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2016 Toyota Highlander Lease Questions

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  • sb1805sbsb1805sb Member Posts: 4
    Michaell said:

    sb1805sb said:

    sb1805sb said:

    Can you please provide the MF and RV for a 2016 limited in California? 36 months, 12k/year. For FWD and for AWD.

    Thanks!

    Maybe I should specify that this is for the Los Angeles area (if it makes a difference).

    .00190 MF and 66% for FWD, 67% for AWD

    One more question: how much does each MSD reduce the MF? And what is the max number of MSDs? Thanks.
  • patrick427patrick427 Member Posts: 11
    Michaell said:

    Michaell said:

    They elaborated a little more...

    Selling price: $43,000

    aquisition fee: 650

    doc fee: $150

    License Fee: 213

    Tax will be about 8%

    $518/mo w $3k down. $592/mo with just 1st payment down. 12k miles/yr
    $545/mo w $3k down $618/mo with just 1st payment down. 15k miles/yr
    Both payments include all taxes and fees.​

    So, of the $3K they are asking for, about $1K for fees, and I assume the rest is considered "down payment"

    As noted before, we don't recommend that. Your payment will go up about $55/mo without the down (2000 / 36), but still less than the payment the dealer is quoting.

    Something still seems off. Confirm that the selling price is the same as the net capitalized cost - if not, find out what the dealer has added.
    their breakdown for a $591 payment is as follows:
    Selling price: $43,000
    MF: .0019
    Residual $29,634
    Cash down: $600
    License fee: $213
    Taxes: $1902.59
    Doc Fee: $150
    Aquisition Fee: $650

    What state is this? If it's Washington, then tax is applied to the monthly payment, not charged up front.

    Using $45,600 as the MSRP, $43,000 as the cap cost, 63% residual (36/15 for AWD Limited Platinum) and .00190 as the MF, I get $533/mo. Add 9.2% tax, and the payment goes to $582/mo.

    So, closer to the $591/mo quote, but still about $325 difference somewhere.

    If I subtract the $600 "down" from the $43,000 selling price, the payment drops to $562/mo with tax added in.

    Numbers still aren't adding up to the dealer quote.

    Ask the dealer specifically for the net capitalized cost - if different than the selling price, make them explain to your satisfaction what they've added.
    breakdown as given on latest inquiry.
    sale price 43000
    doc fee 150
    government fees 210
    taxes 1902.60
    cash down 592.10
    residual 29634
    gross cap cost 44010
    total term Dep 14376
    monthly Dep 399.33
    monthly lease charge 139.92
    monthly tax 52.85
    total of monthly payments 21315.60
    Est Fees/Term 630

    payment 592.10
  • MichaellMichaell Moderator Posts: 262,650


    Michaell said:

    Michaell said:

    They elaborated a little more...

    Selling price: $43,000

    aquisition fee: 650

    doc fee: $150

    License Fee: 213

    Tax will be about 8%

    $518/mo w $3k down. $592/mo with just 1st payment down. 12k miles/yr
    $545/mo w $3k down $618/mo with just 1st payment down. 15k miles/yr
    Both payments include all taxes and fees.​

    So, of the $3K they are asking for, about $1K for fees, and I assume the rest is considered "down payment"

    As noted before, we don't recommend that. Your payment will go up about $55/mo without the down (2000 / 36), but still less than the payment the dealer is quoting.

    Something still seems off. Confirm that the selling price is the same as the net capitalized cost - if not, find out what the dealer has added.
    their breakdown for a $591 payment is as follows:
    Selling price: $43,000
    MF: .0019
    Residual $29,634
    Cash down: $600
    License fee: $213
    Taxes: $1902.59
    Doc Fee: $150
    Aquisition Fee: $650

    What state is this? If it's Washington, then tax is applied to the monthly payment, not charged up front.

