Toyota lease to own or easy to own plan

[sage99]

Hi, i'm currently considering the lease to own plan of toyota, however, i'm not sure if there's a catch after i completed the 2 years payment, concern here is transferring of the title to my name, aside from the 4k LTO fee, is there other hidden charges?

thanks.

[tidus1203]

The only advantage of lease to own is you avoid paying chattel mortgage...

[mark_t]

The only advantage of lease to own is you avoid paying chattel mortgage...

And you can report it as operational expence.

[tidus1203]

Yeah if its a business pero for an individual walang advantage ang pag report as operational expense...

[likot]

Nagbayad na lang kami ng chattel ayaw namin ng hassle na ganito. After mo bayaran yung kotse kaw ang maglalakad ng papers kasi sa Toyota nakapangalan yan. Kapag naman sayo nakapangalan after mo magbayad sa renewal sabay mo na lang pa cancel ng chattel mortgage isang abala lang

[sage99]

thanks Guys, 25k kc ung chattel kaya nagdadalawang isip ako to pay for it...while s paglalakad daw ng papers s LTO is 4k, any other benefits of paying the chattel aside from the OR is under your name and hindi TFS/<your name>?