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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: cmyawn (Jan 15, 2009 11:42 am) Oh, and for what it's worth in my state (KS/MO) Toyota just yesterday (1.14.09) started a $750 dealer cash incentive with the Prius.
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Replying to: gerry10 (Jan 15, 2009 12:10 pm) In looking at the incentives page on edmunds.com, that is also true in NC. So a dealer selling at invoice is still making the $750. Plus holdback. Plus his dealer prep profits. |
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Any opinions on this lease? Any suggestions for a good online or telephone lease advisor? Bob Richards Toyota (SC) I reside in Aiken, SC 2009/1224 A Silver Pine Mica/FA 41 MSRP $23,375.00 Package 3 $2,555 Delivery, processing and handling fee $775.00 "Extra Value Package MSRP Discount -$450 Total $26,255 Closed end lease worksheet from dealer: 36 months, 15,000 miles/year Selling price $24,711.25 $300 SC sales tax & $39 registration Subtotal $25,050.25 "Administrative" fee $895 "Closing" fee $499 Gross Cap Cost $26,444.25 Cap Cost Reduction - Rebate/non-cash credit $2262.68 Adjusted Cap $24,181.57 Residual Value $15,061.68 Total Depreciation $9119.89 Monthly Depreciation $253.33 Monthly Rent Charge .00279 (Approx. 6.7%) $109.49 Total Rent Charge $3941.63 Base Monthly Payment $362.82 Total of Base Monthly Payments $13,061.52 No Security Deposit indicated on worksheet -------------------------------------------- Residual Value Calculation MSRP $26,424.00 (on lease document) Difference of this number from sticker MSRP of $23,375 = $3049+ Difference of $1930+ when Package 3 costing $2,555 is included in sticker MSRP (Does not include the delivery, processing and handling fee of $775 or $450 discount). x 57% residual = $15,061.68 ------------------------------------------- |
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Replying to: gerry10 (Jan 12, 2009 3:08 pm) TFS' 36 month, 15,000 mile per year residual value for the '09 Prius is 61%. The resid for a lease with only 12,000 miles per year would be 2% higher. Keep in mind though that these percentages are for base models with no options. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: Car_man (Jan 26, 2009 2:44 am)
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Replying to: Car_man (Jan 26, 2009 2:44 am)
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Replying to: Car_man (Jan 26, 2009 2:44 am) We must go by SOUTHEAST TOYOTA and not Toyota Financial Services. It must not be in this region. We have called TOYOTA JUST TO MAKE SURE ON MY END. SORRY Anyone else in the southeast seeing this same thing?
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I am new to this site..have been reading the Top 10 lists etc. I live in New York and don't own a car but am moving to the Bay Area and need to buy one. I love the Prius (I rent them often via Zipcar) and want to get one once I'm there. I was planning on leasing since I'd rather not make a 5 year commitment right now. In the NY Metro area they are advertising a lease special of $219 for a 5 year leas but like $2600 down. It expires in Feb 2. The article on here suggets that paying a lot up front is stupid. I also wasn't planning on getting the car till I move (although my company will pay for me to move a car if need to). When I go on Toyota.com it seems like to lease a base Prius in SF is like $460. Any advice on how to approach this? I have only owned 1 car ever 20 years ago. I want a Prius but doesn't have to be the top of hte line but I would like GPS in it.
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I've got so much info reading this forum for years, so thought I would return the favor on my deal yesterday: Prius, Magnetic Grey, Package 6: Drive off: 717.89 Monthly payment: 406.19 including tax ($374 I think without tax) Terms: 36 months Mileage: 15K per year Cap cost: 26966.99 Residual: $15784. Money factor: .00151 Negotiated this all online, with a local dealership that was willing to deal via email (sent out several emails, only 2 got back to me). Very easy purchase. Hamer Toyota in Mission Hills was aggressive in price right off the bat, and it certainly helped that they recently reduced the money factor and MSRP. Curious what the new deal will be in a few days, but felt I got a good deal on a car that made little sense to lease until now (IMHO). Best of luck to you all! And thanks to all who contribute their experiences...it really educated me and made me a better buyer. |
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Replying to: LAPRguy (Feb 01, 2009 10:09 am)
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