1. Attachments are working again! Check out this thread for more details and to report any other bugs.

$10,000 factory cash! Good Thur March 4th 2013.

Discussion in 'RAV4 EV' started by DianneWhitmire, Feb 26, 2013.

  1. DianneWhitmire

    DianneWhitmire High PRIUStess

    Joined:
    Oct 23, 2007
    4,062
    1,123
    64
    Location:
    Laguna Niguel, CA
    Vehicle:
    2017 Prius Prime
    Model:
    Prime Premium
    bumping, hoping no one will post ON the thread and make it longer... just email me to ask questions!
     

    Attached Files:

    Linda likes this.
  2. bedrock8x

    bedrock8x Senior Member

    Joined:
    Jul 8, 2008
    1,483
    137
    0
    Location:
    California
    Vehicle:
    Other Hybrid
    $48,444 before or after $10,000 cash?
     
  3. DianneWhitmire

    DianneWhitmire High PRIUStess

    Joined:
    Oct 23, 2007
    4,062
    1,123
    64
    Location:
    Laguna Niguel, CA
    Vehicle:
    2017 Prius Prime
    Model:
    Prime Premium
  4. ggood

    ggood Senior Member

    Joined:
    Jan 17, 2004
    2,436
    517
    0
    Location:
    Houston, TX
    Vehicle:
    2012 Prius Plug-in
    Model:
    Plug-in Advanced
    Lease Deals?
     
  5. DianneWhitmire

    DianneWhitmire High PRIUStess

    Joined:
    Oct 23, 2007
    4,062
    1,123
    64
    Location:
    Laguna Niguel, CA
    Vehicle:
    2017 Prius Prime
    Model:
    Prime Premium
    It's in the post.
     
  6. DianneWhitmire

    DianneWhitmire High PRIUStess

    Joined:
    Oct 23, 2007
    4,062
    1,123
    64
    Location:
    Laguna Niguel, CA
    Vehicle:
    2017 Prius Prime
    Model:
    Prime Premium
    ....................
     
  7. John H

    John H Senior Member

    Joined:
    Jun 4, 2012
    2,208
    557
    0
    Vehicle:
    2007 Prius
    Model:
    N/A
    Can you do any better on the lease? It seems very high for $30,944. (non CA)
     
  8. DianneWhitmire

    DianneWhitmire High PRIUStess

    Joined:
    Oct 23, 2007
    4,062
    1,123
    64
    Location:
    Laguna Niguel, CA
    Vehicle:
    2017 Prius Prime
    Model:
    Prime Premium
    The car is $48,444.
    The 10K comes off the car from TFS.
    The rest you have to apply for. You don't get tax credits in advance.

    Residual is $22,908 at 10K annual. That's a perfectly reasonable lease payment for a CA buyer. Out of state buyers pay $465 a month because there's no tax on the cap red. and no title fees. You'd have to work that out with your own state.
     
  9. John H

    John H Senior Member

    Joined:
    Jun 4, 2012
    2,208
    557
    0
    Vehicle:
    2007 Prius
    Model:
    N/A
    I can not claim the tax credit on a lease, TFS can. 10,000 + 7500 should be taken off the capital cost. At least that is how ALLY leasing does it.

    Can I still get the $10,000 factory cash if I lease through ALLY?

    Also, ALLY only collects state sales tax on the depreciation value (i.e. 30,944 - 22,908 = 8,036) (texas 6.25% x $8,036) $502.25 or $14/month.
     
  10. DianneWhitmire

    DianneWhitmire High PRIUStess

    Joined:
    Oct 23, 2007
    4,062
    1,123
    64
    Location:
    Laguna Niguel, CA
    Vehicle:
    2017 Prius Prime
    Model:
    Prime Premium
    Nevertheless, it's not how Toyota does this.
    The 10K on contract is for a lease or purchase, so buy it if you want the extra $7500. tax credit.
     
  11. DianneWhitmire

    DianneWhitmire High PRIUStess

    Joined:
    Oct 23, 2007
    4,062
    1,123
    64
    Location:
    Laguna Niguel, CA
    Vehicle:
    2017 Prius Prime
    Model:
    Prime Premium
    ....................
     
    Linda likes this.
  12. cwerdna

    cwerdna Senior Member

    Joined:
    Sep 4, 2005
    12,544
    2,123
    1
    Location:
    SF Bay Area, CA
    Vehicle:
    2006 Prius
  13. DianneWhitmire

    DianneWhitmire High PRIUStess

    Joined:
    Oct 23, 2007
    4,062
    1,123
    64
    Location:
    Laguna Niguel, CA
    Vehicle:
    2017 Prius Prime
    Model:
    Prime Premium
    Quit doubting it. Just buy them all. Clean my stock out. I can get more. ;)
     
  14. cwerdna

    cwerdna Senior Member

    Joined:
    Sep 4, 2005
    12,544
    2,123
    1
    Location:
    SF Bay Area, CA
    Vehicle:
    2006 Prius
    ^^^
    Not doubting it at all. That's a crazy amount of incentive. Getting more and more tempting.

    If it only had a
    CHAdeMO Association
    port on it (almost impossible it'd happen on a '12, and doubtful any future ones of this generation would get it).
     
    sdtundra likes this.
  15. JMD

    JMD 2012 Prius 4 Solar Roof

    Joined:
    Oct 11, 2012
    3,779
    1,282
    0
    Vehicle:
    2012 Prius
    Model:
    Four
    No tax credits in advance. Hum
     
  16. cwerdna

    cwerdna Senior Member

    Joined:
    Sep 4, 2005
    12,544
    2,123
    1
    Location:
    SF Bay Area, CA
    Vehicle:
    2006 Prius
    Yeah, I and those on MyNissanLeaf really wish the Federal tax credit ($7500 on the Rav4 EV and most/all other BEVs) would change to instant or much faster rebate than the current system.

    Right now, people have wait until filing their taxes for that tax year and if they don't have enough tax liability for a given year and can't create income (e.g. rolling over a traditional IRA to Roth IRA) to make it high enough, they can't get the full credit.
     
  17. John H

    John H Senior Member

    Joined:
    Jun 4, 2012
    2,208
    557
    0
    Vehicle:
    2007 Prius
    Model:
    N/A
    You can adjust your withholding amount NOW rather than waiting to file next year and get the refund.
     
    lensovet likes this.
  18. lensovet

    lensovet former BP Brigade 207

    Joined:
    May 23, 2009
    2,614
    495
    0
    Location:
    Burlington, NJ
    Vehicle:
    2018 Tesla Model 3
    Model:
    N/A
    Doesn't solve the problem that you need to have income of at least $75k as a couple to claim it fully.
     
  19. John H

    John H Senior Member

    Joined:
    Jun 4, 2012
    2,208
    557
    0
    Vehicle:
    2007 Prius
    Model:
    N/A
    That is why a properly structured lease would be appealing, a lease that passed through the $7,500 federal tax credit that the leasing company can claim (TFS in this case).

    If TFS would pass through the tax credit the lease should be about $350/month.
     
  20. JMD

    JMD 2012 Prius 4 Solar Roof

    Joined:
    Oct 11, 2012
    3,779
    1,282
    0
    Vehicle:
    2012 Prius
    Model:
    Four
    Seems complicated.