Toyota Camry Lease Questions

CarMan@Edmunds

Hi fresh463. I always find that the best way to evaluate a lease is to look at the selling price that is being used to calculate your monthly payment. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. You wouldn't pay cash for or finance a new car without knowing how much you were being charged for it. Leasing one without knowing the price is almost the same thing. Let me know what this car's MSRP and selling price are and I'll gladly let you know what I think.

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CarMan@Edmunds

Greetings gpb59. Toyota's lease program for the Camry varies depending upon which one of its twelve or so regions you are in. Let me know what state you live in and I will be happy to try to find out what this car's current lease program is like there for you. Thanks.

Car_man
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hull22

What's are lease numbers for the Camry Hybrid in Texas, 36mo, 15k/yr?

gpb59

Thanks carman, I live in Nevada, but can you give me CA and AZ too?

gpb59

anything yet Car Man? thanks

avalon2000

In NYC metro area
36 mo./15k
Sign & Drive

residual: $18,052 [fixed]
Tier 1 credit $ factor: .00048
doc fee: $45
Toyota Fin. orig fee: $650

vb1pa

So what is the monthly cost?

avalon2000

with wheel locks, heated seats & mud flaps, and there is a $500 rebate for leasing, so figure in the area of +/- $29,000. With NYC/NYS tax & all fees into the lease, wherein pay only first month & tags when take delivery, the lease payment should be $376.

vb1pa

I just put a deposit, (this AM) 1000 OTD 385 a month (PA TAX INLCLUDED 10%) for a 36/12k lease. So ye you are preaty close, the car MSRP is 32950 (some first aid kit, locks, etc)

vb1pa

SO, i got him down to 380 with 1000 OTD.

robertkaleal1

Hey CarMan (or anyone who knows),

I am doing the lease vs. buy analysis on a new 2010 Camry. Can you give me the lease rates and residual amounts for August for the LE, XLE and SE (all 4-cly)? 36 month term, 15K miles per year. I live in Kansas. With this info, I believe I can use the Edmunds lease calculator to determine lease prices based on selling prices.

Thanks, I really appreciate it.
RJ

robertkaleal1

Just came from dealership. These are the lease numbers I got:

2010 XLE with Leather, Heated Seats, Smart Key
Selling Price: $27,165
36 mo 15K/yr residual: 15,955
Add'l $1000 College Graduate Rebate
Payment Including Kansas TPP and Sales Tax (6.3%): 349

2010 SE with 17" Alloys, Upgraded Stereo, Sunroof, Smart Key, Spoiler
Selling Price: $25,761
36 mo 15K/yr redisual: $14,249
Add'l $1000 College Graduate Rebate
Payment Including Kansas TPP and Sales Tax (6.3%): 326.71

Only money due at signing is first payment plus about $50.

My only issue is that I don't know if I am happy about the selling price on the vehicles. I know the finance guy and he said that because of cash for clunkers (and increased demand), prices aren't as good as they were. FWIW, There is only 1 Toyota dealer w/in 50 miles of where I live.

What do you guys think of the prices?

avalon2000

Compare www.edmunds.com prices with the "cars" section of www.overstock.com [uses the www.truecar.com engine], all within your zip code or one that is convenient to you, to get a good base cost selling price w/your selected options and the dealers who sell same. The "truecar" engine can guarantee the dealer price in advance, as will say so per dealer displayed.

thenewlew

Looking for the MF and Residuals on an XLE V-6 w/nav for 36 months and 15K/year.

avalon2000

In NYC metro area
36 mo./15k
Sign & Drive

residual: $18,052 [fixed]
Tier 1+ credit [above 720] $ factor: .00048
doc fee: $45
Toyota Fin. orig fee: $650

thenewlew

Thanks for the NY numbers. Does anyone know if this is the same in CA? Also, does the fixed residual stand for a Non-Nav vehicle?

sahil908

Hi All,

Here I am again looking for same info Camry. I tried to search older posts but I was not able to locate what I was looking for. I would appreciates if someone can provide me with some some lease #s (such as MF and Res Val) for Camry XLE V6. I am looking for 36 mos, 12k miles/yr lease. I am from around NY area. Thanks guys.

smarty666

Hi, I just found out that Nissan/Infiniti financing is charging a $395 disposition fee at the end of lease if you decide to return the car and not buy the vehicle or lease another vehicle from them!! I think that is absolutely outrageous and some people have said that other car manufactures are doing this as well; toyota financial services doesn't have this listed on their website so I wanted to know if new toyota leases are having this same disposition fee at their lease conclusion? because if they don't, I'm going to lease a toyota over a nissan hands down; any info would be greatly helpful!!!!

thepostman

Carman can you give me the lease details for the Houston Texas Region on the 2010 Camry XLE V6. Looking at 36mo/15k.

