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2021 Toyota Tundra Lease Deals and Prices

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    KnndlbKnndlb Member Posts: 11
    kyfdx said:

    Knndlb said:

    Michaell said:

    Knndlb said:

    Hello, can I get the MF, Residual, and Incentives for Crew Max cabs in 76017 on the following:
    SR5 4x4
    Limited 4x2
    Limited 4x4
    TRD 4x4

    Thanks in advance!

    What lease term and how many miles per year?
    36/12
    Unless you are buying by tomorrow, all of these numbers expire...
    Why don't you wait until after Wednesday?
    *facepalm* that's right, they do, don't they. Good point.
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    HECMPROHECMPRO Member Posts: 12
    Now that it's June, I'm not sure how much the numbers change.
    Sorry in advance for multiple trim levels, but there's not much to chose from out there. THANK YOU!!!!
    When time allows, can you please provide MF/RF
    12/24 - 78613.
    Crewmax TRD Pro 4x4 - , 1794 4x4 - , Limited 4x4 - Platnum 4x4
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    MichaellMichaell Moderator Posts: 243,898
    HECMPRO said:

    Now that it's June, I'm not sure how much the numbers change.
    Sorry in advance for multiple trim levels, but there's not much to chose from out there. THANK YOU!!!!
    When time allows, can you please provide MF/RF
    12/24 - 78613.
    Crewmax TRD Pro 4x4 - , 1794 4x4 - , Limited 4x4 - Platnum 4x4

    .00245 MF
    81%, 75%, 79%, 77%

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    LostGeographerLostGeographer Member Posts: 1
    edited June 2021
    Hi,
    If my question is too weird/require opening a ton of windows or something and is not just glanceable don't worry about it. But I was wondering if you could tell me what model Tundra Crewmax 4x4 has the best values (I don't care about years and miles, we're gonna pick it up after the lease is over) for 98684? If not no worries.
    Dealerships here don't have more than one or two (with no consistency to trims), so I am going to be looking all over the state it seems.
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    kyfdxkyfdx Moderator Posts: 240,868

    Hi,
    If my question is too weird/require opening a ton of windows or something and is not just glanceable don't worry about it. But I was wondering if you could tell me what model Tundra Crewmax 4x4 has the best values (I don't care about years and miles, we're gonna pick it up after the lease is over) for 98684? If not no worries.
    Dealerships here don't have more than one or two (with no consistency to trims), so I am going to be looking all over the state it seems.

    If you are going to end up owning it, then there really is no "best trim". A higher residual will give you a lower lease payment, but a higher buyout price after the lease is up.

    As a general rule, the lower trims have higher residual values. As they are also lower priced, they'll also have the lowest overall cost, in the long run. So, stick with the SR5

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    mkm1061mkm1061 Member Posts: 10
    When you have a moment, can you please provide MF/RF
    10k/24m & 10k/36m - 49009.
    Crewmax Limited 4x4 & Platinum 4x4
    Thank you in advance for taking the time to respond.
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    MichaellMichaell Moderator Posts: 243,898
    mkm1061 said:

    When you have a moment, can you please provide MF/RF
    10k/24m & 10k/36m - 49009.
    Crewmax Limited 4x4 & Platinum 4x4
    Thank you in advance for taking the time to respond.

    24/12 and 36/10 residuals
    .00245 MF
    LTD - 79% / 74%
    Plat - 77% / 72%

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    HECMPROHECMPRO Member Posts: 12
    Assuming: Credit 815+
    Limited RV of 79% , Money Factor of .00245 , 24/12 Term

    $51,723.00 MSRP ( & Residual Value = $40,861.17 ) 79% of MSRP
    + $1,600.00 Fees, Title, MV Sales/Use, Acquisition fee etc
    = $53,523.00 Gross Cap Cost
    -($7,500.00) Cash DP
    =$46,023.00 Adjusted Cap Cost -Net Cap Cost
    -----------------------------------------------------------------------------------------------------------------------------------
    ($46,023.00 Net Cap Cost - $40,861.17 Residual Value) / 24 = $215.08 Depreciation Fee
    ($46,023.00 Net Cap Cost + $40,861.17 Residual Value) x .00245 = $212.86 Financed Fee
    Monthly Lease Payment = $427.95 (Depreciation Fee + Financed Fee) (No sales Tax included- TX)
    What am I missing? Every dealer I engage comes to me with payments in the high 600's.

