$17,500 off by 1 Dec 2014, Production Ended August 2014

[bernie82]

Good morning Tony. My 2012 Leaf lease will be ending soon and I'm looking into leasing another EV. Because of battery degradation and Nissan doing nothing to resolve the issue, I wouldn't consider going to another Leaf.
I saw your post regarding the problems with your Rav4 EV. Do you have any reason to believe that the 2014 Rav4 EV has resolved these problems? Until I read your post, the Rav4 EV was my first choice followed by the Spark and Focus. I would appreciate your suggestion in helping me decide. I would go Spark EV in a heartbeat because of the range and battery cooling but I'm not really comfortable with a sub compact.

Take care, Tony

Bernie

 

[TonyWilliams]

The 2014 will have all the improvements to date, but since most are firmware related, you can get that on any 2012 or 2013 Rav4 EV also.

There's nothing special between any of the years.

 

[Dilbagh]

Any news about the promotions now that the Mar deadline has passed?

Thanks

 

[TonyWilliams]

Any news about the promotions now that the Mar deadline has passed?

Thanks

It's been extended another month.

 

[Maaz]

Any news about the promotions now that the Mar deadline has passed?

Thanks

It's been extended another month.

so until 4-31-14? after that the 16,500 lease cash deal is over?

 

[smkettner]

This is the current deal until 3/31

http://www.myrav4ev.com/forum/viewtopic.php?f=11&t=995&start=10

 

[equalm]

This is the current deal until 3/31

http://www.myrav4ev.com/forum/viewtopic.php?f=11&t=995&start=10

Went to a dealership in the Bay Area today and I want to add a data point that yes, it's until 3/31 according to what they told me today.

 

[TonyWilliams]

This is the current deal until 3/31

http://www.myrav4ev.com/forum/viewtopic.php?f=11&t=995&start=10

Went to a dealership in the Bay Area today and I want to add a data point that yes, it's until 3/31 according to what they told me today.

I've been updating the first post of this thread each month with the current Toyota offer.

I then change the title to refect the offer:

Re: $16,500 Toyota Lease Cash for 2014 Rav4 EV by Mar 31, 2014

 

[fusiondynamics]

Is there no more unlimited miles lease? I was talking to a dealership about another one and they said that it is no longer offered. Thanks!

 

[TonyWilliams]

Is there no more unlimited miles lease? I was talking to a dealership about another one and they said that it is no longer offered. Thanks!

It's not March 31 yet, so yes, Toyota Financial is still offering it.

The clueless dealer might not know that, though.

 

[fusiondynamics]

Is there no more unlimited miles lease? I was talking to a dealership about another one and they said that it is no longer offered. Thanks!

It's not March 31 yet, so yes, Toyota Financial is still offering it.

The clueless dealer might not know that, though.

I was told that he looked on their systems and it does not show. Is there any document that I could prove to him that it is available?

 

[miimura]

There was a problem before with dealers not doing the paperwork correctly and TFS sending out letters that stated a mileage limit. If the dealer you're talking to doesn't know how to do it, I would find another that does know how to do it the right way.

 

[Dilbagh]

Any word on the current deal now that 3/31 has passed?

I'm finally ready to take the plunge.

And thanks for the great work here on this thread.

 

[smkettner]

Any word on the current deal now that 3/31 has passed?

About the same through May 5

http://www.myrav4ev.com/forum/viewtopic.php?f=11&t=1053

 

[TonyWilliams]

Any word on the current deal now that 3/31 has passed?

About the same through May 5

http://www.myrav4ev.com/forum/viewtopic.php?f=11&t=1053

After selling only 28 cars in December 2013 and only 68 in January 2014 with a $14k lease incentive, Toyota is back to blowing them out with huge $16,500 incentives and unlimited miles in California ONLY

http://www.myrav4ev.com/forum/viewtopic.php?p=418#p418


******************************


Check out Dianne's deals at Carson Toyota:

http://www.myrav4ev.com/forum/viewtopic.php?p=12518#p12518

UNLIMITED Mileage: about $479 a month + tax a month for 35 more months, $0 due at signing.

Unlimited miles.

