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2017 Toyota Corolla Lease Deals and Prices

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  • joe_267joe_267 Member Posts: 10
    Oh and any dealer cash incentives thanks again! 
  • kyfdxkyfdx Moderator Posts: 266,128
    joe_267 said:

    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.

    What trim?

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  • joe_267joe_267 Member Posts: 10
    kyfdx said:

    joe_267 said:

    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.

    What trim?
    My apologies an LE. Thank you for the quick response!
  • joe_267joe_267 Member Posts: 10
    My elderly mother is trying to drive the Cadillac my father picked out before he passed. Want to give her my more manageable Camry and I'll lease a Corolla.
  • kyfdxkyfdx Moderator Posts: 266,128
    joe_267 said:

    kyfdx said:

    joe_267 said:

    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.

    What trim?
    My apologies an LE. Thank you for the quick response!
    .00001 MF and 53% residual
    $1500 lease cash

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  • joe_267joe_267 Member Posts: 10
    kyfdx said:

    joe_267 said:

    kyfdx said:

    joe_267 said:

    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.

    What trim?
    My apologies an LE. Thank you for the quick response!
    .00001 MF and 53% residual
    $1500 lease cash
    Thanks so much!!
  • joe_267joe_267 Member Posts: 10
    Hmm being quoted on a 23,18 MSRP 0 down. $265 a month. I guess I need to do more research. Lol
  • joe_267joe_267 Member Posts: 10
    Selling price is 21,430 they tell me that includes $1,750 in incentives.
  • MichaellMichaell Moderator Posts: 262,650
    joe_267 said:

    Hmm being quoted on a 23,18 MSRP 0 down. $265 a month. I guess I need to do more research. Lol

    joe_267 said:

    Selling price is 21,430 they tell me that includes $1,750 in incentives.

    That payment quote is pretty high for the MSRP.

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  • joe_267joe_267 Member Posts: 10
    I contacted another dealer at got this back still seems high.
  • MichaellMichaell Moderator Posts: 262,650
    joe_267 said:

    I contacted another dealer at got this back still seems high.

    I agree with the math on that worksheet. That might be the best you can do, other than negotiate a lower selling price.

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  • joe_267joe_267 Member Posts: 10
    I contacted another dealer at got this back still seems high
    Michaell said:

    joe_267 said:

    I contacted another dealer at got this back still seems high.

    I agree with the math on that worksheet. That might be the best you can do, other than negotiate a lower selling price.
    OK great. Thank you for reviewing it super appreciated!! I guess I'll see if they will lower on the selling price. They have six 2017s on the lot. Have to think they want them gone.
  • MichaellMichaell Moderator Posts: 262,650
    joe_267 said:

    I contacted another dealer at got this back still seems high

    Michaell said:

    joe_267 said:

    I contacted another dealer at got this back still seems high.

    I agree with the math on that worksheet. That might be the best you can do, other than negotiate a lower selling price.
    OK great. Thank you for reviewing it super appreciated!! I guess I'll see if they will lower on the selling price. They have six 2017s on the lot. Have to think they want them gone.
    When inventory gets that low, the balance tips, ever so slightly, back to the dealer, as there are now likely more people interested in those 6 cars.

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  • cardude354cardude354 Member Posts: 3
    Hi, could I please have the RV, MF and incentives for the 2017 Corolla LE and SE for 24/12, ZIP 27701? Thanks!
  • MichaellMichaell Moderator Posts: 262,650

    Hi, could I please have the RV, MF and incentives for the 2017 Corolla LE and SE for 24/12, ZIP 27701? Thanks!

    We do not have any lease information for the SouthEast Toyota distributor region, which includes NC.

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  • tulippoplartulippoplar Member Posts: 4
    Thank goodness I found this thread! We’re going in for a second time tonight to look at doing a 36 month lease on a 2017 Toyota Corolla SE. I’m better prepared this time, but did not get the money factor quoted last time we were in. Can you provide the money factor for the different credit tiers for Kentucky??? Thank you!
  • MichaellMichaell Moderator Posts: 262,650

    Thank goodness I found this thread! We’re going in for a second time tonight to look at doing a 36 month lease on a 2017 Toyota Corolla SE. I’m better prepared this time, but did not get the money factor quoted last time we were in. Can you provide the money factor for the different credit tiers for Kentucky??? Thank you!

