full Star Full Star Full Star Full Star

I enjoyed working with John for my recent purchase from Summit Toyota. He was personable, patient, honest, and overall very pleasant to work with. We were in and out of the dealership pretty quickly and felt good about our purchase. Thank you John!

Beau Sloan
Beau Sloan
GOOGLE
6-7-2020
Full Star Full Star Full Star Full Star Full Star
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