5th & 6th Generation (2002-2006 & 2007-2011)Toyota Camry Discussion for years: 2002-2006 & 2007-2011
Topics of discussion range from fuel economy, safety, modifications, performance all involving America's favorite family car, the Toyota Camry.
The deal is on a fully loaded 2007 LE V6, MSRP 27,xxx, delar invoice is supposed to be 24,500 and that's the price I am about to take. Is there any significant incentive on those left over camarys?
Also, I checked the lease alternative and was quoted .0009 MF which i think is pretty good and for 36 month, 15k/yr, is the residual of 53.5% of MSRP reasonalbe?
Does the fact the end of model year have any negative impact on lease residual, ie. for the same term, if I lease a 2008, would the residual value be better?
The deal is on a fully loaded 2007 LE V6, MSRP 27,xxx, delar invoice is supposed to be 24,500 and that's the price I am about to take. Is there any significant incentive on those left over camarys?
No incentives, take the deal. Make sure you actually see the invoice! This is a good deal for the end of the year.
Also, I checked the lease alternative and was quoted .0009 MF which i think is pretty good and for 36 month, 15k/yr, is the residual of 53.5% of MSRP reasonalbe?
That's reasonable, but don't short change yourself on mileage or you will pay through the yangs later.
Does the fact the end of model year have any negative impact on lease residual, ie. for the same term, if I lease a 2008, would the residual value be better?
No
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2007 V6 Camry LE, Built TMMK 27 September 06
"People who think they know it all are particularly irritating to those of us who do."
The deal is on a fully loaded 2007 LE V6, MSRP 27,xxx, delar invoice is supposed to be 24,500 and that's the price I am about to take. Is there any significant incentive on those left over camarys?
Also, I checked the lease alternative and was quoted .0009 MF which i think is pretty good and for 36 month, 15k/yr, is the residual of 53.5% of MSRP reasonalbe?
Does the fact the end of model year have any negative impact on lease residual, ie. for the same term, if I lease a 2008, would the residual value be better?
Much appreciate your advice.
RL
Did they give a copy the real invoice? On the invoice it will show show you the residual and the money factor will be higher for a 08 because are region has special MF for 07 Camry. Hope that helps.
I actually checked both edmunds and cars.com....sunroof package, JBL, alloy wheel and stability control all included. it's pretty much all the majoyr factory options; add all those up and you are within couple of hundred dollars of msrp and invoice.
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