2017 Toyota Corolla Lease Deals and Prices

eman2017

Hi I was wondering if I could get info on leasing a 2017 corolla le or se for 24/12k and 36/12k in the Illinois area. Thanks

Michaell

eman2017 said:

Hi I was wondering if I could get info on leasing a 2017 corolla le or se for 24/12k and 36/12k in the Illinois area. Thanks

LE - 62% (24/12) or 56% (36/12). Add 2% for SE trim

.00001 MF

mahlers5th

Wanted your opinion on following lease offered on 2017 Toyota Corolla LE 36 months/18K tier1+ credit student credit:
MSRP $20,077
Gross capitalized cost $18767
Adjusted Capitalized Cost $17865
RV $9996
Monthly $219

(first time lease so don't know all the lingo!)

Michaell

mahlers5th said:

Wanted your opinion on following lease offered on 2017 Toyota Corolla LE 36 months/18K tier1+ credit student credit:
MSRP $20,077
Gross capitalized cost $18767
Adjusted Capitalized Cost $17865
RV $9996
Monthly $219

(first time lease so don't know all the lingo!)

What state and tax rate?
How much is due at signing?

mahlers5th

Hi,
Colorado
Due at signing $1750 ($235 first monthly' payment, $903 capitalized reduction cost, $68 tax on cap reduc, $499 doc fee)
Tax $16.41 added to monthly payment $219 (so tax rate 7.5%?)

mahlers5th

Michaell said:

Wanted your opinion on following lease offered on 2017 Toyota Corolla LE 36 months/18K tier1+ credit student credit:
MSRP $20,077
Gross capitalized cost $18767
Adjusted Capitalized Cost $17865
RV $9996
Monthly $219

(first time lease so don't know all the lingo!)

What state and tax rate? How much is due at signing?

Hi,
Colorado
Due at signing $1750 ($235 first monthly' payment, $903 capitalized reduction cost, $68 tax on cap reduc, $499 doc fee)
Tax $16.41 added to monthly payment $219 (so tax rate 7.5%?)

kyfdx

mahlers5th said:

Michaell said:

Wanted your opinion on following lease offered on 2017 Toyota Corolla LE 36 months/18K tier1+ credit student credit:
MSRP $20,077
Gross capitalized cost $18767
Adjusted Capitalized Cost $17865
RV $9996
Monthly $219

(first time lease so don't know all the lingo!)

What state and tax rate?
How much is due at signing?


Hi,
Colorado
Due at signing $1750 ($235 first monthly' payment, $903 capitalized reduction cost, $68 tax on cap reduc, $499 doc fee)
Tax $16.41 added to monthly payment $219 (so tax rate 7.5%?)

I get about $218/mo.+tax, with that adjusted CAP cost.
Do you really need 18K/yr? The extra 3000 miles per year adds about $23/mo.+tax to the payment.
If you skip the CAP cost reduction, you'll have $971 more in your pocket, but of course the payment goes up to $246/mo.+tax

mahlers5th

kyfdx said:

Michaell said:

Wanted your opinion on following lease offered on 2017 Toyota Corolla LE 36 months/18K tier1+ credit student credit:
MSRP $20,077
Gross capitalized cost $18767
Adjusted Capitalized Cost $17865
RV $9996
Monthly $219

(first time lease so don't know all the lingo!)

What state and tax rate? How much is due at signing?

Hi,
Colorado
Due at signing $1750 ($235 first monthly' payment, $903 capitalized reduction cost, $68 tax on cap reduc, $499 doc fee)
Tax $16.41 added to monthly payment $219 (so tax rate 7.5%?)

I get about $218/mo.+tax, with that adjusted CAP cost. Do you really need 18K/yr? The extra 3000 miles per year adds about $23/mo.+tax to the payment. If you skip the CAP cost reduction, you'll have $971 more in your pocket, but of course the payment goes up to $246/mo.+tax

Thankyou!! This is incredibly helpful. My son will be doing a lot of driving for work. I think better to err on side of too many miles. But it sounds like otherwise you think it's a reasonable deal?

Michaell

mahlers5th said:

kyfdx said:

mahlers5th said:

Michaell said:

Wanted your opinion on following lease offered on 2017 Toyota Corolla LE 36 months/18K tier1+ credit student credit:
MSRP $20,077
Gross capitalized cost $18767
Adjusted Capitalized Cost $17865
RV $9996
Monthly $219

(first time lease so don't know all the lingo!)

What state and tax rate?
How much is due at signing?


Hi,
Colorado
Due at signing $1750 ($235 first monthly' payment, $903 capitalized reduction cost, $68 tax on cap reduc, $499 doc fee)
Tax $16.41 added to monthly payment $219 (so tax rate 7.5%?)

