Toyota Finance Center in Streamwood, IL

Elgin ToyotaĀ takes the stress out of auto financing. From advice on whether to buy or lease to finding the best rates available, our finance team will work with you every step of the way to craft finance terms that work for your lifestyle and budget.

We Make it Easy!

Competitive Rates

No Hassle Credit Checks

Flexible Payments

Should You Lease Your New Elgin Toyota Vehicle?

Leasing is a great choice for shoppers who like to drive a new vehicle and want to keep their payments low. Once your lease term is up, you can trade up for a newer model, buy it outright, or simply return it and walk away when the lease it over.

Benefits of Financing

Customers who intend to hold onto their vehicle for a while should consider a loan. Our flexible financing plans can get you into a new or used vehicle with terms that will reduce your overall costs while you build equity in your vehicle.

Flexible Credit Options

Elgin Toyota can help you get into the new or used vehicle you deserve. With monthly specials, factory offers, and competitive rates, we go the extra mile to give you the options that work for your lifestyle.

Frequently Asked Questions

This important choice comes down to your monthly budget and how you expect to use your vehicle. Leasing typically comes with a lower monthly payment than a traditional loan, but there are restrictions on mileage and customization. On the other hand, a loan may be associated with a higher payment but you will be building equity and will spend less over the life of the vehicle.
We will work with you to craft the deal that works for your budget. Most loan terms will fall between 48-72 months, with longer financing terms resulting in lower payments.
We’ve worked with countless customers with all kinds of credit to help them discover their financing options.
In most cases, we can offer financing with no down payment. We can also roll taxes, registration, and fees into the financing deal if that works best for you.
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Elgin Toyota Finance Center

If you're shopping for a new car for your commute or your South Elgin job site, then you're probably wondering how car financing in Elgin works. Whether you're buying a new or used Toyota, our team of professionals are here to walk you through the financing process so you get the best deal for your budget. To help you begin, we offer a suite of online tools so you can plan your monthly payments and apply for financing from the comfort of your home. Learn more about car financing in Elgin and our financing tools below, then contact us when you're ready to find the perfect Toyota for you!

Online Finance Tools

When you search for car financing in South Elgin, you're looking for a reliable car at a driver-friendly price. At Elgin Toyota we work with multiple lenders in the Streamwood area to find you the best deal for your new vehicle purchase, and we also give you the tools you need to plan your budget and find the right financing plan for you. Read about our online tools below to see how they can help you with your next car purchase:

  • Apply For Financing: Starting the car buying process from your Bartlett living room! Fill out our online credit form and one of our finance professionals will review it and contact you with an offer.

  • Value Your Trade-In: Find the value of your current vehicle with our handy calculator. You can then decide if you want to trade it in and put that money towards your down payment.Ā 

  • Payment Calculator: Plan your budget in advance with our online payment calculator. Enter the new vehicle's price, the interest rate, loan term, down payment, and your trade-in value to see how much your monthly payment will be.

  • Car Buying Tips:Ā  Learn all about the car buying process from the experts at Elgin Toyota! Whether you're buying your first car or your 3rd, brushing up on the differences between leasing vs financing, warranty coverage, and the benefits of GAP insurance will help you when it comes time to buy your new car.Ā 

Get Your Next Car at Elgin Toyota!

At Elgin Toyota, we want to be more than just the dealership where you come to buy a new Toyota. After you apply for car financing in Elgin and take your car home, you can count on us to be there for you year after year with our service team. We'll help you maintain your vehicle so it drives as well as it did the day you took it off the lot. Feel free to contact us if you have any questions about our financing plans or any of our car lease deals. We look forward to helping you find the car that's perfect for your lifestyle and your budget.

Apply for Financing Car Buying Tips

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Your privacy is important to us.

Elgin Toyota Scion takes your privacy seriously and does not rent or sell your personal information to third parties without your consent. Read our privacy policy.

  1. Elgin Toyota

    1600 W. Lake St.
    Streamwood, IL 60107

    • Sales: 847-741-2100
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Get in Touch

  • Contact our Sales Department at: 847-741-2100
  • Monday9:00 AM - 9:00 PM
  • Tuesday9:00 AM - 9:00 PM
  • Wednesday9:00 AM - 9:00 PM
  • Thursday9:00 AM - 9:00 PM
  • Friday9:00 AM - 9:00 PM
  • Saturday9:00 AM - 6:00 PM
  • SundayClosed