2015 Toyota Sienna Lease Questions

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  • aigochamalohaigochamaloh Member Posts: 129
    Michaell said:

    Do you have numbers for socal, base sienna lease? Any lease cash available?

    What trim level? What lease term and how many miles per year?
    36 months 12k. Base trim is fine! Thank you very much!
  • kyfdxkyfdx Moderator Posts: 254,331

    Michaell said:

    Do you have numbers for socal, base sienna lease? Any lease cash available?

    What trim level? What lease term and how many miles per year?
    36 months 12k. Base trim is fine! Thank you very much!
    .00001 MF and 62% residual. $1250 lease cash

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  • bogey1oparbogey1opar Member Posts: 18
    Residual, MF and Lease Cash for 36 Month 12K for 2015 LE and XLE in NC? Thanks
  • MichaellMichaell Moderator Posts: 252,948

    Residual, MF and Lease Cash for 36 Month 12K for 2015 LE and XLE in NC? Thanks

    Is the LE a 7 or 8 passenger version?

    57% for XLE

    .00022 MF for both

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  • bogey1oparbogey1opar Member Posts: 18
    LE 8 Passenger in NC
  • MichaellMichaell Moderator Posts: 252,948

    LE 8 Passenger in NC

    Also 57%

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  • nj323cinj323ci Member Posts: 24
    I wasn't able to close on a deal last month. Looking for Res % and MF and Incentives for 2015 Sienna Limited Premium and XLE Premium in New Jersey. 36 months/12k miles.

    Thanks for your help!
  • MichaellMichaell Moderator Posts: 252,948
    nj323ci said:

    I wasn't able to close on a deal last month. Looking for Res % and MF and Incentives for 2015 Sienna Limited Premium and XLE Premium in New Jersey. 36 months/12k miles.

    Thanks for your help!

    FWD or AWD?

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  • nj323cinj323ci Member Posts: 24
    Michaell said:

    nj323ci said:

    I wasn't able to close on a deal last month. Looking for Res % and MF and Incentives for 2015 Sienna Limited Premium and XLE Premium in New Jersey. 36 months/12k miles.

    Thanks for your help!

    FWD or AWD?
    sorry... AWD
  • MichaellMichaell Moderator Posts: 252,948
    nj323ci said:

    Michaell said:

    nj323ci said:

    I wasn't able to close on a deal last month. Looking for Res % and MF and Incentives for 2015 Sienna Limited Premium and XLE Premium in New Jersey. 36 months/12k miles.

    Thanks for your help!

    FWD or AWD?
    sorry... AWD
    Limited Premium - 53%
    XLE Premium - 55%

    .00001 MF and $1000 lease cash.

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  • nj323cinj323ci Member Posts: 24
    Michaell said:

    nj323ci said:

    Michaell said:

    nj323ci said:

    I wasn't able to close on a deal last month. Looking for Res % and MF and Incentives for 2015 Sienna Limited Premium and XLE Premium in New Jersey. 36 months/12k miles.

    Thanks for your help!

    FWD or AWD?
    sorry... AWD
    Limited Premium - 53%
    XLE Premium - 55%

    .00001 MF and $1000 lease cash.
    Thank you!
  • nj323cinj323ci Member Posts: 24
    Michaell said:

    nj323ci said:

    Michaell said:

    nj323ci said:

    I wasn't able to close on a deal last month. Looking for Res % and MF and Incentives for 2015 Sienna Limited Premium and XLE Premium in New Jersey. 36 months/12k miles.

    Thanks for your help!

    FWD or AWD?
    sorry... AWD
    Limited Premium - 53%
    XLE Premium - 55%

    .00001 MF and $1000 lease cash.
    I'm sorry.. the XLE premium I was looking at is FWD. Numbers still the same by chance?
    Thanks
  • MichaellMichaell Moderator Posts: 252,948
    nj323ci said:

    Michaell said:

    nj323ci said:

    Michaell said:

    nj323ci said:

    I wasn't able to close on a deal last month. Looking for Res % and MF and Incentives for 2015 Sienna Limited Premium and XLE Premium in New Jersey. 36 months/12k miles.

