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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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#139 of 174 Can the rebate be applied to the lease special? by Xcarsalesman Feb 06, 2009 (9:38 am)
Replying to: rvcacar (Feb 04, 2009 8:34 pm) Hi, has anyone had the rebate (500 for SoCal) applied towards the lease with the .00151 lease rate, or is it one or the other? Thanks, J
#140 of 174 Prius Lease in Central NJ by blackjack3 Feb 06, 2009 (6:32 pm)
I am considering leasing a Prius. Can anyone recommend a good Toyota dealer in the vicinity of Summit, NJ (07901)?
#141 of 174 Re: My lease deal... [rvcacar] by LAPRguy Feb 10, 2009 (6:54 pm)
Replying to: rvcacar (Feb 04, 2009 8:34 pm) No, it was not. They actually offered me a touring model and it only modestly effected the price (maybe $10 a more a month...$15 more down). I really wasn't interested in the touring model or the color they had available in that configuration.
#142 of 174 Re: My lease deal... [LAPRguy] by gundamz Feb 11, 2009 (12:53 pm)
Replying to: LAPRguy (Feb 01, 2009 10:09 am) LAPRguy,   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
#143 of 174 Re: Prius Money Factor for January 09 [cmyawn] by Car_man HOST Feb 13, 2009 (3:02 am)
Replying to: cmyawn (Jan 26, 2009 5:25 am) Hi cmyawn. Toyota Financial Services' residual values are the same for all Prius trim levels. Its 36 month, 15,000 mile per year residual for a 36 month lease of an '09 Prius is currently 61%. The residual for an otherwise identical lease of an '08 model is 58%.   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
#144 of 174 Re: Prius Money Factor for January 09 [gerry10] by Car_man HOST Feb 13, 2009 (3:04 am)
Replying to: gerry10 (Jan 26, 2009 8:30 am) Hi gerry10. Unfortunately, since you have physically taken delivery of your new Prius I doubt that you will be able to get Toyota to renegotiate your deal using the enhanced lease program. Sorry that I don't have better news for you.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#145 of 174 Re: Prius Money Factor for January 09 [cmyawn] by Car_man HOST Feb 13, 2009 (3:07 am)
Replying to: cmyawn (Jan 26, 2009 11:55 am) Hey cmyawn. Unfortunately, what you were told is correct. Southeast Toyota is an independent distributor that uses its own captive finance company, SE Toyota Finance, instead of Toyota Financial Services. SE Toyota is actually a pretty annoying entity. They really only serve to add another middle man to the new vehicle purchase transaction that has to profit from your deal. They usually pack new vehicles with all sorts of annoying, over priced, unnecessary add-ons that consumers in your area have no choice but to get if they want a new Toyota.   I personally am so bothered by SE Toyota's existence that if I lived in the Southeastern U.S. I would choose another brand rather than dealing with them.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#146 of 174 Re: Newbie Lease question: Prius [GaryMF] by Car_man HOST Feb 13, 2009 (3:14 am)
Replying to: GaryMF (Jan 30, 2009 12:29 pm) Hi Gary. If you choose to, you can take advantage of Toyota's special lease program on the 2009 Prius and go with a zero down lease. Even though manufacturers usually include down payments on their advertised leases, consumers are always free to go with a zero down lease if they want to.   If I was in your situation, I personally would shop around in the New York area for the lowest possible selling price on the Pius that I wanted. Once I found a price that I was comfortable with, I would have the dealer calculate my car's monthly payment using its buy rate lease money factor. Toyota Financial Services' current buy rate lease money factor for the '09 Prius in its New York region is .00151 for consumers who qualify for its Tier 1+ credit tier.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#147 of 174 Re: My lease deal... [LAPRguy] by Car_man HOST Feb 13, 2009 (3:20 am)
Replying to: LAPRguy (Feb 01, 2009 10:09 am) Congratulations on getting your new Prius, LAPRguy. Thanks for taking the time to give back and share the details of your lease with everyone. If you'd like, you can also hop on over to the Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on your recent dealer experience with others as well. Enjoy your new ride .   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#148 of 174 Lease warranty by jjprius Mar 01, 2009 (11:35 am)
We just signed papers to lease a 2009 Prius yesterday and just when we thought we were done the finance man tried to sell us a Toyota extra care platinum warranty (3 yr warranty $865). I opted for 15,000 miles per year so I will likely exceed the manufacturer 3yr/36,000 mile warranty. The finance man tried to tell us that the Toyota warranty is great for the 1st year but that Toyota only covers manufacturer defects for the following 2 years. He used an example of heat (we live in Phoenix) causing an air bag sensor or other computer sensor problem which would not be covered by the manufacturer. Has anyone else been offered this and does this make sense to purchase or skip? Replies to this message: rmi (Mar 01, 2009 8:47 pm)

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