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Toyota Tacoma Lease Questions

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Comments

  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi paulb67. I'll try :) . The money factor that you were quoted for this truck looks good. It is right in line with Toyota Financial Services' buy rate for it.

    The other important number to focus on when leasing is your vehicle's selling price. It's excellent that you already know what that number is. It is difficult for me to say how attractive it is, however, without something to compare it to. Let me know the MSRP or dealer invoice price of the exact truck that you are interested in, that information is available right here in the New Vehicle Pricing section of Edmunds.com, and I will be happy to ttell you what I think.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi lyric2007. $500 per month for 60 months. I'm sorry to say this, but that's a lot of money for a Tacoma :sick: . Have you finalized this deal yet? If not, it would probably be in your best interest not to.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • lyric2007lyric2007 Posts: 2
    Hi Car_man,

    Unfortunately, we already finalized the deal. My calculations included the negative equity we had on the Dodge that the dealer took on. How do dealers typically take on a trade-in that money is still owed on?
  • Just wondering if could tell me if there are any new lease rates for a 2009 Toyota Tacoma double cab 4x2. Please let me know
  • Hi-
    I'm new to leasing and for a 2010 Tacoma I was given a $330/mo, $2500 down from the dealer I went to after credit being run. I am in MA and was wondering if this is a good deal? However at the end they said we should have GAP insurance with a lease and that would add on approx. $20/month to the payment. Is it necessary to get GAP insurance or should I check with my insurance company first? Haven't finalized anything yet...have until Monday to do so.
    Thank you.
  • ck90211ck90211 Posts: 129
    I too am in market for a PU, and saw Toyota has a regional (I tried VA, MD and CA zips) special, which you can see on Edmunds.com as well, for a Tacoma double cab, 4x2 SR5 for only $209 a month ($2699 down). It's not the best deal but great for lease for now. It's a short bed (I like long), but I will take it.

    Carman, just wondering what is the money factor and residual on this Tacoma Double Cab program from Toyota. Thanks.
  • ck90211ck90211 Posts: 129
    Looks like Toyota's Sept Tacoma lease special is only for 09 Pre-runner Double Cab, and having real hard time finding one (most sold during clunker sales). Sales person thinks there might be a 2010 Tacoma lease special next month or soon.
  • jrammjramm Posts: 8
    I'm evaluating my options for a new 2010 Tacoma, DBL Cab, SR5 and was hoping to see if i could get a close approximation of a lease payment using the the residual and money factor for my area (Houston.)

    Also, having read the other comments about how TFS handles residuals will it do me any good to try to run these numbers on my own? I always like to have an idea of what I'm looking at before I sit down with the dealer, but it sounds like that may be difficult.

    Any advice would be appreciated.
  • I was just got a price for a Tacoma Double Cab 4x4 MSRP $29,724 including all taxes (NY 8.25%) and fees of $379/month with $750 down at 15k miles/yr, or $375/month with only 1st month payment down and 12k/yr. The selling price is $27559. Summary below. Is this a good deal???

    MSRP - $29724
    Selling Price - $27559
    15K/yr price - $379 w/ $750 down incl taxes (NY 8.25%) and fees
    12K/yr - $375 $0 down incl taxes (NY 8.25%) and fees
  • I was just got a price for a Tacoma Double Cab 4x4 MSRP $29,724 including all taxes (NY 8.25%) and fees of $379/month with $750 down at 15k miles/yr, or $375/month with only 1st month payment down and 12k/yr. The selling price is $27559. Summary below. Is this a good deal???

    MSRP - $29724
    Selling Price - $27559
    15K/yr price - $379 w/ $750 down incl taxes (NY 8.25%) and fees
    12K/yr - $375 $0 down incl taxes (NY 8.25%) and fees
  • well I got it for $375 month with 1st month payment down,15K miles/year
  • jrammjramm Posts: 8
    I'm hoping to get a Tacoma Double Cab before the end of the year. Can you give me an idea of the residual and money factor for my area in Houston, TX.

    I am still considering both 4x2 and 4x4 options, so the numbers for each (if different) would be helpful in my decision process.

    I'm only planning to add the sport and trailer packages, but I'm sure will have to find a near match.

    I appreciate the help.

    -Jason
  • grimace2grimace2 Posts: 1
    Can someone let me know the current residual and money factor on a 2010 Tacoma DoubleCab short bed, 4WD, automatic trans. Looking at 12000 miles year for 3 years.

    The truck I looked at has the following options:
    FE - Emissions
    OC - TRD Off-road package
    TO - Towing
    CF - Floor mats
    WL - Wheel locks

    Initial offer as follows: Sticker is 31350, offered at 29342. Residual of 18457.50 and a MF of 0.00163. Doc fee 249. Sales tax 2053.94. Tire fee 7.50. Registration fee 399.

    2000k down, 405.22/month.
  • dad23dad23 Posts: 430
    Also looking for MF and residual in Denver - 2010 Double Cab V6 4WD for 36 months, 12k miles. Thanks!
  • mc73mc73 Posts: 1
    Anyone know what the 36 month 12 and 15K residual is for a 2011 Tacoma Double Cab 4WD drive in Oklahoma? The number I'm being quoted from the dealer is about 58% but seems low. I realize Toyota doesn't do a straight percent calculation of MSRP but varies the rate based on options. I would just like to get close as 58% seems low.

    Thanks.
  • Hello CarMan,

    Would you have the current figures for 4WD Double Cab 12k/36m?
    I think Toyota are resetting rates after Monday.

    Thanks
  • topmasttopmast Posts: 2
    edited September 2011
    Hello CarMan,
    I have been negotiating a lease payment on a 2011 Tacoma 4x4 / 4door / TRD /JBL/ short bed, 15k per yr, 36mnth lease, and price I am quoted is $400/mnth w/1000 down. I have not made the deal yet, but is this a good buy? I would like to finance but monthly payment is too high. If I decide to buy the truck at end of 3year lease I could purchase it at 14,800. Is this lease deal good from S. Florida. Thanks.
  • Hey Car_man

    I am going through a lease agent and the offer presented to me for a 2013 Toyota tacoma Double Cab Long Box with TRD sport package 4X2.. details below

    Residual Value: $19,105.00
    Money Factor: .00180

    2013 New Toyota Tacoma Double Cab Sport 4x2 Long Bed

    Exterior: White
    Interior: Grey Cloth

    Options:
    TRD Sport
    V6 Tow Package
    Carpeted Floor Mats
    (see attached invoice for vehicle specs)

    MSRP: $30,015.00
    Invoice: $28,329.52
    Cap Cost/ Selling Price: 28,330.00
    36 Months/ 12K per Year (lowest mileage allocation available through Toyota)
    $2,000.00 Total Cash Down (includes 1st payment & registration)
    Monthly Payment: $366.53 Including Tax

    It sounds good to me but I am wondering if it really is a great deal/
  • After a few back and fourths with my leasing broker, we got the PF down to .00170 but the residual factor on this truck is SOOOO low. I could probably sell the truck for 25k in 3 years and make money since it will only have 25k when I am done with it (I only put 7k a year)
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