2015 Toyota Sienna Lease Questions

2020vision

looking for MF, residual for XLE premium and limited premium, 36/12 and 39/12, boston. TY

Michaell

leatherman1 said:

Hello, I would like to know the MF & Residual for a 2015 Sienna L and LE 24 & 36 months in Mississippi. Thanks

68% for 24/15 and 59% for 36/15 on the L. Subtract 2% for the LE. 

.00003 for 24 months; .00095 for 36 months. 

kms34655

Good morning. Looking for the MF and residual for a 2015 Sienna XLE 36mo/12K per year.

Also, dealer says that the Toyota special lease terms can't be used with the $1,500 manufacturer to dealer cash. Is that true? I'm skeptical since that's not general knowledge that the dealer is getting that from Toyota. Thanks.

kyfdx

2020vision said:

looking for MF, residual for XLE premium and limited premium, 36/12 and 39/12, boston. TY

.00001 MF and 57%/54% residual for XLE Premium, 54%/51% residual for Limited Premium

kyfdx

kms34655 said:

Good morning. Looking for the MF and residual for a 2015 Sienna XLE 36mo/12K per year.

Also, dealer says that the Toyota special lease terms can't be used with the $1,500 manufacturer to dealer cash. Is that true? I'm skeptical since that's not general knowledge that the dealer is getting that from Toyota. Thanks.

.00001 MF and 59% residual.

That is almost always true for Toyota leases. No purchase incentives are applicable

kms34655

kyfdx said:

2020vision said:

looking for MF, residual for XLE premium and limited premium, 36/12 and 39/12, boston. TY

.00001 MF and 57%/54% residual for XLE Premium, 54%/51% residual for Limited Premium

I forgot to mention I'm in Florida. Dealer is telling me 66% residual but with 0.00095 MF.

exlurker

Hi, I would like to know the MF and residual for XLE with Nav. in NY/NJ/PA (36mo/12K). Also, is $550 lease cash (or other incentives) still available?

Thanks,

kyfdx

exlurker said:

Hi, I would like to know the MF and residual for XLE with Nav. in NY/NJ/PA (36mo/12K). Also, is $550 lease cash (or other incentives) still available?

Thanks,

57% residual, unless it's XLE Premium (55%) or XLE w/AAS (53%)

.00001 MF and $550 lease cash.

mom_2_3

Hi checking on mf & residual for XLE in Northern Indiana 36 mos 12/15k and if $550 lease cash available. thanks!

kyfdx

mom_2_3 said:

Hi checking on mf & residual for XLE in Northern Indiana 36 mos 12/15k and if $550 lease cash available. thanks!

36/12:

57% residual, unless it's XLE Premium (55%) or XLE w/AAS (53%)

.00001 MF and $550 lease cash.

Subtract 2% for 15K/yr

2020vision

Looking for residual and MF for XLE with NAV package in Boston for a 36/12. (not a premium, not AAS)

Michaell

2020vision said:

Looking for residual and MF for XLE with NAV package in Boston for a 36/12. (not a premium, not AAS)

FWD or AWD?

2020vision

Michaell said:

2020vision said:

Looking for residual and MF for XLE with NAV package in Boston for a 36/12. (not a premium, not AAS)

FWD or AWD?

AWD, but does it matter?

kyfdx

2020vision said:

Michaell said:

2020vision said:

Looking for residual and MF for XLE with NAV package in Boston for a 36/12. (not a premium, not AAS)

FWD or AWD?

AWD, but does it matter?

.00001 MF and 57% residual

houstonian4

Hi! Looking at a Toyota Sienna Limited in Houston. MSRP 44676 Selling Price 40123+TTL
Looking at 3 year 12k/year lease. Can you advise on residual, money factor and expected payment.
We will assume paying Taxes upfront.

thanks in advance

Michaell

houstonian4 said:

Hi! Looking at a Toyota Sienna Limited in Houston. MSRP 44676 Selling Price 40123+TTL Looking at 3 year 12k/year lease. Can you advise on residual, money factor and expected payment. We will assume paying Taxes upfront. thanks in advance

54% and .00001. With your MSRP and selling price I get a payment of $445/mo

houstonian4

Thank you . Much appreciated.

