When you’re looking at purchasing a vehicle at Panama City Toyota, you want the reassurance that if something happens to it, you’re protected. Buying a vehicle is a major investment, and you want a factory warranty that covers its performance and dependability. Toyota’s factory warranty covers a variety of aspects, but there are certain areas that it doesn’t, so it’s vital to know what’s protected. Use this guide to learn what you can expect out of a Toyota warranty.

Toyota Warranties

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Toyota offers several types of warranties, and it really depends on the vehicle you end up purchasing. However, all coverage begins from the date you purchase the vehicle. If you opt for a brand-new vehicle, you qualify for a new vehicle warranty. If you choose a Toyota vehicle that’s less than six years old and has less than 65,000 miles, it might qualify as a Toyota Certified Used Vehicle (TCUV).

An added benefit of Toyota warranties is that you can transfer them to a new owner at no cost. When purchasing a relatively new Toyota vehicle, you can garner the benefits of warranties without paying the full price of the vehicle. 

Once your Toyota warranty expires, you’re no longer covered for free, so if something happens to your Toyota vehicle, you will have to pay for it. As a result, it’s best to shop for an extended warranty before your factory warranty expires so you have continuous coverage.

New Vehicle Warranty

Once you drive your new Toyota vehicle directly off the lot, you can rest assured that you have warranty coverage through its new car warranty program. Most vehicles include the following coverage amounts and limits:

• 3-year or 36,000-mile new vehicle limited warranty: This bumper-to-bumper basic covers most repairs and adjustments that might arise except for those involving the interior and tires.
• 5-year or 50,000-mile powertrain limited warranty: This covers major components of your vehicle, including the transmission, engine, front-wheel-drive system, rear-wheel-drive system, and transaxle.
• 5-year unlimited-mile corrosion perforation warranty: This covers any perforations that might occur due to rust or corrosion.
• 3-year or 36,000-mile emissions components warranty: Under federal regulations, the Toyota vehicle must meet admissions standards, and this warranty ensures that happens. If the vehicle fails an emissions test, this warranty covers the repairs needed so it will pass.
• 8-year or 80,000-mile emissions performance warranty: Similarly to the emissions components warranty, this warranty ensures that the Toyota vehicle adheres to emissions performance standards.
• 10-year or 150,000-mile hybrid battery warranty: For Toyota hybrid vehicles, this covers the battery, battery control module, inverter with converter, and hybrid control module.

In addition to these numerous warranties and their coverages, Toyota offers two special coverage benefits that many other manufacturers don’t offer:

• 12-month or 12,000-mile wheel alignment and balancing coverage: This coverage falls under the new vehicle limited warranty and covers wheel balancing and alignment.
• 60-month or 60,000-mile restraint systems coverage: This covers faulty seat belts and airbag systems.

TCUV Warranty

If your used Toyota vehicle qualifies as a TCUV, you might receive a unique used Toyota warranty. These vehicles undergo a rigorous 160-point inspection to make sure only the best vehicles receive this certification. This type of warranty includes some of the same coverage found with new car warranties. You might receive the following:

• 12-month or 12,000-mile limited comprehensive warranty. This covers any repair or replacement of components due to a defect in materials or due to workmanship.
• 7-year or 100,000-mile limited powertrain warranty. In addition to coverage for the powertrain and other engine components, this offers meal and lodging reimbursement if you’re more than 150 miles from home. It also offers substitute transportation when your vehicle is undergoing repairs.
• 8-year or 100,000-mile hybrid battery warranty. Hybrid vehicles manufactured before 2020 receive this type of coverage. Toyota increased the hybrid coverage for 2021 models to 10 years or 150,000 miles.
• 8-year or 100,000-mile fuel cell component warranty. This gives you coverage on the power control unit, hybrid battery pack, hybrid control panel, and boost converter. 
• 1 year of roadside assistance. This provides coverage for 24 hours a day and seven days a week, and it includes towing, flat tire replacement, jump starts, and help if you lock yourself out of your vehicle.

What Isn’t Covered

You might look at the list of coverage and think that every component of your Toyota vehicle is covered with the factory warranty. Unfortunately, that isn’t the case as certain aspects aren’t included in the warranty. 

The warranties don’t provide coverage regarding wear and tear, nor do they cover accidental damage or alterations you’ve made to the vehicle. You also don’t have coverage if your vehicle received damage from theft or fire. Also, if you’ve used the fluids improperly, the warranty doesn’t apply.

What Is ToyotaCare?

When you purchase a new Toyota vehicle, you also gain coverage from ToyotaCare. This gives you roadside assistance for two years as well as unlimited miles and maintenance for two years or 25,000 miles. All of these repairs and maintenance adjustments are done by a certified Toyota technician using official Toyota parts. Also, if you file a claim through ToyotaCare, you must visit a Toyota dealership or authorized Toyota repair facility to complete the process. Additional benefits you’ll receive include the following:

• Battery jump-starts.
• Emergency fuel delivery.
• Fluid level inspection and adjustment.
• Lockout protection.
• Maintenance reminders.
• Multi-point inspection.
• Oil change and filter replacement.
• Tire rotations.
• Towing.

Keep in mind that ToyotaCare is only offered for two years or 25,000 miles, and you cannot extend this coverage. After it expires, expect to pay out of pocket the costs associated with oil changes, fluid level adjustments, tire rotations, and inspections.

Some of these Toyota warranties vary depending on the car model, so it’s best to know what type of warranty coverage you qualify for before buying the vehicle. If you’re interested in purchasing a Toyota vehicle and obtaining one of the warranties offered through the manufacturer, contact the professionals at Panama City Toyota. They can answer any questions you might have and help you drive home in one of these vehicles today.

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Buying a used car can save you thousands of dollars versus buying a brand new model. By purchasing a used car, you avoid much of the depreciation that cars inevitably face in the first few years too, which means your investment in your vehicle lasts longer. But there are some crucial questions you need to ask, both yourself and the seller, before purchasing. Here’s a list of those questions you won’t want to forget.

Ask Yourself: What Can I Afford?

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The answer to this question will impact what cars you look at. Knowing what you can afford means more than just a monthly payment. You need to understand any loan terms if you plan on financing. You want a low interest rate, for starters, but that doesn’t necessarily mean less money spent. If the loan has a lower rate but runs two more years than another loan with only a slightly higher rate, you could end up paying more money in the long run. Finding the right balance will be key to your financial well-being.

Ask Yourself: What Do I Need In A Car?

