2016 Toyota Highlander Lease Questions

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  • MichaellMichaell Moderator Posts: 264,417
    jjoy8994 said:



    jjoy8994 said:


    Michaell said:

    jjoy8994 said:

    RV & MF on Highlander XLE & Limited 15/36 Central NJ?

    FWD or AWD?

    .00190 MF for either.


    AWD

    XLE - 67%
    Limited - 64%

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  • toolbox40toolbox40 Member Posts: 1
    RV & MF on 2016 Highlander XLE 36/12 and 36/15 St. Louis MO?
  • kyfdxkyfdx Moderator Posts: 267,637
    edited July 2016
    toolbox40 said:

    RV & MF on 2016 Highlander XLE 36/12 and 36/15 St. Louis MO?

    .00019 MF and 69%/67% residual.

    Subtract 1% if it is FWD.

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  • ressalgressalg Member Posts: 6
    Hi, Do you have the MF and RV numbers for a 2016 Highlander Limited in Colorado? 36/12; 39/12. Thank you!
  • MichaellMichaell Moderator Posts: 264,417
    ressalg said:

    Hi, Do you have the MF and RV numbers for a 2016 Highlander Limited in Colorado? 36/12; 39/12. Thank you!

    Assuming AWD (really, who gets a 2WD SUV in Colorado?)

    .00190 and 66% / 64%

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  • ressalgressalg Member Posts: 6
    Michaell said:

    ressalg said:

    Hi, Do you have the MF and RV numbers for a 2016 Highlander Limited in Colorado? 36/12; 39/12. Thank you!

    Assuming AWD (really, who gets a 2WD SUV in Colorado?)

    .00190 and 66% / 64%
    Yes AWD. Thank you!
  • jonathanj2jonathanj2 Member Posts: 2

    @ dealer now
    2016 AWD LTD 15/36 Central NJ
    Sticker 44,500
    Net Cap Cost 39,000 (2k cash net cap cost reduction applied)
    4k out of pocket (2k net cap cost reduction, taxes, reg, title, doc fee, acquisition, first month)
    497.00/mo. 
    Good Deal? Should I Sign?
  • kyfdxkyfdx Moderator Posts: 267,637


    @ dealer now
    2016 AWD LTD 15/36 Central NJ
    Sticker 44,500
    Net Cap Cost 39,000 (2k cash net cap cost reduction applied)
    4k out of pocket (2k net cap cost reduction, taxes, reg, title, doc fee, acquisition, first month)
    497.00/mo. 
    Good Deal? Should I Sign?

    With that CAP, .00190 MF and 64% residual, I get $421/mo.

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  • jonathanj2jonathanj2 Member Posts: 2
    Yes but one would expect the dealer to make some profit no?
  • MichaellMichaell Moderator Posts: 264,417

    Yes but one would expect the dealer to make some profit no?

    Trust us .. no dealer would agree to a deal if there wasn't some sort of profit involved.

    Not for you to worry about ...

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  • JGarcia101JGarcia101 Member Posts: 1
    Hi, do you have the money factor and residual % for July on a Highlander XLE FWD MSRP 38,690? This is in Los Angeles. Thanks
  • MichaellMichaell Moderator Posts: 264,417

    Hi, do you have the money factor and residual % for July on a Highlander XLE FWD MSRP 38,690? This is in Los Angeles. Thanks

    What lease term and how many miles per year?

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  • crossfit402crossfit402 Member Posts: 13
    Can I get the mf and rev in northern ca for limited and clean awd. Was told they don't do a 10mile lease? Have bad loan need to roll in 4-5k in on trade in. Any suggestions would be appreciated. My ladies bad loan not mine. I use edmunds.
  • crossfit402crossfit402 Member Posts: 13
    Another question got quote
    Xle awd msrp 40175
    Selling price 37215
    Ncc 36901 after fees and reduction 1584
    Mf .002 rev 69%
    12k (want 10k)
    415 month

    I get 384 but then they add monthly 31 tax? Is that right?
  • MichaellMichaell Moderator Posts: 264,417

    Can I get the mf and rev in northern ca for limited and clean awd. Was told they don't do a 10mile lease? Have bad loan need to roll in 4-5k in on trade in. Any suggestions would be appreciated. My ladies bad loan not mine. I use edmunds.

    Another question got quote
    Xle awd msrp 40175
    Selling price 37215
    Ncc 36901 after fees and reduction 1584
    Mf .002 rev 69%
    12k (want 10k)
    415 month

    I get 384 but then they add monthly 31 tax? Is that right?

    That is correct .. TFS does not offer 10K leases.

    36/12 on XLE AWD is 69%, as your quote stipulates.

    With your prices, I get $384/mo before tax.

    CA taxes the monthly payment; if the tax rate where you are is 8%, I get $415/mo.

    All of this, I presume, is before dealing with the negative equity. Each $1000 added in will add about $28/mo to the lease payment (before tax).

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  • justjason1justjason1 Member Posts: 5
    edited August 2016
    RV & MF on 2016 Highlander Limited AWD 36/12 and 36/15 in Portland, OR? Thanks!
  • MichaellMichaell Moderator Posts: 264,417

    RV & MF on 2016 Highlander Limited AWD 36/12 and 36/15 in Portland, OR? Thanks!

