Is this a good deal for a lease of a 2017 Toyota Tacoma?

johnsavonjohnsavon Member Posts: 2
edited April 2017 in Toyota
2017 Toyota Tacoma, SR, 4WD, Double Cab, MSRP- $32,500, Sale Price $31,500. $661 down. $339 per month for 36 months, 12K a month. I live in PA. Is this a good deal? If not, what should the target price be?

Answers

  • kyfdxkyfdx Moderator Posts: 257,133
    johnsavon said:

    2017 Toyota Tacoma, SR, 4WD, Double Cab, MSRP- $32,500, Sale Price $31,500. $661 down. $339 per month for 36 months, 12K a month. I live in PA. Is this a good deal? If not, what should the target price be?

    If $661 is the total due at signing, then yes. that's a good deal. (includes PA tax?)
    Residuals are high for the Tacoma (good), but money factors are also high (bad).

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  • johnsavonjohnsavon Member Posts: 2
    $661 plus $339 first month payment due when I pick up the car. Yes, that includes PA tax
  • kyfdxkyfdx Moderator Posts: 257,133
    johnsavon said:

    $661 plus $339 first month payment due when I pick up the car. Yes, that includes PA tax

    That is a steal. PA tax is 9%-10% on leases.

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  • tacomatrdprotacomatrdpro Member Posts: 1
    edited April 2017
    What is the money factor and residual value on 36m/15k lease on a 2017 Toyota Tacoma TRD pro 4x4 5ft bed in Philadelphia PA? Thank you!
  • kyfdxkyfdx Moderator Posts: 257,133

    What is the money factor and residual value on 36m/15k lease on a 2017 Toyota Tacoma TRD pro 4x4 5ft bed in Philadelphia PA? Thank you!

    .00220 MF and 66% residual

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