Knowing what you need or want in a car will help you avoid paying for features you don’t need or won’t use. A truck with four-wheel drive costs thousands of dollars more than one with two-wheel drive. If you don’t ever go off-road or don’t live in a wintry wonderland, when will you ever use four-wheel drive? So why pay for it?

A good tip would be to make a list first of those features you need, then add those you want but can live without. This list will help you filter out those vehicles with costly amenities and capabilities that are of no value to you. It will also help you avoid sellers trying to pitch unwanted features.

Ask The Seller: What Is The Vehicle’s Accident History?

Accidents happen, and more often than not, the vehicle gets repaired properly. Sometimes they aren’t fixed properly. That’s why you should run a vehicle history report on any car you’re seriously considering purchasing. Several online companies provide this service which details the accident history of the vehicle based on the VIN. After running the report, you should ask to see any records of repairs to ensure they were done correctly.

If someone doesn’t claim an accident, you won’t find any record on these reports, which could be troublesome. That leads us to the next question.

Ask The Seller: Can I Have My Mechanic Inspect The Car?

First off, any reputable person or dealership will have no problem answering yes to this question. If you get no for an answer, the best advice would be to walk away. If a seller doesn’t want you to have the car inspected, they probably have something to hide. It might be an accident, or it could be more serious mechanical problems that, as a buyer, you want to avoid. 

When you get a yes, take the car to your trusted mechanic and have him inspect the car thoroughly. This inspection can cost around $150, but it’s worth it if it prevents you from buying a lemon. Your mechanic will give you a detailed report on the car’s condition and even an approximate value. If you find no issues, great. 

If you do, these issues aren’t always deal-breakers but opportunities to negotiate. Sellers often choose not to fix minor problems because they have no return on investment. Fixing a door handle will only cost $100, but it doesn’t add resale value to the vehicle. But it does give you a negotiating point, so keep this in mind.

Ask The Seller: How Was The Car Maintained?

Don’t accept an explanation as to how. Ask for proof. Good owners will have all the service records ready for inspection. These records will indicate if the owner maintained the car to factory specifications. A well-maintained vehicle has a far better chance of driving better longer than a poorly maintained car.

Ask The Seller: How Was The Car Driven?

This question addresses mileage and age, which importance has been debated by car owners since the automobile was invented. The age of the vehicle determines its value. So does a car’s mileage. A car depreciates by a fixed amount every year simply because of age. This amount gets adjusted further by the mileage the vehicle was driven against the average of all cars driven. 

The average mileage per year for vehicles falls around 15,000. So, a car that’s five years old and has 75,000 miles will have a value accurate for its age. A car that’s five years old with 95,000 miles will have a lower value than its age would indicate. Conversely, the same-age car with 50,000 miles will have a higher value.

A car driven in constant traffic for long stretches will have more wear and tear than one that motored around town. So, how the vehicle was driven can indicate how much wear and tear it has undergone. Less wear and tear leads to a longer life for your car. Ideally, you want a low mileage vehicle that had an easy life and was well maintained.

Ask The Seller: What’s Broken?

You might not get an honest answer to this question. That’s why you’ll want to take the car to a mechanic, but your mechanic might miss something. You should take the vehicle for a test drive and run the various systems. You want to look at everything, from radio knobs to the carpeting in the trunk. Make a list of the items you find that need fixing and use them either as an excuse to walk away or negotiate a lower price.

At Panama City Toyota, we understand how important finding the right used car can be to you and your family. That’s why all of our used vehicles undergo a multi-point inspection, similar to our Certified Pre-Owned vehicles. You can be confident that a car on our lot has been inspected to ensure safety and reliability. We invite you to browse our inventory online or visit our dealership. One of our friendly, knowledgeable staff will show you vehicles that fit your needs and budget and even let you take your favorites for a test drive.

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If you’ve been looking around at full-size SUVs to buy, you’ve probably come across the 2021 Toyota Highlander and the Honda Pilot. Both vehicles impress in their own way, but with all of their modern advancements and available features, comparing the two can be overwhelming. That’s why our team at Panama City Toyota created this head-to-head guide. We’ve compared trim levels, powertrain, interiors, and technology to help you decide which vehicle fits your needs best.

Available Trims

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The Toyota Highlander comes in six trim levels: the L, LE, XLE, XSE, Limited, and Platinum. Four of these trims feature a hybrid powertrain option. Every model features Toyota’s Smart Key system for keyless entry, which is integrated into the rear liftgate, and push-button start. You also get premium LED projector-beam headlights and daytime running lights on every Highlander model. LED fog lamps come standard on all Highlanders except the L trim.

Lower trims on the Highlander feature 18-inch alloy wheels, while the upper trims roll on 20-inch wheels in either alloy or chrome finish. The Highlander’s exterior features an aggressive front fascia and sculpted sides for an athletic appearance.

The Honda Pilot comes in seven trims: the LX, EX, EX-L, Special Edition, Touring, Elite, and Black Edition. Every Pilot features LED headlights without projector-beam capability and LED taillights. Honda also equips every model except the base LX trim with LED fog lamps. Honda’s smart key system isn’t available on the LX either. 

Lower trims on the Pilot use 18-inch alloy wheels, and though the upper trims switch to 20-inch alloy wheels, no chrome option exists. The exterior design on the Pilot looks ordinary with an un-inspired box-like body type.

When you compare the exterior style and available trims, the Highlander comes out on top. Even though it has one fewer gas-powered trim, it features four hybrid trims and an athletic and attractive styling that looks ready for anything.

Available Powertrain Options

Every Highlander model with a gas powertrain uses the same 3.5-liter V-6 engine with dual overhead cams, 24-valves with variable valve timing with intelligence, and auto start/stop technology. Toyota pairs this engine with its Direct Shift-8AT electronically controlled automatic transmission. This powertrain puts out an impressive 295 horsepower and 263 pound-feet of torque.

Toyota’s hybrid trims come with a 2.5-liter four-cylinder D4S Atkinson-Cycle engine with double overhead cams and 16-valves with variable valve timing with intelligence (VVT-i). It uses three permanent magnet synchronous electric motors: two on the front and one on the rear. This powertrain gets a combined net system of 243 horsepower and 175 pound-feet of torque.

The Pilot uses a 3.5-liter V-6 engine with a single overhead cam and 24 valves. Honda mates this to a nine-speed automatic transmission with shift-by-wire technology. This powertrain puts out 280 horsepower and 262 pound-feet of torque.

You can’t ignore the numbers when comparing the two gas-powered engines. Add in the hybrid as an option, and the nod has to go to the Highlander when you compare the powertrain options.