    Using $45,600 as the MSRP, $43,000 as the cap cost, 63% residual (36/15 for AWD Limited Platinum) and .00190 as the MF, I get $533/mo. Add 9.2% tax, and the payment goes to $582/mo.

    So, closer to the $591/mo quote, but still about $325 difference somewhere.

    If I subtract the $600 "down" from the $43,000 selling price, the payment drops to $562/mo with tax added in.

    Numbers still aren't adding up to the dealer quote.

    Ask the dealer specifically for the net capitalized cost - if different than the selling price, make them explain to your satisfaction what they've added.
    breakdown as given on latest inquiry.
    sale price 43000
    doc fee 150
    government fees 210
    taxes 1902.60
    cash down 592.10
    residual 29634
    gross cap cost 44010
    total term Dep 14376
    monthly Dep 399.33
    monthly lease charge 139.92
    monthly tax 52.85
    total of monthly payments 21315.60
    Est Fees/Term 630

    payment 592.10
    Getting closer .. using the new gross cap cost, I get $589/mo.

    But, I still don't understand the tax situation. I get the $589 by adding 9.2% tax to the base payment, but in your numbers there is $1900 of tax assessed. Can't be both.

    Ask the dealer to explain how the sales tax is calculated. This is Washington, correct?

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  • MichaellMichaell Moderator Posts: 262,650
    sb1805sb said:

    Michaell said:

    sb1805sb said:

    sb1805sb said:

    Can you please provide the MF and RV for a 2016 limited in California? 36 months, 12k/year. For FWD and for AWD.

    Thanks!

    Maybe I should specify that this is for the Los Angeles area (if it makes a difference).

    .00190 MF and 66% for FWD, 67% for AWD

    One more question: how much does each MSD reduce the MF? And what is the max number of MSDs? Thanks.
    We don't have any details on the Toyota MSD program. Read back through the last few pages of this discussion to see what others have posted on the subject.

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  • patrick427patrick427 Member Posts: 11
    Michaell said:


    Michaell said:

    Michaell said:

    They elaborated a little more...

    Selling price: $43,000

    aquisition fee: 650

    doc fee: $150

    License Fee: 213

    Tax will be about 8%

    $518/mo w $3k down. $592/mo with just 1st payment down. 12k miles/yr
    $545/mo w $3k down $618/mo with just 1st payment down. 15k miles/yr
    Both payments include all taxes and fees.​

    So, of the $3K they are asking for, about $1K for fees, and I assume the rest is considered "down payment"

    As noted before, we don't recommend that. Your payment will go up about $55/mo without the down (2000 / 36), but still less than the payment the dealer is quoting.

    Something still seems off. Confirm that the selling price is the same as the net capitalized cost - if not, find out what the dealer has added.
    their breakdown for a $591 payment is as follows:
    Selling price: $43,000
    MF: .0019
    Residual $29,634
    Cash down: $600
    License fee: $213
    Taxes: $1902.59
    Doc Fee: $150
    Aquisition Fee: $650

    What state is this? If it's Washington, then tax is applied to the monthly payment, not charged up front.

    Using $45,600 as the MSRP, $43,000 as the cap cost, 63% residual (36/15 for AWD Limited Platinum) and .00190 as the MF, I get $533/mo. Add 9.2% tax, and the payment goes to $582/mo.

    So, closer to the $591/mo quote, but still about $325 difference somewhere.

    If I subtract the $600 "down" from the $43,000 selling price, the payment drops to $562/mo with tax added in.

    Numbers still aren't adding up to the dealer quote.

    Ask the dealer specifically for the net capitalized cost - if different than the selling price, make them explain to your satisfaction what they've added.
    breakdown as given on latest inquiry.
    sale price 43000
    doc fee 150
    government fees 210
    taxes 1902.60
    cash down 592.10
    residual 29634
    gross cap cost 44010
    total term Dep 14376
    monthly Dep 399.33
    monthly lease charge 139.92
    monthly tax 52.85
    total of monthly payments 21315.60
    Est Fees/Term 630

    payment 592.10
    Getting closer .. using the new gross cap cost, I get $589/mo.

