2021 Toyota Corolla Lease Deals and Prices

12357…12

Comments

  • HighyatoyHighyatoy Member Posts: 110
    Hi, could I please have the MF and residual for the Corolla LE in zip code 43026? 39/10K and 36/10K lease. Any incentives? Thanks!
  • kyfdxkyfdx Moderator Posts: 268,617
    Highyatoy said:

    Hi, could I please have the MF and residual for the Corolla LE in zip code 43026? 39/10K and 36/10K lease. Any incentives? Thanks!

    .00063 MF
    $1000 lease cash
    61%/60% residual for 36/39 mo

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  • jayc1963jayc1963 Member Posts: 9
    Hello, could I please have the MF and residual for the Corolla LE in zip code 14068 for a 10K lease. Also, please advise of anything else relevant, i.e. is the MF different if the $1,000 customer cash is applied, etc. Thanks in advance!!
  • LJ823LJ823 Member Posts: 5
    Hello. Can you please provide me with the MF, RV, and any incentives on 2021 Toyota Corolla LE for 39/10k, 36/10k miles, zip 23220 (Richmond, Virginia). Thank you in advance !!!!
  • MichaellMichaell Moderator Posts: 265,801
    LJ823 said:

    Hello. Can you please provide me with the MF, RV, and any incentives on 2021 Toyota Corolla LE for 39/10k, 36/10k miles, zip 23220 (Richmond, Virginia). Thank you in advance !!!!

    .00123 and 61% / 60% for 36/39
    $500 lease cash

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  • kyfdxkyfdx Moderator Posts: 268,617
    jayc1963 said:

    Hello, could I please have the MF and residual for the Corolla LE in zip code 14068 for a 10K lease. Also, please advise of anything else relevant, i.e. is the MF different if the $1,000 customer cash is applied, etc. Thanks in advance!!

    36/10
    .00070 MF and 61% residual
    $500 lease cash

    The $1000 is for purchase. If applied, the MF would be .00245

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  • LJ823LJ823 Member Posts: 5
    edited January 2021


    Hi, I was wondering if this is okay deal ? (this is my first time leasing a car)
    2021 Corolla LE, 10000 mile/39 months, Virginia 23220.

    * I was aiming for under 210 $ monthly with 1000 drive off (for tax, license, paper work..) <- also let me know if this is reasonable

    Thank you in advance.


  • kyfdxkyfdx Moderator Posts: 268,617
    LJ823 said:



    Hi, I was wondering if this is okay deal ? (this is my first time leasing a car)
    2021 Corolla LE, 10000 mile/39 months, Virginia 23220.

    * I was aiming for under 210 $ monthly with 1000 drive off (for tax, license, paper work..)

    .00123 MF and 60% residual
    $500 lease cash

    Why is there a $20/mo. range on the payment?
    Is it $190/mo or $210/mo?

    When I run the numbers, it looks like that selling price is after the $1000 rebate.
    Considering the doc fee and accessories ($997), the discount is starting to look pretty small.

    I'd want to see the adjusted CAP cost, and how they calculated it, so you can see exactly what you are paying for.
    I'd also want the money factor disclosed.

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  • LJ823LJ823 Member Posts: 5
    edited January 2021
    LJ823 said:

    Hello. Can you please provide me with the MF, RV, and any incentives on 2021 Toyota Corolla LE for 39/10k, 36/10k miles, zip 23220 (Richmond, Virginia). Thank you in advance !!!!

    thank you.
  • LJ823LJ823 Member Posts: 5
    LJ823 said:



    Hi, I was wondering if this is okay deal ? (this is my first time leasing a car)
    2021 Corolla LE, 10000 mile/39 months, Virginia 23220.

    * I was aiming for under 210 $ monthly with 1000 drive off (for tax, license, paper work..)

    kyfdx said:

    LJ823 said:



    Hi, I was wondering if this is okay deal ? (this is my first time leasing a car)
    2021 Corolla LE, 10000 mile/39 months, Virginia 23220.

