I live in the South Central area of Pennsylvania and would like to find the residual and money factor for a 2015 Toyota Corolla LE (which has an MSRP of $19,340). Thank you.
I live in the South Central area of Pennsylvania and would like to find the residual and money factor for a 2015 Toyota Corolla LE (which has an MSRP of $19,340). Thank you.
.00030 and 65% for 36 months, 12K miles per year.
This is not the PA specific information, but it's the best we have at the moment. It may be the same for you, but it may not....
What are the lease numbers for a 2015 corolla s plus and the s premium for 36 months/12k in Southern California? Thanks in advance. You are doing a great service with your information.
What are the lease numbers for a 2015 corolla s plus and the s premium for 36 months/12k in Southern California? Thanks in advance. You are doing a great service with your information.
Thanks Michaell, what about the LE Premium (not the ECO one) and S Premium, are the numbers the same for those trims? (15k/36month/Florida)
Thanks again!
As far as I know, yes. But, be advised that Toyota lease numbers are very regional, and options may not be residualized the same way as other makes.
There is a dealer I'm in contact with who claimed that there is maximum residualized value "MRM" equal to $22,600 for Toyota Corolla S Plus, he says Southeast Toyota Finance has this limit. Is that what you referred to by options not being residualized the same way as in other makes? He sounded very shady, is there a direct way to ensure dealer is calculating the monthly lease correctly? If I contact Southeast Toyota Finance and provide them with all my purchase details, would they calculate the monthly lease fee for me?
Thanks Michaell, what about the LE Premium (not the ECO one) and S Premium, are the numbers the same for those trims? (15k/36month/Florida)
Thanks again!
As far as I know, yes. But, be advised that Toyota lease numbers are very regional, and options may not be residualized the same way as other makes.
There is a dealer I'm in contact with who claimed that there is maximum residualized value "MRM" equal to $22,600 for Toyota Corolla S Plus, he says Southeast Toyota Finance has this limit. Is that what you referred to by options not being residualized the same way as in other makes? He sounded very shady, is there a direct way to ensure dealer is calculating the monthly lease correctly? If I contact Southeast Toyota Finance and provide them with all my purchase details, would they calculate the monthly lease fee for me?
That doesn't surprise me ... Toyota in general and SET in particular do some, um, "interesting" things with the lease data. Which makes it tough to figure out the real numbers being used to calculate a lease.
MRM is something I see on Porsches and Land Rovers, but I suppose it could apply to any make and model.
Not sure that SET will do your calculations for you; they might refer you back to the dealer.
Ok Thanks Michael! I will report back my experience here if I end up leasing the Corolla. You guys have been very helpful to me and I hope to get the chance to contribute something to this site.
Comments
Thanks in advance
24 months / 12K - .00038 but no residual information
36 months / 12K - .00030 and 65%
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
This is not the PA specific information, but it's the best we have at the moment. It may be the same for you, but it may not....
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
240$ + Tax for 24 Months
215 + Tax for 36 Months
270$ all inclusive for 36 Months.
MRSP - 19000$
Selling Price - 16800$
Denver region: .00031 MF and 65% residual for 36mo, 12K/yr.
.00031 MF and 75% residual for 24mo, 12K/yr
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Thanks again for great service!
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Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Thanks again!
Edmunds Price Checker
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Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
That doesn't surprise me ... Toyota in general and SET in particular do some, um, "interesting" things with the lease data. Which makes it tough to figure out the real numbers being used to calculate a lease.
MRM is something I see on Porsches and Land Rovers, but I suppose it could apply to any make and model.
Not sure that SET will do your calculations for you; they might refer you back to the dealer.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige