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Toyota Corolla: Lease Questions

83 messages,  Last post on Dec 04, 2009 at 2:53 PM

You are in the Toyota Corolla Forum. Your Hosts are pat & karens

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


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#53 of 83
Re: I am thinking (lease ) 90 Corolla S VS 09 Honda Fit Sport ? which is be by Car_man HOST
Sep 16, 2008 (2:50 am)
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Replying to: movingsale45 (Sep 02, 2008 11:16 am)

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
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Prices Paid: Buying & Leasing Experiences Forum
#54 of 83
Re: 09 Corolla S Lease - Good Deal? [sportjunkies1] by amurphy7
Sep 16, 2008 (3:32 am)
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Replying to: sportjunkies1 (Sep 12, 2008 8:19 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 83
by amurphy7
Sep 17, 2008 (6:12 pm)
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Anyone have feedback?
#56 of 83
Extended warranty---Please advice by rajacorolla
Sep 23, 2008 (4:07 pm)
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I have Tayota Corolla,ce,07/ 59,000kms. Is it worth buying 1400CAD+Tax for 5year/150000 Warranty extension?
#57 of 83
by t_c
Oct 10, 2008 (7:06 pm)
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Whats the money factor on the Corolla this month? (anyone please)
#58 of 83
Trim level break down by t_c
Oct 11, 2008 (9:07 am)
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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
#59 of 83
Re: [t_c] by Car_man HOST
Oct 13, 2008 (4:54 pm)
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Replying to: t_c (Oct 10, 2008 7:06 pm)

Hi t_c. Toyota's lease program for the 2009 Corolla varies depending upon which one of its twelve regions you are in. In most regions, Toyota Financial's current buy rate for a 36 month lease of any '09 Corolla is .00163 for consumers who qualify for its Tier 1+ credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#60 of 83
Need Help !! ASAP on 09 Corolla LE by sfbay998
Oct 16, 2008 (1:31 pm)
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Need Help !! ASAP on 09 Corolla LE in SF Bay Area !!
 
Looking for 09 Corolla LE , MSRP=$16750
 
After few options (CL Cruise Control,KE Keyless Entry,CF Carpet Floor Mats,FE 50 State Emissions) = $18164 on the window sticker
 
what should i start negotiate? if they say they will sell at 1000 above invoice , does it mean $16400+$1000=$17400
 
what would you guys start negotiate?
also ,
is the MF for Corolla is 0.00163 right now?
Residual Value= 61%, but is it 61% of MSRP+options $18164 in the following example? or 61% of invoive price $16400? or without option $15158 ?
 
#61 of 83
Toyota Finance current program by radicimo
Nov 08, 2008 (5:31 pm)
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Anyone know what the terms are being offered by Toyota Finance this month (Nov. 2008) on 2009 model cars?
 
What would the money factor be for an 800+ FICO?
 
Also, what residual should I expect on a 36mo. 12,000/yr lease of a Corolla base model? Is residual different at all for a standard vs. automatic transmission?
 
I'm shopping for a lease right now on a 2009 Corolla base (standard trans.) with only floor mats as an option. My goal is to find one for a capital cost under $14,500 with no money down (except first month), residual 61% or better, money factor .00163 or better. Does this seem like a reasonable expectation?
#62 of 83
Re: Toyota Finance current program [radicimo] by Car_man HOST
Nov 12, 2008 (4:24 am)
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Replying to: radicimo (Nov 08, 2008 5:31 pm)

Hi radicimo. Unfortunately, Toyota's lease program varies depending upon which one of its twelve regions on is in. Fortunately, its November program for the 2009 Corolla appears to be pretty consistent across the country...outside of its Gulf States and Southeast regions.
 
Toyota Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2009 Corolla with 12,000 miles per year are .00163 and 61%, respectively for consumers who qualify for its Tier 1+ credit tier. The problem with these numbers is that TFS places restrictions upon what options can be residualized. This makes it difficult for anyone outside of dealers, who are given a list of the specific dollar residual values for the units that they have in stock, to calculate lease payments on vehicles.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

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