    Manual or automatic transmission?

    How many miles per year?

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  • tulippoplartulippoplar Member Posts: 4
    Automatic 12,000 miles per year Thank you!
  • kyfdxkyfdx Moderator Posts: 266,128

    Automatic
    12,000 miles per year

    Thank you!

    .00001 MF and 55% residual
    $1500 lease cash

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  • losingbidlosingbid Member Posts: 2
    Hello. I’m trying to purchase a new corolla for my daughter. I will be paying with cash ($3000 on credit card and the rest via wire transfer). I’m looking at the 2017 corolla LE for her. What would be a good price to ask? I’m in the area code 97006. I asked for $15300 for a 2017 Corolla LE but they want to give me an L instead for that price. Also I’m not sure if that’s the final price or there will be other fees (doc fees, destination charges).

    Thank you in advance for your help.
  • MichaellMichaell Moderator Posts: 262,650
    losingbid said:

    Hello. I’m trying to purchase a new corolla for my daughter. I will be paying with cash ($3000 on credit card and the rest via wire transfer). I’m looking at the 2017 corolla LE for her. What would be a good price to ask? I’m in the area code 97006. I asked for $15300 for a 2017 Corolla LE but they want to give me an L instead for that price. Also I’m not sure if that’s the final price or there will be other fees (doc fees, destination charges).

    Thank you in advance for your help.

    We don’t track pricing – use the “make / model / year” tabs at the top of the page to link to the Edmunds price tools.

    Yes, likely to be other fees.

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  • mister_amister_a Member Posts: 1
    After shopping around in New York State, we came up with this on a 2017 Corolla LE:

    MSRP $20,507
    Sale Price $18,391
    Lease Cash $1,750

    Residual $10,869
    MF .00001

    $203/mo w/ zero down for a 36/12, including free delivery to our home an hour away.

    For reference, another dealership that wouldn't budge off the sticker on an L tried to rescue the deal and had the manager call to go over this quote, then offered us a sale price of $20,200 on an SE (MSRP $21,808), which would have come in at $201/mo for a 36/10 with an $800 trade-in. Hope this information helps somebody.
  • MichaellMichaell Moderator Posts: 262,650
    mister_a said:

    After shopping around in New York State, we came up with this on a 2017 Corolla LE:

    MSRP $20,507
    Sale Price $18,391
    Lease Cash $1,750

    Residual $10,869
    MF .00001

    $203/mo w/ zero down for a 36/12, including free delivery to our home an hour away.

    For reference, another dealership that wouldn't budge off the sticker on an L tried to rescue the deal and had the manager call to go over this quote, then offered us a sale price of $20,200 on an SE (MSRP $21,808), which would have come in at $201/mo for a 36/10 with an $800 trade-in. Hope this information helps somebody.

    Congrats! A strong deal and personal delivery - win-win.

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  • cde7444cde7444 Member Posts: 5
    Michael,

    Can you please kindly tell me the MF, RV and lease rebate in NJ zip 07653for the following-

    2017 Corolla LE:
    24 months/10k miles per year
    36 months/10k miles per year

    2017 Corolla SE:
    24 months/10k miles per year
    36 months/10k miles per year

    Thank you very much for your time and help.
  • MichaellMichaell Moderator Posts: 262,650
    cde7444 said:

    Michael,

    Can you please kindly tell me the MF, RV and lease rebate in NJ zip 07653for the following-

    2017 Corolla LE:
    24 months/10k miles per year
    36 months/10k miles per year

    2017 Corolla SE:
    24 months/10k miles per year
    36 months/10k miles per year

    Thank you very much for your time and help.

    Toyota does not offer 10K on their leases; the following are the 24/12 and 36/12 numbers:

    (note - if 10K is available, add 1% to the residual value)

    LE - 59% / 53%
    SE (automatic?) - 61% / 55%
    .00001 MF

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  • deals4familydeals4family Member Posts: 1
    My 2016 Camry SE Lease ends Feb and im looking at leasing a corolla SE next... would you recomend to take a 2017 corolla now, given the dealer would not charge for my early lease termination (they did not last time when I closed my 2014 camry lease 4 months ahead), or wait for Feb next year? Express Toyota Boston has a 0 down (plus acquision+ tax + first month) monthly $129 for 2017 corolla SE 36/12. As part of end of model year leasing...
    Thanks
  • kyfdxkyfdx Moderator Posts: 266,128

