Got this flyer from a Toyota dealer advertising a 36 month lease where they pay the first 12 months and you only pay for 24 months. The fine print indicated that the maximum paid for the first 12 months would be $2400. Okay, so this is basically a $2400 money back offer without any indication of the deposit amount or the monthly payment.
Long story short....I go in and request that they fill in the blanks and this is what they offered;
- I pay 00 deposit plus trade in my 1997 Camry (157,000 miles) which they value at 00....Equivalent to a 00 deposit.
- They pay for the first six months and I pay 6 for the next 30 months....Equivalent to 9 for 36 months.
The Blue Book trade-in value for a 1997 Camry like mine is $1,025 so my question is whether $3600 deposit plus $189 a month for 36 months is a ballpark lease amount for this Camry or is this a raw deal?
Thanks!