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2010 Toyota Prius Lease Questions

393 messages,  Last post on Jun 02, 2013 at 4:33 PM

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

    

Messages Page 34 of 40

#323 of 393 3 year Lease in Atlanta, Ga by mary37

Jan 24, 2011 (7:59 pm)

Hello Carman,
I want to lease a 2011 Prius in the Atlanta market. I would like a 3 year, 12000 mile, $0 down lease for a Prius IV.
 
I would be appreciative for information on what I should pay per month for this?
 
 Also, I wondered what the current Toyota money factor rate would be for this lease along with the Residual?
 
I am finding that the dealer seems to want to push the Prius II. I was quoted $249.00 per month for the II and $477.00 for the IV with a 39 month lease. I think the latter is a bit high. I would love to be in the $375.00 per month range.
 
Any help you could offer would be great. I always enjoy reading about other people experiences and am glad this forum exisits! Thank you. Mary

#324 of 393 New after Feb 1 lease deal ? by bimmrr

Jan 28, 2011 (8:34 am)

Anyone have an idea as to what Toyota will be offering for a lease deal or finance deal after the current ones expire on the existing 2010 models on January 31 ? Don't really need to do
anything for a couple of months but if no leases or finance deals ( 0% for 60 months) will be offered might make sense to get one before 1/31
Thanks,
Mike

#325 of 393 Re: Prius III lease [robhangdog823] by tobysmithny

Jan 30, 2011 (6:38 pm)

Replying to: robhangdog823 (Jan 23, 2011 10:53 pm)
Today I put down $2300 (all incl.) on a prius iii and got 15K month for $239 in Smithtown, NY. Hope this helps.

#326 of 393 Re: Prius III lease [tobysmithny] by justsukayrah

Jan 31, 2011 (10:01 pm)

Replying to: tobysmithny (Jan 30, 2011 6:38 pm)
Just got a 2011 Prius IV with Solar Package for $28,000 (MSRP $32,115, Invoice $30,407). Leased for $389 down, $309/month for 15,000 miles per year in Raleigh, NC.
 
How does that compare? They gave me a great trade in as well full Kelly Blue Book. Is this a decent deal?
 
Thanks in advance!

#327 of 393 Re: Prius III lease [justsukayrah] by jhinsc

Feb 11, 2011 (5:33 am)

Replying to: justsukayrah (Jan 31, 2011 10:01 pm)
Your deal on the surface sounds goood but your trade is obviously the key in getting your payments low. I'm wondering why you even had to put $389 down with your trade? No way to get your payment and term without the trade involved. More info needed to truly judge the merits of your deal.

#328 of 393 Re: Prius III lease [justsukayrah] by killingbee

Feb 15, 2011 (6:16 pm)

Replying to: justsukayrah (Jan 31, 2011 10:01 pm)
Hi,
I'm just wondering how you got that price?
I live in CA and the best price I could get was 31790(selling price).
 
so,
Toyota Prius 4 w/SOLAR ROOF PACKAGE
msrp 31790
selling price 28889
bank fee 595
doc fee 50
selling + fees 29534
net cap cost 29534
factor 0.00155
residual 22253(70%)
term 36
depreciation 202.25
finance 80.26985
Monthly payment 310.0655354(after 9.75% tax)
 
But still I couldn't get the deal yet.
is there anything wrong with my calculation?
can someone help me out here?
 
thanks

#329 of 393 Re: Prius III lease [killingbee] by killingbee

Feb 16, 2011 (7:34 pm)

Replying to: killingbee (Feb 15, 2011 6:16 pm)
I guess I'm wrong with residual.
I used last year's residual.
but it seems like it can't even reach 65% now.

#330 of 393 Lease Rates, etc. by lch77

Feb 18, 2011 (10:49 pm)

I just started looking and was told that the attractive lease rates apply only to the 2010 models. For Feb., the money factor is a very low .00010. The residual is dependent on which version and option packages as certain options do not add to the residual value. Either way, 70% or even 65% sounds extremely high for a 36-month lease. Can anyone else confirm this or know the value?
 
Kinnlingbee: Your calculations are correct, but, as I said 65% sounds high. Your money factor is equal to 3.72%, which is reasonable, but if you drop the residual down to 58%, your monthly lease goes up to $420. I guess we need to find out what the residuals are for each model and year.
 
With gas prices expected to rise, the dealer said she did not expect the deals to be as attractive on the 2011 even though there are virtually no changes. Also, and I might have misunderstood this, the 2011 models (maybe it's the 2012 models?) have numbers (1, 2, 3, & 4) instead of the previous Roman Numerals, but the new Prius V will be a station wagon.

#331 of 393 Re: Lease Rates, etc. [lch77] by killingbee

Feb 21, 2011 (6:54 pm)

Replying to: lch77 (Feb 18, 2011 10:49 pm)
Its is true that all good lease rate is for 2010 models.
What I know about 2011 models is that its about 55%~58% with 0.0012 money factor.
and Prius 3 w/ JBL can easily go over $350 and w/Solar pkg would go over $400.
 
So, I decided not to go for Prius this time.
 
here some ruff calculation I did if anyone interested
 
2011 down MP month total tax mpg gas main. total
civic LX 0, 180, 36, 6480, 632, 26, 4500, 960, 12572
camry LE 0, 259, 35, 9065, 884, 22, 5318, 270, 15537
accord EX 0, 260, 35, 9100, 887, 23, 5087, 960, 16034
 
2010 down MP month total tax mpg gas main. total
prius 2 1999, 259, 36, 11323, 1104, 51, 2294, 270, 14991
prius 2 0, 319, 35, 11165, 1089, 51, 2294, 270, 14818
 
So if I want to go for 2011 Prius 3 then I need to pay more then 2011 Accord EX.
The deal I got so far for 2011 Prius is $0 1st payment $0 drive-0ff
$345(include tax) with JBL and $410(include tax) with Solar pkg for 12k miles/36 month lease.
It is about $2000 more then 2010 Prius 3.
 
*) gas price I used is $3.25 and maintenance is based on the factory recommended regular routine.
 
So, now I'm looking at 2011 Accord EX-L or 2012 Volvo S60.
If I don't get the number I want then probably just wait for the Sonata Hybrid($25000 MSRP)

#332 of 393 Questions about leasing a 2010/2011 Prius IV by lasaab

Mar 03, 2011 (3:57 pm)

Hi there,
 
I'm trying to figure out the best possible lease deal available in California (I'm based in Los Angeles) for a Prius IV. Looking to lease something by April 1.
 
I don't really care about any of the upgrade options other than leather and navigation, but from what I'm told it makes more sense to get the Prius IV than to look for a Prius III with these two things added.
 
I want a lease for 24 or 36 months, don't want to put anything other than tax/title/tags down, and need 12k miles per year.
 
I'd love to get as close to $300 a month including tax as possible. Is that realistic?
 
Also, are they still leasing 2010 models or do I have to get a 2011 model (and is there a big difference in the models?)?
 
Thanks!
A

Messages Page 34 of 40

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