2017 Toyota Highlander Lease Deals and Prices

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  • ajw78ajw78 Member Posts: 35
    Hi, when you have them, would you please post the May rates for the Highlander Hybrid Limited Platinum, 12k/36mo? Thanks in advance.
  • bmw_389bmw_389 Member Posts: 10
    edited May 2017
    Hello. I'm also looking for the May MF and residuals for a 10k/12k lease on an XLE Awd. I live on the border of PA and NY so could lease in either state if the numbers are different. Thank you!!
  • tcahilltcahill Member Posts: 5
    Any new number for phila  pa  area
  • fyyff990fyyff990 Member Posts: 11
    Hate to do this to you but I am trying to negotiate for a Hybrid Limited Plat. here in SoCal. Putting $2,000 down they are asking $689/mo for 12k/36mo including TAX and I have no idea if this is a good deal or bad. Of course they are telling me it's a unicorn and I should sign the paper right now.
    Car is about $50,500 with all the accessories plus tax. They say residual will be $32k and some change.
    Any feedback??? Thanks.
  • kpwin17kpwin17 Member Posts: 41
    edited May 2017
    fyyff990 said:

    Hate to do this to you but I am trying to negotiate for a Hybrid Limited Plat. here in SoCal. Putting $2,000 down they are asking $689/mo for 12k/36mo including TAX and I have no idea if this is a good deal or bad. Of course they are telling me it's a unicorn and I should sign the paper right now.
    Car is about $50,500 with all the accessories plus tax. They say residual will be $32k and some change.
    Any feedback??? Thanks.

    I can't answer your question, but I can assure you the moderators will ask you for the cap cost and MSRP before they can tell you whether it's a good deal or not.
  • fyyff990fyyff990 Member Posts: 11
    Total MSRP is $50,542.00. I dont know what is cap cost and i dont know what is their sale price. But i asked these numbers to an other dealer and see if they can match it, they said no.
  • mbabs311mbabs311 Member Posts: 15
    edited May 2017
    Hello

    Could you post the MF and residual for the following 2017 Toyota Highlander (12k/36 months) Kansas?

    Any promotion/incentives  to be aware of. Thank you!

    2017 Toyota Highlander XLE AWD
    2017 Toyota Highlander SE AWD
  • ronda52727ronda52727 Member Posts: 1
    edited May 2017
    I am from Maryland and have no idea about leases. Please help!

    Is this a decent deal on a 2017 Toyota Highlander SE? This is the best monthly payment that I have received so far.

    MSRP - $42,943
    Savings - 4,943
    Cap cost - $38,000
    MF - .00220
    Tax - 2,298
    Acquisition fee - 650
    Dealer state fees - 300 (Processing Fee), 336 (tags/registration/title)
    Customer cash - 510.67 (1st payment) There is no rebate this month
    Residual value - 28,772
  • kyfdxkyfdx Moderator Posts: 258,907
    edited May 2017
    mbabs311 said:

    Hello

    Could you post the MF and residual for the following 2017 Toyota Highlander (12k/36 months) Kansas?

    Any promotion/incentives  to be aware of. Thank you!

    2017 Toyota Highlander XLE AWD
    2017 Toyota Highlander SE AWD

    .00220 MF and 66%/67% residual for XLE/SE

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  • kyfdxkyfdx Moderator Posts: 258,907

    I am from Maryland and have no idea about leases. Please help!

    Is this a decent deal on a 2017 Toyota Highlander SE? This is the best monthly payment that I have received so far.

    MSRP - $42,943
    Savings - 4,943
    Cap cost - $38,000
    MF - .00220
    Tax - 2,298
    Acquisition fee - 650
    Dealer state fees - 300 (Processing Fee), 336 (tags/registration/title)
    Customer cash - 510.67 (1st payment) There is no rebate this month
    Residual value - 28,772

    I get that exact payment.

    The Highlander isn't a cheap vehicle to lease, but that looks like a good deal from the dealer.

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  • ajw78ajw78 Member Posts: 35
    Apologies, but I wanted to re-post, in case this was missed. Thanks.