    -----------------------------------------------------------------------------------------------------------------------------------------
    I ran the numbers on a TRD Pro using the same formula, MSRP was $58,000k with $1,600 in fees etc, $7,500 DP, this time I used 81% RV and .00245MF, and the payment came to $455.75. I was quoted payments in the $800's , one even sent me a payment of $1,085. per month
    TRD PRO Math
    ($52,100 Net Cap Cost - $46,980.00 Residual Value) / 24 = $213.00 Deprecication Fee
    ($52,100 Net Cap Cost + $46,980.00 Residual Value)) x .00245 = $$242.74 Financed Fee
    $455.75 Monthly.

    Am I just in Lala land? Is this not how to calculate a lease payment? I'm in mortgage finance and the Lease Finance world is way different.

    Any input/ guidance is appreciated!

    I hope this helps others on here. Thank you for your time! We all are grateful for what you do!!!
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    MichaellMichaell Moderator Posts: 243,898
    HECMPRO said:

    Assuming: Credit 815+
    Limited RV of 79% , Money Factor of .00245 , 24/12 Term

    $51,723.00 MSRP ( & Residual Value = $40,861.17 ) 79% of MSRP
    + $1,600.00 Fees, Title, MV Sales/Use, Acquisition fee etc
    = $53,523.00 Gross Cap Cost
    -($7,500.00) Cash DP
    =$46,023.00 Adjusted Cap Cost -Net Cap Cost
    -----------------------------------------------------------------------------------------------------------------------------------
    ($46,023.00 Net Cap Cost - $40,861.17 Residual Value) / 24 = $215.08 Depreciation Fee
    ($46,023.00 Net Cap Cost + $40,861.17 Residual Value) x .00245 = $212.86 Financed Fee
    Monthly Lease Payment = $427.95 (Depreciation Fee + Financed Fee) (No sales Tax included- TX)
    What am I missing? Every dealer I engage comes to me with payments in the high 600's.

    -----------------------------------------------------------------------------------------------------------------------------------------
    I ran the numbers on a TRD Pro using the same formula, MSRP was $58,000k with $1,600 in fees etc, $7,500 DP, this time I used 81% RV and .00245MF, and the payment came to $455.75. I was quoted payments in the $800's , one even sent me a payment of $1,085. per month
    TRD PRO Math
    ($52,100 Net Cap Cost - $46,980.00 Residual Value) / 24 = $213.00 Deprecication Fee
    ($52,100 Net Cap Cost + $46,980.00 Residual Value)) x .00245 = $$242.74 Financed Fee
    $455.75 Monthly.

    Am I just in Lala land? Is this not how to calculate a lease payment? I'm in mortgage finance and the Lease Finance world is way different.

    Any input/ guidance is appreciated!

    I hope this helps others on here. Thank you for your time! We all are grateful for what you do!!!

    You have the math correct, but you're missing a big component.

    You pay sales tax in TX on the entire selling price; 6.25% of $53K is $3300 and change

    The tax, along with the first payment, are either added to the cap cost, or they come out of the $7500 up front cash.

    That's probably $100/mo, right there. Ask the dealer for a screen shot of their lease quote, so we can compare all the numbers.

