2016 Toyota 4Runner Lease Questions

24

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  • MichaellMichaell Moderator Posts: 263,968
    tr0gd0r said:

    4x4

    73% / 65%

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  • mmendoza2mmendoza2 Member Posts: 200
    Good Morning

    What are the numbers (MF and Residual) on a 4runner Limited in South Florida for the following terms:

    24/12
    36/12
    48/12

    Thank You
  • MichaellMichaell Moderator Posts: 263,968
    mmendoza2 said:

    Good Morning

    What are the numbers (MF and Residual) on a 4runner Limited in South Florida for the following terms:

    24/12
    36/12
    48/12

    Thank You

    .00190 and 72% / 64% / 55%

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  • ptlove891ptlove891 Member Posts: 1
    edited April 2016
    Hi, I'm looking for MF and RES for two models: 2016 4runner 4x4 premium and trail. 36 months / 12K miles. San Diego, CA. Thank you in advance.
  • MichaellMichaell Moderator Posts: 263,968
    ptlove891 said:

    Hi, I'm looking for MF and RES for two models: 2016 4runner 4x4 premium and trail. 36 months / 12K miles. San Diego, CA. Thank you in advance.

    .00190 and 65% for both

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  • cliffutenncliffutenn Member Posts: 14
    Could you please tell me what the current MF and RV is for a 2016 4runner Limited 4x4 36/12/15 and 24/12/15 in VA?
  • kyfdxkyfdx Moderator Posts: 267,543

    Could you please tell me what the current MF and RV is for a 2016 4runner Limited 4x4 36/12/15 and 24/12/15 in VA?

    .00190 MF

    64%/62% or 71%/70% residual

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  • cliffutenncliffutenn Member Posts: 14
    kyfdx said:

    Could you please tell me what the current MF and RV is for a 2016 4runner Limited 4x4 36/12/15 and 24/12/15 in VA?

    .00190 MF

    64%/62% or 71%/70% residual
    thanks!
  • thebigyahithebigyahi Member Posts: 4
    Could you please give me the MF and residual for a 2016 Trail Premium 4x4 w/ KDSS for 36/15k in NY?
  • MichaellMichaell Moderator Posts: 263,968

    Could you please give me the MF and residual for a 2016 Trail Premium 4x4 w/ KDSS for 36/15k in NY?

    63% and .00190

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  • nomad2016nomad2016 Member Posts: 2
    Thank you for your help on this site - got a great deal a few years ago as a result and am back at it.
    This is what is being offered to me: WA state 2016 4R Ltd - MF .0019 and 64.375% Residual 15k miles - 36 mos. Question is on the purchase: Invoice + 900 Dest + 900 TDA + 650 ACQ (a few minor options at just over invoice). Good deal? Seems like it but I'm not confident. Haven't signed yet.
  • MichaellMichaell Moderator Posts: 263,968
    nomad2016 said:

    Thank you for your help on this site - got a great deal a few years ago as a result and am back at it.
    This is what is being offered to me: WA state 2016 4R Ltd - MF .0019 and 64.375% Residual 15k miles - 36 mos. Question is on the purchase: Invoice + 900 Dest + 900 TDA + 650 ACQ (a few minor options at just over invoice). Good deal? Seems like it but I'm not confident. Haven't signed yet.

    We don't track selling prices - use the 'make / model / year' pull downs at the top of the page to link to the price tools

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  • nomad2016nomad2016 Member Posts: 2
    Thank you - sorry about that.
  • rsamerica1rsamerica1 Member Posts: 71
    Hello - can you confirm 36/15 MF and RV please for Pennsylvania for 4x4 Limited? Guessing 62% and 0.00190.
  • MichaellMichaell Moderator Posts: 263,968

    Hello - can you confirm 36/15 MF and RV please for Pennsylvania for 4x4 Limited? Guessing 62% and 0.00190.

    I confirm those numbers.

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  • rsamerica1rsamerica1 Member Posts: 71
    Michaell said:

    Hello - can you confirm 36/15 MF and RV please for Pennsylvania for 4x4 Limited? Guessing 62% and 0.00190.

    I confirm those numbers.
    Thank you. Would RV be different in North Carolina? Looking at one there who is indicating RV of $30,436.12 on MSRP of $44,759 (calculates as 68%)?
  • MichaellMichaell Moderator Posts: 263,968

    Michaell said:

    Hello - can you confirm 36/15 MF and RV please for Pennsylvania for 4x4 Limited? Guessing 62% and 0.00190.

    I confirm those numbers.
    Thank you. Would RV be different in North Carolina? Looking at one there who is indicating RV of $30,436.12 on MSRP of $44,759 (calculates as 68%)?
    Residuals for SE Toyota may use the old Toyota model of only applying the residual % to the base MSRP, and not any options.

