What Is a Lease Deferral, and Does Toyota Financial Services Offer Deferrals?
A lease deferral occurs when a monthly payment is moved to the end of your lease, which results in moving the maturity date out and increasing the lease term by the same number of months. While Toyota Financial Services does offer lease deferrals in the case of a temporary hardship, they do require evaluation and approval on a case-by-case basis and could result in additional charges.
We understand that financial hardships can be challenging, and we are here to help. To review the available options you may qualify for, please contact us at 800-874-8822.