2020 Toyota Corolla Lease Deals and Prices

davidw007

Michaell said:

davidw007 said:

Hi, does anyone have the February numbers regarding the money factor and residual for a 2020 Corolla LE 36 months/10K miles in zip 11548 (Long Island - NYC metro)? Thank you so much!

.00092 and 58%
$600 lease cash

Thank you Michaell! To help educate me regarding the "$600 lease cash"...is that something which the dealer has already taken off the price (like they take the MSRP and deduct $600)? Or do I have to ask the salesperson about it to get $600 off the agreed upon sale price?

Michaell

davidw007 said:

Michaell said:

davidw007 said:

Hi, does anyone have the February numbers regarding the money factor and residual for a 2020 Corolla LE 36 months/10K miles in zip 11548 (Long Island - NYC metro)? Thank you so much!

.00092 and 58%
$600 lease cash

Thank you Michaell! To help educate me regarding the "$600 lease cash"...is that something which the dealer has already taken off the price (like they take the MSRP and deduct $600)? Or do I have to ask the salesperson about it to get $600 off the agreed upon sale price?

It's a customer incentive that is applied like a down payment.

AOTD2020

Hi,

Would anyone be able to let me know MF, RV and current incentives for a 2020 Corolla LE on a 36/12 for zip code 28134?

Thanks in advance for your help! Much Appreciated :-)

kyfdx

AOTD2020 said:

Hi,

Would anyone be able to let me know MF, RV and current incentives for a 2020 Corolla LE on a 36/12 for zip code 28134?

Thanks in advance for your help! Much Appreciated :-)

.00019 MF and 59% residual
No lease incentives

AOTD2020

Thanks so much, kyfdx! Apologies, should of asked about SE model as well. Any change in MF, RV, or incentives for the 2020 SE model 36/10? Same zip 28134, thanks!

kyfdx

AOTD2020 said:

Thanks so much, kyfdx! Apologies, should of asked about SE model as well. Any change in MF, RV, or incentives for the 2020 SE model 36/10? Same zip 28134, thanks!

Stick or automatic?

AOTD2020

Automatic please.

kyfdx

AOTD2020 said:

Thanks so much, kyfdx! Apologies, should of asked about SE model as well. Any change in MF, RV, or incentives for the 2020 SE model 36/10? Same zip 28134, thanks!

AOTD2020 said:

Automatic please.

36/12
.00019 MF and 59% residual

dandurand

Could you please give me the MF and RV and incentives on LE model, automatic, FWD, for a 36/12 lease in 60056 area code. Thanks in advance.

moneymedic

Looking for MF, RV and incentives for L and LE model 36 (or even 39 mo) and 10k miles. Area code 10461. Please and thank you!

Michaell

dandurand said:

Could you please give me the MF and RV and incentives on LE model, automatic, FWD, for a 36/12 lease in 60056 area code. Thanks in advance.

.00038 and 57%
$600 lease cash

Michaell

moneymedic said:

Looking for MF, RV and incentives for L and LE model 36 (or even 39 mo) and 10k miles. Area code 10461. Please and thank you!

36/10
.00092 and 57% / 58% for L / LE
$600 lease cash

Dt93

Can I please have the MF/RV for the Corolla Sedan LE, SE, Nightshade? 36/12. 29407.

Is there a 39/12 option with same residual?

Thank you!

Michaell

Dt93 said:

Can I please have the MF/RV for the Corolla Sedan LE, SE, Nightshade? 36/12. 29407.

Is there a 39/12 option with same residual?

Thank you!

Only 36 months available from SETF.

.00019 and 59% / 59% / 58%
No incentives

pm13257

Hello, could I please have MF/RV for Corolla Sedan LE, SE, at 12K and 15k, for 78701? Any specials? Thanks!

Michaell

pm13257 said:

Hello, could I please have MF/RV for Corolla Sedan LE, SE, at 12K and 15k, for 78701? Any specials? Thanks!

36/15
.00108 and 55% / 58% for LE / SE
$600 lease cash

bwilson79

Looking for lease numbers for 2020 Corolla L/LE, 36 mo, 12K, 86351 zip. Thanks

Michaell

bwilson79 said:

Looking for lease numbers for 2020 Corolla L/LE, 36 mo, 12K, 86351 zip. Thanks

.00038 and 56% / 57% for L / LE
$600 lease cash

livintheoc

May I have the MF and RV on 2020 Toyota Corolla SE CVT for 36/15 in Los Angeles, CA?

Michaell

livintheoc said:

May I have the MF and RV on 2020 Toyota Corolla SE CVT for 36/15 in Los Angeles, CA?

.00092 and 58%
$600 lease cash

wilkeway59

Hi. Can I please have the MF and residual for 2020 Corolla LE auto 10k/36 in PA 18064? Also any incentives?

Michaell

wilkeway59 said:

Hi. Can I please have the MF and residual for 2020 Corolla LE auto 10k/36 in PA 18064? Also any incentives?

