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2004-2009 Toyota Prius Lease Questions

174 messages,  Last post on Sep 09, 2009 at 6:55 PM

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What is this discussion about? Toyota Prius, Hybrid Cars, Car Leasing, Sedan

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#104 of 174 Lease a used Prius? by sk8sonh2o Apr 09, 2008 (6:16 am)
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?
#105 of 174 Just leased an '08 Prius...Good deal? by bratie Apr 14, 2008 (7:36 pm)
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.
#106 of 174 Current Lease terms in SOCAL by anchovy Apr 17, 2008 (5:25 pm)
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! Replies to this message: tphssenior (Apr 18, 2008 1:02 pm) anchovy (Apr 18, 2008 1:10 pm) tphssenior (Apr 18, 2008 5:03 pm)
#107 of 174 Re: Current Lease terms in SOCAL [anchovy] by tphssenior Apr 18, 2008 (1:02 pm)
Replying to: anchovy (Apr 17, 2008 5:25 pm) anchovy,   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. Replies to this message: anchovy (Apr 18, 2008 1:10 pm) tphssenior (Apr 18, 2008 5:03 pm)
#108 of 174 Re: Current Lease terms in SOCAL [tphssenior] by anchovy Apr 18, 2008 (1:10 pm)
Replying to: tphssenior (Apr 18, 2008 1:02 pm) Interesting. the best I have gotten so far is 478 pm with nothing down and 12K miles.   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 Replies to this message: tphssenior (Apr 18, 2008 5:03 pm)
#109 of 174 Re: Current Lease terms in SOCAL [anchovy] by tphssenior Apr 18, 2008 (5:03 pm)
Replying to: anchovy (Apr 18, 2008 1:10 pm) It was around 3 weeks ago. They said it was a $100 over invoice deal.
#110 of 174 Why No #3 in SoCal? by rmi Apr 20, 2008 (7:14 pm)
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.
#111 of 174 Prius by udpride Apr 25, 2008 (10:31 am)
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? Replies to this message: tphssenior (Apr 30, 2008 8:19 pm)
#112 of 174 Re: Prius [udpride] by tphssenior Apr 30, 2008 (8:19 pm)
Replying to: udpride (Apr 25, 2008 10:31 am) You may want to check that again. I would imagine that the residual percentage on the Infiniti is quite a bit higher than on the Prius. The Prius is in the mid 50% range. The Infiniti is probably in the low to mid 60% range. Also, the money factor on the Prius is nothing special (.00245) while Infiniti often buys down the money factor. One other point is that Toyota rolls in a $550 bank fee into the lease payment.
#113 of 174 Southern California 08 Prius Package 2 by ssinc May 07, 2008 (3:35 pm)
Hello everyone, I have been shopping around Southern California like crazy for an 08 Prius Package 2 and this is what I have from Longo Toyota:   Adjusted Cap Cost: $23,966.71 Residual Value: $13,510 Base Monthly Payment: $386.03 Total Monthly Payment: $417.88   This is on a 36 month lease, 15,000 miles, Cash Down: $1,000 Lease,   The salesperson said his MF was .00245 but my math shows .00255, nonetheless, any oppinons on this so called deal, let me know. Anyone else have any lease information on the same Prius, any help is appreciated

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