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2023 Toyota Corolla Lease Deals and Purchase Prices

MichaellMichaell Moderator Posts: 242,529
edited October 2022 in Toyota
Ask your 2023 Corolla lease and purchase questions here! Get information on money factors, residuals, incentives, deals, payments and prices. Post information on prices paid and discounts for purchases.

When making a request for lease information, please include the following information for the quickest response - body style, cab style (for trucks), trim level, RWD/FWD/AWD/4x2/4x4 (as appropriate), lease term, mileage allowance and your location.

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    SonOfSaulSonOfSaul Member Posts: 28

    What is the MF, RV and incentives for zip: 91362

    Carolla Hybrid LE
    12xxx miles/36months

    And for: 15xxx miles/36mos.

    Please and thank you!

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    MichaellMichaell Moderator Posts: 242,529
    SonOfSaul said:

    What is the MF, RV and incentives for zip: 91362

    Carolla Hybrid LE

    12xxx miles/36months

    And for: 15xxx miles/36mos.

    Please and thank you!

    No numbers for the 2023 Corolla Hybrid.

    New programs are released tomorrow. Ask again, then.

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    kyfdxkyfdx Moderator Posts: 238,864
    SonOfSaul said:

    What is the MF, RV and incentives for zip: 91362

    Carolla Hybrid LE

    12xxx miles/36months

    And for: 15xxx miles/36mos.

    Please and thank you!

    Sorry, no residuals yet for this model.

    .00102 MF
    No lease incentives

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    e_ivae_iva Member Posts: 17
    Hi,

    Can I get RV, MF, and incentives (probably none) for a 2023 Corolla SE in 18104? Thanks!
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    MichaellMichaell Moderator Posts: 242,529
    e_iva said:

    Hi,

    Can I get RV, MF, and incentives (probably none) for a 2023 Corolla SE in 18104? Thanks!

    36/15
    .00185 MF and 52% RV
    No lease incentives

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    maineevdrivermaineevdriver Member Posts: 9

    Hello Edmunds

    Can I get the numbers for 2023 Corolla LE Hybrid AWD 3618k and 3918k. Zipcode 04456.

    Thank you

    Ryan

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    MichaellMichaell Moderator Posts: 242,529

    Hello Edmunds

    Can I get the numbers for 2023 Corolla LE Hybrid AWD 3618k and 3918k. Zipcode 04456.

    Thank you

    Ryan

    We do not have 18k residuals; only 15K

    .00132 MF and 53% residual

    Either term

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    kbtpousbmkbtpousbm Member Posts: 2
    Hi Edmunds,

    Request for MF / RV / incentives for below:

    -2023 Toyota Corolla Hybrid LE FWD
    -36 months / 10k & 36 months / 12k
    -ZIP: 94122

    Thank you in advance!
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    MichaellMichaell Moderator Posts: 242,529
    kbtpousbm said:

    Hi Edmunds,

    Request for MF / RV / incentives for below:

    -2023 Toyota Corolla Hybrid LE FWD
    -36 months / 10k & 36 months / 12k
    -ZIP: 94122

    Thank you in advance!

    36/12
    .00132 MF and 55% RV
    No lease incentives

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    maineevdrivermaineevdriver Member Posts: 9

    Hello Edmunds

    Can I get the numbers for 2023 Corolla LE Hybrid AWD 39/15k. Zipcode 04456.

    Thank you,

    Ryan

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    MichaellMichaell Moderator Posts: 242,529

    Hello Edmunds

    Can I get the numbers for 2023 Corolla LE Hybrid AWD 39/15k. Zipcode 04456.

