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You are in the Prices Paid - Buying & Leasing Experiences
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Toyota Camry, Car Leasing, Sedan
Sep 20, 2010 (6:21 pm)
I probably don't need to tell you this, but in my experiences buying/leasing cars here in Las Vegas (and I have done several leases) is that the dealers (in general) all want TOP DOLLAR for the cars and DO NOT want to deal. It might have to do with a market here that has little competition from dealer to dealer......we have 4 Toyota dealers (3 that wouldn't deal at all), 2 BMW dealers (both under same ownership), 2 Acura dealers (neither will deal), 1 Audi dealer, 1 Mercedes Benz dealer, 1 Lexus dealer, 1 Subaru dealer, 2 Infiniti dealers (under same ownership, but diff names), etc.......you get the point. Hard to "cross-shop" here in LV.
**In So Cal there is probably 20 Toyota dealers in a 45 minute driving range.
I emailed all 4 Toyota dealers here in Las Vegas. 3 of them basically just wouldn't deal at all (they wanted $290/mo and up for the same car I leased) and finally Fletcher-Jones Toyota saved me from driving to California to lease a Camry.
My Toyota dealer (FJ of Las Vegas) took my Acura TL Type-S that had 2 payments left (about $1,000) and still did the deal on the Camry SE that had SE Value pkg #1 + Smart Key (MSRP $25,990) for $235/mo + tax and $0 due at sign.
***I could have pushed them to $225/mo or $230/mo + tax, but I knew I was close to the "this is as good as it gets......take it or leave it". Besides, I am at a payment that is HALF (50% less even with sales tax) than my 2008 Acura TL Type-S and I don't owe Acura anything now!
By the way, I am really enjoying the Camry SE. The Super White color is really growing on me (this wasn't my 1st color choice) and it is BRIGHT WHITE. I got the windows tinted at 30%, and now it looks even better. I am looking into getting the TRD Camry Sport Shifter that is in the accessories section to add a little "spice" to the interior.......its like $50.
BTW, great deal on the Camry V6 XLE that was posted here. $309/mo and 15k miles a year is amazing. That car is probably as nice as a Lexus ES350!
#686 of 916 2011 Camry SE lease Phila Pa area
Sep 23, 2010 (12:25 pm)
Tomorrow picking up 2011 Camry SE, 4cyl/auto, cloth, CF-Carpet set, EJ-JBL, QD-Val Pack #1, heated mirrors, 36 month/15K, zero down. $254.00 per month which includes 9% Pa tax. (was quoted $240.00/month at 12K but will take the 15K) First payment at time of pickup. Coming off of a 1998 Pontiac Bonneville SSEi which I loved (not a trade in but will sell myself) Camry lease pricing is unbelievable.
#687 of 916 Re: 2011 Camry SE lease Phila Pa area [ptm1]
Sep 24, 2010 (7:59 am)
Sounds like a pretty good deal since it includes tax.
Did you have to really work the deal to get this pricing, and do you have moonroof?
#688 of 916 Extra miles purchase
Sep 24, 2010 (8:01 am)
Can you purchase additional miles from Toyota Financial Services after signing the lease?
I'm wondering if they will adjust this for a limited time after driving off with the car and if you can get the miles for less than the $.15/mile rate due when the lease expires.
#689 of 916 Re: 2011 Camry SE lease Phila Pa area [thebenz]
Sep 24, 2010 (9:05 am)
the option QD is the SE Extra Value Package #1 which includes the sunroof, illuminated vanity mirrors, rear reading lights and the spoiler. I know a sales person at the dealer and this was the initial deal offered. Toyota is looking to blow out Camry's after the issues last year and preparing for the 2012 redesigned Camry due out July 2012. The Camry was not a car that I was considering but at this lease pricing I can live with this car/package for three years. The two years of free oil changes and tire rotation is also a nice plus.
#690 of 916 Re: 2011 Camry SE lease Phila Pa area [ptm1]
Sep 24, 2010 (9:25 am)
That's what I suspected, that Camry's need to be sold, but in SoCal, some dealers were stubborn and didn't want to deal like Redlands.
Your package sounds great, its like mine and like you, I needed to get into something fast so this deal was too good to pass.
I don't care so much anymore if I don't have the latest model, its like fashion trends anyway with industry hype to induce more sales.
I had initially considered the Sonata deal but in considering the choice, I thought Toyota was a more proven car model than the Sonata and I don't know or trust the local Hyundai dealers for service.
#691 of 916 Re: 2011 Camry SE lease Phila Pa area [ptm1]
Sep 24, 2010 (5:10 pm)
Nice job on your lease! It is almost identical to mine. I wish I could do 10,000 miles/yr since I drive very little (5 mile round trip to/from work) and I usually drive 8,000 miles/yr.
My last lease (Acura TL Type-S) had 20,500 miles on it after 34 months and I took 3 trips in it that were 1,000 miles each too.
I wasn't really looking at a Camry either, but I really liked the 2011 SE model when I saw them on the dealer lots. Once I found out about the 0.00001MF + $750 lease cash AND great residual, I went for it. I mean c'mon, $254/mo (including tax) for a 2011 car? Wow. I am happy!
#692 of 916 Re: 2011 Camry SE lease Phila Pa area [thebenz]
Sep 24, 2010 (5:17 pm)
I don't care about the latest/greatest/fashiony/hoopla either with cars. I have "been there and done that"......my last 3 cars were: Acura TL Type-S, BMW 328i, and Nissan 350Z.
Now, I am keeping my money and using it wisely......not wasting it on a vehicle that I barely drive and it sits more than I use it. I cut my monthly car payment in HALF (actually more than half) from the Acura, and I have a Camry SE that has pretty much the same "bells and whistles" the Acura did!
#693 of 916 GAP insurance
Sep 24, 2010 (8:03 pm)
I declined to buy it when I structured my lease.
I believe Redland's quoted me around $495 for the 3 year lease term.
I thought my insurance co. would provide it as a simple add-on, but they increased my premium so I'm not staying with them.
It seems in shopping around, I can't find an insurer that offers the same coverage as Toyota Financial's gap insurance does.
Do I need this, given the low negotiated purchase price of $22,750, or should I forget about it?
If its needed, does anyone have insurance companies to refer that will write this into a new policy?
Geico, Liberty, State Farm and others don't carry it in CA.
#694 of 916 Re: GAP insurance [thebenz]
Sep 26, 2010 (1:08 pm)
GAP insurance is usually recommended during the the first 18-24 months on a lease. After that, you won't really need it (according to my insurance agent).
I use The Hartford and Traveller's for my HOME/AUTOS and they are GREAT! The GAP ins was $1.50/mo. thru The Hartford on my 2011 Camry SE.
**Not to mention, both these companies were MUCH less on premiums.
NEVER, EVER buy GAP ins thru the dealer. I learned this many years ago when leasing was first popular, and since then, I just add GAP ins for 2yrs then drop it.
**My dealer wanted $12/mo for GAP ins.