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Toyota Camry Lease Questions
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Comments
its o down
will this worth 12000miles/year
please help am new to leasing .
What Tier lease rate are you getting? The money factor?
Tier 1 for this lease is .0001 and you payment should be under $225 with $0 down.
Provide that information and where you live.
Then can provide better feed back for you to ensure you are getting a decent deal on your 1st lease.
LW
FWIW, just got a 2011 SE for $1300 under invoice before the rebates.
2012 coming out, deals are to be had. Just get it done before May 2.
Regards,
LW
Is this a good deal?
I had a 36 month/45K miles deal a few months ago for $257/month on a 4 cyl AT LE with nothing down and 35 payments to go, but passed on it when I saw some of the deals here.
Like everyone else says, plug your numbers into a lease calculator (leaseguide.com or others). Also, see "rcgeller" posts in this thread. You can do much better, IMHO. Good luck.
What tier are you in? Tier 1 Tier 2 ???
GAP insurance is optional -What are you being charged for that?
Good price for the car is $21000 BEFORE any rebates
LW
2011 Camry Base 4dr
Manual Transmission
No extras
MSRP on Toyota website is $19,820
I'm Tier 1 (790 FICO) credit
Questions for you pros!
1. Residual for a 12k/36month lease? What about a 15k/36 month lease?
2. What would be a good sale price? (net cap cost) -- invoice is $19,291 per KBB
3. Anyone with any suggestions/experience on getting something similar?
Thanks!!!
I am looking to lease a 2011 Camry SE for 3 years 36K miles. The MSRP is $26,650, residual 62% and money factor of .00075. My initial quote from the dealer was $359 a month for 35 months, which is no money down. I do not know what other leases are going for, but I was thinking if I negotiate the purchase price to $24.8K then my payments would be around the $280 mark for 35 months. My question is if $280 is a fair price, comparing to others on this site.
I live in Cincinnati, Ohio.
Thanks,
Dustin
Sorry, haven't done this in years. I've been driving a 1999 Explorer until now. I'm about to be a divorced mother of two, so I really don't want to get taken!
Thanks -
I think it's ok deal as I was desperate to get the car and didn't push much.
Did I get a reasonable deal?
Thanks in advance.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
$21000 (after dealer cash bonus of $500 and dealer discount)
2500 down (including all taxes,documentation and delivery) 190 PM (including tax) for 35 months, 12000 Miles PA.
Is this a reasonable deal?
2650 (cap cost reduct, and acquisition fee)
$170 (month payment including all taxes, registration,doc fee; 36mon/36K)
That is the rule that Toyota will follow. Whatever is in your contract. Edmunds opinion won't make any difference.
Most of the time, when you get a really low lease payment, the residual amount is unattractive.
regards,
kyfdx
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
capital cost: $22120
residual value: $14301
term: 36 months
money factor: 0.00001 (essentially 0 interest)
I did not pay any cap cost reduction.
monthly payment including 9% tax in state of PA: ($22120-$14301)/36*1.09 = $237
At signing I paid 1st month payment, acquisition fee and tags minus the $500 customer cash credit from Toyota.
The residual value for a lease with only 12,000 miles per year would be 2% higher.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
I have been offered a 36month/12k mile lease in Connecticut for $310 for a 2011 Camry SE, 4-cyl, SE Value Package 1 and 17" alloys. Nothing more. Nothing down except $500 which includes first months payment. The "no haggle" price of this car is $24,265 off of a $25,495 listed MSRP. They are taking a 2009 Camry LE from me that I owe $800 on. I got the 2009 on Swap A Lease last year. (a deal that worked out very well for me) That lease is over on November 30th. There is a bit of excess wear and tear on the 2009 ( dented front bumper and too many scratches) and I suspect I will get hit with $500 to $700 for the damage. The $800 I owe on the old lease is getting rolled into the new lease. If I pay it off myself now I dealer say I will lower payment down to $290.
thanks for your time.
I bought my black Camry LE 2011 in NYC , with Aloy Weels upgraded and floor carpets for total $20700 (before tax and fee). (They gave me $1000 credit cashback + $1000 for just graduated student + 0% APR for 60 months).
With tax + registration fee, finaly I need to pay $23000 in 5 years with 0% APR., $0 downpayment.
Everymonth, I need to pay $384
Do you think it is a good deal ?
cap. cost ~ 20400
3 yrs 15k
residual ~ 13800
money factor 0.00035
bank fee 650
gap inrance 595
registration 250
documentation 55
I also got 1500$ rebate on top of this.
After including all above costs and rebates, I paid 0$ while picking up the car.
will be paying 236$ for rest 35 months.
Is it a good deal?
Please let me know as I am looking to do this soon.
I am also in PA and haven't been able to find that kind of deal on an LE 4 cyl, let alone a 6, so I would be very interested in the details and the dealer, if you are able.
Thanks.
$289/month, 36 months including taxes and nothing out of pocket.
It will be really helpful if you can give the details of the dealer.. looks like u have got a screaming deal... I have been searched but not able to find that is even close to your deal. Also please give some info on the credit score also.. I means Yours is an Excellent one..??
I got it from ToyotaSunnyvale.
I got $1000 toyota rebate $500 dealer rebate and $1000 graduate discount. Don't know if they all still available. Yes, I had excellent credit. Thanks.
2011 Camery SE / leather / sunroof / heated seats & mirrors / rear tail spoiler package / (no GPS though) 36mnth Lease / 15k yr........made deal at $0 out of pocket. $259 a mnth w/taxes included. (total bill payment that comes in the mail)
If you want to put $0 down, make sure you tell them '$0 out of pocket'. That's the dealers true terminology of sign and drive. Hope this helps for those shopping. GREAT CAR for the money.
Does anyone know what the money factor and residual Toyota is using for the new 2012's?
Could I please get the Toyota Finance's October buy rate lease money factor and residual value for a 36 month lease of a 2012 Toyota Camry with 15,000 miles per year. How much do these vary between the LE and SE models? Do you know the excess miles charges both prepaid and end of the lease? Thank You