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-   -   2013 Hot Lava FRS $23,860 or Lease for $406.80 Per 37 month Lease (https://www.ft86club.com/forums/showthread.php?t=60442)

Employee 03-11-2014 02:18 PM

2013 Hot Lava FRS $23,860 or Lease for $406.80 Per 37 month Lease
 
2013 Scion FRS 6 speed manual transmission.

Well cared for non smoker, garage kept, mature driven.

Less than 7,000km's
Winter stored
No modifications
Accident free, dent free, smoke free!! Very well cared for car

$406.80 per month tax included!! For the remaining 37 months on the lease. $0 down absolutely nothing down find one cheaper with the extras I have included Good Luck!

The lease end buyout is $13,407.50

***NOTE: The cheapest FRS you could get into on a 36 month lease with $0 down would be $420.92*** Do the math it's on the scion web site. Also take into consideration that does not include the spoiler, tints or the upgraded stereo I have into mine

Or buy it out for the remaining balance of $23,860 plus tax. That is the remaining balance as of March 11/2014

Factory warranty 60,000km or 3yrs based on purchase of vehicle (May 1/2013) which will end May 1/2016

Extras included
Factory spoiler installed, upgraded pioneer touch screen infotainment unit and window tints which are all under the same as the factory 3yr 60,000km warranty. Purchased from Hefner Toyota in Kitchener

Car currently has 7,000km's on it



BTW
Hefner Toyota currently has the same USED FRS in their showroom with 19,907km's on it. The car they have does not include the SPOILER, UPGRADED STEREO or WINDOW TINTS and to top it off the cost is $24,895 $1000.00 more than mine with more than double the mileage and none of the extras
Here is the link

http://inventory.heffner.ca/used/hf/...s-id458128.htm


Why am I selling? I am going to get a 2014 Scion FRS monogram


Serious Only Let's not waste each other's time.


This is a actual Toyota employee price car

wparsons 03-11-2014 04:14 PM

I'm surprised the dealership wouldn't want it with such few km's and the lower buyout price, they could probably make a quick few bucks on it AND have you in monogram.

Employee 03-11-2014 05:42 PM

Quote:

Originally Posted by wparsons (Post 1591213)
I'm surprised the dealership wouldn't want it with such few km's and the lower buyout price, they could probably make a quick few bucks on it AND have you in monogram.


Ya me too. They make nothing off me though. FYI to tmmc employees monogram series you are not eligible for the discount.

that_guy 03-11-2014 09:57 PM

I thought about doing this myself. But it's a lot of work and it'd take a loss on mine just to get the seats, which is really all I want.

Good luck in the sale!

Employee 03-14-2014 12:45 PM

Quote:

Originally Posted by Employee (Post 1591472)
Ya me too. They make nothing off me though. FYI to tmmc employees monogram series you are not eligible for the discount.

Actually found out TMMC employees ARE ELIGIBLE FOR THE DISCOUNT

SEE YA HEFNER I WILL NEVER DEAL WITH YOU AGAIN TOTALLY LIED TO ME WILL ALSO FORWARD A COMPLAINT TO TMMC AS WELL


To the top

Employee 03-15-2014 10:24 PM

Link to pictures

http://kitchener.kijiji.ca/c-ViewAd?...977&rtlipmsg=1

that_guy 03-15-2014 10:43 PM

Quote:

Originally Posted by Employee (Post 1599497)
Actually found out TMMC employees ARE ELIGIBLE FOR THE DISCOUNT

SEE YA HEFNER I WILL NEVER DEAL WITH YOU AGAIN TOTALLY LIED TO ME WILL ALSO FORWARD A COMPLAINT TO TMMC AS WELL


To the top

They wouldn't have lied to you to screw you. Heffner doesn't give you the deal, TMMC does. Whoever told you just didn't know and didn't want to promise you something that they couldn't deliver.

D_Thissen 03-16-2014 07:45 PM

I bought my FR-S from Heffner, I actually thought they were the most honest Scion dealership I've ever dealt with.

