Leasing RAV4: does it save you time if I apply for financing on Toyota website first?
It seems like the answer would be an obvious yes but you never know I guess. Thank you.
Posted Apr 22, 2020, 2:52 PM UTC
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Fill the application out with the dealer you're buying the car from. When we get the credit applications from the TFS direct site, it's always missing important information so I end up having to call the customer and start over anyway.
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Toyota will just hand off your information to your closest dealer and then that dealer will reach out to you, presumably with the information that you're also looking to lease a RAV4.
If you haven't yet contacted a dealer, yes it does save you time. Generally, if you already have a relationship with a dealer or want to work with a specific dealer, just send a pre-approval application to their website and not Toyota's.
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Do your research and price the competitors. The RAV4 leases terribly. Finance a RAV4 is probably the best step, or less a Tiguan or Cherokee or something and save $50-100/month.
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