    Thank you,

    Ryan

    .00132 and 53%

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    kp789kp789 Member Posts: 1
    Hi, What is the MF, RV and incentives for zip: 30329
    2023 Corolla Hybrid LE
    39 months / 12,000 miles
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    MichaellMichaell Moderator Posts: 242,529
    kp789 said:

    Hi, What is the MF, RV and incentives for zip: 30329
    2023 Corolla Hybrid LE
    39 months / 12,000 miles

    36/12
    .00173 MF and 60% RV
    No lease incentives

    No 39 month term available

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    mtinwashdcmtinwashdc Member Posts: 5
    edited January 2023
    Hello,

    What is the MF, RV and incentives for zip: 20013
    2023 Corolla XSE
    36 months / 12,000 miles

    Additional questions:
    Has the era of triple-zero money factors gone away?
    Which ZIP code applies: The dealer's or the lessee's? (Considering out-of-state dealer.)
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    MichaellMichaell Moderator Posts: 242,529

    Hello,

    What is the MF, RV and incentives for zip: 20013
    2023 Corolla XSE
    36 months / 12,000 miles

    Additional questions:
    Has the era of triple-zero money factors gone away?
    Which ZIP code applies: The dealer's or the lessee's? (Considering out-of-state dealer.)

    .00185 MF and 53% RV
    No lease incentives

    Have you seen interest rates, in general, lately? The MF is simply following that trend.

    Dealer ZIP applies for program numbers.

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    RichardOrtizRichardOrtiz Member Posts: 1
    HI,

    What's the MF, RV and incentives for zip: 93308
    2023 Toyota Corolla LE
    36 months / 12,000 miles

    Thank you.
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    kyfdxkyfdx Moderator Posts: 238,864

    HI,

    What's the MF, RV and incentives for zip: 93308
    2023 Toyota Corolla LE
    36 months / 12,000 miles

    Thank you.

    .00185 MF and 54% residual
    No lease incentives

    For either 36 or 39 months

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    ShaunCShaunC Member Posts: 13
    Hello,

    What is the MF, RV and incentives for 2023 Corolla LE Sedan zip: 14094
    36 months / 10,000 miles
    24 months / 10,000 miles.

    Thanks in advance!
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    MichaellMichaell Moderator Posts: 242,529
    ShaunC said:

    Hello,

    What is the MF, RV and incentives for 2023 Corolla LE Sedan zip: 14094
    36 months / 10,000 miles
    24 months / 10,000 miles.

    Thanks in advance!

    .00185 MF
    60% 24/12
    54% 36/10 or 39/10
    No lease incentives

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    IS350SportIS350Sport Member Posts: 7
    Hi, What is the MF, RV and incentives for zip: 92630
    2023 Corolla Hybrid LE
    36 months / 12,000 miles

    Thank you!
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    kyfdxkyfdx Moderator Posts: 238,864

    Hi, What is the MF, RV and incentives for zip: 92630
    2023 Corolla Hybrid LE
    36 months / 12,000 miles

    Thank you!

    .00305 MF and 55% residual
    No lease incentives

    For either 36 or 39 months

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    nm6nm6 Member Posts: 11
    Hello, can I get the numbers for 2023 Corolla LE Hybrid 18/10k or 24/10k. Zip code 43212. Thank you so much!
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    kyfdxkyfdx Moderator Posts: 238,864
    nm6 said:

    Hello, can I get the numbers for 2023 Corolla LE Hybrid 18/10k or 24/10k. Zip code 43212. Thank you so much!

    24/12
    .00305 MF and 55% residual
    No lease incentives

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    moodyhankmoodyhank Member Posts: 240
    Hello, could you please share the 36/10 numbers for the GR Corolla Core trim in zip code 80023? Thank you!
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    MichaellMichaell Moderator Posts: 242,529
    moodyhank said:

    Hello, could you please share the 36/10 numbers for the GR Corolla Core trim in zip code 80023? Thank you!

    No numbers this month on the GR Corolla.

    When are they expected at the dealers?

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    HumbleKaiHumbleKai Member Posts: 8
    May I please have the MF, RV, and incentives/rebates on base 23 corolla hatchback se 36/10 at 02119
    Thanks!
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    MichaellMichaell Moderator Posts: 242,529
    HumbleKai said:

    May I please have the MF, RV, and incentives/rebates on base 23 corolla hatchback se 36/10 at 02119
    Thanks!

