2016 Toyota Sienna Lease Questions

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  • kyfdxkyfdx Moderator Posts: 267,528
    chillcut said:

    Can I get the MF and RV on FWD 2016 Sienna XLE and FWD 2016 SE for 36/12k in NorCal? Thanks!

    .00001 MF and 56%/57% residual for SE/XLE.

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  • ChrislynnChrislynn Member Posts: 4
    Shall I take this offer?
    2016 Sienna Limited Premium, 36 month, 12,000 miles.
    SELLING PRICE $44050
    NO REBATE
    DOWN PAYMENT $2000
    MONEY FACTOR .00001
    DOC FEE $419
    DISPOSITION FEE $350
    RESIDUAL $25150
    MONTHLY $565
  • MichaellMichaell Moderator Posts: 263,818
    Chrislynn said:

    Shall I take this offer?
    2016 Sienna Limited Premium, 36 month, 12,000 miles.
    SELLING PRICE $44050
    NO REBATE
    DOWN PAYMENT $2000
    MONEY FACTOR .00001
    DOC FEE $419
    DISPOSITION FEE $350
    RESIDUAL $25150
    MONTHLY $565

    FWD or AWD?

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  • rosewpbrosewpb Member Posts: 1
    Can you provide the MF and RV on 2016 Sienna SE Premium, 36/12k and 36/15K in South FL? Thank you!
  • MichaellMichaell Moderator Posts: 263,818
    rosewpb said:

    Can you provide the MF and RV on 2016 Sienna SE Premium, 36/12k and 36/15K in South FL? Thank you!

    .00169 MF.

    No reliable residual info for SE Toyota.

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  • ChrislynnChrislynn Member Posts: 4
    Michaell said:

    Chrislynn said:

    Shall I take this offer?
    2016 Sienna Limited Premium, 36 month, 12,000 miles.
    SELLING PRICE $44050
    NO REBATE
    DOWN PAYMENT $2000
    MONEY FACTOR .00001
    DOC FEE $419
    DISPOSITION FEE $350
    RESIDUAL $25150
    MONTHLY $565

    FWD or AWD?
    It's a FWD with tech pkg.
  • MichaellMichaell Moderator Posts: 263,818
    Chrislynn said:

    Michaell said:

    Chrislynn said:

    Shall I take this offer?
    2016 Sienna Limited Premium, 36 month, 12,000 miles.
    SELLING PRICE $44050
    NO REBATE
    DOWN PAYMENT $2000
    MONEY FACTOR .00001
    DOC FEE $419
    DISPOSITION FEE $350
    RESIDUAL $25150
    MONTHLY $565

    FWD or AWD?
    It's a FWD with tech pkg.
    One last question ... what state is this?

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  • ChrislynnChrislynn Member Posts: 4
    Michaell said:

    Chrislynn said:

    Michaell said:

    Chrislynn said:

    Shall I take this offer?
    2016 Sienna Limited Premium, 36 month, 12,000 miles.
    SELLING PRICE $44050
    NO REBATE
    DOWN PAYMENT $2000
    MONEY FACTOR .00001
    DOC FEE $419
    DISPOSITION FEE $350
    RESIDUAL $25150
    MONTHLY $565

    FWD or AWD?
    It's a FWD with tech pkg.
    One last question ... what state is this?
    It's in NJ. I should've included all the essential information. :)
  • MichaellMichaell Moderator Posts: 263,818
    Chrislynn said:

    Michaell said:

    Chrislynn said:

    Michaell said:

    Chrislynn said:

    Shall I take this offer?
    2016 Sienna Limited Premium, 36 month, 12,000 miles.
    SELLING PRICE $44050
    NO REBATE
    DOWN PAYMENT $2000
    MONEY FACTOR .00001
    DOC FEE $419
    DISPOSITION FEE $350
    RESIDUAL $25150
    MONTHLY $565

    FWD or AWD?
    It's a FWD with tech pkg.
    One last question ... what state is this?
    It's in NJ. I should've included all the essential information. :)
    52% and .00001.

    I get $526/mo before tax.

    What is the adjusted cap cost? The $2000 up front probably won't cover all the initial costs, so the rest is added into the selling price.

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  • ChrislynnChrislynn Member Posts: 4
    Michaell said:

    Chrislynn said:

    Michaell said:

    Chrislynn said:

    Michaell said:

    Chrislynn said:

    Shall I take this offer?
    2016 Sienna Limited Premium, 36 month, 12,000 miles.
    SELLING PRICE $44050
    NO REBATE
    DOWN PAYMENT $2000
    MONEY FACTOR .00001
    DOC FEE $419
    DISPOSITION FEE $350
    RESIDUAL $25150
    MONTHLY $565

    FWD or AWD?
    It's a FWD with tech pkg.
    One last question ... what state is this?
    It's in NJ. I should've included all the essential information. :)
    52% and .00001.

    I get $526/mo before tax.

    What is the adjusted cap cost? The $2000 up front probably won't cover all the initial costs, so the rest is added into the selling price.
    So, in general, is this at least an ok offer that I can take?
  • MichaellMichaell Moderator Posts: 263,818
    Chrislynn said:

    Michaell said:

    Chrislynn said:

    Michaell said:

    Chrislynn said:

    Michaell said:

    Chrislynn said:

    Shall I take this offer?
    2016 Sienna Limited Premium, 36 month, 12,000 miles.
    SELLING PRICE $44050
    NO REBATE
    DOWN PAYMENT $2000
    MONEY FACTOR .00001
    DOC FEE $419
    DISPOSITION FEE $350
    RESIDUAL $25150
    MONTHLY $565

    FWD or AWD?
    It's a FWD with tech pkg.
    One last question ... what state is this?
    It's in NJ. I should've included all the essential information. :)
    52% and .00001.

    I get $526/mo before tax.

    What is the adjusted cap cost? The $2000 up front probably won't cover all the initial costs, so the rest is added into the selling price.
    So, in general, is this at least an ok offer that I can take?
    Without knowing all the numbers, I'm hesitant to say.

    You can't improve on the MF (.00001 is as low as it gets), and the residual is fixed by the bank. MSRP is set by Toyota, so the only place where you have room to negotiate is the selling price.

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  • hagen2142hagen2142 Member Posts: 6
    Can you confirm the following are correct in NJ for a 12k mile Sienna lease - 36 months

    XLE AWD - money factor .000010 residual 57%

    Ltd AWD - money factor .000110 residual 54%

    seems like a big difference in the money factor but I am told it is not a typo.
  • MichaellMichaell Moderator Posts: 263,818
    hagen2142 said:

    Can you confirm the following are correct in NJ for a 12k mile Sienna lease - 36 months

    XLE AWD - money factor .000010 residual 57%

    Ltd AWD - money factor .000110 residual 54%

    seems like a big difference in the money factor but I am told it is not a typo.

    All Siennas have the same MF of .00001. Dealer may be marking up the latter for more profit.

    Residuals are fixed by Toyota and can't be modified

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  • hagen2142hagen2142 Member Posts: 6
    Michaell said:

    hagen2142 said:

    Can you confirm the following are correct in NJ for a 12k mile Sienna lease - 36 months

    XLE AWD - money factor .000010 residual 57%

    Ltd AWD - money factor .000110 residual 54%

    seems like a big difference in the money factor but I am told it is not a typo.

    All Siennas have the same MF of .00001. Dealer may be marking up the latter for more profit.

    Residuals are fixed by Toyota and can't be modified
    Thank you. One other question, is the rebate applicable to a lease?
  • MichaellMichaell Moderator Posts: 263,818
    hagen2142 said:

    Michaell said:

    hagen2142 said:

    Can you confirm the following are correct in NJ for a 12k mile Sienna lease - 36 months

    XLE AWD - money factor .000010 residual 57%

    Ltd AWD - money factor .000110 residual 54%

    seems like a big difference in the money factor but I am told it is not a typo.

