What is the Lowest Interest Rate on a 2008 Toyota Prius?
Results of a survey that was conducted to know- “What is the Lowest Interest Rate on a 2008 Toyota Prius”- are given here. Different banks are providing interest facility for this car at different rates.
Some listings are given according to survey, which was held on 3/7/08. Along with the interest rates of 2008 Toyota Prius, interest rates of 2008 Toyota Prius Base and 2008 Toyota Prius Touring is also given.
2008 Toyota Prius Interest Rate Calculations
60 Month – Residual 40% of MSRP – .00235 Base Rate
48 Month – Residual 51% of MSRP – .00235 Base Rate
36 Month – Residual 60% of MSRP – .00235 Base Rate
24 Month – Residual 67% of MSRP – .00235 Base Rate
Formulas to Calculate the Lease Payment
(Cap Cost – Residual Value) / Term = Depreciation
(Cap Cost + Residual Value) X Money Factor = Interest
Depreciation + Interest = Base Monthly Payment
So, the lowest interest rate on a 2008 Toyota Prius can be calculated based on the abovementioned facts and figures, and you can also consult local dealers or vendors who offer good interest rates on auto loans.
Some bank lease programs for these versions are accessible via independent leasing source LeaseCompare.com.
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