2021 Toyota Corolla Lease Deals and Prices

Michaell · July 2020

Ask your 2021 Corolla lease questions here! Get information on money factors, residuals, incentives, deals and payments.

greenfinn · July 2020

Thanks Michael 🙏🏽
Looking for 2021 Corolla Hybrid RV MF in 44113
36/12

kyfdx · July 2020

greenfinn said:
Thanks Michael 🙏🏽
Looking for 2021 Corolla Hybrid RV MF in 44113
36/12

.00210 MF and 61% residual

rabadori · August 2020

Hello! Thank you so much for answering all of these questions!

I’m looking for MF/RV/incentives for a 2021 Corolla Hatchback XSE in manual transmission. Lease 36/12. ZIP is 11235.

Thank you!

Michaell · August 2020

rabadori said:
Hello! Thank you so much for answering all of these questions!

I’m looking for MF/RV/incentives for a 2021 Corolla Hatchback XSE in manual transmission. Lease 36/12. ZIP is 11235.

Thank you!

.00177 and 59%
No incentives

Andy604 · August 2020

Hello,

Can I please get numbers for a 2021 Corolla SE auto gas sedan 12/36 in SC 29464? Thank you!

Andy

kyfdx · August 2020

Andy604 said:
Hello,

Can I please get numbers for a 2021 Corolla SE auto gas sedan 12/36 in SC 29464? Thank you!

Andy

.00053 MF and 58% residual

buzaru · August 2020

Hi folks, can I get the numbers for a 2021 Corolla SE Nightshade edition for 36/10 lease? zip code 90066.. Thanks in advance!

Michaell · August 2020

buzaru said:
Hi folks, can I get the numbers for a 2021 Corolla SE Nightshade edition for 36/10 lease? zip code 90066.. Thanks in advance!

.00177 and 63%
No incentives

buzaru · August 2020

Michaell said:

buzaru said:
Hi folks, can I get the numbers for a 2021 Corolla SE Nightshade edition for 36/10 lease? zip code 90066.. Thanks in advance!
.00177 and 63%
No incentives

Thank you!

Felix2020 · August 2020

Hi all! Can I get the numbers for a 2021 Corolla Hybrid LE, 45343? Thanks! 36/12.

kyfdx · August 2020

Felix2020 said:
Hi all! Can I get the numbers for a 2021 Corolla Hybrid LE, 45343? Thanks! 36/12.

.00192 MF and 61% residual

byersalex · August 2020

Hi there –

May I please have the MF/RV/any incentives for a 2021 Corolla LE, automatic transmission. Lease 36/12 or any smaller mileages if offered. ZIP is 20003.

Thanks!

kyfdx · August 2020

byersalex said:
Hi there –

May I please have the MF/RV/any incentives for a 2021 Corolla LE, automatic transmission. Lease 36/12 or any smaller mileages if offered. ZIP is 20003.

Thanks!

36/10
.00177 MF and 61% residual

keysersoze1 · August 2020

Hello, may I please have the MF/RF/incentives for a 2021 Corolla LE Hybrid for 36/10. Zip is 22151.

Thanks!

kyfdx · August 2020

keysersoze1 said:
Hello, may I please have the MF/RF/incentives for a 2021 Corolla LE Hybrid for 36/10. Zip is 22151.

Thanks!

.00192 MF and 62% residual

byersalex · September 2020

Hi there – Since it's a new month, may I ask again for the numbers/incentives on a 2021 Corolla LE? 36/10, CVT, in 20003. Thanks!

Michaell · September 2020

byersalex said:
Hi there – Since it's a new month, may I ask again for the numbers/incentives on a 2021 Corolla LE? 36/10, CVT, in 20003. Thanks!

.00115 and 61%
No incentives

byersalex · September 2020

Thank you!

keysersoze1 · September 2020

Hello, can we please have rv, mf, and incentives for 2021 Corolla hybrid le in 22151. Thanks!

davecz · September 2020

Hi,

Looking for RV, MF, and incentives on a 2021 Corolla LE - auto

Zip: 10573
Terms: 36 months, 12 K

Michaell · September 2020

keysersoze1 said:
Hello, can we please have rv, mf, and incentives for 2021 Corolla hybrid le in 22151. Thanks!

36/15
.00138 and 59%
No incentives

Michaell · September 2020

davecz said:
Hi,

Looking for RV, MF, and incentives on a 2021 Corolla LE - auto

Zip: 10573
Terms: 36 months, 12 K

.00096 and 60%
No incentives

keysersoze1 · September 2020

Sorry, can we please have rv, mf, and incentives for 2021 Corolla hybrid le in 22151 for 36/10. Thanks!

kyfdx · September 2020

keysersoze1 said:
Sorry, can we please have rv, mf, and incentives for 2021 Corolla hybrid le in 22151 for 36/10. Thanks!

