2016 Toyota Corolla Lease Questions

eduar118eduar118 Member Posts: 5
edited February 2016 in Toyota
Hello Carman,
Hi again !! its that time of the year and my lease ends in December :-) , Hope you are doing well. I live in the South Florida area ( Miami ) and want to see if you can tell me Residual Values for 24m and 36m, with Money factors, the most discount you think I could get and Incentives if any for Toyota Corolla 2016 LE and S with auto trans, and back up camera. Thank you as always !!!!
PS:
Thanks for sharing all the info, knowledge and for helping regular customers to buy a car.
Ed
«13

Comments

  • MichaellMichaell Moderator Posts: 250,440
    eduar118 said:

    Hello Carman,
    Hi again !! its that time of the year and my lease ends in December :-) , Hope you are doing well. I live in the South Florida area ( Miami ) and want to see if you can tell me Residual Values for 24m and 36m, with Money factors, the most discount you think I could get and Incentives if any for Toyota Corolla 2016 LE and S with auto trans, and back up camera. Thank you as always !!!!
    PS:
    Thanks for sharing all the info, knowledge and for helping regular customers to buy a car.
    Ed

    LE - 70% for 24/15 and 62% for 36/15
    S - 72% for 24/15 and 64% for 36/15

    .00002 MF for 24 months; .00157 MF for 36 months

    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

  • stanhudsonstanhudson Member Posts: 5
    Hi. How do I use this information to get the best lease? I have not leased before. This is for someone else I am helping. Thanks.
  • MichaellMichaell Moderator Posts: 250,440

    Hi. How do I use this information to get the best lease? I have not leased before. This is for someone else I am helping. Thanks.

    Use this link to get started with research on leasing:

    http://www.edmunds.com/car-leasing/

    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

  • woodard1973woodard1973 Member Posts: 9
    Carman, any updates on the December lease rates?
  • MichaellMichaell Moderator Posts: 250,440

    Carman, any updates on the December lease rates?

    What trim, lease term, miles per year and state?

    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

  • woodard1973woodard1973 Member Posts: 9
    Sorry - Maryland
    LE and S Plus models
    36mo/12k
  • MichaellMichaell Moderator Posts: 250,440

    Carman, any updates on the December lease rates?

    Sorry - Maryland
    LE and S Plus models
    36mo/12k

    LE - 64%
    S Plus - 65%

    .00132 and $1000 lease cash.

    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

  • poorcustomerpoorcustomer Member Posts: 9
    Are these numbers (MF, RV, and LC) still valid for 12k/36mo in Maryland?

    Thank you

  • MichaellMichaell Moderator Posts: 250,440

    Are these numbers (MF, RV, and LC) still valid for 12k/36mo in Maryland?

    Thank you

    Through the end of today, yes.

    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

  • poorcustomerpoorcustomer Member Posts: 9
    Michaell said:

    Are these numbers (MF, RV, and LC) still valid for 12k/36mo in Maryland?

    Thank you

    Through the end of today, yes.
    Thank you Michaell.
  • 1985mb1985mb Member Posts: 60
    Any changes in RV, MF, LC since 1/4?

    2016 S plus or special ed.
    24/10k
    NY/NJ

    Thx!
  • kyfdxkyfdx Moderator Posts: 251,144
    1985mb said:

    Any changes in RV, MF, LC since 1/4?

    2016 S plus or special ed.
    24/10k
    NY/NJ

    Thx!

    .00138 MF and 73% residual for 24/12. $1000 lease cash.

    We don't show a 10K/yr allowance, but if available, residual should be 1% higher.

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

    Edmunds Moderator

  • ombarr96ombarr96 Member Posts: 59
    Hi. I am in Texas Zip Code 76006 and may be looking to lease a 2016 Corolla LE for 36 months (just in case I don't have any luck getting a good lease deal on a Camry). Can you please provide the Money Factor and Residual Values for 12K miles/year for an LE trim level? Also, does my Toyota Gulf States region have any cash incentives/rebates/dealer cash for leases out for Corollas this month (January 2016)? Thanks in advance for all the great info you have provided in the past.
  • kyfdxkyfdx Moderator Posts: 251,144
    ombarr96 said:

    Hi. I am in Texas Zip Code 76006 and may be looking to lease a 2016 Corolla LE for 36 months (just in case I don't have any luck getting a good lease deal on a Camry). Can you please provide the Money Factor and Residual Values for 12K miles/year for an LE trim level? Also, does my Toyota Gulf States region have any cash incentives/rebates/dealer cash for leases out for Corollas this month (January 2016)? Thanks in advance for all the great info you have provided in the past.

