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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
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Hi guys, My grandfather in Palm Beach County, South Florida, has asked for my help with a car lease. Problem is, I've never leased a car before so I'm not sure what to tell him (I've always purchased my cars and so has he). He's interested in an '09 Camry LE with auto-trans. Originally he wanted to buy, and the best purchase price we got was $18,800. But due to my grandfather's age (almost 90) he thought it might be wise to lease instead of buy. 1. Is he right? 2. What should he expect to pay for a lease, based on the above purchase price? 3. Any questions we should be asking the dealer, or 'gotchas' to look out for? Any other help or thoughts on this would be greatly appreciated. Thanks very much!
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Can anyone tell me what the residual and money factor is from Toyota currently for the 2009 Camry Hybrid? I live in Miami, FL. I am looking for a 36 month lease w/ $2000 down and 15K miles per year. Thanks in advance for any assistance |
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Replying to: fractious (Apr 19, 2009 5:59 am) Toyota Financial Services' May New York region buy rate lease money factor and residual value for a 36 month lease of a 2009 Camry SE with 15,000 miles per year are .00001 and 56%, respectively. The money factor and selling price of the car that you want are the important numbers to focus on here. The residual value percentage that I mentioned is practically worthless for consumers because TFS places restrictions upon what options can be residualized. It is so difficult to figure out the actual dollar residual values of vehicles that TFS provides dealers with lists of the actual dollar residual values for the specific units that they have in stock rather than relying upon them to calculate them on their own using the percentages like most other banks do. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: sounds_good (Apr 19, 2009 10:12 am) Check them out and let us know if you have any other questions. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: hybrid305 (Apr 21, 2009 10:46 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Apr 02, 2009 2:48 am) Just in case you're still considering an '09 Camry, you should know that TFS' April New York region Tier 1+ buy rate for it is .00086. ======================================================== I don't get this. First of all, .00295 comes to 7.08%. Isn't that a pretty high rate?!?!?! Also wanted to ask what the differing circumstance is, between getting the .00295, versus the MUCH better .00086? thanks very much!
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Replying to: Car_man (May 06, 2009 2:15 am) I'm assuming this applies to the west coast (California) as well right? I'm assuming this is what the "Perfect Timing" commercials are all about? Is this also going to make for better deals on purchasing as well? Any details anyone could provide would be GREATLY appreciated.
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Replying to: Car_man (May 06, 2009 2:41 am) Are the lease figures for a 2009 Camry in Massachusetts the same as New York? Thanks!
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Hi Carman, I'm turning in my ford lease tommorow and I'm looking for a little info on the new Toyota Lease Incentives. Your post above indicates that there are sood decent deals to be had this month. I'm primarily looking at the Camry. Looking for MF and Residual % for 2009 4cyl SE Camry. Looking for 36 or 39 months. Also, if you have an update on the incentives for the CRV or 4runner that would be much appreciated. Just looking for the standard package, 36 or 39 months. I'm in Portland, OR. As always, thanks for your help. Jeff.
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Replying to: bostonben (May 07, 2009 6:17 am) In Massachusetts, I'm getting a MF of 0.0005 (~1.2% APR!) and residual of 12,557 on a Camry LE. Best selling price I have received is 18.8K but I think I can get that closer to $18K. |
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