Interior Comfort And Convenience

The Highlander seats up to eight passengers comfortably. Upper trims come with leather seats with heating and ventilation and a second-row captain’s chairs option. A panoramic moon roof offers spectacular views and fresh air. The XSE trim features signature sport-inspired red leather seats with black trim for a unique look and feel. Cargo volume in the Highlander totals 16.0 cubic feet behind the third row, 48.4 cubic feet behind the second row, and 84.3 cubic feet with the second and third-row seats stored.

Tri-zone climate control keeps all Highlander passengers comfortable. Apple CarPlay and Android Auto capability allow you to sync your smart devices for hands-free operation. A Qi wireless charger in the center console comes standard on every trim, and an 8-inch touch screen runs all your infotainment and navigation systems. Toyota’s available digital rearview mirror streams a wide-angle live view from behind.

On the Pilot, you get available leather seats with heating and ventilation, a second-row captain’s chairs option, and a small moonroof standard with an available upgrade to a larger panoramic moonroof. The Pilot comes with a Qi wireless phone charger as well. An 8-inch touch screen runs the Pilot’s infotainment system, and Apple CarPlay and Android Auto connectivity give you hands-free operation. 

You get a tri-zone climate control standard on the Pilot. Cargo volume in the Pilot measures 16.5 cubic feet behind the third-row seats, and 46.8 cubic feet behind the second row. With all the seats stored, the total cargo area opens up to 83.9 cubic feet.

Both interiors are remarkably similar in standard equipment and available options. Technology, comfort, and cargo volume differences are negligible. When you compare these two vehicles, they grade out even.

Driver-Assist Systems

Toyota equips every Highlander model with Toyota Safety Sense 2.5+, a suite of driver-assist technologies designed to keep you safe. The suite includes a pre-collision system with low-light pedestrian detection that scans the road ahead for possible obstacles. The system sends visual and audio alerts and will automatically brake should you be slow to react. You also get full-speed range dynamic radar cruise control, lane departure alert with steering assist, lane tracing assist, and road sign assist. An available front and rear parking assist with an automatic braking system help you avoid collisions when parking.

Honda includes Honda Sensing, their suite of driver-assist technologies, with every Pilot. This suite contains similar systems to the Highlander’s, such as forward collision warning, emergency braking, lane-keeping assist, and adaptive cruise control. These systems provide visual and audio alerts and can intervene with emergency brake support or steering correction to help mitigate or avoid an accident.

These two vehicles have almost identical driver-assist technologies. The difference comes with the park assist system available on the Highlander, which the Pilot doesn’t offer. Therefore, a slight edge goes to the Highlander when you compare the two.

After a thorough review of both vehicles, you see the Highlander rise above the Pilot. The Highlander has incredible style, more powertrain options, and a more powerful engine. Plus, it has all the comfort and technology you want in a modern SUV. The overall edge goes to the Highlander.

At Panama City Toyota, we have the most expansive selection of Toyota Highlanders on our West 15th Street dealership in Panama City, Florida. We invite you to browse our inventory online or visit us any time. Our friendly, knowledgeable staff will happily show you the best features of the Highlander and let you take one for a test drive. You can contact us today to learn more about the Highlander or to schedule a test drive.

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The 2021 Toyota Tundra is one of the most popular full-size pickup trucks because of its powerful engine, comfortable cabin, and outstanding predicted reliability rating. It’s also a solid workhorse that can help you transport heavy loads on a construction site or during a weekend camping trip, thanks to its excellent towing capability. Check out this comprehensive guide to the towing capacity of the 2021 Toyota Tundra.

2021 Toyota Tundra Overview

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The 2021 Toyota Tundra is available in six trim levels to cater to a wide range of truck buyers: the base SR, SR5, Limited, Platinum, the off-road-ready TRD Pro, and the top-of-the-line 1794 Edition. It also comes in two body styles, which are Double Cab and CrewMax Cab. Additionally, you have three different bed lengths to choose from, including 5 feet 5 inches, 6 feet 5 inches, and 8 feet 1 inch.

Regardless of the trim level, the Toyota Tundra is equipped with a potent 5.7-liter V-8 engine that generates 381 horsepower and 401 pound-feet of torque. Mated to a six-speed automatic transmission, this engine gives the truck a maximum towing capacity of 10,200 pounds. The Tundra delivers a fuel economy rating of 13/17 mpg (city/highway).

Towing Capacity Of The 2021 Toyota Tundra

The towing capacity of the 2021 Toyota Tundra may vary depending on a number of factors, including the trim level, body style, drivetrain, and towing features. The following is a look at the tow ratings of different Tundra trims:

SR And SR5

The SR and SR5 may be the lowest trim levels, but they certainly pack a punch when it comes to towing. In fact, you should choose one of these two trims if you want to get the highest towing capacity out of your Toyota Tundra. These models can pull up to 10,200 pounds in the Double Cab configuration if they’re fitted with rear-wheel drive and the 6-foot-5-inch bed.

It’s important to note that adding certain features may reduce the Tundra’s tow rating. If you don’t need the maximum towing capacity, you may want to opt for a model that has a more comfortable cabin, better feature content, or greater off-road capabilities.

Platinum And 1794 Edition

The Platinum and 1794 Edition come in only one body style, the CrewMax Cab. They can tow up to 9,400 pounds with rear-wheel drive or 8,800 pounds with four-wheel drive. While these higher trims can’t tow as much as the SR and SR5, they’re equipped with plenty of standard features to strike the perfect balance between performance and comfort.

TRD Off-Road

If you’re planning to drive your Toyota Tundra away from the pavement on a regular basis, you should get the TRD Pro. As the best off-roader in the lineup, this model comes standard with an array of off-road features for tackling tough terrain, including TRD Pro front shocks, Fox rear shocks, a front skid plate, and front tow hooks. It’s no slouch in the towing department either, delivering a towing capacity of 10,100 pounds with the Double Cab body style and rear-wheel drive.

Factors That Affect Tow Rating

The engine of the 2021 Toyota Tundra has the biggest impact on its work capabilities. However, you also need to take other factors into consideration if you want your truck to deliver optimal towing and hauling performance. To achieve a higher tow rating, you should go for the Double Cab body style instead of the CrewMax Cab and the regular bed rather than the long one. This is because the truck’s final curb weight affects the amount of weight it can pull.

Also, choosing rear-wheel drive over all-wheel drive results in better towing capabilities. A rear-wheel drive Tundra provides better handling and more traction when it’s loaded, which enables it to tow and haul a larger amount of weight without compromising stability and safety.