    .00073 MF and $1000 lease cash. 64% residual

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

    Edmunds Moderator

  • 1985mb1985mb Member Posts: 60
    kyfdx said:

    1985mb said:

    Any changes in RV, MF, LC since 1/4?

    2016 S plus or special ed.
    24/10k
    NY/NJ

    Thx!

    .00138 MF and 73% residual for 24/12. $1000 lease cash.

    We don't show a 10K/yr allowance, but if available, residual should be 1% higher.
    Thanks! Do the numbers change in CT/MA or PA? That MF seems rather uncompetitive from TFS when so many other models are like .00040-.00070
  • kyfdxkyfdx Moderator Posts: 251,144
    1985mb said:

    kyfdx said:

    1985mb said:

    Any changes in RV, MF, LC since 1/4?

    2016 S plus or special ed.
    24/10k
    NY/NJ

    Thx!

    .00138 MF and 73% residual for 24/12. $1000 lease cash.

    We don't show a 10K/yr allowance, but if available, residual should be 1% higher.
    Thanks! Do the numbers change in CT/MA or PA? That MF seems rather uncompetitive from TFS when so many other models are like .00040-.00070
    Those numbers are for the New York region. Don't have anything specific for the other states you mention.

    But, it's .00105 for Cincinnati, and .00132 for Central Atlantic, so not far off other places.

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

    Edmunds Moderator

  • punu055punu055 Member Posts: 21
    Could you please let me know is this good deal? No plans to keep the car after 2 yrs.

    Location: Columbus, Ohio

  • kyfdxkyfdx Moderator Posts: 251,144
    punu055 said:

    Could you please let me know is this good deal? No plans to keep the car after 2 yrs.

    Location: Columbus, Ohio

    Which model is it?

    Did they disclose money factor or residual percentage?

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

    Edmunds Moderator

  • punu055punu055 Member Posts: 21
    kyfdx said:

    punu055 said:

    Could you please let me know is this good deal? No plans to keep the car after 2 yrs.

    Location: Columbus, Ohio

    Which model is it?

    Did they disclose money factor or residual percentage?
    Model is : 2016 Toyota Corolla S Plus
    I wasn't aware those factors and Residual. Do I need to know these details if I don't buy this car after 2 years? I am planning to minimize my money installments. Please advice.
  • MichaellMichaell Moderator Posts: 250,440
    punu055 said:

    kyfdx said:

    punu055 said:

    Could you please let me know is this good deal? No plans to keep the car after 2 yrs.

    Location: Columbus, Ohio

    Which model is it?

    Did they disclose money factor or residual percentage?
    Model is : 2016 Toyota Corolla S Plus
    I wasn't aware those factors and Residual. Do I need to know these details if I don't buy this car after 2 years? I am planning to minimize my money installments. Please advice.
    You need to know these numbers so you can be confident that you are getting the best payment for the 2 years you lease the car.

    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

  • tampakevtampakev Member Posts: 2
    Leased a LE and already I am in instant remorse. Lease is 232/month 0 down , got a $400 gift card, for a 36 month 36k Corolla LE. RV: 13292, MF : .00140, could negotiate msrp down from 19350. It's approximately 220/month , how better could I have done?

    Wish I did some more homework. 
  • MichaellMichaell Moderator Posts: 250,440
    tampakev said:

    Leased a LE and already I am in instant remorse. Lease is 232/month 0 down , got a $400 gift card, for a 36 month 36k Corolla LE. RV: 13292, MF : .00140, could negotiate msrp down from 19350. It's approximately 220/month , how better could I have done?

    Wish I did some more homework. 

    Don't worry about the numbers - enjoy driving your new car for the next three years and come on back then to do your research on your next lease or purchase.

    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

  • tampakevtampakev Member Posts: 2
    I know there is not much I could do. I just want to know how much to drink to forget this episode :) an accurate $ Amt I am paying extra will help -- someone give me a # please and get me out of my misery. 

    Went back to dealer asking for a 24 month lease instead but no luck, all papers are signed. 
  • MichaellMichaell Moderator Posts: 250,440
    tampakev said:

    I know there is not much I could do. I just want to know how much to drink to forget this episode :) an accurate $ Amt I am paying extra will help -- someone give me a # please and get me out of my misery. 