    But, I still don't understand the tax situation. I get the $589 by adding 9.2% tax to the base payment, but in your numbers there is $1900 of tax assessed. Can't be both.

    Ask the dealer to explain how the sales tax is calculated. This is Washington, correct?
    their explanation was the first payment was in their city with a higher tax rate but once recorded with the state and Toyota it will reduce down to the tax rate of the city I live (8%) and be BASE PAYMENT 539.25, at 8% (43.14) payment goes to 582.39. same for any excess license fees collected. if my city has a lower rate, the state will refund any overage paid. So that pretty much explains that. Now I just have to choose which of the two rides I want to go with. I asked you to look over the Lexus lease I was also offered over on the other thread. thanks for your time!
  • MichaellMichaell Moderator Posts: 262,650
    They elaborated a little more... Selling price: $43,000 aquisition fee: 650 doc fee: $150 License Fee: 213 Tax will be about 8% $518/mo w $3k down. $592/mo with just 1st payment down. 12k miles/yr $545/mo w $3k down $618/mo with just 1st payment down. 15k miles/yr Both payments include all taxes and fees.​
    So, of the $3K they are asking for, about $1K for fees, and I assume the rest is considered "down payment" As noted before, we don't recommend that. Your payment will go up about $55/mo without the down (2000 / 36), but still less than the payment the dealer is quoting. Something still seems off. Confirm that the selling price is the same as the net capitalized cost - if not, find out what the dealer has added.
    their breakdown for a $591 payment is as follows: Selling price: $43,000 MF: .0019 Residual $29,634 Cash down: $600 License fee: $213 Taxes: $1902.59 Doc Fee: $150 Aquisition Fee: $650
    What state is this? If it's Washington, then tax is applied to the monthly payment, not charged up front. Using $45,600 as the MSRP, $43,000 as the cap cost, 63% residual (36/15 for AWD Limited Platinum) and .00190 as the MF, I get $533/mo. Add 9.2% tax, and the payment goes to $582/mo. So, closer to the $591/mo quote, but still about $325 difference somewhere. If I subtract the $600 "down" from the $43,000 selling price, the payment drops to $562/mo with tax added in. Numbers still aren't adding up to the dealer quote. Ask the dealer specifically for the net capitalized cost - if different than the selling price, make them explain to your satisfaction what they've added.
    breakdown as given on latest inquiry. sale price 43000 doc fee 150 government fees 210 taxes 1902.60 cash down 592.10 residual 29634 gross cap cost 44010 total term Dep 14376 monthly Dep 399.33 monthly lease charge 139.92 monthly tax 52.85 total of monthly payments 21315.60 Est Fees/Term 630 payment 592.10
    Getting closer .. using the new gross cap cost, I get $589/mo. But, I still don't understand the tax situation. I get the $589 by adding 9.2% tax to the base payment, but in your numbers there is $1900 of tax assessed. Can't be both. Ask the dealer to explain how the sales tax is calculated. This is Washington, correct?
    their explanation was the first payment was in their city with a higher tax rate but once recorded with the state and Toyota it will reduce down to the tax rate of the city I live (8%) and be BASE PAYMENT 539.25, at 8% (43.14) payment goes to 582.39. same for any excess license fees collected. if my city has a lower rate, the state will refund any overage paid. So that pretty much explains that. Now I just have to choose which of the two rides I want to go with. I asked you to look over the Lexus lease I was also offered over on the other thread. thanks for your time!
    That still seems hinkey. Usually sales tax is calculated based on the registration address, not the selling address. But, if you're comfortable with it, then choose which vehicle you will enjoy driving for the next three years. 

