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Toyota Camry: Lease Questions

518 messages,  Last post on Nov 24, 2009 at 5:16 AM

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

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#507 of 518 Re: Better Deals [nfortune] by vchad Nov 02, 2009 (7:00 pm)
Replying to: nfortune (Nov 02, 2009 1:31 pm) yes, it DOES include taxes, AND gap insurance. (the gap was 350, which I had them add it into the lease).   Yes, fitzmall is mostly eastcoast, but honestly the deals they give, you could pay shipping and probably still be better off then buying locally.
#508 of 518 Re: 2010 Toyota Camry [livewire1] by Car_man HOST Nov 03, 2009 (2:49 am)
Replying to: livewire1 (Oct 15, 2009 5:15 pm) Hey livewire1. The easiest way to tell how good a deal a lease is is to take a look at the selling price that it is based upon. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Anyone who is leasing should find out how much they are being charged for the car that they want before they sign on the dotted line. Let me know what this car's selling price is and I'll tell you what I think.   Also, make sure that the dealer is using Toyota Financial Services' current buy rate lease money factor of .00050 (for consumers who qualify for its top credit tier) to calculate your monthly payment.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#509 of 518 Re: MF and Residual for 2010 Camry SE [kazanjig] by Car_man HOST Nov 03, 2009 (2:54 am)
Replying to: kazanjig (Oct 24, 2009 6:30 pm) Hi kazanjig. Toyota's lease program varies by region. I don't recall seeing its exact money factor for your area, but I suspect that it is around .00050 for up to 36 months right now.   Toyota Financial Services' current residual value for a 36 month lease of a 2010 Camry SE with 15,000 miles per year is 63%. The problem is that Toyota's published residual values are for base vehicles. It places restrictions upon what options can be residualized that make it difficult to calculate the actual dollar residual value for specific units, so much so that it provides dealers with a list of the actual dollar residuals for the units that they have in stock.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#510 of 518 Re: 2010 Toyota camry XLE V6 -Car man question [chasva] by Car_man HOST Nov 03, 2009 (2:57 am)
Replying to: chasva (Oct 30, 2009 2:39 pm) Hi chasva. In most areas, Toyota Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2010 Camry XLE V6 with 15,000 miles per year are .00050 and 63%, respectively for consumers who qualify for its top aka Tier 1+ credit tier.   The problem is that Toyota's published residual values are for base vehicles. It places restrictions upon what options can be residualized that make it difficult to calculate the actual dollar residual values for specific units, so much so that it provides dealers with a list of the actual dollar residuals for the units that they have in stock.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: vchad (Nov 03, 2009 4:03 am) keepingitclean (Nov 05, 2009 6:33 pm)
#511 of 518 Re: 2010 Toyota camry XLE V6 -Car man question [Car_man] by vchad Nov 03, 2009 (4:03 am)
Replying to: Car_man (Nov 03, 2009 2:57 am) Carman,   you are correct in your info. But for an 10 SE model, for 12k miles alone, on An SE msrp of around 27400, the residual value was actually around (58.7-59%). So with 15k miles, ur easily 57 or high 56.   Toyota does leasing residuals very differently, and I feel is because, they tell they you they are giving you "extra value packages" at such a discount, but really tho ur getting a deal on the options, they are getting the money back on the lower residuals.   So best bet is to just lease the base models...but ehh.
#512 of 518 Re: lease purchase [davidlni] by keepingitclean Nov 03, 2009 (6:33 pm)
Replying to: davidlni (Dec 26, 2005 3:04 pm) Hi Car_Man,   Can you please post the residual and money factor for Camry SE V6 (24 and 36 months 15k/year), I am in the Southern California Region 91789.   Thanks!!! Replies to this message: Car_man (Nov 24, 2009 5:13 am)
#513 of 518 Re: 2010 Toyota camry XLE V6 -Car man question [Car_man] by keepingitclean Nov 05, 2009 (6:33 pm)
Replying to: Car_man (Nov 03, 2009 2:57 am) Hi Car_Man,    Can you please post the residual and money factor for Camry SE V6 (24 and 36 months 15k/year), I am in the Southern California Region 91789.    Thanks!!!
#514 of 518 Please help,want out of Honda Pilot07 lease. by cinweed2 Nov 07, 2009 (6:28 am)
I am currently in the 29th month of a 66 month lease for a Honda 2007 Pilot Ex, $353 a month. I want out, The pay off is 20,173,the residual is 10,176.I have only 12,500 miles on it.The Kelley Blue Book value is 21,500.It is leased with Huntington Bank. I am located in Florida. I prefer not to return to the Honda dealership, I want to go to a Toyota dealer and BUY a USED Toyota and have them roll the money I owe into the loan.(Will banks do this?) The Honda is to big for me and I want a monthly payment around $250/ $300 a month. I am a first time leaser, never again! I do not want to keep this Honda for 6 1/2 years, right now it is in excellent shape with very low mileage. Will a dealer want it? How long are you allowed to finance a used car? Thanks for any help! Replies to this message: Car_man (Nov 24, 2009 5:16 am)
#515 of 518 Carmax by koho955 Nov 08, 2009 (4:56 pm)
The Carmax in Kenosha WI is a also a Toyota dealer and thus sells new as well as used Toyotas. For a NEW 2010 Camry V-6 XLE loaded with every option available and an MSRP of $31,475.00 and a sell price of $28,528.00. They want $360/month for a lease with 0 down, 15,000 miles per year for 36 months. 1) is this a good price & 2) has ANYONE bought a NEW Toyaota from Carmax? Replies to this message: 10sfan (Nov 20, 2009 11:21 am)
#516 of 518 Re: Carmax [koho955] by 10sfan Nov 20, 2009 (11:21 am)
Replying to: koho955 (Nov 08, 2009 4:56 pm) I have a quote for an XLE V-6 MSRP$30,395/$27,134 with rebate, plus TTL. Libertyville Toyota was lower by $400 as was Wilde Toyota. Once you get them committed to the lowest sales price then the monthly lease cost should be based on Toyota Financial Services current vehicle residual %, money factor and on your qualifications for their credit tiers. Buy it from who ever offers the lowest price. Warranty service is through any Toyota Dealership

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