    Thanks for your help!

    FWD or AWD?
    sorry... AWD
    Limited Premium - 53%
    XLE Premium - 55%

    .00001 MF and $1000 lease cash.
    I'm sorry.. the XLE premium I was looking at is FWD. Numbers still the same by chance?
    Thanks
    Yes, same numbers.

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  • padoopadoo Member Posts: 39
    What are the no for XLE-Premium 2016 12K/36 for CA
  • MichaellMichaell Moderator Posts: 252,948
    padoo said:

    What are the no for XLE-Premium 2016 12K/36 for CA

    55% and .00001. $1000 lease cash.

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  • padoopadoo Member Posts: 39
    Thanks. but I don't know why toyota dealers are telling me that lease nos are not out for 2016 models.
  • MichaellMichaell Moderator Posts: 252,948
    padoo said:

    Thanks. but I don't know why toyota dealers are telling me that lease nos are not out for 2016 models.

    Sorry, the numbers I gave you were for the 2015 Sienna. I didn't see the 2016 in your original post.

    I have 58% as the residual, but no MF information for the 2016 XLE Premium 36/12.

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  • padoopadoo Member Posts: 39
    Yeah that was he said so he is using MF to be .0020, which i feel is high.
  • MichaellMichaell Moderator Posts: 252,948
    padoo said:
    Yeah that was he said so he is using MF to be .0020, which i feel is high.
    The standard MF for Toyota is around .00190. 

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  • nj323cinj323ci Member Posts: 24
    Michaell said:

    nj323ci said:

    Michaell said:

    nj323ci said:

    Michaell said:

    nj323ci said:

    I wasn't able to close on a deal last month. Looking for Res % and MF and Incentives for 2015 Sienna Limited Premium and XLE Premium in New Jersey. 36 months/12k miles.

    Thanks for your help!

    FWD or AWD?
    sorry... AWD
    Limited Premium - 53%
    XLE Premium - 55%

    .00001 MF and $1000 lease cash.
    I'm sorry.. the XLE premium I was looking at is FWD. Numbers still the same by chance?
    Thanks
    Yes, same numbers.
    HI Michael,
    Sorry to be a pest. We have settled on the 2015 limited premium AWD. Just need to know what the residual is for 36/15k please? Does it just drop by 1%? Headed to the dealer today.... Fingers crossed.

    Thanks
  • kyfdxkyfdx Moderator Posts: 254,331
    nj323ci said:

    Michaell said:

    nj323ci said:

    Michaell said:

    nj323ci said:

    Michaell said:

    nj323ci said:

    I wasn't able to close on a deal last month. Looking for Res % and MF and Incentives for 2015 Sienna Limited Premium and XLE Premium in New Jersey. 36 months/12k miles.

    Thanks for your help!

    FWD or AWD?
    sorry... AWD
    Limited Premium - 53%
    XLE Premium - 55%

    .00001 MF and $1000 lease cash.
    I'm sorry.. the XLE premium I was looking at is FWD. Numbers still the same by chance?
    Thanks
    Yes, same numbers.
    HI Michael,
    Sorry to be a pest. We have settled on the 2015 limited premium AWD. Just need to know what the residual is for 36/15k please? Does it just drop by 1%? Headed to the dealer today.... Fingers crossed.

    Thanks
    51% for 36/15

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  • nj323cinj323ci Member Posts: 24
    kyfdx said:

    nj323ci said:

    Michaell said:

    nj323ci said:

    Michaell said:

    nj323ci said:

    Michaell said:

    nj323ci said:

    I wasn't able to close on a deal last month. Looking for Res % and MF and Incentives for 2015 Sienna Limited Premium and XLE Premium in New Jersey. 36 months/12k miles.

    Thanks for your help!

    FWD or AWD?
    sorry... AWD
    Limited Premium - 53%
    XLE Premium - 55%

    .00001 MF and $1000 lease cash.
    I'm sorry.. the XLE premium I was looking at is FWD. Numbers still the same by chance?
    Thanks
    Yes, same numbers.
    HI Michael,
    Sorry to be a pest. We have settled on the 2015 limited premium AWD. Just need to know what the residual is for 36/15k please? Does it just drop by 1%? Headed to the dealer today.... Fingers crossed.