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  • Hi,

    I got Highlander 2016 XLE FWD on lease for 12k miles, 36 months in Houston, TX
    Down- $4359 (includes first payment)
    Monthly: $359/-
    Residual value: ~$27k

    How is this deal?
  • MichaellMichaell Moderator Posts: 262,650
    amana_001 said:

    Hi,

    I got Highlander 2016 XLE FWD on lease for 12k miles, 36 months in Houston, TX
    Down- $4359 (includes first payment)
    Monthly: $359/-
    Residual value: ~$27k

    How is this deal?

    What is the MSRP and adjusted cap cost?

    Does the $4359 include all taxes and fees?

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  • charles603charles603 Member Posts: 14
    Michaell said:

    Thank for the prompt response. The car is experiencing issues that are no longer under warranty and it's best to get out. Last week was $170 in faulty indicator lights, due to an electrical grounding issues, also needs tires around 5k miles ago. All payments for mileage / lease payments are included in the $2500 down / $450 mo. No additional out of pocket.

    Hi Michael, can you please advise? Thank you.
    So, if the $2500 up front covers the prior lease charges, are the acquisition / dealer fees being added to the negotiated selling price? What is the net cap cost, after all these additions?

    $450/mo seems to be OK, but until we have all the details, it's all guesswork.

    Michael,

    Sorry for the delay - Still would like to know if this is a good deal and where the down payment and monthly should be on this deal. All of teh details are below - Thanks

    Old Car:
    2013 Highlander Being Traded in 3 Months Early @ 380/mo ($1140); 7,500 over on Miles @.15 mile ($1125); $350 Disposition fee, $200 repair bill dealer will pay.
    All of the above will be rolled into new lease - Total = $2815

    New Car:
    Highlander XLE 12k miles / yr; 36 Mo Lease; NJ (Tax 7%); MSRP $40,203; MF.00190
    $2500 Due at Signing / $450 for next 35 months ; $350 Disposition fee at lease end

    Breakdown of $2500 Down:
    Cap Cost Red. $1325.30
    First Mo Payment - $450
    Security Deposit - $0
    Registration - $315
    Documnet Fee - $395
    Tire Fee - $15.20

    Cap Cost - $41027.06 Breakdown:
    Vehicle Value - $37054.64
    Taxes $1141.42
    Prior Lease Balance - $2181.00
    Aquisition Fee - $650

    Other Info:
    Adjusted Cap Cost - $39701.00
    Residual / Lease End Purchase Price - $28142.00
    Depriciation $11599.76
    Rent - $4640.40
    Total Base Monthly Payments - $16,200.16

    Please advise regarding this deal.
  • MichaellMichaell Moderator Posts: 262,650

    Michaell said:

    Thank for the prompt response. The car is experiencing issues that are no longer under warranty and it's best to get out. Last week was $170 in faulty indicator lights, due to an electrical grounding issues, also needs tires around 5k miles ago. All payments for mileage / lease payments are included in the $2500 down / $450 mo. No additional out of pocket.

    Hi Michael, can you please advise? Thank you.
    So, if the $2500 up front covers the prior lease charges, are the acquisition / dealer fees being added to the negotiated selling price? What is the net cap cost, after all these additions?

    $450/mo seems to be OK, but until we have all the details, it's all guesswork.

    Michael,

    Sorry for the delay - Still would like to know if this is a good deal and where the down payment and monthly should be on this deal. All of teh details are below - Thanks

    Old Car:
    2013 Highlander Being Traded in 3 Months Early @ 380/mo ($1140); 7,500 over on Miles @.15 mile ($1125); $350 Disposition fee, $200 repair bill dealer will pay.
    All of the above will be rolled into new lease - Total = $2815

    New Car:
    Highlander XLE 12k miles / yr; 36 Mo Lease; NJ (Tax 7%); MSRP $40,203; MF.00190
    $2500 Due at Signing / $450 for next 35 months ; $350 Disposition fee at lease end

    Breakdown of $2500 Down:
    Cap Cost Red. $1325.30
    First Mo Payment - $450
    Security Deposit - $0
    Registration - $315
    Documnet Fee - $395
    Tire Fee - $15.20

