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Toyota Matrix Lease Questions

16 messages,  Last post on Aug 19, 2008 at 11:14 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Toyota Matrix, Car Leasing, Hatchback


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#14 of 16
Re: " Car Care Service Plan" for Matrix lease in NY [mit48] by karaj
Jun 17, 2008 (12:41 pm)
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Replying to: mit48 (Jun 17, 2008 11:09 am)

I am not sure about a leased car - do you have to still do all the servicing?
I bought my car and purchased the pre-paid service plan for my 2007 toyota matrix for ~$600. I have to say, I love it! It really has made all the difference in my servicing the vehicle. Since the price of the service plan is spread out over my entire car payment schedule, it really only added a couple of dollars to my monthly payment. I don't have to come up with the money for the servicing every 5000 miles and I am much more willing to just call up and schedule the service. I got the premium service pack which includes replacing all the filters and such at 30,000 miles. given that this servicing alone is a couple hundred, I believe it is worth it.
#15 of 16
Re: " Car Care Service Plan" for Matrix lease in NY [mit48] by Car_man HOST
Jul 14, 2008 (3:59 am)
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Replying to: mit48 (Jun 17, 2008 11:09 am)

Hi mit48. You definitely should not bother purchasing a pre-paid maintenance plan on a leased vehicle. Performing any maintenance above and beyond changing the oil and possibly rotating the tires on a leased car is a waste of money. There is no rule that you have to take your car leased car to the dealer to have it serviced. You can get the oil changed anywhere you want. Just make sure to save the receipts. This dealer is just trying to drum up more business for his dealer's service department and make money by selling you an overpriced maintenance plan.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#16 of 16
Should I lease or buy the Matrix by gowthaman
Aug 19, 2008 (11:14 am)
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Hi All,
I plan to get a Matrix 2009 for myself. I am not able to decide wheather to buy or lease. Since, everyone is going hybrid i was wondering, if I buy, i may not get a good resale value in next 4 or 5 years. That is the reason for leasing option.
Folks, what is the best residual value. Internet suggests 9,500+ and the dealer is saying (just saying) it will be 11,000. Could anyone suggest me the way to go......
 
I wont be driving the vheicle everyday. Its mainly for the family use during week ends and shopping.
 
Thanks everyone.
Gowtham

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