    My 2016 Camry SE Lease ends Feb and im looking at leasing a corolla SE next... would you recomend to take a 2017 corolla now, given the dealer would not charge for my early lease termination (they did not last time when I closed my 2014 camry lease 4 months ahead), or wait for Feb next year? Express Toyota Boston has a 0 down (plus acquision+ tax + first month) monthly $129 for 2017 corolla SE 36/12. As part of end of model year leasing...
    Thanks

    If they will truly take you out of your lease at no cost, then yes... I would grab a 2017 Corolla, now.
    But, just because they did it two years ago doesn't mean it will happen again. Go in with your eyes wide open.

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  • paulntxpaulntx Member Posts: 61
    Please provide MF and RV on a 2018 Corolla XSE in TX for 36 mo/12k mile lease.

    Thanks.
  • MichaellMichaell Moderator Posts: 262,650
    paulntx said:

    Please provide MF and RV on a 2018 Corolla XSE in TX for 36 mo/12k mile lease.

    Thanks.

    The 2018 Corolla lease thread can be found here:

    https://forums.edmunds.com/discussion/47049/toyota/corolla/2018-toyota-corolla-lease-deals-and-prices#latest

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  • mo_newmanmo_newman Member Posts: 4
    Could you please inform me about the Money Factor, Residual Value, and Cash lease incentive for 2017 Toyota Corolla LE in Dallas, TX market. ty
  • kyfdxkyfdx Moderator Posts: 266,128
    mo_newman said:

    Could you please inform me about the Money Factor, Residual Value, and Cash lease incentive for 2017 Toyota Corolla LE in Dallas, TX market. ty

    .00001 MF and 49% residual for 36/15

    Don't have your region, but show $1500 lease cash in most areas.

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  • mo_newmanmo_newman Member Posts: 4
    kyfdx said:

    mo_newman said:

    Could you please inform me about the Money Factor, Residual Value, and Cash lease incentive for 2017 Toyota Corolla LE in Dallas, TX market. ty

    .00001 MF and 49% residual for 36/15

    Don't have your region, but show $1500 lease cash in most areas.
    Sorry, I am new to car buying , what does 36/15 means, I 'm getting quotes of 36 months and 36,000 miles of total use. if 15 means 15k use per year, what would be the numbers for 12k use per year, ty
  • MichaellMichaell Moderator Posts: 262,650
    mo_newman said:

    kyfdx said:

    mo_newman said:

    Could you please inform me about the Money Factor, Residual Value, and Cash lease incentive for 2017 Toyota Corolla LE in Dallas, TX market. ty

    .00001 MF and 49% residual for 36/15

    Don't have your region, but show $1500 lease cash in most areas.
    Sorry, I am new to car buying , what does 36/15 means, I 'm getting quotes of 36 months and 36,000 miles of total use. if 15 means 15k use per year, what would be the numbers for 12k use per year, ty
    51% for 36 months, 12,000 miles per year.

    Use the articles at this link to help you understand leasing:

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

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  • mdringlemdringle Member Posts: 2
    Any chance that someone has the numbers for the following in MI ZIP 48161:

    2017 Corolla LE:
    36 months/15k miles per year
    36 months/12k miles per year

    2017 Corolla SE:
    36 months/15k miles per year
    36 months/12k miles per year

    Thanks in advance!
  • kyfdxkyfdx Moderator Posts: 266,128
    mdringle said:

    Any chance that someone has the numbers for the following in MI ZIP 48161:

    2017 Corolla LE:
    36 months/15k miles per year
    36 months/12k miles per year

    2017 Corolla SE:
    36 months/15k miles per year
    36 months/12k miles per year

    Thanks in advance!

    49%/51% residual for LE/SE for 36/15
    Add 2% for 12K/yr
    .00001 MF
    $1500 lease cash

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  • kitejumperflkitejumperfl Member Posts: 5
    Just wanted to share with you the deal I got on 2018 Toyota Corolla LE
    $17354 OUT THE DOOR

  • MichaellMichaell Moderator Posts: 262,650

    Just wanted to share with you the deal I got on 2018 Toyota Corolla LE
    $17354 OUT THE DOOR

    Congrats!

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