    Thanks
    51% for 36/15
    Thanks... picked up our Limited Premium yesterday. Thanks for the info, went in prepared and left with a great deal.
  • MichaellMichaell Moderator Posts: 252,948
    nj323ci said:

    kyfdx said:

    nj323ci said:

    Michaell said:

    nj323ci said:

    Michaell said:

    nj323ci said:

    Michaell said:

    nj323ci said:

    I wasn't able to close on a deal last month. Looking for Res % and MF and Incentives for 2015 Sienna Limited Premium and XLE Premium in New Jersey. 36 months/12k miles.

    Thanks for your help!

    FWD or AWD?
    sorry... AWD
    Limited Premium - 53%
    XLE Premium - 55%

    .00001 MF and $1000 lease cash.
    I'm sorry.. the XLE premium I was looking at is FWD. Numbers still the same by chance?
    Thanks
    Yes, same numbers.
    HI Michael,
    Sorry to be a pest. We have settled on the 2015 limited premium AWD. Just need to know what the residual is for 36/15k please? Does it just drop by 1%? Headed to the dealer today.... Fingers crossed.

    Thanks
    51% for 36/15
    Thanks... picked up our Limited Premium yesterday. Thanks for the info, went in prepared and left with a great deal.
    Congrats on the new Sienna. Care to share your final deal details with us?

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  • padoopadoo Member Posts: 39
    when do you think nos will be out for xle premium 2016?
  • MichaellMichaell Moderator Posts: 252,948
    padoo said:

    when do you think nos will be out for xle premium 2016?

    Hopefully this week.

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  • padoopadoo Member Posts: 39
    Does these nos look OK, mainly the tax?

    FEB 1, 2016 LEASE WORKSHEET Store 06 FANDI01 G13/7882 4790
    --------------------------------------------------------------------------------


    ------------------------------------------------------------------------------
    1 LEASE # 16 RES ADDS 26 DOC FEE 80.00
    2 LEASE DATE 02/01/2016 17 ACQ FEE 650.00 27 DOC UPFRONT Y/N Y
    3 STOCK # 27512 1 18 ACQ UPFRONT Y/N 28 WARR PREM 0.00
    4 PRICE 36024.00 19 TRADE #1 29 MAINT PREM 0.00
    5 PERMAPLATE 0.00 20 PAYOFF #1 30 WARR UPFRONT Y/N N
    6 TERM 36 21 CASH 31 GAP PREM 0.00
    7 # ADVANCE PYMT 1 22 REBATE 1000.00 32 GAP UPFRONT Y/N N
    8 RATE .00001 23 REGISTERED STATE CA 33 SEC DEPOSIT 0.00
    9 DAYS 29 24 COUNTY CODE LOS TOT INIT PMT 1000.00
    10 M.S.R.P. 39685.00 25 COUNTY RATE 9.0 ADJ RESIDUAL 21827.00
    11 RESIDUAL 21827 GOVT FEES 373.75
    12 ALLOW MI/YR 12000 TAXES 2344.98 STATUS
    13 EST MI/YR 12000 RO/PO #1 INS:
    14 CENTS/MILE BEGIN 0.10 RO/PO #2 MEMO#1 D-ETA
    15 CENTS/MILE END 0.15 RO/PO #3 MEMO#2
    ------------------------------------------------------------------------------

    (LINE#)(M=MODIFY)(?=CMD LIST)
    SHIFT F1=FKEYS LEASE=TOYOTA MOTOR CREDIT MO. PMT (0) 447.63
  • MichaellMichaell Moderator Posts: 252,948
    padoo said:

    Does these nos look OK, mainly the tax?