    Went back to dealer asking for a 24 month lease instead but no luck, all papers are signed. 

    We need some more numbers.

    MF of .00140 is pretty high - but, it is the correct rate (not inflated). 36/12 residual on the LE is 64%.

    You must have gotten some discount from the MSRP, because if I use MSRP as the net cap cost, I get a payment of $248/mo + tax, and you are only paying $220.

    Looks like you did just fine.

    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

  • ombarr96ombarr96 Member Posts: 59
    Hi. I am in Texas Zip Code 76006 and again didn't like the dealer's offer to lease a 2016 Corolla L or LE for 36 months this past weekend. Can you please provide the Money Factor and Residual Values for 12K miles/year for both an L and LE trim level for FEBRUARY 2016? Also, does my Toyota Gulf States region have any cash incentives/rebates/dealer cash for leases out for Corollas this month (February 2016)? As always, thanks in advance for all the great info you have provided in the past.
  • telstra489telstra489 Member Posts: 2
    edited February 2016
    Hey, first let me thank you for the tremendous service you do for us that like to do our homework on car shopping!

    I'm located just outside of Philadelphia, PA and am trying to negotiate a lease on a 2016 Corolla LE that has an MSRP of $19,725. I only drive about 8k miles per year (but usually less). What are the MF, Residual and any rebates/incentives for this month?

    Thanks again!
  • kyfdxkyfdx Moderator Posts: 251,144
    ombarr96 said:

    Hi. I am in Texas Zip Code 76006 and again didn't like the dealer's offer to lease a 2016 Corolla L or LE for 36 months this past weekend. Can you please provide the Money Factor and Residual Values for 12K miles/year for both an L and LE trim level for FEBRUARY 2016? Also, does my Toyota Gulf States region have any cash incentives/rebates/dealer cash for leases out for Corollas this month (February 2016)? As always, thanks in advance for all the great info you have provided in the past.

    .00073 MF and 64% residual for either trim (assuming automatic). $1000 lease cash

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

    Edmunds Moderator

  • kyfdxkyfdx Moderator Posts: 251,144

    Hey, first let me thank you for the tremendous service you do for us that like to do our homework on car shopping!

    I'm located just outside of Philadelphia, PA and am trying to negotiate a lease on a 2016 Corolla LE that has an MSRP of $19,725. I only drive about 8k miles per year (but usually less). What are the MF, Residual and any rebates/incentives for this month?

    Thanks again!

    I don't have your region, but most regions show an MF in the .00070-.00080 range. 36/12 residual is 64%.

    Also, most regions have $1000 lease cash

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

    Edmunds Moderator

  • mktmkt Member Posts: 3
    MF and residual for 2016 Corolla LE Premium AT 24/12k in CA(91732)? Thanks.
  • kyfdxkyfdx Moderator Posts: 251,144
    mkt said:

    MF and residual for 2016 Corolla LE Premium AT 24/12k in CA(91732)? Thanks.

    .00075 MF and 69% residual. $1000 lease cash

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

    Edmunds Moderator

  • mktmkt Member Posts: 3
    How about the MF and residual for the LE and S, AT 24/12k in CA(91732). Thanks, You've been a lot of help.
  • kyfdxkyfdx Moderator Posts: 251,144
    mkt said:

    How about the MF and residual for the LE and S, AT 24/12k in CA(91732). Thanks, You've been a lot of help.

    .00075 MF and $1000 lease cash. 72%/74% residual for LE/S

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

    Edmunds Moderator

  • tinofbsctinofbsc Member Posts: 20
    Requesting info on a 2016 Corolla LE lease in South Carolina.  Planning to do a 24/12 with as little down as possible.  Requesting mf, residual, and any incentives.  Also any info on March incentives.

    Side note:  I have been on the phone with the dealer trying to establish terms before I show up.  Cost to buy new is at 17,600 (I've seen new LE at 16500 on autotrader) but to lease the cap cost is currently at 18,800 due to a lack of incentives from Toyota for leases.  The purchase has a 1200 incentive.  What is the lowest cap cost people are able to negotiate on the LEs?  Is it common for the dealer to not be able to match low retail prices on lease cap cost?

