Learn about your lease
- What's my mileage limit?
- How often do I need to schedule maintenance?
- What happens if I move?
- What's my maturity date?
- What happens if "excess wear and use" occurs?
- What is a disposition fee?
What’s my mileage limit?
Your mileage limit refers to the total mileage allowance for the length of your lease term; your specific mileage can be found in your Lease Agreement.
Whether you have a regular work commute, take a few road trips, or enjoy regular scenic drives, it can be easy to lose track of how fast your mileage is adding up. We recommend that in the early days of your lease, you take a moment to check your Lease Agreement and confirm the total number of miles that you may drive for the length of your lease. It’s important to not exceed the mileage as stated in your lease agreement, because excess mileage would mean additional charges at the end of your lease.
How often do I need to schedule maintenance?
To keep your vehicle in tip-top shape, your lease comes with ToyotaCare, a no cost maintenance plan that covers normal factory scheduled service for 2 years, or 25,000 miles, whichever comes first.
If you’re not sure when you’re due for service, check the recommended maintenance schedule in your Owner's Manual.
What happens if I move?
Remember that as required by your lease, you must let us know if you change your address.
Once you add your vehicle to your online account, it’s easy to make any address changes on the Contact Details page, or you can contact our Customer Care department at 1-888-688-1166 for help with an address change.
Please note that some customers may see that their monthly payment changes after a move, depending on individual state tax requirements.
What’s my maturity date?
A maturity date is also known as your lease end date, when your lease contract terminates. To see how many days you have left to enjoy life in your favorite Toyota, you can find your maturity date on your contract, or on your vehicle dashboard after you log in to your account.
What happens if “excess wear and use” occurs?
Your lease is designed to fit your life, and because of that normal wear and occasional scratches are expected. However, if excessive wear, use and mileage occur, there may be charges. Thanks to our complimentary pre-inspection service, you’ll be able to make well-informed decisions about any desired repairs before your lease-end date.
Learn more about excess wear and use here.
What is a disposition fee?
When your lease ends, this fee helps cover the reconditioning costs necessary to ensure that your former car looks beautiful for the next driver. However, if you choose to lease or finance another car with SETF, this fee may be waived. To learn more about the lease-end process and timeline, click here.