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

#96 of 108 Re: corolla [phatsprint] by afarsid

Mar 30, 2010 (10:35 am)

Replying to: phatsprint (Mar 30, 2010 9:58 am)
how many miles? be more specific
what state?

#99 of 108 2010 corolla lease Q's by luckywith8s

Jun 10, 2010 (5:01 pm)

Hi-
Hopefully you can help me out. I'm looking for lease deals on a corolla in the Scranton PA area. I'm in zipcode 18512. Can you assist me in finding a good deal? Here's one I've seen-
 
Corolla Sedan (not S)
$139/month
$2000 down plus tax, tags, etc.
 
I wonder what the money factor could be on this. I haven't been in the dealership yet. I'd like to get the down payment down to zero.
 
Thanks for your help!

#100 of 108 Corolla S Type by kenleslie76

Jun 13, 2010 (7:48 am)

Hello All,
I need your help. I want to lease the Corolla S Model Auto. The dealer offer me with $1,400 down and $185 a month for 36 months. The resid value will be $11.3K after. The MSRP is $18,805 not including the anti-theft alarm by the dealer valued at $499. I'm from So Cal and the dealer is in So Cal also. Is this a good deal or I can find something better than this?

#101 of 108 Corolla LE Lease Question by nujoe

Jul 24, 2010 (3:47 pm)

I have been shopping for a Corolla LE in Arkansas with several options that has an MSRP of $19,000.00
I have been quoted a lease deal based upon a sales price of $17,200.00 including a $1000.00 college grad rebate
Money factor is .00002
 
3 yr; 36K
1800 cap cost
$173/month = Arkansas tax = $199
This deal seems to be a bit costly for this vehicle.
Any feedback would be greatly appreciated.Thanks

#102 of 108 Fuccillo Toyota Trying to Renege on Free Maintenance by doyourhomework

Aug 22, 2010 (3:30 pm)

Please help...Fuccillo Toyota in Grand Island NY is trying to renege on the free maintenance portion of our lease agreement. My wife leased a Toyota Corolla in April of this year because Toyota was offering the nationwide free maintenance incentive. Now, in August, we are being told that they're not sure if we "qualify" for the free maintenance. Wasn't the free maintenance incentive offered to EVERYONE in April???
 
Carman and others please help!!!

#103 of 108 Question on Lease Deal in NYC by chudrok84

Sep 17, 2010 (6:46 am)

Hey car_man & kyfdx,
 
I went to a Toyota Dealership in Queens, NY yesterday and walked out with these numbers, I want to run it by you guys to see what you think of the deal:
 
2010 Corolla LE
MSRP: $18000
Agreed Price: $16900, which he says is dealer invoice for this car. I checked on Edmonds and it's pretty spot on.
Residual: $10210
Bank Fee: $650
Money Factor: .00001 (ridiculous!)
Term: 3 yrs, 36000miles
 
My questions:
 
1. So, the dealer is saying that the total will be $228 a month. I did the math using the formulas and I came close to what he showed me. I got $222.03, a difference of 6 bucks. Should my number be spot on or is a difference of 6 okay?
2. Also, is it common that Toyota doesn't include Gap Coverage? The dealer said it can be purchased for $7 a month. Can I negotiate this to be included free of charge?
3. He gave me the residual value but I'm not sure of the residual percentage. How can I find the the residual percentage for this car?
4. I'm trying to bring the total monthly payment to $200-$215.If they won't budge on price then I'd like to try to get a moonroof included in the car for no additional charge. Do you think this is possible?
 
Please give me advice on some negotiating options I may have to bring the price down. Thanks you!

#104 of 108 Toyota Corolla Lease in Wisconsin by moe35

Oct 18, 2010 (10:53 am)

Car_man,
 
I am considering a lease of a basic Corolla LE. What is the current MF and Residual for a 36 month, 12k lease in my region (Wisconsin)?
 
Thanks!

#105 of 108 FYI: Corolla LE lease details -- 01/20/11 by bee213

Jan 22, 2011 (9:23 pm)

FYI
Here are the details of the lease I signed on January 20, 2011 in Massachusetts:
 
Dealer paid off my trade ($29,000 owed)
 
2010 Corolla LE Automatic
$214/mo. for 36 months
12k miles/year
 
$627 out of pocket (included my first month payment of $214)
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