    .00190 and 66% / 64%

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  • bkelsey25bkelsey25 Member Posts: 3
    Can I please get the RV & MF on 2016 Highlander Limited FWD 36/12 in Texas (DFW area)
  • MichaellMichaell Moderator Posts: 264,417
    bkelsey25 said:

    Can I please get the RV & MF on 2016 Highlander Limited FWD 36/12 in Texas (DFW area)

    65% and .00190

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  • mills4realzmills4realz Member Posts: 2
    Can I get the MF, RV and any incentives for a 2016 AWD highlander LE & LE Plus for 36/12 in IL?
  • MichaellMichaell Moderator Posts: 264,417

    Can I get the MF, RV and any incentives for a 2016 AWD highlander LE & LE Plus for 36/12 in IL?

    .00190 and 70% (LE) or 68% (LE Plus).

    No incentives.

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  • archmod2archmod2 Member Posts: 29
    Hi there...looking for MF and residual for 2016 Highlander Limited in Northern California. 36mo/12k
    Thanks
  • MichaellMichaell Moderator Posts: 264,417
    archmod2 said:

    Hi there...looking for MF and residual for 2016 Highlander Limited in Northern California. 36mo/12k
    Thanks

    .00190 and 65% for Limited FWD

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  • therivaltherival Member Posts: 10
    Looking for residual and mf on a 3 year 15k in an LE in new york
  • MichaellMichaell Moderator Posts: 264,417
    therival said:

    Looking for residual and mf on a 3 year 15k in an LE in new york

    .00190 68%, assuming all-wheel-drive

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  • ChrismaxChrismax Member Posts: 87
    MF and Residual on an XLE AWD in Illinois? 36/12 and 36/15, thanks in advance
  • MichaellMichaell Moderator Posts: 264,417
    ccorcoran said:

    MF and Residual on an XLE AWD in Illinois? 36/12 and 36/15, thanks in advance

    .00190 and 69% / 67%

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  • jkarsenaljkarsenal Member Posts: 2
    Hello everybody.. I'm looking for the RV and MF for the XLE FWD in Florida 36/15k..thanks
  • MichaellMichaell Moderator Posts: 264,417
    jkarsenal said:

    Hello everybody.. I'm looking for the RV and MF for the XLE FWD in Florida 36/15k..thanks

    We show .00190 MF, but we don't have any residual information for SouthEast Toyota, which includes Florida.

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  • pilotscottinkypilotscottinky Member Posts: 8
    looking at a 2016 highlander XLE AWD, being quoted at invoice, around $37,743, with MF of .00019, residual at 67%, i think. 12K per year at $464, 15K at $483, no money down. seems high. trading a 2012 pathfinder, of which I am getting money back from the sale.
  • MichaellMichaell Moderator Posts: 264,417

    looking at a 2016 highlander XLE AWD, being quoted at invoice, around $37,743, with MF of .00019, residual at 67%, i think. 12K per year at $464, 15K at $483, no money down. seems high. trading a 2012 pathfinder, of which I am getting money back from the sale.

    What is the MSRP?

    What state and tax rate?

    How much total due at signing?

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  • pilotscottinkypilotscottinky Member Posts: 8
    kentucky. 6%, price is 37,649, $0 due at signing.
  • MichaellMichaell Moderator Posts: 264,417

    kentucky. 6%, price is 37,649, $0 due at signing.

    You're getting basically nothing off sticker?

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  • pilotscottinkypilotscottinky Member Posts: 8
    sticker is $40,364, it's marked down to $37,439
  • kyfdxkyfdx Moderator Posts: 267,637

    sticker is $40,364, it's marked down to $37,439

    Your money factor is likely .0019, not .00019.

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  • pilotscottinkypilotscottinky Member Posts: 8
    correct. they are offering me $450 a month, 15K per with 1K down, best deal they have.
  • kyfdxkyfdx Moderator Posts: 267,637

    correct. they are offering me $450 a month, 15K per with 1K down, best deal they have.

    That's about right for a Highlander with a $40K MSRP.

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  • Good morning. I'm looking for the current MF and RV on a 2016 XLE AWD in Delaware. Thank you!
  • MichaellMichaell Moderator Posts: 264,417
    jm4cars said:

    Good morning. I'm looking for the current MF and RV on a 2016 XLE AWD in Delaware. Thank you!

    What lease term and how many miles per year?

    .00190 MF

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  • Michaell said:

    jm4cars said:

    Good morning. I'm looking for the current MF and RV on a 2016 XLE AWD in Delaware. Thank you!

    What lease term and how many miles per year?

    .00190 MF
    36 month, 15k/year. Also, what would 18k/yr do to the RV? Thanks!
  • MichaellMichaell Moderator Posts: 264,417
    jm4cars said:

    Michaell said:

    jm4cars said:

    Good morning. I'm looking for the current MF and RV on a 2016 XLE AWD in Delaware. Thank you!

    What lease term and how many miles per year?

