Ask the Car People.SM


Toyota Camry: Lease Questions

873 messages,  Last post on Apr 20, 2013 at 6:38 PM

You are in the Toyota Camry Forum.

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

Messages Page 2 of 89

#2 of 873 Re: Toyota Camry: Lease Questions [Car_man] by lmacmil

Sep 01, 2005 (4:27 pm)

Replying to: Car_man (Aug 31, 2005 5:23 pm)
I leased a Camry in April. Just a bit of info. Toyota "residualizes" the options differently than just about everyone else. They use a different residual factor for the options than for the base car. Not a big deal but makes the lease calculation more complicated if you're trying to figure it out yourself from the standard formula.

#3 of 873 Re: Toyota Camry: Lease Questions [lmacmil] by crandleman

Sep 01, 2005 (9:42 pm)

Replying to: lmacmil (Sep 01, 2005 4:27 pm)
I found that out yesterday after I called a dealer a liar. He told me that the residual was off the base MSRP and not the sticker MSRP with the destination included. Problem was that I looked on Edmunds, MSN, leasing guide, and called the 3 other area dealers and they all said that the dealer was wrong. Turns out he wasn't but he was still a liar about MANY other things so it made it easier to walk.
 
Why the hell does Toyota do it this way? Essentially you pay a lot more than you would with other cars.

#4 of 873 Re: Toyota Camry: Lease Questions [crandleman] by lmacmil

Sep 02, 2005 (3:01 pm)

Replying to: crandleman (Sep 01, 2005 9:42 pm)
Who knows why they do it like they do? Even the finance guy at the dealership thought it was stupid. I think it resulted in about $20/month more on my lease payment. That's not all that much compared to the overall cost. Certainly not a deal breaker.

#5 of 873 Re: Toyota Camry: Lease Questions [crandleman] by mi_sat

Sep 04, 2005 (4:13 pm)

Replying to: crandleman (Sep 01, 2005 9:42 pm)
"Why the hell does Toyota do it this way? Essentially you pay a lot more than you would with other cars."
 
And therein lies the answer.

#6 of 873 September Lease Specials by crandleman

Sep 05, 2005 (6:35 pm)

Car_man,
 
Any news on the September specials for the 05 or 06 Camry's? I would like to know the money factor and residual for Tier 2 credit.
 
Thanks,
 
Chris 9/5/05

#7 of 873 Re: Re: Toyota Camry: Lease Questions by Car_man HOST

Sep 11, 2005 (6:07 am)

Excellent point, lmacmil. Toyota Financial Services' option residualization policy is indeed different from that of most other banks. It makes calculating lease payments on Toyotas more difficult.
 
Car_man
Host
Smart Shopper / Prices Paid Forums

#8 of 873 Re: September Lease Specials by Car_man HOST

Sep 11, 2005 (6:09 am)

Hey crandleman. I would be happy to try to give you an idea of what Toyota's September lease program is like on the 2005 and 2006 Camry. However, in order for me to do so I need you to tell me how long you want to lease one for, how many miles per year you need to be able to drive it, and what state you are in.
 
Car_man
Host
Smart Shopper / Prices Paid Forums

#9 of 873 Re: September Lease Specials [Car_man] by crandleman

Sep 11, 2005 (2:47 pm)

Replying to: Car_man (Sep 11, 2005 6:09 am)
Car_man,
 
2006 for 36 months 12,000 miles with Tier 2 credit in Iowa.
 
Thanks

#10 of 873 Re: Re: September Lease Specials by Car_man HOST

Sep 14, 2005 (4:07 am)

Hey crandleman. I have not seen Toyota's specific lease money factor for the 2006 Camry in your area, but in every area of the country that I have seen it for Toyota Financial Services' buy rate lease money factor is .00190. Its 36 month, 12,000 miles per residual value for the '06 Camry is currently 56%.
 
Car_man
Host
Smart Shopper / Prices Paid Forums

#11 of 873 November lease numbers by ogbuffguy

Nov 04, 2005 (11:57 am)

Can i get the November lease rates for a camry 4 cyl LE in southern cali for 36 months/12k miles a year?

Messages Page 2 of 89

To POST a message, please Sign In.

Advertisement

Browse by Category

Browse by Vehicle
   View All Vehicles

Browse by Board
Browse by Topic
View All Topics

Edmunds Community

Advertisement