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Toyota Avalon Lease Questions

13

Comments

  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Thanks Dan :blush: .

    I don't believe that Toyota is currently providing any lease support on the 2011 Avalon. As a result, if you were to lease one through Toyota Financial Services right now, you would have to use its standard lease program. TFS' current buy rate standard lease money factor is .00235 for consumers who qualify for its top aka "Tier I+" credit tier.

    TFS' current residual value for a 36 month, 12,000 mile per year lease of a base 2011 Avalon is 59%. The problem with this residual is that TFS places restrictions upon what options can be residualized. This makes its real-world residual values lower than its published percentages initially appear. It also makes it difficult for individual consumers to calculate accurate lease payments on specific vehicles on their own.

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

    Would you be so kind as to post the current residual and money factor for an '11 Avalon Limited, 36-month 15,000.

    Thank you,
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hello millemiglia. Toyota's lease program varies by region. In most regions its June buy rate lease money factor and residual value for a 36 month lease of a 2011 Avalon Limited with 15,000 miles per year are .00100 and 56%, respectively for consumers who qualify for its top aka Tier 1+ credit tier.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Looks like the 2013 Avalon is starting to show up at dealers now. Anyone have lease info yet?
  • romil01romil01 Posts: 75
    Car_Man,

    Looking for numbers on the new 2013 Avalon Limited (non-hybrid) for 15K/year, 36 months.
  • Hi romil01. Toyota is not providing lease support on the 2013 Avalon yet. As a result, if you were to lease one through Toyota Financial Services, you would have to use its standard lease program. The last time I checked, Toyota Financial Services' buy rate standard lease money factor was .00180 for Tier 1+ customers.

    TFS' 36 month / 15k residual value for the '13 Avalon Limited is 60%, though that's for a base vehicle without options.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Car_man, thanks for all your helpful advice to others. I've been lurking and know the kind of valuable info you provide.

    I'm looking to either purchase or lease a '13 Avalon Hybrid Touring model with Entune/XM, Sunroof, Leather seats w/memory. MSRP is $38,339, I'm getting quoted $36,839.

    Do you know how this compares?

    Thanks in advance,
    Ryan
  • johngf1johngf1 Posts: 37
    Looking for a '13 avalon premium for a good price but it seems that few '13's are available and the dealer is asking top dollar. Considering that there are so few 2013 models I guess it would be better to wait until the '14's arrive which s/b in Sept - Oct timeframe. I wanted to drive a new Avalon or ES350 to Florida but it'll have to wait untiul next year.
  • Drove a 2013 XLE Premium yesterday. It was a very nice car. I actually prefer it over the 2013 Lexus ES 350. It costs a bit less for similar options and the interior was actually higher quality than the one in the Lexus. I would be looking at a Touring or Limited if I were to lease one, though. Still can't seem to get any info on current MF or residuals for this vehicle.
  • interior was actually higher quality than the one in the Lexus? are you being serious right now?
  • No joke. The ES 350 was really cheap and the leather in the back seat was already wrinkled. It was the most pathetic $44K car I have ever seen. I drove it back-to-back with a GS 350 and the GS 350 had the nicest interior of any car I have ever been in. I kid you not, the Avalon's interior is nicer than the ES 350...most car reviewers have said the same thing.
  • sounds like were you in the nu luxe wannabe leather es350 seats. the genuine leather es350 seats do not have 1 wrinkle in them.i respect your opinion on the avalon,but the lexus's real wood on the dash and steering wheel alone puts it over the avalon for me anyday!
  • Maybe, but I am pretty sure it had actual leather, especially at the $44K price point. To each their own. To me, the ES 350 felt like a cheap imitation of the GS 350...the quality of the materials was lower and it didn't gel together into a cohesive look.
  • of course the es isnt as polished as the GS or even the LS.many can't afford a GS. but the es's ive seen at 2 car shows been beyond phenomenal.guess your right,to each his own
  • I concur, the Avalon is hands-down a better value than the ES. The GS is in a league of its own and not comparable to the other two. Toyota sales person admitted that they will be pulling away sales from Lexus with the Avalon.

    I ended up leasing a '13 hybrid recent from Acton Toyota and couldn't be happier.
  • pandtpandt Posts: 3
    Hey Car_man,

    First off, you have unknowingly assisted me in effectively leasing three vehicles, thanks!

    Okay on to our upcoming fourth vehicle:

    1. Any new info on Toyota financing residual and MF for a Avalon Touring 36 months, 15K.
    2. Any new info on Toyota financing residual and MF for a Avalon Premium 36 months, 15K.
    3. Can you shed some light on the Toyota #1 for Everyone sales event.

    Looking to make a move within the next month. Thanks!
  • shellzshellz Posts: 33
    Hello Car Man,

    Thank you for providing the rates on the MKZ. I am also looking at the Avalon Hybrid.

    Do you have the 3 year, 12k miles a year money factor and residual for the Avalon Hybrid in Texas?

    Thanks again.
  • Hi, can u please post MF and rv for 2013 avalon hybrid limited 36 mo. 15k in New York, please?
  • kyfdxkyfdx Posts: 27,671
    I'm sorry... we don't have any useful info on Toyota lease numbers for October..

    regards,
    kyfdx

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • nodtknodtk Posts: 5

    Any 2014 Avalon Limited lease MF and residual for NJ? 3 yrs/36k miles. Thanks!

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