Blog / Laconia Toyota Dealer

Toyota Has Highest Resale Value

For the third year in a row, Toyota has been named the brand with the highest residual value by Kelly Blue Book. A high resale value is beneficial to customers for several reasons. First, the car will be worth more than another car when the customer goes to trade it in for a newer car. This is the same as putting more money down, and reducing the monthly payment on the new car, which will help with that monthly budget. On a related note, if you want to trade-in or sell this car before the loan is paid off, you are more likely to be in a positive equity situation early in the loan than you would be with a car that does not hold value as well. Because a higher-resale value car does not depreciate as quickly as a lower-resale value, you have positive equity in the car faster. This reduces your risk of ending up underwater by giving you the option of trading the car back in, satisying the loan, and putting the differnce towards a new cdar (or in your pocket). So far, we have only looked at the advantages of high-resale value cars when you purchase a car, but the same is also true with leasing. With a car lease, you pay to use a car, not to own a car. This is an important distinction, because part of the lease calculation is based on the car's depreciation over the life of the lease contract. If all else is equal, a car with a higher resale value will have a lower monthly lease payment than a car with a lower resale value. This is true because the higher-resale value car does not depreciate as quickly, so you pay the leasing company less in depreciation. So regardless of whether you are buying a car (cash or finance) or leasing a car, a high resale value works in your favor. And because Toyota has the highest resale values out there, you should stop by Irwin Toyota today to buy or lease a new Toyota, or buy a Toyota certified pre-owned Toyota!
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Is Presidents Day a Good Time to Buy a Car?

Why is Presidents Day known as a great time to buy a car? The Presidents Day Sales Event has been an automotive industry staple for years, but there is no clear consensus on exactly how and why this started. Locally, the Presidents Day tradition dates back to 1917, when Alvan T. Fuller (later governor of Massachusetts) promoted a Presidents Day “open house” event at his Cadillac and Packard dealership on Commonwealth Avenue. The most notable advantage of having a sales event on Presidents Day is that many people have the day off from work and are able to visit the dealership and go for test drives. Despite early efforts by dealers like Fuller, Presidents Day car sales events did not take off on a national basis until the 1970’s. It is worth noting that prior to 1971 Presidents Day was always celebrated on George Washington’s actual birthday (February 22 nd), regardless of the day of the week. In 1971, the Presidents Day holiday was moved to the third Monday in February, ensuring that it would always create a three-day weekend. This newly formed three-day weekend happens to fall at a convenient time for both dealers and prospective customers. Dealers and manufactures alike are starting to enter “spring cleaning” mode to make room for new models, so they offer discounts and rebates to help move aging product. Customers have recovered from the holiday expenses incurred back in December, and many of them have received tax refund checks. Tax refund checks make excellent down payments, and can be combined with rebates from the manufacturer to help lock in low monthly payments. As you can see, there is no one reason why Presidents Day has become so big in the automotive industry; rather, it is a combination of factors that help to make it a great time to buy a car.

scion im for sale nh

Scion iM and iA Have Great Lease Programs

Scion is pulling out all the stops for the launch of its two newest nameplates, the iM hatchback and iA sedan. Just in time for launch, Scion has announced some very competitive lease programs as well as extremely low interest rates for up to 60 months! You can lease the Scion iA sedan for only $129 a month for 24 months with $2,999 due at signing, or $169 a month for 36 months with only $1,999 due at signing! If you would prefer to buy this economical sedan rather than lease it, Scion is offering 0.9% APR for up to 60 months, or 1.9% APR for up to 72 months! This is the first time in its history that Scion has offered a subvented rate on a 72-month loan. If you would prefer the sporty new iM hatchback, then you will love being able to lease it for only $163 per month for 24 months with $2,999 due at signing, or for 36 months at $199 a month with only $1,999 due at signing. You can buy this stylish new offering with a special financing rate of only 1.9% for up to 60 months. Irwin Scion is pleased to announce that we even have enhanced offers on our existing Scion tC’s. These sporty coupes can be leased for only $147 per month for 24 months with $2,999 due at signing, or $179 per month or 36 months with $1,999 due at signing. The Scion iM will be a sporty, "hot hatch" that will appeal to a wide audience

2015 Toyota 4Runner TRD Pro

We just got our Toyota 4Runner TRD Pro! This stunning white SUV is the ultimate vehicle for your driving enjoyment both on and off the road! Its gorgeous white paint is nicely accented by black badging, 17-inch black matte TRD alloy wheels, black bezel headlights, and an aggressive grille. This 4Runner is equipped to do some serious off-roading, and comes with Nitto Terra Grappler all-terrain tires and a ¼-inch aluminum front skid plate stamped with the TRD logo. The 4Runner TRD Pro packs some serious oomph thanks to a 4.0L, 270-horsepower V6 that delivers 278 lb-ft of torque and is connected to a 5-speed automatic transmission. This SUV has an electronic locking rear differential to keep you in control even in extreme off-road conditions. Add in the convenience of Multi-Terrain Select and Crawl Control, and you are looking at an off-road monster that is just waiting to devour some serious trail! If you are taking on some aggressive terrain, you will want a suspension system that is up to the challenge. That is why the 4Runner TRD Pro comes with a TRD-tuned 2.5-inch TRD Bilstein coil-over-shock setup matched to TRD-tuned springs up front. The rear suspension has 2-inch TRD remote-reservoir Bilstein shocks to provide extra wheel travel and control. By using top-of-the-line Bilstein shocks and proprietary TRD tuning, this 4Runner is able to let you conquer the terrain. Just because the 4Runner TRD Pro is built as rugged as they come doesn’t mean that you have to sacrifice when it comes to a comfortable interior. This TRD Pro comes with heated front seats, navigation, and advanced Entune app suite, black SofTex seats with red stitching, and much more! We have loaded this 4Runner with factory options such as remote engine start, 3M paint protection film, cargo cover, cargo cross bars, exhaust tip, and door edge guards. The 3M paint protection film is a high-end accessory to keep your crisp white paint looking as pristine as ever when you take this beauty off into the wilderness. The cargo storage solutions we have added allow you to load up all your gear and a few friends and hit the open road and drive until the road ends… and then drive some more!