    All Siennas have the same MF of .00001. Dealer may be marking up the latter for more profit.

    Residuals are fixed by Toyota and can't be modified
    Thank you. One other question, is the rebate applicable to a lease?
    Not always ... check with your dealer.

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  • apexcarsapexcars Member Posts: 12
    Do you have the RV and MF for the 2017 Sienna Limited Premium AWD in NJ?
  • kyfdxkyfdx Moderator Posts: 267,528
    apexcars said:

    Do you have the RV and MF for the 2017 Sienna Limited Premium AWD in NJ?

    We don't have any 2017 Toyota numbers. Hopefully, in September.

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  • hudz2015hudz2015 Member Posts: 68
    In Wisconsin 3/36 or 3/45 for XLE premier AWD or Limited premier AWD. Residual and MF please.
  • kyfdxkyfdx Moderator Posts: 267,528
    hudz2015 said:

    In Wisconsin 3/36 or 3/45 for XLE premier AWD or Limited premier AWD. Residual and MF please.

    .00001 MF and 53%/51% residual for XLE-P/LTD-P for 36/15.
    Add 2% for 12K/yr

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  • max_geemax_gee Member Posts: 6
    kyfdx said:

    apexcars said:

    Do you have the RV and MF for the 2017 Sienna Limited Premium AWD in NJ?

    We don't have any 2017 Toyota numbers. Hopefully, in September.
    Any 2017 numbers out yet?

    Specifically XLE and XLE Premium fwd for 36m/12k in northeast region.
  • MichaellMichaell Moderator Posts: 263,818
    max_gee said:

    kyfdx said:

    apexcars said:

    Do you have the RV and MF for the 2017 Sienna Limited Premium AWD in NJ?

    We don't have any 2017 Toyota numbers. Hopefully, in September.
    Any 2017 numbers out yet?

    Specifically XLE and XLE Premium fwd for 36m/12k in northeast region.
    No 2017 numbers this month, either.

    Guess there is still too much 2016 inventory to move.

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  • max_geemax_gee Member Posts: 6
    Michaell said:

    max_gee said:

    kyfdx said:

    apexcars said:

    Do you have the RV and MF for the 2017 Sienna Limited Premium AWD in NJ?

    We don't have any 2017 Toyota numbers. Hopefully, in September.
    Any 2017 numbers out yet?

    Specifically XLE and XLE Premium fwd for 36m/12k in northeast region.
    No 2017 numbers this month, either.

    Guess there is still too much 2016 inventory to move.
    I have been told by a dealer:

    Residual 59% for 36m/12k
    .00056 MF

    This was for a 2017 Sienna XLE (FWD 8 passenger model)

    MSDs can be used even with this low MF (down to .00008)

    Was offered invoice as the selling price, plus the now obligatory doc fee ($400)
  • MichaellMichaell Moderator Posts: 263,818
    max_gee said:

    Michaell said:

    max_gee said:

    kyfdx said:

    apexcars said:

    Do you have the RV and MF for the 2017 Sienna Limited Premium AWD in NJ?

    We don't have any 2017 Toyota numbers. Hopefully, in September.
    Any 2017 numbers out yet?

    Specifically XLE and XLE Premium fwd for 36m/12k in northeast region.
    No 2017 numbers this month, either.

    Guess there is still too much 2016 inventory to move.
    I have been told by a dealer:

    Residual 59% for 36m/12k
    .00056 MF

    This was for a 2017 Sienna XLE (FWD 8 passenger model)

    MSDs can be used even with this low MF (down to .00008)

    Was offered invoice as the selling price, plus the now obligatory doc fee ($400)
    While we don't have the numbers, those seem to be consistent with a new model year.

    And, the availability of MSDs makes the terms even better.

