Need advice on leasing

coolguy8157

Hello.....I just want your opinion on how to work this thing out..... I own outright a fully loaded 07 G35 sedan.... I have a company now and want to lease a new FX35 for my company and dump the G.... Is there anyway to sell the G to the dealer and get a lease on an FX...or is it worth just selling the G myself and leasing an FX....Need your opinion please.
thanks

jxlxr

I would do some research utilizing the various sources to see what the value of your car is. Selling outright is always usually the most profitable but more difficult. Trade-in is easy but you pay for the convenience.

The option that may be best for you is to look at trading in the G against a purchase of the FX. You would then qualify for the various purchase incentives and will already have some decent equity in the FX.

You could of course trade in the G and lease an FX. I would just tell the dealer that proceeds from the G are not going into the lease as that does not make sense. Don't put any dollars into a lease other than normal up front costs such as taxes and fees.

As long as you are armed with the right information you can make either deal work for you.

coolguy8157

I never thought that you can trade the G and buy an FX for business....the thing is...I'm not sure whether I can roll my personal equity into a business deal...that's where I'm stumbled...
thanks for the info...may be I need to explore this further.

coolguy8157

I was about to pick this up..the deal is done....

Umbria Twilight/Wheat
AWD, Premium, Nav, Deluxe Touring, Tow, Cargo organizer, splash guards ... MSRP 53365..Selling price $47960.
39/15000 miles ... $ 2500 down, $ 2000 loyalty rebate down
.00091/ 50 % residual
Monthly payment 599.54 (includes WA 8.4% tax)....
...I might need to sell my G on my own...

nagaraj

hi i am planning to lease a toyota corolla, the current offer seems to be attractive, is it a good offer

tidester

the current offer seems to be attractive, is it a good offer

I don't think anyone could judge whether the offer is a good one unless they had some details.

tidester, host
SUVs and Smart Shopper

delta737h

nagaraj,

Toyota is offering lease support for two Corolla trimlines. For details, go to...

http://www.buyatoyota.com/Specials/SpecialOffers.aspx?series=Corolla

First Offer

$149 per month for 36 months $2199 due at signing35 MPG HWY For a limited time get a free maintenance plan when you buy or lease a new Toyota Disclaimer:

Offer good on new 2010 Corolla LE Model 1838, 1.8-liter DOHC 16-valve dual independent VVT-I 4-cylinder, color keyed electric outside rear view mirror with heater, AM/FM/In-Dash 6 CD changer with WMA/MP3 playback capability, Satellite capable (requires receiver and subscription) with six speakers, all weather guard package includes: heavy duty heater with rear seat heater duct, anti-chip tape and heated outside mirrors; power windows with driver-side auto-down feature, cruise control, remote keyless entry, all weather mats, plus much more! $149/Mo. – 36 Month Lease. $2,199 due at lease signing. Includes $1,400 Customer Down Payment + First Month’s Payment/$149 + $650 Acquisition Fee. $175 security deposit waived to qualified buyers subject to approved credit through Toyota Financial Services. Good on Tier I PLUS only. 36-month payments total $5,364 – excludes state and local taxes, tags, registration and title, insurance, and dealer charges. Lease Factor .00002. Closed-End Lease. Lease-end purchase option $10,797. The manufacturer’s suggested retail price for the new 2010 Corolla LE Model 1838 is $18,290. Includes destination charge, but excludes state and local taxes, tags, registration, title and insurance. Adjusted Capitalized Cost is $16,142based on dealer participation...

ANALYSIS

Selling Price: 16,892.00... The selling price is negotiable and so I suggest that you research Edmunds invoice pricing and deduct any applicable cash incentives. Also, check overstock at zag.com for lowest competitive pricing in your area.

Money Factor: 0.00002 (or about 0.048% EXCELLENT!!!)

Although not likely, there may be cash incentives available.

Second Offer

$169 per month for 36 months $2199 due at signing 34 MPG HWY For a limited time get a free maintenance plan when you buy or lease a new Toytoa! Disclaimer:

Offer good on new 2010 Corolla S Model 1834, 1.8-liter DOHC 16-valve dual independent VVT-I 4-cylinder, AM/FM/in-dash 6 CD changer with WMA/MP3 playback capability, Satellite capable (requires receiver and subscription) with six speakers; All Weather Guard Package includes: heavy duty heater, with rear seat heater duct, anti-chip tape and heated outside mirror; S Extra Value Package includes: 16” Alloy wheels with P205/55R16 steel-belted Radial tires, rear deck spoiler, power windows with driver’s side one-touch down, remote keyless entry with key transmitter and cruise control; carpet floor mats and trunk mat plus much more! $169/Mo. – 36 Month Lease. $2,199 due at lease signing. Includes $1,380 Customer Down Payment + First Month’s Payment/$169 + $650 Acquisition Fee. $200 security deposit waived to qualified buyers subject to approved credit through Toyota Financial Services. Good on Tier I PLUS only. 36-month payments total $6,084 – excludes state and local taxes, tags, registration and title, insurance, and dealer charges. Lease Factor .00075. Closed-End Lease. Lease-end purchase option $11,557. The manufacturer’s suggested retail price for the new 2010 Corolla S Model 1834 is $19,005. Includes destination charge, but excludes state and local taxes, tags, registration, title and insurance. Adjusted Capitalized Cost is $16,873 based on dealer participation...

ANALYSIS

Selling Price: 17,603.00... Once again, the selling price is negotiable and so I suggest that you research Edmunds invoice pricing and deduct any applicable cash incentives. Also, check overstock at zag.com for lowest competitive pricing in your area.

Money Factor: 0.00075 (or about 1.80% Very Good!!!)

Although not likely, there may be cash incentives available.

Questions? Let me know.

Jo