Toyota Lease Deal $179.00 for 36 months with $2000 down ok?

Question

* $179.00 per month for 36 months

* $1999.00 due at signing

* Excludes tax, title, registration and acquisition fee. Security deposit waived by TFS

Is this a good deal?

Answer 1

These manufacturer sponsored deals are the lease equivalent of low interest loans and price discounts or rebates, except for a lease deal, all these factors have been combined and they focus on the monthly payment -- and are generally good deals -- if you like the specific make/model car that has the deal. Manufacturers makes these limited-time deals to try to pick up sales for that make/model.

Answer 2

Why would anyone ever lease a car...... You could buy a 2005 with 0 down for like 230 a month. Leasing is a horrible idea unless you are in the military or another branch. Also if you have a job that has you moving from state to state or country to country on a yearly basis.

Answer 3

I think this is the Independence week sale. Looks like a good deal.

Answer 4

Which model Toyota? How much is the CAR?  What is the residual value of the car at the end of the lease?  How many miles do they allow per year?  What are the lease termination fees? Acquisition fees?  What the heck is that?

There are so many hidden costs in leases, the monthly payment is just the tip of the iceberg.

For just a few more dollars a month you can probably own the same car.