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    impaul4impaul4 Member Posts: 44
    Could I get MF, Rv, incentives for the following.
    1. 4x2 Platinum CrewMax- does 4x4 vs 4x2 change anything here?
    2. 4x4 TRD Pro CrewMax
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    kyfdxkyfdx Moderator Posts: 240,868
    impaul4 said:

    Could I get MF, Rv, incentives for the following.
    1. 4x2 Platinum CrewMax- does 4x4 vs 4x2 change anything here?
    2. 4x4 TRD Pro CrewMax

    What is your location?
    What term and mileage allowance?

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    impaul4impaul4 Member Posts: 44

    36/12k and 78258

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    kyfdxkyfdx Moderator Posts: 240,868
    impaul4 said:

    Could I get MF, Rv, incentives for the following.
    1. 4x2 Platinum CrewMax- does 4x4 vs 4x2 change anything here?
    2. 4x4 TRD Pro CrewMax

    impaul4 said:

    36/12k and 78258

    .00245 MF
    1) 69%/71% residual for 2WD/4WD
    2) 75% residual

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    TonesRomesTonesRomes Member Posts: 59
    edited June 2021

    Could I get the MF and RV and any incentives for the SR5 4x4 crewmax. Zip 75070.

    36/12 and 24/12. Thanks

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    kyfdxkyfdx Moderator Posts: 240,868

    Could I get the MF and RV and any incentives for the SR5 4x4 crewmax. Zip 75070.

    36/12 and 24/12. Thanks

    .00245 MF
    79%/73% residual

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    TonesRomesTonesRomes Member Posts: 59
    Could I get the MF and RV for the TRD Pro Crewmax . Zip 75070.

    36/10 and 24/10.

    Thanks
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    alex_msu1alex_msu1 Member Posts: 81
    Hi,
    Could I please get the MF, RV, and incentives for the 1794 and Limited 4WD Crewmax. Zip 15236. 36/12, 24/12.
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    MichaellMichaell Moderator Posts: 243,898

    Could I get the MF and RV for the TRD Pro Crewmax . Zip 75070.

    36/10 and 24/10.

    Thanks

    .00245 MF
    81% / 76% for 24/12 or 36/10

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    MichaellMichaell Moderator Posts: 243,898
    alex_msu1 said:

    Hi,
    Could I please get the MF, RV, and incentives for the 1794 and Limited 4WD Crewmax. Zip 15236. 36/12, 24/12.

    .00245 MF
    LTD - 79% / 73%
    1794 - 75% / 69%
    No incentives

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    skrockij89skrockij89 Member Posts: 28
    Hello. Could I get the MF and RV for the SR5 CrewMax 4x4 looking for 36/12, zip code 59833. Thank you!
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    HECMPROHECMPRO Member Posts: 12
    I am ready for this to be over! I'm all about the win-win. I get it... the dealer needs to make as much as they can on each deal due to a decrease in volume. Unfortunately, I feel like I'm getting ripped off every single time I get a lease quote.
    This is a quote I received today. It's for 1794. I told them: 815+ credit, 24/12 with $8K down payment
    Looks like they are giving 71% RV and somewhere around .00275 MF.
    This quote is from 77802. I am in 78613 but I have to look beyond my area to find inventory.




    I had a different dealer in 78211 give me $40,922 RV for a Platinum w/msrp of $57,147.00. The salesman did tell me their MF is .00145, but due to the low RV, it still came out to be too high of a payment.

    :@
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    MichaellMichaell Moderator Posts: 243,898

    Hello. Could I get the MF and RV for the SR5 CrewMax 4x4 looking for 36/12, zip code 59833. Thank you!

    .00245 and 73%

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    kyfdxkyfdx Moderator Posts: 240,868
    HECMPRO said:

    I am ready for this to be over! I'm all about the win-win. I get it... the dealer needs to make as much as they can on each deal due to a decrease in volume. Unfortunately, I feel like I'm getting ripped off every single time I get a lease quote.
    This is a quote I received today. It's for 1794. I told them: 815+ credit, 24/12 with $8K down payment
    Looks like they are giving 71% RV and somewhere around .00275 MF.
    This quote is from 77802. I am in 78613 but I have to look beyond my area to find inventory.