    Cap Cost - $41027.06 Breakdown:
    Vehicle Value - $37054.64
    Taxes $1141.42
    Prior Lease Balance - $2181.00
    Aquisition Fee - $650

    Other Info:
    Adjusted Cap Cost - $39701.00
    Residual / Lease End Purchase Price - $28142.00
    Depriciation $11599.76
    Rent - $4640.40
    Total Base Monthly Payments - $16,200.16

    Please advise regarding this deal.
    If you are 'trading in' the old Highlander, it would work like any other trade in. Find the current payoff value, and get the trade value (take it to CarMax for a buyout offer, or use the "real world trade in values" discussion here at Edmunds). Then, you'll know if you have positive or negative equity, and how much. I doubt very seriously that you're $2800 upside down on a car that holds its value as well as a Highlander.

    What is the negotiated selling price of the new Highlander? You should be able to get a little bit of a discount from sticker.

    Regarding capitalized cost reduction (aka down payment) - other that the upfront taxes and fees, we recommend no other cash out of pocket at lease inception. If the car is stolen or totaled, that money is lost.

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  • charles603charles603 Member Posts: 14
    $37,054.64 - is the negotiated selling price. The deal is done with all of the details above, how did I do using these facts? Thanks.
  • MichaellMichaell Moderator Posts: 262,650

    $37,054.64 - is the negotiated selling price. The deal is done with all of the details above, how did I do using these facts? Thanks.

    Given all the charges associated with your old lease, and the high MF for the Highlander, I'd say you did well with your $450/mo payment on a $40K vehicle.

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  • vivienne1vivienne1 Member Posts: 1
    edited March 2016
    I have a similar situation to Charles603.

    State is California.

    OLD LEASE:
    2013 Highlander LE
    7 Payments left (November end)
    $17,204 residual
    Very low miles (15,500mi) - Perfect condition
    $350 Disposition Fee
    This payment is $299/mo before taxes, gap, wear & tear ($379 total). Paid no money down - just taxes, fees and first payment (total$800) - (and I believe that the dealership paid 1,500 down on our behalf, hidden from us, but I saw this on the paperwork today (as EQUITY on their paperwork, but we never traded in or put any money down and it's not reflected in our paperwork)


    NEW LEASE if jumped into today (these numbers are the "ballpark", unnegotiated # from the dealer)

    2016 Highlander XLE
    38,163 MRSP
    26,353 RES
    37,534 Gross Cap
    (MF not directly quoted)
    Originally said payment was $505 p/m without taxes, abridged to $463 plus taxes after I asked for a breakdown.
    $1,000 down (said to cover the taxes & other fees up front but I somehow doubt this, and think that'll be tacked on.)
    36 months/ 12,000 miles

    What's the right thing to do here? First, I know I can lower the price, from the 38,163 MRSP, but I feel that if 2013 Highlanders with low miles are selling for 20-23K, then I should profit in some way from the 17K residual price --

    Also see that it was suggested that the original lease be treated as a trade-in - I like that idea and that's what I've suggested to my husband but unsure how to value that. Thoughts?
  • MichaellMichaell Moderator Posts: 262,650
    vivienne1 said:

    I have a similar situation to Charles603.

    State is California.

    OLD LEASE:
    2013 Highlander LE
    7 Payments left (November end)
    $17,204 residual
    Very low miles (15,500mi) - Perfect condition
    $350 Disposition Fee
    This payment is $299/mo before taxes, gap, wear & tear ($379 total). Paid no money down - just taxes, fees and first payment (total$800) - (and I believe that the dealership paid 1,500 down on our behalf, hidden from us, but I saw this on the paperwork today (as EQUITY on their paperwork, but we never traded in or put any money down and it's not reflected in our paperwork)


    NEW LEASE if jumped into today (these numbers are the "ballpark", unnegotiated # from the dealer)