Bear in mind that the towing capacity of a pickup truck is often significantly higher than its payload capacity. The reason is that most of the weight of the trailer is on the axles, while the weight of the cargo rests on the suspension. The axles are able to support considerably more weight than the suspension. Before you use your Toyota Tundra to tow or haul a heavy load, it’s essential to do a bit of math to ensure you don’t overload the truck.

Available Tow Package

The 2021 Toyota Tundra not only comes with standard features that enhance its towing capabilities, but it also offers a tow package for maximum towing performance. This package includes the following features:

• Upgraded rear axle gear ratio: The tow package increases the rear axle gear ratio of the Toyota Tundra by 4.3:1, making it an appealing option for buyers who intend to tow or haul extremely heavy loads.
• Integrated trailer brake controller: When you’re towing a trailer, this feature will adjust the amount of trailer braking according to the weight of the trailer. It works with the trailer sway control system to detect trailer sway and apply more brake pressure to the wheels that need it.
• Supplemental coolers: Towing can put a lot of strain on your truck’s engine. This can result in excessive heat that causes the engine oil to break down at a faster rate. Without proper lubrication, your powertrain will likely experience more wear and tear and reach the end of its lifespan much sooner. The tow package has supplemental coolers for the engine and transmission oils, which can help prevent overheating.
• Heavy-duty alternator and battery: The Toyota Tundra has an array of features that use electrical power during towing, such as the electronic trailer brake controller and trailer lights. The standard alternator and battery may not be able to generate enough electricity to keep these extra features running for an extended period of time. By getting the tow package, you’ll have a heavy-duty battery and a 170-amp alternator for handling the extra load.

If you’re interested in getting the 2021 Toyota Tundra, feel free to stop by Panama City Toyota for a test drive. Contact us today to schedule an appointment. 

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Generally, power steering is a system that reduces the effort you need to turn a steering wheel. Without it, the steering would be heavy and challenging to handle, especially when making low-speed maneuvers like parking your vehicle or negotiating tight turns.

The present-day power assist systems not only enable drivers to steer vehicles comfortably with less effort but also come with a faster steering response. In this article, Panama City Toyota takes you through everything you need to know about power steering systems. We are a leading dealer in new and pre-owned Toyota vehicles in Panama City Beach. We also sell genuine Toyota parts and provide quality auto maintenance and financial assistance services.

How Does Power Steering Work?

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To help you better understand how power steering works, let’s first examine how a standard steering system operates. The steering wheel is connected to the front wheels by a steering column, pinion gear, and a notched metal bar called a rack. When you turn the steering wheel, it rotates the pinion gear, which then moves the rack to the left or right. It’s the rack’s movement that causes the front wheels to change direction.

Types Of Power Steering Systems

There are two main types of power steering systems and a third one that’s a hybrid of both of them:

Hydraulic Power Steering System

The hydraulic power steering system uses pressurized hydraulic fluid to produce extra power for easy steering, better control, and safer maneuverability. It works similarly to a standard rack and pinion system, except that it has a few additional features:

• Steering fluid reservoir: As the name suggests, it holds and supplies the steering fluid to the steering pump via a set of rubber hose pipes.
• Steering pump: It’s connected to the engine through a belt that turns a loop whenever the car’s engine is on. The belt then turns the pump, pulls the steering fluid from the reservoir, and pressurizes it.
• Rotary valve: Once the high-pressure steering fluid leaves the pump, it travels through the steering hoses into the rotary valve in the steering rack. If the steering wheel hasn’t changed direction, the valve redirects the fluid to the steering pump. If you have turned the steering wheel, the valve directs the steering fluid into the rack’s hydraulic chamber via the fluid lines.
• Hydraulic chamber: It has a hydraulic piston that separates it into two equal portions. The two sub-chambers receive different amounts of the hydraulic fluid depending on the direction to which you’ve turned the steering wheel. If you’ve rotated the steering wheel to the right, for example, the right chamber will receive more fluid. This will create a pressure differential between the portions, forcing the piston to move to the left and the steering rack and front wheels to the right.

Electric Power-Assist System (EPAS)

EPAS uses an electric motor mounted on the steering column or directly on the rack to provide steering assistance. The motor, which draws energy from the vehicle’s engine system, has sensors that detect the torque or effort you apply on the steering wheel. It also has a computer system that augments the steering effort based on the car’s speed. When the vehicle is moving fast, the effort amps up to give you better control. At slow speeds, such as when parking or making a tight turn, the steering becomes easy and light for better maneuverability. 

Hybrid/Electro-Hydraulic System

The hybrid functions pretty much like the hydraulic system. The only difference is that instead of using an engine-powered pump to create hydraulic pressure, it uses an electric motor. While this eliminates energy wastage and frequent belt changes, it doesn’t come with some benefits like automated parking and lane-keep assists found in EPAS.

How To Flush The Power Steering System

Check your car’s manual for how frequently you should do the flush. If you aren’t sure, dip the rod in the reservoir and wipe it on a white cloth. If it’s too dark and smells burnt, use the procedure below to flush the system:

1.                  Place jacks on both sides of the vehicle and lift the front part.

2.                  Use a turkey baster to siphon the steering fluid from the reservoir.

3.                  Tilt the steering wheel to the left and right to redirect any remaining steering fluid to the reservoir and repeat the second step.

4.                  Identify and disconnect the low-pressure return hose and drain it of any fluid.

5.                  Fill the reservoir halfway with fresh steering fluid.

6.                  Tilt the steering wheel to the left and right again, and monitor the fluid coming out of the lines. If it’s as clean as the one in the reservoir, you’ve properly flushed the system.

7.                  Reconnect the return hose, refill the reservoir, and drive the vehicle to test the steering wheel.

Common Power Steering Problems

Here are some issues you might experience with a power steering system:

• Worn-out belt: The greatest challenge with the hydraulic system is that the belt needs frequent replacement since it gets worn out quickly. That’s because it’s always turning as much as the engine is running.
• Leaking power steering fluid: The fluid reservoir may crack or break due to wear and tear, causing the steering fluid to leak. This will limit the pressure generated by the pump, hence reducing maneuverability. You can easily spot leakages under your vehicle. If unattended, this can make the steering impossible or even burn out the pump.
• Slipped belt: The drive belt may occasionally slip, preventing the vehicle from turning. You can also identify a slipped belt when you hear a squealing sound whenever you try to negotiate a bend.

Power Steering System FAQs

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1. What’s the cost of replacing a power steering system? 