2020vision

offered this deal in Boston
XLE 7 passenger AWD + navi +mudguards+carpet+roof rails
MSRP 39,704
quoted cap cost 35,897
36/12,000
monthly payment 372
due at signing 1,600 (which includes first month payment)

I calculate a monthly payment of 392 with the above numbers which made me suspicious initially. However, the probably did not figure the 700 lease rebate into his quoted cap cost. If you take his quoted cap cost of 35,897 and subtract 700, I get a net cap cost of 35,197. This would be consistent with a monthly payment of 372.

A couple of things learned along the way.
1) Don't ask for the cap cost, instead ask for the net cap cost. The net cap cost is the gross cap cost minus and capitalized cost reductions. Sometimes a cap cost reduction is a benefit to you (see my example above). Other times the dealer will use quote a good cap cost, but won't mention cap cost reductions that you owe until your signing.

Example, another dealer quoted me 359 payment on a similar car with a slightly higher MSRP of 39,769, and a quoted cap cost 35,278. But they conveniently left off their quote they wanted 2,400 due at signing. If you do the math, the total costs over the entire 36 month lease are actually worse even though their quoted monthly payment and quoted "cap cost" were better than another dealer.

2) Think hard before getting and XLE premium vs XLE + navi. I calculated an additional $20 per month for the XLE premium, and the only difference is a DVD player. I have 3 kids, but 20/month is lot IMO.

Questions: this forum seems to concentrate on the front end lease costs. What about the back end? Are there "typical" back end costs for Siennas (disposition fees, fees if I want to buy out the car?). How can we best educate ourselves so that we don't negotiate a good upfront, but lose money on the backend?

Michaell

2020vision said:

offered this deal in Boston
XLE 7 passenger AWD + navi +mudguards+carpet+roof rails
MSRP 39,704
quoted cap cost 35,897
36/12,000
monthly payment 372
due at signing 1,600 (which includes first month payment)

I calculate a monthly payment of 392 with the above numbers which made me suspicious initially. However, the probably did not figure the 700 lease rebate into his quoted cap cost. If you take his quoted cap cost of 35,897 and subtract 700, I get a net cap cost of 35,197. This would be consistent with a monthly payment of 372.

A couple of things learned along the way.
1) Don't ask for the cap cost, instead ask for the net cap cost. The net cap cost is the gross cap cost minus and capitalized cost reductions. Sometimes a cap cost reduction is a benefit to you (see my example above). Other times the dealer will use quote a good cap cost, but won't mention cap cost reductions that you owe until your signing.

Example, another dealer quoted me 359 payment on a similar car with a slightly higher MSRP of 39,769, and a quoted cap cost 35,278. But they conveniently left off their quote they wanted 2,400 due at signing. If you do the math, the total costs over the entire 36 month lease are actually worse even though their quoted monthly payment and quoted "cap cost" were better than another dealer.

2) Think hard before getting and XLE premium vs XLE + navi. I calculated an additional $20 per month for the XLE premium, and the only difference is a DVD player. I have 3 kids, but 20/month is lot IMO.

Questions: this forum seems to concentrate on the front end lease costs. What about the back end? Are there "typical" back end costs for Siennas (disposition fees, fees if I want to buy out the car?). How can we best educate ourselves so that we don't negotiate a good upfront, but lose money on the backend?

Most manufacturers have a 'disposition fee' that you pay if you turn in the car at the end of the lease. Can't be avoided unless you lease another car from the same manufacturer.

There aren't any fees I'm aware of if you want to buy the car at the end of the lease.

epic_dude

Arrrghh...
I initially wanted to lease a Camry, wife said "old people's car, need something cooler". Looked at Venza (if you can call that "cooler" - great deals, btw), but in the end figured out that we are really practical people, and need a practical car for the family (3rd row seating and a lot of cargo space). Sienna is not as "cool" as the Highlander, but I couldn't find any awesome deals for the Highlander, I guess the new model is still too popular. So, I'm here to see if I could make Sienna numbers work for us. Long story, sorry.
Could you please provide the July numbers (MF, RV) for Sienna L, and LE. Leases we are looking at are 24 months, 12 and 15k and 36 months, 12k and 15k. We are in MA.

