Edmunds.com | Inside Line | Auto Observer Your Account | Help | Directory
You are here:
![[F]](http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/townhall/webxicons/site.gif){kind=small}
Forums
Prices Paid: Buying & Leasing Experiences 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
|
|
|---|---|
|
Replying to: Car_man (Aug 31, 2005 4:23 pm) |
|
|
I've never leased before sooo I'm in the learning curve. Can one lease a used 2006 Camry? How do I find out what the residual value percentage for a used 2006? Will the money factor be the same as a 2007? I am planning on buying this vehicle at the end of the lease so I am assuming a 3 yr lease should be ok, even thou I'll be 1 year out of warranty. Is there something I'm overlooking on a 3 yr lease? or would I get better lease rates on 2 yr. Is Toyota Corp the only company that will finance the lease or are there others out there? Will they be less expensive? Any other questions that I should have asked? thanks for the help 
|
|
|
|
|
Hi Car_man, I'm looking for a 36 months/15K lease of a Camry Hybrid. Here is what I was recently offered for a fully loaded with nav/sunroof. $30,862 (MSRP) .00265 Residual $16,949 Drive off - $1,369 Monthly - $568.00 The monthly rate seems pretty high. What am I doing wrong? Any advice? Thanks so much!
|
|
|
Replying to: golakers32 (Aug 17, 2006 1:04 pm) I'm NOT Car_Man, but, IMHO, you should buy, NOT lease a Camry Hybrid. If you lease, you won't be eligible for the Fed $2600 tax credit... |
|
|
I have never leased. I got a quote from John Elway Toyota in Denver for 2007 Camry SE 4 cyl with leather seats. The quote is $500 under msrp .00295 MF 58% residual on 36 months 15,000 miles per year $400 acquisition fee $399 dealer handling fee I have no idea if this is a good deal. What should I go back to the dealer with. I am patient, do not need to buy now and want a fair (but not necessarily the best) deal. Thanks anyone and all of you for help. |
|
|
|
| Hi, I live in the Dallas, TX area and would love some advice on leasing a 2007 Camry LE-V6. The MSRP according to Toyota's website should come to about $26,500. I've been told I qualify for "Tier 2" credit at an APR of approx. 5%. If all this is true, what should I expect for a monthly payment? Also, do you guys have any thoughts on whether it's best to lease through a dealership or a leasing company, such as Autoflex? Thanks so much for any advice you can offer!! | |
|
|
|
Can anyone help with the mf and residuals for Camry LE for 2 years at 15k miles per year. Also, do you know what the mileage penalty is for going over? Thanks.
|
|
|
Question on a Toyota lease... I was in the finance office today working out finances on a 36 month lease. Final XLE V6 price was pretty good as there are not much inventory in Orange County CA. Whittled down the price and came to an agreement with the sales guy. In the finance office I was offered a 60 month lease to save about $15/mo with the stipulation that I can trade, sell, or turn in the car just before 36 months. He said he was saving me money. That he does these kinds of leases all the time. I said what is in this deal for Toyota. He said nothing- just wanted to save us some money. Something sounded fishy. But most of the offers in the finance office are high profit add ons like GAP insurance, a maintenance program, and the alarm. My questions... 1) Is the 60 month lease really a good deal? 36 month payment is $489 and the 60 month payment is $474. If I turn the car in at 35 months 29 days I would save about $540 over the 36 months. Are there any catches to this financing scenario? 2) they want to charge me an additional $279 for the alarm system. If I don't want it they take it out. They won't deal on this. Is the alarm worth the $279 and needed? 3) The GAP insurance is $680. They amortize this over 60 months. So when I turn in the car just before 36 months they say I will get the 2 year refund of about $272. I am going to check with my insurance company to see if they offer a GAP insurance and/or if I really need it based on my policy. 4) Maintenance Agreement... $600 add on, so between the bumper to bumber warranty and the maintenance agreement all services would be free. So 5,000, 10,000, 15,000, 20,000, 25,000, 30,000, and 35,000 mile services would be free. The big ones would be at 15,000 and 30,000. The finance guys says oil change/tire rotation every 5k and bigger services of $200 each at 15k and 30k. Any feedback on whether this is a good deal? Or am I just paying upfront for the same costs that would be incurred over regular intervals during the next 35 or so months. Any immediate feedback would be greatly appreciated as I need to make these decisions by 2pm tomorrow. Thanks in advance- Mike |
|
|
Replying to: mjbech (Sep 07, 2006 8:17 pm) |
|
|
Replying to: mjbech (Sep 07, 2006 8:17 pm) I don't know a lot about leases other than when it's over you don't own the car and usually they are for 12,000 miles a year. It seems like a 3 year lease would have the car on warranty the whole time. Unless you're going to buy it at the end of the lease I don't know that I'd even maintain it to their schedule unless I was required to show records to the leasing company. The "major" inspections are good for long term ownership but why do it? I'd also have a hard time committing for 60 months when the 3 year leas is so close. I've never kept a car that long and it seems like a 60 month lease would be more of a hassle than a straight out purchase with a 60 month loan (unless you really plan on keeping it 60 months).
|
|
You are here:
Forums
Prices Paid: Buying & Leasing Experiences Toyota Camry Lease Questions
New? Join Now!
Forum Tools
Search Forums
Browse by Vehicle
2010 Toyota Camry
Browse by Board
Browse by Topic
Today's Chats
