2016 Toyota Corolla Lease Questions

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  • rugox86rugox86 Member Posts: 5
    Hello, can I get the numbers for 2016 Corolla L automatic 36/12 for MD?
  • MichaellMichaell Moderator Posts: 252,100
    rugox86 said:

    Hello, can I get the numbers for 2016 Corolla L automatic 36/12 for MD?

    61% and .00042

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  • johnj56johnj56 Member Posts: 55
    2016 corolla LE has $1,000 college graduate available towards lease. There is also what is called bonus cash money towards lease of another $1,000. Anyone know if they are stackable? Thanks.
  • MichaellMichaell Moderator Posts: 252,100
    johnj56 said:

    2016 corolla LE has $1,000 college graduate available towards lease. There is also what is called bonus cash money towards lease of another $1,000. Anyone know if they are stackable? Thanks.

    They should be, but confirm with your dealer.

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  • rugox86rugox86 Member Posts: 5
    I was offered 189/month 36/12 no down, includes all taxes, tags and fees for 2016 Corolla L automatic. Is this a good deal? In MD area.
  • MichaellMichaell Moderator Posts: 252,100
    rugox86 said:

    I was offered 189/month 36/12 no down, includes all taxes, tags and fees for 2016 Corolla L automatic. Is this a good deal? In MD area.

    MSRP and selling price?

    Lease term and miles per year?

    Truly $0 out of pocket at lease signing?

    Seems like a good deal - especially if all the taxes are rolled into the payment.

    But, without the numbers, that's only a guess.

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  • rugox86rugox86 Member Posts: 5
    Hey Michaell, the MSRP was 18765, sale price 14011, 36 months/12 miles. No down and yes, supposedly all rolled into the monthly payments
  • MichaellMichaell Moderator Posts: 252,100
    rugox86 said:

    Hey Michaell, the MSRP was 18765, sale price 14011, 36 months/12 miles. No down and yes, supposedly all rolled into the monthly payments

    If everything was rolled into the selling price, what was the adjusted cap cost after that was done?

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  • rugox86rugox86 Member Posts: 5
    Cap cost $16350
    Residual value $11522

  • rugox86rugox86 Member Posts: 5
    So I was able to negotiate further and get it to 180/month, no down, only pay first month at signing. Should I jump on it?
  • MichaellMichaell Moderator Posts: 252,100
    rugox86 said:

    So I was able to negotiate further and get it to 180/month, no down, only pay first month at signing. Should I jump on it?

    Looks solid with only the first payment due at signing

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  • woolfy96woolfy96 Member Posts: 5
    Hello, can u provide lease details (residual, MF, etc) for Corolla LE, 24 month/10k/12k and 36 month/10k/12k in Miami FL. Any tips, i.e. rebates, discounts, msrp details, or anything that would help to ensure a truly great deal?
  • kyfdxkyfdx Moderator Posts: 253,405
    woolfy96 said:

    Hello, can u provide lease details (residual, MF, etc) for Corolla LE, 24 month/10k/12k and 36 month/10k/12k in Miami FL. Any tips, i.e. rebates, discounts, msrp details, or anything that would help to ensure a truly great deal?

    We don't have good information for the SETF area.

    .00014 MF for 24 months
    .00112 MF for 36 months

    No residual information

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  • vblack21vblack21 Member Posts: 2
    Hi there!

    Could I get the MF and residual value for a 2016 Corolla S Plus 36/12k for Atlanta, GA? Thank you!!
  • gthomasbaldwingthomasbaldwin Member Posts: 13
    Just curious, why is Southeast such a mystery for Toyota?
  • MichaellMichaell Moderator Posts: 252,100
    vblack21 said:

    Hi there!

    Could I get the MF and residual value for a 2016 Corolla S Plus 36/12k for Atlanta, GA? Thank you!!

    .00112 MF, but we have no reliable residual information for the SouthEast.

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  • MichaellMichaell Moderator Posts: 252,100

    Just curious, why is Southeast such a mystery for Toyota?

    Because the entire region is under control of a single distributor (James Moran).

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  • bangorbangor Member Posts: 14
    MF residual and incentives on Corolla LE in PA please, thanks!
  • kyfdxkyfdx Moderator Posts: 253,405
    bangor said:

    MF residual and incentives on Corolla LE in PA please, thanks!

    .00042 MF and 59% residual for 36/15. $1000 lease cash.

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  • bergstiefelbergstiefel Member Posts: 11
    Hello there,

    Could I please get the money factor and residual for a 2016 Corolla for a 36 month, 15K mile/year lease for the two following trim levels?  Both are manual transmission.  

    Base L model. MSRP $18,390
    S Plus  model. MSRP $23,063

    Also, are there any incentives?  It appears there's $1,000 lease cash on these models?   Thank you very much for the information you've been providing.  
  • kyfdxkyfdx Moderator Posts: 253,405

    Hello there,

    Could I please get the money factor and residual for a 2016 Corolla for a 36 month, 15K mile/year lease for the two following trim levels?  Both are manual transmission.  

    Base L model. MSRP $18,390
    S Plus  model. MSRP $23,063

    Also, are there any incentives?  It appears there's $1,000 lease cash on these models?   Thank you very much for the information you've been providing.  

    Where do you live?

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  • bergstiefelbergstiefel Member Posts: 11
    Sorry about that....trying do do this in my phone, which is a bit tricky for me.

