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2017 Toyota Corolla Lease Deals and Prices

124

Comments

  • eman2017eman2017 Member Posts: 1
    Hi I was wondering if I could get info on leasing a 2017 corolla le or se for 24/12k and 36/12k in the Illinois area. Thanks
  • MichaellMichaell Moderator Posts: 258,923
    eman2017 said:

    Hi I was wondering if I could get info on leasing a 2017 corolla le or se for 24/12k and 36/12k in the Illinois area. Thanks

    LE - 62% (24/12) or 56% (36/12). Add 2% for SE trim

    .00001 MF

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  • mahlers5thmahlers5th Member Posts: 4
    edited August 2017
    Wanted your opinion on following lease offered on 2017 Toyota Corolla LE 36 months/18K tier1+ credit student credit:
    MSRP $20,077
    Gross capitalized cost $18767
    Adjusted Capitalized Cost $17865
    RV $9996
    Monthly $219

    (first time lease so don't know all the lingo!)
  • MichaellMichaell Moderator Posts: 258,923

    Wanted your opinion on following lease offered on 2017 Toyota Corolla LE 36 months/18K tier1+ credit student credit:
    MSRP $20,077
    Gross capitalized cost $18767
    Adjusted Capitalized Cost $17865
    RV $9996
    Monthly $219

    (first time lease so don't know all the lingo!)

    What state and tax rate?
    How much is due at signing?

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  • mahlers5thmahlers5th Member Posts: 4
    edited August 2017
    Hi,
    Colorado
    Due at signing $1750 ($235 first monthly' payment, $903 capitalized reduction cost, $68 tax on cap reduc, $499 doc fee)
    Tax $16.41 added to monthly payment $219 (so tax rate 7.5%?)
  • mahlers5thmahlers5th Member Posts: 4
    Michaell said:
    Wanted your opinion on following lease offered on 2017 Toyota Corolla LE 36 months/18K tier1+ credit student credit:
    MSRP $20,077
    Gross capitalized cost $18767
    Adjusted Capitalized Cost $17865
    RV $9996
    Monthly $219

    (first time lease so don't know all the lingo!)
    What state and tax rate? How much is due at signing?

    Hi,
    Colorado
    Due at signing $1750 ($235 first monthly' payment, $903 capitalized reduction cost, $68 tax on cap reduc, $499 doc fee)
    Tax $16.41 added to monthly payment $219 (so tax rate 7.5%?)

  • kyfdxkyfdx Moderator Posts: 260,768


    Michaell said:

    Wanted your opinion on following lease offered on 2017 Toyota Corolla LE 36 months/18K tier1+ credit student credit:
    MSRP $20,077
    Gross capitalized cost $18767
    Adjusted Capitalized Cost $17865
    RV $9996
    Monthly $219

    (first time lease so don't know all the lingo!)
    What state and tax rate?
    How much is due at signing?


    Hi,
    Colorado
    Due at signing $1750 ($235 first monthly' payment, $903 capitalized reduction cost, $68 tax on cap reduc, $499 doc fee)
    Tax $16.41 added to monthly payment $219 (so tax rate 7.5%?)



    I get about $218/mo.+tax, with that adjusted CAP cost.
    Do you really need 18K/yr? The extra 3000 miles per year adds about $23/mo.+tax to the payment.
    If you skip the CAP cost reduction, you'll have $971 more in your pocket, but of course the payment goes up to $246/mo.+tax

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  • mahlers5thmahlers5th Member Posts: 4
    kyfdx said:
    Michaell said:
    Wanted your opinion on following lease offered on 2017 Toyota Corolla LE 36 months/18K tier1+ credit student credit:
    MSRP $20,077
    Gross capitalized cost $18767
    Adjusted Capitalized Cost $17865
    RV $9996
    Monthly $219

    (first time lease so don't know all the lingo!)
    What state and tax rate? How much is due at signing?

    Hi,
    Colorado
    Due at signing $1750 ($235 first monthly' payment, $903 capitalized reduction cost, $68 tax on cap reduc, $499 doc fee)
    Tax $16.41 added to monthly payment $219 (so tax rate 7.5%?)

