July Lease deals...can better had???

There are 4 versions of the 2010 Prius, plus a few option packages, so not knowing which of the many permutations you're talking about makes getting an intelligent response difficult at best.

For a lease, there are a few variables that result in your lease payment:
MSRP
sale price
residual
money factor
cap reduction (down payment)
lease term
miles per year

It's a big mistake to talk to a dealer about lease payment and down payment. Start with sale price. Then move to money factor, residual, etc., and use a lease calculator (I've posted one here many times so do a search if you're interested) to calculate the payment.

Leasing can be made into a shell game by the dealer, so understanding the moving parts can help level the playing field.

 

Aren't residual and money factor set rates by the manufacturer? The wiggle room is in the sale price or can dealerships mess with the residual and MF? There is also holdback that the dealers get - supposedly a lot right now.

I am picking up my Prius IV with Solar Roof Pkg tomorrow. It also has Rear Applique(?). Wheel Locks and Carpeted Mats. Doing a Sign and Drive (only 1st month payment plus DMV) - 36 mo/12K - $336/mo.

Many other dealers were $40-50 more and didn't know how they could do this deal. They were bashing other dealerships trying to worry me about fees, etc. There are no bogus fees at this dealership - get prices on internet and then you when you feel comfortable with a dealer go down to it and you can definitely get them down another $20/$30 mo.

 

Just trying to be helpful, but if you expect relevant answers, you need to be more specific about the variables of the lease--and not expect folks to be familiar with the particular offer you're referring to.

I've attached my lease calculator below.

 

Comments in bold below

 

I'd have to say NO

I'd have to say NO.
Leasing is all about math.

Even if the lease rate was 0, you can't have a II or a III with tax included for $200 unless you have these scenarios:

1. are in a state with 0 sales tax (like Oregon?) and the 0% rate on a lease. Far as I know, that's not happening.

2. You find a dealer who's OK with losing nearly $1,000 to $1500 on a II or a III. Again, unlikely!

Dianne

 

I went with the $2,000 down $199 per month for 3 years - Hard to beat since they throw in 2 years of free maintenance on top of covering the 3 years of repairs.

 

i went to dealer, and was quoted $1999 down, and $199 a month. for 2010 II.

i declined the offer.

 

there's some dealers offering zero down $199/mo on the II...just tt&l.

pretty sure this is basically Dianne's deal as well...as she has 199/mo + $1250 in drive offs

this is from toyotaofmilford.com