.00135 and 58%
$600 lease cash

danny118

Hello, may I please have MF, RV and any incentives for:

2020 Corolla Sedan for these two trims:
- SE
- XSE

Zip 92008, 36mo/10k.

Thank you so much for helping!

kyfdx

danny118 said:

Hello, may I please have MF, RV and any incentives for:

2020 Corolla Sedan for these two trims:
- SE
- XSE

Zip 92008, 36mo/10k.

Thank you so much for helping!

.00092 MF
61%/58% residual for SE/XSE
$600 lease cash

ichabod702

Hello, can someone provide me with the MF, RV, and incentives for a 2020 Toyota Corolla SE 36/12k, no down for 89118?

Already have a lease with Toyota and can pull forward.

kyfdx

ichabod702 said:

Hello, can someone provide me with the MF, RV, and incentives for a 2020 Toyota Corolla SE 36/12k, no down for 89118?

Already have a lease with Toyota and can pull forward.

.00038 MF and 60% residual
$600 lease cash

howdii

Hi there! Could I please get MF/RV for a 2020 Corolla Sedan LE, SE, XLE at 12K and 15k, for 75209? Any lease specials? Thank you so much!

kyfdx

howdii said:

Hi there! Could I please get MF/RV for a 2020 Corolla Sedan LE, SE, XLE at 12K and 15k, for 75209? Any lease specials? Thank you so much!

36/15
.00108 MF
55%/58%/52% residual

$600 lease cash

ichabod702

Hello kyfdx thanks for your help on this (and all the other car info as well - much appreciated)!
---
New to these types of forums, can anyone check if I've done the math right on this?

I put $1,100 as the incentive; $600 for lease cash and $500 for Toyota loyalty. Also used the dealers sale price ($24,873), should I be negotiating to get this down to the edmunds price ($23,509)?

1st pic is dealer
2nd is edmunds deal
3rd is leasehackr calulator





Thanks in advance!

Hsq

Looking for a 2nd car now. Can I get MF/RV and incentives for Corolla XLE 36/12k in 95051 please?

kyfdx

Hsq said:

Looking for a 2nd car now. Can I get MF/RV and incentives for Corolla XLE 36/12k in 95051 please?

.00021 MF and 54% residual
$600 lease cash

Residuals are better on every other trim

byersalex

Hi there –

May I please have the MF, RV and any incentives for a 2020 Toyota Corolla Sedan LE, for 36 months at 12K (or a lower mileage allowance if available) in the zip code 20001?

Thank you!

byersalex

Just to be clear – While the car will be registered in DC (Zipcode 20001), the dealer is Maryland (zipcode 20716), if it matters.

kyfdx

byersalex said:

Hi there –

May I please have the MF, RV and any incentives for a 2020 Toyota Corolla Sedan LE, for 36 months at 12K (or a lower mileage allowance if available) in the zip code 20001?

Thank you!

byersalex said:

Just to be clear – While the car will be registered in DC (Zipcode 20001), the dealer is Maryland (zipcode 20716), if it matters.

36/10
.00135 MF and 58% residual
$600 lease cash

byersalex

Thanks very much. Do you happen to have the 12K mileage figures as well? Appreciate it.

Michaell

byersalex said:

Thanks very much. Do you happen to have the 12K mileage figures as well? Appreciate it.

57%

SamsLease

I'm back again shopping this deal thanks for all the work MODS. Been a huge help

Looking for '20 Corolla XSE -- 36 /12 -- MF, RV, Incentive -- 45305

kyfdx

SamsLease said:

I'm back again shopping this deal thanks for all the work MODS. Been a huge help

Looking for '20 Corolla XSE -- 36 /12 -- MF, RV, Incentive -- 45305

.00071 MF and 57% residual
$300 lease cash

SamsLease

kyfdx said:

SamsLease said:

I'm back again shopping this deal thanks for all the work MODS. Been a huge help

Looking for '20 Corolla XSE -- 36 /12 -- MF, RV, Incentive -- 45305

.00071 MF and 57% residual
$300 lease cash

There was a $1300 rebate I can't figure out. But her deal was a completely optioned 2020 Corolla XSE for $196 a month with $2500. No major credit history didn't help her, but she had 0 debt.


How would you rate a 2020 Corolla XSE (fully optioned) for $265 effective cost?

Honda was willing to do the same on an EX-L Civic which would have been my personal choice. But Toyota offers MSD's up to 10. She didn't utilize them though which made her deal moot.

SamsLease

Looking for

2020 Corolla L / LE
Hatch and Sedan
MF, Residuals, and Incentives

45305

(may get a base model for my little brother via single pay with MSDs)

kyfdx

SamsLease said:

kyfdx said:

SamsLease said:

I'm back again shopping this deal thanks for all the work MODS. Been a huge help

Looking for '20 Corolla XSE -- 36 /12 -- MF, RV, Incentive -- 45305

.00071 MF and 57% residual
$300 lease cash

There was a $1300 rebate I can't figure out. But her deal was a completely optioned 2020 Corolla XSE for $196 a month with $2500. No major credit history didn't help her, but she had 0 debt.


