Lease residuals to decrease soon

Discussion in 'Dealers & Pricing' started by DianneWhitmire, May 28, 2010.

  1. DianneWhitmire

    DianneWhitmire High PRIUStess

    Joined:
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    Vehicle:
    2017 Prius Prime
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    After the current incentive programs end June 1, all Toyota product residuals (probably Scion too) will drop 1% - 2%. :eek:

    Rumor has it -- and this is from an excellent source, that Prius will drop 2% for certain, and most other product drops 1%.
    It may not seem like much but 2% on a $30,000 Prius is $600 bucks and divided by 36 months is 20 bucks a month with tax... so anyone still on their fence, your warning is here!

    Even if the rates stay the same, the residuals dropping makes payments go up!

    I am working all thru the holiday weekend, meaning all day today (Friday) and Saturday, Sunday and Monday! Call me or email me if you need a deal!
     
  2. DianneWhitmire

    DianneWhitmire High PRIUStess

    Joined:
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    Location:
    Laguna Niguel, CA
    Vehicle:
    2017 Prius Prime
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    They did!

    Residuals took the expected 2% drop as of June 2.
    Life moves on!