Thanks KYFDX. They bumped us up to a black SR5 Premium (with leather and remote start) and an MSRP of $40,408 for the same monthly payment of $412. The new residual is $22,643. We will probably purchase it at the end of the lease. It seemed like a much better deal so we took it. Thanks again for your help.
@ronnyme77 said: Hi Kyfdx - Need your assistance. I am looking for SR5 Premium/regular model with 3rd row seats (compulsory) in Memphis, TN.
What is the MF and residuals on 24/12 and 36/12. I dont want to pay more than $350 a month on my lease. Please advise if I can get a 4runner lease for around $350 with zero down?
thanks
.00185 MF. No residual information available.
Without knowing the MSRP and selling price, we won't be able to model a payment, though $350/mo does seem a bit of a stretch.
Kyfdx - A dealer in Arkansas gave me the following OTD prices.
All have 3rd row seating. When I asked her for lease quotes she said only SR% Prem is available and quoted me a lease of $554.28 per month. I dont know where she got his rate. With a quote of $35,983 what is the best lease deal I can get for 12000/36 months lease. Zero down.
I have asked her if she can send me the calculations so that I can check.
I am trying for a SR5 black 3rd row seating for OTD of $35,000. Has anyone done that kind of deal here. Once I have this price I would try to negotiate a lease of $350 per month. Lets see how for I can go.
Any NJ numbers on a trail premium sales price $37981 w/ msrp $40161.
MF? RV?
I've got a MF of .00147 for 36 months, but no residual information. Be advised that Toyota leases don't always work the same as other manufacturers; they don't residualize options the same way.
What are the current MF and residuals for a 36 mos/12k and 15k lease on a 2014 4Runner: SR5 and SR5 Premium
MF of .00147 for 36 months, but no residual information. Be advised that Toyota leases don't always work the same as other manufacturers; they don't residualize options the same way.
I can't make the numbers work exactly as you quote them.
With an MSRP of $39,150 and a net cap cost of $36,268, a residual of 59% and the MF of .00147, I get a pre-tax payment of $453.09/mo for 36 months.
As previously noted, Toyota leases are extremely difficult to calculate. Individual options are not residualized, so the residual value of $22,866 isn't a straight percentage of the MSRP, as it is for all other manufacturers. However, 59% is pretty close (residual value is $23,098.50), so the monthly payment doesn't change all that much.
If you're comfortable with the selling price and we've confirmed the MF, then this looks like a pretty solid deal.
@Michaell - I decided to put in $1000, does this calculation look legit to you. Please advise. Can you decipher this lease and let me know if this is fine. I am leasing this car out of town so I would be filling a credit application form and then they would send in the car through road i.e. they have drivers who will drive it to me and then get the papers signed. This is my first time so dont know if this is fine. Please advise.
@Michaell - One more question, just heard from a dealer in Dallas, TX. She is saying that we can not lease a vehicle to someone who lives in another state because your residual is different from ours and we are not licensed to write lease's in other states. You can purchase using your tax rate but not lease. what you need to do is find a leasing company in your state that will purchase this vehicle at the price we are offering you and then you lease it from them. Is that true. No other dealer told me this stuff.
I am trying to lease it from a dealer in AR and I live in TN.
What is a balloon note. I don't know anything about that
A balloon note is a loan, with a lower payment than a traditional loan, and then a big balloon payment due at the end of the payment period. It's not the same as a lease.
You'll notice your paperwork mentions "balloon amount" and not "residual", and "amount financed", and not "CAP cost". Those terms, balloon and amount financed, are not usually used with a lease.
Need help trying to figure out if this lease is a bad deal because the monthly payment seems high. 15k/36 month. MSRP 36420 for SR5 premium. selling price 34650 with 552 monthly payment.
Need help trying to figure out if this lease is a bad deal because the monthly payment seems high. 15k/36 month. MSRP 36420 for SR5 premium. selling price 34650 with 552 monthly payment. Austin, TX
Hard to say, given the scarcity of lease information.
