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Toyota Deals New Toyota Incentives & Special Offers
Here are conditions of the lease
Get a 2016 RAV4 Hybrid for $209 for 36 months
- $209 for 36 months.
- $3,199 cash due at signing
- Includes Two Years No Cost Maintenance Plan With Roadside Assistance. Click to See All the Benefits of ToyotaCare
Lease a new 2016 RAV4 Hybrid for $209 a month for 36 Months with $3,199 due at signing, which includes $2990 down, $209 first month's payment and $0 security deposit. Example based on model 2016 Models 4444.
Total MSRP including freight is $29888. Monthly payments of $209 x 36 Months equals $7524.
Capitalized cost of $26019 based on down payment and dealer participation which may vary by dealer.
Lease-end purchase option is $19128.
$350 disposition fee due at lease end unless customer purchases vehicle or decides to re-finance through Toyota Financial Services.
Lease does not include taxes, license, title fees, acquisition fee of $650, insurance, regionally required equipment and other dealersí charges are extra and not included in the amounts shown. Closed-end lease.
Payment may vary depending upon final transaction price. Customer responsible for maintenance, excess wear and tear and $.15 per mile over 12000 miles per year. To qualified Tier 1+ customers through Toyota Financial Services. Must take retail delivery by 07-05-2016. Does not include College Grad or Military Rebate.
*Covers normal factory scheduled service. Plan is 2 years or 25K miles, whichever comes first.
The new Toyota vehicle cannot be part of a rental or commercial fleet, or a livery or taxi vehicle. See plan for complete coverage details. See participating Toyota dealer for details.
Valid only in the continental United States and Alaska. http://www.toyota.com/toyota-care/
You can see that actual down payment is $3199+$650 + taxes, license, title fees, not $3199. Also $350 disposition fee need to be calculated in. So you total cost before taxes is 30201, which is 3,700 difference with buying the car for 27,500 at zero percent for 60 month. Or more then $1K a year.
Even for Toyota lease the cost structure is much worth then it looks at the first site. Additional costs mean that this lease is not $209 a month but is equivalent to 36 monthly payment of $368. While if you are buying the car with 60 month zero percent financing, the cost of the car is $27800 and you keep the cat 9 years with $4000 maintenance cost after 6 years, you pay on average only $314 per month. The difference is around $55 a month or approximately the cost of gas.
|Cap cost reduction||2990||2990|
|Dealership doc fees||$300||$300|
|Registration and title fees||$325||$325|
|Roadside assistance from AAA for one year (first two years are free)||$75||$75|
|Maintenance costs (third year oil change and tire rotation)||$200||$200|
|Total cost of the lease||13255||11625|
|Total cost of the car if you are buying it at the end of the lease||32033||30403|
|Total cost of three consecutive leases||39765||34876|
|Realistic price at which you buy a car for cash (edmunds)||27,800||27,500|
|Dealership doc fees||$300||$300|
|Registration and title fees||$325||$325|
|Delivery cost ($900) included in MSRP||$0||$0|
|Additional maintenance costs||$4,000||$4,000|
|Cost of roadside assistance after first two years (AAA $60 a year)||$420||$420|
|Residual cost of 9 year car (Blue Book value)||$2,000|
|Total expenses on the car if you are buying for cash||$33,069||$34,745|
|Losses for 9 years (cash ownership vs. lease)||6,696||131|
|Per year losses (cash ownership vs. lease)||744||15|
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