    2016 Highlander XLE
    38,163 MRSP
    26,353 RES
    37,534 Gross Cap
    (MF not directly quoted)
    Originally said payment was $505 p/m without taxes, abridged to $463 plus taxes after I asked for a breakdown.
    $1,000 down (said to cover the taxes & other fees up front but I somehow doubt this, and think that'll be tacked on.)
    36 months/ 12,000 miles

    What's the right thing to do here? First, I know I can lower the price, from the 38,163 MRSP, but I feel that if 2013 Highlanders with low miles are selling for 20-23K, then I should profit in some way from the 17K residual price --

    Also see that it was suggested that the original lease be treated as a trade-in - I like that idea and that's what I've suggested to my husband but unsure how to value that. Thoughts?

    Arm yourself with information. Call TFS and find out the payoff value of your current lease. Then, hit up your local CarMax to have them make you a cash offer. Also, check out the 'real world trade in values' discussion for an honest evaluation. That way, you'll know if you have a positive or negative equity situation.

    Don't think of it as "i have x payments of $y" - your current lease is evaluated like any other trade.

    I would also ask about the MF on the new lease - base rate is .00190, but dealer can mark it up for extra profit.

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  • j_smith1j_smith1 Member Posts: 60
    Hello do you have LE Plus AWD numbers in NY 3 years 10k and 12k?

    Thanks!
  • kyfdxkyfdx Moderator Posts: 266,144
    edited March 2016
    j_smith1 said:

    Hello do you have LE Plus AWD numbers in NY 3 years 10k and 12k?

    Thanks!

    .0020 MF and 69% residual for 36/12.

    No 10K/yr with TFS

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  • jennyjenjennyjen Member Posts: 107
    Hi

    Do you have the 2016 Highlander LE Plus AWD numbers in NJ 24 months and 12k?

    Thanks!
    Jenn
  • MichaellMichaell Moderator Posts: 262,650
    jennyjen said:

    Hi

    Do you have the 2016 Highlander LE Plus AWD numbers in NJ 24 months and 12k?

    Thanks!
    Jenn

    .00190 and 78%

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  • amcbimmeramcbimmer Member Posts: 4
    edited March 2016
    Can you give me money factor and residual for 2016 Highlander XLE AWD for 12k a year 36 months?
  • kyfdxkyfdx Moderator Posts: 266,144
    amcbimmer said:

    Can you give me money factor and residual for 2016 Highlander XLE AWD for 12k a year 36 months?

    .0020 MF and 70% residual

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  • dapcr123dapcr123 Member Posts: 4
    Hello!

    Trying to get MF/residual numbers for a 2016 Highlander Limited Platinum AWD for a 36 month lease, both 12k and 15k, here in beautiful Colorado.

    Many thanks!
  • kyfdxkyfdx Moderator Posts: 266,144
    dapcr123 said:

    Hello!

    Trying to get MF/residual numbers for a 2016 Highlander Limited Platinum AWD for a 36 month lease, both 12k and 15k, here in beautiful Colorado.

    Many thanks!

    .00180 MF and 65%/63% residual

    (sort of an estimate on the MF.. .somewhere between .00180-.00200)

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  • dapcr123dapcr123 Member Posts: 4
    edited March 2016
    kyfdx said:



    .00180 MF and 65%/63% residual

    (sort of an estimate on the MF.. .somewhere between .00180-.00200)

    Hi, thanks for the quick response!
    Can you explain what you mean by "sort of an estimate" just for my own education?
    Thanks again!
    D
  • MichaellMichaell Moderator Posts: 262,650
    dapcr123 said:

    kyfdx said:



    .00180 MF and 65%/63% residual

    (sort of an estimate on the MF.. .somewhere between .00180-.00200)

    Hi, thanks for the quick response!
    Can you explain what you mean by "sort of an estimate" just for my own education?
    Thanks again!
    D
    It means we don't know the exact MF, but we've seen them in that range in other parts of the country, so we're pretty confident it will be similar.