    Hi, when you have them, would you please post the May rates for the Highlander Hybrid Limited Platinum, 12k/36mo? Thanks in advance.
  • kyfdxkyfdx Moderator Posts: 258,907
    ajw78 said:

    Apologies, but I wanted to re-post, in case this was missed. Thanks.

    Hi, when you have them, would you please post the May rates for the Highlander Hybrid Limited Platinum, 12k/36mo? Thanks in advance.

    .00220 MF and 64% residual

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  • w0lfy21w0lfy21 Member Posts: 9
    Hi, sorry if I missed it on another post but can you please provide the MF/RV and incentives if there are any for the XLE AWD? Looking for both 12k/15k on a 36 month lease in CA. Thanks again.
  • kyfdxkyfdx Moderator Posts: 258,907
    w0lfy21 said:

    Hi, sorry if I missed it on another post but can you please provide the MF/RV and incentives if there are any for the XLE AWD? Looking for both 12k/15k on a 36 month lease in CA. Thanks again.

    .00220 MF and 66%/64% residual.

    No incentives

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  • kpwin17kpwin17 Member Posts: 41
    Hi, what are the MF and RV in NY for the XLE and LE Plus? 36/15 and AWD. Thanks!
  • MichaellMichaell Moderator Posts: 257,235
    kpwin17 said:

    Hi, what are the MF and RV in NY for the XLE and LE Plus? 36/15 and AWD. Thanks!

    .00220 and 63% (LE+) or 64% (XLE)

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  • kpwin17kpwin17 Member Posts: 41
    Michaell said:

    kpwin17 said:

    Hi, what are the MF and RV in NY for the XLE and LE Plus? 36/15 and AWD. Thanks!

    .00220 and 63% (LE+) or 64% (XLE)
    So the money factor went up on 5/1? That's annoying. I guess I'll wait to see if it drops again.
  • peeps112peeps112 Member Posts: 1
    How is this deal? Would you push back, if so where?

    Highlander XLE AWD Bucket Seats
    MSRP $41,627
    $38,457 invoice
    $1000 at signing
    $401.92 per month
    $28.13 tax
    .00133 MF
    $27,494 residual
    12k/36 months
  • MichaellMichaell Moderator Posts: 257,235
    peeps112 said:

    How is this deal? Would you push back, if so where?

    Highlander XLE AWD Bucket Seats
    MSRP $41,627
    $38,457 invoice
    $1000 at signing
    $401.92 per month
    $28.13 tax
    .00133 MF
    $27,494 residual
    12k/36 months

    I get $393/mo before tax with those numbers (66% residual for 36/12).

    Confirm with the dealer what the adjusted cap cost is - if higher than the invoice price you've shared, find out what's been added.

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  • daniel5158daniel5158 Member Posts: 5
    Hey guys, looking for MF/RV on an XLE AWD and SE AWD in South Florida. Thanks in advance.
  • kyfdxkyfdx Moderator Posts: 258,907

    Hey guys, looking for MF/RV on an XLE AWD and SE AWD in South Florida. Thanks in advance.

    We don't have Toyota lease information for the SET distributorship area.

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  • daniel5158daniel5158 Member Posts: 5

    kyfdx said:

    Hey guys, looking for MF/RV on an XLE AWD and SE AWD in South Florida. Thanks in advance.


    We don't have Toyota lease information for the SET distributorship area.


    Thank you any how!
  • thecode1thecode1 Member Posts: 43
    Hi, Can I please have MF and residual on LE Plus and XLE for So Cal? 36mo/12k FWD? Thank you!
  • MichaellMichaell Moderator Posts: 257,235
    thecode1 said:

    Hi, Can I please have MF and residual on LE Plus and XLE for So Cal? 36mo/12k FWD? Thank you!

