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
#342 of 473 Re: 2011 Prius II MF & Residual [no_to_co]
Dec 15, 2011 (10:59 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 473 2011 Prius II lease. Good deal?
Dec 23, 2011 (6:02 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
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
Discount / Buy Rate: 0.001130
Adjusted / Sell Rate: 0.001130
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
Total Cap. Cost: $23,102.00
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
Payment Recap: 39 Months
$250.65 + 7.00% = $268.20
#344 of 473 Prius January 2012 Lease Money Factor and Residual
Jan 04, 2012 (8:26 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 473 Prius V lease residual and MF?
Jan 18, 2012 (2:35 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".
#346 of 473 Re: Prius January 2012 Lease Money Factor and Residual [cmyawn]
Jan 22, 2012 (11:17 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.
Prices Paid: Buying & Leasing Experiences Forum
#347 of 473 Re: Prius V lease residual and MF? [dwynne]
Jan 22, 2012 (11:20 am)
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.
Prices Paid: Buying & Leasing Experiences Forum
#348 of 473 Re: Prius V lease residual and MF? [Car_man]
Jan 27, 2012 (1:01 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.
#349 of 473 accessories - mudflaps
Feb 24, 2012 (5:54 pm)
first lease, 2011 Prius II, I would like to install mudflaps but not having leased before I am not sure what the implications would be at lease end. I have emailed customer service but it goes in a loop of check with, check with, check with, no definitive answer. I would appreciate any info from someone who has ended a lease with non factory/dealer accessories installed. I would expect to leave the flaps on at lease end.
#350 of 473 Re: accessories - mudflaps [cessna10]
by kyfdx@Edmunds HOST
Feb 25, 2012 (9:28 am)
If it's a Toyota accessory that is commonly added (like mudflaps), then there will be no issues at lease end..
Big wing spoiler, curb feelers or padded vinyl roof? Then, you might have a problem..
#351 of 473 Re: accessories - mudflaps [kyfdx]
Feb 26, 2012 (7:04 am)
thanks for the reply, the part that seems to be causing the conflict is that mudflaps are not on the Toyota accessory list. The parts would have to be aftermarket, so that may be what is causing the uncertanity. It may be wiser to go without and use the $200 to repair any chips before the vehicle is returned. With all the "customer support contacts, videos, and contact numbers" provided by the mfg it should not be quite this difficult to receive a definitive answer.