    I had a different dealer in 78211 give me $40,922 RV for a Platinum w/msrp of $57,147.00. The salesman did tell me their MF is .00145, but due to the low RV, it still came out to be too high of a payment.

    :@

    I don't see any provision for sales tax on that document.
    Plus, no discount
    24 month leases are going to be terrible on the Tundra. (or, on almost anything in Texas)

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    HECMPROHECMPRO Member Posts: 12
    I know, I don't understand why they send out quotes like this. I've received three quotes from three different dealers and they all look like this. What discount are you referring to?
    I thought a 24-month lease would give a higher RV on the Tundra and the higher RV could help with the payment. Also, provide better odds of not being upside down at the end of the lease.
    What would you suggest on a Tundra in TX?
    Thank you for your patience and advice.

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    kyfdxkyfdx Moderator Posts: 240,868
    HECMPRO said:

    I know, I don't understand why they send out quotes like this. I've received three quotes from three different dealers and they all look like this. What discount are you referring to?
    I thought a 24-month lease would give a higher RV on the Tundra and the higher RV could help with the payment. Also, provide better odds of not being upside down at the end of the lease.
    What would you suggest on a Tundra in TX?
    Thank you for your patience and advice.

    NO discount is what I referred to.
    Your math is wrong on favoring 24 month leases
    I don't see any provision for sales tax on your quote, which is very high in Texas. Moving to 36 months helps also, because the sales tax is the same, and amortized over more months.

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    RjgjageeRjgjagee Member Posts: 5
    Could I please get the MF, RV and any incentives for a Tundra Limited Double Cab 4x4 and a Tundra SR5 Double Cab 4x4 for 36/15k. Zip code is 16214. Thanks!!
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    kyfdxkyfdx Moderator Posts: 240,868
    Rjgjagee said:

    Could I please get the MF, RV and any incentives for a Tundra Limited Double Cab 4x4 and a Tundra SR5 Double Cab 4x4 for 36/15k. Zip code is 16214. Thanks!!

    .00245 MF
    68%/67% residual for SR5/LTD

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    BarronCheeseBarronCheese Member Posts: 6
    edited June 2021
    Can I get the MF, RV and any incentives for a 2021 Toyota Tundra SR5 CrewMax 5.7L V8 both 4x4 & 4x2 please? 36/12k, zip 90815
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    MichaellMichaell Moderator Posts: 243,898

    Can I get the MF, RV and any incentives for a 2021 Toyota Tundra SR5 CrewMax 5.7L V8 both 4x4 & 4x2 please? 36/12k, zip 90815

    .00245 MF and 72% / 73% for 4x2/4x4
    No incentives

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    leaseHuntingleaseHunting Member Posts: 1
    edited June 2021
    What is the RV and MF on the 2021 Tundra SR5 5.7L V8 Truck CrewMax 4x2

    24 and 36 12k 79925
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    kyfdxkyfdx Moderator Posts: 240,868

    What is the RV and MF on the 2021 Tundra SR5 5.7L V8 Truck CrewMax

    24 and 36 12k 79925

    .00245 MF
    79%/73% residual

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    holmitanholmitan Member Posts: 66
    Can I get the MF/RV on 2021Toyota Tundra 1794 Edition CrewMax 5.5' Bed 5.7L 4X4, 24/12 and 36/12 for 84094 and 43616? TIA
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    kyfdxkyfdx Moderator Posts: 240,868
    holmitan said:

    Can I get the MF/RV on 2021Toyota Tundra 1794 Edition CrewMax 5.5' Bed 5.7L 4X4, 24/12 and 36/12 for 84094 and 43616? TIA

    .00235 MF
    75%/69% residual

    either location

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    TonesRomesTonesRomes Member Posts: 59
    Hello,

    Can I get the RV and MF on the 2021 Tundra SR5 5.7L V8 Truck CrewMax 4x2 and 4x4?