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  • tom112233tom112233 Member Posts: 2
    Looking at a 2017 XLE AWD with Navigation Package, dealer stated .00056 Money Factor but looking for residuals for a 36/12k NY Metro area. Also is there any difference between residuals on XLE vs XLE Premium. Thanks
  • MichaellMichaell Moderator Posts: 263,818
    tom112233 said:

    Looking at a 2017 XLE AWD with Navigation Package, dealer stated .00056 Money Factor but looking for residuals for a 36/12k NY Metro area. Also is there any difference between residuals on XLE vs XLE Premium. Thanks

    We don't have any 2017 numbers, but there is a 2% difference in the 2016 residuals for XLE vs. XLE Premium

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  • tywebb1973tywebb1973 Member Posts: 115
    edited September 2016
    Are there still residual info on the 2016 Sienna SE and XLE models?

    It would be in NJ and 12K per year for 3 years.

    - SE Premium
    - XLE Premium AWD
    - XLE AWD

    Thanks.
  • MichaellMichaell Moderator Posts: 263,818

    Are there still residual info on the 2016 Sienna SE and XLE models?

    It would be in NJ and 12K per year for 3 years.

    - SE Premium
    - XLE Premium AWD
    - XLE AWD

    Thanks.

    .00001 and 55% (SE Prem and XLE Prem) or 57% (XLE AWD)

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  • 1985mb1985mb Member Posts: 60
    Don't see a 2017 thread, so I'll just share this deal a friend made:

    2017 Sienna XLE fwd
    MSRP 38,489
    RV 59% for 36/12k
    MF .00056

    Gross cap cost 35,625
    Doc 75

    $393/month plus tax
    Due at signing:
    $0 cap cost reduction
    $650 acq fee
    Tags and reg
  • MichaellMichaell Moderator Posts: 263,818
    1985mb said:

    Don't see a 2017 thread, so I'll just share this deal a friend made:

    2017 Sienna XLE fwd
    MSRP 38,489
    RV 59% for 36/12k
    MF .00056

    Gross cap cost 35,625
    Doc 75

    $393/month plus tax
    Due at signing:
    $0 cap cost reduction
    $650 acq fee
    Tags and reg

    Looks solid. We don't yet have the 2017 numbers to confirm, however.

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  • odymom1odymom1 Member Posts: 14
    Are new lease numbers due out today? Interested in XLE Premium 15k/36 for 2016 and 2017. Wondering if the 2016 numbers are still looking good..... TIA.
  • MichaellMichaell Moderator Posts: 263,818
    odymom1 said:

    Are new lease numbers due out today? Interested in XLE Premium 15k/36 for 2016 and 2017. Wondering if the 2016 numbers are still looking good..... TIA.

    We did not get residual information from Toyota for Q4, yet.

    Limited MF and incentive information, as well. What state?

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  • odymom1odymom1 Member Posts: 14
    Michaell said:
    Are new lease numbers due out today? Interested in XLE Premium 15k/36 for 2016 and 2017. Wondering if the 2016 numbers are still looking good..... TIA.
    We did not get residual information from Toyota for Q4, yet. Limited MF and incentive information, as well. What state?
    State of Indiana. Looked at the 2017 but thought the deals would still be better on the 2016 version. Thx. 
  • MichaellMichaell Moderator Posts: 263,818
    odymom1 said:


    Michaell said:

    odymom1 said:

    Are new lease numbers due out today? Interested in XLE Premium 15k/36 for 2016 and 2017. Wondering if the 2016 numbers are still looking good..... TIA.

    We did not get residual information from Toyota for Q4, yet.

    Limited MF and incentive information, as well. What state?

    State of Indiana. Looked at the 2017 but thought the deals would still be better on the 2016 version. Thx. 

    Looks like the MF is .00001 on the 2016 Sienna.

