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.
No, but do the same due diligence you would on any used car. Check for service records and verify anything questionable. Check for any body damage and repairs.
__________________
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."
i bought my car when it came off a lease....it was leased brand new for 4 years and 75k miles back in 2003 and turned in in feb 2007 with 39k on it.....i bought it in march 2007 from a toyota dealer where it was truned in and its in great shape mechanically and physically, and has been dealer maintained since new.
I always make sure I look at the actual title and read the hand writing of the person that owned it.
I also find out how old and a good guess as to who the person was that owned it.
I will save you a lot of trouble maintenance wise in my opinion to buy a car like that from a person that is older and more responsible in taking care of it.
I had 207K miles on that car when I sold it.
It was leased by an older gentleman...
__________________ "We can't solve problems by using the same kind of thinking we used when we created them."Albert Einstein
The majority of customers who lease a Camry usually are the elderly. With that said, most likely the car will be in a pretty good shape. Now the downside from that is they tend to forget the regularly scheduled maintenance.
easy with the stereotypes rick.. im 20 and mines leased
__________________
2007 Super White CE 5-spd. Stock 4 Lyfe, well I have new driver side doors and side pillar.. are those mods?
As of March 1, another $2200 body shop bill due to deer attack..
all your inlaws would really need to do is buy the car from whoever is leasing it.. then they would have to deal wtih buying the car from the dealership before the lease is up.. which from how i understand it shouldnt that hard the leasee will hav eto pay whatever is due on the lease plus the sum that the dealer would want for the car at the end of the lease.. both of those number are on the copy of the lease that both the leaser and leasee should have. its just a matter of the money getting from your inlaws through the current driver of the car to the dealership. just make sure you trust whoever youre buying it from
__________________
2007 Super White CE 5-spd. Stock 4 Lyfe, well I have new driver side doors and side pillar.. are those mods?
As of March 1, another $2200 body shop bill due to deer attack..
The majority of customers who lease a Camry usually are the elderly. With that said, most likely the car will be in a pretty good shape. Now the downside from that is they tend to forget the regularly scheduled maintenance.
Umm.. 30...leased my LE... While I tend to feel elderly, I'm not quite there yet.
Hope im not going off topic if you were only asking about the paperwork part. But here goes my 2 cent if anyone wants to read it, some input about buying leased cars.
my dads first "new" car was a 1964 plymouth fury from a leasing agency. We all drove it with 1 valve job and same engine for the next 15 years. Former leases are not a bad buy nowadays because somebody who leases a car like a camry is not likely to beat on it much.
In the pre-computer days, buying a leased car was a bit of a gamble though - i know many people who disconnected the speedo cable and drove it like that to keep the mileage down! So in those days your speedo might have said 80k meanwhile it actually had 250,000 real miles on it. But people cant do that to leased cars any more, unles they are some kind of computer genius, because the computer will tell on you. So the mileage you see on the odo is the real mileage on the car.
A leased car buy is maybe even a better buy than a car from joe average from the paper, because the owner had to prove regular maintenance as part of most contracts. And more selection from the leasing agency too. I think you're not likely to make a bad choice, just check it out like any other used car.
Last edited by DressUpYourPet; 12-18-2007 at 12:44 AM.
In the pre-computer days, buying a leased car was a bit of a gamble though - i know many people who disconnected the speedo cable and drove it like that to keep the mileage down! So in those days your speedo might have said 80k meanwhile it actually had 250,000 real miles on it. But people cant do that to leased cars any more, unles they are some kind of computer genius, because the computer will tell on you. So the mileage you see on the odo is the real mileage on the car.
I doubt it would be hard to defeat. All you have to do is drive in reverse.
I haven't leased a car before, or bought a previously leased vehicle. Like others have stated, go through the maintenance records and make sure everything is good as if you were buying any other used car.
The majority of customers who lease a Camry usually are the elderly. With that said, most likely the car will be in a pretty good shape. Now the downside from that is they tend to forget the regularly scheduled maintenance.
Big time wrong. Elderly people buy most of the time and are very good with scheduled maintenance.
shit i didn't mean to push any buttons with my comment above. i'll take it back. i wuv you guys!
but back to that statement, i said that because when i bought my camry, i ran carfax on the potential camrys i was gonna get and i believe all of them was leased and the elderly. then i did a history on the previous owners. literally! i checked their driving history against any speeding ticket so i can see their driving habits with my car is it legal? most likely not. but it is somewhat related to what i do for a living. the comment was actually made by one of the salesman i dealt with. and i kinda used that to help with my decision.
The AutoGuide.com network consists of the largest network of enthusiast-owned enthusiast-operated automotive communities.
AutoGuide.com provides the latest car reviews, auto show coverage, new car prices, and automotive news. The AutoGuide network operates more than 100 automotive forums where our users consult peers for shopping information and advice, and share opinions as a community.
ToyotaNation.com is an independent Toyota/Lexus enthusiast website. ToyotaNation.com is not sponsored by or in any way affiliated with Toyota Motor Sales, USA, Inc. The Toyota, Lexus and Scion names and logos are trademarks owned by Toyota Motor Sales, USA, Inc.
is it legal? most likely not. but it is somewhat related to what i do for a living. the comment was actually made by one of the salesman i dealt with. and i kinda used that to help with my decision.
Linear Mode