    * I was aiming for under 210 $ monthly with 1000 drive off (for tax, license, paper work..)

    .00123 MF and 60% residual
    $500 lease cash

    Why is there a $20/mo. range on the payment?
    Is it $190/mo or $210/mo?

    When I run the numbers, it looks like that selling price is after the $1000 rebate.
    Considering the doc fee and accessories ($997), the discount is starting to look pretty small.

    I'd want to see the adjusted CAP cost, and how they calculated it, so you can see exactly what you are paying for.
    I'd also want the money factor disclosed.

    Thank you so much for sharing your opinion.
    Initial deal was 2000 $ down and 210$ monthly payment.
    1000 $ rebate is correct. (500+500 college graduate)

    I asked RV/MF and dealer emailed me back saying,

    "I have the OK to discount the vehicle even further for you! I can work with your $1200, and if you'll use that as your down payment I can discount the vehicle and have your payment in the $220s. And if you put an additional $400 down I can have your payment right at $210 per month! ($1600 down total) "

    She didn't give me the RV and MF (so I was going to check in person).
    Seems like it's getting little bit better. How should I respond ?
    If I ask what is adjusted CAP cost, how they calculate it, then they would understand and give that information to me? Thank you in advance and sorry for my lack of knowledges.


  • jayc1963jayc1963 Member Posts: 9
    kyfdx said:

    jayc1963 said:

    Hello, could I please have the MF and residual for the Corolla LE in zip code 14068 for a 10K lease. Also, please advise of anything else relevant, i.e. is the MF different if the $1,000 customer cash is applied, etc. Thanks in advance!!

    36/10
    .00070 MF and 61% residual
    $500 lease cash

    The $1000 is for purchase. If applied, the MF would be .00245
    Thank you very much!
  • kyfdxkyfdx Moderator Posts: 268,617
    LJ823 said:

    LJ823 said:



    Hi, I was wondering if this is okay deal ? (this is my first time leasing a car)
    2021 Corolla LE, 10000 mile/39 months, Virginia 23220.

    * I was aiming for under 210 $ monthly with 1000 drive off (for tax, license, paper work..)

    kyfdx said:

    LJ823 said:



    Hi, I was wondering if this is okay deal ? (this is my first time leasing a car)
    2021 Corolla LE, 10000 mile/39 months, Virginia 23220.

    * I was aiming for under 210 $ monthly with 1000 drive off (for tax, license, paper work..)

    .00123 MF and 60% residual
    $500 lease cash

    Why is there a $20/mo. range on the payment?
    Is it $190/mo or $210/mo?

    When I run the numbers, it looks like that selling price is after the $1000 rebate.
    Considering the doc fee and accessories ($997), the discount is starting to look pretty small.

    I'd want to see the adjusted CAP cost, and how they calculated it, so you can see exactly what you are paying for.
    I'd also want the money factor disclosed.

    Thank you so much for sharing your opinion.
    Initial deal was 2000 $ down and 210$ monthly payment.
    1000 $ rebate is correct. (500+500 college graduate)

    I asked RV/MF and dealer emailed me back saying,

    "I have the OK to discount the vehicle even further for you! I can work with your $1200, and if you'll use that as your down payment I can discount the vehicle and have your payment in the $220s. And if you put an additional $400 down I can have your payment right at $210 per month! ($1600 down total) "

    She didn't give me the RV and MF (so I was going to check in person).
    Seems like it's getting little bit better. How should I respond ?
    If I ask what is adjusted CAP cost, how they calculate it, then they would understand and give that information to me? Thank you in advance and sorry for my lack of knowledges.


    Yes, it's getting better.

    If you want $1000 upfront and $210/mo, tell them to call you back when they can do it.

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  • LJ823LJ823 Member Posts: 5
    kyfdx said:

    LJ823 said:

    LJ823 said:



    Hi, I was wondering if this is okay deal ? (this is my first time leasing a car)
    2021 Corolla LE, 10000 mile/39 months, Virginia 23220.

