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Toyota Prius Prices Paid and Buying Experiences

1188 messages,  Last post on May 17, 2013 at 6:38 PM

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

    

Messages Page 102 of 119

#1008 of 1188 Prius 2 Lease Deal.....Was this a Good Deal? Please HELP ME!!! by gtgtcobra

Sep 06, 2012 (10:28 pm)

I just closed a Lease deal for a 3 year/60,000 mile lease on a new 2012 Prius 2 this evening.
 
The MONEY FACTOR for the new 2012 Prius 2 is .00142
 
The current lease on my 2010 Toyota Camry LE was coming to an end in 3 months on December 12th and I needed to turn in the vehicle because it already has an an 11,000 mile "overage" on it. When I initially leased it back in 2009, I negotiated the lease with 18,000 miles per year for 3 years with a total of 54,000 miles.
 
I was able to lease the 2012 Prius 2 in Blizzard Pearl White for 3 years/60,000 miles. I wanted the 60,000 miles because I drive a lot and I put between 20,000 to 24,000 miles per year on my vehicle. I couldn't do otherwise on the mileage selection that I made.
 
The dealership rolled in the last 4 payments of the lease which was a total of $624.04 and also rolled in the mileage overage charges which was a total of $1,647.90 into the new Prius 2 lease vehicle.
 
I was ALSO able to get the Agreed Value Price for the Prius 2 for $24,033.36 which was around $1,240 LESS than the MSRP Price of around $25,273 which also included the destination charges in the MSRP.
The dealer showed me their Dealer Invoice Price for the Prius 2 that I wanted and it was around $24,200.
 
I put $4,000 down for the Prius 2 and my current payment is $404 per month which includes the Gap Insurance.
 
The $4,000 that I put down includes the:
1. Title & Registration Fees
2. Capitalization Cost Reduction
3. First Monthly Payment
4. Tax on Capitalized Cost Reduction
5. Administration Fee
 
Is the 3 Year/60,000 mile Lease for $404 per month that I got on the new 2012 Prius 2 a good deal considering that I was upside down in my old lease vehicle???
Did I get a good overall lease deal or did I overpay for everything???

#1009 of 1188 Prius Three 2012 by lovelyn

Sep 07, 2012 (2:55 pm)

I just purchased my first new car - a winter gray 2012 Prius Three base model for $24,500 at Larson Toyota in Tacoma, WA.
 
I got the run around from quite a few dealerships in the area (this was most likely exacerbated by the fact that I am a small woman and I look really young) and I was glad to give my business to the guy at Larson, he was the only one who did not try to take advantage. The only fees I paid were Tax, Registration, and Documentary I think?
 
Either way I'm very happy with my purchase and hopefully I got a good price!

#1010 of 1188 Re: Prius 2 Lease Deal.....Was this a Good Deal? Please HELP ME!!! [gtgtcobra] by ja22

Sep 13, 2012 (10:16 am)

Replying to: gtgtcobra (Sep 06, 2012 10:28 pm)
You already said you closed the deal.
 
You must have thought it was a good deal or you wouldn't have made it. Someone else's opinion really shouldn't matter at this point - these are the kind of questions you post before you make the deal, not after.
 
Considering the factors you listed, the new prius deal seems OK but I wonder why you wouldn't just buy it (0% offer for 36 months) vs leasing it.
 
Anytime you are getting out of a vehicle you are upside-down in, you are not in much of a position to negotiate. The value price seems pretty good as the base Prius usually goes out the door about $500 under MSRP - the dealer also gets a few percent in hold backs which you never see, so he can still make money selling it under invoice (about 23,800).
 
The dealer has to make profit to operate the dealership - it's hard to say how much he made, but I would guess he will make a lot more off your trade than he did on the new Prius.
 
Who valued the trade in? If it was the dealer, he was the one who determined how upside down you were in it, so he could pretty much tell you anything.
 
Did you take your trade to CarMax and get an independent appraisal / offer for it? That's always a good idea - I've had dealers offer me a couple thousand less than CarMax when I went in on a trade, so I ended up selling it to CarMax for wholesale, or even selling it myself in the paper for $500 or $1000 over the CarMax offer - mostly the dealer you are working with will match the CarMax price too, if the deal is legit.
 
Anyway, you live and learn - I think you'll really enjoy your Prius in any event - and you're saving gas and the planet! How much is that worth? Good luck!!

#1011 of 1188 Re: Prius Three 2012 [lovelyn] by specdan

Sep 13, 2012 (11:18 am)

Replying to: lovelyn (Sep 07, 2012 2:55 pm)
The only way to determine what kind of deal you received on the purchase of a New Car is to get your hands on the Invoice.

#1012 of 1188 gotta have a p-four!!! by inlarkspur

Sep 14, 2012 (7:53 pm)

Finally getting my act together and retiring the suburu for day to day and trips to the coast, and have heart set on the four. So, one sweet salesman assures me his dealership is the best with under MSRP, but then a fellow from Hilltop gives me a sweet price, by phone. Can I do as well as Chicago did last week or so and get it for $27,000 with mats??? Here in SF Bay Area everything is more $$$, including our gas, so I wonder if I should take my search on the road?

#1013 of 1188 Re: gotta have a p-four!!! [inlarkspur] by saz25

Sep 14, 2012 (8:04 pm)

Replying to: inlarkspur (Sep 14, 2012 7:53 pm)
Suggestion...
Decide what options you want. The determine invoice price. Then subtract at least $1000. Thats your offer!! Then tell them you won't pay dealer doc fees.
 
Of course you pay taxes and license fees, but that's it.
 
I've even gone lower than $1000 on some other models, but certainly not above that price.
 
Good luck
Steve

#1014 of 1188 Prius 2 in Houston area by ypl

Sep 18, 2012 (12:44 pm)

Hi, Can anyone share about buying experience and deal of Prius two in Houston area recently?

#1015 of 1188 Re: 10-month old v [czar4] by anhdao

Sep 18, 2012 (1:00 pm)

Replying to: czar4 (Aug 19, 2012 3:55 pm)
You can try appraising your prius on Edmunds here - http://www.edmunds.com/toyota/prius/2011/tmv-appraise.html?style=101363295&sub=h- atchback#step0

#1016 of 1188 Re: Prius 2 Lease Deal.....Was this a Good Deal? Please HELP ME!!! [gtgtcobra] by mokiavelli

Sep 18, 2012 (4:43 pm)

Replying to: gtgtcobra (Sep 06, 2012 10:28 pm)
Like ja22 said, since you already did the deal, what anyone says doesn't matter. As an FYI, on a lease so close to the end, you don't really get upside down. The worst case scenario is you finish your 3 payments, pay the mileage overage and turn the car in. Then go lease another car after you turn the car in, with a clean slate. If you do drive 20,000 miles a year, you may consider buying instead of leasing. On your lease, not including the $4k down, in 3 years, you paid about $15k on a $24k car. Will the Prius be worth more that $9k after 3 years?

#1017 of 1188 2012 Prius Plug In Lease by dharmapunker

Sep 20, 2012 (5:35 am)

Just got a 2012 Plug In Base.
$500 down
429.56 per month for 36 mo's.
12,000 miles per year.
W/ aftermarket leather installed in the deal.
TFS keeps the $2500 tax credit but CA gives a $1500 state credit. (to leasee)
I spoke to many salesman and many think the lessee gets all this credit and some think leasee gets none.
Go to http://energycenter.org to claim your CA rebate.

Messages Page 102 of 119

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