2021 Toyota Corolla Lease Deals and Prices

MichaellMichaell ColoradoModerator Posts: 193,253
edited July 2020 in Toyota
Ask your 2021 Corolla lease questions here! Get information on money factors, residuals, incentives, deals and payments.

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Comments

  • greenfinngreenfinn Ohio Member Posts: 4
    Thanks Michael 🙏🏽
    Looking for 2021 Corolla Hybrid RV MF in 44113
    36/12
  • kyfdxkyfdx Moderator Posts: 197,894
    greenfinn said:

    Thanks Michael 🙏🏽
    Looking for 2021 Corolla Hybrid RV MF in 44113
    36/12

    .00210 MF and 61% residual

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  • rabadorirabadori Member Posts: 7
    Hello! Thank you so much for answering all of these questions!

    I’m looking for MF/RV/incentives for a 2021 Corolla Hatchback XSE in manual transmission. Lease 36/12. ZIP is 11235.

    Thank you!
  • MichaellMichaell ColoradoModerator Posts: 193,253
    rabadori said:

    Hello! Thank you so much for answering all of these questions!

    I’m looking for MF/RV/incentives for a 2021 Corolla Hatchback XSE in manual transmission. Lease 36/12. ZIP is 11235.

    Thank you!

    .00177 and 59%
    No incentives

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  • Andy604Andy604 NJMember Posts: 19
    Hello,

    Can I please get numbers for a 2021 Corolla SE auto gas sedan 12/36 in SC 29464? Thank you!

    Andy
  • kyfdxkyfdx Moderator Posts: 197,894
    Andy604 said:

    Hello,

    Can I please get numbers for a 2021 Corolla SE auto gas sedan 12/36 in SC 29464? Thank you!

    Andy

    .00053 MF and 58% residual

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  • buzarubuzaru Member Posts: 6
    Hi folks, can I get the numbers for a 2021 Corolla SE Nightshade edition for 36/10 lease? zip code 90066.. Thanks in advance!
  • MichaellMichaell ColoradoModerator Posts: 193,253
    buzaru said:

    Hi folks, can I get the numbers for a 2021 Corolla SE Nightshade edition for 36/10 lease? zip code 90066.. Thanks in advance!

    .00177 and 63%
    No incentives

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  • buzarubuzaru Member Posts: 6
    Michaell said:

    buzaru said:

    Hi folks, can I get the numbers for a 2021 Corolla SE Nightshade edition for 36/10 lease? zip code 90066.. Thanks in advance!

    .00177 and 63%
    No incentives
    Thank you!
  • Felix2020Felix2020 Member Posts: 8
    edited August 2020
    Hi all! Can I get the numbers for a 2021 Corolla Hybrid LE, 45343? Thanks! 36/12.
  • kyfdxkyfdx Moderator Posts: 197,894
    Felix2020 said:

    Hi all! Can I get the numbers for a 2021 Corolla Hybrid LE, 45343? Thanks! 36/12.

    .00192 MF and 61% residual

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  • byersalexbyersalex Member Posts: 16
    Hi there –

    May I please have the MF/RV/any incentives for a 2021 Corolla LE, automatic transmission. Lease 36/12 or any smaller mileages if offered. ZIP is 20003.

    Thanks!
  • kyfdxkyfdx Moderator Posts: 197,894
    byersalex said:

    Hi there –

    May I please have the MF/RV/any incentives for a 2021 Corolla LE, automatic transmission. Lease 36/12 or any smaller mileages if offered. ZIP is 20003.

    Thanks!

    36/10
    .00177 MF and 61% residual

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  • keysersoze1keysersoze1 Member Posts: 12
    Hello, may I please have the MF/RF/incentives for a 2021 Corolla LE Hybrid for 36/10. Zip is 22151.

    Thanks!
  • kyfdxkyfdx Moderator Posts: 197,894

    Hello, may I please have the MF/RF/incentives for a 2021 Corolla LE Hybrid for 36/10. Zip is 22151.

    Thanks!

    .00192 MF and 62% residual

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  • byersalexbyersalex Member Posts: 16
    Hi there – Since it's a new month, may I ask again for the numbers/incentives on a 2021 Corolla LE? 36/10, CVT, in 20003. Thanks!
  • MichaellMichaell ColoradoModerator Posts: 193,253
    byersalex said:

    Hi there – Since it's a new month, may I ask again for the numbers/incentives on a 2021 Corolla LE? 36/10, CVT, in 20003. Thanks!