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  • jfinley66jfinley66 Member Posts: 10
    edited May 2016
    Looking for money factor and residuals for 2016 4runner SR5 Premium in Texas... 36/15 and 48/15... dealer is at 65% and 56% on residual, and .00210 and .00230 on MF... residual seems to be ok, but money factor seems way high... thanks in advance
  • MichaellMichaell Moderator Posts: 263,968
    jfinley66 said:

    Looking for money factor and residuals for 2016 4runner SR5 Premium in Texas... 36/15 and 48/15... dealer is at 65% and 56% on residual, and .00210 and .00230 on MF... residual seems to be ok, but money factor seems way high... thanks in advance

    I agree with the residual values, but I think the base MF is .00190

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  • jfinley66jfinley66 Member Posts: 10
    Thanks for all your help... have one additional question... do you know which fees I should be charged on the 2016 4runner Premium (Texas)? Sales guy is quoting me $1700 worth of fees, that are outside the normal TT&L (which should be around $2600)... seems excessive but not sure if it's a toyota standard or not

    just got my wife a cadillac lease on a 2016 SRX, and the "extra fees" were around $925 (destination fee, document fee, an add-on for vehicle protection, and that's about it)
  • MichaellMichaell Moderator Posts: 263,968
    jfinley66 said:

    Thanks for all your help... have one additional question... do you know which fees I should be charged on the 2016 4runner Premium (Texas)? Sales guy is quoting me $1700 worth of fees, that are outside the normal TT&L (which should be around $2600)... seems excessive but not sure if it's a toyota standard or not

    just got my wife a cadillac lease on a 2016 SRX, and the "extra fees" were around $925 (destination fee, document fee, an add-on for vehicle protection, and that's about it)

    Ask for the breakdown of the $1700

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  • emgilliatt12emgilliatt12 Member Posts: 7
    Hi, looking for MF AND RESIDUAL on a 2016 sr5 4x4 base with 3rd row 36/12 in Virginia! Thanks!
  • MichaellMichaell Moderator Posts: 263,968

    Hi, looking for MF AND RESIDUAL on a 2016 sr5 4x4 base with 3rd row 36/12 in Virginia! Thanks!

    .00190 and 65%

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  • aaronjhaaronjh Member Posts: 5
    Hi there. Does anybody have the MF and residual 2016 4runner SR5 4x4, 36month/12k miles in Oregon? Thank you in advance.
  • kyfdxkyfdx Moderator Posts: 267,543
    aaronjh said:

    Hi there. Does anybody have the MF and residual 2016 4runner SR5 4x4, 36month/12k miles in Oregon? Thank you in advance.

    .00190 MF and 65% residual

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  • tonka858tonka858 Member Posts: 112
    How much off MSRP are people getting?
  • bstarnes1649bstarnes1649 Member Posts: 2
    What is the residual and money factor for a 2016 4 Runner 2WD 3rd row in TN? 12 and 15k miles
  • bstarnes1649bstarnes1649 Member Posts: 2

    What is the residual and money factor for a 2016 4 Runner 2WD 3rd row in TN? 12 and 15k miles

    Sorry Limited trim
  • kyfdxkyfdx Moderator Posts: 267,543

    What is the residual and money factor for a 2016 4 Runner 2WD 3rd row in TN? 12 and 15k miles

    Sorry Limited trim
    .00190 MF and 64%/62% residual for 36 months, 12K/15K/yr

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  • lmb2016lmb2016 Member Posts: 1
    Looking for MF and residual on a 2016 4Runner SR5 Premium 2WD in Louisiana. 36/12K and 48/12K.
  • MichaellMichaell Moderator Posts: 263,968
    lmb2016 said:

    Looking for MF and residual on a 2016 4Runner SR5 Premium 2WD in Louisiana. 36/12K and 48/12K.

    67% and 58%. .00190 MF

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  • ngthongngthong Member Posts: 4
    Looking for MF and residual on
    2016 4Runner SR5 4WD in North Carolina -- 24/12k
    and
    2016 4Runner SR5 4WD in New Mexico, also 24/12k.

    Thank you
  • MichaellMichaell Moderator Posts: 263,968
    ngthong said:

    Looking for MF and residual on
    2016 4Runner SR5 4WD in North Carolina -- 24/12k
    and
    2016 4Runner SR5 4WD in New Mexico, also 24/12k.

    Thank you

    73% and .00190. Both states.

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  • kyfdxkyfdx Moderator Posts: 267,543
    Michaell said:

    ngthong said:

    Looking for MF and residual on
    2016 4Runner SR5 4WD in North Carolina -- 24/12k
    and
    2016 4Runner SR5 4WD in New Mexico, also 24/12k.

    Thank you

    73% and .00190. Both states.
    The money factor is probably close, but the residual will probably be different in North Carolina, as that is an SET distributorship state.

