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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 4 of 88

#31 of 873 Re: High Mileage Leases? [jaxs1] by Car_man HOST

Feb 27, 2006 (3:32 am)

Replying to: jaxs1 (Feb 25, 2006 12:01 am)
Hi jaxs1. The highest mileage allowance that Toyota Financial Services publishes residual values for is 15,000 miles per year. If you need to drive more than this, you will have to purchase additional miles on a per-mile basis. It is less expensive to do so at lease signing than it is to wait until lease-end and have to pay an excess mileage penalty. So the cost of each additional mile will probably be less than the $0.15 to $0.20 that you mentioned, but you will still have to pay on a per-mile basis.
 
Car_man
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#32 of 873 Re: car loan? [gotroot] by Car_man HOST

Feb 27, 2006 (3:38 am)

Replying to: gotroot (Feb 25, 2006 3:21 am)
Hi gotroot. I'm not sure that I understand your question. Are you asking if there are any advantages to getting a loan on a new vehicle? One advantage of getting a loan on a car is it helps to build up your credit. If you do not have much of a credit history, your interest rate on your new car will be high. However, the loan will help boost your credit rating for when you need it, like when you want to buy a house and apply for a mortgage.
 
If you are able to get a very low interest rate on your new car, like the the special 3.9% rate that Toyota is offering on the 2006 Camry right now, another advantage would be the money that you can make by collecting interest on the cash that you would have laid out if you had paid for your car upfront. Let's say that you invest your money in a CD and get 4.5% on it or put it in the stock market and anticipate getting a return of 8% on it. You end up saving the difference between these rates and the 3.9% by financing. You need to compare this savings to the customer cash that you are giving up by opting to go with the special finance rate to see if you come out ahead by financing.
 
Car_man
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#33 of 873 Re: High Mileage Leases? [Car_man] by jaxs1

Feb 27, 2006 (6:43 pm)

Replying to: Car_man (Feb 27, 2006 3:32 am)
Yes, I understand that there is some extra charge for the extra miles, but don't they publish per mile rates for miles purchased beyond 15K miles?
Also, are the extra miles purchased in Toyota's lease program refundable? I know some manufacturers refund extra miles purchased if not used, but don't know the details concerning Toyota leases.

#34 of 873 Car_man, MF and Residual for 2007 Camry, LE, 4cyl by andy2812

Mar 10, 2006 (7:13 pm)

Car_man
 
Can I please have the MF and Residual for a 2007 Camry LE, 4 cyl.
 
Thanks
Andy

#35 of 873 Re: Car_man, MF and Residual for 2007 Camry, LE, 4cyl [andy2812] by Car_man HOST

Mar 23, 2006 (5:58 am)

Replying to: andy2812 (Mar 10, 2006 7:13 pm)
Hi Andy. I haven't seen Toyota Financial Services' new residual values for the 2007 Camry yet. I have not seen any mention of it having any lease support available on it either. IF TFS truly is not providing lease support on the '07 Camry and you were to lease one through TFS, you would have to use its standard money factor of .00265. Even if Toyota doesn't have support on this car now, it definitely will in the near future. Toyota is going to sell a billion new Camrys and it won't be able to do so without an attractive lease program. If I was considering this car right now, I personally would wait a month or two to see what happens with its lease program.
 
Car_man
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#36 of 873 Lease 2007 Camry LE auto by redshift1

Apr 11, 2006 (8:08 am)

I am coming off a 3 year Camry LE lease. I had put $1000 down in 2003 and have been paying $331.00 per month.
My question is - I am going to lease a 2007 LE and I am really not sure if the deal I got in 2003 was that good and therefore, would any take a guess as to what the lease payment of a 2007 LE auto would be in the New York City area with $1000 down.

#37 of 873 Any word on the lease for 2007 Camry? by mariab

May 01, 2006 (10:33 am)

I am hoping to lease a 2007 XLE with Navigation, Stability Control, Smart Key and Heated seats. What deal can I expect in Florida?
Thanks for your help.

#38 of 873 Re: Any word on the lease for 2007 Camry? [mariab] by djpdx1

May 26, 2006 (5:15 am)

Replying to: mariab (May 01, 2006 10:33 am)
Speaking of the 2007 Camry, if you want a hybrid, don't lease it! The Feds are granting a $2600 tax credit (rebate next year when you file) on the hybrid Toyota Camry at least through September 30th, 2006, then it drops to 50%. ($3100 on the Prius) Many states offer additional tax credits-my state is $1500, for a total of $4100. But only if you purchase--leases are excluded. It makes absolutely no sense to lease a hybrid at least for this year.

#39 of 873 wheel wells by jack210

May 26, 2006 (6:44 am)

can someone tell about the felt lining that in under the rear wheel wells of the new 2007 camry xle.ask dealers, but they don't seem to know.is it sound proofing.

#40 of 873 ATL,GA lease prices?? by citymom

May 29, 2006 (6:43 am)

Anyone in the Atlanta, GA area with lease pricing or recommendations for where to go for a 2007 XLE fully loaded with EVERYTHING!!!!!!!!!!!!!!!!! would like to pay less than $400....

Messages Page 4 of 88

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