Toyota GR86, 86, FR-S and Subaru BRZ Forum & Owners Community - FT86CLUB - View Single Post - 2013 Hot Lava FRS $23,860 or Lease for $406.80 Per 37 month Lease

Employee · 03-18-2014, 09:36 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

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

(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)

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

03-18-2014, 09:36 PM	#18
Employee Member Join Date: Feb 2013 Drives: XXX Location: Canada Posts: 42 Thanks: 7 Thanked 8 Times in 8 Posts Mentioned: 0 Post(s) Tagged: 0 Thread(s)	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 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 (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) 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 Last edited by Employee; 03-18-2014 at 10:02 PM.