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2020 Toyota Corolla Lease Deals and Prices

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  • davidw007davidw007 Member Posts: 15
    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?
  • MichaellMichaell Moderator Posts: 262,650
    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.

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  • AOTD2020AOTD2020 Member Posts: 11
    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 :-)
  • kyfdxkyfdx Moderator Posts: 266,128
    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

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  • AOTD2020AOTD2020 Member Posts: 11
    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!
  • kyfdxkyfdx Moderator Posts: 266,128
    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?

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  • AOTD2020AOTD2020 Member Posts: 11
    Automatic please.
  • kyfdxkyfdx Moderator Posts: 266,128
    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

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  • danduranddandurand Member Posts: 30
    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.
  • moneymedicmoneymedic Member Posts: 2
    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!
  • MichaellMichaell Moderator Posts: 262,650
    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

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  • MichaellMichaell Moderator Posts: 262,650

    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

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  • Dt93Dt93 Member Posts: 16
    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!
  • MichaellMichaell Moderator Posts: 262,650
    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

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  • pm13257pm13257 Member Posts: 6
    Hello, could I please have MF/RV for Corolla Sedan LE, SE, at 12K and 15k, for 78701? Any specials? Thanks!
  • MichaellMichaell Moderator Posts: 262,650
    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

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  • bwilson79bwilson79 Member Posts: 3
    Looking for lease numbers for 2020 Corolla L/LE, 36 mo, 12K, 86351 zip. Thanks
  • MichaellMichaell Moderator Posts: 262,650
    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

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  • livintheoclivintheoc Member Posts: 60
    May I have the MF and RV on 2020 Toyota Corolla SE CVT for 36/15 in Los Angeles, CA?
  • MichaellMichaell Moderator Posts: 262,650

    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

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  • wilkeway59wilkeway59 Member Posts: 14
    Hi. Can I please have the MF and residual for 2020 Corolla LE auto 10k/36 in PA 18064? Also any incentives?
  • MichaellMichaell Moderator Posts: 262,650

    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

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  • danny118danny118 Member Posts: 2
    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!
  • kyfdxkyfdx Moderator Posts: 266,128
    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

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  • ichabod702ichabod702 Member Posts: 9
    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.
  • kyfdxkyfdx Moderator Posts: 266,128

    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

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  • howdiihowdii Member Posts: 17
    edited February 2020
    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!
  • kyfdxkyfdx Moderator Posts: 266,128
    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

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  • ichabod702ichabod702 Member Posts: 9
    edited February 2020
    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! :D
  • HsqHsq Member Posts: 29
    Looking for a 2nd car now. Can I get MF/RV and incentives for Corolla XLE 36/12k in 95051 please?
  • kyfdxkyfdx Moderator Posts: 266,128
    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

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  • byersalexbyersalex Member Posts: 17
    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!
  • byersalexbyersalex Member Posts: 17
    Just to be clear – While the car will be registered in DC (Zipcode 20001), the dealer is Maryland (zipcode 20716), if it matters.
  • kyfdxkyfdx Moderator Posts: 266,128
    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

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  • byersalexbyersalex Member Posts: 17
    Thanks very much. Do you happen to have the 12K mileage figures as well? Appreciate it.
  • MichaellMichaell Moderator Posts: 262,650
    byersalex said:

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

    57%

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  • SamsLeaseSamsLease Member Posts: 25
    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
  • kyfdxkyfdx Moderator Posts: 266,128
    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

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  • SamsLeaseSamsLease Member Posts: 25
    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.
  • SamsLeaseSamsLease Member Posts: 25
    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)
  • kyfdxkyfdx Moderator Posts: 266,128
    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?

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  • kyfdxkyfdx Moderator Posts: 266,128
    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.

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  • SamsLeaseSamsLease Member Posts: 25
    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.
  • SamsLeaseSamsLease Member Posts: 25
    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
  • MichaellMichaell Moderator Posts: 262,650
    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.

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  • kyfdxkyfdx Moderator Posts: 266,128
    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.

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  • davidw007davidw007 Member Posts: 15
    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!
  • kyfdxkyfdx Moderator Posts: 266,128
    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

    Edmunds Price Checker
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  • rwp1113rwp1113 Member Posts: 21
    Hey mods, need numbers for the following:
    Zip 40514
    Corolla hatchback xse
    Manual trans
    36/10 or 36/12

    Thanks
  • TMSTMS Member Posts: 7
    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?
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