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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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#95 of 174 Recent Lease by ayers976 Dec 29, 2007 (5:24 pm)
08 Prius Touring Package #6 in SoCal   Negotiated $27,122 before calling this a lease 36 mon / 45,000mi / $1980 down (cap cost reduction)   Residual: $15,332 MF: I think was 0.00205 GAP: $600   Monthly: $454 incl tax   I think the residual is set by the mfg and will only vary on the length of the lease and expected mileage. $15,332 was quoted by a few dealers I went to.   Could I have gotten a better deal? The Touring package in my color was tough to find so I was a little hasty. But I'm pretty sure I could have leased a BMW 3-series for the same price. Oh well.. the price for being green.
#96 of 174 current lease rates by tmk5 Jan 10, 2008 (2:33 pm)
I'm considering an '08 Prius Package 5 or 6. Does anyone know the current money factor that Toyota is offering (Tier 1 credit) and the residual? Not sure that it makes a difference, but I'm in SoCal. Thanks for the help. Replies to this message: f1xero (Jan 22, 2008 9:43 pm)
#97 of 174 Re: current lease rates [tmk5] by f1xero Jan 22, 2008 (9:43 pm)
Replying to: tmk5 (Jan 10, 2008 2:33 pm) the current MF for a Prius is very high. I was quoted .00305 and I have tier 1 credit.   has anyone heard anything else?
#98 of 174 Current Prius Leases - Money Factor & Residuals by stormy111 Mar 13, 2008 (10:36 pm)
I am presently looking for a Prius Touring with Package #6 in central CT. Would you know what the present money factor and residual are for 2 and 3 yr. leases? I would like less $1000 cap cost reduction and no extra miles.   Thank you.
#99 of 174 Prius Lease by stormy111 Mar 21, 2008 (3:40 pm)
Car_Guy & Kyfdx - please do your magic. You did me well on the last lease:   2008 Prius with Package #6 & Car Mats $27,884 sticker (after $2k pkg 6 credit from Toyota) No tax in CT on Prius's $1k down, 24 month lease, $16,458 residual, 12k year $625 month   It seemed high to me - I asked finance mgr. for money factor and he came up with some story about not using them anymore. I told the salesman that it is costing me $15k in payments he turned white but didn't say a word.   Thanks for the help. Replies to this message: tphssenior (Mar 22, 2008 7:01 am) stormy111 (Apr 04, 2008 7:25 pm)
#100 of 174 Re: Prius Lease [stormy111] by tphssenior Mar 22, 2008 (7:01 am)
Replying to: stormy111 (Mar 21, 2008 3:40 pm) Stormy -   Even at full MSRP the monthly payments only come to $540 on a 24 mo lease with 1K down. The base money factor, I believe, is .00245. $625 seems really high! Replies to this message: stormy111 (Apr 04, 2008 7:25 pm)
#101 of 174 Prius Lease in NorCal by howac Apr 04, 2008 (3:06 pm)
Hi Car_Man or anyone who could help, I'm looking for some Prius lease info for Northern California. Specifically on Package 4. What is the MF for top tier credit? The MSRP is $25,914, and I've been offered invoice of $24,213.   Toyota's website says there's a special offer (zip code 95125), but provides no further information. Any help is greatly appreciated.   Thanks in advance! Replies to this message: Car_man (May 27, 2008 2:52 am)
#102 of 174 Re: Prius Lease [tphssenior] by stormy111 Apr 04, 2008 (7:25 pm)
Replying to: tphssenior (Mar 22, 2008 7:01 am) Thanks for the advice - once again you saved me a bunch of $$$. Finally settled on Middletown Toyota in Middletown, CT. Went in 3 days before the end of the month, took delivery on last day of month - final deal:   Prius (Seaside Pearl Blue) with Package #6 (leather) & floor mat package   $26600 negotiated price ($1280 under sticker) $1558 down, registration, doc fee & tax $507 / month for 24 months, .00265 money factor $16458 residual (I was amazed that the two and three year residual were only about $1000 difference)   No sales tax on Prius's in CT.   Thanks again, Stormy
#103 of 174 End of Lease Options, Prius by gksupplee Apr 08, 2008 (5:04 pm)
I am coming up on the end of my lease on my 2005 Prius in January '09, starting to think now about my options, because I am starting to run up against my mileage. I have a lease for 60K miles, and am at 52,000 now. The residual at the end of my lease is $9,750. I'm leaning towards purchasing at the end of my lease, because I would like to hold out purchasing a new vehicle until a plug-in option becomes available, hopefully in the next several years. As an alternative, I was thinking about turning it in, and getting a new one with a shorter lease term/loan term. How likely is it that 1) the dealer lets me turn in early as long as I am getting my new car from them, or 2) they give me a grace on the mileage, again as long as I am getting a new vehicle from them.
#104 of 174 Lease a used Prius? by sk8sonh2o Apr 09, 2008 (6:16 am)
Can you comment on advisability of leasing a used Prius, eg, a 2007 with 30k miles for 3 years? Asking price $23K, prob nego price 22K? Estimate payment with $2000 down?   Should I look into an old prius and putting new batteries in it, as a purchase?

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