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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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#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
#114 of 174 Tampa Florida Prius Lease by nfw_prius May 10, 2008 (3:32 pm)
The dealer just quoted me $396 pm for a Base Prius (1220).   15,000 miles a year with matts as the only option. That was with 1,000 down and a 2,000 trade in. I have tier 1 credit.   That's on a car worth 22,574. The web page for this dealer listed a 12,000 mile per year 36 month lease as $281 pm. Just to get you in the door.   Another dealer across town offered $386 pm to be competetive.   I'm goint to lease a VW GTI for $269 a month instead. MSRP is a tiny bit higher on the VW than the the Prius.   For the difference I don't care if the interior iof the VW is made of baby seal skins.   Series: Prius Model: 1220 - Gas/Electric Sedan (CVT) Model Year: 2008 Transmission: Continuously Var. Transmission VIN: JTDKB20U883416874 Color: Magnetic Gray Metallic Interior: Dark Gray Available: 05/22/08 Dealer Name: Stadium Toyota Dealer Phone: 813-872-4881    MSRP Base $21,100 Options $259 Manuf, Delv, Proc & Hndlg $715 Subtotal $22,074 Dealer Fees $500 Total $22,574   60 Months Purchase $417 Assumes 10.0% down payment, 8.5% APR    36 Months Lease $281 Assumes 10.0% down payment
#115 of 174 Re: Prius Lease in NorCal [howac] by Car_man HOST May 27, 2008 (2:52 am)
Replying to: howac (Apr 04, 2008 3:06 pm) Hi howac. Toyota is not currently providing lease support on the Prius in any region. As a result, if you were to lease one through Toyota Financial Services right now, you will have to use its standard lease money factor. The last time that I saw it, TFS' buy rate standard money factor was .00235 for consumers who qualify for its "Tier 1+" credit tier.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#116 of 174 lease evaluation, thanks by kmader Jun 23, 2008 (8:55 am)
Hello, I've never leased a car before, but have been offered a package #6 Prius, the darker grey, for MSRP of $28,300. With taxes etc in California it is around $31,000. This car has been found thru car broker in LA at car dealership in Sacramento, so I'd probably pay a delivery fee of $375.   I have a credit rating of 841.   The lease involves: putting $1000 down 36 months 15,000 miles $538/month residual: $14,900. In contrast, purchase would be $3000 down 60 month loan thru Toyota at 6.29% (seems high) $550/month.   Any advice from you knowledgeable folks? Need it soon. Thanks, Katherine Replies to this message: anttrouble4 (Jun 23, 2008 9:10 am) rmi (Jun 23, 2008 11:04 am)

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