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Prices Paid: Buying & Leasing Experiences 2004-2009 Toyota Prius Lease Questions
174 messages, Last post on Sep 09, 2009 at 6:55 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: tphssenior (Mar 22, 2008 7:01 am) Prius (Seaside Pearl Blue) with Package #6 (leather) & floor mat package $26600 negotiated price ($1280 under sticker) $1558 down, registration, doc fee & tax $507 / month for 24 months, .00265 money factor $16458 residual (I was amazed that the two and three year residual were only about $1000 difference) No sales tax on Prius's in CT. Thanks again, Stormy |
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| I am coming up on the end of my lease on my 2005 Prius in January '09, starting to think now about my options, because I am starting to run up against my mileage. I have a lease for 60K miles, and am at 52,000 now. The residual at the end of my lease is $9,750. I'm leaning towards purchasing at the end of my lease, because I would like to hold out purchasing a new vehicle until a plug-in option becomes available, hopefully in the next several years. As an alternative, I was thinking about turning it in, and getting a new one with a shorter lease term/loan term. How likely is it that 1) the dealer lets me turn in early as long as I am getting my new car from them, or 2) they give me a grace on the mileage, again as long as I am getting a new vehicle from them. | |
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Can you comment on advisability of leasing a used Prius, eg, a 2007 with 30k miles for 3 years? Asking price $23K, prob nego price 22K? Estimate payment with $2000 down? Should I look into an old prius and putting new batteries in it, as a purchase? |
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Hello everyone, I am in SoCal and just leased a '08 Prius with package two. I had a trade-in worth $1,000 and put $650 down. My price is $355/mo for 36 months with 12,000 miles. I feel like that's a pretty good deal. I leased it at Toyota of Hollywood from a great guy named ROY. |
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Seems these change so fast. And with gas over $4 feels like there's no wiggle room. Any thoughts on this from recent SOCAL Lease takers: Package 6 12K miles p.a. MSRP( really?) $27,884 (inc mats) Residual: 15,110 (that sounds more like 15K miles to me) zero down, $768 drive off total $487 per month The fleet manager did offer $400 p.m . with 3500 down so I know theres some room. I'm not looking to break balls, just get the fairest deal poss that I feel top tier credit deserves. And remain slightly indignant / entitled... thanks!
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Replying to: anchovy (Apr 17, 2008 5:25 pm) That means you're paying approx $27,000 for the car. I've seen it go for a lot less on the forum - more like $26,400 which would make the payments around $465. I'm assuming the payment included tax? I worked out a deal in So Cal for $464 a month including tax for a 15K, 36 month lease with 0 down on a pkg 6.
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Replying to: tphssenior (Apr 18, 2008 1:02 pm) A friend on mine scored the same lease for 420 a month and 1500 down - lucky boy tphssenior - how long ago did you get that lease? I know they are getting tight
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Replying to: anchovy (Apr 18, 2008 1:10 pm) |
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| Does anyone know why you can't get a Package #3 in SoCal? You can get one in San Francisco, but not in Los Angeles. | |
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Im looking at possibly leasing a Prius in another year or so. Im having trouble rectifying the lease prices however and why they are so high for a ~$25,000 car. Im currently in a lease on a $38,000 G35X and paying $380/mth 39mths $1000 down 15K miles a year. The residuals on both cars are leaders in the industry. Money factors all competitive, etc. For a $13,000 cheaper car the lease terms should be far more competitive on the Prius than I'm being offered. Based on the same criteria on my Infiniti, we should be talking around $300/mth. There are some tax incentives in Ohio for hybrids, but I wouldnt call them significant enough to be THE major factor. We also dont have any carpool lanes or special parking privileges. I dont see gas prices falling any time soon, so Im also looking the new VW TDIs which will be out later, however neither hybrid/diesel option gives me a car thats really suited for the snow belt. And at the leasing price points Im seeing, Im not convinced yet I can justify the inflated lease terms on a car with a relatively low MSRP. The MPG of the car should really have nothing to do with the lease terms since the lease pricing is all a product of MSRP, though I admit the MPG will save me money. But probably not enough to make a windfall over a 3yr lease to substantiate the other items Ive outlined. Were I purchasing with cash, the car would seem like an extremely competitive deal however. Is the fnancing arm still Toyota Motor Credit?
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