    * I was aiming for under 210 $ monthly with 1000 drive off (for tax, license, paper work..)

    kyfdx said:

    LJ823 said:



    Hi, I was wondering if this is okay deal ? (this is my first time leasing a car)
    2021 Corolla LE, 10000 mile/39 months, Virginia 23220.

    * I was aiming for under 210 $ monthly with 1000 drive off (for tax, license, paper work..)

    .00123 MF and 60% residual
    $500 lease cash

    Why is there a $20/mo. range on the payment?
    Is it $190/mo or $210/mo?

    When I run the numbers, it looks like that selling price is after the $1000 rebate.
    Considering the doc fee and accessories ($997), the discount is starting to look pretty small.

    I'd want to see the adjusted CAP cost, and how they calculated it, so you can see exactly what you are paying for.
    I'd also want the money factor disclosed.

    Thank you so much for sharing your opinion.
    Initial deal was 2000 $ down and 210$ monthly payment.
    1000 $ rebate is correct. (500+500 college graduate)

    I asked RV/MF and dealer emailed me back saying,

    "I have the OK to discount the vehicle even further for you! I can work with your $1200, and if you'll use that as your down payment I can discount the vehicle and have your payment in the $220s. And if you put an additional $400 down I can have your payment right at $210 per month! ($1600 down total) "

    She didn't give me the RV and MF (so I was going to check in person).
    Seems like it's getting little bit better. How should I respond ?
    If I ask what is adjusted CAP cost, how they calculate it, then they would understand and give that information to me? Thank you in advance and sorry for my lack of knowledges.


    Yes, it's getting better.

    If you want $1000 upfront and $210/mo, tell them to call you back when they can do it.
    Thank you ! And will do.
    Is $210/mo with 1000 upfront a good deal?
    What do you think ?
    Thank you in advance!
  • kyfdxkyfdx Moderator Posts: 268,617
    LJ823 said:

    kyfdx said:

    LJ823 said:

    LJ823 said:



    Hi, I was wondering if this is okay deal ? (this is my first time leasing a car)
    2021 Corolla LE, 10000 mile/39 months, Virginia 23220.

    * I was aiming for under 210 $ monthly with 1000 drive off (for tax, license, paper work..)

    kyfdx said:

    LJ823 said:



    Hi, I was wondering if this is okay deal ? (this is my first time leasing a car)
    2021 Corolla LE, 10000 mile/39 months, Virginia 23220.

    * I was aiming for under 210 $ monthly with 1000 drive off (for tax, license, paper work..)

    .00123 MF and 60% residual
    $500 lease cash

    Why is there a $20/mo. range on the payment?
    Is it $190/mo or $210/mo?

    When I run the numbers, it looks like that selling price is after the $1000 rebate.
    Considering the doc fee and accessories ($997), the discount is starting to look pretty small.

    I'd want to see the adjusted CAP cost, and how they calculated it, so you can see exactly what you are paying for.
    I'd also want the money factor disclosed.

    Thank you so much for sharing your opinion.
    Initial deal was 2000 $ down and 210$ monthly payment.
    1000 $ rebate is correct. (500+500 college graduate)

    I asked RV/MF and dealer emailed me back saying,

    "I have the OK to discount the vehicle even further for you! I can work with your $1200, and if you'll use that as your down payment I can discount the vehicle and have your payment in the $220s. And if you put an additional $400 down I can have your payment right at $210 per month! ($1600 down total) "

    She didn't give me the RV and MF (so I was going to check in person).
    Seems like it's getting little bit better. How should I respond ?
    If I ask what is adjusted CAP cost, how they calculate it, then they would understand and give that information to me? Thank you in advance and sorry for my lack of knowledges.


    Yes, it's getting better.

