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.
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.
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.
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).
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
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!
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.
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).
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.
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.
Nice stealership, $100 extra a month in complete mystery charges on a lease and for good measure they want you to decrease your liability limits on the insurance. Go to a different dealer.
2017 XLE 36/12 MSRP: 39705 Invoice: 36991 My Price: 35991 Residual: 25808 Down payment: 0 Monthly: 445$
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.
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
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?
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 ?
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 ?
Comments
NJ sales tax 6-%
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.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
90024 zip
XLE AWD
SE AWD
Limited AWD
Hybrid XLE
24/12 and 36/12
thanks so much in advance!
Hybrid - .00220
XLE AWD - 73% / 66%
SE AWD - 73% / 66%
Ltd AWD - 69% / 62%
Hybrid XLE - 73% / 66%
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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.
Thank you!
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Thanks!
66%/64% residual
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
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
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
But, check with multiple dealers and see if you get a consistent answer.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
63%/62% residual for Limited/ltdPlatinum for 36/12
No 10K for Toyota
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
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 ?
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?
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
We are rolling in taxes and fees in the monthly payments. Only 1st month's payment of $467 is due at signing.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
XLE FWD 36/10, 36/12
XLE AWD " "
Florida
Thanks.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Does anyone have any anecdotal information?
Highlander XLE FWD/AWD 36/12 or 12??
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?
Ask the dealer for the adjusted cap cost, and how they got to that number from the selling price.
Any cash due at delivery?
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
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 $400 or below slightly in the XLE
How much is due at signing on that quote?
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
They said 0$ 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.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Don't have your area, but money factor is likely .00120 or .00133
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Oh I see, I have seen previous posts in my area being .00133 so used that to calculate, unless it's different
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.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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 ?
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
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Don't have your region, this month, but MF is likely .00133
If not, it's probably closer to .00220
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
66% for the XLE
The other two numbers are correct.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator