2023 Toyota bZ4X Now Cheaper To Lease Than Camry Hybrid

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2023 Toyota bZ4X Now Cheaper To Lease Than Camry Hybrid
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The bZX is listed in in Northern California with a monthly payment of $389 for 36 months with $4,999 due at signing, compared to $469 with $2,999 for the Camry.

Toyota is trying to make its bZ4X electric SUV more attractive to US customers and its latest lease deals are clearly targeted at achieving that.is significantly more advantageous to lease than one of the staples of the brand's US lineup, the Camry Hybrid.

Although the all-electric SUV is over $12,000 more expensive to buy outright than the hybrid sedan, lease deals are clearly in the EV's favor.is listing the bZX with a monthly payment of $389 for 36 months with $4,999 due at signing. At the same time, the 2023 Toyota Camry Hybrid LE is offered for $469 with $2,999 due at signing. If you do the math, the effective cost of the bZ4X comes in at $528 per month, compared to $552 per month for the Camry.

As for the lease terms, the Camry has a slightly higher residual value , but the lease fees are nearly identical and equivalent to about 6 percent APR.That's not bad considering the fact that the bZ4X lease deal is based on an MSRP of $43,835, while the Camry Hybrid's contract is based on a sticker price of $31,584.

Lease prices for the Toyota bZ4X have dropped significantly in recent months, with the automaker even paying its own dealers up to $10,000 in August to lease the bZ4X for themselves. The Toyota bZ4X is not the cheapest EV to lease, but these new deals may help the automaker deliver more vehicles, especially since Toyota dealers are continuing to see car shortages.

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