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Is this a good price?

Discussion in 'Dealers & Pricing' started by aae55, May 28, 2010.

  1. aae55

    aae55 New Member

    Joined:
    May 28, 2010
    3
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    Location:
    SoCal
    Vehicle:
    2010 Prius
    Model:
    IV
    Sorry to be that newb with a price check, but I have to:

    New Prius IV Lease:

    --$1200 drive-off
    --$330/mth (out the door, inclusive of taxes, etc.)
    --15,000 miles/year

    Color is blizzard pearl, tan interior, comes with standard Prius IV equipment, but nothing extra.

    Please help ASAP...need to pick the car up tomorrow if its a good deal!

    Thanks in advance and hopefully I can become a valued contributing member soon :rockon:
     
    #1 aae55, May 28, 2010
  2. stream

    stream Senior Member

    Joined:
    May 12, 2008
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    Location:
    Long Island, NY
    Vehicle:
    2010 Prius
    Model:
    V
    Not enough info to get a meaningful response.

    Important variables for leasing are:
    --purchase price & MSRP
    --lease term (months)
    --miles/year
    --money factor
    --residual
    --sales tax rate
    --first year registration
    --drive off

    Which results in a lease rate.
     
    #2 stream, May 28, 2010
  3. Dark_Prius

    Dark_Prius Member

    Joined:
    Aug 9, 2009
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    Location:
    LA
    Vehicle:
    2010 Prius
    Model:
    III
    sounds high
     
    #3 Dark_Prius, May 28, 2010
  4. aae55

    aae55 New Member

    Joined:
    May 28, 2010
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    Location:
    SoCal
    Vehicle:
    2010 Prius
    Model:
    IV
    Thanks for the reponse. I'm not really sure about some of those things, but I'm in SoCal so tax is approx. 9.25% and reg is probably $400 and also I'm not going to keep the car at the end of the lease (36mths) so I'm not worried about residual.

    Some of the rest (miles/driveoff) is in my OP.

    Thanks for everyones help!
     
    #4 aae55, May 28, 2010
  5. njmurvin

    njmurvin Member

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    Mar 22, 2010
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    Location:
    Simi Valley, CA
    Vehicle:
    2013 Prius
    Model:
    Three
    Sounds pretty close. I calculated that the Solar/Sunroof/Nav option that I have costs me about $42/mo. I have a 15k/yr lease on a Blizzard Pearl IV with the above option. My drive off was a bit lower (registration +1st mo) for about $850. My payment is $370 including tax. So, if anything, compared to my deal, you're paying about $350 more on the drive-off. I bought mine from Longo. What dealer are you working with?
     
    #5 njmurvin, May 28, 2010
  6. Tall Rob

    Tall Rob Junior Member

    Joined:
    Apr 26, 2010
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    Location:
    Los Angeles, CA
    Vehicle:
    2010 Prius
    Model:
    II
    I would suggest checking in with Dianne Whitmire at Manhattan Beach Toyota for a quote. She is awesome and will give you all the info you need (ie: lease rate, residual). She posts on here regularly -- check out the dealer's section. I leased my Prius my few weeks ago from her and it was a great experience!

    Prior to Dianne, I also spoke a few times with Dean Taylor at Longo Toyota. He was a nice guy, and pretty straight forward with my questions. However, I ended up going with Dianne because her price was the best and she had the color combo I was looking for.

    Robert
     
    #6 Tall Rob, May 29, 2010
  7. Econ

    Econ Member

    Joined:
    Sep 4, 2009
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    Location:
    East of the Berkshires - MA
    Vehicle:
    2010 Prius
    Model:
    Five
    It sounds HIGH.
    Looks like you should get at least 10% off sticker. and then go with the rest.
     
    #7 Econ, May 29, 2010
  8. Econ

    Econ Member

    Joined:
    Sep 4, 2009
    329
    26
    14
    Location:
    East of the Berkshires - MA
    Vehicle:
    2010 Prius
    Model:
    Five
    Enjoy your Prius, The deal is done. :)
     
    #8 Econ, May 29, 2010
  9. aae55

    aae55 New Member

    Joined:
    May 28, 2010
    3
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    0
    Location:
    SoCal
    Vehicle:
    2010 Prius
    Model:
    IV
    Thanks, Tall Rob! I'll try Diana.
     
    #9 aae55, May 29, 2010
  10. DianneWhitmire

    DianneWhitmire High PRIUStess

    Joined:
    Oct 23, 2007
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    Location:
    Laguna Niguel, CA
    Vehicle:
    2017 Prius Prime
    Model:
    Prime Premium
    That 10% off sticker "you should" equation is not gonna work on Prius in most all cases. There isn't enough markup in Prius with all of the things packaged and wound up together.

     
    #10 DianneWhitmire, May 31, 2010
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