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Toyota Camry Lease Questions

518 messages,  Last post on Nov 24, 2009 at 5:16 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Toyota Camry, Car Leasing, Sedan


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#391 of 518
Re: Lease for the first time.. Here is the offer I was given [KevCamry] by shahran
Nov 25, 2008 (3:58 pm)
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Replying to: KevCamry (Nov 25, 2008 1:26 pm)

I don't know how much the stability control is, but I got one with out it and my price came out to $19,700 including floor mats. I dealt with them and got the car for $550 total drive off and $255 a month including tax. I don't think I could have brought them down a whole lot lower, maybe a dollar or two but it doesn't really make a big difference.
 
I think for that car you should be able to negotiate and get about $600 total drive off and $270 a month including tax. The negotiated price is good, but you should be able to bring them down to $20,400 if you try hard in of.
#392 of 518
by toyoman8
Nov 30, 2008 (4:41 pm)
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ok here it goes guys
 
. I live in Houston,TX and I have never purchased a new car for over invoice. My 1st question for people who know: does Toyota dealers gives 2009 camry XLE 6cyl or any other camry's away for an invoce price.
 
Also my credit is 695 what would my mony factor be for XLE 6cyl.
 
I belive that they have $1000 rebate on camrys, is that so?
#393 of 518
by toyoman8
Nov 30, 2008 (6:05 pm)
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ok here is what I did: MSRP $29,400 for XLE 6cyl Invoice $26300, say if I get it down to $26500 + $3000 trade in+$1000 rebate+8%tax $300 aqisation fee which is unknown to me with 59% residual and .002 money factor since my credit score is 695
 
the 36mos lease came out to $289.75 mos.
 
sounds right guys? doable?
#394 of 518
Re: How to get out lease without penalty? [secondlease] by toyoman8
Nov 30, 2008 (6:20 pm)
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Replying to: secondlease (Nov 22, 2008 6:39 am)

4 options buddy:
 
1. Terminate the lease early and pay the fine not sure what it is
2. Find someone to take over the lease (not recomded) on Leasetrader.com (if you want to know why not recomened let me know)
3. The best option in some cases (depeds what is the buy out) SELL the car, find a buyer just as if you had it financed payoff the bank and you all set.
4. ride it out
#395 of 518
Re: Camry SE w/o nav and tires [yooitscewl] by toyoman8
Nov 30, 2008 (6:24 pm)
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Replying to: yooitscewl (Sep 13, 2008 3:19 pm)

did you buy the car yet?
#396 of 518
by toyoman8
Dec 03, 2008 (5:30 am)
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is the rebate on camry XLE v6 is still $1000??
#397 of 518
by toyoman8
Dec 03, 2008 (3:45 pm)
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I hate dealers ok here is my quote
 
MSRP $31080
Sell Price $28200 same is the invoice that they show me
Residual $16643
Money Fact .00185
Acqu. Fees $1000 ( I just made that number up)
Rebate $1500
Cash Down $3000
Title$Reg $200 (my number)
Tax 6.25% Texas
 
36mos 12k lease
 
guess what the payments comes out according to them $430 yeah ok
according to me they should be around $320 or less
#398 of 518
Toyota Camry SE w/ Leather Lease question by bc012001
Dec 08, 2008 (7:36 am)
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Carman or anyone for that matter,
 
Can you please provide Toyota's Money Factor and Residual Value for the month of December for a 2009 Toyota Camry SE Automatic 4cyl with Leather interior (LA80 Option) for 36 moths 15,000 miles
 
Thanks.
#399 of 518
Lease Regret by magyck0ne
Dec 08, 2008 (10:06 pm)
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Hello everyone; this is my first post and I'll get straight to the point/question:
 
Last weekend my truck was totaled and I needed a vehical right away so
I signed a lease for a brand new 2009 Camary... I wish I had not.
 
I filed bankruptcy in 05 and since then have brought my average credit score back to about 640. I am paying $480 per mo on this 36 mo lease. The dealer did not ask for a down and this appealed to me... so I signed.
 
One day later, the finance manager contacted me and asked if I could put any money down (after the contract was signed... no down payment was discussed or included in the contract) Of course I said absolutely not. The finance manager said to take the car home for the night and would contact me the next day.
 
I think the dealeship jumped the gun and now Toyota financing is asking for the down payment. Personally, I am hoping that tomorrow the dealership will just ask for the car back and we will cancel the contract (I have put less than 30 miles on the car so far)
 
Does anyone think that they will indeed just void the contract if I do not offer a down?
 
Any thoughts on this matter would be greatly appreciated.
#400 of 518
Re: [shahran] by Car_man HOST
Dec 11, 2008 (4:11 am)
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Replying to: shahran (Nov 20, 2008 12:11 pm)

Hi shahran. Toyota Financial Services' current residual value for a 36 month lease of a 2009 Camry LE with 12,000 miles per year is 61%. This residual value is available nationally. The money factors, however, are a different story. Toyota's money factors vary depending upon which one of its twelve regions one is in. They range anywhere from .00070 to .00175. If you tell me what state you are in, I may be able to give you an idea of what the exact factor is in your neck of the woods.
 
Car_man
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