How would you rate a 2020 Corolla XSE (fully optioned) for $265 effective cost?

Honda was willing to do the same on an EX-L Civic which would have been my personal choice. But Toyota offers MSD's up to 10. She didn't utilize them though which made her deal moot.

What is the MSRP?

kyfdx

SamsLease said:

Looking for

2020 Corolla L / LE
Hatch and Sedan
MF, Residuals, and Incentives

45305

(may get a base model for my little brother via single pay with MSDs)

What term/mileage allowance?

You may not be able to use MSDs with the subvented MF.

SamsLease

kyfdx said:

SamsLease said:

kyfdx said:

SamsLease said:

I'm back again shopping this deal thanks for all the work MODS. Been a huge help

Looking for '20 Corolla XSE -- 36 /12 -- MF, RV, Incentive -- 45305

.00071 MF and 57% residual
$300 lease cash

There was a $1300 rebate I can't figure out. But her deal was a completely optioned 2020 Corolla XSE for $196 a month with $2500. No major credit history didn't help her, but she had 0 debt.


How would you rate a 2020 Corolla XSE (fully optioned) for $265 effective cost?

Honda was willing to do the same on an EX-L Civic which would have been my personal choice. But Toyota offers MSD's up to 10. She didn't utilize them though which made her deal moot.

What is the MSRP?

$26883 so it hits the 1% rule okay. But if you look back it adds up to about 8% below MSRP. I had more in the deal but I let her handle it and they did the classic F&I tricks. I showed her where they got her afterwards.

She landed $1.20 effective more than the Honda Civic EX-L offer (not negotiated at F&I level). Without a cosigner, me interfering in her negotiation, or her walking out (she couldn't emotionally understand the negotiation process yet it was her first time even seeing it be done).

She broke my rule #1 which is never discuss monthly payment. And rule #2 which is get the numbers via email. Rule #3 is remove the decimal points. If there are decimal points on the work sheet it means the dealership was the last to set that term.

She basically lost out on 4% of what I initially had her set up to get. For a first time negotiator I don't consider that bad. But as someone that knows just how much the other tricks can cost you I would have walked on the deal.

SamsLease

kyfdx said:

SamsLease said:

Looking for

2020 Corolla L / LE
Hatch and Sedan
MF, Residuals, and Incentives

45305

(may get a base model for my little brother via single pay with MSDs)

What term/mileage allowance?

You may not be able to use MSDs with the subvented MF.

What do they do milage wise for a 36 month single pay? I'd think you'd get 15K but IDK I've never done a single pay

Michaell

SamsLease said:

kyfdx said:

SamsLease said:

Looking for

2020 Corolla L / LE
Hatch and Sedan
MF, Residuals, and Incentives

45305

(may get a base model for my little brother via single pay with MSDs)

What term/mileage allowance?

You may not be able to use MSDs with the subvented MF.

What do they do milage wise for a 36 month single pay? I'd think you'd get 15K but IDK I've never done a single pay

The one pay MF deduct from TFS is .00100, but that may only work if you start from the standard MF of .00285.

kyfdx

SamsLease said:

kyfdx said:

SamsLease said:

Looking for

2020 Corolla L / LE
Hatch and Sedan
MF, Residuals, and Incentives

45305

(may get a base model for my little brother via single pay with MSDs)

What term/mileage allowance?

You may not be able to use MSDs with the subvented MF.

What do they do milage wise for a 36 month single pay? I'd think you'd get 15K but IDK I've never done a single pay

Single pay or normal lease... it's all the same for mileage. You get the amount you contract for, and the residual is adjusted, accordingly.

davidw007

I finally have the ability to lease a new 2020 Corolla in March! Are the March numbers for a 2020 Corolla LE...36 months/10K miles...zip 11050 (Long Island - NYC metro) still the same as below (from February)?

Money Factor: .00092
Residual: 58%
$600 lease cash

Thank you as always for the help!

kyfdx

davidw007 said:

I finally have the ability to lease a new 2020 Corolla in March! Are the March numbers for a 2020 Corolla LE...36 months/10K miles...zip 11050 (Long Island - NYC metro) still the same as below (from February)?

Money Factor: .00092
Residual: 58%
$600 lease cash

Thank you as always for the help!

.00130 MF and 59% residual
$600 lease cash

rwp1113

Hey mods, need numbers for the following:
Zip 40514
Corolla hatchback xse
Manual trans
36/10 or 36/12

Thanks

TMS

Hi, can I please have the MF, Residual and any incentives on a 2020 Corolla LE 4 door Sedan and for 24/18 in ZIP 95133. Any Costco incentives? Also can anyone explain why the residual for a 24 and 36 months are the same?