Toyota Avalon Hybrid Leasing Question

nonpulsednonpulsed Member Posts: 22
edited May 2015 in Toyota
For current leasing information, go to 2015 Toyota Avalon Hybrid Lease Questions



Hi, Looking for Money Factor and Residual on 2014 Avalon Hybrid Touring in So California 24 months 15,000 miles and 36 months 15,000 miles. Also, any lease cash this month?

Comments

  • kyfdxkyfdx Moderator Posts: 255,687
    .00027 MF and 56% residual for 36mo, 15K/yr

    .00001 MF and 66% residual for 24mo, 15K/yr.

    No lease cash.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • nonpulsednonpulsed Member Posts: 22
    Hi, Looking for Money Factor and Residual on 2014 Avalon Hybrid Touring in So California 24 months 15,000 miles and 36 months 15,000 miles.
  • MichaellMichaell Moderator Posts: 253,978
    nonpulsed said:

    Hi, Looking for Money Factor and Residual on 2014 Avalon Hybrid Touring in So California 24 months 15,000 miles and 36 months 15,000 miles.

    24/15 - .00001 and $150 lease cash. 66% residual.

    36/15 - .00027 and 56%

    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

  • nonpulsednonpulsed Member Posts: 22
    Thank You! I was wondering, does Toyota have residual % for 20,000 miles a year? or would you just multiple the excess mileage by .20 per mile? and add per month? Thank You again
  • MichaellMichaell Moderator Posts: 253,978
    nonpulsed said:

    Thank You! I was wondering, does Toyota have residual % for 20,000 miles a year? or would you just multiple the excess mileage by .20 per mile? and add per month? Thank You again

    Toyota doesn't have a published program for anything in excess of 15,000 miles. However, it wouldn't surprise me that you can buy the extra miles for a set price up front (say, .10-.20 per) and have that amount deducted from the calculated residual value.

    Example - MSRP is $40,000 and residual is 50%. If you want to buy 5,000 miles per year for 3 years at .20 per mile, that comes to $3000 (15,000 * .20). The $3000 is deducted from the residual of $20,000 to get a new residual of $17,000.

    The rest of the lease calculations stay the same.

    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

  • PF_FlyerPF_Flyer Member Posts: 9,372
    For current leasing information, go to 2015 Toyota Avalon Hybrid Lease Questions
This discussion has been closed.