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Toyota Sienna Lease Questions

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Comments

  • kingkong5kingkong5 Posts: 1
    I'm in SoCal too! Just leased a Sienna Limited at the end of June from the dealership in Tustin. They had a promotion going on for their Siennas in stock. 0.00001 money factor on the lease with a $22,808 residual.

    My Sienna Limited FWD had a sticker of almost $45k, with NAV, the superwide DVD, crossbar racks, and the standard stuff like dual moonroofs, La-Z-Boy 2nd row seats, power 3rd row folding. Since it was the last day of the month and they really need to make the sale, we decided we could live with the color (wanted blizzard pearl but out of the colors on the lot only gray mica would work for us), if we got a substantial discount.

    Their initial offer was to lease it at $43.5k "sales price" plus TTL, and taking our trade-in at $6500 resulting in a $493/mo lease payment. Assuming we made all our payments and bought it for the residual price in 3 years, our total of payments including the trade-in would be $46.5k That wasn't going to happen, so we negotiated the price down to $38 even, got $8k for the trade, and our lease payment is $308/mo for 36 months and 36,000 miles. So in 3 years if we purchase at the residual price our total outlay would be $33.5k in payments plus $8k from our trade-in, which is $41.5k for the van, Plus sales tax on the residual portion, but that would be the same in any lease situation.

    I can live with a $308/mo lease payment on this fantastic car, and I'm so happy I got rid of my Expedition and 12MPG. We didn't get laser cruise control; not sure how well that would work on our SoCal freeways, and no HID's or Xenon's or whatever the fancy headlights are. I'm fine with that, though. Hope you can get your Sienna soon, too. I was really surprised at the low money factor, they also offered the promotional purchase financing at 0.9%APR if we wanted to go that route.
  • kiwipikekiwipike Posts: 2
    edited July 2012
    I am in negotiation with my local Toyota Dealer for a lease on a new Sienna. Our numbers differed for the lease payments. I asked where the discrepancy was and there response was sales tax on a lease was 9% vs the state 6%. Is that right?
  • kyfdxkyfdx Posts: 29,254
    In Pennsylvania?

    If so, yes... 3% extra for leases...

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • jenkay1jenkay1 Posts: 5
    edited July 2012
    Up to turn in a Limited Rav 4 in Dec and would really like to lease an XLE Sienna MSRP $34K. What would be a good lease deal? Was offered $400/mo with $2000 down last month (believe that was everything). Have excellent credit. Was thinking $375 with $1000 down would be a good deal this fall but really not that experienced at this. Live in NY, 36,000 mi lease.

    Would so appreciate advice :)
  • richqyrichqy Posts: 1
    CarMan,

    Can you please post lease numbers for the Sienna XLE please

    Residual, MF, miles.

    thank you!
  • chad75chad75 Posts: 20
    Car-Man, can you provide lease factors for southwest Florida (33901) for a 2012 Sienna XLE 7-passenger AWD, 10k-12k miles/year, 36 months? With the Premium Package.

    Thank you!

    p.s. We are cross-shopping the Sienna with the VW Routan, mostly because VW is offering massive discounts on the Routan. Is it true that the Routan gets poor gas mileage, worse than advertised by VW? How about the Sienna, does it reach its claimed MPG figures?
  • janoojanoo Posts: 15
    edited August 2012
    Hi Guys,
    Need your advice. I am in the process of negotiating a lease of a 2012 XLE AWD (loaded as it comes) with the navigation package, also come with the carpet floor mats/Door sill protector and 50 state Emissions (whatever that means). It is a 3 year lease and 12,000 per year. The final price of this deal is $430. I am putting zero down but am paying the taxes and bank fees up front and first months payment and DMV fees for a total of $2835 out the door. The dealer indicated that he will comp me the rubber matts and a remote start!!! The MSRP without the rubber matts and remote start is $38,667 Please let me know what you think?

    Thanks again.
  • ogbuffguyogbuffguy Posts: 40
    edited October 2012
    Can a host please tell me the base lease rates for a 2013 toyota sienna XLE 8 passenger for 36 months with 12k and 15k miles a year in southern california?
  • Can we get the residuals and money factors on the Sienna XLE please? 12K and 15K?

    I made this same post about 2 weeks ago on the Odyssey forum and it seems that Car Man does not frequent the minivan forums as that went unanswered and it seems many here do the same.

    When I was looking for an Infiniti, he/she would answer within a day or two!!
  • Looking for the money factor and residual for Southeast Toyota. 2013 Sienna LE/36 or 39'months/12k per year
  • Hi

    Was just offered 329/month with 1350 due (first month, reg, bank etc) plus 220 for GAP insurance.

    This is 36mnth/36k lease..... please guide me if I should grab this?
  • fvoakfvoak Posts: 1
    can you please post lease numbers for the Toyota Venza XLE V-6
  • I must say that Toyota deals are the worst to do. Just seems the dealer are the sneakyest and always try something on delivery for added profit. But I am happy with this deal as it was about $60 cheaper than 15+ other dealers. Its very well equipted with Convenience package, Limited Premium package, Roof Rack Cross Bars, Carpeted mats/Door sill protector and mudguards. MSRP - $47,846.00 Leased it for 36 months and 12,000 miles per year at $560.19 per month and total drive out of $954.48. The drive off included 1st month, DMV and Gap Insurance. Can you believe Gap Insurance is an option with Toyota Leases... who would lease a car without Gap Insurance... its included on every other lease I have ever done. See the breakdown of the lease below!

