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2010 Toyota Prius Lease Questions

390 messages,  Last post on May 11, 2013 at 1:53 PM

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

    

Messages Page 35 of 40

#339 of 390 Prius II by witt168

Nov 16, 2011 (10:04 am)

Does anyone know what is the Money Factor & residual for 2011 Prius II now?
 
I'm in Los Angeles and looking for 36 months with 12,000 mile.
 
Thanks.

#340 of 390 2011 Prius II MF & Residual by witt168

Nov 18, 2011 (10:35 am)

Hi Car Man,
 
I'm in Los Angeles area and was quoted Money Factor of .00025 and 57% Residual for Prius II for 36 months/ 36,000 miles.
 
Does those number sound right?
 
Thanks

#341 of 390 2011 Prius II MF & Residual by no_to_co

Dec 15, 2011 (8:31 am)

Any news on what the MF and Residuals for December are? I was told it's 0.0002 and 57% for a prius II. Any ideas what it is for a prius III? (36 months/36,000 miles)
 
Many thanks!

#342 of 390 Re: 2011 Prius II MF & Residual [no_to_co] by witt168

Dec 15, 2011 (11:59 am)

Replying to: no_to_co (Dec 15, 2011 8:31 am)
Hi no to co,
 
I was quoted 0.00025 and 60%.
 
Not sure if this is correct since no movement in this thread for a while.

#343 of 390 2011 Prius II lease. Good deal? by tasteckler

Dec 23, 2011 (7:02 am)

Below is the deal sent to me by a local Toyota dealer for a Prius II. The previous lowest quote I had gotten was $306/mo. (including 7% tax) for 39 mos. with only first payment down. This one is $268/mo. (tax included) for 39 mos. with first payment plus $21 for title fee for a total of $289 due at signing. It seems like a good deal, but I would appreciate any insight (no pun intended) into the deal that anyone might have.
 
Trade(s) Allowance: $0.00
ACV of Trade(s): $0.00
Pay Off of Trade(s): $0.00
Equity in Trade(s): $0.00
Customer Cash/Rebate: $289.20
Total Cash/Rebate/Equity: $289.20
Inception Fees: $289.20
Excess Cash/Rebate/Equity: $0.00
 
Advance
Original MSRP: $24,634.00
MSRP Discounts: $0.00
MSRP Adjustments: -$34.00
Adjusted MSRP: $24,600.00
Maximum Advance: $25,329.00
Residual Value: (59.00%) $14,514.00
Mileage Adj: (0) + 2.00% $492.00
Annual Miles: 12000
Excess Miles: N/A $0.00
Adjusted Residual Value: $15,006.00
 
Rates
Discount / Buy Rate: 0.001130
Adjusted / Sell Rate: 0.001130
 
Deal
Warranty Cost: N/A
Warranty Charge: N/A
Dealer Cost: $23,907.00
Selling Price: $22,407.00
Price Adjustment: $0.00
Adjusted Selling Price: $22,407.00
Down Payment: $0.00
Down Payment Tax: $0.00
Assignment Fee: $695.00
 
Cap Cost
Total Cap. Cost: $23,102.00
 
Profit
Vehicle Mark-Up: -$1,500.00
Warranty Mark-Up: $0.00
Paid Reserve: $0.00
Dealer Incentive: $0.00
Trade(s) Over Allowance: $0.00
Total Profit: -$1,500.00
 
Summary
Payment Recap: 39 Months
$250.65 + 7.00% = $268.20

#344 of 390 Prius January 2012 Lease Money Factor and Residual by cmyawn

Jan 04, 2012 (9:26 am)

Car_man or kyfdx,
 
Are there any Toyota lease incentives coming in January for a Prius IV, 36 months, 12,000 miles per year?
 
If so, what is the money factor and residual percentage?
 
Any cash back/rebates?

#345 of 390 Prius V lease residual and MF? by dwynne

Jan 18, 2012 (3:35 pm)

Anyone know the lease numbers for the Prius V two or three? 36 month lease, 15k miles per year. My wife has a Prius III and loves it, but would like the larger car she thinks.
 
No lease specials are shown on the online sources so I am guessing the "Standard lease rates" apply which equals "bad deal".
 
Thanks

#346 of 390 Re: Prius January 2012 Lease Money Factor and Residual [cmyawn] by Car_man HOST

Jan 22, 2012 (12:17 pm)

Replying to: cmyawn (Jan 04, 2012 9:26 am)
Hi cmyawn. In most of the areas that I have seen Toyota's programs for...and there's a lot of them, 12 different regions...Toyota is not currently providing any lease support on the 2012 Prius.
 
If that is indeed the case in your area and you were to lease one through Toyota Financial Services right now, you would have to use its standard lease money factor. The last time that I checked, TFS' buy rate standard lease money factor was .00200 for Tier 1+ customers.
 
As far as the residual value goes, TFS' published 36-month, 12,000 mile per year residual value for the 2012 Prius IV is 63%. Having said that, TFS calculates vehicles residual values differently than most other banks do. It places restrictions and caps on the options that can be reisualized. This not only makes its real-world residual values lower than its published base model percentages initially appear, but it makes it very difficult for individual consumers to work up lease payments on their own.
 
I don't believe that Toyota is currently providing any cash incentives on leases of this car.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#347 of 390 Re: Prius V lease residual and MF? [dwynne] by Car_man HOST

Jan 22, 2012 (12:20 pm)

Replying to: dwynne (Jan 18, 2012 3:35 pm)
Hey dwynne. While as you suspected Toyota is not currently providing any lease support on the Prius, its standard lease program isn't too bad. TFS' current buy rate standard lease money factor is .00200 for consumers who qualify for its Tier 1+ credit tier. That's equivalent to an interest rate of around 4.8%. While in today's low rate environment that's certainly nothing to write home about, historically speaking it's not too bad.
 
TFS' current 36-month, 15,000 mile per year residual value for the 2012 Prius V is 58%, but please see my previous post as to why this number is misleading.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#348 of 390 Re: Prius V lease residual and MF? [Car_man] by dwynne

Jan 27, 2012 (2:01 pm)

Replying to: Car_man (Jan 22, 2012 12:20 pm)
Do the TFS money factors and residuals vary by region?
 
I am in the Cincy region and the dealer says 0.00220 is the rate. Could be dealer markup (rare in a Toyota) or different region? Your rate would save about $10 a month on the payment, tax included - so not a deal breaker. The rate in any case is not good.
 
From the actual invoice of a V three it works out to 58.7% of MSRP including the two (inexpensive) options. On the invoice of V two with more options it works out to 57.9%. Options are not something you want if leasing from TFS
 
My wife's current III is leased at 0.00075 (1.8%) and 63.5% - a much better deal.
 
Thanks

Messages Page 35 of 40

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