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Car Buying Advice - Highlander XLE Lease

sugarandweisssugarandweiss Member Posts: 1
edited May 2017 in Toyota
Hi. I have an offer to lease a Highlander XLE AWD 2017 for MSRP 41,584 Sales 36,395 Taxes 1,562 Title tags reg 299 Destination 960 Processing 299 Is this a good deal? Thank you!
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Answers

  • kemnydavis74kemnydavis74 Member Posts: 37
    Thats below invoice & holdback correct?
  • gina2bitgina2bit Member Posts: 78
    Yes
    Where did you get that price.
    If I could get that here in Pa. I'd take it.
  • blackexv6blackexv6 Member Posts: 503
    That's a great deal.  Ditto on the PA comment can't get that deal here. Best price I've gotten so far is $37,500
  • BlakeBlake Member Posts: 63
    @sugarandweiss All those numbers lead towards a great deal! What state are you leasing the vehicle in? Most states tax the payment and not the purchase of the vehicle. Please keep in mind on a three year lease the residual is 64% ($26,613)for 15K miles a year lease.

    I have attached below a link to what fee's you should be paying when buying a new car.
    https://www.edmunds.com/car-buying/what-fees-should-you-pay.html

    Feel free to let me know if you have any further questions.

    Thanks!
    Edmunds Car Shopping Advisor
    Need help picking out a make/model, finding inventory, or advice on pricing? Talk to us!
  • jack_spjack_sp Member Posts: 5
    Hi, I'm looking for leasing advice. Offered this quote in PA, Phili area.
    2017 Highlander XLE - AWD
    sale price: 39,346
    36 mon /12 k miles
    residual: 26, 383
    money factor: 0.00235
    payment: 549.20 (w/ GAP ins for 650, Dealer Maintenance pkg for $500)

    thanks
  • kyfdxkyfdx Moderator Posts: 266,109
    jack_sp said:

    Hi, I'm looking for leasing advice. Offered this quote in PA, Phili area.
    2017 Highlander XLE - AWD
    sale price: 39,346
    36 mon /12 k miles
    residual: 26, 383
    money factor: 0.00235
    payment: 549.20 (w/ GAP ins for 650, Dealer Maintenance pkg for $500)

    thanks

    What is the MSRP?

    Doesn't Toyota already offer free maintenance for 24 months, 25K miles?

    Edmunds Price Checker
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  • jack_spjack_sp Member Posts: 5
    MSRP was 41, 323
    Yes, toyota offers maintenance for 24 months. Optional package dealer offered was for any damages at lease return up to $5000).

    Thanks
  • kyfdxkyfdx Moderator Posts: 266,109
    jack_sp said:

    MSRP was 41, 323
    Yes, toyota offers maintenance for 24 months. Optional package dealer offered was for any damages at lease return up to $5000).

    Thanks

    Doesn't look like a spectacular deal, but the calculations look to be correct.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

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