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Toyota Camry Lease Questions
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Comments
My Dad "fell in love" with the car and started expressing his desire to buy the car before any negotiations started. The salesman must have realized he had a live on on the hook and not only didn't offer them a discount but he worked the numbers so the lease price was about $4,000 higher than the MSRP.
I understand the supreme law: " BUYER BEWARE ". But is it possible that some law was broken whether leasing law or elder law that some action can be taken to lessen the pain?
Thanks,
Here are specs on current car I had for 3 years:
Miles: 16,893
Model: Camry 2011, LE
gross capitalized cost: $25800
residual value" $17,800
In Orange County, CA- visited Power Toyota today and was offered the national lease rate of $279/month with zero down, and pay for the additional cost of the more expensive V6 model over the national deal for an SE V4. Dealer pays 1st month of 36 month lease, I pay for T, T & Licensing Fees on drive-off. Dealer assumes the balance of my 5 lease payments so I am done with the existing TFS Lease. The estimate I was given w/out taxes was $345/month.
What's a good deal for structuring the 2013 SE V6? I don't need all the upgrade packages but there's probably only a few anyways so they might have to work with me on my preferred Silver/Black combo. I assume there could be a little more room but can't gauge what a good deal factoring in for the additional monthly charges over the $279/month rate for a v4 should be.
This time, I got the 2013 Camry SE V6 (Yes, Mr. mcdawgg, even Toyota labels it as "V6"), Silver exterior/leather trim w/black fabric cloth. Just what I wanted.
Fully loaded except for heated seats and lane alert.
Beautiful car, couldn't be happier and the extra power is much appreciated over the V4.
They took back my existing Lease on a trade in with 5 payments left; $299/month plus tax, OTD with first month's and registration fees.
This is the dealer to see if you're in SoCal. PM for details if you want.
Just trying to point this out to help. It helps to be as knowledgeable as possible on things, and telling the salesperson you want a "V4" could label you as someone who doesn't know much about cars.
The 6 cylinders have 3 cylinders on one side of the crankshaft, and 3 on the otherside, in a V shape, with the bottom of the V being the crankshaft.
The I4 has 4 cylinders in a row, all right above the crankshaft, not at an angle.
Don't want to offend, just educate.
Any updated info on MF and residual for 2013 Camry XLE hybrid on a 36 month 15K lease?
Thanks
I just leased a 2013 Camry SE 4-cyl (36 Month/12k) for $225 OTD (no down/tax & fees all included). I didn't get any special options, I just preferred the SE over the LE for the alloy wheels. Can anyone tell me if that's a good deal or has anyone seen cheaper?
Could you please provide the money factor and residual for Camry LE and SE for a 36 month 12k mile lease.
Also, are there any cash incentive currently offered? I saw something about $750 lease bonus cash.
Thank you
i am looking for camry xle 2013 with leather package. getting a quote of 26500 , and lease payment of 320 with 0 down, and 12k/year, 36 months. This is in north NJ. how is the offer comparing ?
Was was the MSRP and sale price?
What options were included on the car?
What were the fees?
Thanks
hope this helps!
MSRP - have no idea, don't care.
No additional options were included - just bare car.
$1500 included all fees and first month payment.
The cash incentives that are available on leases of the 2013 Camry also vary by region. There is $750 in certain regions, but there is as much as $1,500 and as little as $200 in other areas.
What state are you in?
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Thanks for getting back to me, I appreciate it.
I didn't realize there's no Private Mail, but LMK.
Payments: $242-$247/mo with $1,139 down
($500 Toyota Loyalty Coupon and $639 for closing fee, plate fee, and tax).
Money Factor: .00092 / Residual $17,304.08
MSRP: 25,826.98
Vehicle Price: $23,700
Trade-In: $18,500.00* (my RAV4 lease is up)
Adj Price: $5,200
Plate fee: $39
Closing Fee: $299
Tax: $300.00
Delivered Price: 24,213.
* This dealership told me that my payoff is $18,375 but they are giving me $18,500. That was a red flag so when I got home I called SETF and confirmed my pay off is $18,785.
This will be my 3rd consecutive lease with this dealership. The F&I guy said he remembered me from my last lease because I spent the whole day there negotiating - that's pretty sad. I am trying to get a lower pymt w/o putting more money down. Guess I will make some internet contacts today with dealership in the next town.
Can anyone provide any offers they have seen recently in Florida/ South east on 12K/yr-36Mo?
The dealer is adamant they cant offer same price on lease as sale. How much should I let go extra compared to what cash sale prices are when calculating lease payment.