    .00115 and 61%
    No incentives

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  • byersalexbyersalex Member Posts: 16
    Thank you!
  • keysersoze1keysersoze1 Member Posts: 12
    Hello, can we please have rv, mf, and incentives for 2021 Corolla hybrid le in 22151. Thanks!
  • daveczdavecz Member Posts: 9
    Hi,

    Looking for RV, MF, and incentives on a 2021 Corolla LE - auto

    Zip: 10573
    Terms: 36 months, 12 K
  • MichaellMichaell ColoradoModerator Posts: 193,253

    Hello, can we please have rv, mf, and incentives for 2021 Corolla hybrid le in 22151. Thanks!

    36/15
    .00138 and 59%
    No incentives

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  • MichaellMichaell ColoradoModerator Posts: 193,253
    davecz said:

    Hi,

    Looking for RV, MF, and incentives on a 2021 Corolla LE - auto

    Zip: 10573
    Terms: 36 months, 12 K

    .00096 and 60%
    No incentives

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  • keysersoze1keysersoze1 Member Posts: 12
    Sorry, can we please have rv, mf, and incentives for 2021 Corolla hybrid le in 22151 for 36/10. Thanks!
  • kyfdxkyfdx Moderator Posts: 197,894

    Sorry, can we please have rv, mf, and incentives for 2021 Corolla hybrid le in 22151 for 36/10. Thanks!

    .00138 MF and 62% residual

    Edmunds Price Checker
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  • keysersoze1keysersoze1 Member Posts: 12
    So we just walked out of a dealership in Virginia as things didn’t seem to add up. Here is what we were working on with the dealer:

    2021 Corolla LE Hybrid
    MSRP: $24,355
    Sale Price: $18,574
    All In Agreed Price: $21,345
    Lease 36/10, Zip 22151
    Residual: 62% ($15,100)
    MF: .00255 (w/ $1250 cash rebate), .00138 (w/out $1,250 cash rebate)
    No money down

    We were told the MF above is for Tier 1+ credit, and it differed based on whether we took the rebate or not. The finance manager then showed us a paper from July with the MF numbers above, which made me skeptical considering numbers change monthly. After that they tacked on a $650 acquisition fee after we had agreed on the all-in price of $21,345.

    All said and done, the costs to lease 36/10 with $0 down was $284/month when taking the cash rebate, and $280/month without the cash rebate.

    Do these seem right? I thought they were high and we decided to leave. I also didn’t trust the July MF sheet they showed us as being current.

    Thank you in advance for your input!
  • MichaellMichaell ColoradoModerator Posts: 193,253

    So we just walked out of a dealership in Virginia as things didn’t seem to add up. Here is what we were working on with the dealer:

    2021 Corolla LE Hybrid
    MSRP: $24,355
    Sale Price: $18,574
    All In Agreed Price: $21,345
    Lease 36/10, Zip 22151
    Residual: 62% ($15,100)
    MF: .00255 (w/ $1250 cash rebate), .00138 (w/out $1,250 cash rebate)
    No money down

    We were told the MF above is for Tier 1+ credit, and it differed based on whether we took the rebate or not. The finance manager then showed us a paper from July with the MF numbers above, which made me skeptical considering numbers change monthly. After that they tacked on a $650 acquisition fee after we had agreed on the all-in price of $21,345.

    All said and done, the costs to lease 36/10 with $0 down was $284/month when taking the cash rebate, and $280/month without the cash rebate.

    Do these seem right? I thought they were high and we decided to leave. I also didn’t trust the July MF sheet they showed us as being current.

    Thank you in advance for your input!

    .00138 and 62% is the correct information, without the incentive.

    Dealer is correct that to qualify for the incentive, the MF will have to increase.

    And, the $650 acquisition fee is legit, as well.

    That said, if I add the acq fee to the "all in" price, I get $243/mo, not $280/mo.

    If you are still working with this dealer, ask them for a copy of their lease worksheet.

