I am looking for the money factor and residual percentage on a 2020 Toyota Corolla LE 36 month/12,00

RedhairedmonsterRedhairedmonster Member Posts: 6
edited June 2020 in Toyota
I am looking for the money factor and residual percentage on a 2020 Toyota Corolla LE 36 month/12,000 mile lease in Albuquerque New Mexico 87113. I also would like to know if you have information on lease incentives. I read of a $600 sub cash, but am wondering about the SAMs Club incentive as well as possible Lease to lease loyalty and regular loyalty incentives? Thank you

Best Answers

  • MichaellMichaell Moderator Posts: 250,486
    Answer ✓

    I am looking for the money factor and residual percentage on a 2020 Toyota Corolla LE 36 month/12,000 mile lease in Albuquerque New Mexico 87113. I also would like to know if you have information on lease incentives. I read of a $600 sub cash, but am wondering about the SAMs Club incentive as well as possible Lease to lease loyalty and regular loyalty incentives? Thank you

    .00006 and 57%
    $600 lease cash

    no info on Sams Club
    No loyalty

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  • MichaellMichaell Moderator Posts: 250,486
    Answer ✓

    Also, so what is the real MSRP i should be entering into the lease calculator? The base MSRP at the top of the window sticker or the total after options including delivery and handling fee? Seems the ladder, but?

    Bottom line number on the window sticker, including options and delivery.

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Answers

  • RedhairedmonsterRedhairedmonster Member Posts: 6
    Thank you.... Michaell in Colorado.... where do thes #'s come from?
  • RedhairedmonsterRedhairedmonster Member Posts: 6
    Also, so what is the real MSRP i should be entering into the lease calculator? The base MSRP at the top of the window sticker or the total after options including delivery and handling fee? Seems the ladder, but?
  • RedhairedmonsterRedhairedmonster Member Posts: 6
    Oh... forgot. So, last time i leased, i did not get a good deal. One of the issues was the dealer said, i can't let it go at that price, that's below invoice. This seemed logical, but at the same time there was very little wiggle room between MSRP and invoice. Seemed made up, even though I saw it in black and white. What are your thought on this?
  • MichaellMichaell Moderator Posts: 250,486

    Oh... forgot. So, last time i leased, i did not get a good deal. One of the issues was the dealer said, i can't let it go at that price, that's below invoice. This seemed logical, but at the same time there was very little wiggle room between MSRP and invoice. Seemed made up, even though I saw it in black and white. What are your thought on this?

    Pricing tools are here:
    https://www.edmunds.com/new-cars/

    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 / 2024 Kia Sportage Hybrid SX Prestige

  • RedhairedmonsterRedhairedmonster Member Posts: 6
    edited June 2020
    I am now looking for the money factor and residual percentage on a 2020 Toyota Corolla SE 36 month/12,000 mile lease in Santa Fe New Mexico 87505. Found the color I like there. The dealership in Santa Fe (60 miles away) is saying the MF is .00006 and the residual percentage is 60%. Is this correct? I tried to search TFS, but could not find. Thank you!! They also want to charge the Acquisition ($650) fee plus a Dealer Transfer fee of $369, and then an $80 non tax fee. They are reducing the MSRP by $1802 and giving me $1100 in rebates ($600 sub cash and 500 retired military).
  • RedhairedmonsterRedhairedmonster Member Posts: 6
    Thank you kyfdx!!!
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