Can somebody help me with reviewing a Corolla LE deal offered to me in WA (Bellevue)

agrajaiagrajai Member Posts: 1
edited January 2017 in Toyota
I have been offered - I have not signed the lease yet.

Corolla LE - Lease for 36 months 12k Miles
Pure 0 down
All inclusive $197.97
3 year free maintenance
All weather Mat

Answers

  • kyfdxkyfdx Moderator Posts: 197,587
    agrajai said:

    I have been offered - I have not signed the lease yet.

    Corolla LE - Lease for 36 months 12k Miles
    Pure 0 down
    All inclusive $197.97
    3 year free maintenance
    All weather Mat

    What is the MSRP?
    What state and tax rate?
    Adjusted CAP cost?

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  • isellhondasisellhondas Issaquah WashingtonMember Posts: 20,350
    That store is five minutes from our house.

    With zero out of pocket on a Corolla LE with payments INCLUDING tax for under 200.00/month it SOUNDS pretty good to me. Tax here is (I think) 9.5%.

    I would ask them what kind of a deal they could do without the "free" maintenance. Nothing is ever free and they are rolling that expense into the lease not that it would amount to much. A few oil changes and maybe a tire rotation. I would watch for last minute surprises.
  • kyfdxkyfdx Moderator Posts: 197,587

    That store is five minutes from our house.

    With zero out of pocket on a Corolla LE with payments INCLUDING tax for under 200.00/month it SOUNDS pretty good to me. Tax here is (I think) 9.5%.

    I would ask them what kind of a deal they could do without the "free" maintenance. Nothing is ever free and they are rolling that expense into the lease not that it would amount to much. A few oil changes and maybe a tire rotation. I would watch for last minute surprises.

    I think Toyota already includes 2 yrs, 25K miles from the factory. So, that's likely a throw in on a 36K lease.

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  • isellhondasisellhondas Issaquah WashingtonMember Posts: 20,350
    They probably didn't tell the prospective lessor that. I didn't know myself.

    It's all a matter of perspective....WOW! Three years free maintenance!

    When in reality it doesn't amount to very much. Still, it sells cars!
  • joshash1102joshash1102 Member Posts: 6
    agrajai said:

    I have been offered - I have not signed the lease yet.

    Corolla LE - Lease for 36 months 12k Miles
    Pure 0 down
    All inclusive $197.97
    3 year free maintenance
    All weather Mat

    To the original OP, what was the residual %?
    Are you referring to the Toyota Bellevue dealer?

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