But, in Texas the entire purchase price ($34,650) is subject to sales tax, which increases the monthly payment.
Hi I was given a MF of .00110 and a Residual of $25,684 on a Trail Premium with an MSRP of $39,545 and a sale price of $37,581. 36 months 10k miles. I calculate payment should be around 400 even, does this seem right? All taxes and fees would be out of pocket. NY area. Please advise, thanks...
Hi I was given a MF of .00110 and a Residual of $25,684 on a Trail Premium with an MSRP of $39,545 and a sale price of $37,581. 36 months 10k miles. I calculate payment should be around 400 even, does this seem right? All taxes and fees would be out of pocket. NY area. Please advise, thanks...
The residual pct. works out to about 65% with your numbers ... I'm getting a pre-tax payment of $404.80/mo with your numbers.
The only MF I have is .00160 for the 2015 4Runner .. if this is a 2014 your quote is for, I can't confirm the MF.
Hi I was given a MF of .00110 and a Residual of $25,684 on a Trail Premium with an MSRP of $39,545 and a sale price of $37,581. 36 months 10k miles. I calculate payment should be around 400 even, does this seem right? All taxes and fees would be out of pocket. NY area. Please advise, thanks...
The residual pct. works out to about 65% with your numbers ... I'm getting a pre-tax payment of $404.80/mo with your numbers.
The only MF I have is .00160 for the 2015 4Runner .. if this is a 2014 your quote is for, I can't confirm the MF.
The money factor is not from toyota it would be from an outside bank that is local and I have dealt with before I have confirmed money factor with bank. It is for a 2015.
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What is the MF and residuals on 24/12 and 36/12. I dont want to pay more than $350 a month on my lease. Please advise if I can get a 4runner lease for around $350 with zero down?
thanks
.00185 MF. No residual information available.
Without knowing the MSRP and selling price, we won't be able to model a payment, though $350/mo does seem a bit of a stretch.
Kyfdx - A dealer in Arkansas gave me the following OTD prices.
1. 1. SR5 regular (black) - $35,983
2. SR5 Prem (Gray) - $39,520
3. SR5 Prem (Black) - $38,441.
All have 3rd row seating. When I asked her for lease quotes she said only SR% Prem is available and quoted me a lease of $554.28 per month. I dont know where she got his rate. With a quote of $35,983 what is the best lease deal I can get for 12000/36 months lease. Zero down.
I have asked her if she can send me the calculations so that I can check.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
SR5 and SR5 Premium
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thanks@ michaell
1. Total OTD for SR5 prem black 3rd row seats - $36,268
2. Residual - $22,866
3. Int Rate - 3.53% i.e 3.53/2400 = MF = .00147
4. Monthly Lease = $443
5. Zero down
Total value of car after 36 months = 443*36 = 15948+22866 = $38814.
Is this a good deal or can I get better deals? Please advise asap
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With an MSRP of $39,150 and a net cap cost of $36,268, a residual of 59% and the MF of .00147, I get a pre-tax payment of $453.09/mo for 36 months.
As previously noted, Toyota leases are extremely difficult to calculate. Individual options are not residualized, so the residual value of $22,866 isn't a straight percentage of the MSRP, as it is for all other manufacturers. However, 59% is pretty close (residual value is $23,098.50), so the monthly payment doesn't change all that much.
If you're comfortable with the selling price and we've confirmed the MF, then this looks like a pretty solid deal.
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I am trying to lease it from a dealer in AR and I live in TN.
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What is a balloon note. I don't know anything about that
@kyfdx - what's a ballon note, please advise
You'll notice your paperwork mentions "balloon amount" and not "residual", and "amount financed", and not "CAP cost". Those terms, balloon and amount financed, are not usually used with a lease.
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But, in Texas the entire purchase price ($34,650) is subject to sales tax, which increases the monthly payment.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
The only MF I have is .00160 for the 2015 4Runner .. if this is a 2014 your quote is for, I can't confirm the MF.
Edmunds Price Checker
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Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige