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2014 Toyota Prius Lease Questions
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Lease a new 2014 Prius Two Hybrid 1.8L 4-cyl (excludes Prius c and Prius v) for $179 a month for 24 months with $2,420 due at signing, which includes first month’s payment, $2,591 down payment, $1000 TFS Subvention Cash Reduction, $0 security deposit and $650 acquisition fee. Example based on model #1223. Optional equipment varies by region. Base MSRP including freight $25,250. Monthly payments of $179 total $4,296. Capitalized cost of $23,578 based on down payment and dealer participation, which may vary by dealer. Payment may vary depending on final transaction price. Lease-end purchase option is $16,698
I don't understand the difference in the numbers, either - the amount due at signing should be equal to or greater than the down payment amount.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
My current Prius lease is ending and I'm planning to go to the dealership to lease a 2014 Prius 3, I'm just not sure what could be considered a "good" deal. According to Edmunds' lease calculator, the MF for my zip code is 0.00125, which is much higher than the MF Michaell and others have quoted on this thread.
If I manually put in the 0.00001 in that same calculator, my monthly payment goes down a good $25-30/month, inclusive of tax.
Any info on MF, RV and/or a "fair" capitalized cost estimate for the Prius Three would be really helpful!
I looked at a couple of different regions and saw the .00001 MF, so I figured that was national. Not sure that even Edmunds' lease calculator has the most current information.
You might ... gasp! ... have to contact the dealer.
And, the residual value is, as the British say, a dog's breakfast. Toyota doesn't residualize all their options, and even the dealers struggle to figure out how to calculate a lease payment.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
The $1000 is money from Toyota and should be subtracted.
$2591 down
+$179 1st payment
+$650 acq.fee
-$1000 TFS Cash reduction
= $2420 Due at signing.
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I'm planning to go to the dealer tomorrow, hoping to get a good deal considering it's a holiday weekend.
When I got my first Prius, I was a newbie and negotiate the monthly payment rather than the actual cost of the car. How likely are they to reveal the MF or is there a more subtle way to bring it up during negotiations than "what money factor do you guys use?"
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Residual values on individual options are almost impossible to determine for Toyota.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
I have a general question on the .00001 MF. Does Toyota post this number anywhere? I assume dealers are free to negotiate whatever they can get - it would be nice to reference a source when countering their offer.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
** Saved Money - Earned Money **
64% residual for 36/12. Subtract 2% for 15K. No 18K numbers available.
I can't find any 24 month residuals.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Is the 0.00001 RV and 70% RV that Michaell said still applicable to the V Three in NY for 15k miles/yr?
The same dealer also offered me 2015 Prius Three at 0.0001 and 59% RV, that's an awful deal right? Is it possible to negotiate the MF they use to calculate the monthly pmt? He salesman made it seem like the MF is take it or leave it.
Prius V lease numbers are .00001 and 70% for 24 months 15K miles per year.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
What is the current MF / Residual for 2015 Prius PERSONA series 3 yr / 36k miles?
Thanks!
a) what's "tier 1"?
b) are those in the ballpark?
c) Can we negotiate the dealers down?
B/c if 2 different quotes that means someone's padding something (I see you mentioned that there can be in a little for the dealer). BTW, these money factors are MUCH higher than Subaru is charging...There HAS to be a profit center in there!
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Tier 1 is the credit rating you would need to have to qualify for that best MF rate.
The MF cannot be negotiated any lower than the base rate.
MF vary wildly from one brand to another - hard to make an 'apples to apples' comparison.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Is it possible to negotiate dealers to chip in to either get you to sign a new lease or bring your old lease back in? (Esp as resale values for old cars seem pretty high right now...).
If you have a car, it is worth a certain amount to the dealer in trade, whether it's a lease vehicle or not. Not likely that the dealer will over allow on that value, as their intenton is to resell it for a profit to someone else.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Yes, you can negotiate the inflated MF to the base rate ... be polite but firm.
There are lots of Toyota dealers; I'm sure you can find one that will give you the base rate on a lease.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Does this apply to the 2014 Prius Five as well?
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
What term and mileage?
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2014: .00001 MF and 69% residual
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Looks like .00026 MF and 74% residual for 24mo, 12K/yr
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
2015 Prius - .00001 and 64% for 36/12
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
The base MF is the rate that the dealers must use as a minimum. While they can inflate it for extra profit, they cannot go below that number.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
What is the current MF and Residual for a 2015 Prius V for 10k mile/36 month lease? Are there any other terms that are more advantageous? Maybe 24 month? Any current incentives? Thanks!
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
What are the Residuals and MFs for a 24mo/36mo 12k miles on a 2015 Plug-in Hybrid Advanced in Southern California?
Are the numbers better in Iowa?
Any incentives or deals this month or coming up next month?
Thank you!