    Thank you in advance!
  • MichaellMichaell Moderator Posts: 250,440
    tinofbsc said:

    Requesting info on a 2016 Corolla LE lease in South Carolina.  Planning to do a 24/12 with as little down as possible.  Requesting mf, residual, and any incentives.  Also any info on March incentives.

    Side note:  I have been on the phone with the dealer trying to establish terms before I show up.  Cost to buy new is at 17,600 (I've seen new LE at 16500 on autotrader) but to lease the cap cost is currently at 18,800 due to a lack of incentives from Toyota for leases.  The purchase has a 1200 incentive.  What is the lowest cap cost people are able to negotiate on the LEs?  Is it common for the dealer to not be able to match low retail prices on lease cap cost?

    Thank you in advance!

    72% and .00002.

    No information on incentives, but it's likely there are incentives to buy that don't exist for leases.

    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

  • sarajonessarajones Member Posts: 1
    edited March 2016
    HI, I am well new to all this leasing and I live in Brooklyn, NY and want to lease my first car.

    I got an offer and want to know well if it is a decent deal. One thing I noticed was the MSRP seemed higher then I thought it should be, but I do not know all the lease jargon.

    New 2016 TOYOTA COROLLA 1852 4dr Sdn LE AT w/AC , Automatic , Odom: 0

    Payment Details

    Term
    36
    Base Payment
    189.63
    Total Payment
    189.63
    Purchase Option
    13,136.50
    MSRP
    20,210.00
    Est. Miles Per Year
    10,000
    Disposition Fee
    350.00
    Excess Mileage Charge
    0.15




    Amount Due at Signing
    1st Month Payment
    189.63
    Acquisition Fee
    650.00
    Fees & Insurance
    1,190.00
    Upfront Taxes
    197.47
    Total Inception Fees
    2,227.10
    Rebate as Cap Reduction
    1,000.00
    Total Drive Off
    3,227.10

    Total Cash Required on Delivery
    2,227.10


    Thank you for your help!!
    xoxo





  • MichaellMichaell Moderator Posts: 250,440
    sarajones said:

    HI, I am well new to all this leasing and I live in Brooklyn, NY and want to lease my first car.

    I got an offer and want to know well if it is a decent deal. One thing I noticed was the MSRP seemed higher then I thought it should be, but I do not know all the lease jargon.

    New 2016 TOYOTA COROLLA 1852 4dr Sdn LE AT w/AC , Automatic , Odom: 0

    Payment Details

    Term
    36
    Base Payment
    189.63
    Total Payment
    189.63
    Purchase Option
    13,136.50
    MSRP
    20,210.00
    Est. Miles Per Year
    10,000
    Disposition Fee
    350.00
    Excess Mileage Charge
    0.15




    Amount Due at Signing
    1st Month Payment
    189.63
    Acquisition Fee
    650.00
    Fees & Insurance
    1,190.00
    Upfront Taxes
    197.47
    Total Inception Fees
    2,227.10
    Rebate as Cap Reduction
    1,000.00
    Total Drive Off
    3,227.10

    Total Cash Required on Delivery
    2,227.10


    Thank you for your help!!
    xoxo


    While there are a lot of numbers on your attachment, there isn't a lot of detail to help you unravel how a lease works.

    The residual value is 65%, so the purchase price and MSRP are correct. What we don't know is the selling price - that is, how much of a discount from sticker are you getting.

    And, the $1190 charge for "fees & insurance" seems awfully vague - I would ask the dealer to tell you what that covers, exactly. The acquisition fee is legit, as are the up front taxes.

    It may look good - $189/mo for a $20K car - but we don't know if you can do better.

    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

  • c0v3rr1d3c0v3rr1d3 Member Posts: 6
    HI looking to do a lease in RI/MA on a 2016 S Plus CVT 24/12 whats the MF and Residual for this region? Thanks!!
  • MichaellMichaell Moderator Posts: 250,440
    c0v3rr1d3 said:

    HI looking to do a lease in RI/MA on a 2016 S Plus CVT 24/12 whats the MF and Residual for this region? Thanks!!

    73% and .00123. $1000 lease cash.

    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

  • c0v3rr1d3c0v3rr1d3 Member Posts: 6
    Michaell said:

    c0v3rr1d3 said:

    HI looking to do a lease in RI/MA on a 2016 S Plus CVT 24/12 whats the MF and Residual for this region? Thanks!!