    I get about $218/mo.+tax, with that adjusted CAP cost. Do you really need 18K/yr? The extra 3000 miles per year adds about $23/mo.+tax to the payment. If you skip the CAP cost reduction, you'll have $971 more in your pocket, but of course the payment goes up to $246/mo.+tax

    Thankyou!! This is incredibly helpful. My son will be doing a lot of driving for work. I think better to err on side of too many miles. But it sounds like otherwise you think it's a reasonable deal?

  • MichaellMichaell Moderator Posts: 258,923


    kyfdx said:


    Michaell said:

    Wanted your opinion on following lease offered on 2017 Toyota Corolla LE 36 months/18K tier1+ credit student credit:
    MSRP $20,077
    Gross capitalized cost $18767
    Adjusted Capitalized Cost $17865
    RV $9996
    Monthly $219

    (first time lease so don't know all the lingo!)
    What state and tax rate?
    How much is due at signing?


    Hi,
    Colorado
    Due at signing $1750 ($235 first monthly' payment, $903 capitalized reduction cost, $68 tax on cap reduc, $499 doc fee)
    Tax $16.41 added to monthly payment $219 (so tax rate 7.5%?)

    I get about $218/mo.+tax, with that adjusted CAP cost.
    Do you really need 18K/yr? The extra 3000 miles per year adds about $23/mo.+tax to the payment.
    If you skip the CAP cost reduction, you'll have $971 more in your pocket, but of course the payment goes up to $246/mo.+tax

    Thankyou!! This is incredibly helpful. My son will be doing a lot of driving for work. I think better to err on side of too many miles. But it sounds like otherwise you think it's a reasonable deal?




    If he will be driving a lot of miles, why not just buy outright? That way, he can drive as many miles as he wants without penalty.

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  • dealhunter305dealhunter305 Member Posts: 23
    Looking for MF, RV and incentives on XSE 36/10, 36/12 in south Florida. Thank you!
  • dimitri771dimitri771 Member Posts: 42
    edited August 2017
    Hello. Can I get the MF and residuals for a 2017 Corolla L and LE in FL? Also any rebates that apply. Thank you in advance. 36000miles, top credit score.
  • MichaellMichaell Moderator Posts: 258,923

    Looking for MF, RV and incentives on XSE 36/10, 36/12 in south Florida. Thank you!

    We do not have any reliable lease information for SouthEast Toyota, which includes Florida.

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  • MichaellMichaell Moderator Posts: 258,923

    Hello. Can I get the MF and residuals for a 2017 Corolla L and LE in FL? Also any rebates that apply. Thank you in advance. 36000miles, top credit score.

    We do not have any reliable lease information for SouthEast Toyota, which includes Florida.

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  • dimitri771dimitri771 Member Posts: 42
    Thank you. Since, there are no numbers for FL. Anyone can give a general idea of what the approximate monthly bottomline should be? 0 down, 36000 miles for 3 years. Top tier. L or LE corolla.
  • kyfdxkyfdx Moderator Posts: 260,768

    Thank you. Since, there are no numbers for FL. Anyone can give a general idea of what the approximate monthly bottomline should be? 0 down, 36000 miles for 3 years. Top tier. L or LE corolla.

    Read back through this discussion and see what others are paying. Hopefully, you can match that in FL

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  • byersalexbyersalex Member Posts: 17
    Hi there - Wondering if you can share leasing info MF and residual value for a 2017 Corolla LE, 12K miles/year for 36 months. Dealer is Maryland, car will be registered in Washington DC. I think credit should be tier 1. Thanks!
  • kyfdxkyfdx Moderator Posts: 260,768
    byersalex said:

    Hi there - Wondering if you can share leasing info MF and residual value for a 2017 Corolla LE, 12K miles/year for 36 months. Dealer is Maryland, car will be registered in Washington DC. I think credit should be tier 1. Thanks!

    .00001 MF and 56% residual
    $1000 lease cash

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  • byersalexbyersalex Member Posts: 17
    Thanks! Forgive me- I'm unfamiliar with how lease cash works. Is this just something that is being factored into my sale price, or some discount/cash back I should expect to receive once the total depreciation is calculated?
  • MichaellMichaell Moderator Posts: 258,923
    byersalex said:

    Thanks! Forgive me- I'm unfamiliar with how lease cash works. Is this just something that is being factored into my sale price, or some discount/cash back I should expect to receive once the total depreciation is calculated?

    If you've gotten an offer from the dealer, it likely includes the lease cash.