.00138 MF and 62% residual

keysersoze1 · September 2020

So we just walked out of a dealership in Virginia as things didn’t seem to add up. Here is what we were working on with the dealer:

2021 Corolla LE Hybrid
MSRP: $24,355
Sale Price: $18,574
All In Agreed Price: $21,345
Lease 36/10, Zip 22151
Residual: 62% ($15,100)
MF: .00255 (w/ $1250 cash rebate), .00138 (w/out $1,250 cash rebate)
No money down

We were told the MF above is for Tier 1+ credit, and it differed based on whether we took the rebate or not. The finance manager then showed us a paper from July with the MF numbers above, which made me skeptical considering numbers change monthly. After that they tacked on a $650 acquisition fee after we had agreed on the all-in price of $21,345.

All said and done, the costs to lease 36/10 with $0 down was $284/month when taking the cash rebate, and $280/month without the cash rebate.

Do these seem right? I thought they were high and we decided to leave. I also didn’t trust the July MF sheet they showed us as being current.

Thank you in advance for your input!

Michaell · September 2020

keysersoze1 said:
So we just walked out of a dealership in Virginia as things didn’t seem to add up. Here is what we were working on with the dealer:

2021 Corolla LE Hybrid
MSRP: $24,355
Sale Price: $18,574
All In Agreed Price: $21,345
Lease 36/10, Zip 22151
Residual: 62% ($15,100)
MF: .00255 (w/ $1250 cash rebate), .00138 (w/out $1,250 cash rebate)
No money down

We were told the MF above is for Tier 1+ credit, and it differed based on whether we took the rebate or not. The finance manager then showed us a paper from July with the MF numbers above, which made me skeptical considering numbers change monthly. After that they tacked on a $650 acquisition fee after we had agreed on the all-in price of $21,345.

All said and done, the costs to lease 36/10 with $0 down was $284/month when taking the cash rebate, and $280/month without the cash rebate.

Do these seem right? I thought they were high and we decided to leave. I also didn’t trust the July MF sheet they showed us as being current.

Thank you in advance for your input!

.00138 and 62% is the correct information, without the incentive.

Dealer is correct that to qualify for the incentive, the MF will have to increase.

And, the $650 acquisition fee is legit, as well.

That said, if I add the acq fee to the "all in" price, I get $243/mo, not $280/mo.

If you are still working with this dealer, ask them for a copy of their lease worksheet.

keysersoze1 · September 2020

Thank you! I’m still waiting for the dealers worksheet, but wanted to confirm you took a couple things into account with your calcs:

1) if using the .00138 MF, was the $1250 added to the cap cost?
2) in the state of Virginia, tax is levied up front on the cap cost (not on monthly payments)

Michaell · September 2020

keysersoze1 said:
Thank you! I’m still waiting for the dealers worksheet, but wanted to confirm you took a couple things into account with your calcs:

1) if using the .00138 MF, was the $1250 added to the cap cost?
2) in the state of Virginia, tax is levied up front on the cap cost (not on monthly payments)

1. Yes
2. Yes

markymark44 · September 2020

Hi, can you please provide RV, MF and any incentives for a 2021 Corolla LE automatic, 36/10 zip 08540? Thank you!

Michaell · September 2020

markymark44 said:
Hi, can you please provide RV, MF and any incentives for a 2021 Corolla LE automatic, 36/10 zip 08540? Thank you!

.00096 and 61%
No incentives

BryanV7 · September 2020

What's a good leasing and/or financing deal for a 2021 Toyota Corolla XSE? 07087 NJ I'm in the market for one. Thanks in advance!

Michaell · September 2020

BryanV7 said:
What's a good leasing and/or financing deal for a 2021 Toyota Corolla XSE? 07087 NJ I'm in the market for one. Thanks in advance!

Sedan or Hatch?

BryanV7 · September 2020

Sedan!

kyfdx · September 2020

BryanV7 said:
What's a good leasing and/or financing deal for a 2021 Toyota Corolla XSE? 07087 NJ I'm in the market for one. Thanks in advance!

BryanV7 said:
Sedan!

36/15
.00096 MF and 58% residual
No lease incentives

Finance
1.90% up to 60 months

Purchase
$1000 rebate (not valid with 1.90% APR)

BryanV7 · September 2020

kyfdx said:

BryanV7 said:
What's a good leasing and/or financing deal for a 2021 Toyota Corolla XSE? 07087 NJ I'm in the market for one. Thanks in advance!