    FEB 1, 2016 LEASE WORKSHEET Store 06 FANDI01 G13/7882 4790
    --------------------------------------------------------------------------------


    ------------------------------------------------------------------------------
    1 LEASE # 16 RES ADDS 26 DOC FEE 80.00
    2 LEASE DATE 02/01/2016 17 ACQ FEE 650.00 27 DOC UPFRONT Y/N Y
    3 STOCK # 27512 1 18 ACQ UPFRONT Y/N 28 WARR PREM 0.00
    4 PRICE 36024.00 19 TRADE #1 29 MAINT PREM 0.00
    5 PERMAPLATE 0.00 20 PAYOFF #1 30 WARR UPFRONT Y/N N
    6 TERM 36 21 CASH 31 GAP PREM 0.00
    7 # ADVANCE PYMT 1 22 REBATE 1000.00 32 GAP UPFRONT Y/N N
    8 RATE .00001 23 REGISTERED STATE CA 33 SEC DEPOSIT 0.00
    9 DAYS 29 24 COUNTY CODE LOS TOT INIT PMT 1000.00
    10 M.S.R.P. 39685.00 25 COUNTY RATE 9.0 ADJ RESIDUAL 21827.00
    11 RESIDUAL 21827 GOVT FEES 373.75
    12 ALLOW MI/YR 12000 TAXES 2344.98 STATUS
    13 EST MI/YR 12000 RO/PO #1 INS:
    14 CENTS/MILE BEGIN 0.10 RO/PO #2 MEMO#1 D-ETA
    15 CENTS/MILE END 0.15 RO/PO #3 MEMO#2
    ------------------------------------------------------------------------------

    (LINE#)(M=MODIFY)(?=CMD LIST)
    SHIFT F1=FKEYS LEASE=TOYOTA MOTOR CREDIT MO. PMT (0) 447.63

    If this is for a lease, CA taxes the monthly payment, not the entire selling price.

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  • padoopadoo Member Posts: 39
    Thats what I thought
  • nj323cinj323ci Member Posts: 24
    edited February 2016
    Michaell said:

    nj323ci said:

    kyfdx said:

    nj323ci said:

    Michaell said:

    nj323ci said:

    Michaell said:

    nj323ci said:

    Michaell said:

    nj323ci said:

    I wasn't able to close on a deal last month. Looking for Res % and MF and Incentives for 2015 Sienna Limited Premium and XLE Premium in New Jersey. 36 months/12k miles.

    Thanks for your help!

    FWD or AWD?
    sorry... AWD
    Limited Premium - 53%
    XLE Premium - 55%

    .00001 MF and $1000 lease cash.
    I'm sorry.. the XLE premium I was looking at is FWD. Numbers still the same by chance?
    Thanks
    Yes, same numbers.
    HI Michael,
    Sorry to be a pest. We have settled on the 2015 limited premium AWD. Just need to know what the residual is for 36/15k please? Does it just drop by 1%? Headed to the dealer today.... Fingers crossed.

    Thanks
    51% for 36/15
    Thanks... picked up our Limited Premium yesterday. Thanks for the info, went in prepared and left with a great deal.
    Congrats on the new Sienna. Care to share your final deal details with us?
    2015 Sienna Limited Premium AWD (Predawn Gray Mica)
    MSRP = $37835.
    sale price = $31500. (After $1000 lease rebate)
    36/12k
    MF= .00001
    Res. 53%
    ~$540 a month ($0 down, all inception fees/taxe rolled in)

    Thanks for the help!
  • padoopadoo Member Posts: 39
    Are the nos out for 2016 XLE Premium?
  • MichaellMichaell Moderator Posts: 252,948
    padoo said:

    Are the nos out for 2016 XLE Premium?

    56% for 36/15 and .00092

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  • cm66jbcm66jb Member Posts: 33
    can I get the numbers for the 2015 and 2016 le both fwd and awd for 24/36m 12k per year thank you
  • MichaellMichaell Moderator Posts: 252,948
    cm66jb said:

    can I get the numbers for the 2015 and 2016 le both fwd and awd for 24/36m 12k per year thank you

    What state? Toyota information is regional.

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  • cm66jbcm66jb Member Posts: 33
    Massachusetts
  • MichaellMichaell Moderator Posts: 252,948
    cm66jb said:

    can I get the numbers for the 2015 and 2016 le both fwd and awd for 24/36m 12k per year thank you

    cm66jb said:

    Massachusetts

    2015 - 66% or 57% and .00001. $1000 lease cash.