I get about $218/mo.+tax, with that adjusted CAP cost.
Do you really need 18K/yr? The extra 3000 miles per year adds about $23/mo.+tax to the payment.
If you skip the CAP cost reduction, you'll have $971 more in your pocket, but of course the payment goes up to $246/mo.+tax

Thankyou!! This is incredibly helpful. My son will be doing a lot of driving for work. I think better to err on side of too many miles. But it sounds like otherwise you think it's a reasonable deal?




If he will be driving a lot of miles, why not just buy outright? That way, he can drive as many miles as he wants without penalty.

dealhunter305

Looking for MF, RV and incentives on XSE 36/10, 36/12 in south Florida. Thank you!

dimitri771

Hello. Can I get the MF and residuals for a 2017 Corolla L and LE in FL? Also any rebates that apply. Thank you in advance. 36000miles, top credit score.

Michaell

dealhunter305 said:

Looking for MF, RV and incentives on XSE 36/10, 36/12 in south Florida. Thank you!

We do not have any reliable lease information for SouthEast Toyota, which includes Florida.

Michaell

dimitri771 said:

Hello. Can I get the MF and residuals for a 2017 Corolla L and LE in FL? Also any rebates that apply. Thank you in advance. 36000miles, top credit score.

We do not have any reliable lease information for SouthEast Toyota, which includes Florida.

dimitri771

Thank you. Since, there are no numbers for FL. Anyone can give a general idea of what the approximate monthly bottomline should be? 0 down, 36000 miles for 3 years. Top tier. L or LE corolla.

kyfdx

dimitri771 said:

Thank you. Since, there are no numbers for FL. Anyone can give a general idea of what the approximate monthly bottomline should be? 0 down, 36000 miles for 3 years. Top tier. L or LE corolla.

Read back through this discussion and see what others are paying. Hopefully, you can match that in FL

byersalex

Hi there - Wondering if you can share leasing info MF and residual value for a 2017 Corolla LE, 12K miles/year for 36 months. Dealer is Maryland, car will be registered in Washington DC. I think credit should be tier 1. Thanks!

kyfdx

byersalex said:

Hi there - Wondering if you can share leasing info MF and residual value for a 2017 Corolla LE, 12K miles/year for 36 months. Dealer is Maryland, car will be registered in Washington DC. I think credit should be tier 1. Thanks!

.00001 MF and 56% residual
$1000 lease cash

byersalex

Thanks! Forgive me- I'm unfamiliar with how lease cash works. Is this just something that is being factored into my sale price, or some discount/cash back I should expect to receive once the total depreciation is calculated?

Michaell

byersalex said:

Thanks! Forgive me- I'm unfamiliar with how lease cash works. Is this just something that is being factored into my sale price, or some discount/cash back I should expect to receive once the total depreciation is calculated?

If you've gotten an offer from the dealer, it likely includes the lease cash.

Use the knowledge of it to negotiate your best price.

ak062414

Hello, could you please provide the MF, RV, Cash lease for 10K&12K/36 on 2017 Corolla LE and SE in NJ? Thank you so much in advance!

Michaell

ak062414 said:

Hello, could you please provide the MF, RV, Cash lease for 10K&12K/36 on 2017 Corolla LE and SE in NJ? Thank you so much in advance!

36/12 numbers:

.00001 and 56% (LE) or 58% (SE)

$1250 lease cash

roughrider119

2017 Corolla SE
12k/36m
15k/36m

Newark, CA (94560)
residual & MF
lease cash

Thank you.

Michaell

roughrider119 said:

2017 Corolla SE
12k/36m
15k/36m

Newark, CA (94560)
residual & MF
lease cash

Thank you.

Assuming automatic, 58% / 56% and .00001

$1750 lease cash

[Deleted User]

September MF and RV for Corolla SE in California
36/15k
24/15k

Thank You

and available Grad and Fleet incentives

Michaell

johno_jan said:

September MF and RV for Corolla SE in California
36/15k
24/15k

Thank You

and available Grad and Fleet incentives

6-speed manual or automatic transmission?

roughrider119

Michaell said:

roughrider119 said:

2017 Corolla SE
12k/36m
15k/36m

Newark, CA (94560)
residual & MF
lease cash

Thank you.

Assuming automatic, 58% / 56% and .00001

$1750 lease cash

Michaell,

Are these number the same for September also? Thanks.

roughrider119

For a 36month/12K deal for a 2017 Corolla SE Auto (MSRP: $21,643).