As always, any help is greatly appreciated.
Thanks!

Michaell

epic_dude said:

Arrrghh...
I initially wanted to lease a Camry, wife said "old people's car, need something cooler". Looked at Venza (if you can call that "cooler" - great deals, btw), but in the end figured out that we are really practical people, and need a practical car for the family (3rd row seating and a lot of cargo space). Sienna is not as "cool" as the Highlander, but I couldn't find any awesome deals for the Highlander, I guess the new model is still too popular. So, I'm here to see if I could make Sienna numbers work for us. Long story, sorry.
Could you please provide the July numbers (MF, RV) for Sienna L, and LE. Leases we are looking at are 24 months, 12 and 15k and 36 months, 12k and 15k. We are in MA.

As always, any help is greatly appreciated.
Thanks!

L 66% (24/15) and 57% (36/15)
LE 61% (24/15) and 52% (36/15)

Add 2% for 12K

.00001 MF

exlurker

How much should I expect to pay for gap insurance? I live in NY (where gap insurance is required to be included in the lease), but am leasing a car in PA (where it is not included). Dealer says its something like $800, which seems like a lot. Are these amounts fixed by Toyota finance?

Michaell

exlurker said:

How much should I expect to pay for gap insurance? I live in NY (where gap insurance is required to be included in the lease), but am leasing a car in PA (where it is not included). Dealer says its something like $800, which seems like a lot. Are these amounts fixed by Toyota finance?

I don't have any information on GAP cost ... call a few Toyota dealers and see what they have to say.

jhh6

I just leased a sienna xle premium awd in New York and paid $190 for gap insurance.  The finance lady didn't act like it was required but I wanted it. It was sold directly through Toyota financial. 

Maybe the dealer can mark it up?

also, there is $700 lease cash available

nyccarguy

jhh6 said:

I just leased a sienna xle premium awd in New York and paid $190 for gap insurance.  The finance lady didn't act like it was required but I wanted it. It was sold directly through Toyota financial. 

Maybe the dealer can mark it up?

also, there is $700 lease cash available

GAP Insurance is written in to ALL leasing contracts in New York State by law. There is NO NEED to purchase extra GAP coverage.

nyccarguy

exlurker said:

How much should I expect to pay for gap insurance? I live in NY (where gap insurance is required to be included in the lease), but am leasing a car in PA (where it is not included). Dealer says its something like $800, which seems like a lot. Are these amounts fixed by Toyota finance?

On a vehicle like the Sienna (Toyota) which holds its value quite well, I don't think there is a need to purchase GAP insurance on a lease. It is just extra profit for the dealer.

sfromwa

Hi,

I'm looking for residual, mf, and any lease cash options in WA on a Sienna Limited. Thanks in advance!

Michaell

sfromwa said:

Hi,

I'm looking for residual, mf, and any lease cash options in WA on a Sienna Limited. Thanks in advance!

Lease term MF miles per year?

sfromwa

Sorry! For either 24/12 or 36/12. Thanks!

Michaell

sfromwa said:

Hi,

I'm looking for residual, mf, and any lease cash options in WA on a Sienna Limited. Thanks in advance!

sfromwa said:

Sorry! For either 24/12 or 36/12. Thanks!

.00001 and 63% or 54%

Quaker

What are the current money factors and residuals for the Sienna Limited and Limited Premium for a 36-month lease with 10,000 miles per year and 12,000 miles per year? Location is Las Vegas, NV. If there is a difference between FWD and AWD, please advise. Thanks!

Michaell

Quaker said:

What are the current money factors and residuals for the Sienna Limited and Limited Premium for a 36-month lease with 10,000 miles per year and 12,000 miles per year? Location is Las Vegas, NV. If there is a difference between FWD and AWD, please advise. Thanks!

.00001 MF for all Siennas this month.

Limited (FWD & AWD) - 54%

Limited Premium FWD - 52%

Limited Premium AWD - 53%

Toyota doesn't offer 10K leases in all parts of the country; if available, add 1% to the 12K residual

emad86

Looking for sienna se premium mf rv  and non premium for 24/12k 36/12k. Located in south Florida.. Thank u guys for a great job you do!!

