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Toyota Highlander Lease Questions
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TFS' current 36-month, 15,000 mile per year residual value for the 2010 Highlander Sport 4WD is 57%. The problem with using this percentage is that it is for this truck's base MSRP. TFS places restrictions upon what options can be residualized making it difficult for consumers to calculate accurate lease payments on their own.
Car_man
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Can you post the 2010 Highlander Limited AWD lease rates.
thanks
i live in ny i got a offer for 2010 Highlander Limited 12000 miles with Rear-seat DVD entertainment system for 475 before tax is it a good deal?
Car_man
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Car_man
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It is very difficult for individual consumers to calculate the actual dollar residual values for specific vehicles. Toyota dealers usually don't make mistakes in calculating them though because TFS provides dealers with a list of the dollar-based residuals for every single unit that they have in stock.
Car_man
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thanks
Thanks.
Keep in mind that Toyota places restrictions upon what options can be residualized, making it difficult for individual consumers to calculate lease payments on their own.
Car_man
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If I was in the market for a 2010 Highlander in your area right now, I personally would shoot for a selling price of around $500 over dealer invoice, give or take. You can look up this truck's exact invoice price over in the New Vehicle Pricing section of this site.
Toyota's New York region buy rate lease money factor is for the '10 Highlander is currently .00060 for consumers who qualify for its top aka Tier 1+ credit tier.
Car_man
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Thanks for your time on this board. We are looking for the money factor and residual for a base 4 cyl 2010 Highlander in Los Angeles. And with those numbers I assume we can plug into the calculator on Edmund's and get a pretty good idea of our payment? With the selling price in hand, of course. Thank you.
-scpax
You helped me get my Hyundai Genesis and i'm hoping you can help me get my wife's new car, i'm looking at a few models, can you let me know if there are any lease programs available and if so what are the MF, Residuals, and any incentive for the following cars
1. 2010 Toyota Highlander - Base model 4WD
2. 2010 Dodge Journey - SXT AWD
3. 2010 GMC Terrain - SLE2 AWD
4. 2009 Kia Borrego - LX AWD
Thanks again for your assistance
CPAMAN
I was wondering if anyone could provide me with the money factor and residual for the above vehicle in WI or IL. I am close to both states.
Also, would you suggest, play hardball and try to buy/lease by year end or wait until next year?
Lastly, with IL cost of living being higher than WI, does it make sense to try to work out a deal with an IL dealership or WI?
Any thoughts would be appreciated! Thanks.
John
John
Thanks for the response. The sticker price is $36,128. I am getting the car for $33,900. I plan on leasing with a lease factor of .00060 for 36 months at 12K per year. I just noticed on the invoice that the TDA is $500.00, Dealer holdback is $630.00 and The whsl financial reserve is $315.00. Should I be paying these fees? please respond asap. TY.
I think the residual is 57%, but I am still a bit unclear as to how toyota calculates the base residual, and what they residualize.
I'm looking to get into a 2wd limited. (not hybrid)
Thanks!
This is my first post....ever....on anything. Can anyone recommend a good and honest Toyota dealer in either Orange County or near Beverly Hills? I have been to several dealers and even with great credit, it seems that the deals that everyone else is getting are nothing like what I am being offered. Any advice or suggestions would be greatly appreciated.
do you know if lease money factor remained the same 0.00060 for NY region in January?
One of the dealerships near me is running an early lease termination program with $3500 allowance for existing leases. This amount would get me out of my current lease expiring in August and put me in a brand new Highlander still in time for skiing trips.
Do you have any tips on how to handle these types of promotions? Anything to watch out for?
Hard to believe it is that straight forward.
Thanks in advance.
Any clue as to whether it would be a good idea to lease a 2009 highlander as opposed to a 2010 (for example better money factor/lease cash)?
I've found a couple of 2009 and am wondering if they would be a better deal.
Thanks!
Anyone heard otherwise?
Thanks for any help you can provide. I am in New York and coming out of a BMW
X3 lease in March. Had a good lease deal on that - currently pay $465 (hoping to pay a little less on this one or around the same) on a X3 with premium package and privacy glass. Nice car, but I need a 3rd row and more storage room.
The sticker price was 41,000 and some change. My husband and I walked out on the guy after he first came out with the number on a lease of $589 (36 months no money down) and then went to 485 with us putting $2,000 down - He kept telling me he came down a hundred dollars which is bull since he's getting 2K from me so I know he only came down about $40 off the payment. My current lease is 465 and I am looking to pay around the same or lower. Anyone recommend a good dealer on Long Island, NY. I am getting tired of the run around and wish I could get a decent answer when I ask what the sales price of the auto is.
thanks!
Thanks!
The residual values for 2009 Highlanders are definitely lower than the resids for 2010 models. If you provide me with a detailed description of the exact truck that you want I should be able to give you an idea of what TFS' current residual value percentage is for it.
Car_man
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Cap Cost $31687
Residual $20019
Money Factor 0.00115
Monthly Payment $383
Total due at signing $1331
(includes $298 doc fee, $650 acquisition fee and 1st month payment)
Could you possibly provide me with the name of the dealership/state? Looking to score a deal and that looks pretty good!
Thank you!
I would really like the dealer name and location also. Looks like a great deal!
Thanks!
Is your payment of $383 inc tax or excl tax?
Please provide the MF and residual % based on a 36 month, 12k/yr lease for a 2010 AWD Highlander Limited with Extra Value Package 8.
Thanks in advance!
TFS' current residual value for a 36 month lease of a 2010 Highlander Limited AWD with 12,000 miles per year is 57%. The problem with this percentage is that it is for base vehicles. TFS places restrictions and caps upon what options can be residualized. This not only makes lease payments difficult to estimate, it also makes its effective residual values lower than its percentages appear.
Car_man
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They did not return my call over the weekend and now the lease special has expired. I couldn't get into the dealer yesterday as I was out of town for work. Due to the deposit and signed buyer's order which clearly indicates final monthly payment price, will they honor? Or should I say, "should" they honor? Or do I need to get my deposit back and get a Honda Pilot?
This is in Westchester County, NY State, but it sounds that it's a nationwide program.
36 months, 12K, .0015 MF on a 2010 Highlander Sport, AWD, Leather, and Sunroof for $1,500 down and $439 monthly. Is this reasonable?
I am returning a 07 Highlander Limited off lease.
What would be a good $$$ figure per mo on a 36 mos, 12k lease? My dealership is offering me $520 / mo with $4K down...that seems very high with 0% financing. Thanks for any help or advice. PS: Am I right in considering this car relative to Honda?
FWD base model, 12K 36months
$383 +tax a month with only 1st payment due at signing.
Is this a good deal?
Your payments total $13,788 - not $12,414 above.
I note that Toyota Dealers do not like this deal and make it hard to get, as they make nothing from Toyota and rather get a kick back from a leasing company.
With confidence, I offered the Toyota dealer $399 a month for the Highlander, all starting fees, sales tax include and GAP additional. They accepted! I got the SE with addon blue tooth for $415. MSRP was around 35k, I believe the sale price was around $32000 (I don't have the paperwork in front of me).
Bottom line, totally igonore what they tell you. When you see their number, go crazy...Give them any number you want that is reasonable to you. My girlfriend got 33% marked off her monthly lease payment because I pointed to the dealer's price and grunted. CRAZY!!! What a business.