Zip: 95835

Dealer is giving me a Residual Value of $11,904 (55%).

He stated that is the residual from Toyota.

Is 55% residual correct?

Michaell

roughrider119 said:

For a 36month/12K deal for a 2017 Corolla SE Auto (MSRP: $21,643).

Zip: 95835

Dealer is giving me a Residual Value of $11,904 (55%).

He stated that is the residual from Toyota.

Is 55% residual correct?

Dealer cannot modify the residual; 55% is correct for 36/12 on the SE AT.

Michaell

Michaell said:

roughrider119 said:

For a 36month/12K deal for a 2017 Corolla SE Auto (MSRP: $21,643).

Zip: 95835

Dealer is giving me a Residual Value of $11,904 (55%).

He stated that is the residual from Toyota.

Is 55% residual correct?

Dealer cannot modify the residual; 55% is correct for 36/12 on the SE AT.

And, .00001 MF is still in place, this month.

roughrider119

Wow, dropped from 58% to 55% from August to September.

Michaell

roughrider119 said:

Wow, dropped from 58% to 55% from August to September.

If you say so .... it's the end of the model year, and the 2018's are starting to arrive...

roughrider119

Scored this deal from Roseville Toyota near Sacramento for my niece (recent college grad). Picked it up yesterday. It was the last stock 2017 Corolla SE with no other options added.

I want to thank you Michaell for the help with the MF, residual and rebate data.


*************************************************************************************

2017 Toyota Corolla SE color falcon grey

Msrp $21,643

Selling Price $18,059.39

Acquisition fee $650

doc fee $80

License &reg fees $230

dmv filling fee $15

state tire tax $8.75 (5 new tire)

0 CASH DOWN

Subvention rebate $1750

college grad rebate $750

MONEY FACTOR = .00001 (O.A.C)

3 YR/ 36,000 Lease

Residual Value $11,904 (55%)

payment 36 X 149.10 (tax included)

*************************************************************************************

mm7

roughrider119 said:

Wow, dropped from 58% to 55% from August to September.

The Civics dropped 2% between months.

Michaell

roughrider119 said:

Scored this deal from Roseville Toyota near Sacramento for my niece (recent college grad). Picked it up yesterday. It was the last stock 2017 Corolla SE with no other options added.

I want to thank you Michaell for the help with the MF, residual and rebate data.


*************************************************************************************

2017 Toyota Corolla SE color falcon grey

Msrp $21,643

Selling Price $18,059.39

Acquisition fee $650

doc fee $80

License &reg fees $230

dmv filling fee $15

state tire tax $8.75 (5 new tire)

0 CASH DOWN

Subvention rebate $1750

college grad rebate $750

MONEY FACTOR = .00001 (O.A.C)

3 YR/ 36,000 Lease

Residual Value $11,904 (55%)

payment 36 X 149.10 (tax included)

*************************************************************************************

Congrats! Nice deal on a solid car.

Michaell

mm7 said:

roughrider119 said:

Wow, dropped from 58% to 55% from August to September.

The Civics dropped 2% between months.

All 2017 residuals are dropping, as the end of the model year is imminent and 2018 inventory starts to arrive.

omri2000

It is the first time for me to lease a car, willing to get Corolla 2017 for 2y/12k, no down payment.
Here is what I got from the dealership:
msrp : 21,621.00
Delearship pricing : 18,620.00
Fees : 363
Cash due ( I guess it is the acquisition fee) : 724
Rebate : 1750
Residual value was not mentioned.

payment 24 X 198 (tax included), CA tax

So few questions:
it a good deal in overall?
Does the dealership price is negotiable?
How can I calculate the residual? is it suppose to be in the offer? from what I read I saw the the it was dropped it the last few weeks.

Thank you!

Michaell

omri2000 said:

It is the first time for me to lease a car, willing to get Corolla 2017 for 2y/12k, no down payment.
Here is what I got from the dealership:
msrp : 21,621.00
Delearship pricing : 18,620.00
Fees : 363
Cash due ( I guess it is the acquisition fee) : 724
Rebate : 1750
Residual value was not mentioned.

payment 24 X 198 (tax included), CA tax

So few questions:
it a good deal in overall?
Does the dealership price is negotiable?
How can I calculate the residual? is it suppose to be in the offer? from what I read I saw the the it was dropped it the last few weeks.

Thank you!

What trim level is this?

Ask for a breakdown of the $724 due at signing - it's likely to be the acquisition fee, but it doesn't hurt to make sure.

Yes, the selling price is negotiable; but, we don't track selling prices. Use the 'make / model / year' pull downs at the top of the page to link to the Edmunds price tools.

jordan88

Hello what is the MF, RV, and Rebates for a 2017 Corolla SE in MA.