    24/12k and 36/12k 75070
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    MichaellMichaell Moderator Posts: 243,898

    Hello,

    Can I get the RV and MF on the 2021 Tundra SR5 5.7L V8 Truck CrewMax 4x2 and 4x4?

    24/12k and 36/12k 75070

    .00235 MF
    4x2 - 78% / 72%
    4x4 - 79% / 73%

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    yellajacket20yellajacket20 Member Posts: 6
    edited July 2021

    Hello,

    Can I have RV and MF for a Tundra Limited crewmax 4x4 for 36 months, 12k miles?

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    MichaellMichaell Moderator Posts: 243,898

    Hello,

    Can I have RV and MF for a Tundra Limited crewmax 4x4 for 36 months, 12k miles?

    What is your location?

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    yellajacket20yellajacket20 Member Posts: 6

    @Michaell said:
    What is your location?

    Sorry, 30542

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    kyfdxkyfdx Moderator Posts: 240,868

    Hello,

    Can I have RV and MF for a Tundra Limited crewmax 4x4 for 36 months, 12k miles?

    @Michaell said:

    What is your location?

    Sorry, 30542


    Standard MF and 72% residual
    (no, we don't know the number)

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    223247223247 Member Posts: 9

    Hello,

    Could I please have the MF and residual for 2021 Tundra SR5 crewmax 4x4 and 4x2 for 36mo/12k in 45214?

    Thanks in advance.

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    MichaellMichaell Moderator Posts: 243,898
    223247 said:

    Hello,

    Could I please have the MF and residual for 2021 Tundra SR5 crewmax 4x4 and 4x2 for 36mo/12k in 45214?

    Thanks in advance.

    .00235 MF
    72% 4x2
    73% 4x4

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    JordanPDXJordanPDX Member Posts: 12

    RV, MF and incentives for 2021 SR5 4x4 Crew Max trd off road in 97086. 3yr/12k miles and 2 yr/12k miles please and thank you

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    kyfdxkyfdx Moderator Posts: 240,868
    JordanPDX said:

    RV, MF and incentives for 2021 SR5 4x4 Crew Max trd off road in 97086. 3yr/12k miles and 2 yr/12k miles please and thank you

    .00235 MF
    79%/73% residual

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    JordanPDXJordanPDX Member Posts: 12

    RV, MF and incentives for 2021 SR5 4x4 Crew Max trail edition in 97086. 3yr/12k miles and 2 yr/12k miles please and thank you

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    kyfdxkyfdx Moderator Posts: 240,868
    JordanPDX said:

    RV, MF and incentives for 2021 SR5 4x4 Crew Max trail edition in 97086. 3yr/12k miles and 2 yr/12k miles please and thank you

    All SR5 Crewmax 4X4s have the same numbers

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    JLHJJLHJ Member Posts: 40
    edited July 2021

    Can I get MF/residual/incentives on a 2021 tundra sr5 RWD double cab for 24/10 & 36/10?
    Zip 37221

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    MichaellMichaell Moderator Posts: 243,898
    JLHJ said:

    Can I get MF/residual/incentives on a 2021 tundra sr5 RWD double cab for 24/10 & 36/10?

    Zip 37221

    Short bed or long bed?

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    JLHJJLHJ Member Posts: 40

    @Michaell said:
    Short bed or long bed?

    Long bed

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    kyfdxkyfdx Moderator Posts: 240,868
    JLHJ said:

    Can I get MF/residual/incentives on a 2021 tundra sr5 RWD double cab for 24/10 & 36/10?

    Zip 37221

    JLHJ said:

    @Michaell said:

    Short bed or long bed?

    Long bed


    .00235 MF
    76%/71% residual for 24/12 and 36/10

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    Yogimast_erYogimast_er Member Posts: 5
    edited July 2021

    Can I get mf, rv and any incentives on 2021 sr5 crewmax 4x4 in 48328, 10k/36 and 10k/24

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