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  • klnmcmgklnmcmg Member Posts: 113
    MF and RV for Highlander XLE FWD 36/12, 36/15. Southeast Toyota Finance
  • MichaellMichaell Moderator Posts: 262,650
    klnmcmg said:

    MF and RV for Highlander XLE FWD 36/12, 36/15. Southeast Toyota Finance

    36/15 - 67% and .00199

    Add 2% for 12K

    Toyota numbers are set to expire Monday, 4/4/16

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  • klnmcmgklnmcmg Member Posts: 113
    edited April 2016
    Thanks. Just looking for some numbers to compare. What about for 24/15?
  • kyfdxkyfdx Moderator Posts: 266,144
    klnmcmg said:

    Thanks. Just looking for some numbers to compare. What about for 24/15?

    I don't show any 24 month lease programs on the Highlander from SETF.

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  • klnmcmgklnmcmg Member Posts: 113
    Ok thanks 
  • faris09faris09 Member Posts: 3
    Hi!  I am new to leasing and I was really hoping to get some advice or direction on my lease.  

    2016 Highlander XLE

    From WA , I got a sale price of 37,500.  MSRP 39770.  RV of $27839.  MF 0.00200. Acquisition fee $650.   36/12k . I am sure you probably need more info.  But what is a ball park range I should expect for a monthly payment.  Anything helps.  

    Thanks! 
  • kyfdxkyfdx Moderator Posts: 266,144
    faris09 said:

    Hi!  I am new to leasing and I was really hoping to get some advice or direction on my lease.  

    2016 Highlander XLE

    From WA , I got a sale price of 37,500.  MSRP 39770.  RV of $27839.  MF 0.00200. Acquisition fee $650.   36/12k . I am sure you probably need more info.  But what is a ball park range I should expect for a monthly payment.  Anything helps.  

    Thanks! 

    If you pay all the fees and extras upfront, $399/mo+tax.

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  • faris09faris09 Member Posts: 3
    kyfdx said:
    Hi!  I am new to leasing and I was really hoping to get some advice or direction on my lease.  

    2016 Highlander XLE

    From WA , I got a sale price of 37,500.  MSRP 39770.  RV of $27839.  MF 0.00200. Acquisition fee $650.   36/12k . I am sure you probably need more info.  But what is a ball park range I should expect for a monthly payment.  Anything helps.  

    Thanks! 
    If you pay all the fees and extras upfront, $399/mo+tax 

    You always suggest not to put anything down, right?  I'd be fine with around $400 a month. Is this a good monthly? 
  • MichaellMichaell Moderator Posts: 262,650
    faris09 said:


    kyfdx said:

    faris09 said:

    Hi!  I am new to leasing and I was really hoping to get some advice or direction on my lease.  

    2016 Highlander XLE

    From WA , I got a sale price of 37,500.  MSRP 39770.  RV of $27839.  MF 0.00200. Acquisition fee $650.   36/12k . I am sure you probably need more info.  But what is a ball park range I should expect for a monthly payment.  Anything helps.  

    Thanks! 

    If you pay all the fees and extras upfront, $399/mo+tax 

    You always suggest not to put anything down, right?  I'd be fine with around $400 a month. Is this a good monthly? 

    There is a difference between the up front costs of a lease and a down payment. OK to do the former; we don't recommend the latter.

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  • klnmcmgklnmcmg Member Posts: 113
    Can I get most recent RV and MF for highlander XLE Fwd in NC, 36/12? 
  • MichaellMichaell Moderator Posts: 262,650
    klnmcmg said:

    Can I get most recent RV and MF for highlander XLE Fwd in NC, 36/12? 

    69% and .00199

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  • faris09faris09 Member Posts: 3
    Went to the dealer today and something just didn't feel right.  And I never felt like I was being explained everything throughly.  

