Last post on Nov 11, 2013 at 10:37 AM
You are in the Toyota Prius
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Toyota Prius, Car Leasing, Hybrid Cars
#23 of 473 Re: December Prius lease? [wakked1]
Dec 19, 2009 (2:53 pm)
That residual looks great. In DC, for a Prius 3-5, the best I'm seeing .00261 and a 66% residual for 3 years, 12,000 miles a year. And I just received an e-mail from Alexandria Toyota offering $100 above invoice (their initial offer was about $1100 over).
#24 of 473 Re: December Prius lease? [wakked1]
Dec 22, 2009 (2:53 am)
Hi wakked1. The money factor and residual value that you were quoted for this car look right to me. Despite the fact that Toyota is advertising a lease payment on the Prius in your area, this program is not actually special. I believe that its advertised Prius lease in CA is based upon TFS' standard lease program.
Prices Paid: Buying & Leasing Experiences Forum
#25 of 473 Re: December Prius lease? [wakked1]
Dec 29, 2009 (11:20 pm)
Just leased a 2010 Prius IV from Toyota of Santa Monica.
Black with dark gray leather interior. Solar sunroof with navigation. Floor and cargo mats. Rear bumper applique. MSRP $31.499. Invoice $29,556. Agreed upon value: $28, 369.12. Gross capitalized cost: $29,239.12 (agreed upon plus $650 acquisition fee and $220 for tinting windows, which they threw-in for free at end). Residual value: $19,839. M.F.: .00265
36 months, 12K miles per year. $2900 drive-off ($1896.01 cap cost reduction, $365.99 1st month, $395 title, reg, lic fees, $184.86 tax on cap cost reduction, $45 doc prep fee, $8.75 CA tire fee, $4.59 tax on doc fee). $365.99 per month (including tax).
#26 of 473 January Prius V Lease?
Jan 11, 2010 (7:09 pm)
Carman, My wife wanted a 2010 red Prius V with Nav. Had a hard time finding one and had to wait for one to be rerouted from another dealer and it came in last week with carmats. The MSRP was $31,329.00 and the Invoice was $29, 817. The dealer agreed to sell it to us for $29,467 but had to pay a dealer fee of $699.50. I decided to lease the car for 36 months, 12,000 miles per year. I paid $1701 down to cover Cap. cost reduction-$178.70, 1st mo. payment - $519.58, Dealer fee-$699.50 and Title and registration,waste etc,-$303.22. The agreed upon value was $29467 but the Gross cap cost was $30362 -explained as a $895.00 acquisition fee for Southeast Toyota Finance. I thought this a bit high but they told me that was what it was. The cap cost reduction was $178.70 for an adjusted cap cost of $430183.30. The residual value is $17690 0 depreciation 412493.30 and a outrageous rent charge of $5153,82, Total Base mo payments - $17646.12. The monthly payment is $519.58 about $30 more a month than they quoted me in Dec. Did I get screwed? I feel Like I did but my wife wanted the car bad so I got it for her. Carman please advise
#27 of 473 Re: December Prius lease? [Car_man]
Jan 11, 2010 (7:25 pm)
The California offer sounds similar to the one advertised here in Washington state:
2010 Toyota Prius Lease (Model #1223)
$279 per month plus tax for 36 months
$1,995 due at signing lease
Not sure which equipment codes these are for, as I've just started into the possibility of leasing.
#28 of 473 January SE Toyota Prius Lease Rates
Jan 19, 2010 (6:42 am)
CarMan, (or anyone else with data)
If you could, would you please share the residual and MF for a 2010 Prius IV at 12k/36 here in the Southeast? I've seen numbers all over the place on various forums. Thanks for the help!
#29 of 473 Re: January Prius V Lease? [pantherman12]
Jan 21, 2010 (4:53 am)
Pantherman12 - I know it's a moot point now, but I just leased a Prius in the Southeast as well. The acquisition fee was $695 as quoted by several different dealers, and your dealer fee is probably the highest I've ever seen. That said, I can empathize with the challenge of dealing with your wife's dream car... mine just had to have a red package IV .
#30 of 473 Re: January Prius V Lease? [eburns]
Jan 29, 2010 (3:12 am)
Just came from a SET Toyota dealer the other day and the acquisition fee was $995.
The day before the sales stoppage.
I just stopped in to test drive a Prius but they also tried to use the old school boiler room sales tactics on me. They were more inerseted in selling me a Venza than Prius. Air head salesman comes out with MSRP offer, I say no he goes back to mgr and the offer comes back down a couple hundred, I say no and the mgr comes out and says what do I have to do to get your business, etc and on and on. Needless to say I walked out. I can't believe Toyota is still using this cave man style of sales. I'm going to use the internet for offers from now on.
#31 of 473 Re: January Prius V Lease? [roho1]
Jan 29, 2010 (10:55 am)
I would like to know how much if any does the dealer get from the aquisition fee. If they get some of it they certaintly do not disclose it.
#32 of 473 new lease rates
Feb 02, 2010 (7:14 pm)
Carman, can you post MF ad residuals for metro NY area. for 3yr/36k I was quoted .00145 MF but residual varied from 62%-66% dependig on prius 3 or 4. Do they have different residuals? Also, do you know of any marketig money or dealer support money because of the problems? do you even recommend a 2010 prius because of the pedal issues? they said the 2010 wasn't involved.