lease

ctor3527ctor3527 Member Posts: 30
edited November 2016 in Toyota
A great friend of mine is interested in leasing a 2017 camry SE, with no money down and 36 month and 15k miles a year, our state tax in rhode island 7 percent, what is the money factor and residual on this vehicle, thank you!!!!

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  • kyfdxkyfdx Moderator Posts: 267,565
    ctor3527 said:

    A great friend of mine is interested in leasing a 2017 camry SE, with no money down and 36 month and 15k miles a year, our state tax in rhode island 7 percent, what is the money factor and residual on this vehicle, thank you!!!!

    .00001 MF and 58% residual

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  • ctor3527ctor3527 Member Posts: 30
    ok thank you sir!!! what you think a monthly payment should be with the no money down? lease for 36 months, 15k miles a year?
  • kyfdxkyfdx Moderator Posts: 267,565
    ctor3527 said:

    ok thank you sir!!! what you think a monthly payment should be with the no money down? lease for 36 months, 15k miles a year?

    Need an MSRP and selling price to calculate a lease payment.

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  • ctor3527ctor3527 Member Posts: 30
    $24,174 msrp
    $1,674 savings
    $250 rebate
    $22,250 cap cost
    $17.50 sales tax
    $473 dealer fees
    $22,740.50 total price
    $256.26 drive off

    36 month lease no money down 12k miles a year

    Whats the best price i should be able to get?
    sales tax in Rhode island is 7 percent
  • kyfdxkyfdx Moderator Posts: 267,565
    ctor3527 said:

    $24,174 msrp
    $1,674 savings
    $250 rebate
    $22,250 cap cost
    $17.50 sales tax
    $473 dealer fees
    $22,740.50 total price
    $256.26 drive off

    36 month lease no money down 12k miles a year

    Whats the best price i should be able to get?
    sales tax in Rhode island is 7 percent

    $243/mo.+tax.. if RI taxes the monthly payment, then $260/mo.

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  • ctor3527ctor3527 Member Posts: 30
    $24,129 msrp
    36 months
    12k miles year
    1st payment down
    includes sales tax (7 percent) and fees

    $205 a month

    this is another offer we got, any good?
  • MichaellMichaell Moderator Posts: 264,048
    ctor3527 said:

    $24,129 msrp
    36 months
    12k miles year
    1st payment down
    includes sales tax (7 percent) and fees

    $205 a month

    this is another offer we got, any good?

    If the $205/mo quote includes tax, it is much better than the $260/mo quote from the other dealer.

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    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

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