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  • chuckjrchuckjr Member Posts: 95
    Looking for resid and MF on the 2016 LE, SE and XLE 36 mo 10k miles in California. Also if you know of any conquest or dealer cash incentives available.
    thanks
  • MichaellMichaell Moderator Posts: 263,818
    chuckjr said:

    Looking for resid and MF on the 2016 LE, SE and XLE 36 mo 10k miles in California. Also if you know of any conquest or dealer cash incentives available.
    thanks

    .00001 and 56% / 55% / 56%

    No information on incentives

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  • chuckjrchuckjr Member Posts: 95
    Local salesman told me that they didn't offer 10K leases. When I leased my acura a few months ago the saleman told me the same thing but was wrong.
    Does Toyota offer 10K leases?
  • kyfdxkyfdx Moderator Posts: 267,528
    chuckjr said:

    Local salesman told me that they didn't offer 10K leases. When I leased my acura a few months ago the saleman told me the same thing but was wrong.
    Does Toyota offer 10K leases?

    No.. Acura does, Toyota does not.

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  • chuckjrchuckjr Member Posts: 95
    edited October 2016
    I took delivery of my 2017 Sienna SE today. My intention was to lease a 2016 but of the four dealers I spoke with none were willing to lease me a 2016. Some said the $2500 cash was not applicable to a lease, another said that toyota's money factor on a 2016 was horrible. (all salesman speak). Leasing me a 2017 cost them.

    MSRP $37,644
    Sale price $32,931
    Resid 58%
    I believe MF was .00001
    36 mo/12K miles
    $1118 drive off (internet sales language barrier didn't understand what drive off meant so a weird number)
    $324 of $1118 was Cap Cost reduction
    $335 plus CA Sales tax $366/mo

  • kyfdxkyfdx Moderator Posts: 267,528
    chuckjr said:

    I took delivery of my 2017 Sienna SE today. My intention was to lease a 2016 but of the four dealers I spoke with none were willing to lease me a 2016. Some said the $2500 cash was not applicable to a lease, another said that toyota's money factor on a 2016 was horrible. (all salesman speak). Leasing me a 2017 cost them.

    MSRP $37,644
    Sale price $32,931
    Resid 58%
    I believe MF was .00001
    36 mo/12K miles
    $1118 drive off (internet sales language barrier didn't understand what drive off meant so a weird number)
    $324 of $1118 was Cap Cost reduction
    $335 plus CA Sales tax $366/mo

    That looks like a stellar deal.

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  • tywebb1973tywebb1973 Member Posts: 115
    Any 2017 numbers for October?

    XLE Premium and SE Premium. 12K a year in NJ. Thanks!
  • kyfdxkyfdx Moderator Posts: 267,528

    Any 2017 numbers for October?

    XLE Premium and SE Premium. 12K a year in NJ. Thanks!

    2017 discussion is here:
    http://forums.edmunds.com/discussion/43285/toyota/sienna/2017-toyota-sienna-lease-questions/p1?new=1

    Thanks!

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  • carnut12carnut12 Member Posts: 67
    Can you post numbers for the 2016 Sienna Limited/ LTD Premium 12k 36 months?
  • MichaellMichaell Moderator Posts: 263,818
    carnut12 said:

    Can you post numbers for the 2016 Sienna Limited/ LTD Premium 12k 36 months?

    52% Ltd 50% FWD Ltd Prem 51% AWD Ltd Prem.

    .00001 MF.

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  • atlas123atlas123 Member Posts: 29
    Can i get the 2016 LE #s in Illinois for 24/36 mos 10k miles please?
  • kyfdxkyfdx Moderator Posts: 267,528
    atlas123 said:

    Can i get the 2016 LE #s in Illinois for 24/36 mos 10k miles please?

    .00001 MF and 61%/55% residual for 12K/yr
    No 10K allowance available with Toyota

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  • leasesmarterleasesmarter Member Posts: 7
    2016 Sienna XLE AWD 12K/year, 36 Month in CA? Residual and MF? Thanks!
  • MichaellMichaell Moderator Posts: 263,818

    2016 Sienna XLE AWD 12K/year, 36 Month in CA? Residual and MF? Thanks!

    55% residual. However, no MF information, which leads me to believe the standard MF of .00190 is in play.

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