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Prices Paid: Buying & Leasing Experiences Toyota Camry Lease Questions
377 messages, Last post on Oct 07, 2008 at 3:57 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: vegascardude (Jan 14, 2008 1:05 am) |
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Replying to: jatmobile (Feb 14, 2008 10:06 am)
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Replying to: naragonl (Mar 02, 2008 6:42 am) I am definitely buying the car once the lease is over.... the interest rate on the lease was ridiculous, and to my advantage, the residual on the car was calculated at 61% but, not off of the MSRP, as Toyota treats options differently when it comes to depriciation... so... anyways... the residual was very low, approx. $12k. This means that I would have financed more than half of the car's cost at 1% interest rate.... so at the end of the three years, the car is only going to cost me 12K to buy... and thats the reason why I am going to buy it, and am not worried about modding it in anyway......
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Hi CarMan, I was hoping you could tell me the money factor and residual for the NJ area. I am looking to lease a 08 camry 36 months, 12K miles a year. I have pretty good credit and should qualify for toyota's top tier credit. For the other people who have successfully lease a camry in the NJ tristate area... What is the best deal you have gotten? What dealership is straight forward and good to deal with? Thanks in advance for the help.
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Replying to: jton (Mar 03, 2008 5:33 am) ********************************************************************************- ************** Guys and Gals.... I had a great buying experience at Team Toyota of Langhorne PA. 08 LE Automatic, With Alloys, JBL Sound System w/Bluetooth, Moonroof and Preferred Accessory Package MSRP: 24,431 INVOICE: 21,800 Purchase Price: 21,500. Dealer also agreed to a 61% residual and a money factor of .0005!!!!(Thats nothing!!!) Rolled all the fees into the lease: Acq: 550 3 Years Registration: 230 (New Jersey) Title: 40(NJ Title Fee With Up to 2 Leins on the Title) Doc: 45(Pennsylvania Doc Fee Capped at 45) Tires: 5 (Pennsylvania Tire Tax) Tax: 641(7% of total depriciation) Montly Payment Came out to 271. Nothing out of my pocket. Walked away(Actually drove away) with the car for 271/month. I am going to add the side skirts and bumper lips myself and mod the exhaust to dual and this LE will look better than a Silver SE. It already sounds better due to the JBL.
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Replying to: jatmobile (Mar 02, 2008 7:44 pm) I am definitely buying the car once the lease is over.... I did the same thing with my Expedition on a 2 year lease with almost no interest on the lease. I'm financing 49% of my vehicle at almost 0% and then planning to purchase it at 51%. It ended up saving me a couple of thousand than just buying it outright at the time. |
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Replying to: jatmobile (Mar 03, 2008 5:53 am) thanks for the response. Congrats to the great deal! I have a question to ask you. I tried to enter all the info you gave into leaseguide.com's lease calculator and came out with a different monthly payment than yours. I don't know if I am putting in the right numbers. Here is what I put in... MSRP: 24,431 Base Cap cost: 21,500. Additional fees added to lease: $880 (includes acq fee $550, $230 reg fee, title, doc, tires) MF - 0.0005 Residual - 61% Zero down for 36months. The monthly payment came out to be $226.34 plus tax of $15.84, which equals $242.18 I leased previously and remembered that you for the tax on the vehicle each month and not in the beginning. Let me know if I did anything wrong to arrive at this monthly payment. Also could you pass on the name of the salesperson who dealt with? Thanks again for your help. |
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Replying to: jl582 (Feb 11, 2008 10:13 am) could you provide more details on your offer, eg model trim, mrsp, sale's price, dealership name/state, etc. thanks |
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Is the following lease deal a good deal for 08 Camry XLE with no additional options? MSRP: $25,000 Cap Cost: $22,565 Residual Value: $15,000 Money Factor: 0.00099 Miles: 12,000 /yr Payment: $263.13 /month (Plus tax) Drive off: $553 (Includes 1st month payment)
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Replying to: jsc010 (Mar 06, 2008 4:30 pm) What state are you in ? All of my local (Northern NJ) dealers claim that the special M/F deals ended on Feb 29th.  Can someone please suggest a more or less honest Toyota dealer in NY/NJ are ? Thank you.
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