    .00185 MF and 55% RV
    No lease incentives

    Either 36/10 or 39/10

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    JaneW123JaneW123 Member Posts: 2
    Hi, What is the MF, RV and incentives for zip: 33125
    2023 Corolla Hybrid LE
    or 2023 Corolla LE
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    MichaellMichaell Moderator Posts: 242,529
    JaneW123 said:

    Hi, What is the MF, RV and incentives for zip: 33125
    2023 Corolla Hybrid LE
    or 2023 Corolla LE

    What lease term and how many miles per year?

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    JaneW123JaneW123 Member Posts: 2
    Michaell said:

    JaneW123 said:

    Hi, What is the MF, RV and incentives for zip: 33125
    2023 Corolla Hybrid LE
    or 2023 Corolla LE

    What lease term and how many miles per year?
    36 months/12k miles a year
    Wondering what the best deal could be... a lot of dealers are requiring 1000 dollar deposit to hold the car at the dealer.
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    MichaellMichaell Moderator Posts: 242,529
    JaneW123 said:

    Michaell said:

    JaneW123 said:

    Hi, What is the MF, RV and incentives for zip: 33125
    2023 Corolla Hybrid LE
    or 2023 Corolla LE

    What lease term and how many miles per year?
    36 months/12k miles a year
    Wondering what the best deal could be... a lot of dealers are requiring 1000 dollar deposit to hold the car at the dealer.
    .00208 MF
    62% Hybrid
    61% Gas
    No lease incentives

    Not much you can do about inventory issues - if you find a car that is coming in that you like, make sure the $1000 is refundable but make the deposit.

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    moodyhankmoodyhank Member Posts: 240

    @Michaell said:
    No numbers this month on the GR Corolla.

    When are they expected at the dealers?

    Deliveries started in December and Toyota website advertises lease numbers as of this month. I am taking delivery in a few days and was hoping you’d have the numbers so I can check on the dealer’s math…

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    MichaellMichaell Moderator Posts: 242,529
    moodyhank said:

    @Michaell said:

    No numbers this month on the GR Corolla.

    When are they expected at the dealers?

    Deliveries started in December and Toyota website advertises lease numbers as of this month. I am taking delivery in a few days and was hoping you’d have the numbers so I can check on the dealer’s math…


    My guess is that the MF is the standard rate from Toyota of .00315.

    Since the dealer cannot change the residual value, not having that information shouldn't hurt you with the dealer quote.

    How much markup is the dealer adding?

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    moodyhankmoodyhank Member Posts: 240

    No markup but I put my deposit almost a year ago and shopped extensively for an MSRP dealer.

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    MichaellMichaell Moderator Posts: 242,529
    moodyhank said:

    No markup but I put my deposit almost a year ago and shopped extensively for an MSRP dealer.

    Any chance you'll flip it? :wink:

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    edmundsin33323edmundsin33323 Member Posts: 93
    Hi All!

    May I have January MF,RV and any lease incentives for a 2023 Toyota GR Corolla Hatchback Core in
    34787 ?

    24/10?
    36/10?

    My local Toyota dealer has 1 unit in transit arriving this Friday (1/27). Thanks in advance!
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    MichaellMichaell Moderator Posts: 242,529

    Hi All!

    May I have January MF,RV and any lease incentives for a 2023 Toyota GR Corolla Hatchback Core in
    34787 ?

    24/10?
    36/10?

    My local Toyota dealer has 1 unit in transit arriving this Friday (1/27). Thanks in advance!

    No numbers for the GR Corolla, this month

    Edmunds Price Checker
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    edmundsin33323edmundsin33323 Member Posts: 93
    edited February 2023
    Michaell said:

    Hi All!

    May I have January MF,RV and any lease incentives for a 2023 Toyota GR Corolla Hatchback Core in
    34787 ?

    24/10?
    36/10?

    My local Toyota dealer has 1 unit in transit arriving this Friday (1/27). Thanks in advance!

