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got a Prius II with 20K a year lease miles 36 months 60K miles
Carpet mats
Took the Platinum warranty 3/80 wanted to be covered as i dont want any suprises So I should be safe for the next 3 years
364 a month
521 out the door first month 364 and $157 Motor vehicle fees
Purchase option of $13732 after the 36 months
Tell me what you think
I just leased a Prius II the other day from Royal Palm Toyota here in Florida. The sticker price on the vehicle (including the upcharge for Blizzard White paint, carpet mats and Toyoguard Plus Protection Group) was $24,892. My lease payments for 36 months, 15k miles / year with $2,700 out of pocket and a residual value of $17,500 will be $198.00 per month.
This looked like a great deal to me, but I haven't been shopping around. Confirmation from folks here that I'm getting it at a decent price might help to put my wife at ease. I mentioned the auction to her about 20 minutes before bidding closed and said I was thinking of putting in a bid at around $20k. I told her I thought the car would likely fetch a lot more, but I couldn't resist giving it a shot. When I told her I won the auction she thought I was either kidding or nuts.
I hope our two border collies will fit okay!
:shades:
I have enquired with a credit union which offers $18.5 per $1000 auto loan.
thanks in advance
i am from the bay area as well and I am looking to buy the 2010 PRIUS II. I got a similar offer from a dealership for 20777+destination+tax and fees. I was hoping if you can share with me where you got your Prius. Thanks.
MSRP: 23,817 (including 750 destination)
Invoice Price: 22,647
Purchase Price: 21491 + 349 doc fee. No tax in NH
Price includes Carpet Floor Mats & Cargo Mat (200.00) and Wheel locks (67.00)
HTH
MSRP: $30,030.00
Sale Price: $27,482.00
Temp Tag: $19.00
No tax since the value of my trade-in was more than the sale and will be getting a refund check back...
Extended Warranty: 7y/100k/0d for $1,400 (not sure if this is a great deal though)
I got also a great deal with my trade-in 2010 4Runner LTD 4WD with NAV and 10,000 miles in ODO that got $5,000 more than in NC in CarMax and I decided to travel 10 hours both ways in MD...
I am also saving $99.00 as I will be doing the final paper work in DMV. Fantastic smooth experience with the delearship is FitzMall in Gaithersburg, MD dealership...
for Prius V (top-line model)....MSRP base $28,820...invoice base $27,383.
AAA member base $27,083 ($300 below invoice)
Base excludes delivery, motor vehicle fees, and taxes.
But the above MSRP and invoice prices are different than Edmunds.com??!!
Traded in a 2006 Lexus IS-350 with 58k miles, Levinson+Nav+Premium Pkg+Luxury Pkg+bluetooth+spoiler KBB High Trade is $20925 in exc. Car did have some scratches on bumper, so maybe condition is Good rather then excellent for $19775. Loan balance is ~24,600.
New vehicle is Prius 5 w/ Nav & Preferred Premun Accessory Package for a total MSRP w/ destination of $31500.
Dealer gave me a money factor of .00085. After they pulled credit, they told me that this money factor was unheard of for my credit score, but they gave it to me anyway, claiming that they would be loosing their shirts or getting their butts chewed on the deal. LOL
Residual on the contract is listed as $19713.
Down was 1706.99, which breaks down to cap cost red of 539.07, 1st payment of 587.07, title 427, tax on cap cost 47.17, doc prep 48.94, tire fee 8.75, smog 20, electronic dmv fee 29.
So, Gross Cap is 37938.56, cap cost red 539.07, adj cap 37399.50, residual 19713, depreciation 17686.49, and rent of 1747.39 for a base monthly payments of $19433.88. 36 month, 12k mile lease, base payment 539.83, tax 47.24 total 587.07.
My guess is that under normal circumstances, I got a great financing rate, but paid full MSRP for the car, so I really didn't get a good deal.
Throw my trade into the mix, I probably came out 2000 behind.
Throw in the credit score, and it probably all evens out, but I still feel like that first line on the contract "Total Agreed Upon Value of Vehicle being sold" should have been much lower then $31,500!
For the time being, I'll just suck it up and enjoy my new ride - and the fact that I am reducing my contribution to BIG POLLUTERS, just curious what people think about the deal.
I am in Chicago and here is the deal I currently have to lease a Prius III:
Term: 36
Miles: 12,000
MSRP: $23,800.00
Negotiated Price: $22,973.00
RV: $16,184
MF: 0.0015
Chicago Tax: 10.25% (Applied to full amount and divded by term)
Usage Tax: 8.00% (Applied to full amount and divded by term)
= $362.77 / month
Is this is a good deal or should I go back the drawing board?
I paid cash for a new IV w/o Nav, only extra was 5 floor mats, no extended warranty, and no trade. My searches showed only 2 of these were available within a couple hundred miles.
Dealer charges are below (doesn't include title, tax, registration)
Vehicle Base $25,100
Documents Fee 299
Total $25,399
Invoice (asked for it after sale completion) was $25,762. Invoice also states that the dealer is entitled to a $524 reserve and $262 wholesale finance reserve.
Negotiations were over the phone and email. Dealer interactions varied greatly, but I choose the most professional and honest dealer who gave me a good price. I was pleasantly surprised by the laid back buying experience.
Term: 36
Miles: 15,000
MSRP: $23,800
Negotiated Price: $22,600
RV: 60%
MF: .00032
NYS Tax: 8.63 rolled in
Bank fee rolled in
Nothing down except first month payment and DMV.
= $273/month lease
Prius III with just mats and the dealer installed remote start
MSRP: $24,750 + remote start ($529 or more)
Sell price: $23,985 including remote start
Doc fee: $250
Plus taxes + tags +title
We did the cheap lease, so paid $288.19 + tax at signing and the same amount will be the monthly payment.