    Use the knowledge of it to negotiate your best price.

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  • ak062414ak062414 Member Posts: 10
    Hello, could you please provide the MF, RV, Cash lease for 10K&12K/36 on 2017 Corolla LE and SE in NJ? Thank you so much in advance!
  • MichaellMichaell Moderator Posts: 258,923
    ak062414 said:

    Hello, could you please provide the MF, RV, Cash lease for 10K&12K/36 on 2017 Corolla LE and SE in NJ? Thank you so much in advance!

    36/12 numbers:

    .00001 and 56% (LE) or 58% (SE)

    $1250 lease cash

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  • roughrider119roughrider119 Member Posts: 20
    2017 Corolla SE
    12k/36m
    15k/36m

    Newark, CA (94560)
    residual & MF
    lease cash

    Thank you.
  • MichaellMichaell Moderator Posts: 258,923

    2017 Corolla SE
    12k/36m
    15k/36m

    Newark, CA (94560)
    residual & MF
    lease cash

    Thank you.

    Assuming automatic, 58% / 56% and .00001

    $1750 lease cash

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  • [Deleted User][Deleted User] Posts: 0
    edited September 2017
    September MF and RV for Corolla SE in California
    36/15k
    24/15k

    Thank You

    and available Grad and Fleet incentives
  • MichaellMichaell Moderator Posts: 258,923
    johno_jan said:

    September MF and RV for Corolla SE in California
    36/15k
    24/15k

    Thank You

    and available Grad and Fleet incentives

    6-speed manual or automatic transmission?

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  • roughrider119roughrider119 Member Posts: 20
    Michaell said:

    2017 Corolla SE
    12k/36m
    15k/36m

    Newark, CA (94560)
    residual & MF
    lease cash

    Thank you.

    Assuming automatic, 58% / 56% and .00001

    $1750 lease cash


    Michaell,

    Are these number the same for September also? Thanks.
  • roughrider119roughrider119 Member Posts: 20
    edited September 2017
    For a 36month/12K deal for a 2017 Corolla SE Auto (MSRP: $21,643).

    Zip: 95835

    Dealer is giving me a Residual Value of $11,904 (55%).

    He stated that is the residual from Toyota.

    Is 55% residual correct?





  • MichaellMichaell Moderator Posts: 258,923

    For a 36month/12K deal for a 2017 Corolla SE Auto (MSRP: $21,643).

    Zip: 95835

    Dealer is giving me a Residual Value of $11,904 (55%).

    He stated that is the residual from Toyota.

    Is 55% residual correct?





    Dealer cannot modify the residual; 55% is correct for 36/12 on the SE AT.

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  • MichaellMichaell Moderator Posts: 258,923
    Michaell said:

    For a 36month/12K deal for a 2017 Corolla SE Auto (MSRP: $21,643).

    Zip: 95835

    Dealer is giving me a Residual Value of $11,904 (55%).

    He stated that is the residual from Toyota.

    Is 55% residual correct?


    Dealer cannot modify the residual; 55% is correct for 36/12 on the SE AT.
    And, .00001 MF is still in place, this month.

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  • roughrider119roughrider119 Member Posts: 20
    Wow, dropped from 58% to 55% from August to September.
  • MichaellMichaell Moderator Posts: 258,923

    Wow, dropped from 58% to 55% from August to September.

    If you say so .... it's the end of the model year, and the 2018's are starting to arrive...

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  • roughrider119roughrider119 Member Posts: 20
    Scored this deal from Roseville Toyota near Sacramento for my niece (recent college grad). Picked it up yesterday. It was the last stock 2017 Corolla SE with no other options added.

    I want to thank you Michaell for the help with the MF, residual and rebate data.


    *************************************************************************************

    2017 Toyota Corolla SE color falcon grey

    Msrp $21,643

    Selling Price $18,059.39

    Acquisition fee $650

    doc fee $80

    License &reg fees $230

    dmv filling fee $15

    state tire tax $8.75 (5 new tire)

    0 CASH DOWN


    Subvention rebate $1750

    college grad rebate $750

    MONEY FACTOR = .00001 (O.A.C)

    3 YR/ 36,000 Lease

    Residual Value $11,904 (55%)

    payment 36 X 149.10 (tax included)

    *************************************************************************************

  • mm7mm7 Member Posts: 71

    Wow, dropped from 58% to 55% from August to September.