    64% (LE Plus) or 65% (XLE) and .00220

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  • brianmislebrianmisle Member Posts: 21
    Interested in leasing a 2017 Toyota Highlander XLE AWD 36/12 in Utah. Can you provide the current Residual % and Money Factor? Thanks!
  • kyfdxkyfdx Moderator Posts: 258,907

    Interested in leasing a 2017 Toyota Highlander XLE AWD 36/12 in Utah. Can you provide the current Residual % and Money Factor? Thanks!

    .00220 MF and 66% residual

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  • tbyrnes007tbyrnes007 Member Posts: 7
    edited May 2017
    Could you please help me with a few questions about leasing a 2017 Highlander XLE AWD in Washington State? It looks to me like a fairly decent start, but I've never leased before and don't want to screw up. We drive about 10k miles per year. They are offering this lease at $359 per month for 36 months / 12,000 miles per year.

    MSRP is $41,678
    Down is $1,790
    Acquisition fee $650
    1st month payment of $359
    Capitalized cost $37,318
    Lease end purchase option $27,507
    Lease factor is .00133

    If I were to want to haggle with them to get the starting price down then would I be expecting the monthly payment to drop? I guess I need to know what is the best thing to haggle on and what the impact of that is. $359 seems like a good price, but taxes aren't included yet, so any advice would be greatly appreciated.

    Is there anything that can be done to reduce the lease end purchase price if I decided to buy it after 3 years, or are those set in stone?

    Thank you for helping a newby!
  • kyfdxkyfdx Moderator Posts: 258,907

    Could you please help me with a few questions about leasing a 2017 Highlander XLE AWD in Washington State? It looks to me like a fairly decent start, but I've never leased before and don't want to screw up. We drive about 10k miles per year. They are offering this lease at $359 per month for 36 months / 12,000 miles per year.

    MSRP is $41,678
    Down is $1,790
    Acquisition fee $650
    1st month payment of $359
    Capitalized cost $37,318
    Lease end purchase option $27,507
    Lease factor is .00133

    If I were to want to haggle with them to get the starting price down then would I be expecting the monthly payment to drop? I guess I need to know what is the best thing to haggle on and what the impact of that is. $359 seems like a good price, but taxes aren't included yet, so any advice would be greatly appreciated.

    Is there anything that can be done to reduce the lease end purchase price if I decided to buy it after 3 years, or are those set in stone?

    Thank you for helping a newby!

    .00133 MF and 66% residual.
    Is $1790 the total amount due at signing?

    The calculated payment is correct. WA tax is about 10%, right?
    So, about $405/mo. with tax.

    The selling price/CAP cost is the only place to negotiate. Every $100 less saves about $3.20/mo. on the after-tax payment.

    One thing that makes this a decent lease is the high residual. That also makes it a poor candidate to buy out at lease end. You can't change that price.

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  • tbyrnes007tbyrnes007 Member Posts: 7
    Thank you. The amount due at signing is the $1790 down payment plus the $650 acquisition fee and the first month payment, so the total is right around $2,800 cash due at signing.

    I'm looking at this from the standpoint of trying to get the vehicle for 3 years for the lowest cost possible and then if my wife falls in love with it and we know it isn't a lemon, we can always buy it at the end of the lease. I understand that the end price might not be quite as low as some other leasable vehicles, but she thinks she'll love this one, but I want to try it on first before coughing up $40k.

    Feel free to enlighten me if this I'm missing something, since in the past I have always just paid cash for cars, but had 2 that turned out to be actual lemons and get bought back, but after a ton of stress and hassle.
  • kyfdxkyfdx Moderator Posts: 258,907

    Thank you. The amount due at signing is the $1790 down payment plus the $650 acquisition fee and the first month payment, so the total is right around $2,800 cash due at signing.

    I'm looking at this from the standpoint of trying to get the vehicle for 3 years for the lowest cost possible and then if my wife falls in love with it and we know it isn't a lemon, we can always buy it at the end of the lease. I understand that the end price might not be quite as low as some other leasable vehicles, but she thinks she'll love this one, but I want to try it on first before coughing up $40k.

    Feel free to enlighten me if this I'm missing something, since in the past I have always just paid cash for cars, but had 2 that turned out to be actual lemons and get bought back, but after a ton of stress and hassle.