Not the world' best deal, but I thought it was a nice deal. My wife loves the car so far.
Prius III with navigation, blizzard pearl, mats/cargo mat, remote engine start
Invoice: $25,325
Sell price: $24,500
Total Out the Door (including dest, doc fee, tax, title, state tire fee) = $27,306.86
Came with the 2 yrs free maintenance, and got the interest free financing.
Best deal I could find by far.
Thanks,
Los Angeles area.
Prius III with navigation, blizzard pearl, mats/cargo mat, remote engine start
Invoice: $25,325
Sell price: $24,500
Total Out the Door (including dest, doc fee, tax, title, state tire fee) = $27,306.86
Came with the 2 yrs free maintenance, and got the interest free financing.
Best deal I could find by far.
-------------------
He said the destination charge was in included in his OTD number ($27,306.86).
Am getting this as second car so I can drive in HOV lane - is this good or can I do better?
I've spend almost 12 hours a day this week doing all this research and strats to get the lowest bid around my state, thats the best I can come up with a bunch of different cars.
MSRP: 32,495
Selling Price: 29,590
Some Price Adjustment Thing: $829
Adj. Price: 30,418
Residual: 59%
MF: .000200
Monthly Payment Including Taxes (8.63%) is: $356
So before I jump at this, have not clue if I could do better. And also would anyone know what price adjustment would be?
Any information will be helpful.
Where did you get that deal? I was quoted by 2 dealers Prius III solar roof for $700 down, $350 a mo, which I feel is a little high. I am in NE Ohio I think your deal is very good.
Got a a Silver Prius IV with Solar Roof Pkg, Carpeted Mats, Wheel locks, Rear Protective Film - MSRP - 31,976. Deal was:
36 mo/12K no - True Sign and Drive (all taxes rolled in, 8.63%) only 1st mo +DMV. Monthly payment is $336 mo. Pick it up tomorrow!
The car is great and I'm paying $342/mo with everything rolled in for the Prius IV, Solar Roof and some other things that added up to a MSRP price of $31,976. Price of car bill of sale is $29,107.33 plus taxes at 8.63% ($1061.62) + $200 GAP + $650 acquisition fee for total $31018.95.
You really got a great deal. I have a dealer in NE area quoting me III with Solar roof MSRP $28,580 and purchase price of $25,263. However, when I ask for lease payment at that buy price, sign and drive, they are still coming up with $340 a month. I have residual of $17,195. Money factor .00078. Not sure how to calculate what it really should be at that purchase price. But something doesnt add up. It should be closer to $300. It sounds like they are making the calculation at full MSRP. I will try another dealer.
Sounds like you got a good purchase price but the money factor seems high. I got .00020 which amounts to about .5% interest. My residual was at about 60% also - check out these two things especially the money factor - that could be the extra $30 or $40 a month that they are charging you. The money factors are set by Toyota so there shouldn't be any variation.
Where I live, TFS shows .00075 as the Tier 1+ rate right in the offer. For NY, for example, they don't show the rate but you know it is REAL LOW based on the numbers they do show ($179 per month lease).
Comes up in about every forum this time of year. The answer is we have no idea - it depends on how sales are doing and the supply on cars on hand. In June, they sold 10,998 Prius cars compared to June 2009's number of 12,998 (a drop of 15.4%), year to date 2010 is 66,039 compared to the 1st half of 2009's 55,751 (up 19.2%). In May they moved 14,248, so June is down a good bit. If they still have a lot of cars on the ground, then I would assume low prices and deals will continue -but we will not know July numbers until next month. A strong month of July could mean less incentives for next month.
My advice is if you get a good deal you can live with, then get the car. There could always be better deals later, but there also could be fewer cars to choose from with the colors and options you want. If you have a trade, it will be worth less money once it is another model year older as well.
Detail -
24,760 Vehicle Price
279.00 clear bra
299.00 theft protection
-2,137.00 Preferred Customer discount
-1,000.00 Self financing or cash discount
22,201 Selling price
With Tax just over $1000 and dealer handling of $499 I was out the door at just over $23,700.
I'm pretty sure this was as good deal as they implied there was no profit and only helped increase their sales numbers.
I am getting a below offer from a bay area dealer. Please suggest if I can do better than the below offer. Also what is the current M.F. for Toyota?
2010 Toyota Prius IV with Solar Sun Roof. This model includes Solar Roof with Tilt/Slide Moonroof w/ Solar Powered Ventillation System and Remote Air Conditioning System, Voice Activated Screen DVD Navigation System, Bluetooth Technology, Integrated Back Up Camera and Safety Connect that includes Collision Notification, Stolen Vehicle Location, Emergency Assistance Button(SOS) , Roadside Assitance, Leather Seats w/ Lumbard Support on Driver Side and Carpet Floor Mat, JBL Stereo AM/FM MP3 6 Disc CD Changer w/ 8 Speaker, Smart Key System w/ Push Button Start and Keyless Remote System.
The Internet /Fleet price is $29,242.00 after rebate plus tax & license.
Thanks
What city or dealership did you get this from?
- $0 down, 36 mo., 12k miles p/yr, $349 (tax and gap included).
MF was .0009
GAP was around $400 for the 36 month term. I didn't want this, but they requirred it to do the deal.
I leased a level III with NAV in January before the recall issue and put $1500 down, same terms and was at $340 a month inc tax. Ended up selling it and got this one. I swear this one performs better and feels a lot more solid over my previous 2010 prius. I am thinking maybe better quality control has been implemeneted.