2016 Toyota Corolla Named To Best New Car Deals List By KBB
Kelly Blue Book (KBB) has named the 2016 Toyota Corolla to its list of Ten Best New-Car Deals For February. The Corolla’s $149 lease deal earned it the spot. It is the least expensive lease on the KBB list and number five based on overall value.
KBB says that the 2016 Corolla has an MSRP of $20,830 and a Fair Purchase Price of $19,049. The lease deal KBB cites is $149 per month for 36 months with $1,999 down. Like all Toyotas, the Corolla comes with two years of included maintenance, and since the lease deal is for three years, the Corolla will be covered under its bumper to bumper warranty during the period giving buyers a fixed cost of ownership.
The 2016 Toyota Corolla features a low cost of ownership and very high fuel economy. IN its overview, KBB points out the car is “Arguably more stylish and definitely more tech-savvy than ever, the Corolla's calling card remains its famous reputation for reliability. As an added bonus, its rear-seat legroom is among best in class.” A quick search for Corolla lease deals on the internet finds that local lease deals from dealerships may even beat this one found by KBB.