2015 Toyota Sienna XLE Lease Residual value,Money factor for Bay Area, CA ?

supynn

For Lease: What is the 2015 Toyota Sienna XLE Residual value ? Money factor? for Bay Area, CA ?
For 12000 miles/yrs , 3 year
Thanks

kyfdx

supynn said:

For Lease: What is the 2015 Toyota Sienna XLE Residual value ? Money factor? for Bay Area, CA ?
For 12000 miles/yrs , 3 year
Thanks

We don't have any lease information on the Sienna.. The money factor is probably pretty high.. (.0018-.0020 range).

supynn

4.32 % , that's high ? Why no Residual value, isn't the 2015 Toyota Sienna already on sale ?

kyfdx

supynn said:

4.32 % , that's high ? Why no Residual value, isn't the 2015 Toyota Sienna already on sale ?

Yes... but, we don't have the information.

supynn

I'm in for 2015 Sienna XLE Lease , but for others interested in OLD 2014 Model, Toyota Fincnace offer expire 1/5/2015,hopefully new 2015 Sienna XLE Lease will offer after 1/5/2015 or earlier because 2015 honda odyssey offer much better terms.

Anyway , here is the current "OLD" 2014 Sienna Lease offer

• Lease applies to new 2014 Sienna LE (8 passenger)
  
• $4,299 due at signing (JUST $3,099 due at signing after $1,200 Lease Bonus Cash is applied.)
  
• Includes Two Years No-Cost Maintenance - Click to See All the Benefits of Toyota Care
  

Offer Details

Offer excludes applicable taxes, license, and fees. Lease is example only and applies only to new 2014 Toyota Sienna Model #2014 Models 5338. Lease available only through Toyota Financial Services to well-qualified buyers with premium-rated credit. No security deposit required. You pay excess wear and tear, plus $.15 per mile over 24,000 miles at lease end. Bonus Cash is only available through TFS and must be applied to special lease offer. Lease payments may vary from dealer to dealer based on final negotiated price and equipment chosen. Example vehicle may not be available at all dealers. Dealer fees may apply. Must take delivery by 2015-01-05.

ToyotaCare covers normal factory scheduled service for 2 years or 25K miles, whichever comes first. The new Toyota vehicle cannot be part of a rental or commercial fleet, or a livery or taxi vehicle. See participating dealer for complete plan details. Valid only in the continental United States and Alaska.

mninyc

I got this lease:
2015 Sienna Limited Premium AWD
First month Lease Plus DMV due at signing
Monthly Payment 570 a month.

Did I get a decent deal?

Michaell

mninyc said:

I got this lease:
2015 Sienna Limited Premium AWD
First month Lease Plus DMV due at signing
Monthly Payment 570 a month.

Did I get a decent deal?

Not enough information ... what was the MSRP? Selling price? Lease term and miles per year?

mninyc

MSRP was 47,035 I think. Sell price was 42,600. Miles: 10,000 per year. 39 month lease.

Michaell

mninyc said:

MSRP was 47,035 I think. Sell price was 42,600. Miles: 10,000 per year. 39 month lease.

I don't have any lease numbers for the Sienna, but it seems expensive. If I guess on the MF (.00150) and residual (60%), I get a pre-tax payment of $474.92

supynn

mninyc said:

I got this lease:
2015 Sienna Limited Premium AWD
First month Lease Plus DMV due at signing
Monthly Payment 570 a month.

Did I get a decent deal?

What is the actual MF and residual Value on your Lease agreement ? 3.6% is not a good deal , 2015 honda odyssey offer much better terms right now.

Anyone with the 2015 Toyota Sienna XLE, 36 mos lease , please share your terms.Thanks

Michaell

supynn said:

mninyc said:

I got this lease:
2015 Sienna Limited Premium AWD
First month Lease Plus DMV due at signing
Monthly Payment 570 a month.

Did I get a decent deal?

What is the actual MF and residual Value on your Lease agreement ? 3.6% is not a good deal , 2015 honda odyssey offer much better terms right now.

Anyone with the 2015 Toyota Sienna XLE, 36 mos lease , please share your terms.Thanks

I didn't say the MF as .00150; I simply guessed at what it might be and ran the numbers.

Some Toyota models have very low MF (.00001), while others aren't referenced at all, which leads me to believe they are pretty high. Toyota leases are very hard to decipher - regional numbers, options not residualized, etc.

Much easier to lease a Honda, for sure.

supynn

Anyone with the 2015 Toyota Sienna XLE, 36 mos lease , please share your terms.Thanks

supynn

Anyone with the will have a new lease term for 2015 Toyota Sienna XLE, 36 mos lease , please share your terms.Thanks

Michaell

supynn said:

Anyone with the will have a new lease term for 2015 Toyota Sienna XLE, 36 mos lease , please share your terms.Thanks

No lease numbers for 2015 Seinna, sorry.