2017 Toyota Highlander Lease Deals and Prices

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  • sweez51114sweez51114 Member Posts: 18
    36/15k
    NJ sales tax 6-%
  • MichaellMichaell Moderator Posts: 257,235

    Help with xle
    sale price: 37800
    residual : 26346
    taxes : 1095
    mv fee : 419
    doc fee : 419
    gap : 595
    mf : .00120
    out of pocket 1390
    payment quoted is 460
    doesnt add up when I calculate 36/15k
    NJ sales tax 6-%

    Assuming AWD, 64%.

    With an MSRP of $41,166, I get $395/mo plus tax

    Ask the dealer what the adjusted cap cost is, with the taxes and fees added in that you aren't paying up front.

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  • hybridfan5hybridfan5 Member Posts: 5
    Need a little help with some residuals, please!

    90024 zip

    XLE AWD
    SE AWD
    Limited AWD
    Hybrid XLE

    24/12 and 36/12

    thanks so much in advance!
  • sweez51114sweez51114 Member Posts: 18
    Ok told me cap cost is 38844 all included
  • MichaellMichaell Moderator Posts: 257,235

    Need a little help with some residuals, please!

    90024 zip

    XLE AWD
    SE AWD
    Limited AWD
    Hybrid XLE

    24/12 and 36/12

    thanks so much in advance!

    Gas - .00133
    Hybrid - .00220

    XLE AWD - 73% / 66%
    SE AWD - 73% / 66%
    Ltd AWD - 69% / 62%
    Hybrid XLE - 73% / 66%

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  • bigdaddymacbigdaddymac Member Posts: 3
    Hello! Could you tell me the MF and residual on a Highlander SE FWD 36/12 in southern California?
  • MichaellMichaell Moderator Posts: 257,235

    Hello! Could you tell me the MF and residual on a Highlander SE FWD 36/12 in southern California?

    .00133 and 66%

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  • tbyrnes007tbyrnes007 Member Posts: 7
    Hi. I am back with a few follow up questions I hope you can help me with:

    Washington State - Looking at the current "Special" lease on a 2017 AWD Highlander XLE.

    My questions is, do dealers negotiate off of these types of widely advertised specials? I see several people on here showing an MSRP for a similar vehicle in the low $40,000, but their sales price is more like $36,000-$37,000.

    Should I go in and try to negotiate for a lower sale price from the MSRP, or is there a different item that should be negotiated? Never leased, always just paid cash, but can get a better return on my money elsewhere right now, so considering a lease this time.

    Any help is greatly appreciated.
  • HighyatoyHighyatoy Member Posts: 110
    What is the current MF and residual for Highlander SE in Ohio for a 36/12 or 36/15 lease?
    Thank you!
  • MichaellMichaell Moderator Posts: 257,235

    Hi. I am back with a few follow up questions I hope you can help me with:

    Washington State - Looking at the current "Special" lease on a 2017 AWD Highlander XLE.

    My questions is, do dealers negotiate off of these types of widely advertised specials? I see several people on here showing an MSRP for a similar vehicle in the low $40,000, but their sales price is more like $36,000-$37,000.

    Should I go in and try to negotiate for a lower sale price from the MSRP, or is there a different item that should be negotiated? Never leased, always just paid cash, but can get a better return on my money elsewhere right now, so considering a lease this time.

    Any help is greatly appreciated.

    Yes, you want to negotiate a discount from sticker when leasing, just like a purchase. You should be able to beat the numbers from an ad deal.

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  • MichaellMichaell Moderator Posts: 257,235
    Highyatoy said:

    What is the current MF and residual for Highlander SE in Ohio for a 36/12 or 36/15 lease?
    Thank you!

    Assuming AWD, 67% / 65% and .00133

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  • kaboom1989kaboom1989 Member Posts: 1
    Could you please provide MF and residual for Highlander XLE AWD in NJ, 36/12 or 36/15?

    Thanks!
  • kyfdxkyfdx Moderator Posts: 258,907

    Could you please provide MF and residual for Highlander XLE AWD in NJ, 36/12 or 36/15?

    Thanks!

    Don't have your region, but money factor is most likely .00133
    66%/64% residual

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  • dawindoodawindoo Member Posts: 7
    Would like your thoughts on the following deal:

    Highlander SE
    MSRP: 42,428
    Adj Cap Cost: 40,175
    Residual: $28,861
    $1700 down which includes 1st payment, DMV, Title
    MF: .0012
    Monthly Payment: $419 (includes tax).

