Last post on May 21, 2013 at 12:51 PM
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Toyota Prius, Car Buying, Hybrid Cars, Sedan
#559 of 1190 2010 Toyota Prius III Lease Deal (Bay Area) - Pls Comment
Sep 13, 2010 (8:22 pm)
Hi All - This is the 1st time I am leasing a car. So, I need your help to understand if I am getting a good lease price on the 2010 Toyota Prius III, as is.
Here are the details:
MSRP - $23,980 (mats etc included)
Net Cap - $23,422
36 month lease
Residual - $15,232
Down-payment - $2,000 (includes 1st month payment)
Monthly Payment - $252 (including taxes)
Let me know what you folks think of this lease rate.
Many thanks in advance for your help.
#560 of 1190 Re: 2010 Toyota Prius III Lease Deal (Bay Area) - Pls Comment [priusleaser]
Sep 13, 2010 (9:06 pm)
You are better off putting minimal down payment on a lease (unlike financing a purchase) and put the extra cash in the bank to use towards the higher monthly payment. You will lose all the money you put down if the car is totaled/stolen shortly after you lease it.
You didn't get much of a discount off of MSRP, so it doesn't seem like a bargain regardless.
#561 of 1190 Prius II
Sep 14, 2010 (7:34 pm)
Now that I am home with my car and i am no longer concerned about a deal falling through I can give some exact figures for my purchase. (For various reasons I felt that I had to previously write as if my purchase had been complete) It was $20,277 for a new 2010 Prius II ---alas, not the white one for which I refused to pay additional-- with all floor mats. I did pay an additional dealers or service fee which was $499. With a couple of other charges for state requirements i drove the car off the lot for 20792. (Still must pay tax in my home state). I should add in about $125 as travel costs to go get the car and drive it home.
I would be interested to hear from people if they thought this was a very good deal. It certainly seems that way to me and from reading other posts here. I have not seem a new one for less.
I will have some comments on the dealer and the ease of transaction later on. but first, if any with more previous experience than I one has comments on the price I woudl appreciate them.
#562 of 1190 Re: 2010 Toyota Prius III Lease Deal (Bay Area) - Pls Comment [jaxs1]
Sep 14, 2010 (9:32 pm)
Jaxs, thanks for your advise. Here is an update:
First, I made a mistake on the MSRP, it is actually $24,630 including Base MSRP + Blizzard Paint Charge + Destination Fees. The dealer then gave me a discount of $1,207 for a Net Cap of $23,422.
Finally, per your advise about minimal up-front payment - which made total sense - I negotiated the following: $718 down and $289/month for 36 months (15K miles).
The total payments now are only $40 more than if I put $2,000 down, so this is a much better deal, especially with your comment about getting "totaled" in mind. Thanks again, and let me know if you have any other thoughts.
#563 of 1190 Prius IV Price
Sep 26, 2010 (10:22 am)
Searching for a 2010 Prius IV no options except mats. i recieved a price of 25,200.
Is this a good price or should I wait for a 2011.
#564 of 1190 Re: Prius IV Price [calicat]
Sep 26, 2010 (11:31 am)
Same price I got. VERY happy with the car. Seats are great and drivetrain/comfort way beyond what I expected. I bought the platinum toyota warranty for 7 year/75k miles for $654. Will keep it that long for sure. I'd buy now because gas is low and supply is high. Perfect storm. Don't think gas will get any cheaper in the short term but in 7 years could be way higher. Besides, can you imagine the choices available in 2017. Have 2700 miles on the odo --- roomy and enjoyable to drive and about 50-54 mpg.
#565 of 1190 Re: ok, I bit; now post purchase reflections [msmb]
Oct 03, 2010 (5:58 am)
Which State it is?. I am looking for 2010 Prius II in Charlotte NC. Ready to buy if I get a suitable price.