12K annual miles about $30 cheaper
10k annual miles about $45 cheaper


******************************


The official Toyota offering:

http://www.buyatoyota.com/Specials/SpecialOffers.aspx


****************


PURCHASE - Get 0.0% APR for 60 months and $2,500 Bonus Cash on a new 2014 RAV4EV

0.0% APR for 36 months, 0.0% APR for 48 months or 0.0% APR for 60 months
Plus $2,500 Bonus Cash
Includes ToyotaCare No cost maintenance plan with roadside assistance
Offer Ends 5/5/2014



LEASE - Lease a 2014 RAV4 EV for $299 a mo. + tax after $16,500 lease cash

$299 a month plus tax for 36 months
$3,499 Drive-off
After $16,500 Lease Cash is applied
Drive-off does not account for tax, sales tax on the lease cash, license or registration fees.
Includes ToyotaCare No Cost Maintenance plan with roadside assistance
Offer Ends 5/5/2014

NOTE: 24 month lease doesn't NOT qualify for California $2500 cash mail-in rebate. Lease cash valid in combination with program through TFS. Excludes sales tax on the lease cash. 36 month and unlimited mile leases available.


****************


NOTE 1: EXPECT THE DEALER'S FINANCE DEPARTMENT TO HAVE PROBLEMS INPUTTING THE UNLIMITED MILEAGE LEASE IN THEIR COMPUTER. MAKE SURE YOUR LEASE DOCUMENTS ARE PROPER FOR WHEN TOYOTA FINANCIAL REJECTS IT MANY WEEKS LATER. It should show "N/A" twice for miles and rate per mile in section 10 of the lease contract, "Excessive Wear and Use".

http://www.myrav4ev.com/forum/viewtopic.php?p=8745#p8745


NOTE 2: NEW FOR OCTOBER 2013: Lease bonus cash is only good for cars registered NEW in the state of California. That means you won't be able to lease out-of-state at the reduced prices, because Toyota will not get the 3 California Air Resources Board (CARB) Zero Emission Vehicle (ZEV) credits unless first registered in California.


NOTE 3: July 2013, the lease discount cash was called "$15,400 TFS Subvention Lease Cash" Yes, you get to pay sales tax on the discount!!!


NOTE 4: January 2014, the new 24 month lease offer does not qualify for the $2500 California state mail-in rebate. The lease must be a minimum of 36 months


NOTE 5: The dealer may try to sell you a low mileage "used" car so that they can claim and keep the government incentives.


NOTE 6: Even if your out-of-state dealer says they will work on your car, read this thread:


http://www.myrav4ev.com/forum/viewtopic.php?p=11236#p11236

NOTE 7: The state of California is running out of money for the $2500 rebate checks. Right now (April 2014), you can expect a check in September 2014. After April, there may not be anything.


********************************

Update on cost comparisons with electric and oil burner Rav4 EV with current lease incentive of $16,500 off. California only, offer good through May 5, 2014. When the last of 2600 are built, they won't make or sell any more:


Since you could easily drive 100,000 miles in 3 years on an unlimited mileage lease, here's that comparison with a $500 per month / zero down lease / unlimited miles. Lease "sales price" is $500 multiplied by 36 months:

-------------- Rav4 EV --- Rav4 EV ---- Rav4 V6 oil burner
--------------- lease ----- purchase ---- purchase


Sales Price- $18,000 --- $51,000 ----$26,000
Fuel cost ---$ 3,000 ---- $ 3,000 -----$18,000
Oil changes ---------------------------- $ 300
Smog Check----------------------------$ 100
Maintenance $1300 ----- $ 1300 -----$ 1900

Subtotals -- $22,300 --- $55,300 --- $46,300
Tax breaks - (2500) ---- (10,000) --- $ 0
Feb discount - N/A ------ (2,500) ---- $ 0

Net costs -- $19,800 --- $42,800 ---- $46,300

*************************************

Equity ----- $ 0 --------- $15,000 ---- $ 8,000

New Battery - N/A ----- (36,000) ---- $ 0

Net equity - $ N/A ----- (21,000) ---- $ 8,000


********************************


LEASE DOWN-PAYMENTS:

I never recommend putting any money down an a lease to get a lower monthly lease payment. If the car is "totaled" as you drive it off the dealership's lot, all your down payment was just lost forever.

