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Toyota Prius, Car Leasing, Hybrid Cars
#278 of 473 ADVICE REQUESTED!!...Kindly let me know...-2010 Prius IV
Oct 30, 2010 (5:41 pm)
Hello Everybody -
I have just signed a lease on a 2010 Toyota Prius IV, with solar package, Navigation, sun-roof, floor mats, alarm system and Lojack. This is in New Jersey. This is a 3 year/36 mile lease.
I would really appreciate if all of you could tell me, if I have signed up a good deal or not..I believe, I have been fleeced by this dealer..but wanted to get your views..any advice would be highly appreciated and also enlightening for me. The following are the details;
1) I traded my 2007 Prius for 2010 Prius IV. I had an outstanding of USD 7682 on my 2007 prius with 47K+miles on it, for which I received USD 12,000 in trade-in.
2) They took this into account and asked me to arrived at a figure of USD 4317 (net trade-in account)+823 (cash down payment) ie total of USD 5140.71.
3) The MSRP works out to be USD 31830. An additional 1080 was charged for options and extras. Gross Capitalized cost is USD 34789, Annualized Cap Cost is USD 30530. Residual value at the end of the 3rd year is 17999.
Total monthly payment (all inclusive) is USD 360.
So my humble question is ..is this a good deal or have I been fleeced.
I am completely new to leasing. Wanted to buy the vehicle but then was advised to go the leasing route. After reading the posts on this forum, I am confused if I have done the right thing or not.
Thanks and Rgds
#279 of 473 Re: ADVICE REQUESTED!!...Kindly let me know...-2010 Prius IV [karthikv]
Oct 31, 2010 (2:50 am)
There is simply too much information missing for anyone to intelligently evaluate your deal. I suggest that you ask the dealer for their lease worksheet which is a computer generated document that will tell you everything you need to know and then some. Please don't let them plead ignorance by acting as though they don't know what a lease worksheet is because that's pure garbage. Every Toyota lease contract must be submitted to the fund provider and MUST include the lease worksheet; otherwise, the fund provider will not fund the lease. If they refuse, then I suggest that you RUN, DON'T WALK, to another dealer.
If you like, you can email this document to me at
and I'll be happy to analyze it for you.
All the Best,
#280 of 473 Re: ADVICE REQUESTED!!...Kindly let me know...-2010 Prius IV [delta737h]
Oct 31, 2010 (5:11 am)
Thank you for responding back. I have just sent you an e-mail.
Pls check and let me know.
The bottomline is that , I would like to know is whether USD 360 per month is a high number or within reasonable range for leasing a Toyota Prius IV.
If its high, how much extra am I paying every month?
Thats all I would require.
Thanks for all your help.
#281 of 473 current numbers
Nov 09, 2010 (7:30 pm)
Would you please provide the current residual and money factors for leasing a 2010 Prius IV in Tampa, FL? Also, are there any current incentives or promotions?
Nov 14, 2010 (8:25 pm)
I just leased a Prius IV this weekend from Culver City Toyota in Los Angeles. Here are the specs:
Navigation Package, Blue Tooth, etc
Winter Grey Metallic
Accessories: Illuminated Door Sills and Prius treatment/sticker on back bumper
They honored their advertised special of $299/month with $0 down and the first month free. Factoring in the free month reduces my average monthly to $290.69 (plus tax).
I was super impressed with this dealer as they not only honored their ad (which is a rarity in itself), they took the time to locate and trade for the color I wanted which is Toyota's most popular.
I could've leased a Prius II (in any color) for $249/month with $0 down and the first month free which would've given me an average monthly payment of $242 plus tax. I thought that was a steal but the wife wanted the leather, navigation, etc.
#283 of 473 Re: Prius IV Lease [larryking]
Nov 17, 2010 (11:11 am)
I have been looking for a prius II in white... with 15k miles, I got quoted $270 including tax a month, paying first month payment and license and registration what is $407, where can I get that deal you were getting?? I just need 15k miles
#284 of 473 Prius III with Navigation
Nov 26, 2010 (10:28 am)
I have been offered 2010 Prius III with Navigation option (No sunroof) for 36month lease at $286 per month with $725 down so total payment of $11,021 - MSRP value of this vehicle is $27,025 - I don't have the money factor right now, I am getting quoted this price through the internet. My question is:
a. Is this a good deal?
b. From everyone's experience so far, is there any room for more negotiation?
Thanks for your help in advance.
#285 of 473 Re: Prius III with Navigation [czar8878]
Nov 28, 2010 (3:09 pm)
Just came across this site and page and am interested in sharing my experience with everyone. Hope you agree that the deal was pretty solid.
2010 Prius II Silver(w/ tint, mats, Toyota guard package, and of course 2yr. free maintenance)
$500 down (which includes first months payment)
$208 a month
#286 of 473 Re: Prius III with Navigation [samsissine2]
Nov 28, 2010 (3:26 pm)
Can you tell me if your $208 a month includes taxes (is that your total monthly payment)? Also, how many miles per year are included in your lease? Thank you.
#287 of 473 Re: Prius III with Navigation [cp101]
Nov 29, 2010 (11:03 am)
12k a year on the miles
And yes that is including tax.. $208 is our total payment.. let me know if you have any other questions.