Type of lease where you can buy the car if you wish to, or you can return it with no obligations.
A type of lease in which the lessee is not responsible for the value of the vehicle at the end of the lease. The lessee is liable for excess mileage and excessive wear and use. This is also called a guaranteed trade-in, net lease, or walk-away lease. This is the only type of lease Toyota Financial Services (TFS) utilizes.
The most popular form of automobile lease, often called a "walk away lease" because at the end of its term the lessee simply turns in the car, assuming the present mileage limit has not been exceeded and the car hasn't been abused.