Toyota Offers 5 Year "Cash for Clunkers" Leases
The only requirement is the lease have a term of at least 5 years.
Toyota has 25 models that qualify for the program and they want to take advantage of the leasing option. They will now be offering 60-month leases on 5 of their most popular models:
- 2009 Toyota Corolla
- 2009 Toyota Camry
- 2009 Toyota Rav4
- 2009 Toyota Yaris
- 2009 Toyota Tacoma
The 60 month leases vary by region so they may not be offered where you reside.
If you're lucky enough to have the lease deals in your area, you can get a 2010 Corolla for $99 per month with $99 due at signing.
My Recommendation for Car ShoppersTrueCar No-Haggle, CarsDirect, and NADAGuides are the quickest way to see the lowest car prices in your area. These sites show you no-haggle prices from dealers closest to you - and the deals are usually really good. This should be the first step you take when negotiating your car price. Follow this up with my checklist to make sure you squeeze out every last bit of savings.
- Gregg Fidan
Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
- Best Rebates, Incentives, and Lease Deals
- Latest Car Buying Scams and Tricks
- The Best & Worst Time to Buy a Car
- Which Cars You Should Avoid