Thanks

xoklb

Which dealership did you get the 2010 SE for the 326.71 payment

tarzan12

Need Residuals and MF for LE and SE models in Nassau County Long Island, NY
36Month / 12,000miles/Yr

Thanks in advance to anyone who can post or contact me or point me in the right direction.

LE/4Cyl/Auto/MSRP: 22,650
LE/6Cyl/Auto/MSRP:25,515
SE with Leather

llbean2009

Hi CarMan - Can I please get the money factor for the Camry in Los Angeles? Looking at a 2010 SE.

Thanks!

sailakfan

Hello everybody,

Never leased before. Was in a dealership to purchase a Camry and the salesperson mentioned they have a special going on, 50% off MSRP for Camrys in leasing.

The 50% off is for the lease and the residual value will be based on the MSRP.

Can somebody explain if this is a good option since the 50% off is too good to be true.

Thank you

CarMan@Edmunds

Good question, smarty666. As annoying as disposition fees are, more often then not banks charge them. To the best of my knowledge, Toyota Financial Services does not charge a disposition fee, but you may want to check with them directly or with a dealer to find out for certain.

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CarMan@Edmunds

Hi tarzan12. Here's the information that you're looking for. Toyota Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2010 Camry LE or SE with 12,000 miles per year in your area are .00050 and 62%, respectively.

Keep in mind though that TFS' residual values are based upon vehicle's base MSRPs. It places restrictions upon what options can be residualized, making its effective resid lower than the above percentage and making it difficult for anyone outside of dealers who are given a list of the dollar residual values for the units that they have in inventory to figure out what vehicles' residual values should be.

Car_man
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95_09

I've been given New Hampshire MF / RV #s of .00050 and 63% on a 2010 Camry LE for 36 mos. 12,000 miles per year. When I add up the down payment $1000, RV, and monthly payments, I get $24,199. This seems too high--higher than MSRP. Right? When I suggested a down payment of $4000 I was told this wouldn't affect the RV, so why deplete my savings? I feel something doesn't add up, but I've never leased before. Can you offer an opinion?

95_09

I seem to have left something out: the RV given me is $14,235.

luka822

Hi Car Man - do you happen to have residual/money factor info for September (or October - buying this weekend) for a Los Angeles Toyota Camry SE? Greatly appreciate you sharing this info.

luka822

Leased a 2010 Camry SE today and I feel pretty good about it because three dealers passed on the final offer I got.

Sticker $25600
Negotiated to $23190

Drive off $740
Monthly payment $280 (including Los Angeles tax - 9.75%)

shahran

Hey,
Can you email me the the dealer info, I am in the LA area too and I am looking for get one and your deal seems very good!
Thank you so much!

luka822

I got it at Frontier Toyota from the internet sales department. Simi Valley Toyota was also very close and seemed like good people (again, internet sales). Good luck!

gpb59

what options? does i thave leather, or nav? 4 cyl or v6

luka822

Hi Gpb - No, this sticker was $25,600 on an SE so obviously not leather or navigation. Has the upgraded stereo, rear spoiler and floor mats. My goal was the least amount of options possible.

poopy

Hello Carman:

We're in the market to lease a 2009 camry LE/SE in Northern California. Please provide MF and RV for a 36months/15K miles lease.

Thank you much,
David

bar7

I am looking to lease a 2010 Camry LE (4cyl with Sunroof). Can you let me know what the money factor(tier 1 credit) and residual value is for October. Is Toyota offering any rebates this month?

Thanks so much for your help !

bar7

One thing I forgot to add.......need mf and rv for South Florida Area.

Thanks !

tomaz1

Does this seem like a good deal? I'm in AZ. The fine print says it's for a new 2010 Camry model #2532, which I think is the LE.

2010 Camry Lease Special

A special offer from your participating Toyota dealer.
* $199.00 per month for 36 months
* $1299.00 due at signing
* Plus get $500 bonus cash
Offer Ends 11/2/2009

How can I find out the MF and the RV?

