Should You Pay Cash or Finance Your Toyota Corolla?

You’ve decided to purchase a Toyota Corolla – and that’s something to get excited about! There’s plenty of reasons that this compact car has been such a superlative seller for such a long time, and you’re sure to see why the second you drive it off our lot. But first things first: How are you going to pay for your Corolla?

There are benefits to paying cash up front for a vehicle, and there are benefits to financing the cost. There are no wrong answers here, just ones that make more sense for your unique situation and budget. And because you’re buying your Corolla from Thomasville Toyota, you can rest assured that no matter how you pay, you’re getting a fantastic deal.

But it is important to consider all your options, so we’ll go over some of the benefits of paying cash and some of the advantages that go along with financing the purchase below. Read on to see which is the better option for you.

Paying Cash for Your Corolla: The Benefits

This is a great option for people who have been saving up to purchase their new vehicle, or who have sold a car and have a lump sum of cash to put toward their Corolla. If you choose to pay cash up front for your Corolla, you’ll enjoy the freedom of paying it off and owning it free and clear from the start – a tempting idea indeed! Without payments, interest, or financing agreements hanging over your head, you can enjoy the experience of owning your Corolla outright and setting out on the streets of Georgia in your sweet new ride.

If you have some cash but not the full amount, or if you want to hold on to some of your cash for use elsewhere, then you might consider paying part of the cost of the Corolla in cash and financing the remainder. This way, you’ll get appealingly low monthly payments and not spend every last dime you have in hand.

Financing Your Corolla: The Benefits

If you don’t have the cash at your disposal or if you prefer to spread out the cost of your Corolla over a period of months or years, financing is the perfect option. Thomasville Toyota’s on-site finance department is at your service to secure a low-interest car loan through our network of trusted lenders, and the process itself is quicker and easier than you think! You can even get a head start by applying for financing on our website before you even visit our dealership.

When you factor in the low prices we offer on all of our vehicles every day, plus the extra savings and incentives we strive to give our customers, you’ll be amazed at just how low the price of your new Corolla can be. The attractive car loan our financing experts get for you will just be the icing on cake.

There’s one other financing benefit we should mention, and that’s the ability to repair challenged credit or build credit if you don’t have much history to draw from. Making consistent, on-time payments on your auto loan is a great way to improve the outlook of your financial future.

Come Find Your Corolla at Thomasville Toyota

No matter how you end up buying your Corolla, at the end of the day you’ll find yourself driving home in an amazingly value-packed compact car that will pay for itself over and over again. Drivers in and around Thomasville, GA, are in for amazing selection, great prices, and customer service that puts you first every time you visit. Come in today and claim your Corolla!

Saved Vehicles


You don't have any saved vehicles!

Look for this link on your favorites:


Once you've saved some vehicles, you can view them here at any time.

Contact Us

(229) 228-0555

Call Now

14724 US 19 South • Thomasville, GA 31757

Get Directions

Today's Hours:

Open Today! Sales: 9am-6pm

Open Today! Service: 8am-4pm

Open Today! Parts: 8am-4pm

Thomasville Toyota 30.8506017, -83.9438711.