LEASE - I'M A NEWBIE

123jem

THIS IS MY FIRST LEASE - IS THIS A GOOD DEAL? 2020 TOYOTA RAV 4 LE AWD
MSRP $29723; DISCOUNT $3,402; SALE PRICE $26,321; CAP FEES & TAXES $949; CUSTOMER CASH $513; ADV PAYMENT $275; UPFRONT FEES $212; RESIDUAL VALUE $19,320; MONEY FACTOR 0.00117; 10,000 MILES/36 MONTH.
ALSO DO I NEED TO PURCHASE GAP INSURANCE?
REGARDING LEASE PAPERWORK ANYTHING I NEED TO BE ON THE LOOKOUT FOR?
THANK YOU.

kyfdx

123jem said:

THIS IS MY FIRST LEASE - IS THIS A GOOD DEAL? 2020 TOYOTA RAV 4 LE AWD
MSRP $29723; DISCOUNT $3,402; SALE PRICE $26,321; CAP FEES & TAXES $949; CUSTOMER CASH $513; ADV PAYMENT $275; UPFRONT FEES $212; RESIDUAL VALUE $19,320; MONEY FACTOR 0.00117; 10,000 MILES/36 MONTH.
ALSO DO I NEED TO PURCHASE GAP INSURANCE?
REGARDING LEASE PAPERWORK ANYTHING I NEED TO BE ON THE LOOKOUT FOR?
THANK YOU.

What is your location?

What is the total amount Due at Signing?

What is the payment? $275?

TFS leases do NOT include GAP insurance, and I would not want a lease without it. However, the F&I office might have a pretty high price on it. My last Toyota lease, they started at $700 for GAP, and ended up offering it for $225, after I turned their offer down, repeatedly.