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Toyota Corolla Lease Questions

64 messages,  Last post on Nov 21, 2008 at 2:43 AM

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

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#55 of 64 by amurphy7 Sep 17, 2008 (6:12 pm)
Anyone have feedback?
#56 of 64 Extended warranty---Please advice by rajacorolla Sep 23, 2008 (4:07 pm)
I have Tayota Corolla,ce,07/ 59,000kms. Is it worth buying 1400CAD+Tax for 5year/150000 Warranty extension?
#57 of 64 by t_c Oct 10, 2008 (7:06 pm)
Whats the money factor on the Corolla this month? (anyone please) Replies to this message: Car_man (Oct 13, 2008 4:54 pm)
#58 of 64 Trim level break down by t_c Oct 11, 2008 (9:07 am)
can someone give me a simple trim level break down on the Corollas?   it seems like everything is an option, and that drives the price pretty high for a Corolla
#59 of 64 Re: [t_c] by Car_man HOST Oct 13, 2008 (4:54 pm)
Replying to: t_c (Oct 10, 2008 7:06 pm) Hi t_c. Toyota's lease program for the 2009 Corolla varies depending upon which one of its twelve regions you are in. In most regions, Toyota Financial's current buy rate for a 36 month lease of any '09 Corolla is .00163 for consumers who qualify for its Tier 1+ credit tier.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#60 of 64 Need Help !! ASAP on 09 Corolla LE by sfbay998 Oct 16, 2008 (1:31 pm)
Need Help !! ASAP on 09 Corolla LE in SF Bay Area !!   Looking for 09 Corolla LE , MSRP=$16750   After few options (CL Cruise Control,KE Keyless Entry,CF Carpet Floor Mats,FE 50 State Emissions) = $18164 on the window sticker   what should i start negotiate? if they say they will sell at 1000 above invoice , does it mean $16400+$1000=$17400   what would you guys start negotiate? also , is the MF for Corolla is 0.00163 right now? Residual Value= 61%, but is it 61% of MSRP+options $18164 in the following example? or 61% of invoive price $16400? or without option $15158 ?
#61 of 64 Toyota Finance current program by radicimo Nov 08, 2008 (5:31 pm)
Anyone know what the terms are being offered by Toyota Finance this month (Nov. 2008) on 2009 model cars?   What would the money factor be for an 800+ FICO?   Also, what residual should I expect on a 36mo. 12,000/yr lease of a Corolla base model? Is residual different at all for a standard vs. automatic transmission?   I'm shopping for a lease right now on a 2009 Corolla base (standard trans.) with only floor mats as an option. My goal is to find one for a capital cost under $14,500 with no money down (except first month), residual 61% or better, money factor .00163 or better. Does this seem like a reasonable expectation? Replies to this message: Car_man (Nov 12, 2008 4:24 am) radicimo (Nov 13, 2008 2:36 pm) Car_man (Nov 21, 2008 2:43 am)
#62 of 64 Re: Toyota Finance current program [radicimo] by Car_man HOST Nov 12, 2008 (4:24 am)
Replying to: radicimo (Nov 08, 2008 5:31 pm) Hi radicimo. Unfortunately, Toyota's lease program varies depending upon which one of its twelve regions on is in. Fortunately, its November program for the 2009 Corolla appears to be pretty consistent across the country...outside of its Gulf States and Southeast regions.   Toyota Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2009 Corolla with 12,000 miles per year are .00163 and 61%, respectively for consumers who qualify for its Tier 1+ credit tier. The problem with these numbers is that TFS places restrictions upon what options can be residualized. This makes it difficult for anyone outside of dealers, who are given a list of the specific dollar residual values for the units that they have in stock, to calculate lease payments on vehicles.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: radicimo (Nov 13, 2008 2:36 pm) Car_man (Nov 21, 2008 2:43 am)
#63 of 64 Re: Toyota Finance current program [Car_man] by radicimo Nov 13, 2008 (2:36 pm)
Replying to: Car_man (Nov 12, 2008 4:24 am) Well, I am in Texas, which I suppose is in the Gulf States region? Thanks for the information though.   I have decided to go the loan & buy route. This way I can take advantage of the $1000 rebate, and I don't have to sweat things like mileage overages and minor damage. Replies to this message: Car_man (Nov 21, 2008 2:43 am)
#64 of 64 Re: Toyota Finance current program [radicimo] by Car_man HOST Nov 21, 2008 (2:43 am)
Replying to: radicimo (Nov 13, 2008 2:36 pm) No problem, radicimo. You're right, Texas is in Toyota's Gulf States region. If you think that you might have exceeded your mileage limit, financing was probably the way to go. Enjoy your new car .   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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