    State of NY
  • MichaellMichaell Moderator Posts: 257,235
    dawindoo said:

    Would like your thoughts on the following deal:

    Highlander SE
    MSRP: 42,428
    Adj Cap Cost: 40,175
    Residual: $28,861
    $1700 down which includes 1st payment, DMV, Title
    MF: .0012
    Monthly Payment: $419 (includes tax).

    State of NY

    I get $397/mo before tax with those numbers. Looks to be in the ballpark

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  • hybridfan5hybridfan5 Member Posts: 5
    Just stopped by a los angeles area toyota dealer, they said that for the XLE I was looking at, the 0.00133 is a 'special' rate that you can't apply MSD's to. That the 'regular' rate is 0.00225. Any ideas? Thanks!
  • MichaellMichaell Moderator Posts: 257,235

    Just stopped by a los angeles area toyota dealer, they said that for the XLE I was looking at, the 0.00133 is a 'special' rate that you can't apply MSD's to. That the 'regular' rate is 0.00225. Any ideas? Thanks!

    That's quite possible. Some banks only allow MSDs to be applied to the standard MF, not any that are discounted.

    But, check with multiple dealers and see if you get a consistent answer.

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  • hybridfan5hybridfan5 Member Posts: 5
    Thanks! One last residual/MF please. highlander XLE FWD 24/12k thanks!
  • kyfdxkyfdx Moderator Posts: 258,907

    Thanks! One last residual/MF please. highlander XLE FWD 24/12k thanks!

    .00133 MF and 71% residual

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  • furrtreefurrtree Member Posts: 6
    Looking for the residual and money factor for Highlander AWD Limited and Limited Platinum 36/10k in PA. Thank You!!!!!!!
  • kyfdxkyfdx Moderator Posts: 258,907
    furrtree said:

    Looking for the residual and money factor for Highlander AWD Limited and Limited Platinum 36/10k in PA. Thank You!!!!!!!

    Don't have your area, but .00133 or .00220 for the money factor
    63%/62% residual for Limited/ltdPlatinum for 36/12

    No 10K for Toyota

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  • charming_guy79charming_guy79 Member Posts: 2
    Hi,

    We are looking to lease a Toyota Highlander XLE AWD in NY state. The dealer quoted following items, please let me know if this is a good deal or not.

    MSRP -- $41,328
    Cap Cost -- $38,379
    Residual Value -- $28,509
    MF -- 0.00128
    Tax Rate -- 7.375

    With Zero down, he's asking for $467.19 per month (including taxes) for 36/12K

    Dealer is covering for Gap Insurance worth $195, $5K Damage waiver at the end of the lease and extended maintenance for all 3 years.

    Does this sound like a good deal ? should we pull the trigger ?




  • MichaellMichaell Moderator Posts: 257,235

    Hi,

    We are looking to lease a Toyota Highlander XLE AWD in NY state. The dealer quoted following items, please let me know if this is a good deal or not.

    MSRP -- $41,328
    Cap Cost -- $38,379
    Residual Value -- $28,509
    MF -- 0.00128
    Tax Rate -- 7.375

    With Zero down, he's asking for $467.19 per month (including taxes) for 36/12K

    Dealer is covering for Gap Insurance worth $195, $5K Damage waiver at the end of the lease and extended maintenance for all 3 years.

    Does this sound like a good deal ? should we pull the trigger ?

    Something seems off; the 36/12 residual for the XLE AWD is 66%

    However, your MSRP and residual value suggest a residual closer to 69%

    Using your numbers, as is, I get $360/mo; with the 66% residual, $392/mo

    Are you rolling in the taxes and fees into the selling price? If so, ask the dealer what the adjusted cap cost is.

    And, how much is due at signing?

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  • charming_guy79charming_guy79 Member Posts: 2
    Michaell said:

    Hi,

    We are looking to lease a Toyota Highlander XLE AWD in NY state. The dealer quoted following items, please let me know if this is a good deal or not.

    MSRP -- $41,328
    Cap Cost -- $38,379
    Residual Value -- $28,509
    MF -- 0.00128
    Tax Rate -- 7.375

    With Zero down, he's asking for $467.19 per month (including taxes) for 36/12K

    Dealer is covering for Gap Insurance worth $195, $5K Damage waiver at the end of the lease and extended maintenance for all 3 years.

    Does this sound like a good deal ? should we pull the trigger ?

    Something seems off; the 36/12 residual for the XLE AWD is 66%

    However, your MSRP and residual value suggest a residual closer to 69%

    Using your numbers, as is, I get $360/mo; with the 66% residual, $392/mo

    Are you rolling in the taxes and fees into the selling price? If so, ask the dealer what the adjusted cap cost is.

    And, how much is due at signing?