#566 of 1190 Re: ok, I bit; now post purchase reflections [tn072]
Oct 03, 2010 (11:05 am)
Me too... looking for a 2010 II. Best prices seem to be around D.C. Look on cars.com, sort by price
#567 of 1190 Re: ok, I bit; now post purchase reflections [tn072]
Oct 03, 2010 (6:37 pm)
I am very happy with the deal that I got and so far with the car. I just put gas into the car with 692 miles on it (I had put gas in once previously but did not start the trip odometer over again and this is therefore a cumulative reading of the gas mileage up to 692 miles). I got 49.6 miles per gallon. The average miles per hour on the car was 44, which in principle should suggest some city driving at 25 - 35 and and some highway driving between 60 and 70, with air conditioning running. Much of that highway driving was interstate. I have now put 117 miles on the new fill up and used the car mostly on highways at 60 miles per hour (though average mph is in the 40s on my read out) and I am getting 50.5 mph. I take it, therefore that the car is performing as it should.
I am still trying to figure out the different driving modes. I use EV in parking lots or short trips in the streets of subdivisions, in which I drive very slowly. Mostly I drive in ECO mode, but I am not sure if initially it is better to start off in regular mode to get the car up to initial driving speed quickly and then switch to ECO mode or to use ECO mode and slowly get the car up to speed and then remain in ECO mode. The EV mode is a little erratic until you get the car heated up and even afterward it sometime says I am going at too high a speed when I am actually going about 15 mph. I try to slow down when coming to a light in B mode and sit at stop signs and at lights in B mode; I heard that this helps fuel economy. since I previously had a standard transmission shifting modes is pretty automatic for me; like shifting gears. Does anyone know if this does save fuel? I have never seen my battery indicator at full charge; the most I have seen it is at around 3/4 (maybe a little higher) and once very briefly it went down to around 1/3. Is this normal?
One minor concern is a sensor noise I hear when i step on the brake to start the car up and when coming to a full stop; it is the same noise you hear when opening the door I believe, or very similar. I don't think I always hear it; you cannot perceive it when you step on the brake to slow the car while driving. I will take it in to the dealer to check but the car works fine and I am not too worried about it.
Performance: very normal; power in regular mode is probably better than I expected. Sometimes when i listen for it I think the ride is kind of noisy; but then I listen again and I say it is actually pretty quiet! Starting and stopping is so quiet i have to remember that the car is on and not to leave the car before turning it off. I think they should make the "P" button also a turn off button. i find myself pretty engrossed in the readouts and wonder if i will have an accident one day because I am paying more attention to them than the road. I sometimes think I should have had lumbar support in the seat; but i felt that way about my previous car, a Sonata, and then quickly adjusted and like the car very much. I am accustomed to pretty big cars and I think the steering on this one, probably because it is lighter, is a little more active. Back seats are roomier than most people give credit for (but my family is short). The radio might be a littel weaker than in my other cars, but the sound is very good. I might get satellite radio in any case. Someone pointed out to me that there is quite a large blind area out the rear window, and now that they have mentioned it I do see what they mean. But I really did not notice prior to that.
Would any of the "negatives' that i mentioned cause me from buying the car if i had it to do over again? Probably not. They are mostly the kind of thing I can easily live with and the positive factors probably would have outweighed the negatives. This is just a solid riding, normal driving car which I expect to give me excellent service at a very moderate cost. The most important things to me are safety, trouble free service, and value. I might add that there is something exhilariating about driving in to the gas station at the point I usually do for a fill up and then putting in only 9 gallons of gas! I also like the environmental impact of the car as well as the economy. I also still think i got an outstanding deal at 20792 (out the door but without tax). I purchased from Sandy Springs Toyota in Atlanta and my sales person was Ivars Kikulis; I woudl buy there again. I had also dealt a little with Piority Toyota in Richmond, VA, and I would stay away from that one.
If you have any suggestions on driving mode, the sensor noise I hear when braking or anything else let me know!
#568 of 1190 Re: ok, I bit; now post purchase reflections [tn072]
Oct 03, 2010 (6:52 pm)
in response to the person who asked in which state i purchased my Prius: I bought at Sandy Springs Toyota in Atlanta; salesperson was Ivars Kikulis. I used either USAA or Ebay buying service (can't remember which one). It was a good, honest deal. the cost out the door with mats after paying dealer fee, but without tax --I am in NC also-- was 20792. It might be a little cheaper now, but I doubt if it is very much. When I went to the dealership to purchase my car there was a couple from Charlotte who also had bought a Prius with the same sales rep. Good luck.