Rob_g 03-17-2014 06:01 PM

Quote:

Originally Posted by wparsons (Post 1591213)
I'm surprised the dealership wouldn't want it with such few km's and the lower buyout price, they could probably make a quick few bucks on it AND have you in monogram.


But there's no way the dealership gives him anything close to what his current buyout is. I've gone through enough new cars in the past 15 years (10) to know that there is no such thing as a 'get out of my lease free' deal. If he's lucky he's $3k upside down. Take the loss and move on... Nobody will give him what he owes and if they do, he's incredibly fortunate.


Plus as far as I know, even if someone assumes the lease, the original owner is still ultimately responsible if the new owner defaults on the lease. That is not a risk I would want waiting to possibly happen.


Then there is the matter that it's a used vehicle and probably not eligible for replacement cost insurance if you want that. It's the little things like this that you have to take into account. Ultimately people are cheap when it comes to buying a used car.


Rob

Burrcold 03-17-2014 06:15 PM

Quote:

Originally Posted by Rob_g (Post 1606472)
But there's no way the dealership gives him anything close to what his current buyout is. I've gone through enough new cars in the past 15 years (10) to know that there is no such thing as a 'get out of my lease free' deal. If he's lucky he's $3k upside down. Take the loss and move on... Nobody will give him what he owes and if they do, he's incredibly fortunate.


Plus as far as I know, even if someone assumes the lease, the original owner is still ultimately responsible if the new owner defaults on the lease. That is not a risk I would want waiting to possibly happen.


Then there is the matter that it's a used vehicle and probably not eligible for replacement cost insurance if you want that. It's the little things like this that you have to take into account. Ultimately people are cheap when it comes to buying a used car.


Rob

This is not true at all. The person who the lease is transferred to, becomes 100% responsible as all terms of the lease (including default) are transferred.

wparsons 03-17-2014 08:23 PM

Quote:

Originally Posted by Rob_g (Post 1606472)
But there's no way the dealership gives him anything close to what his current buyout is. I've gone through enough new cars in the past 15 years (10) to know that there is no such thing as a 'get out of my lease free' deal.

In the average situation, sure, but on a desirable car with less than 7k km's the situation is a bit different.

that_guy 03-17-2014 08:35 PM

Quote:

Originally Posted by wparsons (Post 1606851)
In the average situation, sure, but on a desirable car with less than 7k km's the situation is a bit different.

Yep. There are lots of non-Scion dealers out there that would love to have this car. Talk to the right one on the right day and you might just walk away from this.

Rob_g 03-17-2014 10:15 PM

Quote:

Originally Posted by Burrcold (Post 1606512)
This is not true at all. The person who the lease is transferred to, becomes 100% responsible as all terms of the lease (including default) are transferred.

All I can say is that this is not my experience. I looked into transferring a lease once and this is what I was told. However I realize now it may not be the same between different manufacturers. At the time this was GM.

Rob

Burrcold 03-17-2014 10:30 PM

Quote:

Originally Posted by Rob_g (Post 1607126)
All I can say is that this is not my experience. I looked into transferring a lease once and this is what I was told. However I realize now it may not be the same between different manufacturers. At the time this was GM.

Rob

For sure the terms of the lease need to be read carefully, who knows what some manufacturers have hidden in the fine print. I've either gotten out of a lease or taken over a lease from the following: Honda, Infiniti (Nissan), Kia, and Acura (Honda again), and I was even sent a letter that took me off the lien. I could see GM pulling that kind of BS though lol.

Rob_g 03-17-2014 10:57 PM

Quote:

Originally Posted by that_guy (Post 1606888)
Yep. There are lots of non-Scion dealers out there that would love to have this car. Talk to the right one on the right day and you might just walk away from this.

There is just no way you trade out 1 year into a lease and not loose money on a car. I assume he's probably already looked at the numbers at the dealership, didn't like them and that's why he posted here. His best chance for not losing any money is still having someone assume the lease. I wish him luck, it's not fun trying to get out of a lease...