    The Civics dropped 2% between months.
  • MichaellMichaell Moderator Posts: 258,923

    Scored this deal from Roseville Toyota near Sacramento for my niece (recent college grad). Picked it up yesterday. It was the last stock 2017 Corolla SE with no other options added.

    I want to thank you Michaell for the help with the MF, residual and rebate data.


    *************************************************************************************

    2017 Toyota Corolla SE color falcon grey

    Msrp $21,643

    Selling Price $18,059.39

    Acquisition fee $650

    doc fee $80

    License &reg fees $230

    dmv filling fee $15

    state tire tax $8.75 (5 new tire)

    0 CASH DOWN


    Subvention rebate $1750

    college grad rebate $750

    MONEY FACTOR = .00001 (O.A.C)

    3 YR/ 36,000 Lease

    Residual Value $11,904 (55%)

    payment 36 X 149.10 (tax included)

    *************************************************************************************

    Congrats! Nice deal on a solid car.

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  • MichaellMichaell Moderator Posts: 258,923
    mm7 said:

    Wow, dropped from 58% to 55% from August to September.

    The Civics dropped 2% between months.
    All 2017 residuals are dropping, as the end of the model year is imminent and 2018 inventory starts to arrive.

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  • omri2000omri2000 Member Posts: 2
    It is the first time for me to lease a car, willing to get Corolla 2017 for 2y/12k, no down payment.
    Here is what I got from the dealership:
    msrp : 21,621.00
    Delearship pricing : 18,620.00
    Fees : 363
    Cash due ( I guess it is the acquisition fee) : 724
    Rebate : 1750
    Residual value was not mentioned.

    payment 24 X 198 (tax included), CA tax

    So few questions:
    it a good deal in overall?
    Does the dealership price is negotiable?
    How can I calculate the residual? is it suppose to be in the offer? from what I read I saw the the it was dropped it the last few weeks.

    Thank you!
  • MichaellMichaell Moderator Posts: 258,923
    omri2000 said:

    It is the first time for me to lease a car, willing to get Corolla 2017 for 2y/12k, no down payment.
    Here is what I got from the dealership:
    msrp : 21,621.00
    Delearship pricing : 18,620.00
    Fees : 363
    Cash due ( I guess it is the acquisition fee) : 724
    Rebate : 1750
    Residual value was not mentioned.

    payment 24 X 198 (tax included), CA tax

    So few questions:
    it a good deal in overall?
    Does the dealership price is negotiable?
    How can I calculate the residual? is it suppose to be in the offer? from what I read I saw the the it was dropped it the last few weeks.

    Thank you!

    What trim level is this?

    Ask for a breakdown of the $724 due at signing - it's likely to be the acquisition fee, but it doesn't hurt to make sure.

    Yes, the selling price is negotiable; but, we don't track selling prices. Use the 'make / model / year' pull downs at the top of the page to link to the Edmunds price tools.

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  • jordan88jordan88 Member Posts: 33
    Hello what is the MF, RV, and Rebates for a 2017 Corolla SE in MA.

    12k/24 months
    15k/24months

    Thanks!
  • kyfdxkyfdx Moderator Posts: 260,768
    jordan88 said:

    Hello what is the MF, RV, and Rebates for a 2017 Corolla SE in MA.

    12k/24 months
    15k/24months

    Thanks!

    .00001 MF
    $1900 lease cash
    60%/59% residual.
    Subtract 1% if stickshift

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  • omri2000omri2000 Member Posts: 2
    Michaell said:

    omri2000 said:

    It is the first time for me to lease a car, willing to get Corolla 2017 for 2y/12k, no down payment.
    Here is what I got from the dealership:
    msrp : 21,621.00
    Delearship pricing : 18,620.00
    Fees : 363
    Cash due ( I guess it is the acquisition fee) : 724
    Rebate : 1750
    Residual value was not mentioned.

    payment 24 X 198 (tax included), CA tax

    So few questions:
    it a good deal in overall?
    Does the dealership price is negotiable?
    How can I calculate the residual? is it suppose to be in the offer? from what I read I saw the the it was dropped it the last few weeks.

    Thank you!

    What trim level is this?

    Ask for a breakdown of the $724 due at signing - it's likely to be the acquisition fee, but it doesn't hurt to make sure.