BryanV7 said:
Sedan!
36/15
.00096 MF and 58% residual
No lease incentives

Finance
1.90% up to 60 months

Purchase
$1000 rebate (not valid with 1.90% APR)

Thank you so much! What should my monthly payment be if I lease or finance and should I put any money down? Btw I have excellent credit score.

Michaell · September 2020

BryanV7 said:

kyfdx said:

BryanV7 said:
What's a good leasing and/or financing deal for a 2021 Toyota Corolla XSE? 07087 NJ I'm in the market for one. Thanks in advance!

BryanV7 said:
Sedan!
36/15
.00096 MF and 58% residual
No lease incentives

Finance
1.90% up to 60 months

Purchase
$1000 rebate (not valid with 1.90% APR)
Thank you so much! What should my monthly payment be if I lease or finance and should I put any money down? Btw I have excellent credit score.

We would need to know the MSRP and negotiated price to model payments for you.

BryanV7 · September 2020

Michaell said:

BryanV7 said:

kyfdx said:

BryanV7 said:
What's a good leasing and/or financing deal for a 2021 Toyota Corolla XSE? 07087 NJ I'm in the market for one. Thanks in advance!

BryanV7 said:
Sedan!
36/15
.00096 MF and 58% residual
No lease incentives

Finance
1.90% up to 60 months

Purchase
$1000 rebate (not valid with 1.90% APR)
Thank you so much! What should my monthly payment be if I lease or finance and should I put any money down? Btw I have excellent credit score.
We would need to know the MSRP and negotiated price to model payments for you.

MSRP. $27,233
Dealer Discount. $1,277
Price. $25,956
National Rebate - $1,000
Internet Price. $24,956

boobernackle · September 2020

Hello there!

Requesting MF and residual for a 2021 Toyota Corolla SE sedan, 12K/year for 36 months with zip code 19801.

Thanks in advance!

Michaell · September 2020

BryanV7 said:

Michaell said:

BryanV7 said:

kyfdx said:

BryanV7 said:
What's a good leasing and/or financing deal for a 2021 Toyota Corolla XSE? 07087 NJ I'm in the market for one. Thanks in advance!

BryanV7 said:
Sedan!
36/15
.00096 MF and 58% residual
No lease incentives

Finance
1.90% up to 60 months

Purchase
$1000 rebate (not valid with 1.90% APR)
Thank you so much! What should my monthly payment be if I lease or finance and should I put any money down? Btw I have excellent credit score.
We would need to know the MSRP and negotiated price to model payments for you.
MSRP. $27,233
Dealer Discount. $1,277
Price. $25,956
National Rebate - $1,000
Internet Price. $24,956

Are you looking to buy or lease?

BryanV7 · September 2020

Michaell said:

BryanV7 said:

Michaell said:

BryanV7 said:

kyfdx said:

BryanV7 said:
What's a good leasing and/or financing deal for a 2021 Toyota Corolla XSE? 07087 NJ I'm in the market for one. Thanks in advance!

BryanV7 said:
Sedan!
36/15
.00096 MF and 58% residual
No lease incentives

Finance
1.90% up to 60 months

Purchase
$1000 rebate (not valid with 1.90% APR)
Thank you so much! What should my monthly payment be if I lease or finance and should I put any money down? Btw I have excellent credit score.
We would need to know the MSRP and negotiated price to model payments for you.
MSRP. $27,233
Dealer Discount. $1,277
Price. $25,956
National Rebate - $1,000
Internet Price. $24,956
Are you looking to buy or lease?

I'm looking to lease but I wouldn't mind buying. Which ever is the better deal I'll take.

Michaell · September 2020

BryanV7 said:

Michaell said:

BryanV7 said:

Michaell said:

BryanV7 said:

kyfdx said:

BryanV7 said:
What's a good leasing and/or financing deal for a 2021 Toyota Corolla XSE? 07087 NJ I'm in the market for one. Thanks in advance!

BryanV7 said:
Sedan!
36/15
.00096 MF and 58% residual
No lease incentives

Finance
1.90% up to 60 months

Purchase
$1000 rebate (not valid with 1.90% APR)
Thank you so much! What should my monthly payment be if I lease or finance and should I put any money down? Btw I have excellent credit score.
We would need to know the MSRP and negotiated price to model payments for you.
MSRP. $27,233
Dealer Discount. $1,277
Price. $25,956
National Rebate - $1,000
Internet Price. $24,956
Are you looking to buy or lease?
I'm looking to lease but I wouldn't mind buying. Which ever is the better deal I'll take.

If you're leasing, then you won't get the $1000 incentive.