The cost varies from one type of car to another and averages between $200 to $450.

2. Can I drive with a damaged power steering system? 

Yes, but this can burn out the steering pump.

3. What should I do if my power steering system fails on the highway?

Manually maneuver to a safe place and stop as soon as you can.

There you have it — that’s how a power steering system works. Whenever you feel that your car has a steering issue, you should take it for expert inspection as soon as possible. You can avoid most of these problems by taking the vehicle for routine maintenance services. 

Did you find this article helpful? Let us know if we missed anything in the comment box below. You can also contact us for further details or inquiries on new and used Toyotas, spare parts, and maintenance services.

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The Toyota Tacoma is America’s top choice in the midsize pickup truck class. Whether you’re looking for a powerful and dependable utility truck for work or spend your weekends on off-roading adventures, the Tacoma is a perfect choice. With an amazing reputation as an off-road truck and many customizable options to choose from, the Tacoma provides the best value for the price. The Tacoma has a solid base of fans to attest to its exceptional quality and performance. Here are five things drivers love about the 2021 Toyota Tacoma:

Excellent Performance

Image via Flickr under CC BY 2.0 by M.CERASOLI

The 2021 Tacoma standard engine is a 2.7-liter four-cylinder that delivers 159 horsepower, has 180 pound-feet of torque, and can haul up to 3,500 pounds. There is also an available 3.5-liter six-cylinder engine that provides 278 horsepower and 265 pound-feet of torque. It can tow up to 6,800 pounds when properly equipped and has a maximum payload of 1,685 pounds. Boats, UTVs, or campers — the Tacoma can pull them all.

The standard drivetrain is rear-wheel drive with available four-wheel drive. The standard transmission is a six-speed automatic and a six-speed manual is available. 

The fuel economy of the 2.7-liter four-cylinder is an estimated 20 city mpg , 23 highway mpg, and 21 mpg combined. The 3.5-liter six-cylinder engine gets an impressive 19 city mpg, 24 highway mpg, and 21 mpg combined.

The 2021 Tacoma is available in two different cab sizes. Access Cab has two doors and seats up to four passengers and allows for a 6-foot truck bed. The Double Cab seats up to five and has four doors, and the truck bed is available in 5-foot or 6-foot lengths. There are six trim levels to choose from including SR, SR5, TRD Sport, TRD Off-Road, Limited, and TRD Pro.  

The engine has superb performance for its class, and the Tacoma has above-average towing capabilities for a midsize truck.

Outstanding Reliability

Toyota automobiles in general are known for their reliability and durability, and the Tacoma remains true to brand. Drivers love the fact that whether buying new or used, the Tacoma has proven to be one of the most reliable trucks on the market. The 2015 model has a reputation for being the pinnacle year for the Tacoma’s reliability standard, topping the charts for reliability and performance.

To help boost its reliability, the Tacoma has excellent technology and safety systems. Remote Connect technology is available, which lets you access certain vehicle capabilities through your smartphone. The Tacoma has connectivity capabilities that provide easy access to all your music and apps. There are many standard and available safety features, such as a backup camera system, six different driver assistance features, a lane departure alert, and a blind-spot monitor with a rear cross-traffic alert.

Excellent Off-Roading Abilities

Its outstanding off-road capability may be the thing that drivers love most about the Tacoma. You would have a hard time finding a truck in its class that has better off-roading abilities than the Tacoma. With its exceptional performance on tough terrain, the Tacoma almost seems to drive better off-road than on the road. 

The Tacoma is the workhorse of utility trucks, and its durability and ability to ride on nearly anything will come in handy on the job site. When the weekend comes, the Tacoma is ready to hit the trails with its quality suspension and shock absorbers. For thrilling off-road excursions, the TRD Off-Road and TRD Pro trims are the best options.

Impressive Staying Power

Legendary for its longevity, drivers love to report that they are getting 400,000 and even 500,000 miles out of their Tacomas. Not many trucks these days have the ability to make it into the half-million-mile range, so this is an impressive feat — especially when you consider the fact that most Tacomas aren’t gently used vehicles. This rugged truck is truly built to go the distance. 

The Tacoma is highly customizable, and there are many options available for embellishing the truck and boosting its already impressive performance. When you purchase a Tacoma, your next step will be to personalize this vehicle with your favorite add-ons and accessories.

Tacomas are surprisingly durable, which makes their impressive off-roading capabilities even more appreciated. The number of older-model Tacomas on the road today is a powerful testimony to the staying power of this durable truck.

Remarkable Resale Value

Reliability plus longevity add up to an excellent resale value for the Tacoma. The truck does not depreciate like others in its class, and they often generate a better price than similar used trucks. Because of the Tacoma’s solid reputation over the years and high reliability scores, it retains its value much better than many other vehicles and drives up the resale price. 

This also means that if you want to purchase a used Tacoma, you will be making a wise investment. Your vehicle will hold up over time, and when you’re ready to move on, you can be assured that your Tacoma is one of the best trucks on the market for holding its value. The Tacoma has remained on the top of the chart for the best resale value of a truck for years now.

The Tacoma is loved by many drivers. From its numerous options, including two different cab styles and truck bed sizes, to its long-lasting superior performance, the Tacoma is a truck that will never go out of style. Whether you purchase a new Tacoma or a used model, you will be very satisfied with its power and endurance. When maintained properly, this truck will give you value for many years and miles to come.

We hope that we’ve helped you to see just how much there is to love about the 2021 Toyota Tacoma. We are here at Panama City Toyota to answer any additional questions you may have about this particular truck, or any other automotive questions or concerns you may have. Contact us online, or we invite you to stop in to speak to our talented team directly so you can check out our current inventory of Tacomas and other trucks and SUVs.

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Buying a new or used car for the first time should be fun and exciting. Yet, because you’ve never purchased a car before, how do you avoid potential pitfalls? At Panama City Toyota, we created this first-time buyer’s guide to help you out. We want you to drive off our lot in the car of your dreams, confident that you made the right choice and received a great deal. If you follow our guide, you’ll be satisfied. When it’s time to purchase another vehicle or recommend a dealership, we want you to think of us first.

Understand Your Budget

Image via Flickr under CC BY 2.0 by RL GNZLZ

The first step to buying a car begins with you working out your budget. How much car can you afford? If you plan on paying cash, you have your answer in your bank account. You want to keep in mind sales tax, delivery fees, and such, but you can easily stay within your budget.