    Yes, the selling price is negotiable; but, we don't track selling prices. Use the 'make / model / year' pull downs at the top of the page to link to the Edmunds price tools.

    This is the model: 2017 TOYOTA COROLLA 1863 4dr Sdn SE MT
    Should I ask for the residual?
  • jhern19jhern19 Member Posts: 10
    Hello,
    What is the MF, RV any lease cash on the 2018 Toyota Corolla SE CVT. Southern California

    I am being offer a selling price of $1,350 below the invoice cost. What would the price be?

    Thanks in advance.
  • MichaellMichaell Moderator Posts: 258,923
    omri2000 said:

    Michaell said:

    omri2000 said:

    It is the first time for me to lease a car, willing to get Corolla 2017 for 2y/12k, no down payment.
    Here is what I got from the dealership:
    msrp : 21,621.00
    Delearship pricing : 18,620.00
    Fees : 363
    Cash due ( I guess it is the acquisition fee) : 724
    Rebate : 1750
    Residual value was not mentioned.

    payment 24 X 198 (tax included), CA tax

    So few questions:
    it a good deal in overall?
    Does the dealership price is negotiable?
    How can I calculate the residual? is it suppose to be in the offer? from what I read I saw the the it was dropped it the last few weeks.

    Thank you!

    What trim level is this?

    Ask for a breakdown of the $724 due at signing - it's likely to be the acquisition fee, but it doesn't hurt to make sure.

    Yes, the selling price is negotiable; but, we don't track selling prices. Use the 'make / model / year' pull downs at the top of the page to link to the Edmunds price tools.

    This is the model: 2017 TOYOTA COROLLA 1863 4dr Sdn SE MT
    Should I ask for the residual?
    60% residual for 24/12 and .00001 MF; $1750 lease cash.

    With the prices you've provided, I get a payment of $236/mo before tax.

    Your quote looks really good, especially with only $724 due at signing.

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  • MichaellMichaell Moderator Posts: 258,923
    jhern19 said:

    Hello,
    What is the MF, RV any lease cash on the 2018 Toyota Corolla SE CVT. Southern California

    I am being offer a selling price of $1,350 below the invoice cost. What would the price be?

    Thanks in advance.

    I've just created a 2018 Corolla thread, here:

    https://forums.edmunds.com/discussion/47049/toyota/corolla/2018-toyota-corolla-lease-deals-and-prices/p1?new=1

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  • kmk7860kmk7860 Member Posts: 92
    Hello - what is the RV value for 2017 SE in Dallas, TX?.

  • kyfdxkyfdx Moderator Posts: 260,768
    kmk7860 said:

    Hello - what is the RV value for 2017 SE in Dallas, TX?.

    53% residual for 36/15
    Subtract 1% if manual transmission

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  • gladyjzgladyjz Member Posts: 16
    Hi Michaell,

    Can I get the MF and RV on an 2017 Corolla LE sedan auto for 36 mos with 12k mi per year? in 22031 Fairfax VA area?

    thanks
  • kyfdxkyfdx Moderator Posts: 260,768
    gladyjz said:

    Hi Michaell,

    Can I get the MF and RV on an 2017 Corolla LE sedan auto for 36 mos with 12k mi per year? in 22031 Fairfax VA area?

    thanks

    .00001 MF and 53% residual.
    $1500 lease cash

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  • brianchoibrianchoi Member Posts: 6
    Hi I was wondering if I could get info on leasing a 2017 corolla le VA area

    Also, I am trying to lease with
    0 down/ 0drive off /36/12k/$199 monthly payment

    expect to get college grad rebate of $750

    Am i being unreasonable?
  • MichaellMichaell Moderator Posts: 258,923
    brianchoi said:

    Hi I was wondering if I could get info on leasing a 2017 corolla le VA area

    Also, I am trying to lease with
    0 down/ 0drive off /36/12k/$199 monthly payment

    expect to get college grad rebate of $750

    Am i being unreasonable?

    Hard to say - what is the MSRP and selling price?

    And, with the tax in VA on the entire selling price, that will make your payment more expensive.

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  • joe_267joe_267 Member Posts: 10
    edited October 2017
    Hi could I have the MF and RV on a '17 Corolla 12k 3yr. In CT 06512 East Haven. Thanks in advance for your assistance!! Also, close enough to NYC area if it helps.
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