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Toyota Camry Lease Questions

366 messages,  Last post on Aug 27, 2008 at 1:46 PM

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

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#81 of 366 2007 Camry Lease Options by christostp Oct 23, 2006 (5:21 pm)
Car Man,   I have a few questions and really need your expertise.   What is the residual value for the 2007 Camry? Is it the same for the LE & XLE? I was told that it was 50% for a 36 month lease with 12K miles and 47% for a 48 month lease with 12K miles. This doesn't quite seem right to me.   What is the money factor that a Tier 1 credit, repeat TMC customer would get. I keep seeing .00295, shouldn't it be .00195?   I am trying to pick up a 2007 LE or XLE with leather and nav but I want to make sure that I have the lease terms down.
#82 of 366 2007 Toyota Camry Lease by christostp Oct 24, 2006 (8:34 pm)
Hello Car Man...   I was wondering if you had anything on these Camry Lease programs for us?
#83 of 366 2005 Camry damaged by leob1 Oct 27, 2006 (7:09 pm)
Someone ran into my leased Camry! My car was parked and is pretty ugly now, with extensive damage to driver's side rear quarter panel area including the door and maybe axle. My insurance company says they will handle it, since the driver had no insurance! Has anyone else been through a similar experience? Any advice would be appreciated on dealing with a lease car in this situation. Not sure where to go right now and am concerned about end of lease charges.   Thanks Replies to this message: Car_man (Nov 30, 2006 4:15 am)
#84 of 366 24 Month 62% Residual for a Camry?? by ed108 Oct 28, 2006 (7:36 pm)
I was at a Toyota dealer today and was told the residual for a Camry SE is 62% for 24 months and 58% for 36 months. A 4% difference between 24 and 36 months? Something doesn't sound right there.   By comparison a Honda dealer quoted me a 71% residual for an Accord on a 24 month lease so. 62% on a Camry sounds crazy. Any thoughts?   This was for 12K a year by the way. Replies to this message: jl100 (Oct 29, 2006 12:28 pm)
#85 of 366 Re: 24 Month 62% Residual for a Camry?? [ed108] by jl100 Oct 29, 2006 (12:28 pm)
Replying to: ed108 (Oct 28, 2006 7:36 pm) My Totoya salesman said that Honda always had better leases in general. Not sure why Toyota is waiting to promote better leases on the Camry, probably because the demand is so high as evidenced by the fact that the local dealer can't keep the Camry's in stock. The residual is probably really that different because Toyota Corp is not pushing the lease on the Camry. Hopefully they will soon.
#86 of 366 2007 Camry Lease Money Factors by christostp Nov 01, 2006 (10:25 am)
I just found out that there are actually 2 different Tier 1 lease programs offered by Toyota Finance, Toyota Motor Credit, Lexus Financial.   1. (Tier1 Special Lease Rate Discount ) Beacon Score 720+ - Zero Sec. Dep. - FL The MF(money factor)= .001940   2 (Tier1 Encore Special Lease Rate Discount ) Beacon Score 720+ - Zero Sec. Dep. - FL The MF(money factor)= .001840   FYI...I was told directly by a rep at TMC/LFC (Toyota Motor Credit/Lexus Financial Service) that the Tier 1 Encore program is what a previous or repeat Toyota/Lexus customer with a perfect pay history with them should be paying.   Does anyone know of any other Tier 1 programs or Encore programs for other Tiers that are offered?   Does anyone know what are the residual values that are being used for:   36/mo, 12K/yr lease? or 39/mo, 12K/yr lease? Replies to this message: somd_driver (Nov 14, 2006 6:47 am) Car_man (Nov 30, 2006 4:44 am) Car_man (Nov 30, 2006 4:20 am)
#87 of 366 Car_Man: Camry Hybrid Lease Questions by stalnaker Nov 02, 2006 (1:31 pm)
Car_Man:   I am interested in leasing a fully loaded Camry Hybrid (w/Option Combination C). The dealer is charging full MSRP, which is $30,730 (including the $620 destination charge).   Please give me money factor, residual, and lease payment for 3 years; 45,000 miles. When I calculate this on the Toyota.com web site, it comes to $518/month (assuming I pay the $400 acquisition fee, $500 security deposit, and first payment upfront). I think that sounds a little high.   Thanks!   Ernest Replies to this message: Car_man (Nov 30, 2006 4:24 am)
#88 of 366 Camry Hybrid Lease by moolman Nov 14, 2006 (1:12 am)
I'm in the same situation as the person above so hopefully, Car_Man can help both of us out.   Camry Hybrid fully loaded. MSRP is 30730 just like the guy above. I want to lease the car for 3 years and 15K a year.   Anybody have any idea what the best residual and money factor should be from Toyota. I qualify for Tier 1 credit.   Thanks   Alex Replies to this message: Car_man (Nov 30, 2006 4:25 am)
#89 of 366 Re: 2007 Camry Lease Money Factors [christostp] by somd_driver Nov 14, 2006 (6:47 am)
Replying to: christostp (Nov 01, 2006 10:25 am) Christostp; The Money Factors you have are better than quotes I am getting my local dealer in the DC area on Camry LE's. I'm hearing 0.00295, which is about 7.1%.   Car_Man and kyfdx: Can you shed some light here? What are the Tier 1 Special lease rate MF's for a Camry LE Automatic in the DC area? I have the residuals from the dealer, on paper, but they simply told me the MF. Thanks! Replies to this message: Car_man (Nov 30, 2006 4:44 am)
#90 of 366 Re: Toyota Camry: Lease Questions [Car_man] by mrum Nov 28, 2006 (11:54 am)
Replying to: Car_man (Aug 31, 2005 5:23 pm) Hi Car Man -   Do you know of any lease specials on the Toyota Camry SE or LE in Southern California? I am comparing the Camry to the Mercedes C230. Replies to this message: Car_man (Nov 30, 2006 4:46 am)

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