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  • keysersoze1keysersoze1 Member Posts: 12
    Thank you! I’m still waiting for the dealers worksheet, but wanted to confirm you took a couple things into account with your calcs:

    1) if using the .00138 MF, was the $1250 added to the cap cost?
    2) in the state of Virginia, tax is levied up front on the cap cost (not on monthly payments)

  • MichaellMichaell ColoradoModerator Posts: 193,253

    Thank you! I’m still waiting for the dealers worksheet, but wanted to confirm you took a couple things into account with your calcs:

    1) if using the .00138 MF, was the $1250 added to the cap cost?
    2) in the state of Virginia, tax is levied up front on the cap cost (not on monthly payments)

    1. Yes
    2. Yes

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  • markymark44markymark44 Member Posts: 4
    Hi, can you please provide RV, MF and any incentives for a 2021 Corolla LE automatic, 36/10 zip 08540? Thank you!
  • MichaellMichaell ColoradoModerator Posts: 193,253

    Hi, can you please provide RV, MF and any incentives for a 2021 Corolla LE automatic, 36/10 zip 08540? Thank you!

    .00096 and 61%
    No incentives

    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!


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    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • BryanV7BryanV7 NJMember Posts: 6
    What's a good leasing and/or financing deal for a 2021 Toyota Corolla XSE? 07087 NJ I'm in the market for one. Thanks in advance!
  • MichaellMichaell ColoradoModerator Posts: 193,253
    BryanV7 said:

    What's a good leasing and/or financing deal for a 2021 Toyota Corolla XSE? 07087 NJ I'm in the market for one. Thanks in advance!

    Sedan or Hatch?

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  • BryanV7BryanV7 NJMember Posts: 6
    Sedan!
  • kyfdxkyfdx Moderator Posts: 197,894
    BryanV7 said:

    What's a good leasing and/or financing deal for a 2021 Toyota Corolla XSE? 07087 NJ I'm in the market for one. Thanks in advance!

    BryanV7 said:

    Sedan!

    36/15
    .00096 MF and 58% residual
    No lease incentives

    Finance
    1.90% up to 60 months

    Purchase
    $1000 rebate (not valid with 1.90% APR)

    Edmunds Price Checker
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  • BryanV7BryanV7 NJMember Posts: 6
    kyfdx said:

    BryanV7 said:

    What's a good leasing and/or financing deal for a 2021 Toyota Corolla XSE? 07087 NJ I'm in the market for one. Thanks in advance!

    BryanV7 said:

    Sedan!

    36/15
    .00096 MF and 58% residual
    No lease incentives

    Finance
    1.90% up to 60 months

    Purchase
    $1000 rebate (not valid with 1.90% APR)
    Thank you so much! What should my monthly payment be if I lease or finance and should I put any money down? Btw I have excellent credit score.
  • MichaellMichaell ColoradoModerator Posts: 193,253
    BryanV7 said:

    kyfdx said:

    BryanV7 said:

    What's a good leasing and/or financing deal for a 2021 Toyota Corolla XSE? 07087 NJ I'm in the market for one. Thanks in advance!

    BryanV7 said:

    Sedan!

    36/15
    .00096 MF and 58% residual
    No lease incentives

    Finance
    1.90% up to 60 months

    Purchase
    $1000 rebate (not valid with 1.90% APR)
    Thank you so much! What should my monthly payment be if I lease or finance and should I put any money down? Btw I have excellent credit score.
    We would need to know the MSRP and negotiated price to model payments for you.

    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

  • BryanV7BryanV7 NJMember Posts: 6
    Michaell said:

    BryanV7 said:

    kyfdx said:

    BryanV7 said:

    What's a good leasing and/or financing deal for a 2021 Toyota Corolla XSE? 07087 NJ I'm in the market for one. Thanks in advance!

    BryanV7 said:

    Sedan!

    36/15
    .00096 MF and 58% residual
    No lease incentives

    Finance
    1.90% up to 60 months

    Purchase
    $1000 rebate (not valid with 1.90% APR)
    Thank you so much! What should my monthly payment be if I lease or finance and should I put any money down? Btw I have excellent credit score.
    We would need to know the MSRP and negotiated price to model payments for you.
    MSRP. $27,233
    Dealer Discount. $1,277
    Price. $25,956
    National Rebate - $1,000
    Internet Price. $24,956
  • boobernackleboobernackle Member Posts: 11
    Hello there!

