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Deal 2020 lease SE with SE premium PKG

gina2bitgina2bit Member Posts: 78
edited October 2019 in Toyota
sticker 24779
Selling 22315 include 600 cash
$2k down my monthy payment $252 that includes Pa. 10% tax on leases.
so actual loan payment is $227.
This ths the SE with the 2.0 and the upgrade $1500 package.

Any thoughts?

Comments

  • MichaellMichaell Moderator Posts: 241,268
    gina2bit said:

    sticker 24779
    Selling 22315 include 600 cash
    $2k down my monthy payment $252 that includes Pa. 10% tax on leases.
    so actual loan payment is $227.
    This ths the SE with the 2.0 and the upgrade $1500 package.

    Any thoughts?

    What is your ZIP code?

    What does the $2K up front cover, specifically?

    What lease term and how many miles per year?

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    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • gina2bitgina2bit Member Posts: 78
    zip is 15260 , 2k down just to bring payment down, include first payment and plates, 36 months 12k
  • kyfdxkyfdx Moderator Posts: 237,100
    gina2bit said:

    zip is 15260 , 2k down just to bring payment down, include first payment and plates, 36 months 12k

    .00142 MF and 61% residual
    $600 lease cash

    The payment calculation looks about right.

    It's $270/mo+tax ($297) with just $500 upfront.

    It might be a fair deal, but not a screaming bargain for a $25K MSRP vehicle.

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  • gina2bitgina2bit Member Posts: 78
    Ok I checked "TRUE CAR" for pricing of the Corolla model with my package.
    Here is waht they say that it's a Great Price.

    A price in this range (generally 25% of sales transactions) represents a good deal for car buyers.
    Above Market
    More than $22,981
    A price in this range (less than 30% of sales transactions) is likely due to limited local inventory, high marked demand, inadequately informed buyers, etc.
    2020 Toyota Corolla Price Curve
    1
    2
    3
    4
    5
    6
    Market Average
    $22,615
    Invoice
    $22,858
    MSRP
    $24,754
    1
    1 person paid between 11.88% and 11.38% below MSRP.


    This represents a range of $21,813 and $21,936
    2
    1 person paid between 11.38% and 10.88% below MSRP.


    This represents a range of $21,936 and $22,060
    3
    2 people paid between 9.89% and 9.39% below MSRP.


    This represents a range of $22,306 and $22,430
    4
    1 person paid between 9.39% and 8.89% below MSRP.


    This represents a range of $22,430 and $22,553
    5
    1 person paid between 8.39% and 7.89% below MSRP.


    This represents a range of $22,676 and $22,800
    6
    1 person paid between 7.4% and 6.9% below MSRP.

    Edmunds when I build the car for pricing says its a fair price.
  • MichaellMichaell Moderator Posts: 241,268
    gina2bit said:

    Ok I checked "TRUE CAR" for pricing of the Corolla model with my package.
    Here is waht they say that it's a Great Price.

    A price in this range (generally 25% of sales transactions) represents a good deal for car buyers.
    Above Market
    More than $22,981
    A price in this range (less than 30% of sales transactions) is likely due to limited local inventory, high marked demand, inadequately informed buyers, etc.
    2020 Toyota Corolla Price Curve
    1
    2
    3
    4
    5
    6
    Market Average
    $22,615
    Invoice
    $22,858
    MSRP
    $24,754
    1
    1 person paid between 11.88% and 11.38% below MSRP.


    This represents a range of $21,813 and $21,936
    2
    1 person paid between 11.38% and 10.88% below MSRP.


    This represents a range of $21,936 and $22,060
    3
    2 people paid between 9.89% and 9.39% below MSRP.


    This represents a range of $22,306 and $22,430
    4
    1 person paid between 9.39% and 8.89% below MSRP.


    This represents a range of $22,430 and $22,553
    5
    1 person paid between 8.39% and 7.89% below MSRP.


    This represents a range of $22,676 and $22,800
    6
    1 person paid between 7.4% and 6.9% below MSRP.

    Edmunds when I build the car for pricing says its a fair price.

    Can't help you with pricing - do you know if that pricing will be valid if you lease instead of purchase?

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • gina2bitgina2bit Member Posts: 78
    I'll post this here and maybe on Mazdas, But I stiched to the Mazada 3 2019, with AWD and the Select package.
    Toyota doesn't have Android connect or AWD plus Mazada's interest on a 36 month lease is 1.2% (.00005) 54% residual.
    Less money down and get the same payments.
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