    73% and .00123. $1000 lease cash.
    Thanks!! Just for comparison what are the numbers for the LE and do they change for the LE Plus?
  • MichaellMichaell Moderator Posts: 250,440
    c0v3rr1d3 said:

    Michaell said:

    c0v3rr1d3 said:

    HI looking to do a lease in RI/MA on a 2016 S Plus CVT 24/12 whats the MF and Residual for this region? Thanks!!

    73% and .00123. $1000 lease cash.
    Thanks!! Just for comparison what are the numbers for the LE and do they change for the LE Plus?
    Residual for LE and LE Plus are 1% less than S Plus.

    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

  • corolla4elizacorolla4eliza Member Posts: 12
    Hi there,

    Looking for current residual and MF for a 2016 Corolla LE, 36 months/12,000 miles in Northern California.

    I was offered the attached, without any negotiations yet, but feel like there's room to move. I am confused by line 5 "footprint" for $199.00 and line 25 where it quotes taxes at $1,280.07. I don't intend to put $2,000 down but want to buy down the MF with MSDs, and will not roll fees into the lease. I'm also not clear how they're factoring the $1,500 rebate into their figures.

    Thanks!


  • corolla4elizacorolla4eliza Member Posts: 12
    Oh! Also would be curious to know how $2,000 in MSDs would effect the MF. Thanks!
  • MichaellMichaell Moderator Posts: 250,440

    Hi there,

    Looking for current residual and MF for a 2016 Corolla LE, 36 months/12,000 miles in Northern California.

    I was offered the attached, without any negotiations yet, but feel like there's room to move. I am confused by line 5 "footprint" for $199.00 and line 25 where it quotes taxes at $1,280.07. I don't intend to put $2,000 down but want to buy down the MF with MSDs, and will not roll fees into the lease. I'm also not clear how they're factoring the $1,500 rebate into their figures.

    Thanks!


    Oh! Also would be curious to know how $2,000 in MSDs would effect the MF. Thanks!

    64% and .00151.

    I've never seen a "footprint" charge before.

    Taxes on a lease in CA are charged against the monthly payment; this looks like a purchase amount.

    We aren't certain that Toyota allows MSDs; have had some posters tell us it's possible, but we don't have any details on the program.

    The rebate can be used to lower the cap cost, or to cover the up front fees (acquisition fee, misc fees, DMV costs, etc.).

    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

  • corolla4elizacorolla4eliza Member Posts: 12
    Thank you!
  • seek_leaseseek_lease Member Posts: 22
    edited April 2016
    Could I please get the MF, residual, and any incentive information for:

    2016 Corolla S, 12k/yr, 24 months
    2016 Corolla S, 12k/yr, 36 months

    Location is KS, 66502
    Thank you.
  • MichaellMichaell Moderator Posts: 250,440

    Could I please get the MF, residual, and any incentive information for:

    2016 Corolla S, 12k/yr, 24 months
    2016 Corolla S, 12k/yr, 36 months

    Location is KS, 66502
    Thank you.

    71% / 64% and .00076

    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

  • seek_leaseseek_lease Member Posts: 22
    edited April 2016
    Thank you!

    How about the same conditions (12k/yr, 24 & 36 mo) for the LE, LE Eco, and S Plus? They've got all the variants at my local dealership. Sorry to ask for so many; they're similar enough for my tastes that I'm just looking for the lowest price/month. Were there no additional incentives?

  • kyfdxkyfdx Moderator Posts: 251,144

    Thank you!

    How about the same conditions (12k/yr, 24 & 36 mo) for the LE, LE Eco, and S Plus? They've got all the variants at my local dealership. Sorry to ask for so many; they're similar enough for my tastes that I'm just looking for the lowest price/month. Were there no additional incentives?

    Subtract 2% for LE and LE Eco
    Subtract 1% for S Plus

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

    Edmunds Moderator

  • seek_leaseseek_lease Member Posts: 22
    Thank you very much
  • jaykratjaykrat Member Posts: 1
    edited April 2016
    Hi.. I am in OH and looking to lease a 2016 Corolla LE.. It looks like the dealer is willing to sell for $16,800 (plus fees and taxes) which includes the $1000 customer cash incentive from Toyota.. Is that a good price if I decide to buy?

    I also see that there is a $1000 lease cash for corolla.. Can they be combined to bring the price down to $15,800 if I decide to lease? The dealer doesn't think so..
Sign In or Register to comment.