If you plan on financing, understanding your budget gets more complicated. How much can you afford in a monthly payment? Totaling up your monthly expenses and subtracting them from your income gives you an available number. We don’t recommend spending up to this number on a car payment. You have to have money to pay for car insurance and fuel, plus you still want to have a life. What good can the freedom of having a car be if you don’t have the gas money to go anywhere or the spending money to go out with friends?

Check Your Credit Score

Before shopping for a new or used vehicle you plan on financing, we recommend checking your credit score. Several online services do this for free. Your credit score will determine the interest rate you qualify for, so if you have a low score, you’ll get a higher interest rate. The higher the rate, the higher the monthly payment, so if you can improve your credit before applying for a car loan, you’ll get a lower rate. The lower the rate, the lower the monthly payment, which translates to more buying power for your dollar.

Shop For Car Loans First

Before rushing to Panama City Toyota to buy a car, you should shop around for car loans first. If you’ve checked your credit score and are happy with it, you should be able to secure a good loan. A low interest rate doesn’t automatically make the loan good. If you save 1% on your interest rate but have two more years on your loan, are you saving money? 

It would be best if you keyed on finding the right balance between interest rate and loan length that falls within your budget. Our finance department can help you. They are experts at finding the best deal regardless of your credit history. We’ve streamlined the process as well, allowing you to get pre-approved for a car loan online. 

Assess Your Vehicle Needs

Understanding why you need a vehicle goes beyond simple freedom of movement. Students might want something inexpensive to buy and efficient to operate. Business professionals might wish for something more luxurious and spacious. New families often want to have the room available in their vehicle to support future additions to the family. If you have a long daily commute, you probably want a blend of comfort, reliability, and efficiency.

We also recommend you make a list of those features you need, whether it’s 4×4 capability, passenger volume, or technology. Remember that what you need and what you want are two different things. You can make a list of what you want, separate from what you need, which you can use to help make a final decision if necessary.

By creating a list of needs, you’ll avoid wasting money buying a car with features you won’t use. For instance, a truck with 4×4 capability costs thousands more than one with only two-wheel drive. If you never go off-road, why pay for a feature you’ll never use?

Do Your Research

Now that you’ve assessed your budget, checked your credit, and have an idea of what type of loan you qualify for, you should have a good idea of which vehicles to shop for. We recommend researching new Toyota cars, trucks, and SUVs online at Panama City Toyota. We have all the latest information on 2021 models to help you find the right vehicle. 

If you plan to buy a used car, we recommend checking the value of any vehicle you’re considering. Several companies provide this service free. Knowing the value of a vehicle before you enter negotiations will help you get the best deal possible. At Panama City Toyota, we have a vast selection of pre-owned Toyota vehicles. And because of our sales volume, our used inventory of trade-ins spans nearly every manufacturer. Our selection constantly changes, so we encourage you to search online for used vehicles often.

Take A Test Drive

Don’t ever buy a car without taking it for a test drive. It may have all the features you love and be in excellent condition, but the feel of the car may not suit you. It could be the comfort of the seat or the feel of the road, but you’ll never know until you take it for a test drive.

Have It Inspected By A Mechanic

A good time to have a mechanic inspect a potential vehicle would be on your test drive. Most dealerships have no problem with this. If you find resistance to getting a mechanic to look at a car, you should be concerned. A mechanic will give the car a full inspection and provide you with a detailed report of what, if anything, needs attention. You can then make an informed decision on whether to buy the car, ask for repairs first, or negotiate the price down accordingly.

Buying a new or used car for the first time should be an exciting experience that ends with you in the vehicle of your dreams. Whether you live in Lynn Haven, Callaway, or across the bay in Southport or Panama City Beach, Panama City Toyota will make your car buying experience one you’ll want to repeat and recommend to friends and family.

At Panama City Toyota, we have an expansive selection of new and pre-owned Toyota cars, trucks, and SUVs ready to sell at great prices. We invite you to contact us with questions or visit our showroom. One of our friendly, professional staff will show you those vehicles that fit your needs and budget and let you take your favorite for a test drive.

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Panama City, Florida, is known for its fun-filled days, but what happens when the sun sets? The entertainment doesn’t stop just because there’s no more natural light, of course. This thriving nightlife is coupled with a welcoming atmosphere, guaranteeing you a time to remember. Make sure you give yourself plenty of time to check out everything these must-visit spots have to offer.

Longboards Restaurant and Bar

Image via Unsplash by @louishansel

8746 Thomas Drive

Longboards Restaurant and Bar serves a wide variety of food, aiming to please just about any palate. Try the gourmet tacos, delicious pizzas, or mouthwatering burgers before you bust a move. After you eat, head upstairs to the restaurant’s Tsunami Club, which features some of the beach’s most popular DJs playing dance music.

If you’re more of a wallflower, that’s perfectly fine. Stick to the main level and watch your favorite game on one of the 30-plus televisions. Longboards also has two of the largest television screens on the beach. The establishment opens at 11 a.m. each day. Closing time is 10 p.m. Sunday through Tuesday, midnight Wednesday, 10 p.m. Thursday, and 4 a.m. Friday and Saturday. 

Ms. Newby’s

8711 Thomas Drive

A local favorite, Ms. Newby’s has been in business for more than 45 years. The owners have expanded their reach in Panama City by adding two other locations: Brew & Booze House and Newby’s Too with the Endzone Sports Bar. Each of these facilities houses a package store that features a wide selection of wine, beer, spirits, and cigars. Also, all sites have bars known for their signature drinks, such as the Hunch Punch.

If you’re looking for some entertainment, you’re in luck, as the bars all have ongoing events, including karaoke and live music. Every Thursday through Saturday from 8 p.m. to 2 a.m., Ms. Newby’s hosts Karaoke Mania, while on Wednesdays at 9 p.m., you can enjoy open mic night. The bars also remain open until 4 a.m., so you can extend your night out a little longer than most Panama City nightlife spots.

Patches Pub & Grill

4723 Thomas Drive

Open daily from 11 a.m. to midnight, Patches Pub & Grill is one of the places to be, especially if you’re looking for delicious food and live entertainment. Its made-to-order pizzas are topped with delicious pizza sauce, a special house blend of cheese, and your favorite toppings. You can also try the wings, which come with your choice of mild, medium, or very hot sauce. This establishment hosts live music almost every night of the week from 6-10 p.m. Head outside to the patio to listen to the music while smelling the sea air.  

