My Take: If you are shopping around for a family sedan, the Toyota Camry looks like a solid lease this month. There is a about $1500 worth in cash rebates available, so be sure to factor that into your negotiations. That should drop the Camry well below invoice since TMV suggests only a few hundred over invoice as the sale price.
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| At Invoice | At MSRP | |||||
| Make/Model | Invoice | MSRP | 24-month | 36-month | 24-month | 36-month |
| 09 Toyota Camry SE | $21,253 | $23,535 | $309 | $264 | $407 | $330 |
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 Camry January Lease Rates
2009 Toyota Camry LE
24-month | 15k miles | residual 63% | .00117 base money factor
36-month | 15k miles | residual 56% | .00117 base money factor
48-month | 15k miles | residual 47% | .00285 base money factor
60-month | 15k miles | residual 38% | .00285 base money factor
2009 Toyota Camry SE
24-month | 15k miles | residual 63% | .00117 base money factor
36-month | 15k miles | residual 56% | .00117 base money factor
48-month | 15k miles | residual 47% | .00285 base money factor
60-month | 15k miles | residual 38% | .00285 base money factor
Don’t like what you see? Visit Leasecompare.com and see what 3rd party banks offer!
How about the 2010 Camry Hybrid rates?
@SJ. sorry. nothing on the camry hybrid.
In NYC metro area
2010 Camry 4dr XLE V-6 w/Nav.
36 mo./15k
residual: $18,052 [fixed]
tier 1 credit $ factor: .00048
doc fee: $45
Toyota Fin. orig fee: $650
Just cut a deal today, over phone & email, for a new 2010 Camry 4dr XLE V-6 w/Nav from a NJ dealer, using Overstock.com’s TrueCar template, with a Tier 1+ credit rating [has to be above 730].
I’m off to the dealer, in person, tomorrow, to sign. I’ll report the details back here, i.e., first making sure there were no sudden overnight, “oops, we forgot to add this fee” stuff, wherein I would then simply walk. If all goes well, I’ll report the exact financial breakdown here. [But I will NOT identify the Toyota dealer unless G wishes same.]
@SJ. Keep me posted on the Camry experience with Overstock’s TrueCar site. If you can, please email me the Toyota dealer’s information. I’d like to contact them to see if they can me my source for all things Toyota.