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Prius 3 lease San Ramon, CA

vikmahajvikmahaj Member Posts: 7
edited May 2016 in Toyota
Hello,

I am considering leasing a 2016 Prius 3. I visited one of the dealers and they gave me following price and i would like to know if this is a good deal or not.

Down Payment 3000
Model Prius 3 with advance tech package
Invoice Price $27,155
Residual Price 17,262
Monthly $259 including tax on 36 months/12k

This is my first time looking at lease options.

Any other things that i should negotiate/watch out for?



Comments

  • kyfdxkyfdx Moderator Posts: 248,627
    vikmahaj said:

    Hello,

    I am considering leasing a 2016 Prius 3. I visited one of the dealers and they gave me following price and i would like to know if this is a good deal or not.

    Down Payment 3000
    Model Prius 3 with advance tech package
    Invoice Price $27,155
    Residual Price 17,262
    Monthly $259 including tax on 36 months/12k

    This is my first time looking at lease options.

    Any other things that i should negotiate/watch out for?



    Not sure what is meant by invoice price? (I know what invoice price means, but it's irrelevant to a lease calculation).

    We need the MSRP, and the selling price and/or adjusted CAP cost, to calculate the lease payment.

    I'd suggest getting quotes with just the 1st payment, title/license and doc fees upfront (about $600-$700). This makes it easier to compare quotes between dealers.

    .00001 MF and 59% residual. $500 lease cash.

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