    2016 - 68% or 60% and .00092.

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  • padoopadoo Member Posts: 39
    what are the nos for for 2016 Seinna XLE Premium for ca 36/12K
  • titaniumtimtitaniumtim Member Posts: 32
    Hi Michael,

    I'm working on a lease for a 2015 SE Premium that was a program car, never titled, driven by a "Toyota Factory Official". It has 12k on it, MSRP is $42,286 (loaded, Navi), sale price is listed at $36,000. They are pricing me in Michigan with a 3/36k lease at a .00001 MF, Residual of $21,957.

    So, i'm doing some math after I read about leasing program cars. Edmunds said, deduct 20 cents a mile, at least. That's $2,400 off the top, which is almost exactly the difference of a pretty good sale price if it was new of $38,400 (91% of MSRP) and their offer of $36,000 with the miles on it.

    Here is the current offer with some added details as it relates to sales I've seen on this forum:

    MSRP: $42,286
    IF New Sell: $38,400 (91% of MSRP on par with other sales on this forum)
    Sell with 12k: $36,000 (85% of MSRP)
    Residual with 48k on it: $21,957
    MF: .00001

    Dealer says I'll get the bumper to bumper for 3yrs/36k even with the 12k already on it, so it's 48k on my odometer.

    Thoughts on these base figures? Good deal? I know this isn't a truly "new" lease.

    thanks,
  • MichaellMichaell Moderator Posts: 252,948
    padoo said:

    what are the nos for for 2016 Seinna XLE Premium for ca 36/12K

    Asked and answered above ....

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  • MichaellMichaell Moderator Posts: 252,948

    Hi Michael,

    I'm working on a lease for a 2015 SE Premium that was a program car, never titled, driven by a "Toyota Factory Official". It has 12k on it, MSRP is $42,286 (loaded, Navi), sale price is listed at $36,000. They are pricing me in Michigan with a 3/36k lease at a .00001 MF, Residual of $21,957.

    So, i'm doing some math after I read about leasing program cars. Edmunds said, deduct 20 cents a mile, at least. That's $2,400 off the top, which is almost exactly the difference of a pretty good sale price if it was new of $38,400 (91% of MSRP) and their offer of $36,000 with the miles on it.

    Here is the current offer with some added details as it relates to sales I've seen on this forum:

    MSRP: $42,286
    IF New Sell: $38,400 (91% of MSRP on par with other sales on this forum)
    Sell with 12k: $36,000 (85% of MSRP)
    Residual with 48k on it: $21,957
    MF: .00001

    Dealer says I'll get the bumper to bumper for 3yrs/36k even with the 12k already on it, so it's 48k on my odometer.

    Thoughts on these base figures? Good deal? I know this isn't a truly "new" lease.

    thanks,

    The $21,987 residual is about 52% of MSRP.

    When leasing demo vehicles, not only is there a discount on the selling price (which you're getting) but the miles are also deducted from the calculated residual. At least, that's how the luxury brands do it - not 100% certain that Toyota does this as well.

    Anyway, using your figures, I get a payment of $390/mo + tax, which is decent on a $42K van.

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  • padoopadoo Member Posts: 39
    Michael you gave me no for 2016 Seinna XLE Premium for ca 36/15K and I want 36/12K
  • padoopadoo Member Posts: 39
    and is there any lease cash?
  • MichaellMichaell Moderator Posts: 252,948
    padoo said:

    Michael you gave me no for 2016 Seinna XLE Premium for ca 36/15K and I want 36/12K

    Sorry, add 2% to the residual.
    padoo said:

    and is there any lease cash?

    No lease cash on the 2016 Sienna

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  • padoopadoo Member Posts: 39
    edited February 2016



    does this looks good deal?
  • MichaellMichaell Moderator Posts: 252,948
    padoo said:




    does this looks good deal?

    My calculations are within pennies of that quote ... if you're comfortable with the selling price, no reason not to pull the trigger.

    I'll be in Oxnard next week - it's my home town.