    We are rolling in taxes and fees in the monthly payments. Only 1st month's payment of $467 is due at signing.

  • MichaellMichaell Moderator Posts: 257,235

    Michaell said:

    Hi,

    We are looking to lease a Toyota Highlander XLE AWD in NY state. The dealer quoted following items, please let me know if this is a good deal or not.

    MSRP -- $41,328
    Cap Cost -- $38,379
    Residual Value -- $28,509
    MF -- 0.00128
    Tax Rate -- 7.375

    With Zero down, he's asking for $467.19 per month (including taxes) for 36/12K

    Dealer is covering for Gap Insurance worth $195, $5K Damage waiver at the end of the lease and extended maintenance for all 3 years.

    Does this sound like a good deal ? should we pull the trigger ?

    Something seems off; the 36/12 residual for the XLE AWD is 66%

    However, your MSRP and residual value suggest a residual closer to 69%

    Using your numbers, as is, I get $360/mo; with the 66% residual, $392/mo

    Are you rolling in the taxes and fees into the selling price? If so, ask the dealer what the adjusted cap cost is.

    And, how much is due at signing?

    We are rolling in taxes and fees in the monthly payments. Only 1st month's payment of $467 is due at signing.

    So, what is the adjusted cap cost, with those amounts added in?

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  • mike_flmike_fl Member Posts: 7
    Hi. Can I please get RV/MF/Cash
    XLE FWD 36/10, 36/12
    XLE AWD " "
    Florida
    Thanks.
  • MichaellMichaell Moderator Posts: 257,235
    mike_fl said:

    Hi. Can I please get RV/MF/Cash
    XLE FWD 36/10, 36/12
    XLE AWD " "
    Florida
    Thanks.

    I'm sorry, we don't have any reliable lease information for SE Toyota.

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  • mike_flmike_fl Member Posts: 7
    Michaell said:

    mike_fl said:

    Hi. Can I please get RV/MF/Cash
    XLE FWD 36/10, 36/12
    XLE AWD " "
    Florida
    Thanks.

    I'm sorry, we don't have any reliable lease information for SE Toyota.
    Looking for XLE info. Am I missing something?
  • MichaellMichaell Moderator Posts: 257,235
    mike_fl said:

    Michaell said:

    mike_fl said:

    Hi. Can I please get RV/MF/Cash
    XLE FWD 36/10, 36/12
    XLE AWD " "
    Florida
    Thanks.

    I'm sorry, we don't have any reliable lease information for SE Toyota.
    Looking for XLE info. Am I missing something?
    Not missing anything. We don't have any lease information for the SE Toyota region (FL, AL, GA, NC, SC)

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  • mike_flmike_fl Member Posts: 7
    Michaell said:

    mike_fl said:

    Michaell said:

    mike_fl said:

    Hi. Can I please get RV/MF/Cash
    XLE FWD 36/10, 36/12
    XLE AWD " "
    Florida
    Thanks.

    I'm sorry, we don't have any reliable lease information for SE Toyota.
    Looking for XLE info. Am I missing something?
    Not missing anything. We don't have any lease information for the SE Toyota region (FL, AL, GA, NC, SC)
    SE = South East, not the trim level. o_0 hah thanks!

    Does anyone have any anecdotal information?

    Highlander XLE FWD/AWD 36/12 or 12??
  • mike_flmike_fl Member Posts: 7
    this is the deal i've been proposed:
    xle fwd 36/12 florida
    msrp: 39895
    sales price: 35400
    64% / .00185
    0 down. and transfer tag, 3 years free maint.
    payment: 465 + tax = 499
    * the salesmann says i won't need 100/300 insurance with toyota, and that i'll make up the difference between that payment and the offer i have on an explorer (420 tax in).

    thoughts?
  • MichaellMichaell Moderator Posts: 257,235
    mike_fl said:

    this is the deal i've been proposed:
    xle fwd 36/12 florida
    msrp: 39895
    sales price: 35400
    64% / .00185
    0 down. and transfer tag, 3 years free maint.
    payment: 465 + tax = 499
    * the salesmann says i won't need 100/300 insurance with toyota, and that i'll make up the difference between that payment and the offer i have on an explorer (420 tax in).

    thoughts?

    Those numbers give me a payment of $366/mo plus tax.

    Ask the dealer for the adjusted cap cost, and how they got to that number from the selling price.

    Any cash due at delivery?

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  • kyfdxkyfdx Moderator Posts: 258,907
    @mike_fl

    Those are liability limits. I wouldn't recommend anything less than those numbers. That's not where you want to save money on a lease deal. Those limits protect you (and others), not the bank that is leasing you the vehicle.

