| SCION OF EL CAJON -
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Finance - Lease Rates
| Vehicle | Max Term | Zone 1+
FICO 720+ | Zone 1
FICO 719-690 | Zone 2
FICO 689-670 | Zone 3
FICO 669-650 | Zone 4
FICO 649-630 | Zone 5
FICO 629-610 | Zone 6
FICO 609-580 | Zone 7
FICO 579-520 | | Scion New Vehicles | 60 | 0.00265 | 0.00275 | 0.00320 | 0.00390 | 0.00440 | 0.00500 | 0.00540 | 0.00640 | | Scion Certified Pre-Owned Vehicles | 60 | 0.00265 | 0.00275 | 0.00320 | 0.00390 | 0.00440 | 0.00500 | 0.00540 | 0.00640 |
| MSRP/Avg. Retail Book Value Maximum Advance* |
120% |
115% |
110% |
105% |
100% |
100% |
95% |
95% |
| *TFS standard advance policy is as follows: Applicable MSRP % / Average Retail Book Value % (from above) + Dealer Installed Options + LASH + GAP/DCA + VSA + TAC + Dealer Paid Acquisition Fee + Dealer Paid Tax, Title and License |
Qualified applicants without bureau FICO score are eligible for Zone 7, For <520 FICO scores, add 0.00040 RCF
to the Zone 7 RCF, (90% Maximum advance*; Decision Faxback 71).
PROGRAMS
• Scion Solutions College Graduate Program: NEW vehicles receive rebate and customers are eligible for Zone 1 rate and waived security deposit. SCPO customers are eligible for Zone 1 rate and waived security deposit. Rebate not compatible with SCPO.
• Scion Solutions Finance rate determined by applicable rate no lower than Zone 4 for New Scions only. Refer to program guidelines for a list of qualifications.
FEATURES
• Automatic Waived Security Deposit on Zone 1+ and Zone 1 lease agreements.
• Dealer rate participation not allowed on any Scion Solutions lease programs.
• Sign 'n Drive: FICO score of 690 and above receive applicable Zone rate, plus a waived security deposit. Refer to Sign 'n Drive checklists for additional qualifications.
• Encore: Security deposit waiver and beginning-of-term benefits are applicable; however, rate reduction for Encore is not compatible with any Scion Solutions lease programs.
• Low Mileage Lease: Add 2% to the current published residual percentages (36-60 mos.) for New only.
• Multiple Security Deposit (not available in New York): Deduct 0.00008 RCF points from qualified Zone rate for each additional security deposit (maximum of 9)
• 1 Pay Feature: Deduct 0.00100 RCF points from the qualified Zone. 1 Pay is not compatible with this program.
• Credit worthy Business Solutions: customers including those with co-applicants, receive a minimum Zone 1 rate. Co-applicants with 720+ FICO scores receive a Zone 1+ rate. Credit Life and Health/Disability (CLAH) policies is not compatible with TFS Business Solutions. Please refer to the TFS Business Solutions Lease rate letter for more details.
• Dealer-Owned Vehicle (DOV) Finance Program: lease receive an automatic Zone 1+ rate. Standard flat fees apply. All other Business Solutions terms and conditions apply. See DOV Program Guidelines for additional program details.
• SCPO: Eligible vehicles: Current year used through 3 year old Scion vehicles (65,000 miles or less), with a Scion Certification Number. Maximum terms vary based on model year. Current Year-up to 60 Months: 1 year old-up to 60 Months: 2 Years old-up to 48 Months and 3 Year old-up to 42 Months.
• TFS Acquisition Fee: All Scion lease agreements contracted with TFS are subject to a $550 Acquisition Fee.
SCION NEW VEHICLES |
SCION CERTIFIED PRE-OWNED VEHICLES |
Non-Wholesale Zone 1+ - 7 & Wholesale Zone 2-7 |
Wholesale Zone 1+ and Zone 1 |
Non-Wholesale Zone 1+ - 7 & Wholesale 1+ - 7 |
3250 |
5325 |
5200 |
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