Thanks!

carz18

2010 Toyota Camry SE V6 Loaded Sticker Price $30,740

Negotiated to $28,000
36 Month Lease 15K Miles/Year No money down (Well $399 due at signing which includes all fees and 1st payment)

No Tax in My state... Monthy price $339/month

I think the interest rate (money Factor) for tier 1+ which is Fico 740+ is about 1.2%

dfwdriver

Interested in special leasing deal from gulf state toyota. the deal is 179/month for 36 months 12k miles for year with 2100 due at signing. My questions is this a good deal?

When I asked a dealership here in texas for the deal, he tells me that I need to bring in 3.1k for the deal. Another told me 4.3k. These are the same base camry without add on. I have asked them to forward me the print out detailing the numbers but none has done so. In addition to first months lease, are there any addition fee that I should expect when leasing? Thank you all in advance.

livewire1

Hi Car man,

I leave in new Jersey and I got two offers on 2010 Toyota camry XLE V6

MSRP 32,495 ; 36 month lease , 12k miles and $2000 down payment for tax, destination fee, first month lease .. for $319 and $346 for the same thing but with navigational system . Is it a good price?

Thank you for your help.
LiveWire1

jp91

Can anyone tell me what you think of the following numbers? With this information what monthly payment should I be looking? Thank You!!!

2010 Camry SE 4 cylinder Silver

MSRP 23,915.00

Selling price 22,809.00

Tax rate used 7.0 %

3 year 15K(15,000 mile per year) residual 14,594.00

Money Factor used .00060

1) 319.48 X 36 month Toyota Lease with 488.65 Drive off (Taxes rolled in)

2) 273.89 X 36 ,month Toyota Lease with 2,5127.00 Drive off

Security deposit waived.

vchad

thats not a very good deal.

You should be able to get minimum 2000 off.

I just got a LE for 2400 off msrp, PLUS my 1k college grad rebate.

Make sure they are using the right terms
on an LE
Mf .00050
Residual 63%

on an SE it is
MF .00060
Residual...not sure

just stand your ground, you HAVE to get a minimum of 2k off msrp.

For an idea, i'm leasing my camry LE with extra value package, for $218 a month and $218 due. I'm in michigan, thats including 6% tax.

kazanjig

car_man,

I'm bouncing between a Camry and an Accord, either '09 or '10. From my perusal of the Accord forum you seem to be the go-to man for numbers. I hope you can help.

I've done all my homework, but I'm just trying to nail down the money factor and residual for the Camry SE (zip is 01701). If I can find an '09 around here I may grab it. Otherwise '10 is it.

Thanks!

kazanjig

catalina56

Is this a good deal: $1,830. down and $216. @ month (taxes included), 3 Years, 36 K, gap insurance included, no security deposit, no termination fees. Thanks

Catalina56

vchad

Catalina56,

That looks like the same car i'm buying. My payment is 218month with 218 due. But i also qualify for a 1k college grad rebate.

chasva

Hi Car Man,
Would you happen to have the Central Atlantic Region M/F and residual for a 3 yr 15K lease on a 2010 Toyota Camry XLE V6? Thanks in Advance!

nfortune

I leased a Camry LE (4 cyl.) yesterday (10/31/09) and here are the numbers for California...

- 36/month Lease

- 15K Miles

- No Money Down! (They wanted $2,000)

- $275.??/Month (Includes Taxes and GAP insurance!)

- Total: $22,708.50 (Gross Cap Cost after taxes and everything)

...The only thing I added was Satellite Radio. The car had floor mats, first aid kit and cargo net, otherwise it was a basic model. This was the easiest deal I've done on a car and the dealership was very honest and stood by their emailed quote. So how did I do?

vchad

nfortune, i dont wanna sound mean, and since you already bought the car not sure if it makes any difference, but thats a pretty bad deal.

Earlier this month, i was looking at an LE with extra value package, msrp $23,400 i got it down to 218 a month with 218 due, for only 12k miles. but should only add about 12-15dollars a month.

Then i took those numbers, and shopped around. i got an SE with msrp of 27,400 with selling price of $22,930. THEN adding another 1k college grad rebate. My lease price came out to $223 a month, with 223 due. So yeah, your offer isn't the most competitve. Check out fitzmall, its set pricing.

kazanjig

I just got an SE V6 (MSRP $29,070) on 10/31 for

$1,500 trade
$1,500 down at signing

$219.75 per month.

Gotta love the end of the month.

catalina56

On 10/28/09 I leased a 2010 Camry LE for 36 months and 3 years. I had to put down $1,830 (tax, title, license and doc fee) and will be paying 215.09 a month.

Only extras were AM/FM/CD Player with Satellite capability with hands fee phone option.

FYI

Catalina56