    It looks like a decent lease payment for a Highlander. They seem to be very popular.
    As you noted, you can always make a purchase decision later. I'm all for trying it out on a lease, first.

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  • shopgirl6380shopgirl6380 Member Posts: 1
    Can I have the money factor and residual for 2017 highlander awd xle 36/12 in New York?
  • MichaellMichaell Moderator Posts: 257,235

    Can I have the money factor and residual for 2017 highlander awd xle 36/12 in New York?

    66% and .00220

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  • kemnydavis74kemnydavis74 Member Posts: 37
    edited May 2017
    @Michaell Can I have MF rv on a SE? Would the RV% be higher if it was loaded with options? Washington state thanks! 
  • kyfdxkyfdx Moderator Posts: 258,907

    @Michaell Can I have MF rv on a SE? Would the RV% be higher if it was loaded with options? Washington state thanks! 

    .00133 MF and 65% for 36/15
    Subtract 1% if FWD

    The residual percentage won't change, but of course, a higher MSRP means a higher residual amount.

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  • kpwin17kpwin17 Member Posts: 41
    Hi, can I have the MF and RV on an SE in New York? I assume they're not the same as above. Thanks!
  • kemnydavis74kemnydavis74 Member Posts: 37
    @Michaell  Sorry I should of said 36/12
  • MichaellMichaell Moderator Posts: 257,235
    kpwin17 said:

    Hi, can I have the MF and RV on an SE in New York? I assume they're not the same as above. Thanks!

    @Michaell  Sorry I should of said 36/12

    Assuming AWD, 67% and .00225

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  • kemnydavis74kemnydavis74 Member Posts: 37
    @Michaell do Toyota dealerships prefer not to have customers use MSD? I was at one tonight and the finance guy who's been there 4yrs seemed to either not know much at all about them or was trying to get me to not consider them.
  • MichaellMichaell Moderator Posts: 257,235

    @Michaell do Toyota dealerships prefer not to have customers use MSD? I was at one tonight and the finance guy who's been there 4yrs seemed to either not know much at all about them or was trying to get me to not consider them.

    They aren't well known amongst the Finance staff at Toyota dealers. I've seen posts where the customer had to educate the F&I guy about the program.

    It doesn't impact any monies the dealer gets - if anything, being open to the program might help move units that otherwise wouldn't get sold. Toyota is the only non-luxury brand to offer an MSD program.

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  • franklin882franklin882 Member Posts: 2
    Hi Michael,

    Could you let me know if this calculated monthly seems ok?

    Highlander XLE in NY for 36mo/12k miles
    MSRP: 41,500
    Cap Cost: 39,311
    Residual: 27,451
    MF: .0012

    $1500 due at signing (all in including taxes and fees)
    $450/mo
  • MichaellMichaell Moderator Posts: 257,235

    Hi Michael,

    Could you let me know if this calculated monthly seems ok?

    Highlander XLE in NY for 36mo/12k miles
    MSRP: 41,500
    Cap Cost: 39,311
    Residual: 27,451
    MF: .0012

    $1500 due at signing (all in including taxes and fees)
    $450/mo

    The $1500 isn't near enough to cover all the taxes and fees in NY.

    Confirm the adjusted cap cost with the dealer - as is, I get $400/mo with your numbers.

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  • kemnydavis74kemnydavis74 Member Posts: 37
    @Michaell Struggling to find a dealership that is familar with MSDs. I just got an email from a dealership does this sound correct to you? Thank you!

    Spoke to my finance manager for you. Toyota does not discount lease rates with security deposits, unless there is no discounted rate available. There is on the Highlander, and the best rate in our region is .00133 for 720 scores and above. The one for 700 is .00143.

    They can not be discounted more than that.

    The security deposit on a Toyota lease is for only 2 reasons. 1 being used with someone with no so good credit, and the other to bring down the rate when there is no special rates available like on a 4 Runner, Land cruiser etc.
  • MichaellMichaell Moderator Posts: 257,235

    @Michaell Struggling to find a dealership that is familar with MSDs. I just got an email from a dealership does this sound correct to you? Thank you!

