My Take: The Prius has a $500 rebate available to customers, which makes this car slightly cheaper to lease than in the past. You probably won’t get this car at invoice + the $500 rebate, but you will certainly get it at $500 under MSRP. The residual value is fairly strong which will help keep the your payments lower than most cars despite the fact that the money factor is high. Just watch out for the options, this ride gets expensive quick.
On another note, I’ve updated the January 2009 DO NOT LEASE list with more cars. I figure I’d get those out there soon since we’re near the end of the month.
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|At Invoice||At MSRP|
|2009 Toyota Prius||$22,478||$24,095||$364||$322||$436||$371|
NOTE: Estimates assuming the following conditions:
- Inception fees (1st month payment, DMV, doc fee, bank fee, tire tax and possible security deposit) will be paid at signing.
- Local Taxes not included.
- 24-month/15k and 36-month/15k terms.
- All cars are stock, without any options.
2009 Toyota Prius January Lease Rates
2009 Toyota Prius 5dr
24-month | 15k miles | residual 68% | .00285 base money factor
36-month | 15k miles | residual 61% | .00285 base money factor
48-month | 15k miles | residual 52% | .00285 base money factor
Don’t like what you see? Visit Leasecompare.com and see what 3rd party banks offer!