    CUSTOMER DISCLOSURE
    Customer Name: Inside Car Buying, LLC WD Deal ID: 65412
    Sale Vehicle: New 2013 TOYOTA SIENNA AWD 5386 4dr Wgn Limited V6 w/AC , Automatic , Odom: 0


    Payment Details
    Term 36
    Base Payment 526.74
    Total Payment 560.19
    Purchase Option 24,455.00
    MSRP 47,846.00
    Est. Miles Per Year 12,000
    Disposition Fee 350.00
    Excess Mileage Charge 0.15



    Amount Due at Signing

    1st Month Payment 560.19
    Fees & Insurance 340.89
    Upfront Taxes 53.40
    Total Inception Fees 954.48
    Rebate as Cap Reduction 500.00
    Total Drive Off 1,454.48

    Total Cash Required on Delivery 954.48


    Tax Information
    Customer State: Connecticut Customer County: FAIRFIELD
    Type Amount Rate Paid
    Cashdown Tax 53.40 6.3500 Upfront
    Monthly Tax 33.45 6.3500 Capped

    Fee Information
    Description Amount Paid
    Reg 265.89 Upfront
    DocFee 75.00 Upfront
  • acehawkacehawk Posts: 20
    What's the current money factor (MF) and residual % for 36 months and 12k/yr on the XLE and the SE model?
  • yoeshimanyoeshiman Posts: 1
    Hi Carman,
    I'm a first time leaser - wondering what the MF and residual is for the Toyota Sienna Limited AWD for 36 months & 12k/year - We're in WA. Thanks in advance!!
  • rjoh1969rjoh1969 Posts: 9
    Can anyone make sense of this lease quote?

    MSRP: $39,100
    Sales price: $35,863
    Lease cash: $1000
    Acquistion Fee: $650
    Residual: $19,566
    MF: .00001 or .024%
    Tax Rate: 7.75% in OH
    First payment and fees of $320 due at signing or $815.

    The payment being quoted is $495/month for 36 months. My calculations show it should be $478/month. The only thing I can come up with is the money factor not being able to be combined with the lease cash (rebate). Thanks in advance for your input.
  • jlkhjlkh Posts: 12
    Can someone please post the residual values for the Sienna Limited AWD for a 36 month 12k/yr lease in Illinois?
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi jlkh. Toyota Financial Services' June buy rate lease money factor for a 36-month lease of a 2013 Sienna in its Chicago region is an extremely attractive .00001.

    The residual value for this model is a little more difficult to determine. The 36-month, 12,000 mile per year residual value percentage for a base 2013 Sienna Limited AWD is 55%. However this is misleading because TFS places restrictions and caps upon what options can be residualized, making he effective residual value for this model likely somewhat lower than that. This unusual policy makes it difficult for individual consumers to work up accurate lease payments on specific vehicles on their own.

    In the Chicago area Toyota is providing an a solid $1,500 cash incentive on leases of this van. Make sure to take it into account during your negotiations.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hi Car_man,

    I am looking to Lease a 2013 Camry Hybrid LE (Ford Fusion Hybrid other option) plus a Toyota Sienna LE lease in South Florida.

    For both the cars I have been offered
    MF is 0.00045 and residual is 63%
    But dealer is basing the selling price to be very close to invoice and state they cant offer the tru car pricing because cash incentives dont apply to the lease.
    Can you please provide details for both the car and the van in south east for July?


    Also any recommendation if the Excess Wear and Tear package offered for 595+tax is worth?
  • jojo2011jojo2011 Posts: 1
    Looking to help my sister-in-law consider a lease on a Toyota Sienna. Not sure if you can give me the MR and RV for a 2013 model. Sounds like Toyota has some regional differences, and I suspect Hawaii won't be a very competive deal.

    Thanks!
  • alex801alex801 Posts: 2
    Just signed my first lease for 2013 Sienna XLE. 36 month 15K mi $3,100 out of pocket (trade) and 35 payments of $289. MSRP around $35,500. Does it sound like a good deal? I’m in West Palm Beach.
  • Alex801

    you did great, I am almost at the end of my Sienna XLE lease and i'm in excess of $500 per month for the same mileage allowance, however zero down. We were in the market for a rare color for our area (red) so we coudln't get the money factor down, but the LE's at that time was leasing at $389/month with money down.

    good job did you need to negotiate?
  • Doing this deal tomorrow:

    MSRP $47,645

    Sale Price before $1500 lease subvention cash is $41,480. Putting an additional $1500 down on a 36 month lease with 12K miles per year. Residual $24131, MF .00001. Add $650 acquisition fee. Monthly payment including 7.75% tax rate is $479/month.
    Sign and drive payment would have been roughly $520/month.
  • Car Man

    Toyota Sienna LTD

    Can you give me the August 2013 MF and Residual Value for a 36mth, 12 mile per year lease in Massachusetts.

    As always, thanks for your assistance
  • arizonaicearizonaice Posts: 8
    edited May 15

    Posted in the wrong forum -- Thanks!

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