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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: 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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Replying to: rvcacar (Feb 04, 2009 8:34 pm) |
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| I am considering leasing a Prius. Can anyone recommend a good Toyota dealer in the vicinity of Summit, NJ (07901)? | |
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Replying to: rvcacar (Feb 04, 2009 8:34 pm) |
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Replying to: LAPRguy (Feb 01, 2009 10:09 am) I just came back from a dealership here in NC. They quoted me 379 + tax per month for a package 2 and 12k per yr. How are you getting a package 6 with the same payment I got. And also, the finance manager swore he never heard of 0.00151 MF. Should I keep looking for a better deal? Thanks, Sam |
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Replying to: cmyawn (Jan 26, 2009 5:25 am) Keep in mind though that TFS calculates residual values differently than all other banks do. It places strict restrictions upon what options can be residualized. As a result, it is very difficult for consumers to calculate dollar residual values for Toyota vehicles on their own. Dealers are actually given a list of the dollar residuals for every unit that they have in stock rather than having to calculate them using the percentages like most other brand dealers do. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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