Click on this link to see a typical "zero down" Rav4 EV lease:

http://imageshack.us/a/img15/8920/bwt9.jpg


**************************


$7500 federal credit (IRS form 8936) applies to new cars only with purchase only, not on a lease. Toyota did not pass this credit to you on a lease prior to July 2013, but now they have begun offering you the $7500 fed tax credit in the lease. You have to owe the IRS at least $7500 for this taxable year to get the full benefit of $7500 in a purchase. No carry-overs to next year. If you only owe $1234 in federal taxes, you will only get $1234 of the $7500 credit.

$2,500 California state rebate for new cars only. Apply here for the Clean Vehicle Rebate Project (CVRP) which is funded by the California Air Resources Board (CARB) and administered statewide by the California Center for Sustainable Energy (CCSE), 9325 Sky Park Court, #100, San Diego, CA 92123. Your state or province may also have incentives for out of state sales.

CAVEAT EMPTOR: known dealer scam is to sell you a "used" car and keep the tax credit. This is what can happen if you fall for the dealer's deception:

http://www.myrav4ev.com/forum/viewtopic.php?p=8134#p8134

April 2014: the state of California may run out of money in this program after April.

***************************


EXTENDED WARRANTY

I personally would not consider an extended warranty on a 36,000 mile lease. Your car will always be within the factory warranty period.

I do not normally buy the extended warranty at a dealer, but instead wait until I'm getting close to the end of the factory warranty period; for the Rav4 EV, that's 3 years / 36,000 miles. This way, you can actually shop for the best price amongst dealers anywhere in the USA.

Don't let the finance salesperson pressure you into a warranty (to increase their profit... called the "back-end" in the business, and that's exactly where you'll get it). If you do buy it, and subsequently cancel, it will take them many weeks or months to refund your money. In addition, they will prorate the months and miles on the car, even though it had a factory warranty concurrent with the extended warranty.

There is absolutely no reason to buy the warranty until you are absolutely sure you will go past the warranty period, and you know you have the best price. Then, it will likely exclude anything that would matter, like the battery!! By the way, the list price on that battery is $36,000.

Here is the link for Toyota warranty info:

http://www.toyotafinancial.com/consumer/tfs.portal?_nfpb=true&_pageLabel=pg_newVehicleComparisonChartPage


T3-TOYOTA RAV4 EV
3 YEAR 50,000 MILES $359.00
3 YEAR 80,000 MILES $399.00
4 YEAR 65,000 $409.00 4 YEAR 100,000 MILES $529.00
4 YEAR 125,000 MILES $659.00
5 YEAR 80,000 MILES $474.00, 5 YEAR 100,000 MILES $629.00
5 YEAR 125,000 MILES $799.00
6 YEAR 75,000 MILES $509.00, 6 YEAR 100,000 MILES $749.00
6 YEARS 125,000 MILES $1,019.00
7 YEARS 75,000 MILES $594.00, 7 YEAR 100,000 MILES $889.00
7 YEARS 125,000 MILES $1,169.00
8 YEAR 75,000 MILES $709.00 8 YEARS 100,000 MILES $1,039.00
8 YEAR 125,000 MILES $1,424.00

This warranty is directly from Toyota and any warranty work will need to be done at your Toyota dealer or any Toyota dealer in your state or any state in the USA or Canada.

Jerry Johnson
Warranty Manager
800-530-5789
jerryj@midwestsuperstore <daught> com

He will need:
VIN Number
Miles
Date of Purchase
Your Name and Address, Phone, Email


***************************


MODEL YEAR DIFFERENCES

The only differences between a 2013 and 2012 model year is the Vehicle Identification Number (VIN) has a "D" the replaces the "C" in the 8th digit from the right. The 2014 has an E. You will find the VIN through the front window, looking from the outside on the driver's side, at the bottom.

I do not expect that there will be many 2013 model year cars still available. The 2014 model year will presumably be the last of the run after 2600 total are produced.