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  • jrjunior31jrjunior31 Member Posts: 14
    edited June 2017
    Nice stealership, $100 extra a month in complete mystery charges on a lease and for good measure they want you to decrease your liability limits on the insurance. Go to a different dealer.
  • stecinostecino Member Posts: 10
    Hello,

    I am in Los Angeles,

    i have been given following numbers

    2017 XLE 36/12
    MSRP: 39705
    Invoice: 36991
    My Price: 35991
    Residual: 25808
    Down payment: 0
    Monthly: 445$

    My calculations come to 429$
    Should I take this deal? Will I be able to get anything around $400 or below slightly in the XLE
  • kyfdxkyfdx Moderator Posts: 258,907
    stecino said:

    Hello,

    I am in Los Angeles,

    i have been given following numbers

    2017 XLE 36/12
    MSRP: 39705
    Invoice: 36991
    My Price: 35991
    Residual: 25808
    Down payment: 0
    Monthly: 445$

    My calculations come to 429$
    Should I take this deal? Will I be able to get anything around $400 or below slightly in the XLE

    What money factor and residual are you using?
    How much is due at signing on that quote?

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  • stecinostecino Member Posts: 10

    kyfdx said:

    Hello,

    I am in Los Angeles,

    i have been given following numbers

    2017 XLE 36/12
    MSRP: 39705
    Invoice: 36991
    My Price: 35991
    Residual: 25808
    Down payment: 0
    Monthly: 445$

    My calculations come to 429$
    Should I take this deal? Will I be able to get anything around $400 or below slightly in the XLE


    What money factor and residual are you using?
    How much is due at signing on that quote?


    They said 0$ out of pocket, looks like 71% based on residual/my cost
  • admsportsadmsports Member Posts: 9
    Hi: Do you have the residual, money factor and any incentives for Highlander XLE, AWD, 36/10? NYC/northern NJ? Thank you.
  • admsportsadmsports Member Posts: 9
    Could you also post the same for the LE Plus, both AWD
  • kyfdxkyfdx Moderator Posts: 258,907
    edited June 2017
    stecino said:



    kyfdx said:


    stecino said:

    Hello,

    I am in Los Angeles,

    i have been given following numbers

    2017 XLE 36/12
    MSRP: 39705
    Invoice: 36991
    My Price: 35991
    Residual: 25808
    Down payment: 0
    Monthly: 445$

    My calculations come to 429$
    Should I take this deal? Will I be able to get anything around $400 or below slightly in the XLE



    What money factor and residual are you using?

    How much is due at signing on that quote?


    They said 0$ out of pocket, looks like 71% based on residual/my cost

    Residual is a percentage of MSRP (65% in this case)
    I asked, because you said your calculations didn't agree.. but, you need the money factor to calculate a lease payment.

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  • kyfdxkyfdx Moderator Posts: 258,907
    admsports said:

    Hi: Do you have the residual, money factor and any incentives for Highlander XLE, AWD, 36/10? NYC/northern NJ? Thank you.

    admsports said:

    Could you also post the same for the LE Plus, both AWD

    67%/66% residual for XLE/LE+
    Don't have your area, but money factor is likely .00120 or .00133

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  • stecinostecino Member Posts: 10

    kyfdx said:




    kyfdx said:


    Hello,

    I am in Los Angeles,

    i have been given following numbers

    2017 XLE 36/12
    MSRP: 39705
    Invoice: 36991
    My Price: 35991
    Residual: 25808
    Down payment: 0
    Monthly: 445$

    My calculations come to 429$
    Should I take this deal? Will I be able to get anything around $400 or below slightly in the XLE




    What money factor and residual are you using?

    How much is due at signing on that quote?




    They said 0$ out of pocket, looks like 71% based on residual/my cost


    Residual is a percentage of MSRP (65% in this case)
    I asked, because you said your calculations didn't agree.. but, you need the money factor to calculate a lease payment.


    Oh I see, I have seen previous posts in my area being .00133 so used that to calculate, unless it's different 
  • stecinostecino Member Posts: 10

    kyfdx said:




    kyfdx said:


    Hello,

    I am in Los Angeles,

    i have been given following numbers

    2017 XLE 36/12
    MSRP: 39705
    Invoice: 36991
    My Price: 35991
    Residual: 25808
    Down payment: 0
    Monthly: 445$

    My calculations come to 429$
    Should I take this deal? Will I be able to get anything around $400 or below slightly in the XLE




    What money factor and residual are you using?

    How much is due at signing on that quote?




    They said 0$ out of pocket, looks like 71% based on residual/my cost


    Residual is a percentage of MSRP (65% in this case)
    I asked, because you said your calculations didn't agree.. but, you need the money factor to calculate a lease payment.