    MSRP 40,139
    sale with adds 38335
    residual.  27839
    MF .00265
    docs/reg/first month - 881
    acquisition 650
    tax 9%

    i had a trade in equity of of 2200 ( could be more if keep negotiating). But he kept rolling it in as a tax credit.  Is this necessary ?  

    Can't  remeber the numbers but I was getting a lower rate for 26 mo and the final 10mo were increased.  

    What should my numbers look like? 
  • MichaellMichaell Moderator Posts: 262,650
    faris09 said:

    Went to the dealer today and something just didn't feel right.  And I never felt like I was being explained everything throughly.  

    MSRP 40,139
    sale with adds 38335
    residual.  27839
    MF .00265
    docs/reg/first month - 881
    acquisition 650
    tax 9%

    i had a trade in equity of of 2200 ( could be more if keep negotiating). But he kept rolling it in as a tax credit.  Is this necessary ?  

    Can't  remeber the numbers but I was getting a lower rate for 26 mo and the final 10mo were increased.  

    What should my numbers look like? 

    The MF is certainly marked up, to start with.

    What state and tax rate is this? Toyota numbers are regional.

    How many miles per year are you looking for?

    Some of the trade equity can be used to cover the up front taxes and fees, but you should ask for the rest back as a check from the dealership.

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  • mimine22mimine22 Member Posts: 3
    Can I please have the numbers for XLE AWD 36/12k in the Boston area. Thanks! 
  • MichaellMichaell Moderator Posts: 262,650
    mimine22 said:

    Can I please have the numbers for XLE AWD 36/12k in the Boston area. Thanks! 

    .00190 and 70%

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  • era123era123 Member Posts: 93
    Can anyone provide top of the line info for the Highlander in southeast florida, 10k miles 36 or 39?
  • MichaellMichaell Moderator Posts: 262,650
    era123 said:

    Can anyone provide top of the line info for the Highlander in southeast florida, 10k miles 36 or 39?

    What trim level would that be?

    4x2 or 4x4?

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  • era123era123 Member Posts: 93
    Michaell said:

    era123 said:

    Can anyone provide top of the line info for the Highlander in southeast florida, 10k miles 36 or 39?

    What trim level would that be?

    4x2 or 4x4?
    FWD Limited and Limited Platinum
  • kyfdxkyfdx Moderator Posts: 266,144
    era123 said:

    Michaell said:

    era123 said:

    Can anyone provide top of the line info for the Highlander in southeast florida, 10k miles 36 or 39?

    What trim level would that be?

    4x2 or 4x4?
    FWD Limited and Limited Platinum
    .0020 MF and 64%/62% residual for 36/12. Subtract 2% for 39 months.

    No 10K/yr from Toyota.

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  • buster6buster6 Member Posts: 134
    edited April 2016
    Hi,

    Could I please get the numbers for a 24/12 and 30/12 on a 2WD XLE in Phoenix?
  • pacopg3pacopg3 Member Posts: 81
    Can you please post the MF and residual for an xle fwd in AZ? 24/12 and 36/12 please. 
  • era123era123 Member Posts: 93
    Does Toyota have an MSD program?
  • kyfdxkyfdx Moderator Posts: 266,144
    edited April 2016
    buster6 said:

    Hi,

    Could I please get the numbers for a 24/12 and 30/12 on a 2WD XLE in Phoenix?

    .0020 MF and 76%/72% residual

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  • kyfdxkyfdx Moderator Posts: 266,144
    pacopg3 said:

    Can you please post the MF and residual for an xle fwd in AZ? 24/12 and 36/12 please. 

    .0020 MF and 76%/69% residual

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  • kyfdxkyfdx Moderator Posts: 266,144
    era123 said:

    Does Toyota have an MSD program?

    We've heard anecdotal reports, but no solid info.

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  • gorelikgorelik Member Posts: 3
    Hi there,

    Looking for MF and residual in CA/Bay Area for a 12k/36 month Highlander Hybrid Limited AWD. Thanks!
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