Here are the sales to date:

http://www.myrav4ev.com/forum/viewtopic.php?p=418#p418

No, the Rav4 EV won't be extended or continued after 2600 are built.

http://www.myrav4ev.com/forum/viewtopic.php?p=4143#p4143


***********************************************


CALIFORNIA CONTRACT CANCELLATION POLICY

http://www.dmv.ca.gov/pubs/vctop/d05/vc11709_2.htm

California law does not provide for a "cooling-off" or other cancellation period for vehicle lease or purchase contracts. Therefore, you cannot later cancel such a contract simply because you change your mind, decide the vehicle costs too much, or wish you had acquired a different vehicle. After you sign a motor vehicle purchase or lease contract, it may only be canceled with the agreement of the seller or lessor or for legal cause, such as fraud.


************************


USED Rav4 EV 's:

If you buy used, even with almost zero miles on the car, you not only lose the tax credits and rebates, you may also lose the ability to "Lemon Law" the car should it come to that.


***************************


CALIFORNIA SALES TAX (purchase) or USE TAX (lease)

On an "in-state" purchase, you pay the applicable tax for your county/city. For an in state lease, you pay a "use tax" on the monthly payment. For out-of-state, you pay nothing to California with a proper Bill of Laden from a shipping company.

DO NOT TAKE DELIVERY IN CALIFORNIA

...unless you want to pay California taxes!!! You will pay applicable taxes in your out-of-state jurisdiction. There's a whole thread devoted to out-of-state purchases and leases.


**************************


OUT OF STATE SERVICE AND WARRANTY CLAIMS

Just know that an out-of-state dealer may be willing to service your Rav4 EV, but Toyota USA may not pay them for warranty claim reimbursements and the service payments for Toyota Care. Kevin Spillane, Toyota Customer rep for the Rav4EV, has this to say about out-of-state servicing:

1) Toyota Customer Care - the normal 5000 mile interval checkups. Not covered outside of California authorized dealers. Expect any out-of-state-dealer who performs a routine service to your car to be denied payment by Toyota for "Toyota Care". No matter what your out-of-state dealer tells you, it won't be covered under "Toyota Customer Care"

2) Tesla drivetrain problems - Not covered outside of California authorized dealers.

3) Non-EV problems but specific to Rav4 EV - like a failed heater on a "case by case basis" (that means that they can jerk you around if they feel like it). They have an authorized field engineer coming to a local dealer to perform the work. It has nothing to do with the dealer themselves, it's just a place to work on the car.

4) Rav4 issues shared with the oil burning version - covered.


http://www.myrav4ev.com/forum/viewtopic.php?p=3993#p3993


**************************


NOTE TO ALL OUT OF STATE BUYERS:

NEW FOR OCTOBER 2013: Lease bonus cash is only good for cars registered NEW in the state of California.


***************************


IF YOUR CAR IS DELIVERED WITHOUT FUNCTIONING INTERIOR LIGHTS:

A pin is located in the engine bay passenger side fuse box to activate the lights. Inside that fuse box, there is a white "fuse" without any number and that is the "pin". Under the fuse cover, there is a location labeled "short". Put the "pin" into the "short" slot and interior function like light, garage door opener, external door handle switch will be activated.


***********************************


IF YOUR CAR IS DELIVERED WITH A REGISTRATION FOR AN OIL BURNING CAR INSTEAD OF AN ELECTRIC CAR:

Make sure your dealership ticked the correct box for "motive power" on the registration. If they incorrectly entered "gas", you'll need to get it corrected. In California, the DMV requests that the dealership complete Sections G & H of form "Reg 256". For section G, the sample response given was:

"Due to a clerical error on the Report of Sale, the motive power was entered as "gas (G)", when the actual motive power for this vehicle is "100% electric (E)". Please correct. No fraud intended."

The dealer then signs and dates Section H.


************************************


IF YOUR CAR'S UNLIMITED LEASE IS REJECTED BY TOYOTA FINANCIAL

EXPECT THE DEALER'S FINANCE DEPARTMENT TO HAVE PROBLEMS INPUTTING THE UNLIMITED MILEAGE LEASE IN THEIR COMPUTER. MAKE SURE YOUR LEASE DOCUMENTS ARE PROPERLY REFLECT AN UNLIMITED LEASE FOR WHEN TOYOTA FINANCIAL REJECTS IT MANY WEEKS LATER. It should show "N/A" twice for miles and rate per mile in section 10 of the lease contract, "Excessive Wear and Use".

http://www.myrav4ev.com/forum/viewtopic.php?p=8745#p8745


************************************


IF YOU WANT YOUR CAR DELIVERED WITH SPECIFIC SETTINGS:

You will likely want your dealer to set the reverse beeper to a single beep. I highly recommend writing this in the sales contract, particularly for an out of state sale. You will not like this distracting beeping in reverse. Also, I recommend setting the auto door locks to whatever setting you want prior to delivery (always unlocked, lock when in Drive, only unlock driver's door, etc).