If you're looking for the lowest payment, then lease. But, you have to give the car back after three years.

BryanV7 · September 2020

Michaell said:

BryanV7 said:

Michaell said:

BryanV7 said:

Michaell said:

BryanV7 said:

kyfdx said:

BryanV7 said:
What's a good leasing and/or financing deal for a 2021 Toyota Corolla XSE? 07087 NJ I'm in the market for one. Thanks in advance!

BryanV7 said:
Sedan!
36/15
.00096 MF and 58% residual
No lease incentives

Finance
1.90% up to 60 months

Purchase
$1000 rebate (not valid with 1.90% APR)
Thank you so much! What should my monthly payment be if I lease or finance and should I put any money down? Btw I have excellent credit score.
We would need to know the MSRP and negotiated price to model payments for you.
MSRP. $27,233
Dealer Discount. $1,277
Price. $25,956
National Rebate - $1,000
Internet Price. $24,956
Are you looking to buy or lease?
I'm looking to lease but I wouldn't mind buying. Which ever is the better deal I'll take.
If you're leasing, then you won't get the $1000 incentive.

If you're looking for the lowest payment, then lease. But, you have to give the car back after three years.

I want to lease it for 36 Months 12K/YR Zero down and I have excellent credit score what should my monthly payment be? Let's say I want to put $1K down or $2K what should my monthly payment be? Thanks a lot I'm learning a ton!

kyfdx · September 2020

BryanV7 said:

Michaell said:

BryanV7 said:

Michaell said:

BryanV7 said:

Michaell said:

BryanV7 said:

kyfdx said:

BryanV7 said:
What's a good leasing and/or financing deal for a 2021 Toyota Corolla XSE? 07087 NJ I'm in the market for one. Thanks in advance!

BryanV7 said:
Sedan!
36/15
.00096 MF and 58% residual
No lease incentives

Finance
1.90% up to 60 months

Purchase
$1000 rebate (not valid with 1.90% APR)
Thank you so much! What should my monthly payment be if I lease or finance and should I put any money down? Btw I have excellent credit score.
We would need to know the MSRP and negotiated price to model payments for you.
MSRP. $27,233
Dealer Discount. $1,277
Price. $25,956
National Rebate - $1,000
Internet Price. $24,956
Are you looking to buy or lease?
I'm looking to lease but I wouldn't mind buying. Which ever is the better deal I'll take.
If you're leasing, then you won't get the $1000 incentive.

If you're looking for the lowest payment, then lease. But, you have to give the car back after three years.
I want to lease it for 36 Months 12K/YR Zero down and I have excellent credit score what should my monthly payment be? Let's say I want to put $1K down or $2K what should my monthly payment be? Thanks a lot I'm learning a ton!

$308/mo, assuming all taxes and fees are paid upfront, along with first payment

$650 acq.fee
$308 1st payment
$750 sales tax (est)
$300 dealer fee (est)
$300 DMV (est)
= $2308 due at signing

markymark44 · September 2020

Michaell said:

markymark44 said:
Hi, can you please provide RV, MF and any incentives for a 2021 Corolla LE automatic, 36/10 zip 08540? Thank you!
.00096 and 61%
No incentives

What about for SE?

Michaell · September 2020

markymark44 said:

Michaell said:

markymark44 said:
Hi, can you please provide RV, MF and any incentives for a 2021 Corolla LE automatic, 36/10 zip 08540? Thank you!
.00096 and 61%
No incentives
What about for SE?

64% residual

96eclipse · September 2020

Could I get mf and residual
36/10, 36/12
Le corolla
07095
Thanks

Michaell · September 2020

96eclipse said:
Could I get mf and residual
36/10, 36/12
Le corolla
07095
Thanks

36/12
.00096 and 60%
No incentives

96eclipse · September 2020

Michaell said:

96eclipse said:
Could I get mf and residual
36/10, 36/12
Le corolla
07095
Thanks
36/12
.00096 and 60%
No incentives

How about 36/10?

kyfdx · September 2020

96eclipse said:

Michaell said:

96eclipse said:
Could I get mf and residual
36/10, 36/12
Le corolla
07095
Thanks
36/12
.00096 and 60%
No incentives
How about 36/10?

+1%

blueoxygen · September 2020

Please help me with MF, residual, and incentives on.
In the zip 07728

Term: 36/12k

2020 Toyota corolla LE , SE and Hybrid (LE)
and
2021 Toyota corolla LE , SE and Hybrid (LE)

Best regards and stay safe and healthy !

2021 Toyota Corolla Lease Deals and Prices

Comments

Helpful Tools

Most popular vehicles