Michaell

emad86 said:

Looking for sienna se premium mf rv  and non premium for 24/12k 36/12k. Located in south Florida.. Thank u guys for a great job you do!!

61% and .00003 for 24/12

52% and .00077 for 36/12

oh43054

Any idea of August incentives for sienna from Toyota. When are the 2016s going to hit the lots. I am in the market to buy a XLE Premium FWD in Blizzard Pearl/Bisque in the Chicago area. Any one see any good deals on these lately? Debating on whether to wait for the 2016s..

Michaell

oh43054 said:

Any idea of August incentives for sienna from Toyota. When are the 2016s going to hit the lots. I am in the market to buy a XLE Premium FWD in Blizzard Pearl/Bisque in the Chicago area. Any one see any good deals on these lately? Debating on whether to wait for the 2016s..

Crystal ball is murky .. no idea what August numbers will look like.

Better deals on the 2015's at the moment, but inventory will get thin the longer you wait.

dsinvirginia

Need MF and Residual for
XLE Premium 8-Passenger FWD
36 months / 10,000 and 12,000
Lease cash available?
Virginia 23114

Thanks

Michaell

dsinvirginia said:

Need MF and Residual for
XLE Premium 8-Passenger FWD
36 months / 10,000 and 12,000
Lease cash available?
Virginia 23114

Thanks

55% or 56% residual and .00001 MF. $550 lease cash.

dsinvirginia

The guy at the dealer originally tried to hide the lease cash, but when I brought it up he said, "oh ya, it's $750". They had a list of promotions posted on the wall which also showed $750.

Please verify/correct your source that cited $550.

Michaell

dsinvirginia said:

The guy at the dealer originally tried to hide the lease cash, but when I brought it up he said, "oh ya, it's $750". They had a list of promotions posted on the wall which also showed $750.

Please verify/correct your source that cited $550.

Toyota numbers are highly regional - we don't have all regions, so I made my best guess. Glad you were able to get them to admit to the lease cash, and that it was more than I thought.

Did you make a deal?

jmoondds

Can you please advise MF and Residual for XLE Premium 8-Passenger FWD 36 months / 12,000 and 15,000?

Lease cash available?

North Carolina 28104

Thanks!

Michaell

jmoondds said:

Can you please advise MF and Residual for XLE Premium 8-Passenger FWD 36 months / 12,000 and 15,000?

Lease cash available?

North Carolina 28104

Thanks!

55% or 53% and .00077. No lease cash that I see.

kyfdx

jmoondds said:

Can you please advise MF and Residual for XLE Premium 8-Passenger FWD 36 months / 12,000 and 15,000?

Lease cash available?

North Carolina 28104

Thanks!

.00077 MF and 55%/53% residual (assuming SouthEast Toyota area)

katkat

Thanks again for a great forum! I have used it quite a bit over the years...
Now looking for 12K or 15K lease/36 months for a Sienna LE. Money factor and residual for August please.... Thanks!

Michaell

katkat said:

Thanks again for a great forum! I have used it quite a bit over the years...
Now looking for 12K or 15K lease/36 months for a Sienna LE. Money factor and residual for August please.... Thanks!

The Toyota residual numbers are good through October; the current MF data expires tomorrow, 8/3/15

36/15 on Sienna LE is 55%. Add 2% for 12K.

What state is this? Toyota MF numbers are highly regional.

katkat

This is for PA. Thanks.
Also - I might check again on Tue, as I am not sure I will have time to complete tomorrow.

Michaell

katkat said:

This is for PA. Thanks.
Also - I might check again on Tue, as I am not sure I will have time to complete tomorrow.

.00001 - that is as cheap as you can get on a MF.

bumoftheday

Do you have the residual and MF for an XLE 36/15 in Florida? Any lease cash?

kyfdx

bumoftheday said:

Do you have the residual and MF for an XLE 36/15 in Florida? Any lease cash?

.00077 MF and 55% residual

chuckjr

looking for figures for a Sienna XLE and SE premium 36 mo 10K miles in California. Thanks