If you don't want the navigation screen to automatically pop back to the map mode, press the "Home" button below the screen (like on an iPad / iPhone), then press the lower right hand corner symbol for page 2, then press the upper left hand symbol, then scroll down until you see Auto Screen Change, then select OFF.


****************************


HOV LANE STICKERS

Apply for your California HOV lane stickers (less than $20) after you have a license plate issued to your car:

http://www.dmv.ca.gov/vr/decal.htm


************************************************


There is only one factory Rav4 EV option: Color

Blizzard Pearl white (about $395 extra)
Blue (most popular color)
Silver (least popular color)


**********************************************

Please get the appropriate public charging network cards from:

Blink
NRG / eVgo
SemaConnect
ChargePoint
AeroVironment
etc

**********************************************

ONLY AVAILABLE AT THESE TOYOTA DEALERS IN CALIFORNIA

http://www.toyota.com/rav4ev/#!/Welcome

SACRAMENTO

Folsom Lake Toyota 12747 Folsom Blvd. Folsom , CA 95630 (916) 355-1500

Hanlees Toyota 4202 Chiles Road Davis , CA 95616 (530) 753-3352

Roseville Toyota 700 Automall Drive Roseville , CA 95661 (916) 782-2163

Magnussen's Auburn Toyota 800 Nevada Street Auburn , CA 95603 (530) 885-8484


SAN FRANCISCO

Toyota Sunnyvale 898 W El Camino Real Sunnyvale , CA 94087 (408) 245-6640

Stevens Creek Toyota 4202 Stevens Creek Blvd. San Jose , CA 95129 (408) 984-1234

Piercey Toyota 950 Thompson Street Milpitas , CA 95035 (408) 240-1400

Magnussen's Toyota of Palo Alto 690 San Antonio Road Palo Alto , CA 94306 (650) 494-2100

Toyota of Berkeley 2400 Shattuck Avenue Berkeley , CA 94704 (510) 845-2530

Hanlees Hilltop Toyota 3255 Auto Plaza Richmond , CA 94806 (510) 243-2020

Toyota of Walnut Creek 2100 North Broadway Walnut Creek , CA 94596 (925) 933-7440

AutoNation Toyota Hayward 24773 Mission Blvd. Hayward , CA 94544 (510) 889-8000

Fremont Toyota 5851 Cushing Parkway Fremont , CA 94538 (510) 252-5100

One Toyota of Oakland 8181 Oakport Street Oakland , CA 94621 (510) 569-1111

San Francisco Toyota 3800 Geary Blvd San Francisco , CA 94118 (415) 750-8300

City Toyota 255 San Pedro Road Daly City , CA 94014 (650) 755-5500

Toyota 101 525 E. Bayshore Road Redwood City , CA 94063 (650) 365-5000

Toyota Marin 445 East Francisco Blvd. San Rafael , CA 94901 (415) 456-7071

Freeman Toyota 2875 Corby Avenue Santa Rosa , CA 95407 (707) 542-1791


CENTRAL CALIFORNIA

Toyota of Santa Maria 700 E. Betteravia Road Santa Maria , CA 93454 (805) 928-3881

Toyota San Luis Obispo 12350 Los Osos Valley Rd. San Luis Obispo , CA 93405 (805) 543-7001

Salinas Toyota 700 Auto Center Circle Salinas , CA 93907 (831) 444-0700


LOS ANGELES

Cabe Toyota 2895 Long Beach Blvd. Long Beach , CA 90806 (562) 595-7411

Penske Toyota 9136 E. Firestone Blvd Downey , CA 90241 (562) 861-3300

AutoNation Toyota Cerritos 18700 Studebaker Road Cerritos , CA 90703 (562) 860-6561

AutoNation Toyota Buena Park 6400 Beach Blvd. Buena Park , CA 90621 (714) 522-6144

