Next step down in the economy: monthly rent a car

http://losangeles.craigslist.org/lgb/cto/1022073003.html

Whether you need a car for business,
pleasure or as a replacement while your
car's in the shop for repair,
Toyota Rent a Car has the car for you!

Toyota Rent-A-Car of Long Beach is proud to come to the rescue with Monthly Rental of a 2009 Toyota Corolla for only $500 per month.

Why go to another rental agency when you can rent directly from Toyota? Toyota Rent a Car utilizes only the latest model Toyota vehicles, making it a superior rental experience. Whether your rental needs are for pleasure, business or special events, Toyota Rent a Car provides the legendary quality available only at Toyota.

Renting Through Toyota Rent a Car Means That You Can:
• Test-drive a new Toyota model before your next lease or purchase.
• Drive away in the latest model Toyota while your vehicle is being serviced at the dealership.
• Enjoy a long weekend getaway in a current Toyota model.
• Rent a comfortable, roomy Toyota for out-of-town guests or a business trip.
• Try something different, like the exciting new Tundra, Highlander or Camry.

Here are the list of vehicle that we offer:

- $500 per month

 

There was another thread about all the unsold cars a few weeks back. There's a place south of Dallas that has acres and acres of unsold import SUVs parked, as far as the eye can see.

That place is referenced in this article, as well as Long Beach:

http://www.reuters.com/article/domesticNews/idUSTRE4B61NA20081207?feedType=RSS&feedName=domesticNews&rpc=22&sp=true

 

Ford dealership in my area is offering a 2009 four door Ford Focus for $9,260. $0 down and 0 percent APR for 36 months. So after taxes, you're looking at around $10 grand or about $3,300 a year. Even a journalist can afford that. Under $280 a month (again that's with 0 down and no trade in). If you can get $1,000 for a trade in, shit, your looking at a really low payment.

 

I don't understand. You could get a new Corolla for substantially less than that. Is this just for people who can't afford financing, or what?

 

You can get a new Corolla for less than $9,260?

 

I'm guessing he meant you can get a Corolla for less than $500 a month.

 

People probably can't do a down payment. Also students, and newer workers who don't have large savings accounts may not be buying cars because they are afraid of losing their jobs; or not being able to make payments down the road.

 

Yeah, I thought $500/mo. was pretty steep for a car, though I thought it might be about right for Cali. You can get a much better car in my area for that.

 

That's actually pretty good. I know some people, granted they were younger, who were paying 600-700 dollars a month for shitty vehicles.

 

My guess is that it's aimed at people who need to rent a car for substantial period of time, not as a replacement to leasing or buying a car.

 

Sorry ... I meant less than that per month ... which is what most people on a budget care most about.

I couldn't afford $500 a month for a car right now, that's for damn sure.