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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

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


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#154 of 174
Re: Stuck in CA cannot move with Prius Lease [Car_man] by gagrice
Apr 14, 2009 (1:12 pm)
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Replying to: Car_man (Apr 14, 2009 1:59 am)

I will let him know your response. Thank you, He needs to do something soon. I think he is headed to Hawaii the 1st of June.
#155 of 174
Re: Stuck in CA cannot move with Prius Lease [gagrice] by Car_man HOST
Apr 15, 2009 (1:42 am)
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Replying to: gagrice (Apr 14, 2009 1:12 pm)

You're welcome, gagrice. Sorry that I don't have an easier solution.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#156 of 174
Leasing in New Jersey by dmkaye
Apr 18, 2009 (5:18 am)
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I am interested in leasing a Prius -Package #6 for 36 months, 12k /yr.
I live in Northern New Jersey
 
Anyone have any recent leasing quotes you would like to share?
 
Thanks.
#157 of 174
Re: Leasing in New Jersey [dmkaye] by blackjack3
Apr 18, 2009 (4:04 pm)
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Replying to: dmkaye (Apr 18, 2009 5:18 am)

Here is what I got at Toyota of Morristown: Package #6 for 36 months, 15k/yr. $300 per month with zero down, other than first month lease payment.
#158 of 174
NJ Lease by dmkaye
Apr 18, 2009 (6:37 pm)
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$300 for 36 months?
 
I was told it would be in the high 300s
 
Did that include taxes? Did you finalize the deal and, if so, recently?
 
Can you share the cap cost, residual value, money factor, etc.
 
Seems to me your price is very cheap. You are a better negotiator than me!
#159 of 174
Re: MF and residual for SoCal [Car_man] by czango
Apr 23, 2009 (8:33 am)
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Replying to: Car_man (Mar 20, 2009 3:01 am)

Car_man
Do you know the money factor & residual for an '09 Prius for a 36 mo. lease at 15K miles?
 
Thank you!
#160 of 174
Re: MF and residual for SoCal [czango] by bostonben
Apr 25, 2009 (8:21 pm)
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Replying to: czango (Apr 23, 2009 8:33 am)

Hi car_man, I am looking for this information as well. I am in Boston, MA.
 
Also, do you know how TFS adds on additional miles as a pre-pay? Is there a discounted rate if you pre-pay? Or is it the same as paying for overages in the end? Thank you.
#161 of 174
Re: NJ Lease [dmkaye] by blackjack3
Apr 26, 2009 (8:56 am)
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Replying to: dmkaye (Apr 18, 2009 6:37 pm)

Yes, 300/month includes taxes. However, I neglected to mention an important factor. I had a trade-in that reduced the cap cost by 2,746. Final cap cost was 24,818 and resid value was 16,251 (58.4% of gross cap cost). I hope this helps and sorry I forgot the trade-in.
#162 of 174
Re: MF and residual for SoCal [czango] by Car_man HOST
May 07, 2009 (1:48 am)
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Replying to: czango (Apr 23, 2009 8:33 am)

Hi czango. Toyota's lease program varies by region. You never mentioned what state you are in so for now I'll take a stab in the dark and guess that you are in Toyota's New York region. Let me know if you live somewhere else.
 
Toyota Financial Services' current New York region buy rate lease money factor and residual value for a 36 month lease of a 2009 Prius with 15,000 miles per year are an extremely attractive .00001 (that's as good as it gets) and 61%, respectively.
 
Keep in mind though that TFS places restrictions upon what options can be residualized. As a result, it is difficult for people who don't work at dealers (and even some people who do ) to figure out what the actual dollar residual values should be for specific units.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#163 of 174
Re: MF and residual for SoCal [bostonben] by Car_man HOST
May 07, 2009 (1:50 am)
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Replying to: bostonben (Apr 25, 2009 8:21 pm)

Hi bostonben. I haven't seen Toyota's lease program for the Prius in the Boston area yet, but I'll make some calls and see what I can find out. The money factors for Toyota vehicles vary by region, but the residual value percentages are national.
 
Most banks provide lessees with a discount if they purchase additional miles on a per-mile basis at lease signing. If they didn't no one would buy them. I suspect that Toyota Financial Services does this, but I don't know exactly how much of a discount it offers for pre-paid mileage.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

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