What kinda deal did I get?

jlkeyz

i'm probably better off not knowing........

Went for 2015 Camry XLE lease in Southern California- received Edmunds price promise.
Showed up at dealership and salesman said price could not be applied to a lease and the $750 rebate was for purchase only.

MSRP 28,923
Edmunds 25,141
Residual 16040
36mon lease
paid $1000 and got $300/month payment
They threw in alarm for duration of term. Said it would lower insurance.
Thank you for any feedback.

Michaell

jlkeyz said:

i'm probably better off not knowing........

Went for 2015 Camry XLE lease in Southern California- received Edmunds price promise.
Showed up at dealership and salesman said price could not be applied to a lease and the $750 rebate was for purchase only.

MSRP 28,923
Edmunds 25,141
Residual 16040
36mon lease
paid $1000 and got $300/month payment
They threw in alarm for duration of term. Said it would lower insurance.
Thank you for any feedback.

If your payment of $300/mo includes tax, then you did good for a car that stickers at $29K.

It's possible the Price Promise number does include incentives that are applicable only for a purchase, not a lease.

Enjoy your Camry, and check back in with us when your current lease is up and we'll help you understand the numbers better.

jlkeyz

Thank you Michaell for the info and for all you do for this site.
JL