- #11 of 175
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Leasing experiences?
by carrera993
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Jan 08, 2007 (3:33 pm)
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Hi, new to this Prius board. Looking back the previous "leasing" post was back in July 2006, and not much Prius leasing data seems available anywhere (PriusChat included). Is this due to the lack of lease support from Toyota, or are most folks just buying their cars? I'd like to crunch the numbers on a 3 yr lease, but don't have residual, MF data to work with.
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- #12 of 175
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Re: Leasing experiences? [carrera993]
by Car_man HOST
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Jan 25, 2007 (4:53 am)
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Replying to: carrera993 (Jan 08, 2007 3:33 pm)
Welcome carrera993. Historically, Toyota has not provided any sort of support on the Prius, but it has been slowly introducing special programs on it lately. It is now providing special financing rates and special lease money factors on the 2007 Prius in many areas. Toyota's lease program often varies by region. If you tell me what state you are in I may be able to give you an idea of what this car's current money factor and residual value should be like in your area.
Car_man
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- #13 of 175
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lease offer in jan07
by vag1
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Jan 26, 2007 (6:54 pm)
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hello
i am being offered lease of 2007 touring model with package#6 at $ 438 per month for 36 months, 15k miles per year. and $2000 down.
any comments on this offer.
vag1
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- #14 of 175
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Re: Leasing experiences? [Car_man]
by carrera993
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Jan 26, 2007 (9:40 pm)
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Replying to: Car_man (Jan 25, 2007 4:53 am)
Thanks Car_man: I am in the SF Bay area.
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- #15 of 175
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What State?
by addi
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Jan 27, 2007 (4:20 pm)
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Hello Car-Man,
I live in Southern Indiana and I can also visit Kentucky.
Could you give me the M.F. and Residual for these areas.
Thanks. Addie.
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- #16 of 175
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Michigan question
by greenpeace
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Jan 31, 2007 (5:28 am)
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I negotiated a lease for the Prius #6 package of $430/mth at 15k/year. This lease and purchase price is 29,656.70 (after taxes and fees). This is 1000 over the dealer invoice and 1500 under the MSRP.
Is this a good deal? Based on technology develop and the Prius produt life would you recommend leasing or buying?
Thank you.
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- #17 of 175
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PRIUS RESIDUAL
by addi
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Feb 07, 2007 (7:06 am)
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Car_Man
Hello. I am now ready to pull the trigger on a Prius.
Could you give me the residual for FEB for the Prius
Touring with the Pkg #6. I believe the M.F. for 24 months
is 0.0 and 2.9 for 36 months. As you know from previous request above I live in Southern Indiana.
Thanks,
Addi
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- #18 of 175
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Re: lease offer in jan07 [vag1]
by Car_man HOST
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Feb 13, 2007 (2:54 am)
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Replying to: vag1 (Jan 26, 2007 6:54 pm)
Hi vag1. What are this car's MSRP and selling price. These are very important numbers to know because the selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Dealers have been providing some pretty attractive discounts on the Prius lately. If you let me know what these numbers are, I will gladly give you my opinion of this deal.
Car_man
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- #19 of 175
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Re: Leasing experiences? [carrera993]
by Car_man HOST
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Feb 13, 2007 (2:57 am)
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Replying to: carrera993 (Jan 26, 2007 9:40 pm)
No problem carrera993. I haven't seen Toyota's specific lease program for this car in its San Francisco region, but in most other regions Toyota Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2007 Prius with 15,000 miles per year are .00113 and 55%, respectively. Unfortunately, using this data to estimate what the lease payment should be like on the car that you are interested in because unlike most banks Toyota Financial Services' residual values are for "base" vehicles without any options. It places restrictions upon what options can be residualized and caps on the values of the ones that it does allow.
Car_man
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- #20 of 175
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Re: What State? [addi]
by Car_man HOST
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Feb 13, 2007 (3:00 am)
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Replying to: addi (Jan 27, 2007 4:20 pm)
Hello Addie. You never mentioned how long you want to lease your Prius for, so for now I will assume that you are interested in a 36 month lease with 15,000 miles per year. Let me know if you want something different. I'm not sure exactly what region you are in, but if you are in Toyota's Chicago region, its current buy rate lease money factor and residual value for a 36 month lease of a 2007 Prius with 15,000 miles per year there are .00055 and 55%, respectively for consumers who qualify for its "Tier 1+" credit tier and pay a security deposit at lease signing. Unfortunately, using this data to estimate what the lease payment should be like on the car that you are interested in because unlike most banks Toyota Financial Services' residual values are for "base" vehicles without any options. It places restrictions upon what options can be residualized and caps on the values of the ones that it does allow.
Car_man
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Prices Paid Forum
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