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Toyota Corolla: Lease Questions

108 messages,  Last post on Nov 15, 2012 at 11:39 AM

You are in the Toyota Corolla Forum.

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

Messages Page 6 of 11

#49 of 108 09 Corolla S Lease - Good Deal? by amurphy7

Sep 11, 2008 (12:40 pm)

Hello everyone,
I'm trying to assist my mother in leasing a new vehicle. She's been quoted $300/mo with $1k down for a '09 Corolla S 3yr/36k lease. I haven't seen the car or the option list - I just got off the phone with her. Personally, I think this is high. She said the residual is $10.5k. I'm no leasing expert, but I'd expect something in the mid $200/mo range. Heck, my wife's '08 Ford Edge has a $30k sticker on it and we pay $360/mo with zero down for a 3yr/36k lease. Please advise.
Thanks!

#50 of 108 Re: 09 Corolla S Lease - Good Deal? [amurphy7] by sportjunkies1

Sep 12, 2008 (9:19 am)

Replying to: amurphy7 (Sep 11, 2008 12:40 pm)
where does you mother live and I can be able to help you.

#51 of 108 by nagual

Sep 13, 2008 (2:38 pm)

Here's my offer from a Los Angeles-area dealer:
 
Corolla LE
12,000 miles/year (more than enough for me)
No money down
$257/month includes taxes
.00188 money factor
about $500 to drive off the lot - includes first month's payment and DMV fees
my negotiated price with discounts is $17,499 including the $650 acquisition fee
About a 61-62% residual
 
It's a much better offer than I've received so far from other places on comparable cars. But can I get this lower somehow? I've never leased before, BTW.
 
Thanks.

#52 of 108 Re: Is this a good deal? [wondra14] by Car_man HOST

Sep 16, 2008 (3:20 am)

Replying to: wondra14 (Aug 25, 2008 3:58 pm)
Hi wondra14. You never mentioned the selling price or MSRP of the car that you are interested in leasing. These are important numbers for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing what this vehicle's selling price is in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. I am sure that either myself or another community member would be happy to give you their opinion of this deal if you let us know what these numbers are.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#53 of 108 Re: I am thinking (lease ) 90 Corolla S VS 09 Honda Fit Sport ? which is be by Car_man HOST

Sep 16, 2008 (3:50 am)

Replying to: movingsale45 (Sep 02, 2008 12:16 pm)
Hi movingsale45. A 1990 Toyota Corolla will definitely be much less expensive than a 2009 Honda Fit. I kid, I kid. Just poking fun at the typo . If you are set on leasing, I suspect that the Corolla will be the better choice for you right now. Toyota is providing lease support on the '09 Corolla, but Honda is not providing any lease support on the Fit.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#54 of 108 Re: 09 Corolla S Lease - Good Deal? [sportjunkies1] by amurphy7

Sep 16, 2008 (4:32 am)

Replying to: sportjunkies1 (Sep 12, 2008 9:19 am)
Detroit area. 48240
 
Here's what she just sent me from the dealer...
 
> Retail
> Vehicle Base Model ....................: $ 16320.00
> Total Accessories .....................: $ 2044.00
> Destination Charge ..........................: $ 720.00
 
Total .......................................: $ 19084.00
>
> Residual Value ...: 24 36 48 60
> ------- ------- ------- -------
> STD 11,773 10,630 8,823 7,354
> LOW 10,957 9,150 7,681
>

#55 of 108 by amurphy7

Sep 17, 2008 (7:12 pm)

Anyone have feedback?

#56 of 108 Extended warranty---Please advice by rajacorolla

Sep 23, 2008 (5:07 pm)

I have Tayota Corolla,ce,07/ 59,000kms. Is it worth buying 1400CAD+Tax for 5year/150000 Warranty extension?

#57 of 108 by t_c

Oct 10, 2008 (8:06 pm)

Whats the money factor on the Corolla this month? (anyone please)

#58 of 108 Trim level break down by t_c

Oct 11, 2008 (10:07 am)

can someone give me a simple trim level break down on the Corollas?
 
it seems like everything is an option, and that drives the price pretty high for a Corolla

Messages Page 6 of 11

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