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  • ngthongngthong Member Posts: 4
    Thank you both for the quick responses. Is $4100 a reasonable discount to target on a new 2016 4runner SR5 4WD with msrp of 38,100? Such that the sales price is 34,000 on a lease before adding destination fees or any other non negotiable fees Toyota imposes. I have overheard Toyota sales people chatting and one said 5k is pretty much the biggest discount you can hope to get on any brand new Toyota product. Internet searches for Toyota 5,000 off msrp seem to confirm this but I wanted to run it by the experts
  • kyfdxkyfdx Moderator Posts: 267,543
    ngthong said:

    Thank you both for the quick responses. Is $4100 a reasonable discount to target on a new 2016 4runner SR5 4WD with msrp of 38,100? Such that the sales price is 34,000 on a lease before adding destination fees or any other non negotiable fees Toyota imposes. I have overheard Toyota sales people chatting and one said 5k is pretty much the biggest discount you can hope to get on any brand new Toyota product. Internet searches for Toyota 5,000 off msrp seem to confirm this but I wanted to run it by the experts

    Looks like a pretty good discount. Toyota doesn't impose a destination charge on the consumer. It's on the MSRP and invoice, but your negotiated price should include it. If they are breaking it out, it's just a disingenuous way to make your price look lower.

    The 4Runner is very popular.

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  • ngthongngthong Member Posts: 4
    So they are adding the sales tax into the net cap cost, which drives it up. Is that normal? In this state, tax is only applied to each monthly payment, and only to the depreciation amount. I would think net cap cost should exclude tax
  • kyfdxkyfdx Moderator Posts: 267,543
    ngthong said:

    So they are adding the sales tax into the net cap cost, which drives it up. Is that normal? In this state, tax is only applied to each monthly payment, and only to the depreciation amount. I would think net cap cost should exclude tax

    Which state? Are you sure about the tax?

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  • crossfit402crossfit402 Member Posts: 13
    Can you please provide MF and residual for Northern California for the Limited. I was sent quote for 0.002 and 64% for 12,000? Just want to make sure that's accurate. Do they have a 10,000 mile lease? Also how much off MSRP should I shoot for. Thanks. Used this form for past two leases and has been super helpful.
  • MichaellMichaell Moderator Posts: 263,968

    Can you please provide MF and residual for Northern California for the Limited. I was sent quote for 0.002 and 64% for 12,000? Just want to make sure that's accurate. Do they have a 10,000 mile lease? Also how much off MSRP should I shoot for. Thanks. Used this form for past two leases and has been super helpful.

    That sounds right .... we've always assumed the base MF is .00190 but there could be regional differences.

    Dealer cannot modify the residual value.

    If a 10K lease is available, add 1% to the residual.

    We don't track selling prices - use the "make / model / year" pull downs at the top of the page to link to the price tools.

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  • ngthongngthong Member Posts: 4
    Looking for residual and MF for 24-12,000 lease Arizona, 2016 4runner Trail with 4wd (not premium)
  • MichaellMichaell Moderator Posts: 263,968
    ngthong said:

    Looking for residual and MF for 24-12,000 lease Arizona, 2016 4runner Trail with 4wd (not premium)

    .00190 and 73%

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  • elija1234elija1234 Member Posts: 3
    I'm looking to do 36/12K lease on a 2016 SR5 Premium 4X4 in Southern California, which the dealer will do at $37,500 price on, my trade in he will do $2500 on, how much approx. will I need to put down out of pocket to get the payments below $500 a month? $5K?

    Thanks!
  • kyfdxkyfdx Moderator Posts: 267,543
    elija1234 said:

    I'm looking to do 36/12K lease on a 2016 SR5 Premium 4X4 in Southern California, which the dealer will do at $37,500 price on, my trade in he will do $2500 on, how much approx. will I need to put down out of pocket to get the payments below $500 a month? $5K?

    Thanks!

    What is the MSRP?

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  • elija1234elija1234 Member Posts: 3
    MSRP is $39,300
  • MichaellMichaell Moderator Posts: 263,968
    elija1234 said:

    I'm looking to do 36/12K lease on a 2016 SR5 Premium 4X4 in Southern California, which the dealer will do at $37,500 price on, my trade in he will do $2500 on, how much approx. will I need to put down out of pocket to get the payments below $500 a month? $5K?

    Thanks!

    elija1234 said:

    MSRP is $39,300

    .00190 and 65% for 36/12.

    With your prices, before factoring in the trade amount or tax, I get a payment of $452/mo.

    Use the trade equity for the upfront costs (dealer fee, DMV costs, first payment, bank fee), then get the rest back as a check from the dealer.

    Assuming tax is 9%, the payment is still only $493/mo.

    To answer your question, you don't have to put any money down.

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  • elija1234elija1234 Member Posts: 3
    Perfect thank you!
  • jeepan1jeepan1 Member Posts: 2
    Looking for MF/RV for 2016 SR5 Premium in Michigan. 24/12 and 36/12
  • MichaellMichaell Moderator Posts: 263,968
    jeepan1 said:

    Looking for MF/RV for 2016 SR5 Premium in Michigan. 24/12 and 36/12

    I'll assume 4x4, based on your location.

    .00190 and 73% / 65%

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  • jeepan1jeepan1 Member Posts: 2
    Thanks!
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