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2014 Toyota Prius Lease Questions

Kirstie@EdmundsKirstie@Edmunds Posts: 10,676
edited January 21 in Toyota
Ask questions about leasing the 2014 Toyota Prius, or share your deal here!

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Comments

  • Hi guys,

    This is the best offer I got so far in Northern California. It feels higher than I thought as the cap cost quoted here is higher than a quoted sale price I got of $23,900 for the Prius 3. Any advice?

    A. 2014 Toyota Prius III MSRP: $26,800, 36-Month Lease for 12k Miles per Year: Drive-Off - $721 (1st Payment, DMV, Doc fees and a small sales tax) Monthly Payment - $319 + tax Cap Cost - $25,415 MF - .00090 Residual - $15,974

    B. 2014 Toyota Prius v III (in stock) MSRP: $28,550 36-Month Lease for 12k Miles per Year: Drive-Off - $754 (1st Payment, DMV, Doc fees and a small sales tax) Monthly Payment - $340 + tax Cap Cost - $27,075 MF - .00130 Residual - $17,610

  • Hi Kirstie, Can you please provide MF / Residual for 2014 Prius 4. Looking at 24 / 15K(?)not sure this is available and 36 / 15K Thanks!

  • kyfdx@Edmundskyfdx@Edmunds Posts: 25,914

    @bcampbell001 said: Hi Kirstie, Can you please provide MF / Residual for 2014 Prius 4. Looking at 24 / 15K(?)not sure this is available and 36 / 15K Thanks!

    I've got money factors, but not the residuals..

    .00001 MF for 24 months, and .00042 for 36 months..

    Moderator - Prices Paid, Lease Questions, SUVs

  • djrobsddjrobsd Posts: 16

    Does anyone have updated MF or residual info for the Prius Hatchback? I am pretty sure the residual is 17, 182 because I've got quotes from 8 dealers, and the ones who were willing to give me the residual listed it as 17,182.

    Tier 1+

  • kyfdx@Edmundskyfdx@Edmunds Posts: 25,914

    @djrobsd said: Does anyone have updated MF or residual info for the Prius Hatchback? I am pretty sure the residual is 17, 182 because I've got quotes from 8 dealers, and the ones who were willing to give me the residual listed it as 17,182.

    Tier 1+

    In most regions, the money factor is .00001 for April. I don't have residuals for the Prius. Dealers can't alter them, so what you see is what you get.

    Moderator - Prices Paid, Lease Questions, SUVs

  • witt168witt168 Posts: 16

    Hi Kirstie,

    Can you provide the money factor ro Prius II 36 months lease, 12,000/ year? I'm in L.A. area.

    Thanks.

  • Michaell@EdmundsMichaell@Edmunds ColoradoPosts: 1,180

    @witt168 said: Hi Kirstie,

    Can you provide the money factor ro Prius II 36 months lease, 12,000/ year? I'm in L.A. area.

    Thanks.

    61% residual and .00001

    michaell@edmunds.com

    Moderator, Prices Paid and Leasing Experiences

    2013 Hyundai Elantra GT / 2010 Mazda CX-7 GT / 2014 MINI Countryman S ALL4

  • witt168witt168 Posts: 16

    Hi Michaell,

    Thanks for the quick response.

    I was offer a selling price of $22,988, total of $367.75 fee and residual of $14,762 for Prius II, 36 month lease with 12,000 miles/year with $0.00 out of pocket due at signing.

    Using the Edmund calculator, the lease payment comes out $259.00.

    Is this correct?

  • Michaell@EdmundsMichaell@Edmunds ColoradoPosts: 1,180

    @witt168 said: Hi Michaell,

    Thanks for the quick response.

    I was offer a selling price of $22,988, total of $367.75 fee and residual of $14,762 for Prius II, 36 month lease with 12,000 miles/year with $0.00 out of pocket due at signing.

    Using the Edmund calculator, the lease payment comes out $259.00.

    Is this correct?

    Looks pretty close - my calculations come back with a pre-tax payment of $239.10, so 8-8.5% tax gets you to around $259/mo.

    michaell@edmunds.com

    Moderator, Prices Paid and Leasing Experiences

    2013 Hyundai Elantra GT / 2010 Mazda CX-7 GT / 2014 MINI Countryman S ALL4

  • witt168witt168 Posts: 16

    Hi Michaell,

    Thanks for the quick and great help.

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