Schooners

5121 Gulf Drive

Called the Last Local Beach Club as one of the last open-air hangouts left on the Gulf Coast, Schooners serves delicious dinner and has stunning sunset views. Known as The Beach Party back in the 1960s, the establishment changed hands in 1985, and Jim Canon renamed it Schooners. Although many people believe it was in reference to the ship, the name came from a time when Jim was sitting in Australia drinking an ice-cold schooner of beer when he learned this bar was for sale. He cut his vacation short and flew back to Florida to purchase it.

Schooners is open Sunday through Thursday from 11 a.m. to 9 p.m., as well as Friday and Saturday from 11 a.m. to 10 p.m. Make sure you come early for its nightly sunset celebration, in which it fires off an old cannon at sunset to celebrate the end of another beautiful day and the beginning of the night. This happens rain or shine. Then stick around and enjoy live music from local artists. 

Tootsie’s Orchid Lounge

700 S. Pier Park Drive, Suite 700

Although the original Tootsie’s Orchid Lounge is found in Nashville, Tennessee, this Panama City location brings a little bit of country music to Florida. Hattie “Tootsie” Louis Tatum purchased the original location in 1960, and she got the inspiration for the bar’s name from a painter who used an orchid color to paint her new purchase. Over the years, famous customers have included Waylon Jennings, Patsy Cline, and Willie Nelson, who received his first songwriting job after performing here. She opened the Panama City establishment in 2008, and it has hosted live entertainment weekly.

During the summer, Tootsie’s Orchid Lounge is open daily from 11 a.m. to 3 a.m., although the kitchen closes at 9 p.m. Keep in mind that every evening from 6 until 8 p.m., children under the age of 21 must be accompanied by a parent or guardian. After 8 p.m., only those age 21 and older are allowed inside the establishment.

Uncle Ernie’s Bayfront Bar and Grill

1151 Bayview Ave.

Located in historic St. Andrews, Uncle Ernie’s Bayfront Bar and Grill provides fantastic food and an incredible view. This quaint home dates back to the late 1800s, making it one of the oldest in the area. The family bequeathed the home to the area to serve as a restaurant and landmark near St. Andrews Marina. You might think the home seems small from the outside, but it has ample space for you to enjoy a night out in Panama City.

The extensive menu features many seafood dishes, pasta, steak, chicken, and sandwiches. Don’t forget to look at the drink menu, which has more than a dozen specialty cocktails. Try The Sassy Senorita, the watermelon margarita, or the best-selling Brazillian Kiss. After grabbing a bite and drink, stick around for some live music, which occurs nightly from 7-10 p.m. The restaurant itself is open daily from 11 a.m. to 10 p.m.

What do you think of this list by Panama City Toyota? No matter what your scene, are you ready to hit one of these Panama City spots to enjoy a little nightlife? Or did we happen to miss one of your favorite places? If we did, please let us know so we can add it to our list.

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The beaches in Panama City cover 27 miles of gorgeous shoreline with over 100 access points. There’s nothing quite like the soft, white, sugary sand between your toes, the sun bouncing off the brilliant shades of blue ocean, and listening to the waves crash onto the shore. While all 27 miles of beach are majestic, there are variations in the coast making it easy for you to find the ideal spot. There are beaches for families, collecting shells, going on excursions, snorkeling, or enjoying isolated quiet. Each beach is unique, so you may want to visit them all. Here are some favorites.

Panama City Beach And Pier 

Location: 16101 Front Beach Road, Panama City Beach, Florida

Panama City Beach is at the heart of the oceanfront lifestyle. An active and popular beach, it’s lined with over 100 shops and restaurants. This is a great first beach to visit on your trip to Panama City since it’s centrally-located and home to the landmark Russell-Fields Pier. The beach itself has perfect sand for building sandcastles and clear blue water for swimming and surfing. The pier has a small $3 daily fee, runs 1,500 feet into the Gulf of Mexico, and is an excellent place to go fishing or take a sunset walk.

Shell Island 

Location: Take the Shell Island Shuttle out of St. Andrews Park

There is a wide variety of shells and sand dollars on Shell Island, and even the occasional conch. But the beautiful island lends itself to more than shell searching. You can walk around the entire island observing wildlife like deer, crabs, loggerhead sea turtles, and green sea turtles. This island is also ideal for playing in the water and swimming. Pack everything you need for the day, like drinks, food, and sunscreen, because the island is primitive. The easiest way to access the island is a shuttle or ferry from St. Andrews Park. Check the fees and schedules before you go.

Camp Helen State Park

Location: 23937 Panama City Beach Pkwy., Panama City Beach, Florida

Unique from other Panama City Beaches, Camp Helen State Park is ecologically impressive. There is a combination of freshwater from the surrounding lakes and saltwater from the Gulf. If you are looking for bright white sands, natural undisturbed beauty, and a quiet place to relax and read a book, this beach is for you. There is a 183 acre park with activities like birdwatching, fishing, hiking, biking, and swimming. However, there are no lifeguards on duty. The hiking trails pass through various habitats like wetlands, salt marshes, sand pine scrubs, and costal dunes. Don’t miss out on this picturesque beach.

Schooners

Image via Flickr under CC BY 2.0 by kansasphoto

Location: 5121 Gulf Drive, Panama City Beach, Florida

Schooners beach has a laid back yet social vibe. It’s a great spot to join a pick-up volleyball game, chat on the deck of an oceanfront patio with a drink in your hand, or hang out with friends by a bonfire. Schooners restaurant provides the beach with live music and the perfect spot to watch the sunset. A unique bonus: every night at sundown they fire a cannon. The beach is ideal for swimming, surfing, and building sandcastles. There’s even a live webcam where you can view wave conditions or see how crowded the beach is before you go.

St. Andrews State Park

Location: 4607 State Park Lane, Panama City Beach, Florida

Formerly a military reservation turned state park, St. Andrews is for water sport enthusiasts. There’s a large variety of ocean activities all in one spot, like snorkeling, scuba diving, kayaking, and canoeing. The sugar sand, jade water, and calm shallows behind the jetties are perfect for water activities. There’s also a concession stand and pavilion for a shaded picnic. Local rent shops provide a way to rent water equipment or bikes for the nature trails. There’s lots of wildlife for fishing and birdwatching. If you want to stay overnight, full facility campsites are available. The park has an entrance fee.

Dog Beach 

Location: 16230 Front Beach Road, Panama City Beach, Florida

If your dog came with you on your Panama City vacation, then you’ll love this pet-friendly beach. Dog Beach is easy to locate near the Russell-Fields Pier and is over 400 feet long. You and your pup will appreciate the white sand while soaking up the sun and stretching your legs. The oceanfront area, devoted to dogs and their owners, is great to visit both in the hot summer months or the cooler off-season months. Remember to pack extra essentials like water for your thirsty pup on hot days, a leash, a towel for sandy paws, and clean-up bags.

