July 2008 Lease Rate for 09 Toyota Camry

July 23rd, 2008 by G

2009 Toyota Camry 4dr Sedan LE
24 Month – Residual 67% of MSRP – .00136 Base Rate
36 Month – Residual 60% of MSRP – .00136 Base Rate

* Residuals posted are for 15K miles/year. Add 2% to Residual for 12k mi/yr and 3% for 10k mi/yr on all terms
** Rates provided by Tarry Shebesta from Leasecompare.com

My Take: The sweet-spot for this lease is the 36-month lease. Monthly payments should range from $251+tax at invoice to $354+tax if leased at MSRP, plus inception (1st month + fees). As you can see, there is a good $100 range between invoice pricing and MSRP pricing. So the more you can knock-off, the better.

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Posted in *Monthy Lease Rates, Toyota

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