Did I get an ok deal on the base pip?

Discussion in 'Gen 1 Prius Plug-in 2012-2015' started by rondocap, Oct 5, 2012.

  1. rondocap

    rondocap Member

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    After seeing all of these specials on the pip base, like $269 leases, I wonder if I got an ok deal.

    I pay $350 a month for 12k a year 36 month lease. I traded in a ford f150, they gave me $4k for it towards the pip. No other money down.

    My buyout is around $17k in 3 years.
     
  2. Pasaman

    Pasaman Active Member

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    (350 x 12 = 4200)
    4200 x 3 = 12600
    truck = 4000
    buyout = 17000
    Total = 33600
    you can buy it for around 28.5k on the east coast and 31k on the west(+ttl in both)
     
  3. rogerv

    rogerv Senior Member

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    But doesn't the $350 include interest? (and perhaps tax and license) The contract should show the price of the vehicle, or capital amount, that the lease is based on. The trade allowance might show as "capital reduction." But depending on when the OP leased the car, there may have been no factory participation as there is now for PiPs, whether for lease or sale. Probably a whole bunch of us who bought at the rollout are feeling the same way now. :oops:
     
  4. rockerdan

    rockerdan PiP Rocks!

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    i put 8k down, and my 36 mt lease costs 177/mt. base model Pip. Your buyout is same as mine after 3 yrs. $17,600

    My lease was based on a cost of $29,200 everything in.

    Dan
     
  5. raimix

    raimix Member

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    Lots of missing info here.
    First where are you located? For incentives
    What kind of value did your truck carry?
    What's your tax rate? Since your price seems to include all the fees/TTL
     
  6. rondocap

    rondocap Member

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    Im in NJ, truck was 4k- this was back in July.