MF is 0.00045 and residual is 63%
Also any recommendation if the Excess Wear and Tear package offered for 595+tax is worth?
I am getting confusing messages/prices from dealers from $279 +tax to $319 +tax
both are asking for the 1st mo payment + tax, license and registration.
The first one is obviously closer to the advertized special, but still not sure why am i suppose to come up with money down (1st payment etc) if the Toyota ad does not state that. Also is there dealer or cash incentives in Southern California?
Thanks for the info!
car_man ? :shades:
you mentioned you are getting the Camry LE Hybrid for $250 etc. Thanks for the info, did you end up actually getting it? The deals sounds almost too good to be true, at least from where I am at
Yes, I was able to get that deal in SoCal (AutoNation Irvine) for $250/month including taxes for Camry Hybrid LE.
Good for you
wanted to know if this is a good deal.
Retail
Vehicle Base Model ....................: $ 22680.00
Total Accessories .....................: $ 734.00
Destination Charge ..........................: $ 795.00
Total Msrp.......................................:$ 24209.00
Cap Cost===> Selling Price = $23,758
Money factor===> .00075
Residual (@15,000 miles)===> .64%
Trade Allowance $3,500 (2002 Camre SE)
36 months 15,000 miles ==$178 plus tax $189
Series: Camry
Model: SE 2546 - 4 Door SE Sedan
Model Year: 2013
Exterior: Classic Silver Metallic
Interior: Black/Ash 2 Tone Fabric
Estimated Pricing*
MSRP
Base $23,400.00
Options $3,137.00
Manuf. Delv, Proc, & Hndlg $860.00
Total $27,397.00
Base - the price for the vehicle, prior to options and manuf. delv, proc & hndlg fees.
Options - the amount of optional equipment (accessories and packages) installed on the vehicle.
Manuf. Delv, Proc & Hndlg - Delivery, Processing & Handling - the fee that is paid by the Dealer to the Manufacturer to cover the cost of transporting the vehicle to the dealership.
Admin - the Administrative Fee is a charge paid by the Dealer to Southeast Toyota, the regional distributor, and is used for the regional dealer support programs.
MSRP
50 State Emissions $0
6-Gallons of Gas $0
8-Way Power Adjustable Driver's Seat $440
Carpet Mats w/Lipped Trunk Mat $399
Leather Faced Seats (Georgetown) $1,599
Southeast Toyota Distributor Plus $0
Certified Technician 46 Point,
Final Quality Inspection,
Digital Picture Asset Program
TOYOGUARD(R) Elite $699
Customer Care Includes:
Roadside Assistance, Rental Car Assistance
Emergency Towing, Vehicle VIN Etch
Exterior Paint Sealant, Interior Sealant
Two Traditional Oil Changes, or One Synthetic
Oil change & Filter Change at Any S.E.T. Dealer
Two Tire Rotations, All New TOYOGUARD(R)
Personal Assistant
All new TOYOGUARD(R) Auto Care Kit
Dealer is telling me:
Money factor = .0001
Residual = 55%
The MF is great, but I thought the residual would be higher?
(This of course makes no sense to me because it seems that a base hybrid XLE shouldn't have the same value as a "loaded" hybrid XLE after 3 years... Or does it?)
All I want is the residual percentage on a 2013 Camry Hybrid XLE (36mos/12k)
36mo/12k
TCH XLE (regardless of options) = 59%
MF = .00001
Of course now I'm more confused. I just got a quote (from Ohio) on a TCH XLE, pretty loaded (great price) and it says the residual is $18,555 (MSRP $33,035) and that comes out to 56.17% which not only seems low but is quite an odd percentage...
I'm glad you found a decent dealership. There doesn't seem to be very many...
Thanks!
Last month or so I was getting residual quotes on Camry Hybrid XLE (MSRP $33,105) at $18,555. Percentage should be over 56%.
However since the 2014's are now available, I'm not sure if that affects the residuals on 2013's. It might...
Just get a couple other quotes on a lease from nearby dealerships (via email). They should all match on the residual.
Special Lease Program: 67% residual on 12K miles a year, 65% on 15K a year. MF was .000197 (not as good as one quoted on '13 which was .000113)
Standard Lease Program: Utilize $1,000 dealer cash, 57% residual and MF was .000239 (2013 is $2500 dealer cash and MF was .000183)
Residuals are not negotiable, but the dealer should be able to show you the residual for each unit.
regards,
kyfdx
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can i get the residual/mf for a 36/15K camry se in florida (setf market)?
thank you
But, I don't have the residuals....
regards,
kyfdx
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