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Toyota Corolla Lease Questions

92 messages,  Last post on Mar 03, 2010 at 11:24 AM

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

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#72 of 92 Re: 2010 Auto S Corolla [shand32783] by mnappi0606 Aug 05, 2009 (1:45 pm)
Replying to: shand32783 (Aug 02, 2009 9:51 am) Yes, I signed a deal to lease the Corolla LE. Nothing out of pocket other than the plates. 12k mi/year for 5 years. Also going towards this deal is a $4500.00 clunker.   MSRP: 17950 Sales Price: 17200 Money Factor: .00047 Residual: 7445   $132 /month
#73 of 92 Re: Lease question [shand32783] by Car_man HOST Aug 13, 2009 (3:19 am)
Replying to: shand32783 (Jul 26, 2009 8:30 am) Hi shane. In a way, both salespeople that you spoke with are right. Normally, Toyota does not provide support on leases that are longer than 36 months. However, when the government rolled out its Cash for Clunkers program, which for some unknown reason only allows people who take advantage of it to lease for 5 years, Toyota responded by launching a special 60-month lease program on select models.   Toyota Financial Services' current buy rate lease money factor for a 60-month lease of a 2010 Corolla is .00047 (this factor may vary by region).   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#74 of 92 2010 Corolla S by danny14 Aug 13, 2009 (9:20 am)
Carman - what are the current residual and MF on 3 years/36k lease for 2010 Manual Corolla S with Extra Value Package leased in Northern Virginia. Is the $1k college rebate combinable with the special lease? Replies to this message: danny14 (Aug 27, 2009 1:34 pm)
#75 of 92 Re: 2010 Corolla S [danny14] by danny14 Aug 27, 2009 (1:34 pm)
Replying to: danny14 (Aug 13, 2009 9:20 am) In addition to that can you give me the residual and MF for 3yr/36k lease on a Corolla LE (model 1838) that's featured under Toyota's current lease special of $149/mo with 1,850 down. This is all for Northern Virginia
#76 of 92 So Cal Leases by yossarian3 Sep 21, 2009 (10:14 am)
Could someone please provide the MF and residual for a 2010 Corolla LE lease? I am interested in the basic 1838 model that is available for $189/month with $839 down.
#78 of 92 Lease Details on Corolla S in SF Bay Area by zaheer Oct 06, 2009 (1:54 am)
We leased a Corolla S, 5-spd Manual transmission with Leather using the special Lease from Toyota Financial:   MSRP - $19,425 Cap Cost - $18,864 MF - 0.00038 Term - 36 months Cap Cost Reduction - $2,180 Residual - $11,223 with 12k miles Monthly Payment - $199.58 ($181.85 + tax) Total Drive-off - $2,995 (includes DMV - $304, Tax on Cap Reduction - $212.52, 1st month's payment - $199.58 + Doc Fee + CA Tire Fee)   We applied the same terms to the Corolla S as with the ad car on Toyota's Website which was the base Corolla LE being offered at $119 per month with $2,999 drive-off. The MF was the lowest that I have seen. There is only about $10 going towards the rental charge; the rest is depreciation. If we had gone with 0 Cap Cost Reduction, the payment would have been $267 with around $800 Drive-off.   If the MF was not subsidized by Toyota Financial, the payment would have been higher by at least $45 per month. Replies to this message: Car_man (Nov 03, 2009 4:03 am)
#79 of 92 October 2009 Lease Terms for 2010 Corolla by christostp Oct 28, 2009 (7:59 am)
Hello Carman,   What should the money factor and residual be for a 2010 Corolla LE for the current lease specials they are running?
#80 of 92 Lease Money Factors and Residual Values by christostp Oct 28, 2009 (1:11 pm)
Hello CarMan or kyfdx,   I am looking for information for a 2010 Corolla LE for a 36 or 39 month lease. I was told that money factor is .0028 and the residual is .70 by Clearwater Toyota. They use Southeast Toyota Finance. These numbers do not sound right to me. Based on the advertised lease special it seems that the money factors should be .00039 - .00050. The residual should be 0.60 - 0.68. Replies to this message: Car_man (Nov 03, 2009 4:09 am) carz (Feb 16, 2010 7:11 pm) phatsprint (Mar 03, 2010 11:24 am)
#81 of 92 Re: Lease Details on Corolla S in SF Bay Area [zaheer] by Car_man HOST Nov 03, 2009 (4:03 am)
Replying to: zaheer (Oct 06, 2009 1:54 am) Congratulations on getting your new Corolla, zaheer. Thanks for taking the time to share the details of your lease with everyone. Real world examples like this are always helpful for people who are in the market for similar vehicles.   If you haven't already, make sure to hop on over to the Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on your recent dealer experience with others as well.   Thanks again and enjoy your new ride!   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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