Rick Stelzer Park 

Location: 7419 Thomas Drive, Panama City Beach, Florida

If you want to see natural sand dunes, then the public beach access at Rick Stelzer Park is for you. The almost 5-acre park has a section of undeveloped beach with gulf dune systems for preservation and education. Interactive educational displays show how the dunes and beach environment interact. The beach and park have picnic areas, swimming, park benches, and restroom facilities. A nice perk is how secluded the beach feels, even though it’s close to shopping and restaurants. Rick Stelzer Park is worth visiting, if only for a couple hours.

M.B. Miller Pier

Location: 12213 Front Beach Road, Panama City Beach, Florida

The M.B. Miller Pier and the surrounding beach is super family friendly. This oceanfront stretch has lots of public beach access spots and many options for lodging accommodations. There are lots of beach activities like sandcastle building competitions, sand volleyball and beach yoga. There is a small daily fee for access to the pier, but it’s one of the major reasons visitors love this beach. The pier is an excellent place to walk along and watch the sunset or go fishing during the day. The pier office provides day fishing licenses, bait, and rod rentals for anglers.

Here at Panama City Toyota, we love spending quality time at the beach. There’s nothing better than soaking up the sun on sandy white beaches, swimming through the waves, and feeling the cool ocean breeze. With so many beaches to choose from, we’d love to hear about your favorite Panama City beach so we can add it to our list. Contact us today!

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When you reach the end of your Toyota lease, you need to return your vehicle, trade it in, or make arrangements to buy the car for whatever amount is still owed on the purchase price of the vehicle. You will want to prepare a checklist and make sure you have everything ready to go before taking your Toyota vehicle into the dealership.

At Panama City Toyota, we want this process to be as simple as possible for you. If you will be trading in a vehicle or returning your Toyota lease vehicle soon, here’s a general overview of the return process. Your specific lease terms may require slightly different steps. 

What To Do Before Returning Your Toyota Lease Vehicle 

Image via Flickr under CC BY 2.0 by krystian_o

Start by examining your vehicle and look for any signs of excessive wear and tear. You should consider making any necessary repairs. It will be cheaper for you to make these repairs than be assessed any penalties for damage when you return the vehicle. 

The originating Toyota dealer is the one who is required to accept the leased vehicle return, but you should contact your local Toyota dealer to make an appointment for turning in your lease vehicle. 

Verify your payments and fees are handled. You should make sure you don’t owe any money to Toyota Financial Services (TFS). Once you have verified all payments and fees are up to date, schedule the complimentary inspection appointment. This appointment should be done between 15 and 60 days before your vehicle maturity date. You can speak with your local dealer for further instructions or call AutoVin at 855-40-MY-TFS. If you make any repairs after your inspection, you need to let TFS know, as they will need another inspection when you bring the vehicle in. 

Another helpful checklist item is to check with the DMV to determine whether you need to return the license plates when the lease ends. 

What To Do During Your Inspection 

Before you leave for your inspection or lease-return appointment, make sure you have all of the following documents and equipment: 

• All sets of keys.
• Toyota owner manuals.
• Spare tire and tool kit, if applicable.
• All original equipment, such as cargo cover, radio, vehicle headrests, etc. 
• Mileage information along with a signed Odometer Disclosure Statement. Keep a copy for your records.

When you are at the Toyota dealer, confirm they will accept your lease return. Jot down the name of the dealer associate who helps you with the return. If you did not have an inspection appointment before your return appointment, the dealer will complete one within a few days of returning the vehicle. 

After Your Toyota Lease Vehicle Is Returned 

Once you’ve returned your Toyota lease vehicle, there are still a few things left to do. You should receive a final invoice that will show any unpaid payments, miscellaneous charges, late fees, etc. Fees will include any charges for excessive wear and tear and excessive mileage. You should also contact Toyota Financial Services to determine whether you qualify to have your disposition fee waived, which could save you up to $350. 

If you paid a security deposit, Toyota will return send a check to your home address. Be advised that your check will be reduced if you owe any lease end charges. Don’t forget to cancel any automatic payments you have set up through Toyota Financial Services. 

Toyota Early Lease Return 

Some people may need to return their leased vehicle early. If you are active military, the Servicemembers’ Civil Relief Act (SCRA) will allow eligible service members to terminate their lease prior to the maturity date without any termination fees or charges. Under the Gold Star Military Program, eligible service members may be allowed to terminate their lease early in the event of death, catastrophic illness, or injury. However, you must contact TFS directly to determine eligibility for either program. 

When a lease customer passes away, someone may be able to take over the lease with permission, but you must speak with TFS to determine the applicable criteria. There is also a Probate Lease Cancellation program that may allow for early termination that may include forgiving the remainder of payments. 

Returning your Toyota lease more than 31 days before the maturity date is also possible. TFS will need to calculate your early return balance and send you an invoice within 60 to 120 days of returning your vehicle. The reason for the delay is TFS may determine your balance once your vehicle is sold at auction. 

Trading Your Toyota Lease Vehicle In 

Another option is to trade your Toyota lease vehicle in for another one. Trading in a lease vehicle differs from trading in one that’s privately owned. Even if you are not trading it in early, you could still have fees and penalties you need to cover. Situations where it might be wise to trade your Toyota lease vehicle include when you have a large fee for excessive wear-and-tear, or you went way over your allotted mileage. Always calculate these fees to determine which option makes the most financial sense. 

When you trade your leased Toyota in, one of two things happen: 

• The dealer will pay off the lease balance and use the wholesale value as trade credit, minus any termination charges. 
• The dealer will pay for the remainder of your lease payment and return it to the company. However, you have no trade-in credit and you’ll still owe all end-of-lease charges.  

Buying Your Toyota Lease 

Another option at the end of your lease is to purchase the vehicle. If you are considering buying your current lease vehicle, you need a Toyota payoff quote. You can contact TFS at 800-286-0652. A Toyota Certified Leasing Expert can help walk you through the process and even schedule an in-person appointment to go over all the details. 

There are multiple reasons some people choose to buy out their Toyota lease rather than return it. They might have negotiated a lower buyout price, love the vehicle, want to sell it privately, and more. Whatever your reasons are, contact Panama City Toyota to see how we can help you return or trade in your lease vehicle or help you purchase it. 

If you have additional questions about returning or trading in your lease, contact Panama City Toyota today. 

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