Last post on Jun 02, 2013 at 4:33 PM
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Toyota Prius, Car Leasing, Hybrid Cars
#352 of 393 Re: Prius V lease residual and MF? [dwynne]
by Car_man HOST
Feb 27, 2012 (4:59 pm)
Hey dwynne. Toyota's lease program does indeed often vary by region. Toyota Financial Services' current buy rate for the 2012 Prius in its Cincinnati region is .00117 for consumers who qualify for its Tier 1+ credit tier. You can actually see this for yourself and show it to the dealer by looking at the fine print of Toyota's official advertised lease payment for this car in your area. Here's a link:
Just click on the lease offer and look at the fine print. It's right in there.
The dealers definitely look like they are trying to mark the money factor up on you.
Prices Paid: Buying & Leasing Experiences Forum
#353 of 393 2012 Prius II Lease Incentives
Mar 02, 2012 (6:38 pm)
Hi Car Man,
I saw an incentive Lease on the Toyota site for 2011's but nothing currently for 2012's in my area (Oregon).
Looks like current incentives go through 03/05 so I am assuming updates on 03/06.
Any insight as to any new lease factors on the 2012's? I got quotes from 3 different dealerships but all were very high payments (like $300 per month with $2500 down), even though prices were pretty good - about $1000 off MSRP.
#354 of 393 End of lease question
Apr 24, 2012 (11:15 am)
Anyone have their TFS Prius lease handy? What is the minimum tread depth on a lease return?
#355 of 393 Re: New Prius electric
Apr 24, 2012 (11:22 am)
If any one interested pm me.
#356 of 393 2012 Prius 4 with solar roof and middle side moulding
May 20, 2012 (10:38 pm)
I'm looking to lease the above, my first leased vehicle and have shopped around 3 dealerships in LA area.
Santa Monica are offering me this on 12k miles per annum.
$420.96 + tax = $457.79
I feel this is pretty good but would really appreciate any expert information before I sign on the dotted line tomorrow ! I hear step two, the 'Finance chap' is the person to be wary of !? I am so tired of the 'battle' always believing that getting a new car ought be a pleasure ! I sincerely thank you in anticipation of any wise advice and support you may offer..JBP7
#357 of 393 Re: New Prius electric [zoran]
May 21, 2012 (8:33 am)
I'm in North Carolina,,,,and was offered $369 includes tax, no money down, 39 month lease, 12k miles.... Carolinas sales tax rate is 3%.
The lease has to make sense....if it does not you are better off purchasing the vehicle.
#358 of 393 Re: New Prius electric [alsnook123]
May 21, 2012 (8:34 am)
$369 per month.....offered to me back in April..
#359 of 393 Plug in Prius info
Jun 16, 2012 (8:30 pm)
Car Man et al.,
In the market. Leasing a Plug In Advanced in the next few weeks.
What money factor and residual is TFS providing?
Is it ever worthwhile to find a bank to do a leasing transaction rather than using dealer financing?
#360 of 393 Re: Prius V lease residual and MF? [Car_man]
Aug 14, 2012 (10:45 am)
I can't find the money factor in the fine print. Perhaps they changed it since your last post. Can you tell me Toyota's current MF and depreciation (3 year lease) for a Prius package two? Tier-1 credit. Thank you.
#361 of 393 Did I get a Good Lease Deal on my New 2012 Prius 2?
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???