Toyota Of Somerset Finance Center

Financing a Toyota Vehicle at Toyota of Somerset

Our Toyota dealership serves the Richmond, KY area with a wide array of vehicles, and our finance center helps you drive home your favorite. Toyota of Somerset works with you, so you can stick with your budget and still drive home the car you need. Our friendly, professional finance team works with you to make the car buying process simple. We also offer a flexible lease program that lets you enjoy the vehicle you like on a shorter-term basis.

New Toyota Vehicles

Equipped with the latest driver-assistance aids that will keep you safer wherever you travel, our new Toyota lineup has something that appeals to every driver.

New Toyota Vehicles

Flexible Financing

We're here to help you by going over every option clearly, and will find the right plan for you.

Explore Your Options

Special Offers & Incentives

Proud to offer competitive prices, we work hard to leave more money in your pocket.

View Current Offers

Financing a New Car, SUV, or Truck

The Toyota of Somerset finance center offers a straightforward application process. We partner with a variety of financial institutions to offer the best rates possible. You decide the down payment you can afford. We will work with you to structure your purchase agreement to suit the amount you can afford for your monthly payment.

While your interest rate depends on your FICO Auto Score, we work with you on other items, such as the length of your loan and your trade-in. Choosing a longer loan term lowers your monthly payment as does making a larger down payment.

Loans vs. Leasing

You could also end up with a great vehicle by leasing one from Toyota of Somerset. When you lease from us, you basically rent the vehicle for a specific time period, such as three to four years. Your monthly rent payment typically equals what a monthly car payment does.

While you don't save money on the monthly payments, you don't have to make a down payment, and you return the vehicle for a new one of your choice if you decide to continue your lease.

Your lease comes with mileage limitations though similar to renting a vehicle short-term. You may also have other usage restrictions, such as no international driving. You also cannot modify the vehicle in any way.

Conversely, when you purchase a vehicle, you make a payment each month and when you pay it off, you own the car. While you make payments, you can drive it as often as you like and modify the vehicle any way you like.

When you lease, your vehicle has no value toward your next vehicle when the lease ends. When you purchase the vehicle though, you can either trade it in for cash toward your next purchase or resell the vehicle.

When you lease, you won't have financial assistance. You'll need to come up with the monthly payment each month and won't enjoy any missed payment forgiveness.

When you purchase a vehicle, you can take out a loan to cover the entire purchase. Depending on how long the loan terms stretch, you could enjoy up to 82 months to pay it off though most auto loans only last for 72 months. If you want a shorter loan term, you can make a larger down payment or trade-in your existing vehicle.

Toyota of Somerset Serving the Oneida, TN Area

At our dealership, we serve the entire Lexington, KY area, so don't have to reside in Somerset, KY to qualify for one of our loans or to lease from us. At Toyota of Somerset, we also sell to out-of-state residents. Contact our finance center to apply for a loan. We can work with you with your bank said no. Our finance partners want to help you obtain the vehicle you need.

You don't have to wait to drive home in the car, truck, SUV, or van you need. Contact Toyota of Somerset today to learn more about completing our loan application or lease application. Visit our auto lot today to speak with one of our lease or finance representatives and get the process started. Let us help you drive home the Toyota you want and need today.


Toyota of Somerset

4195 South Highway 27
Directions Somerset, KY 42501

  • Sales: (606) 679-1601
  • Service: (606) 679-1601
  • Parts: (606) 679-1601
  1. Toyota of Somerset

    4195 South Highway 27
    Somerset, KY 42501

    • Sales: (606) 679-1601
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Contact Us!

  • Contact our Sales Department at: (606) 679-1601
  • Monday8:30 a.m. - 8:00 p.m.
  • Tuesday8:30 a.m. - 8:00 p.m.
  • Wednesday8:30 a.m. - 8:00 p.m.
  • Thursday8:30 a.m. - 8:00 p.m.
  • Friday8:30 a.m. - 8:00 p.m.
  • Saturday8:30 a.m. - 6:00 p.m.
  • SundayClosed

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