    No numbers for the GR Corolla, this month

    Sir... still no Jan numbers for the GR Corolla? I believe today (Feb4) is the last day for Jan 'sales'.

    Out of state dealer quoted me...
    MF= .004
    Res= 68%
    Term= 36/10
    for 2023 GR Corolla Core
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    MichaellMichaell Moderator Posts: 242,529

    Michaell said:

    Hi All!

    May I have January MF,RV and any lease incentives for a 2023 Toyota GR Corolla Hatchback Core in
    34787 ?

    24/10?
    36/10?

    My local Toyota dealer has 1 unit in transit arriving this Friday (1/27). Thanks in advance!

    No numbers for the GR Corolla, this month

    Sir... still no Jan numbers for the GR Corolla? I believe today (Feb4) is the last day for Jan 'sales'.

    Out of state dealer quoted me...
    MF= .004
    Res= 68%
    Term= 36/10
    for 2023 GR Corolla Core
    The February numbers were released earlier this week. Still, no GR numbers.

    I'd be curious what bank your dealer is using for those numbers.

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    enrykayenrykay Member Posts: 1
    HI,

    What's the MF, RV and incentives for zip: 33415
    2023 Toyota Corolla LE
    36 months / 12,000 miles

    Thank you.
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    kyfdxkyfdx Moderator Posts: 238,864
    enrykay said:

    HI,

    What's the MF, RV and incentives for zip: 33415
    2023 Toyota Corolla LE
    36 months / 12,000 miles

    Thank you.

    .00208 MF and 61% residual
    No lease incentives

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    jhangtimejhangtime Member Posts: 1
    Hi Edmunds,

    Request for MF / RV / incentives for below:

    -2023 Toyota Corolla Hybrid LE FWD
    -36 months / 15k & 36 months
    -ZIP: 23666

    Thank you in advance!
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    kyfdxkyfdx Moderator Posts: 238,864
    jhangtime said:

    Hi Edmunds,

    Request for MF / RV / incentives for below:

    -2023 Toyota Corolla Hybrid LE FWD
    -36 months / 15k & 36 months
    -ZIP: 23666

    Thank you in advance!

    .00305 MF and 53% residual
    For either 36 or 39 months

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    chairiochairio Member Posts: 1
    Hey Edmunds,

    Request for MF / RV / incentives for below:
    -2023 Toyota Corolla LE FWD
    -18 months/10k miles
    AND
    -24 months/10k miles
    -ZIP: 31906
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    MichaellMichaell Moderator Posts: 242,529
    chairio said:

    Hey Edmunds,

    Request for MF / RV / incentives for below:
    -2023 Toyota Corolla LE FWD
    -18 months/10k miles
    AND
    -24 months/10k miles
    -ZIP: 31906

    No 18 or 24 month terms in the SE Toyota region, or 10K allowance

    36/12
    .00208 MF
    62% RV
    No lease incentives

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    Vanessab3Vanessab3 Member Posts: 7
    Hello, may I please get the MF, RV, and incentives for 2023 Toyota Corolla LE 33165 10k/36 10k/48? Thank you!
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    MichaellMichaell Moderator Posts: 242,529
    Vanessab3 said:

    Hello, may I please get the MF, RV, and incentives for 2023 Toyota Corolla LE 33165 10k/36 10k/48? Thank you!

    No 10K allowance in the SE Toyota region
    48 month term not supported

    36/12 - .00208 and 61%

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    3kidsinback3kidsinback Member Posts: 74

    Hello! Looking for the MF, RV and incentives for a 2023 Corolla Hybrid AWD with Conv. Pack. 36/10 vs 36/12 for zip code 14220. Thank You!

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    MichaellMichaell Moderator Posts: 242,529

    Hello! Looking for the MF, RV and incentives for a 2023 Corolla Hybrid AWD with Conv. Pack. 36/10 vs 36/12 for zip code 14220. Thank You!

    What trim level?

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    3kidsinback3kidsinback Member Posts: 74

    LE

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