DCH Toyota of Torrance 2909 Pacific Coast Hwy Torrance , CA 90505 (310) 325-7500

Toyota of Hollywood 6000 Hollywood Blvd. Los Angeles , CA 90028 (323) 275-9160

Toyota of Downtown L.A. 1600 S Figueroa Los Angeles , CA 90015 (213) 748-8301

Carson Toyota 1333 E 223rd St Carson , CA 90745 (310) 549-3131

Toyota Santa Monica 801 Santa Monica Blvd. Santa Monica , CA 90401 (866) 324-2046

Marina Del Rey Toyota 4636 Lincoln Boulevard Marina Del Rey , CA 90292 (866) 823-8348

Manhattan Beach Toyota 1500 N. Sepulveda Blvd Manhattan Beach , CA 90266 (310) 546-4848

Culver City Toyota 9077 Washington Blvd. Culver City , CA 90232 (310) 559-3777

Hamer Toyota 11069 Sepulveda Blvd Mission Hills , CA 91345 (818) 365-9621

Keyes Toyota 5855 Van Nuys Blvd Van Nuys , CA 91401 (818) 782-0122

Bob Smith Toyota 3333 Foothill Blvd. La Crescenta , CA 91214 (818) 248-9363

DCH Toyota of Simi Valley 2380 First Street Simi Valley , CA 93065 (805) 526-7500

Toyota of Glendale 1260 South Brand Blvd. Glendale , CA 91204 (323) 461-7228

Claremont Toyota 508 Auto Center Drive Claremont , CA 91711 (909) 625-1500

West Covina Toyota 1800 E Garvey Avenue West Covina , CA 91791 (626) 859-7400

Toyota of Glendora 1949 Auto Centre Drive Glendora , CA 91740 (909) 305-2000

Longo Toyota 3534 North Peck Road El Monte , CA 91731 (626) 580-6000

Wondries Toyota 1543 West Main Street Alhambra , CA 91801 (626) 289-8000

Toyota of The Desert 68105 Kyle Road Cathedral City , CA 92234 (760) 328-0871

John Elway's Crown Toyota 1201 Kettering Drive Ontario , CA 91761 (909) 390-9700

DCH Toyota of Oxnard 1631 Auto Center Drive Oxnard , CA 93030 (805) 988-7900


ORANGE COUNTY

Capistrano Toyota 33395 Camino Capistrano San Juan Capist.. , CA 92675 (949) 493-4100

South Coast Toyota 1966 Harbor Blvd. Costa Mesa , CA 92627 (949) 722-2000

AutoNation Toyota Irvine 9101 Research Drive Irvine , CA 92618 (949) 585-6888

Tustin Toyota 36 Auto Center Drive Tustin , CA 92782 (714) 832-3111


SAN DIEGO

Frank Toyota 2400 National City Blvd National City , CA 91950 (619) 474-5573

Toyota Carlsbad 5424 Paseo Del Norte Carlsbad , CA 92008 (760) 438-2000

Mossy Toyota 4555 Mission Bay Drive San Diego , CA 92109 (858) 581-4000

Toyota of El Cajon 965 Arnele Avenue El Cajon , CA 92020 (619) 270-3000

 

[pancakes213]

What happens when the $16,500 lease cash offer ends? Will it go back down to $14,000 or will they offer even more money? (obviously asking for guesses as we hit the final days of the offer)

 

[miimura]

What happens when the $16,500 lease cash offer ends? Will it go back down to $14,000 or will they offer even more money? (obviously asking for guesses as we hit the final days of the offer)

Sales are declining - 101 Feb, 73 Mar, 69 Apr. They need to sell 1,000 more before the Hydrogen Car comes late in 2015, so they can't let the sales drop any lower. Draw your own conclusion.

 

[sbportech]

So it looks like the lease cash was extended to 6/2, does anyone know what the residual values did?

 

[miimura]

So it looks like the lease cash was extended to 6/2, does anyone know what the residual values did?

The $299/mo deal is on Buyatoyota.com with $3,999 due at signing, apparently a $500 increase, so I'm guessing the residual dropped by about that much.

 

[pancakes213]

So it looks like the lease cash was extended to 6/2, does anyone know what the residual values did?

If anyone does, it'll be Diane. I'm awaiting an update from her to see if anything has changed.