    Would you be able to say what the actual residual value is then?
  • MichaellMichaell Moderator Posts: 257,235
    stecino said:



    kyfdx said:


    stecino said:




    kyfdx said:



    stecino said:

    Hello,

    I am in Los Angeles,

    i have been given following numbers

    2017 XLE 36/12
    MSRP: 39705
    Invoice: 36991
    My Price: 35991
    Residual: 25808
    Down payment: 0
    Monthly: 445$

    My calculations come to 429$
    Should I take this deal? Will I be able to get anything around $400 or below slightly in the XLE





    What money factor and residual are you using?


    How much is due at signing on that quote?




    They said 0$ out of pocket, looks like 71% based on residual/my cost


    Residual is a percentage of MSRP (65% in this case)

    I asked, because you said your calculations didn't agree.. but, you need the money factor to calculate a lease payment.


    Would you be able to say what the actual residual value is then?

    36/12 for the Highlander XLE is 65% (FWD) or 66% (AWD).

    Looking at your MSRP and residual value, this looks like a FWD version.

    Which makes sense, since you aren't likely to need AWD in LA unless you travel to the mountains a lot.

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  • stecinostecino Member Posts: 10

    Michaell said:



    kyfdx said:







    kyfdx said:



    Hello,

    I am in Los Angeles,

    i have been given following numbers

    2017 XLE 36/12
    MSRP: 39705
    Invoice: 36991
    My Price: 35991
    Residual: 25808
    Down payment: 0
    Monthly: 445$

    My calculations come to 429$
    Should I take this deal? Will I be able to get anything around $400 or below slightly in the XLE






    What money factor and residual are you using?


    How much is due at signing on that quote?






    They said 0$ out of pocket, looks like 71% based on residual/my cost




    Residual is a percentage of MSRP (65% in this case)

    I asked, because you said your calculations didn't agree.. but, you need the money factor to calculate a lease payment.




    Would you be able to say what the actual residual value is then?


    36/12 for the Highlander XLE is 65% (FWD) or 66% (AWD).

    Looking at your MSRP and residual value, this looks like a FWD version.

    Which makes sense, since you aren't likely to need AWD in LA unless you travel to the mountains a lot.


    Thank you very much. Yes it is FWD, and you are absolutely correct that I wouldn't need AWD. And one more thing please, do I add 2% to the residual value for 36/10 ?
  • kyfdxkyfdx Moderator Posts: 258,907
    stecino said:



    Michaell said:


    stecino said:




    kyfdx said:




    stecino said:





    kyfdx said:




    stecino said:

    Hello,

    I am in Los Angeles,

    i have been given following numbers

    2017 XLE 36/12
    MSRP: 39705
    Invoice: 36991
    My Price: 35991
    Residual: 25808
    Down payment: 0
    Monthly: 445$

    My calculations come to 429$
    Should I take this deal? Will I be able to get anything around $400 or below slightly in the XLE







    What money factor and residual are you using?



    How much is due at signing on that quote?






    They said 0$ out of pocket, looks like 71% based on residual/my cost




    Residual is a percentage of MSRP (65% in this case)


    I asked, because you said your calculations didn't agree.. but, you need the money factor to calculate a lease payment.




    Would you be able to say what the actual residual value is then?


    36/12 for the Highlander XLE is 65% (FWD) or 66% (AWD).



    Looking at your MSRP and residual value, this looks like a FWD version.



    Which makes sense, since you aren't likely to need AWD in LA unless you travel to the mountains a lot.



    Thank you very much. Yes it is FWD, and you are absolutely correct that I wouldn't need AWD. And one more thing please, do I add 2% to the residual value for 36/10 ?

    Toyota doesn't offer 10K/yr

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  • jward84jward84 Member Posts: 5
    Looking for MF and RV for Washington State for SE, LTD, and LTD Plat all with AWD for 36/12. Thanks
  • kyfdxkyfdx Moderator Posts: 258,907
    jward84 said:

    Looking for MF and RV for Washington State for SE, LTD, and LTD Plat all with AWD for 36/12. Thanks

    66%/63%/62% residual
    Don't have your region, this month, but MF is likely .00133

    If not, it's probably closer to .00220

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  • jward84jward84 Member Posts: 5
    I thought WA state se models were 67%? Are these the right numbers for AWD?
  • kyfdxkyfdx Moderator Posts: 258,907
    jward84 said:

    I thought WA state se models were 67%? Are these the right numbers for AWD?

    67% is correct for the SE.
    66% for the XLE

    The other two numbers are correct.

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