    If you want $1000 upfront and $210/mo, tell them to call you back when they can do it.
    Thank you ! And will do.
    Is $210/mo with 1000 upfront a good deal?
    What do you think ?
    Thank you in advance!
    Yes, that would be a good deal

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  • CSUMT76CSUMT76 Member Posts: 3
    Looking for incentives/mf/rv on a 2021 SE in 76028 Thanks! Also, any advantage to 1 pay?
  • kyfdxkyfdx Moderator Posts: 268,617
    CSUMT76 said:

    Looking for incentives/mf/rv on a 2021 SE in 76028 Thanks! Also, any advantage to 1 pay?

    Stick or automatic?
    What term and mileage allowance?

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  • CSUMT76CSUMT76 Member Posts: 3
    Sorry, CVT 36/12
  • kyfdxkyfdx Moderator Posts: 268,617
    CSUMT76 said:

    Looking for incentives/mf/rv on a 2021 SE in 76028 Thanks! Also, any advantage to 1 pay?

    CSUMT76 said:

    Sorry, CVT 36/12

    .00142 MF and 63% residual
    $500 lease cash

    There should be a substantial money factor reduction for a single pay lease, but we don't have the details for TFS.

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  • danman3323danman3323 Member Posts: 41
    Can I get the MF, residual, and incentives for SE Zip is 30115 for 36/12 for automatic. Thanks.
  • MichaellMichaell Moderator Posts: 265,801
    danman3323 said:

    Can I get the MF, residual, and incentives for SE Zip is 30115 for 36/12 for automatic. Thanks.

    Stick or automatic?

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  • danman3323danman3323 Member Posts: 41
    Michaell said:

    danman3323 said:

    Can I get the MF, residual, and incentives for SE Zip is 30115 for 36/12 for automatic. Thanks.

    Stick or automatic?
    Auto please
  • MichaellMichaell Moderator Posts: 265,801
    danman3323 said:

    Michaell said:

    danman3323 said:

    Can I get the MF, residual, and incentives for SE Zip is 30115 for 36/12 for automatic. Thanks.

    Stick or automatic?
    Auto please
    .00035 and 59%
    No incentives

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  • danman3323danman3323 Member Posts: 41
    Michaell said:

    danman3323 said:

    Michaell said:

    danman3323 said:

    Can I get the MF, residual, and incentives for SE Zip is 30115 for 36/12 for automatic. Thanks.

    Stick or automatic?
    Auto please
    .00035 and 59%
    No incentives
    Do these numbers change now that we are in a new month?
  • kyfdxkyfdx Moderator Posts: 268,617
    danman3323 said:

    Michaell said:

    danman3323 said:

    Michaell said:

    danman3323 said:

    Can I get the MF, residual, and incentives for SE Zip is 30115 for 36/12 for automatic. Thanks.

    Stick or automatic?
    Auto please
    .00035 and 59%
    No incentives
    Do these numbers change now that we are in a new month?
    New programs start on Tuesday

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  • danman3323danman3323 Member Posts: 41
    Can I get the MF, residual, and incentives for SE Zip is 30115 for 36/12 for this new month. This is for automatic as well. Thanks.
  • kyfdxkyfdx Moderator Posts: 268,617
    danman3323 said:

    Can I get the MF, residual, and incentives for SE Zip is 30115 for 36/12 for this new month. This is for automatic as well. Thanks.

    .00035 MF and 59% residual

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  • danman3323danman3323 Member Posts: 41
    kyfdx said:

    danman3323 said:

    Can I get the MF, residual, and incentives for SE Zip is 30115 for 36/12 for this new month. This is for automatic as well. Thanks.

    .00035 MF and 59% residual
    I was told from the dealership that the RV is no longer 59%. Can you confirm.
  • kyfdxkyfdx Moderator Posts: 268,617
    danman3323 said:

    kyfdx said:

    danman3323 said:

    Can I get the MF, residual, and incentives for SE Zip is 30115 for 36/12 for this new month. This is for automatic as well. Thanks.