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  • fibber2fibber2 Member Posts: 3,786
    Hi Michaell,

    Just trying to verify some data I've pulled (reluctantly) from the local dealer on a Sienna LE (FWD & AWD) 3 yr, 12k mile / yr lease:

    2015 FWD: Residual = 57%, MF = .0001, TFS Subvent cash = $1250

    2015 AWD: Residual = 55%, MF = .0001, TFS Subvent cash = $1250

    2016 FWD: Residual = 60%(?), MF = .00092, TFS Subvent cash = $0

    2016 AWD: Residual = 58%, MF = .00092, TFS Subvent cash = $0

    Local dealer seems to be heavy on 2015's, and their first 2016's are only just arriving now (Feb 2016?), so the discounts are a bit better. Running numbers and weighing options.

    Thanks!
  • MichaellMichaell Moderator Posts: 252,948
    fibber2 said:

    Hi Michaell,

    Just trying to verify some data I've pulled (reluctantly) from the local dealer on a Sienna LE (FWD & AWD) 3 yr, 12k mile / yr lease:

    2015 FWD: Residual = 57%, MF = .0001, TFS Subvent cash = $1250

    2015 AWD: Residual = 55%, MF = .0001, TFS Subvent cash = $1250

    2016 FWD: Residual = 60%(?), MF = .00092, TFS Subvent cash = $0

    2016 AWD: Residual = 58%, MF = .00092, TFS Subvent cash = $0

    Local dealer seems to be heavy on 2015's, and their first 2016's are only just arriving now (Feb 2016?), so the discounts are a bit better. Running numbers and weighing options.

    Thanks!

    Missing a 0 from the 2015 MF - it's .00001.

    At the moment, I think the 2015's are leasing better.

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  • fibber2fibber2 Member Posts: 3,786
    Ah yes! Slip of the fingers... Essentially zero % on the financing portion of the lease equation.

    Mrs. Fibber wants an AWD if possible (she's grown to appreciate my love of Subaru, even though she's not a fan of my Outback - old or new), but the residual is lower which bumps up the depreciation and leasing cost.

    Thanks for the sanity check!
  • fibber2fibber2 Member Posts: 3,786
    So now Mrs. Fibber is asking about blind spot monitor, etc., so our discussion has gone up a level to an XLE. Yesterday's figures were for an LE. Still correct for the XLE?

    2016 XLE FWD: Residual = 60%(?), MF = .00092, TFS Subvent cash = $0

    2016 XLE AWD: Residual = 58%(?), MF = .00092, TFS Subvent cash = $0
  • MichaellMichaell Moderator Posts: 252,948
    fibber2 said:

    So now Mrs. Fibber is asking about blind spot monitor, etc., so our discussion has gone up a level to an XLE. Yesterday's figures were for an LE. Still correct for the XLE?

    2016 XLE FWD: Residual = 60%(?), MF = .00092, TFS Subvent cash = $0

    2016 XLE AWD: Residual = 58%(?), MF = .00092, TFS Subvent cash = $0

    Subtract 2% for XLE trim.

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  • fibber2fibber2 Member Posts: 3,786
    edited February 2016
    Hmmm... Thanks!

    2016 XLE FWD: Residual = 58%, MF = .00092, TFS Subvent cash = $0

    2016 XLE AWD: Residual = 56%, MF = .00092, TFS Subvent cash = $0

    That makes these a bit more expensive. Oh well.... If I pick dandelions for lunch from now on, maybe.

    An example of dealer BS... We were there this weekend and talked about purchase vs lease. They gave me a printout on a pair of vehicles with MSRP, their 'best' deal, finance and lease rates with projected monthly payments. The 'purchase' numbers looked legit, but the lease numbers seemed very high. Some time ago I wrote my own script for 'deconvoluting' a lease: Plug in whatever they give you, and you can calculate the essential other numbers. Well, sure enough with the lease they rolled EVERYTHING into it (tire tax, DMV title & paperwork fees, NYS tax, acquisition fee, etc.) but somehow FORGOT(?) to include the best deal price in the figures. They reverted back to MSRP for the depreciation calculation, pushing the lease numbers up another $70 (house profit). You have to watch them like a hawk!
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