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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
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.
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Replying to: tmk5 (Jan 10, 2008 2:33 pm) has anyone heard anything else? |
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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. |
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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.
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Replying to: stormy111 (Mar 21, 2008 3:40 pm) 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!
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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!
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Replying to: tphssenior (Mar 22, 2008 7:01 am) 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 |
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| 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. | |
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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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Hello everyone, I am in SoCal and just leased a '08 Prius with package two. I had a trade-in worth $1,000 and put $650 down. My price is $355/mo for 36 months with 12,000 miles. I feel like that's a pretty good deal. I leased it at Toyota of Hollywood from a great guy named ROY. |
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