Rob

wparsons 03-18-2014 08:12 AM

^^ I think you're really underestimating the demand for a car like this with under 7k km's on it. It would easily sell for more than the current buyout.

Take a look at what the used market prices are like for FR-S' right now:

http://www.autotrader.ca/a/pv/Used/S...%2c10%2c9&st=1

Similar mileage cars are going for ~$28k. That's almost $5k over the current buyout, a dealership would be stupid to not want to make money that easily.

Rob_g 03-18-2014 11:51 AM

Quote:

Originally Posted by wparsons (Post 1607774)
^^ I think you're really underestimating the demand for a car like this with under 7k km's on it. It would easily sell for more than the current buyout.

Take a look at what the used market prices are like for FR-S' right now:

http://www.autotrader.ca/a/pv/Used/S...%2c10%2c9&st=1

Similar mileage cars are going for ~$28k. That's almost $5k over the current buyout, a dealership would be stupid to not want to make money that easily.



Actually his current buyout is $27k once you add the tax. And those are dealership used prices... You have to take them with a grain of salt because the cars probably don't actually sell for what they ask for.


I should look at what I got for my FR-S when I traded it... I had the first one in SK. I loved driving it and am considering another as a summer fun car. I am driving a 2013 4Runner Trail right now. I have enough saved I can pay the whole lease at once or if I wait a few more months I can just pay cash for the whole car.

Rob

Employee 03-18-2014 08:36 PM

Wow did this ever balloon. First off I have walked away from 3 Toyota leased vehicles 2 of which were 36months remaining and the other 27 months. There seems to be many misinformed people about taking over a lease.
Most people in the situation of trying to get out of a lease end up with negative equity. The amount I put down on this car was $0 (which actually works out to $2750) that is why the payment is $0 down $0 security deposit and it is a lease transfer not a used car sale.
The same car at Heffner Toyota in Kitchener ON is $1000 more, no spoiler, no tint, no upgraded stereo and no Lease option.


I'm not in a position that I have to sell the car. I want to simply get rid of it for another.....Why

The rate I got the car for was 4.99% May 1 2013. That rate was the same for a year did not expect it to drop in prime summer time for a car selling the demand that it was commanding last year. The rate dropped 1% to 3.99% June 1st 2013 (dealers have absolutely no idea when this happens) I said from that date that I would end up getting rid of it for another (if I could)

The current rate is 2.99% which = for an employee discount of $346.46 (36 month lease)as opposed to my current payment of $406.8 based on the (37 remaining months)

Most people would have to roll about 3k to get out of a lease this early. Due to the employee discount I'm not worried

It's simple math you would be looking at $420 per month tax included on a 2014 FRS @ 2.99% with $0 down on a 36 month 20,000km per year BUYOUT OPTION $14,512



What do you get with mine 2013 FRS $406.80 per month tax included Rear Spoiler, Window Tints, Upgraded Stereo. BUYOUT OPTION $13,407


IS IT A GREAT DEAL :iono: but what you get as a payment with spoiler, tint and optional buyout it is cheaper 7,000km that's less then a dealer demo:thumbsup: (notice I didn't add the upgraded stereo as it is now standard)



Not sure who said it but Hefner did lie (have the email) that team members were not eligible for the discount. When the true answer should have been we are not offering the Tmmc discount on that vehicle (as we are not obligated too as it is a limited edition) :offtopic:

:threadjacked:


Oh ya even if HEFFNER dropped their price by a grand, you would still have no upgraded stereo, spoiler or tint and 12,000 more Km's for the EXACT SAME CAR. So when you compare apples to apples PRETTY SURE MINE IS AHEAD

Burrcold 03-18-2014 09:01 PM

I think for the OP sake, let's chalk this up to a great deal that hopefully someone can take advantage of.

This is after all the classified section, not general discussion.

Good luck with the sale/lease takeover! :)

Burrcold 03-18-2014 09:34 PM

FYI - I used to work for Denso, so I spent my life at TMMC :)


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