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Toyota Highlander Lease Questions
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Western New York
MSRP 35k
3yr/36k lease
2100 total out of pocket
including all taxes and fees
350/month
Great deal?
seems like a good deal...Where are you located? Did you pick it up?
I was offered same model for 1500.00 total down Monthly payment of $350 per month. I am in VA outside of DC.
went in today to close the deal- the car was sold!..i have a feeling they never would have sold it to me...they have sister delaerships 100 miles away, they wouldn't guarantee me the car from the other dealership...i think, they'll take my deposit and my car won't be "located" til after 9/7 and then I'd pay the new lease program rate...call me paranoid, but thats what I'm thinking!
as an FYI- I just picked up my wifes 2010 6cyl AWD lease.
1300.00 total out of pocket, 330 per month lease.
Car has sticker of 30880 (base with cold weather pkg, extra value pkg and mats) and 2yr 25k free maintenance.
Great car so far-decided against leasing another murano s. Base murano has much less equipment:
no roof rails
no heated mirror
no heated windshield wiper de-icer
Thanks for all the valuable information so far, if somebody could please provide me the residual and money factor for the lease of a 2010 Toyota Highlander SE V6 awd top tier credit in Scottsdale, AZ, 36 month 12k miles/yr. MSRP is $35,200 Thanks.
Any help will be greatly appreciated.
Could you please post the MF & residual for the 2010 and 2011 Base Highlander with the V6 engine. This lease would be for 36 months and with 10k per year. I am in KY. As always, I appreciate it.
MSRP: 39,855
Purchase Price: 35,900
Payment: 470/month
Money Down:1,444.00 which was all fees except taxes plus 1st month payment
Residual: 20,724.60
3 year 12K/year
Any good? Seemed good to me.
Unfortunately, TFS is fairly cryptic about what options can be residualized. It is so confusing that they provide dealers with long lists of the dollar residual values for the specific units that they have in stock rather than relying on them to calculate them themselves.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Toyota Financial Services' current New York region buy rate lease money factor and residual value for a 36 month lease of a base Highlander V6 4WD with 15,000 miles per year are .00050 and 57%, respectively for consumers who qualify for its top aka "Tier 1+" credit tier.
The problem with these numbers is that TFS places restrictions upon what options can be residualized, making it difficult for consumers to calculate lease payments on their own.
I don't think that you'd be able to do any better by leasing this truck in Maryland. In fact, it might actually cost you more to lease one there.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Here were my numbers from Smart Motors in Madison (highly recommend this dealership, very professional, low pressure).. they gave me a $2k credit for my Odyssey, the lease expires on that in 14 days.
MSRP: $35235
Sales price: $32136
Credit for Odyssey: $2000
Drive off out of pocket: $469 (includes first payment, tags)
Payment with tax and GAP: $380.60/month
3-year, 36k lease
Did have them put on cross bars on the roof rack which rolled in an extra $229.
Very happy to get a $35k (MSRP) vehicle, with leather heated, 3rd row seats, 4WD, rearview camera, for just $380/mo.
Thanks, CarMan!
MSRP: $35688
Sales price: $32xxx
Drive off out of pocket: $750 (includes first payment, tags)
Payment with tax and GAP: $426/month
3-year, 36k lease
Truck has pearl white paint,bluetooth,roof rack,mud guards,wheel locks
Vehicle Price/MSRP: $29,145.00
Theft Protection Program: + $199.00
Preferred Customer Discount: - $3,224.00
Selling Price: $26,120.00
Tag/Registration Fees (estimate): + $75.00
Lien Fee: + $10.00
Title Fee: + $73.50
Documentation Fee: + $154.38
Electronic Filing: + $19.50
Residual is $14570.25. With $3000 down (which includes first lease payment, license and title fees), payment would be $301/mo. Adding gap would be about $15/mo mor.
Is this a good deal?
Thank you!
What was your deal shaker58? The $301 included the $500 lease rebate and $500 military rebate. The vehicle has to options of floor mats/radio am/fm/6 cd changer, cold weather package, and 3rd row seat. Not sure if that makes much of a difference.
Thank you!
msrp $38998.00
neg price $35995.00
0 zero down
money factor of .0001
residual $20015.00
aquisition fee $650.00
36 months 12000miles a year
total drive off $1100.00 (first mo and lic fees)
monthly payment of $453.74 + tax $497.98 total a month
I believe there may be a tiny bit of negotiation left in the msrp, but this is what ive got so far. Im in so cal and dealer is Longo Toyota.
Any ideas or suggestions?
Thanks to all in advance.
First time leasing. They have 2010 Highlander with $0 down for $369/month. This is the AWD model. I'd prefer the Limited model - how would I go about negotiating the price for this model? Would the same money factor apply?
Thanks,
Chris
Here is the details for the lease special:
********************************************************************************- ********
Lease a new 2010 Highlander Model #6948 6 speed automatic for $369 a month for 36 months with $0 due at signing, which includes $0 down, $0 first month’s payment and $0 security deposit. Does not include taxes, license, title fees, insurance and regionally required equipment and other dealers’ charges are extra and are not included in the amounts shown. Closed-end lease. Manufacturer’s Suggested Retail Price including freight $30,455. Monthly payments of $359 for 35 months total $12,565. Capitalized cost of $29,643. based on down payment and dealer participation, which may vary by dealer. Payment may vary depending on final transaction price. Lease-end purchase option is $17,199. Customer responsible for maintenance, excess wear and tear and $0.15 per mile over 12,000 miles per year. To qualified Tier 1+ customers through Toyota Financial Services. Cannot be combined with any other offers. Subject to availability. Must take retail delivery by 11/1/10. Optional equipment may vary by region. Excludes hybrid models. See participating dealer for details.
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Could you please post the buy rate lease money factors and residual values for November (or the latest you have). I'm in Northern VA if that matters. This is for a 2011 Limited with 4WD @ 10K or 12K a month.
Thanks!
I was just provided the following information for a 2011 Highlander Limited AWD w/ Nav. 36 months 18k miles/yr:
MF: .001550
Residual 58%
This is from a dealer in NJ
Thanks much.
2010 Highlander Limited, AWD, Package #8, Tow Package, 12 k/month, 36 month
MSRP - $39,290
Cap - $35,290
Res - $20,515
MF - .00068
Drive Off - $0
They are quoting me $560, but when I run the numbers, I only get to $492 (incl. 7% state tax - TN)
How does the deal look? I am trying to find out what the $60 difference is right now.