    Requesting MF and residual for a 2021 Toyota Corolla SE sedan, 12K/year for 36 months with zip code 19801.

    Thanks in advance!
  • MichaellMichaell ColoradoModerator Posts: 193,253
    BryanV7 said:

    Michaell said:

    BryanV7 said:

    kyfdx said:

    BryanV7 said:

    What's a good leasing and/or financing deal for a 2021 Toyota Corolla XSE? 07087 NJ I'm in the market for one. Thanks in advance!

    BryanV7 said:

    Sedan!

    36/15
    .00096 MF and 58% residual
    No lease incentives

    Finance
    1.90% up to 60 months

    Purchase
    $1000 rebate (not valid with 1.90% APR)
    Thank you so much! What should my monthly payment be if I lease or finance and should I put any money down? Btw I have excellent credit score.
    We would need to know the MSRP and negotiated price to model payments for you.
    MSRP. $27,233
    Dealer Discount. $1,277
    Price. $25,956
    National Rebate - $1,000
    Internet Price. $24,956
    Are you looking to buy or lease?

    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

  • BryanV7BryanV7 NJMember Posts: 6
    Michaell said:

    BryanV7 said:

    Michaell said:

    BryanV7 said:

    kyfdx said:

    BryanV7 said:

    What's a good leasing and/or financing deal for a 2021 Toyota Corolla XSE? 07087 NJ I'm in the market for one. Thanks in advance!

    BryanV7 said:

    Sedan!

    36/15
    .00096 MF and 58% residual
    No lease incentives

    Finance
    1.90% up to 60 months

    Purchase
    $1000 rebate (not valid with 1.90% APR)
    Thank you so much! What should my monthly payment be if I lease or finance and should I put any money down? Btw I have excellent credit score.
    We would need to know the MSRP and negotiated price to model payments for you.
    MSRP. $27,233
    Dealer Discount. $1,277
    Price. $25,956
    National Rebate - $1,000
    Internet Price. $24,956
    Are you looking to buy or lease?
    I'm looking to lease but I wouldn't mind buying. Which ever is the better deal I'll take.
  • MichaellMichaell ColoradoModerator Posts: 193,253
    BryanV7 said:

    Michaell said:

    BryanV7 said:

    Michaell said:

    BryanV7 said:

    kyfdx said:

    BryanV7 said:

    What's a good leasing and/or financing deal for a 2021 Toyota Corolla XSE? 07087 NJ I'm in the market for one. Thanks in advance!

    BryanV7 said:

    Sedan!

    36/15
    .00096 MF and 58% residual
    No lease incentives

    Finance
    1.90% up to 60 months

    Purchase
    $1000 rebate (not valid with 1.90% APR)
    Thank you so much! What should my monthly payment be if I lease or finance and should I put any money down? Btw I have excellent credit score.
    We would need to know the MSRP and negotiated price to model payments for you.
    MSRP. $27,233
    Dealer Discount. $1,277
    Price. $25,956
    National Rebate - $1,000
    Internet Price. $24,956
    Are you looking to buy or lease?
    I'm looking to lease but I wouldn't mind buying. Which ever is the better deal I'll take.
    If you're leasing, then you won't get the $1000 incentive.

    If you're looking for the lowest payment, then lease. But, you have to give the car back after three years.

    Edmunds Price Checker
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    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

  • BryanV7BryanV7 NJMember Posts: 6
    Michaell said:

    BryanV7 said:

    Michaell said:

    BryanV7 said:

    Michaell said:

    BryanV7 said:

    kyfdx said:

    BryanV7 said:

    What's a good leasing and/or financing deal for a 2021 Toyota Corolla XSE? 07087 NJ I'm in the market for one. Thanks in advance!

    BryanV7 said:

    Sedan!

    36/15
    .00096 MF and 58% residual
    No lease incentives

    Finance
    1.90% up to 60 months

    Purchase
    $1000 rebate (not valid with 1.90% APR)
    Thank you so much! What should my monthly payment be if I lease or finance and should I put any money down? Btw I have excellent credit score.
    We would need to know the MSRP and negotiated price to model payments for you.
    MSRP. $27,233
    Dealer Discount. $1,277
    Price. $25,956
    National Rebate - $1,000
    Internet Price. $24,956
    Are you looking to buy or lease?
    I'm looking to lease but I wouldn't mind buying. Which ever is the better deal I'll take.
    If you're leasing, then you won't get the $1000 incentive.