    .00035 MF and 59% residual
    I was told from the dealership that the RV is no longer 59%. Can you confirm.
    Sedan: .00035 MF and 59% residual is correct

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  • danman3323danman3323 Member Posts: 41
    kyfdx said:

    danman3323 said:

    kyfdx said:

    danman3323 said:

    Can I get the MF, residual, and incentives for SE Zip is 30115 for 36/12 for this new month. This is for automatic as well. Thanks.

    .00035 MF and 59% residual
    I was told from the dealership that the RV is no longer 59%. Can you confirm.
    Sedan: .00035 MF and 59% residual is correct
    Would this change with this zip code 30328?
  • kyfdxkyfdx Moderator Posts: 268,617
    danman3323 said:

    kyfdx said:

    danman3323 said:

    kyfdx said:

    danman3323 said:

    Can I get the MF, residual, and incentives for SE Zip is 30115 for 36/12 for this new month. This is for automatic as well. Thanks.

    .00035 MF and 59% residual
    I was told from the dealership that the RV is no longer 59%. Can you confirm.
    Sedan: .00035 MF and 59% residual is correct
    Would this change with this zip code 30328?
    Nope

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  • jayc1963jayc1963 Member Posts: 9
    Hello, you provided me the below information in January but I did not make it to the dealer. Can you please confirm of the current February MF and residual for the Corolla LE in zip code 14068 for a 10K lease. Also, please advise of anything else relevant, i.e. is the MF different if the $1,000 customer cash is applied, etc. Thanks in advance!!

    36/10
    .00070 MF and 61% residual
    $500 lease cash

    The $1000 is for purchase. If applied, the MF would be .00245
  • kyfdxkyfdx Moderator Posts: 268,617
    jayc1963 said:

    Hello, you provided me the below information in January but I did not make it to the dealer. Can you please confirm of the current February MF and residual for the Corolla LE in zip code 14068 for a 10K lease. Also, please advise of anything else relevant, i.e. is the MF different if the $1,000 customer cash is applied, etc. Thanks in advance!!

    36/10
    .00070 MF and 61% residual
    $500 lease cash

    The $1000 is for purchase. If applied, the MF would be .00245

    .00075 MF and 61% residual
    $500 lease cash

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  • jayc1963jayc1963 Member Posts: 9
    kyfdx said:

    jayc1963 said:

    Hello, you provided me the below information in January but I did not make it to the dealer. Can you please confirm of the current February MF and residual for the Corolla LE in zip code 14068 for a 10K lease. Also, please advise of anything else relevant, i.e. is the MF different if the $1,000 customer cash is applied, etc. Thanks in advance!!

    36/10
    .00070 MF and 61% residual
    $500 lease cash

    The $1000 is for purchase. If applied, the MF would be .00245

    .00075 MF and 61% residual
    $500 lease cash
    Thank you very much.
  • Adamd06Adamd06 Member Posts: 22
    Can I please have MF, residual, and incentives for Corolla LE or SE 36/12 for 19026
  • MichaellMichaell Moderator Posts: 265,801
    Adamd06 said:

    Can I please have MF, residual, and incentives for Corolla LE or SE 36/12 for 19026

    SE - automatic or stick shift?

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  • Adamd06Adamd06 Member Posts: 22
    Automatic
  • AKash66AKash66 Member Posts: 17
    Can I please have MF, residual, and incentives for Corolla XSE hatch, automatic, 36/10 for 98119? Thanks.
  • kyfdxkyfdx Moderator Posts: 268,617
    Adamd06 said:

    Can I please have MF, residual, and incentives for Corolla LE or SE 36/12 for 19026

    Adamd06 said:

    Automatic

    .00075 MF
    $500 lease cash
    60%/63% residual for LE/SE

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  • kyfdxkyfdx Moderator Posts: 268,617
    AKash66 said:

    Can I please have MF, residual, and incentives for Corolla XSE hatch, automatic, 36/10 for 98119? Thanks.