    I'm in Vermont
  • MichaellMichaell Moderator Posts: 252,100
    kyfdx said:

    Hello there,

    Could I please get the money factor and residual for a 2016 Corolla for a 36 month, 15K mile/year lease for the two following trim levels?  Both are manual transmission.  

    Base L model. MSRP $18,390
    S Plus  model. MSRP $23,063

    Also, are there any incentives?  It appears there's $1,000 lease cash on these models?   Thank you very much for the information you've been providing.  

    Where do you live?

    Sorry about that....trying do do this in my phone, which is a bit tricky for me.

    I'm in Vermont

    L - 58%
    S Plus - 60%

    .00042 for both.

    $1000 lease cash.

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  • monstax20monstax20 Member Posts: 39
    What is the residual and MF for Corolla S plus 24/12k - SoCal
  • MichaellMichaell Moderator Posts: 252,100
    monstax20 said:

    What is the residual and MF for Corolla S plus 24/12k - SoCal

    .00042 and 68%

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  • monstax20monstax20 Member Posts: 39
    Michaell said:

    monstax20 said:

    What is the residual and MF for Corolla S plus 24/12k - SoCal

    .00042 and 68%
    Will you be able to tell me the MF/Residual for back in April?

  • kyfdxkyfdx Moderator Posts: 253,405
    edited September 2016
    monstax20 said:

    Michaell said:

    monstax20 said:

    What is the residual and MF for Corolla S plus 24/12k - SoCal

    .00042 and 68%
    Will you be able to tell me the MF/Residual for back in April?

    Sorry, we don't keep that information, though you can try looking back through this discussion.

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  • romo9romo9 Member Posts: 14
    Got a lease offer sheet in Austin, TX for a 2016 Corolla LE Plus.

    $201 a month
    36/12
    Total Capital Cost 19112.64 (Taxes, Fees Rolled In)
    Residual 12680.68

    Only first month payment due at signing. How does it stack up?

    Thanks for any insight.
  • MichaellMichaell Moderator Posts: 252,100
    romo9 said:

    Got a lease offer sheet in Austin, TX for a 2016 Corolla LE Plus.

    $201 a month
    36/12
    Total Capital Cost 19112.64 (Taxes, Fees Rolled In)
    Residual 12680.68

    Only first month payment due at signing. How does it stack up?

    Thanks for any insight.

    61% and .00060.

    I get $198/mo with those numbers ... pretty close to your quote.

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  • nickbennickben Member Posts: 43
    Any numbers for 2017 Corolla? Also, do you have October residual/MF for the 2016 corolla? Thanks!
  • MichaellMichaell Moderator Posts: 252,100
    nickben said:

    Any numbers for 2017 Corolla? Also, do you have October residual/MF for the 2016 corolla? Thanks!

    What trim level for the 2016 Corolla? What lease term and how many miles per year?

    2017 Corolla discussion is here:

    http://forums.edmunds.com/discussion/43232/toyota/corolla/2017-toyota-corolla-lease-questions/p1?new=1

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  • ravforme1ravforme1 Member Posts: 33
    MF and RV for a 2016 Corolla S Plus Manual at both 24 and 36 mos with 12k per year in Oregon.

    Also, do you have the same info on a 2016 Scion Tc Auto by chance?
  • kyfdxkyfdx Moderator Posts: 253,405
    ravforme1 said:

    MF and RV for a 2016 Corolla S Plus Manual at both 24 and 36 mos with 12k per year in Oregon.

    Also, do you have the same info on a 2016 Scion Tc Auto by chance?

    .00027 MF and $1000 lease cash
    66%/61% residual for 24/36 months

    Sorry, no Scion info.

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  • tquest123tquest123 Member Posts: 5
    Please MF & RV for a 2016 Corolla L 10/12K per yr for 36months in CT
  • kyfdxkyfdx Moderator Posts: 253,405
    tquest123 said:

    Please MF & RV for a 2016 Corolla L 10/12K per yr for 36months in CT

    36/12

    60% residual. $1000 lease cash
    Don't have the tri-state area, but MF seem to be in the .00010-.00023 range.
    Deduct 1% for manual transmission

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  • nicks4nicks4 Member Posts: 79
    What is the MF & RV for a 2016 Corolla LE Automatic for:
    12 & 15K
    36 Months
    Virginia

    Are there any incentives? Is there GAP Insurance included from Toyota?

    Thank you in advance
  • kyfdxkyfdx Moderator Posts: 253,405
    edited November 2016
    nicks4 said:

    What is the MF & RV for a 2016 Corolla LE Automatic for:
    12 & 15K
    36 Months
    Virginia

    Are there any incentives? Is there GAP Insurance included from Toyota?

    Thank you in advance

    .00010 MF and 60%/58% residual.
    $500 lease cash

    TFS does NOT include GAP insurance.

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  • gladyjzgladyjz Member Posts: 14
    Hi Michaell,

    Can I get the MF and RV on an 2017 Corolla LE auto for 36 mos with 12k mi per year? in 22031 Fairfax VA area?

    thanks
  • MichaellMichaell Moderator Posts: 252,100
    gladyjz said:

    Hi Michaell,

    Can I get the MF and RV on an 2017 Corolla LE auto for 36 mos with 12k mi per year? in 22031 Fairfax VA area?

    thanks

    53% and .00001; $1500 lease cash

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