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Toyota Prius: Lease Questions

175 messages,  Last post on Dec 03, 2009 at 1:54 AM

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

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#168 of 175 Re: 2009 Prius lease from Putnam Toyota in Burlingame [cptgrp] by hymiles May 20, 2009 (3:17 pm)
Replying to: cptgrp (May 20, 2009 12:35 pm) What is the money factor in your lease agreement?
#169 of 175 Re: Toyota [udpride] by wvgasguy May 20, 2009 (4:59 pm)
Replying to: udpride (May 20, 2009 1:43 pm) Personally I would purchase the Prius. I'm not sure comparing the Prius lease with other makes is all that far off. (I don't know if the $335/mo includes taxes , etc) Ford recently wanted $560/mo for a $23K Fusion for my daughter. GM just asked me for a money factor that came out to 24% interest rate.   I don't think Toyota wants to compete with Infiniti. It is simply giving you the opportunnity to compare a lease of a Prius with a purchase of a Prius.   If you nwant a n Infiniti or BMW for $450/mo, they are probably available. Most people that want a Prius would not be caught dead in an Infiniti (although I enjoyed my FX45 immensely_purchased, not leased). Not really sure how Infiniti does it when I bought my FX45 it was 0.9% for 5 years AND a $7000 discount.   I believe the lease market is changing. Too many financial institutions and manufacturers looking money on leases. "Deals" are not as common.   Seems to me that with the dealers taking the bath you describe, it may be a good time to purchase at a discount rather than "borrow" the car.   Toyota needs to take a serious look at the competition and get their lease terms on this car in line with the sticker price   Again, I don't believe they are trying to compete the Prius lease against other brands. If you want a deal on a Toyota get it on a car they compete with other makes like the Camry. Great lease deals there.   As a business man you should appreciate the fact that the Toyota business model has made them a successful survivor in a world where others are failing fast. I wouldn't recommend to them to follow when they are in the lead.   But you are right, it may not make sense to lease a Prius when a purchase for just a bit more will build equity in a car that has a high resale value.
#170 of 175 Buy vs Lease by cptgrp May 21, 2009 (11:07 am)
Assuming a $26,000 purchase price 1.9% interest rate $1,998 down payment 60-month loan   Monthly payments come out to $468.48 tax included vs. My monthly lease is $365.98 tax included (36-month)   The payments come out to a $100 difference every month, so over 36-months that is $3,600. For my purposes, I can write off the full lease payments on my taxes which was my decision factor.
#171 of 175 FL lease on 2009 Pkg #3 by sporty10 May 22, 2009 (10:48 am)
I just leased a 2009 pkg #3 - $254 + tax, 48 months,12k, $650 total at inception. I would appreciate your member comments on if this is a good deal?   I am 6.2" and a little scared that it may be small for me?   Appreciate any feedback -thanks
#172 of 175 6'1" with good headroom by cptgrp May 27, 2009 (9:33 am)
I'm 6'1", 32" inseam and I have to push the seat all the way back. So leg space I'm at the limit, but head space is fine and would probably be fine for people up to 6'3-4" in my opinion.
#173 of 175 2010 Prius by lakemorey May 28, 2009 (9:17 am)
Car Man, do you know when the 2010 Prius lease rates announced? In NH.   Thanks!
#174 of 175 helpful information by topco Sep 09, 2009 (6:55 pm)
you seem to know a lot about lease and auto financing that is helpful please send your e-mail address
#175 of 175 Prius money factors and residual value % in Pgh. by buckeye20 Dec 03, 2009 (1:54 am)
Car_man,   Could you please tell me what the money factor and residual value for a 2010 Prius III would be in the greater Pittsburgh, Pa region? This would be for 3 years and 12,000 miles. Thank you in advance for your assistance and what a helpful board.

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