12k/24 months
15k/24months

Thanks!

kyfdx

jordan88 said:

Hello what is the MF, RV, and Rebates for a 2017 Corolla SE in MA.

12k/24 months
15k/24months

Thanks!

.00001 MF
$1900 lease cash
60%/59% residual.
Subtract 1% if stickshift

omri2000

Michaell said:

omri2000 said:

It is the first time for me to lease a car, willing to get Corolla 2017 for 2y/12k, no down payment.
Here is what I got from the dealership:
msrp : 21,621.00
Delearship pricing : 18,620.00
Fees : 363
Cash due ( I guess it is the acquisition fee) : 724
Rebate : 1750
Residual value was not mentioned.

payment 24 X 198 (tax included), CA tax

So few questions:
it a good deal in overall?
Does the dealership price is negotiable?
How can I calculate the residual? is it suppose to be in the offer? from what I read I saw the the it was dropped it the last few weeks.

Thank you!

What trim level is this?

Ask for a breakdown of the $724 due at signing - it's likely to be the acquisition fee, but it doesn't hurt to make sure.

Yes, the selling price is negotiable; but, we don't track selling prices. Use the 'make / model / year' pull downs at the top of the page to link to the Edmunds price tools.

This is the model: 2017 TOYOTA COROLLA 1863 4dr Sdn SE MT
Should I ask for the residual?

jhern19

Hello,
What is the MF, RV any lease cash on the 2018 Toyota Corolla SE CVT. Southern California

I am being offer a selling price of $1,350 below the invoice cost. What would the price be?

Thanks in advance.

Michaell

omri2000 said:

Michaell said:

omri2000 said:

It is the first time for me to lease a car, willing to get Corolla 2017 for 2y/12k, no down payment.
Here is what I got from the dealership:
msrp : 21,621.00
Delearship pricing : 18,620.00
Fees : 363
Cash due ( I guess it is the acquisition fee) : 724
Rebate : 1750
Residual value was not mentioned.

payment 24 X 198 (tax included), CA tax

So few questions:
it a good deal in overall?
Does the dealership price is negotiable?
How can I calculate the residual? is it suppose to be in the offer? from what I read I saw the the it was dropped it the last few weeks.

Thank you!

What trim level is this?

Ask for a breakdown of the $724 due at signing - it's likely to be the acquisition fee, but it doesn't hurt to make sure.

Yes, the selling price is negotiable; but, we don't track selling prices. Use the 'make / model / year' pull downs at the top of the page to link to the Edmunds price tools.

This is the model: 2017 TOYOTA COROLLA 1863 4dr Sdn SE MT
Should I ask for the residual?

60% residual for 24/12 and .00001 MF; $1750 lease cash.

With the prices you've provided, I get a payment of $236/mo before tax.

Your quote looks really good, especially with only $724 due at signing.

Michaell

jhern19 said:

Hello,
What is the MF, RV any lease cash on the 2018 Toyota Corolla SE CVT. Southern California

I am being offer a selling price of $1,350 below the invoice cost. What would the price be?

Thanks in advance.

I've just created a 2018 Corolla thread, here:

https://forums.edmunds.com/discussion/47049/toyota/corolla/2018-toyota-corolla-lease-deals-and-prices/p1?new=1

kmk7860

Hello - what is the RV value for 2017 SE in Dallas, TX?.

kyfdx

kmk7860 said:

Hello - what is the RV value for 2017 SE in Dallas, TX?.

53% residual for 36/15
Subtract 1% if manual transmission

gladyjz

Hi Michaell,

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

thanks

kyfdx

gladyjz said:

Hi Michaell,

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

thanks

.00001 MF and 53% residual.
$1500 lease cash

brianchoi

Hi I was wondering if I could get info on leasing a 2017 corolla le VA area

Also, I am trying to lease with
0 down/ 0drive off /36/12k/$199 monthly payment

expect to get college grad rebate of $750

Am i being unreasonable?

Michaell

brianchoi said:

Hi I was wondering if I could get info on leasing a 2017 corolla le VA area

Also, I am trying to lease with
0 down/ 0drive off /36/12k/$199 monthly payment

expect to get college grad rebate of $750

Am i being unreasonable?

Hard to say - what is the MSRP and selling price?

And, with the tax in VA on the entire selling price, that will make your payment more expensive.

joe_267

Hi could I have the MF and RV on a '17 Corolla 12k 3yr. In CT 06512 East Haven. Thanks in advance for your assistance!! Also, close enough to NYC area if it helps.