Hi everyone!
I am totally new to leasing (and new to the country in general!) and I’m wondering if this is a good deal? It’s a 4th of July special. $2600 off MRSP. Credit score is 700 (building it up from scratch).
I’m really considering this deal as it seems to be the best one among comparable hybrids. We also looked at the Volt but are finding charging will be more hassle than it’s worth since it’s not possible at work.
Thanks for any advice! We’re in the Bay Area.
Cheers!
Welcome to america; land of amazing snacks, guns, and debt.
Please provide:
- MSRP of the car you want: (Window Sticker Price)
- Selling price of the car (your negotiated price of the car)
- Gross cap cost of the car (this is the selling price + all bullshit fees taxes etc)
- Cap cost reductions with $0 down (Also known as Incentives)
- Money Factor (MF)
- Residual (in %)
- Term of your lease (months)
- Mileage allotment.
You can get the base money factor and residual from edmunds (basically the lowest money factor allowed by Toyota Financial Services). Please make an account there and ask.