    If you're looking for the lowest payment, then lease. But, you have to give the car back after three years.
    I want to lease it for 36 Months 12K/YR Zero down and I have excellent credit score what should my monthly payment be? Let's say I want to put $1K down or $2K what should my monthly payment be? Thanks a lot I'm learning a ton!
  • kyfdxkyfdx Moderator Posts: 197,894
    BryanV7 said:

    Michaell said:

    BryanV7 said:

    Michaell said:

    BryanV7 said:

    Michaell said:

    BryanV7 said:

    kyfdx said:

    BryanV7 said:

    What's a good leasing and/or financing deal for a 2021 Toyota Corolla XSE? 07087 NJ I'm in the market for one. Thanks in advance!

    BryanV7 said:

    Sedan!

    36/15
    .00096 MF and 58% residual
    No lease incentives

    Finance
    1.90% up to 60 months

    Purchase
    $1000 rebate (not valid with 1.90% APR)
    Thank you so much! What should my monthly payment be if I lease or finance and should I put any money down? Btw I have excellent credit score.
    We would need to know the MSRP and negotiated price to model payments for you.
    MSRP. $27,233
    Dealer Discount. $1,277
    Price. $25,956
    National Rebate - $1,000
    Internet Price. $24,956
    Are you looking to buy or lease?
    I'm looking to lease but I wouldn't mind buying. Which ever is the better deal I'll take.
    If you're leasing, then you won't get the $1000 incentive.

    If you're looking for the lowest payment, then lease. But, you have to give the car back after three years.
    I want to lease it for 36 Months 12K/YR Zero down and I have excellent credit score what should my monthly payment be? Let's say I want to put $1K down or $2K what should my monthly payment be? Thanks a lot I'm learning a ton!
    $308/mo, assuming all taxes and fees are paid upfront, along with first payment

    $650 acq.fee
    $308 1st payment
    $750 sales tax (est)
    $300 dealer fee (est)
    $300 DMV (est)
    = $2308 due at signing

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  • markymark44markymark44 Member Posts: 4
    Michaell said:

    Hi, can you please provide RV, MF and any incentives for a 2021 Corolla LE automatic, 36/10 zip 08540? Thank you!

    .00096 and 61%
    No incentives
    What about for SE?
  • MichaellMichaell ColoradoModerator Posts: 193,253

    Michaell said:

    Hi, can you please provide RV, MF and any incentives for a 2021 Corolla LE automatic, 36/10 zip 08540? Thank you!

    .00096 and 61%
    No incentives
    What about for SE?
    64% residual

    Edmunds Price Checker
    Edmunds Lease Calculator
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    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • 96eclipse96eclipse New JerseyMember Posts: 12
    Could I get mf and residual
    36/10, 36/12
    Le corolla
    07095
    Thanks
  • MichaellMichaell ColoradoModerator Posts: 193,253
    96eclipse said:

    Could I get mf and residual
    36/10, 36/12
    Le corolla
    07095
    Thanks

    36/12
    .00096 and 60%
    No incentives

    Edmunds Price Checker
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    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • 96eclipse96eclipse New JerseyMember Posts: 12
    Michaell said:

    96eclipse said:

    Could I get mf and residual
    36/10, 36/12
    Le corolla
    07095
    Thanks

    36/12
    .00096 and 60%
    No incentives
    How about 36/10?
  • kyfdxkyfdx Moderator Posts: 197,894
    96eclipse said:

    Michaell said:

    96eclipse said:

    Could I get mf and residual
    36/10, 36/12
    Le corolla
    07095
    Thanks

    36/12
    .00096 and 60%
    No incentives
    How about 36/10?
    +1%

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  • blueoxygenblueoxygen Member Posts: 26
    Please help me with MF, residual, and incentives on.
    In the zip 07728

    Term: 36/12k

    2020 Toyota corolla LE , SE and Hybrid (LE)
    and
    2021 Toyota corolla LE , SE and Hybrid (LE)

    Best regards and stay safe and healthy !
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