    .00190 MF
    36 month, 15k/year. Also, what would 18k/yr do to the RV? Thanks!
    67% for 36/15. In general, more that 15K miles are deducted using a per mile rate - probably between .15-.25 per mile.

    Assuming .20 per mile, that would equate to $1800being deducted from the calculated 36/15 residual amount.

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  • Michaell said:

    jm4cars said:

    Michaell said:

    jm4cars said:

    Good morning. I'm looking for the current MF and RV on a 2016 XLE AWD in Delaware. Thank you!

    What lease term and how many miles per year?

    .00190 MF
    36 month, 15k/year. Also, what would 18k/yr do to the RV? Thanks!
    67% for 36/15. In general, more that 15K miles are deducted using a per mile rate - probably between .15-.25 per mile.

    Assuming .20 per mile, that would equate to $1800being deducted from the calculated 36/15 residual amount.
    XLE AWD we’re looking is Blizzard Pearl and comes with captain chairs, weather mats, wheel locks with MSRP $40,665.

    Factory Invoice I found says $37,350, so let’s assume I get a price of $38k and stick with 36 month/15k miles.

    With info you provided and assuming $0 cash down (paying only 1st month payment and doc fees), I come up with $442 per month plus tax.

    Does that sound right? Good deal?

    Thanks so much, really appreciate the help!
  • MichaellMichaell Moderator Posts: 264,417
    jm4cars said:

    Michaell said:

    jm4cars said:

    Michaell said:

    jm4cars said:

    Good morning. I'm looking for the current MF and RV on a 2016 XLE AWD in Delaware. Thank you!

    What lease term and how many miles per year?

    .00190 MF
    36 month, 15k/year. Also, what would 18k/yr do to the RV? Thanks!
    67% for 36/15. In general, more that 15K miles are deducted using a per mile rate - probably between .15-.25 per mile.

    Assuming .20 per mile, that would equate to $1800being deducted from the calculated 36/15 residual amount.
    XLE AWD we’re looking is Blizzard Pearl and comes with captain chairs, weather mats, wheel locks with MSRP $40,665.

    Factory Invoice I found says $37,350, so let’s assume I get a price of $38k and stick with 36 month/15k miles.

    With info you provided and assuming $0 cash down (paying only 1st month payment and doc fees), I come up with $442 per month plus tax.

    Does that sound right? Good deal?

    Thanks so much, really appreciate the help!
    I get $423/mo plus tax with those numbers.

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  • Michaell said:

    jm4cars said:

    Michaell said:

    jm4cars said:

    Michaell said:

    jm4cars said:

    Good morning. I'm looking for the current MF and RV on a 2016 XLE AWD in Delaware. Thank you!

    What lease term and how many miles per year?

    .00190 MF
    36 month, 15k/year. Also, what would 18k/yr do to the RV? Thanks!
    67% for 36/15. In general, more that 15K miles are deducted using a per mile rate - probably between .15-.25 per mile.

    Assuming .20 per mile, that would equate to $1800being deducted from the calculated 36/15 residual amount.
    XLE AWD we’re looking is Blizzard Pearl and comes with captain chairs, weather mats, wheel locks with MSRP $40,665.

    Factory Invoice I found says $37,350, so let’s assume I get a price of $38k and stick with 36 month/15k miles.

    With info you provided and assuming $0 cash down (paying only 1st month payment and doc fees), I come up with $442 per month plus tax.

    Does that sound right? Good deal?

    Thanks so much, really appreciate the help!
    I get $423/mo plus tax with those numbers.
    Yep. Looks like I had included a $650 Acq Fee, but I got $423 also when breaking that out.
  • jksweepjksweep Member Posts: 15
    Do you have the MF and RV numbers for a 2016 Highlander Limited FWD and XLE FWD in Texas? 36/12, 36/15; 39/12; 39/15.
  • kyfdxkyfdx Moderator Posts: 267,637
    jksweep said:

    Do you have the MF and RV numbers for a 2016 Highlander Limited FWD and XLE FWD in Texas? 36/12, 36/15; 39/12; 39/15.

    63%/66% residual for XLE/Limited for 36/15.
    Subtract 2% for 39 months
    Add 2% for 12K/yr

    .00190 MF

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  • mattyfo0zmattyfo0z Member Posts: 59
    12k residual for I4 LE? Assuming the Highlander's standard MF of .00190?
  • MichaellMichaell Moderator Posts: 264,417
    mattyfo0z said:

    12k residual for I4 LE? Assuming the Highlander's standard MF of .00190?

    68% and .00190

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  • toledo73toledo73 Member Posts: 174
    Dealer here in SF bay area quoting me .00210 MF for a 2016 Highlander LE with V6. Is the .00190 no longer available? This is Hayward Toyota. Thanks
  • MichaellMichaell Moderator Posts: 264,417
    toledo73 said:

    Dealer here in SF bay area quoting me .00210 MF for a 2016 Highlander LE with V6. Is the .00190 no longer available? This is Hayward Toyota. Thanks

    We've always assumed the base rate for Toyota was .00190. But, we've no evidence of that. We've had other posters quote .00200 as well - it's possible your dealer is marking up the rate.

    Check with other dealers?

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