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Prices Paid: Buying & Leasing Experiences Toyota Camry Lease Questions
366 messages, Last post on Aug 27, 2008 at 1:46 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Hello Car Man... I was wondering if you had anything on these Camry Lease programs for us? |
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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
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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.
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Replying to: ed108 (Oct 28, 2006 7:36 pm) |
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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?
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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
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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
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Replying to: christostp (Nov 01, 2006 10:25 am) 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!
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Replying to: Car_man (Aug 31, 2005 5:23 pm) 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.
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Replying to: leob1 (Oct 27, 2006 7:09 pm) Car_man Host Prices Paid Forum |
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