    Spoke to my finance manager for you. Toyota does not discount lease rates with security deposits, unless there is no discounted rate available. There is on the Highlander, and the best rate in our region is .00133 for 720 scores and above. The one for 700 is .00143.

    They can not be discounted more than that.

    The security deposit on a Toyota lease is for only 2 reasons. 1 being used with someone with no so good credit, and the other to bring down the rate when there is no special rates available like on a 4 Runner, Land cruiser etc.

    That may be correct for Toyota - only able to use MSD against the standard MF.

    Check with a couple other dealers and see if you get a consistent story.

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  • franklin882franklin882 Member Posts: 2
    Michaell said:

    Hi Michael,

    Could you let me know if this calculated monthly seems ok?

    Highlander XLE in NY for 36mo/12k miles
    MSRP: 41,500
    Cap Cost: 39,311
    Residual: 27,451
    MF: .0012

    $1500 due at signing (all in including taxes and fees)
    $450/mo

    The $1500 isn't near enough to cover all the taxes and fees in NY.

    Confirm the adjusted cap cost with the dealer - as is, I get $400/mo with your numbers.
    I'm sorry, you're right. Adjusted cap cost is $41406.
  • MichaellMichaell Moderator Posts: 257,235

    Michaell said:

    Hi Michael,

    Could you let me know if this calculated monthly seems ok?

    Highlander XLE in NY for 36mo/12k miles
    MSRP: 41,500
    Cap Cost: 39,311
    Residual: 27,451
    MF: .0012

    $1500 due at signing (all in including taxes and fees)
    $450/mo

    The $1500 isn't near enough to cover all the taxes and fees in NY.

    Confirm the adjusted cap cost with the dealer - as is, I get $400/mo with your numbers.
    I'm sorry, you're right. Adjusted cap cost is $41406.
    Now I get $472/mo, so your quote is better than that.

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  • tampak123tampak123 Member Posts: 1
    Hey there! Thanks for doing what you do! I love it.Can you let me know if this seems right? The payment seems high as well as the money factor. This is in Florida (7% sales tax).

    Highlander XLE
    36 months/12K
    MSRP 40,558
    Sales Price $36,174
    Residual 65%
    MF .001850
    $1000 down gets me a price of $481.00.

    Thank you!
  • mlevinemlevine Member Posts: 585
    tampak123
    South Florida Toyota rates are set by the distributor JM. You will at times see different money factors and residuals than other areas of the country. Very difficult to find out these numbers.
  • MichaellMichaell Moderator Posts: 257,235
    tampak123 said:

    Hey there! Thanks for doing what you do! I love it.Can you let me know if this seems right? The payment seems high as well as the money factor. This is in Florida (7% sales tax).

    Highlander XLE
    36 months/12K
    MSRP 40,558
    Sales Price $36,174
    Residual 65%
    MF .001850
    $1000 down gets me a price of $481.00.

    Thank you!

    mlevine said:

    tampak123
    South Florida Toyota rates are set by the distributor JM. You will at times see different money factors and residuals than other areas of the country. Very difficult to find out these numbers.

    @mlevine is correct - we do not have any reliable information for SE Toyota.

    With those numbers, I get $415/mo after tax.

    Ask the dealer what the 'adjusted cap cost' is, and how they arrived at that number from the selling price.

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  • shand32783shand32783 Member Posts: 76
    WA State 98445. can you please share with me the MF and resid on a XLE Hybrid 12k/36m and 15k/36m. Along with a Limited and limited hybrid too? Thank you

  • kyfdxkyfdx Moderator Posts: 258,907

    WA State 98445. can you please share with me the MF and resid on a XLE Hybrid 12k/36m and 15k/36m. Along with a Limited and limited hybrid too? Thank you

    Hybrid:
    .00220 MF and 64% residual for 36/15
    Limited Gas:
    .00133 MF and 61% residual for 36/15

    Add 2% for 12K/yr

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