    .00015 MF and 60% residual
    $500 lease cash

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  • JUST4AdviceJUST4Advice Member Posts: 3
    Hello,
    Can someone here help with a purchase for a 2021 Corolla LE
    M.S.R.P is $ 21,420
    options $ 695
    Suggested $ 22,115

    Rebates are at $1,750
    dealer discount$ 1,000
    so final price is $ 19,365 +TTL

    All feedback is appreciated.
  • JUST4AdviceJUST4Advice Member Posts: 3
    If I lease the auto the following will apply:

    Residual value=60% of 22,115 (m.s.r.p)

    gross capitalized cost = $19,365+ (fees which are taxes at 6.25% )=20,575.31

    capitalized cost reduction = $2750 (rebates $1750 from manufacturer + $1000 dealer discount)

    adjusted capitalized cost = $21,115 + taxes $ 1,210= 22,325.31

    $20,000 - $13,110 = $6,890

    depreciation amount = $8,930.12

    base payment 36 months = $248.06

    The current promo interest is 4.09%

    Wow! Lots of data! What is the money factor here? (Texas)





  • MichaellMichaell Moderator Posts: 265,801
    JUST4Advice said:

    Hello,
    Can someone here help with a purchase for a 2021 Corolla LE
    M.S.R.P is $ 21,420
    options $ 695
    Suggested $ 22,115

    Rebates are at $1,750
    dealer discount$ 1,000
    so final price is $ 19,365 +TTL

    All feedback is appreciated.

    While waiting for an answer, you can look here

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  • MichaellMichaell Moderator Posts: 265,801
    JUST4Advice said:

    If I lease the auto the following will apply:

    Residual value=60% of 22,115 (m.s.r.p)

    gross capitalized cost = $19,365+ (fees which are taxes at 6.25% )=20,575.31

    capitalized cost reduction = $2750 (rebates $1750 from manufacturer + $1000 dealer discount)

    adjusted capitalized cost = $21,115 + taxes $ 1,210= 22,325.31

    $20,000 - $13,110 = $6,890

    depreciation amount = $8,930.12

    base payment 36 months = $248.06

    The current promo interest is 4.09%

    Wow! Lots of data! What is the money factor here? (Texas)

    What is your location?
    How many miles per year?

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  • KaraL25KaraL25 Member Posts: 11
    Hi. Is there still $500 lease cash for the Toyota Corolla LE FWD this month? Zip 13760 or 14534. Thanks so much.
  • MichaellMichaell Moderator Posts: 265,801
    KaraL25 said:

    Hi. Is there still $500 lease cash for the Toyota Corolla LE FWD this month? Zip 13760 or 14534. Thanks so much.

    Yes, that is still in effect for February.

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  • KaraL25KaraL25 Member Posts: 11
    edited February 2021
    I've got 0.00070 as the MF and 60% RV for 36/12 for zip 13760/14534 for the Corolla LE FWD. Is this still accurate? Thanks so much for your help.

  • kyfdxkyfdx Moderator Posts: 268,617
    KaraL25 said:

    I've got 0.00070 as the MF and 60% RV for 36/12 for zip 13760/14534 for the Corolla LE FWD. Is this still accurate? Thanks so much for your help.

    .00075 MF and 60% residual
    $500 lease cash

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  • ryfriryfri Member Posts: 32
    Good morning- could I please have the MF/RV/incentives on a LE and Hybrid 36/15,000 in 33470? Thanks!
  • kyfdxkyfdx Moderator Posts: 268,617
    ryfri said:

    Good morning- could I please have the MF/RV/incentives on a LE and Hybrid 36/15,000 in 33470? Thanks!

    .00081 MF and 60% residual

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  • ryfriryfri Member Posts: 32
    kyfdx said:

    ryfri said:

    Good morning- could I please have the MF/RV/incentives on a LE and Hybrid 36/15,000 in 33470? Thanks!

    .00081 MF and 60% residual
    Thanks- is that for both the LE and Hybrid LE trims?
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